Civic Intelligence

Swarthmore Public Library Assoc

990 • Fiscal year 2021 • EIN 23-1433879

Jan 01, 2021 to Dec 31, 2021 • Filed on Jul 22, 2022

121 Park AvenueSwarthmore, PA 19081-1536

(610) 543-0436

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

29th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2021 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2021

Liabilities / Revenue

29th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2021 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2021

Net Margin

32nd percentile

2.0%

Higher net margin than 32% of similar nonprofits.

2021 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2021

Top Officer Pay

74th percentile

$64,111

Higher top officer pay than 74% of similar nonprofits.

Top officer pay equals 20.9% of source-year revenue.

2021 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2021

Asset Growth

32nd percentile

1.0%

Faster asset growth than 32% of similar nonprofits.

2021 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2020 to 2021

Revenue Growth

21st percentile

-12%

Faster revenue growth than 21% of similar nonprofits.

2021 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2020 to 2021

Assets

Up

$534,808

Up $5,423 (+1.0%) from 2020

Net Assets

Up

$534,808

Up $5,423 (+1.0%) from 2020

Liabilities

Flat

$0

Flat from 2020

Revenue

Down

$306,047

Down $42,141 (-12%) from 2020

Expenses

Up

$299,836

Up $11,076 (+3.8%) from 2020

Net Income

Down

$6,211

Down $53,217 (-90%) from 2020

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$600K$400K$200K$0Assets 2016: $248,191Liabilities 2016: $0Net Assets 2016: $248,1912016Assets 2017: $240,435Liabilities 2017: $0Net Assets 2017: $240,4352017Assets 2018: $453,888Liabilities 2018: $0Net Assets 2018: $453,8882018Assets 2019: $469,957Liabilities 2019: $0Net Assets 2019: $469,9572019Assets 2020: $529,385Liabilities 2020: $0Net Assets 2020: $529,3852020Assets 2021: $534,808Liabilities 2021: $0Net Assets 2021: $534,8082021Assets 2022: $552,892Liabilities 2022: $0Net Assets 2022: $552,8922022Assets 2023: $577,705Liabilities 2023: $0Net Assets 2023: $577,7052023Assets 2024: $599,855Liabilities 2024: $0Net Assets 2024: $599,8552024

Highlighted filing

2021

Assets$534,808
Liabilities$0
Net Assets$534,808

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$600K$400K$200K$0-$200KRevenue 2016: $274,577Expenses 2016: $268,359Net Income 2016: $6,2182016Revenue 2017: $272,882Expenses 2017: $280,638Net Income 2017: -$7,7562017Revenue 2018: $530,138Expenses 2018: $316,685Net Income 2018: $213,4532018Revenue 2019: $327,394Expenses 2019: $311,325Net Income 2019: $16,0692019Revenue 2020: $348,188Expenses 2020: $288,760Net Income 2020: $59,4282020Revenue 2021: $306,047Expenses 2021: $299,836Net Income 2021: $6,2112021Revenue 2022: $309,653Expenses 2022: $291,569Net Income 2022: $18,0842022Revenue 2023: $330,257Expenses 2023: $297,288Net Income 2023: $32,9692023Revenue 2024: $352,098Expenses 2024: $333,262Net Income 2024: $18,8362024

Highlighted filing

2021

Revenue$306,047
Expenses$299,836
Net Income$6,211
Jump To
Filing Snapshot
Filing Period
Jan 1, 2021 to Dec 31, 2021
Signed
Jul 22, 2022
Return Version
2021v4.2
Gross Receipts
$306,047
Mission and Program Overview

Mission

The swarthmore public library is a center of community life, offering educational, informational, recreational, and cultural opportunities for people of all ages. The library is a dependable source of reliable information and of challenging ideas that enlighten and enrich, and of materials in many formats that enhance leisure time and expand knowledge of current events. The library encourages the love of reading and the joy of learning and offers assistance people need to find, evaluate and us electronic and print information resources that help them live successful and rewarding lives.

The swarthmore public library is a center of community life, offering educational, informational, recreational, and cultural opportunities for people of all ages. The library is a dependable source of reliable information and of challenging ideas that enlighten and enrich, and of materials in many formats that enhance leisure time and expand knowledge of currentevents. The library encourages the love of reading and the joy of learning and offers assistance people need to find, evaluate and use electronic and print information resources that help them live successful and rewarding lives.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$387,395$392,462▲ $5,067
Savings and Temporary Cash Investments$141,990$142,346▲ $356
Total Assets$529,385$534,808▲ $5,423
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$404,196$409,808▲ $5,612
Net Assets With Donor Restrictions$125,189$125,000▼ $189
Total Net Assets Fund Balance$529,385$534,808▲ $5,423
Total Liabilities and Net Assets / Fund Balance$529,385$534,808▲ $5,423

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2021$132,100$304,576▼ $189-$436,487
2020$146,485-▼ $14,385-$132,100
2019$136,466$12,582▼ $2,563-$146,485
2018$138,705-▼ $2,239-$136,466
2017$141,205-▼ $2,500-$138,705
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Amber OsborneLibrary DirectorFT$51,755$12,356$64,111

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$285,282
Program Service Revenue
$10,321
Investment Income
$2,873
Other Revenue
$7,571
All Other Contributions
$19,323
Change in Net Assets
$6,211

Audited Revenue Reconciliation

Revenue per Audited Statements
$306,047
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$43,824
Total Revenue per Audited Statements
$349,871
Total Revenue per Form 990
$306,047
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$241,941
Other Expenses$57,895
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$138,331--$138,331
Current Officers, Directors, Trustees, and Key Employees$64,111--$64,111
Other Employee Benefits$18,764--$18,764
Payroll Taxes$16,205--$16,205
Office Expenses-$11,479-$11,479
Pension Plan Contributions$4,530--$4,530
Fees for Services Accounting-$1,150-$1,150
Other Expenses$41,152$539-$539
Advertising-$444-$444
Information Technology-$216-$216
Total Functional Expenses$283,093$16,743$0$299,836

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$344,448
Expenses per Audited Statements$299,836
Total Expenses per Form 990$299,836
Expenses Not Reported on Form 990$44,612
Expenses Not Reported on Financial Statements$0
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$3,477
Fundraising Direct Expenses$0
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
No
Audit committee
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 7A

The borough of swarthmore has the right to appoint up to two members of the library's board of trustees. This right is not currently exercised by the township.

Form 990, Part VI, Section B, Line 11B

Form 990 is reviewed by all board members prior to filing with irs.

Form 990, Part VI, Section C, Line 19

The organization makes documents, conflict of interest policy and financial statements available upon request.

Filing and Contact Details

Filer

Filer Name
Swarthmore Public Library
EIN
23-1433879
Phone
6105430436
Address
121 PARK AVENUE, SWARTHMORE, PA 19081-1536

Signing Officer

Name
Abigail Cengel
Title
Library Director
Phone
6105430436
Signed
2022-07-22

Organization Details

Principal Officer
Abigail Cengel
Formed
1928
Legal Domicile
Pa
Voting Board Members
9
Independent Board Members
9
Employees
8
Volunteers
30

Preparer

Firm
Barbacane Thornton & Company
Address
503 CARR RD SUITE 100, WILMINGTON, DE 19809
Preparer
Jeffrey a Kowalczyk CPA
Phone
3024788940
Supplemental Narrative

Financial Statement Notes

PART X, LINE 2:

No provision has been made for income taxes since the library qualifies as a tax-exempt organization under the internal revenue code, section 501(c)(3), and its activities do not result in any income tax liability. The library has been classified as a library that is not a private foundation under section 509(a)(2). In accordance with the section of the financial accounting standards board accounting standards codification regarding accounting for uncertainty in income taxes, the library is required to recognize the financial statement effects of a tax position if it is more likely than not that the position will not be sustained upon examination. The library has no uncertain tax positions that qualify for recognition in the financial statements. Since tax matters are subject to some degree of uncertainty, there can be no assurance that the library's tax returns will not be challenged by the taxing authorities, and that the library will not be subject to additional tax penalties and interest as a result of such challenge.

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IRS990/Form990PartVIISectionAGrp/TitleTxt0PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt1VICE PRESIDENT
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IRS990/MissionDesc0THE SWARTHMORE PUBLIC LIBRARY IS A CENTER OF COMMUNITY LIFE, OFFERING EDUCATIONAL, INFORMATIONAL, RECREATIONAL, AND CULTURAL OPPORTUNITIES FOR PEOPLE OF ALL AGES. THE LIBRARY IS A DEPENDABLE SOURCE OF RELIABLE INFORMATION AND OF CHALLENGING IDEAS THAT ENLIGHTEN AND ENRICH, AND OF MATERIALS IN MANY FORMATS THAT ENHANCE LEISURE TIME AND EXPAND KNOWLEDGE OF CURRENT EVENTS. THE LIBRARY ENCOURAGES THE LOVE OF READING AND THE JOY OF LEARNING AND OFFERS ASSISTANCE PEOPLE NEED TO FIND, EVALUATE AND US ELECTRONIC AND PRINT INFORMATION RESOURCES THAT HELP THEM LIVE SUCCESSFUL AND REWARDING LIVES.
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IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt12317
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0329216
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt04949
IRS990/PYOtherExpensesAmt051205
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IRS990/PYTotalExpensesAmt0288760
IRS990/PYTotalProfFndrsngExpnsAmt00
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IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt06211
IRS990/RegularMonitoringEnfrcInd00
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd00
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt010321
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0141990
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IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0491325
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0234070
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt01631706
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt02873
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt04949
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt02070
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt01313
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt0228
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt011433
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt093706
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.87310
IRS990ScheduleA/PublicSupportPY170Pct00.87090
IRS990ScheduleA/PublicSupportTotal170Amt01434670
IRS990ScheduleA/SubstantialContributorsTotAmt0197036
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0285282
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IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0291813
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0491325
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0234070
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt01631706
IRS990ScheduleA/TotalSupportAmt01643139
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
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IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
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IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
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IRS990ScheduleD/CYEndwmtFundGrp/BeginningYearBalanceAmt0132100
IRS990ScheduleD/CYEndwmtFundGrp/ContributionsAmt0304576
IRS990ScheduleD/CYEndwmtFundGrp/EndYearBalanceAmt0436487
IRS990ScheduleD/CYEndwmtFundGrp/InvestmentEarningsOrLossesAmt0-189
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/BeginningYearBalanceAmt0146485
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/EndYearBalanceAmt0132100
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0-14385
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/BeginningYearBalanceAmt0136466
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/ContributionsAmt012582
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/EndYearBalanceAmt0146485
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0-2563
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IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/EndYearBalanceAmt0136466
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0-2239
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IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/EndYearBalanceAmt0138705
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0-2500
IRS990ScheduleD/DonatedServicesAndUseFcltsAmt044612
IRS990ScheduleD/DonatedServicesUseFcltsAmt044612
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IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt0299836
IRS990ScheduleD/FootnoteTextInd0X
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IRS990ScheduleD/PrmnntEndowmentBalanceEOYPct00.28640
IRS990ScheduleD/RevenueNotReportedAmt043824
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt0306047
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0NO PROVISION HAS BEEN MADE FOR INCOME TAXES SINCE THE LIBRARY QUALIFIES AS A TAX-EXEMPT ORGANIZATION UNDER THE INTERNAL REVENUE CODE, SECTION 501(C)(3), AND ITS ACTIVITIES DO NOT RESULT IN ANY INCOME TAX LIABILITY. THE LIBRARY HAS BEEN CLASSIFIED AS A LIBRARY THAT IS NOT A PRIVATE FOUNDATION UNDER SECTION 509(A)(2). IN ACCORDANCE WITH THE SECTION OF THE FINANCIAL ACCOUNTING STANDARDS BOARD ACCOUNTING STANDARDS CODIFICATION REGARDING ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES, THE LIBRARY IS REQUIRED TO RECOGNIZE THE FINANCIAL STATEMENT EFFECTS OF A TAX POSITION IF IT IS MORE LIKELY THAN NOT THAT THE POSITION WILL NOT BE SUSTAINED UPON EXAMINATION. THE LIBRARY HAS NO UNCERTAIN TAX POSITIONS THAT QUALIFY FOR RECOGNITION IN THE FINANCIAL STATEMENTS. SINCE TAX MATTERS ARE SUBJECT TO SOME DEGREE OF UNCERTAINTY, THERE CAN BE NO ASSURANCE THAT THE LIBRARY'S TAX RETURNS WILL NOT BE CHALLENGED BY THE TAXING AUTHORITIES, AND THAT THE LIBRARY WILL NOT BE SUBJECT TO ADDITIONAL TAX PENALTIES AND INTEREST AS A RESULT OF SUCH CHALLENGE.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
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IRS990ScheduleD/TotalRevenuePerForm990Amt0306047
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IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE BOROUGH OF SWARTHMORE HAS THE RIGHT TO APPOINT UP TO TWO MEMBERS OF THE LIBRARY'S BOARD OF TRUSTEES. THIS RIGHT IS NOT CURRENTLY EXERCISED BY THE TOWNSHIP.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1FORM 990 IS REVIEWED BY ALL BOARD MEMBERS PRIOR TO FILING WITH IRS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE ORGANIZATION MAKES DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 7A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION C, LINE 19
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
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IRS990/TotalAssetsGrp/EOYAmt0534808
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt0285282
IRS990/TotalEmployeeCnt08
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt016743
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0283093
IRS990/TotalFunctionalExpensesGrp/TotalAmt0299836
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt00
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IRS990/TotalOtherCompensationAmt012356
IRS990/TotalProgramServiceExpensesAmt0283093
IRS990/TotalProgramServiceRevenueAmt010321
IRS990/TotalReportableCompFromOrgAmt051755
IRS990/TotalRevenueGrp/ExclusionAmt010444
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt010321
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0306047
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt030
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IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
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IRS990/USAddress/AddressLine1Txt0121 PARK AVENUE
IRS990/USAddress/CityNm0SWARTHMORE
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IRS990/VotingMembersIndependentCnt09
IRS990/WebsiteAddressTxt0WWW.SWARTHMOREPUBLICLIBRARY.ORG/
IRS990/WhistleblowerPolicyInd01
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1

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