Civic Intelligence

Fallsington Library Co

990 • Fiscal year 2020 • EIN 23-1606114

Jan 01, 2020 to Dec 31, 2020 • Filed on May 11, 2021

139 Yardley AvenueFallsington, PA 19054-1118

(215) 295-4449

Siviq Scores

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

Liabilities / Assets

38th percentile

0.01x

Higher debt load relative to assets than 38% of similar nonprofits.

2020 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2020

Liabilities / Revenue

57th percentile

0.10x

Higher debt load relative to revenue than 57% of similar nonprofits.

2020 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2020

Net Margin

69th percentile

18%

Higher net margin than 69% of similar nonprofits.

2020 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2020

Top Officer Pay

57th percentile

$23,749

Higher top officer pay than 57% of similar nonprofits.

Top officer pay equals 26.5% of source-year revenue.

2020 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2020

Asset Growth

40th percentile

2.0%

Faster asset growth than 40% of similar nonprofits.

2020 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2019 to 2020

Revenue Growth

36th percentile

-11%

Faster revenue growth than 36% of similar nonprofits.

2020 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2019 to 2020

Assets

Up

$960,284

Up $19,284 (+2.0%) from 2019

Net Assets

Up

$951,374

Up $13,898 (+1.5%) from 2019

Liabilities

Up

$8,910

Up $5,386 (+153%) from 2019

Revenue

Down

$89,557

Down $11,374 (-11%) from 2019

Expenses

Up

$73,102

Up $241 (+0.3%) from 2019

Net Income

Down

$16,455

Down $11,615 (-41%) from 2019

Historical Trend

Balance Sheet Trend

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

$1.5M$1.0M$500K$0Assets 2010: $836,522Liabilities 2010: $915Net Assets 2010: $835,6072010Assets 2011: $818,742Liabilities 2011: $668Net Assets 2011: $818,0742011Assets 2012: $827,573Liabilities 2012: $427Net Assets 2012: $827,1462012Assets 2013: $844,032Liabilities 2013: $637Net Assets 2013: $843,3952013Assets 2014: $854,962Liabilities 2014: $517Net Assets 2014: $854,4452014Assets 2015: $868,463Liabilities 2015: $1,739Net Assets 2015: $866,7242015Assets 2016: $883,868Liabilities 2016: $3,354Net Assets 2016: $880,5142016Assets 2017: $903,654Liabilities 2017: $3,087Net Assets 2017: $900,5672017Assets 2018: $899,322Liabilities 2018: $3,799Net Assets 2018: $895,5232018Assets 2019: $941,000Liabilities 2019: $3,524Net Assets 2019: $937,4762019Assets 2020: $960,284Liabilities 2020: $8,910Net Assets 2020: $951,3742020Assets 2021: $985,858Liabilities 2021: $544Net Assets 2021: $985,3142021Assets 2022: $984,832Liabilities 2022: $604Net Assets 2022: $984,2282022Assets 2023: $1,000,835Liabilities 2023: $213Net Assets 2023: $1,000,6222023Assets 2024: $1,052,521Liabilities 2024: $429Net Assets 2024: $1,052,0922024

Highlighted filing

2020

Assets$960,284
Liabilities$8,910
Net Assets$951,374

Operations Trend

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

$150K$100K$50K$0Expenses 2010: $59,9412010Expenses 2011: $68,4412011Expenses 2012: $53,9722012Revenue 2013: $55,079Expenses 2013: $50,123Net Income 2013: $4,9562013Revenue 2014: $53,830Expenses 2014: $45,478Net Income 2014: $8,3522014Revenue 2015: $73,042Expenses 2015: $54,034Net Income 2015: $19,0082015Revenue 2016: $56,174Expenses 2016: $52,468Net Income 2016: $3,7062016Revenue 2017: $75,416Expenses 2017: $58,905Net Income 2017: $16,5112017Revenue 2018: $69,860Expenses 2018: $61,188Net Income 2018: $8,6722018Revenue 2019: $100,931Expenses 2019: $72,861Net Income 2019: $28,0702019Revenue 2020: $89,557Expenses 2020: $73,102Net Income 2020: $16,4552020Revenue 2021: $105,236Expenses 2021: $84,444Net Income 2021: $20,7922021Revenue 2022: $109,005Expenses 2022: $89,380Net Income 2022: $19,6252022Revenue 2023: $112,036Expenses 2023: $104,057Net Income 2023: $7,9792023Revenue 2024: $144,966Expenses 2024: $101,415Net Income 2024: $43,5512024

Highlighted filing

2020

Revenue$89,557
Expenses$73,102
Net Income$16,455
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
May 11, 2021
Return Version
2020v4.0
Gross Receipts
$89,557
Mission and Program Overview

Mission

The purpose of the organization is to be a vital center of knowledge for all the people of The Village of Fallsington. We will be a leader in traditional and innovative library services, which reflect the dynamic spirit of our citizens. The mission of the Fallsington Library is to provide effective and efficient library services to meet our patrons' personal, professional, and lifelong learning needs.

Lending Library circulating books and other media

Balance Sheet Detail
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds$937,476$951,374▲ $13,898
Land, Buildings, and Equipment, Net$729,541$729,174▼ $367
Savings and Temporary Cash Investments$96,140$113,447▲ $17,307
Investments in Publicly Traded Securities$107,005$104,448▼ $2,557
Cash and Non-Interest-Bearing Accounts$7,119$12,471▲ $5,352
Prepaid Expenses and Deferred Charges$1,195$744▼ $451
Total Assets$941,000$960,284▲ $19,284
Liabilities
Unsecured Notes Loans Payable-$7,929-
Accounts Payable and Accrued Expenses$3,344$776▼ $2,568
Deferred Revenue-$205-
Tax Exempt Bond Liabilities$180--
Total Liabilities$3,524$8,910▲ $5,386
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$937,476$951,374▲ $13,898
Total Net Assets Fund Balance$937,476$951,374▲ $13,898
Total Liabilities and Net Assets / Fund Balance$941,000$960,284▲ $19,284

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$242,605--
Land$93,000--
Equipment$38,621$444-
Leasehold Improvements$354,948$2,948-
Compensation and Service Providers

Employees

NameTitleBaseTotal
Charlene RendeiroLibrary Director$23,749$23,749

Board Members and Trustees

NameTitle
Jody PendlePresident
Donna PetreccoBoard Member
Nancy CassidyBoard Member
Melanie Douty-snilesSecretary
R Neil VanceTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$84,414
Program Service Revenue
$1,071
Investment Income
$4,072
Other Revenue
$0
All Other Contributions
$6,882
Change in Net Assets
$16,455
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$43,302
Other Expenses$29,800
Total Fundraising Expense$346
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees$23,749--$23,749
Other Salaries and Wages$16,011--$16,011
Occupancy-$7,604-$7,604
Office Expenses$1,787$1,750$346$3,883
Payroll Taxes$3,542--$3,542
Insurance-$3,444-$3,444
Fees for Services Accounting-$2,760-$2,760
Other Expenses$538$1,991-$1,991
Depreciation Depletion$1,368--$1,368
Fees for Services Other-$11-$11
Total Functional Expenses$55,196$17,560$346$73,102
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
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
Backup withholding compliance
No
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
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Part VI Line 11B

No review was or will be conducted

Part VI Line 19

Prepares and annual report and mails it to potential donors.

Part VI Section C

Line 11b form 990 is prepared and reviewed by paid preparer

Part VI Section C

Using information provided by the treasurer. Copies are provided

Part VI Section C

To the board at a subsequent meeting.

Part VI Section C

Line 19 form 990 is available to the public upon request with

Part VI Section C

REASON FOR NEED.

Filing and Contact Details

Filer

Filer Name
Fallsington Library Co
EIN
23-1606114
In Care Of
% R Neil Vance
Phone
2152954449
Address
139 YARDLEY AVENUE, FALLSINGTON, PA 19054-1118

Signing Officer

Name
R Neil Vance
Title
Treasurer
Phone
2152954449
Signed
2021-05-11
Discuss with paid preparer
Yes

Organization Details

Principal Officer
R Neil Vance
Formed
1900
Legal Domicile
Pa
Voting Board Members
5
Independent Board Members
5
Employees
7
Volunteers
30

Preparer

Firm
The Kunsman Corporation Inc
Address
PO Box 1173, Easton, PA 18044-1173
Preparer
David L Kunsman
Phone
6104381345
Supplemental Narrative

Additional Explanations

Page 1 Section L

States the library was formed in 1900 due to that being the

Page 1 Section L

Earliest date the system will accept, however the library was

Page 1 Section L

FORMED IN 1802.

Financial Statement Notes

P4, Ln 2

Part vi - hisorically, the library has not depreciated

P4, Ln 2

Property. However, all property acquired 2018 and later

P4, Ln 2

WILL BE DEPRECIATED.

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This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt080627
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt052059
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt057999
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt050678
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0323245
IRS990ScheduleA/TotalSupportAmt0354515
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IRS990ScheduleD/AgentTrusteeEtcInd0false
IRS990ScheduleD/BuildingsGrp/BookValueAmt0242605
IRS990ScheduleD/BuildingsGrp/InvestmentCostOrOtherBasisAmt0242605
IRS990ScheduleD/DisclosedForCharitablePrpsInd0false
IRS990ScheduleD/DisclosedOrgLegCtrlInd0false
IRS990ScheduleD/EquipmentGrp/BookValueAmt038621
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0444
IRS990ScheduleD/EquipmentGrp/InvestmentCostOrOtherBasisAmt039065
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IRS990ScheduleD/LandGrp/BookValueAmt093000
IRS990ScheduleD/LandGrp/InvestmentCostOrOtherBasisAmt093000
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IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt02948
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IRS990ScheduleD/SolicitedAssetsSaleInd0false
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0PART VI - HISORICALLY, THE LIBRARY HAS NOT DEPRECIATED
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1PROPERTY. HOWEVER, ALL PROPERTY ACQUIRED 2018 AND LATER
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt2WILL BE DEPRECIATED.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0P4, Ln 2
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1P4, Ln 2
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc2P4, Ln 2
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IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0No review was or will be conducted
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Prepares and annual report and mails it to potential donors.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2LINE 11B FORM 990 IS PREPARED AND REVIEWED BY PAID PREPARER
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3USING INFORMATION PROVIDED BY THE TREASURER. COPIES ARE PROVIDED
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4TO THE BOARD AT A SUBSEQUENT MEETING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5LINE 19 FORM 990 IS AVAILABLE TO THE PUBLIC UPON REQUEST WITH
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6REASON FOR NEED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7STATES THE LIBRARY WAS FORMED IN 1900 DUE TO THAT BEING THE
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8EARLIEST DATE THE SYSTEM WILL ACCEPT, HOWEVER THE LIBRARY WAS
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt9FORMED IN 1802.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Part VI Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Part VI Line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2PART VI SECTION C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3PART VI SECTION C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4PART VI SECTION C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5PART VI SECTION C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6PART VI SECTION C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7PAGE 1 SECTION L
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8PAGE 1 SECTION L
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc9PAGE 1 SECTION L
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IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondLiabilitiesGrp/BOYAmt0180
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0941000
IRS990/TotalAssetsEOYAmt0960284
IRS990/TotalAssetsGrp/BOYAmt0941000
IRS990/TotalAssetsGrp/EOYAmt0960284
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt084414
IRS990/TotalEmployeeCnt07
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt0346
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt017560
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt055196
IRS990/TotalFunctionalExpensesGrp/TotalAmt073102
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt03524
IRS990/TotalLiabilitiesEOYAmt08910
IRS990/TotalLiabilitiesGrp/BOYAmt03524
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IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0937476
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0951374
IRS990/TotalProgramServiceExpensesAmt055196
IRS990/TotalProgramServiceRevenueAmt01071
IRS990/TotalReportableCompFromOrgAmt023749
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt05143
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt089557
IRS990/TotalVolunteersCnt030
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0941000
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0960284
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IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnsecuredNotesLoansPayableGrp/EOYAmt07929
IRS990/USAddress/AddressLine1Txt0139 Yardley Avenue
IRS990/USAddress/CityNm0Levittown
IRS990/USAddress/StateAbbreviationCd0PA
IRS990/USAddress/ZIPCd019054
IRS990/VotingMembersGoverningBodyCnt05
IRS990/VotingMembersIndependentCnt05
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ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd00
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0R NEIL VANCE
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Treasurer
ReturnHeader/BusinessOfficerGrp/PhoneNum02152954449
ReturnHeader/BusinessOfficerGrp/SignatureDt02021-05-11
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0FALLSINGTON LIBRARY CO
ReturnHeader/Filer/BusinessNameControlTxt0FALL
ReturnHeader/Filer/EIN0231606114
ReturnHeader/Filer/InCareOfNm0% R Neil Vance
ReturnHeader/Filer/PhoneNum02152954449
ReturnHeader/Filer/USAddress/AddressLine1Txt0139 YARDLEY AVENUE
ReturnHeader/Filer/USAddress/CityNm0FALLSINGTON
ReturnHeader/Filer/USAddress/StateAbbreviationCd0PA
ReturnHeader/Filer/USAddress/ZIPCd0190541118
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0232190499
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0The Kunsman Corporation Inc
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0PO Box 1173
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Easton
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0PA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0180441173
ReturnHeader/PreparerPersonGrp/PhoneNum06104381345
ReturnHeader/PreparerPersonGrp/PreparationDt02021-05-11
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0DAVID L KUNSMAN
ReturnHeader/ReturnTs02021-05-11T09:14:48-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0R NEIL
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0VANCE
ReturnHeader/TaxPeriodBeginDt02020-01-01
ReturnHeader/TaxPeriodEndDt02020-12-31
ReturnHeader/TaxYr02020

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$1.05$0.00$1.05$0.14$0.10$0.04
2023Detailed filing. Detailed filing data is available for this year.$1.00$0.00$1.00$0.11$0.10$0.01
2022Detailed filing. Detailed filing data is available for this year.$0.98$0.00$0.98$0.11$0.09$0.02
2021Detailed filing. Detailed filing data is available for this year.$0.99$0.00$0.99$0.11$0.08$0.02
2020Detailed filing. Detailed filing data is available for this year.$0.96$0.01$0.95$0.09$0.07$0.02
2019Summary only. Only limited summary data is available for this year.$0.94$0.00$0.94$0.10$0.07$0.03
2018Summary only. Only limited summary data is available for this year.$0.90$0.00$0.90$0.07$0.06$0.01
2017Summary only. Only limited summary data is available for this year.$0.90$0.00$0.90$0.08$0.06$0.02
2016Summary only. Only limited summary data is available for this year.$0.88$0.00$0.88$0.06$0.05$0.00
2015Summary only. Only limited summary data is available for this year.$0.87$0.00$0.87$0.07$0.05$0.02
2014Detailed filing. Detailed filing data is available for this year.$0.85$0.00$0.85$0.05$0.05$0.01
2013Detailed filing. Detailed filing data is available for this year.$0.84$0.00$0.84$0.06$0.05$0.00
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.83$0.00$0.83$0.05
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.82$0.00$0.82$0.07
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.84$0.00$0.84$0.06