Civic Intelligence

Southampton Free Library

990 • Fiscal year 2013 • EIN 23-1676257

Jan 01, 2013 to Dec 31, 2013 • Filed on Jul 23, 2014

947 Street Road18966

(215) 322-1415

Siviq Scores

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

Liabilities / Assets

24th percentile

0.00x

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

2013 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2013

Liabilities / Revenue

25th percentile

0.00x

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

2013 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2013

Net Margin

21st percentile

-9.6%

Higher net margin than 21% of similar nonprofits.

2013 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2013

Top Officer Pay

79th percentile

$67,809

Higher top officer pay than 79% of similar nonprofits.

Top officer pay equals 10.0% of source-year revenue.

2013 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2013

Asset Growth

55th percentile

3.9%

Faster asset growth than 55% of similar nonprofits.

2013 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2012 to 2013

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2013

Assets

Up

$595,936

Up $22,098 (+3.9%) from 2012

Net Assets

Up

$595,936

Up $22,098 (+3.9%) from 2012

Liabilities

Flat

$0

Flat from 2012

Revenue

$674,725

No earlier filing loaded for comparison.

Expenses

Up

$739,164

Up $135,430 (+22%) from 2012

Net Income

-$64,439

No earlier filing loaded for comparison.

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: $512,886Liabilities 2010: $0Net Assets 2010: $512,8862010Assets 2011: $528,412Liabilities 2011: $0Net Assets 2011: $528,4122011Assets 2012: $573,838Liabilities 2012: $0Net Assets 2012: $573,8382012Assets 2013: $595,936Liabilities 2013: $0Net Assets 2013: $595,9362013Assets 2014: $639,946Liabilities 2014: $0Net Assets 2014: $639,9462014Assets 2015: $686,975Liabilities 2015: $0Net Assets 2015: $686,9752015Assets 2016: $806,620Liabilities 2016: $0Net Assets 2016: $806,6202016Assets 2017: $938,990Liabilities 2017: $0Net Assets 2017: $938,9902017Assets 2018: $719,092Liabilities 2018: $0Net Assets 2018: $719,0922018Assets 2019: $689,937Liabilities 2019: $0Net Assets 2019: $689,9372019Assets 2020: $897,296Liabilities 2020: $0Net Assets 2020: $897,2962020Assets 2021: $1,084,548Liabilities 2021: $0Net Assets 2021: $1,084,5482021Assets 2022: $917,012Liabilities 2022: $0Net Assets 2022: $917,0122022Assets 2023: $1,040,971Liabilities 2023: $0Net Assets 2023: $1,040,9712023Assets 2024: $1,196,951Liabilities 2024: $0Net Assets 2024: $1,196,9512024

Highlighted filing

2013

Assets$595,936
Liabilities$0
Net Assets$595,936

Operations Trend

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

$1.5M$1.0M$500K$0-$500KExpenses 2010: $537,4482010Expenses 2011: $560,8992011Expenses 2012: $603,7342012Revenue 2013: $674,725Expenses 2013: $739,164Net Income 2013: -$64,4392013Revenue 2014: $660,199Expenses 2014: $658,108Net Income 2014: $2,0912014Revenue 2015: $708,398Expenses 2015: $635,272Net Income 2015: $73,1262015Revenue 2016: $700,275Expenses 2016: $644,110Net Income 2016: $56,1652016Revenue 2017: $718,752Expenses 2017: $660,717Net Income 2017: $58,0352017Revenue 2018: $898,438Expenses 2018: $1,067,790Net Income 2018: -$169,3522018Revenue 2019: $682,095Expenses 2019: $815,911Net Income 2019: -$133,8162019Revenue 2020: $779,463Expenses 2020: $641,348Net Income 2020: $138,1152020Revenue 2021: $676,851Expenses 2021: $631,882Net Income 2021: $44,9692021Revenue 2022: $705,316Expenses 2022: $717,454Net Income 2022: -$12,1382022Revenue 2023: $702,101Expenses 2023: $720,702Net Income 2023: -$18,6012023Revenue 2024: $758,674Expenses 2024: $724,764Net Income 2024: $33,9102024

Highlighted filing

2013

Revenue$674,725
Expenses$739,164
Net Income-$64,439
Jump To
Filing Snapshot
Filing Period
Jan 1, 2013 to Dec 31, 2013
Signed
Jul 23, 2014
Return Version
2013v3.1
Gross Receipts
$675,709
Mission and Program Overview

Mission

To offer free and equal access to all forms of resources providing information, education, enjoyment and personal enrichment to the residents of upper southampton township.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$410,554$508,325▲ $97,771
Savings and Temporary Cash Investments$136,103$49,137▼ $86,966
Cash and Non-Interest-Bearing Accounts$27,181$38,474▲ $11,293
Total Assets$573,838$595,936▲ $22,098
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Unrestricted Net Assets$569,528$590,141▲ $20,613
Permanently Rstr Net Assets$4,310$5,795▲ $1,485
Total Net Assets Fund Balance$573,838$595,936▲ $22,098
Total Liabilities and Net Assets / Fund Balance$573,838$595,936▲ $22,098

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2013$335,030-▲ $73,362$35,183$373,209
2012$300,335-▲ $34,790$95$335,030
2011$295,576-▲ $7,585$2,826$300,335
2010$323,522-▲ $28,166$20,067$331,621
2009$276,781-▲ $44,264-$323,522
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Kim IngramDirectorFT$63,399$4,410$67,809

Board Members and Trustees

NameTitle
Bunny RiehlPresident
Lorraine RiceTrustee
Peter LawtonTrustee
Ray GreenbergTrustee
Christine Bailey AlffSecretary
Marie BrindisiTreasurer
Darlene StarrVice Preside
Revenue and Support

Revenue Composition

Contributions and Grants
$623,401
Program Service Revenue
$32,248
Investment Income
$11,815
Other Revenue
$7,261
All Other Contributions
$27,381
Change in Net Assets
$-64,439

Audited Revenue Reconciliation

Revenue per Audited Statements
$674,725
Revenue Not Reported on Form 990
$86,537
Total Revenue per Audited Statements
$761,262
Total Revenue per Form 990
$674,725
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$425,405
Other Expenses$268,509
Total Fundraising Expense$46,593
Professional Fundraising Fees$45,250
Grants and Similar Amounts Paid$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$271,898--$271,898
Occupancy$48,463$99,486-$147,949
Office Expenses$82,818$724$815$84,357
Current Officers, Directors, Trustees, and Key Employees$40,685$27,124-$67,809
Other Employee Benefits$46,086--$46,086
Fees for Services Professional Fundraising--$45,250$45,250
Payroll Taxes$25,646--$25,646
Pension Plan Contributions$13,966--$13,966
Insurance-$9,587-$9,587
Information Technology$4,230-$528$4,758
Fees for Services Other-$3,567-$3,567
Fees for Services Accounting-$2,498-$2,498
Conferences and Meetings-$557-$557
Travel-$255-$255
Advertising-$250-$250
Other Expenses$190$2,751-$190
Total Functional Expenses$545,772$146,799$46,593$739,164

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$739,164
Total Expenses per Audited Statements$739,164
Total Expenses per Form 990$739,164
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
Yes

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$45,250
Fundraising Gross Income$6,687
Fundraising Direct Expenses$984
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
Audit committee
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
Yes
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
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

Form 990, Page 6, Part VI, Line 4

The organization established new exam proctoring and capital campaign gift policies. It also updated wording on the personnel and community room usage policies and the organization's by-laws.

Form 990, Page 6, Part VI, Line 11B

The form 990 is presented to the entire board for review prior to submission.

Form 990, Page 6, Part VI, Line 15A

Officer salaries are reviewed annually by the board based on performance evaluations. Employees are usually given the same percentage raise as the township employees.

Form 990, Page 6, Part VI, Line 19

AVAILABLE UPON REQUEST

Filing and Contact Details

Filer

EIN
23-1676257
Phone
2153221415

Signing Officer

Name
Kim Ingram
Title
Library Director
Phone
2153221415
Signed
2014-07-23
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Kim Ingram
Formed
1921
Legal Domicile
Pa
Voting Board Members
7
Independent Board Members
7
Employees
19
Volunteers
31

Preparer

Preparer
Cynthia R Bergvall CPA
Phone
2153432727
Supplemental Narrative

Financial Statement Notes

Schedule D, Page 2, Part V, Line 4

The permanent endowment's interest and dividends is to be used for children's books. The board designated endowments' income can be used to fund the programs and operations of the library as the board of directors shall direct.

Schedule D, Page 3, Part X

The library is exempt from federal income tax under section 501(c)(3) of the internal revenue code. No current tax obligation exists on the federal or state level. Additionally, the library has been classified as a library that is not a private foundation under section 509(a)(2). As required by the fasb accounting standards codification, entities are required to determine whether it is more likely than not that a tax position will be sustained upon examination by the appropriate taxing authorities before any part of the benefit can be recorded in the financial statements. It also provides guidance on the recognition, measurement, and classification of income tax uncertainties, along with any related interest or penalties. This standard had no impact on the organization's financial statements. The library's federal tax return is subject to audit by taxing authorities. The library's returns open audit periods are for the years ending december 31, 2010 - 2012.

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IRS990ScheduleA/Form990ScheduleAPartIVGrp/ExplanationTxt0MISCELLANEOUS 5,827 SPECIAL EVENTS 65,898
IRS990ScheduleA/Form990ScheduleAPartIVGrp/FormAndLineReferenceDesc0PART II, LINE 10
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IRS990ScheduleD/NetUnrealizedGainsInvstAmt086537
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IRS990ScheduleD/RevenueSubtotalAmt0674725
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE PERMANENT ENDOWMENT'S INTEREST AND DIVIDENDS IS TO BE USED FOR CHILDREN'S BOOKS. THE BOARD DESIGNATED ENDOWMENTS' INCOME CAN BE USED TO FUND THE PROGRAMS AND OPERATIONS OF THE LIBRARY AS THE BOARD OF DIRECTORS SHALL DIRECT.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1THE LIBRARY IS EXEMPT FROM FEDERAL INCOME TAX UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. NO CURRENT TAX OBLIGATION EXISTS ON THE FEDERAL OR STATE LEVEL. ADDITIONALLY, THE LIBRARY HAS BEEN CLASSIFIED AS A LIBRARY THAT IS NOT A PRIVATE FOUNDATION UNDER SECTION 509(A)(2). AS REQUIRED BY THE FASB ACCOUNTING STANDARDS CODIFICATION, ENTITIES ARE REQUIRED TO DETERMINE WHETHER IT IS MORE LIKELY THAN NOT THAT A TAX POSITION WILL BE SUSTAINED UPON EXAMINATION BY THE APPROPRIATE TAXING AUTHORITIES BEFORE ANY PART OF THE BENEFIT CAN BE RECORDED IN THE FINANCIAL STATEMENTS. IT ALSO PROVIDES GUIDANCE ON THE RECOGNITION, MEASUREMENT, AND CLASSIFICATION OF INCOME TAX UNCERTAINTIES, ALONG WITH ANY RELATED INTEREST OR PENALTIES. THIS STANDARD HAD NO IMPACT ON THE ORGANIZATION'S FINANCIAL STATEMENTS. THE LIBRARY'S FEDERAL TAX RETURN IS SUBJECT TO AUDIT BY TAXING AUTHORITIES. THE LIBRARY'S RETURNS OPEN AUDIT PERIODS ARE FOR THE YEARS ENDING DECEMBER 31, 2010 - 2012.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE D, PAGE 2, PART V, LINE 4
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1SCHEDULE D, PAGE 3, PART X
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IRS990ScheduleG/FundraiserActivityInfoGrp/USAddress/AddressLine102300 COMPUTER AVENUE
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IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION ESTABLISHED NEW EXAM PROCTORING AND CAPITAL CAMPAIGN GIFT POLICIES. IT ALSO UPDATED WORDING ON THE PERSONNEL AND COMMUNITY ROOM USAGE POLICIES AND THE ORGANIZATION'S BY-LAWS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE FORM 990 IS PRESENTED TO THE ENTIRE BOARD FOR REVIEW PRIOR TO SUBMISSION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2OFFICER SALARIES ARE REVIEWED ANNUALLY BY THE BOARD BASED ON PERFORMANCE EVALUATIONS. EMPLOYEES ARE USUALLY GIVEN THE SAME PERCENTAGE RAISE AS THE TOWNSHIP EMPLOYEES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3AVAILABLE UPON REQUEST
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 6, PART VI, LINE 4
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 19
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IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0545772
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IRS990/TotalLiabilitiesGrp/BOYAmt00
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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.$1.20$0.00$1.20$0.76$0.72$0.03
2023Detailed filing. Detailed filing data is available for this year.$1.04$0.00$1.04$0.70$0.72$0.02
2022Detailed filing. Detailed filing data is available for this year.$0.92$0.00$0.92$0.71$0.72$0.01
2021Detailed filing. Detailed filing data is available for this year.$1.08$0.00$1.08$0.68$0.63$0.04
2020Detailed filing. Detailed filing data is available for this year.$0.90$0.00$0.90$0.78$0.64$0.14
2019Detailed filing. Detailed filing data is available for this year.$0.69$0.00$0.69$0.68$0.82$0.13
2018Detailed filing. Detailed filing data is available for this year.$0.72$0.00$0.72$0.90$1.07$0.17
2017Detailed filing. Detailed filing data is available for this year.$0.94$0.00$0.94$0.72$0.66$0.06
2016Detailed filing. Detailed filing data is available for this year.$0.81$0.00$0.81$0.70$0.64$0.06
2015Detailed filing. Detailed filing data is available for this year.$0.69$0.00$0.69$0.71$0.64$0.07
2014Detailed filing. Detailed filing data is available for this year.$0.64$0.00$0.64$0.66$0.66$0.00
2013Detailed filing. Detailed filing data is available for this year.$0.60$0.00$0.60$0.67$0.74$0.06
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.57$0.00$0.57$0.60
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.53$0.00$0.53$0.56
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.51$0.00$0.51$0.54
Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 2013 filings • 501(c)3 • $500k-$1M nonprofits