Civic Intelligence

Southampton Free Library

990 • Fiscal year 2016 • EIN 23-1676257

Jan 01, 2016 to Dec 31, 2016 • Filed on Jun 15, 2017

947 Street RoadSouthampton, PA 18966

(215) 322-1415

Siviq Scores

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

Liabilities / Assets

26th percentile

0.00x

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

2016 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2016

Liabilities / Revenue

26th percentile

0.00x

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

2016 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2016

Net Margin

62nd percentile

8.0%

Higher net margin than 62% of similar nonprofits.

2016 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2016

Top Officer Pay

81st percentile

$78,447

Higher top officer pay than 81% of similar nonprofits.

Top officer pay equals 11.2% of source-year revenue.

2016 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2016

Asset Growth

77th percentile

17%

Faster asset growth than 77% of similar nonprofits.

2016 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2015 to 2016

Revenue Growth

40th percentile

-1.1%

Faster revenue growth than 40% of similar nonprofits.

2016 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2015 to 2016

Assets

Up

$806,620

Up $119,645 (+17%) from 2015

Net Assets

Up

$806,620

Up $119,645 (+17%) from 2015

Liabilities

Flat

$0

Flat from 2015

Revenue

Down

$700,275

Down $8,123 (-1.1%) from 2015

Expenses

Up

$644,110

Up $8,838 (+1.4%) from 2015

Net Income

Down

$56,165

Down $16,961 (-23%) from 2015

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

2016

Assets$806,620
Liabilities$0
Net Assets$806,620

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

2016

Revenue$700,275
Expenses$644,110
Net Income$56,165
Jump To
Filing Snapshot
Filing Period
Jan 1, 2016 to Dec 31, 2016
Signed
Jun 15, 2017
Return Version
2016v3.0
Gross Receipts
$700,275
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$575,873$642,803▲ $66,930
Savings and Temporary Cash Investments$86,303$126,277▲ $39,974
Cash and Non-Interest-Bearing Accounts$24,799$37,540▲ $12,741
Total Assets$686,975$806,620▲ $119,645
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Unrestricted Net Assets$669,036$786,697▲ $117,661
Permanently Rstr Net Assets$17,939$19,923▲ $1,984
Total Net Assets Fund Balance$686,975$806,620▲ $119,645
Total Liabilities and Net Assets / Fund Balance$686,975$806,620▲ $119,645

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2016$410,258-▲ $48,539$-898$457,899
2015$397,799$11,430▲ $1,281$-252$410,258
2014$373,209-▲ $39,706$-15,116$397,799
2013$335,030-▲ $73,362$-35,183$373,209
2012$300,335-▲ $34,790$-95$335,030
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Kim IngramDirectorFT$68,994$9,453$78,447

Board Members and Trustees

NameTitle
Andrea WoodringPresident
Debbie SilverTrustee
Mary RogersTrustee
Peter LawtonSecretary
Darlene StarrTreasurer
Ray GreenbergVice Preside
Revenue and Support

Revenue Composition

Contributions and Grants
$646,492
Program Service Revenue
$33,661
Investment Income
$19,601
Other Revenue
$521
All Other Contributions
$65,732
Change in Net Assets
$56,165

Audited Revenue Reconciliation

Revenue per Audited Statements
$700,275
Revenue Not Reported on Form 990
$47,473
Total Revenue per Audited Statements
$747,748
Total Revenue per Form 990
$700,275
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$437,892
Other Expenses$191,781
Total Fundraising Expense$24,974
Professional Fundraising Fees$14,437
Grants and Similar Amounts Paid$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$265,231--$265,231
Current Officers, Directors, Trustees, and Key Employees$47,068$27,456$3,923$78,447
Other Employee Benefits$47,663--$47,663
Occupancy$44,756--$44,756
Payroll Taxes$25,455--$25,455
Pension Plan Contributions$21,096--$21,096
Fees for Services Other$7,637$4,051$6,614$18,302
Office Expenses$9,003$6,060-$15,063
Fees for Services Professional Fundraising--$14,437$14,437
Information Technology$11,413--$11,413
Insurance-$11,401-$11,401
Fees for Services Accounting-$3,700-$3,700
Conferences and Meetings-$324-$324
Advertising-$293-$293
Other Expenses$269$4,539-$269
Travel-$143-$143
Total Functional Expenses$561,169$57,967$24,974$644,110

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$644,110
Total Expenses per Audited Statements$644,110
Total Expenses per Form 990$644,110
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$14,437
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
No
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 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

Filer Name
Southampton Free Library
EIN
23-1676257
Phone
2153221415
Address
947 STREET ROAD, SOUTHAMPTON, PA 18966

Signing Officer

Name
Kim Ingram
Title
Director
Phone
2153221415
Signed
2017-06-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Kim Ingram
Formed
1921
Legal Domicile
Pa
Voting Board Members
6
Independent Board Members
6
Employees
19
Volunteers
30

Preparer

Firm
Bee Bergvall & Co
Address
PO BOX 754, WARRINGTON, PA 18976-0754
Preparer
Cynthia R Bergvall CPA
Phone
2153432727
Supplemental Narrative

Additional Explanations

Form 990, Part XI

During the year, a prior period adjustment was made to adjust to correct contributions. As a result, beginning unrestricted net assets increased from 669,036 to 685,043.

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 director shall direct.

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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 DIRECTOR SHALL DIRECT.
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE FORM 990 IS PRESENTED TO THE ENTIRE BOARD FOR REVIEW PRIOR TO SUBMISSION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1OFFICER 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/ExplanationTxt2AVAILABLE UPON REQUEST
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3DURING THE YEAR, A PRIOR PERIOD ADJUSTMENT WAS MADE TO ADJUST TO CORRECT CONTRIBUTIONS. AS A RESULT, BEGINNING UNRESTRICTED NET ASSETS INCREASED FROM 669,036 TO 685,043.
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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