Civic Intelligence

Pittston Memorial Library

990 • Fiscal year 2018 • EIN 23-2126317

Jan 01, 2018 to Dec 31, 2018 • Filed on Sep 16, 2019

47 Broad StreetPittston, PA 18640-2563

(570) 654-9565

Siviq Scores

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

Liabilities / Assets

63rd percentile

0.01x

Higher debt load relative to assets than 63% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Liabilities / Revenue

68th percentile

0.02x

Higher debt load relative to revenue than 68% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Net Margin

13th percentile

-27%

Higher net margin than 13% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Top Officer Pay

88th percentile

$35,999

Higher top officer pay than 88% of similar nonprofits.

Top officer pay equals 20.3% of source-year revenue.

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Asset Growth

25th percentile

-14%

Faster asset growth than 25% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Annualized from 2017 to 2018

Revenue Growth

19th percentile

-27%

Faster revenue growth than 19% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Annualized from 2017 to 2018

Assets

Down

$300,111

Down $49,667 (-14%) from 2017

Net Assets

Down

$297,323

Down $47,273 (-14%) from 2017

Liabilities

Down

$2,788

Down $2,394 (-46%) from 2017

Revenue

Down

$177,121

Down $64,320 (-27%) from 2017

Expenses

Down

$224,394

Down $31,582 (-12%) from 2017

Net Income

Down

-$47,273

Down $32,738 (-225%) from 2017

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: $1,130,130Liabilities 2010: $2,271Net Assets 2010: $1,127,8592010Assets 2011: $1,051,877Liabilities 2011: $1,990Net Assets 2011: $1,049,8872011Assets 2012: $1,040,323Liabilities 2012: $2,087Net Assets 2012: $1,038,2362012Assets 2013: $1,106,222Liabilities 2013: $3,213Net Assets 2013: $1,103,0092013Assets 2014: $1,061,322Liabilities 2014: $3,085Net Assets 2014: $1,058,2372014Assets 2015: $1,004,195Liabilities 2015: $3,931Net Assets 2015: $1,000,2642015Assets 2016: $1,054,997Liabilities 2016: $4,377Net Assets 2016: $1,050,6202016Assets 2017: $349,778Liabilities 2017: $5,182Net Assets 2017: $344,5962017Assets 2018: $300,111Liabilities 2018: $2,788Net Assets 2018: $297,3232018Assets 2019: $403,571Liabilities 2019: $2,720Net Assets 2019: $400,8512019Assets 2020: $439,680Liabilities 2020: $1,874Net Assets 2020: $437,8062020Assets 2021: $490,078Liabilities 2021: $2,377Net Assets 2021: $487,7012021Assets 2022: $440,922Liabilities 2022: $3,306Net Assets 2022: $437,6162022Assets 2023: $455,454Liabilities 2023: $7,481Net Assets 2023: $447,9732023Assets 2024: $500,697Liabilities 2024: $3,477Net Assets 2024: $497,2202024

Highlighted filing

2018

Assets$300,111
Liabilities$2,788
Net Assets$297,323

Operations Trend

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

$400K$300K$200K$100K$0-$100KRevenue 2010: $162,345Expenses 2010: $187,992Net Income 2010: -$25,6472010Revenue 2011: $219,958Expenses 2011: $286,925Net Income 2011: -$66,9672011Revenue 2012: $291,703Expenses 2012: $326,432Net Income 2012: -$34,7292012Revenue 2013: $257,174Expenses 2013: $239,228Net Income 2013: $17,9462013Revenue 2014: $219,926Expenses 2014: $241,830Net Income 2014: -$21,9042014Revenue 2015: $201,565Expenses 2015: $259,538Net Income 2015: -$57,9732015Revenue 2016: $277,191Expenses 2016: $226,835Net Income 2016: $50,3562016Revenue 2017: $241,441Expenses 2017: $255,976Net Income 2017: -$14,5352017Revenue 2018: $177,121Expenses 2018: $224,394Net Income 2018: -$47,2732018Revenue 2019: $325,410Expenses 2019: $221,985Net Income 2019: $103,4252019Revenue 2020: $276,373Expenses 2020: $186,748Net Income 2020: $89,6252020Revenue 2021: $240,523Expenses 2021: $148,220Net Income 2021: $92,3032021Revenue 2022: $155,658Expenses 2022: $205,743Net Income 2022: -$50,0852022Revenue 2023: $239,932Expenses 2023: $229,574Net Income 2023: $10,3582023Revenue 2024: $280,790Expenses 2024: $230,776Net Income 2024: $50,0142024

Highlighted filing

2018

Revenue$177,121
Expenses$224,394
Net Income-$47,273
Jump To
Filing Snapshot
Filing Period
Jan 1, 2018 to Dec 31, 2018
Signed
Sep 16, 2019
Return Version
2018v3.0
Gross Receipts
$197,306
Mission and Program Overview

Mission

Organization provides & maintains a public library facility for advancementof the educational interests of the residents of pittston

The organization provides & maintains a public library facility for the advancement of the educational interests of the residents of pittston

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$262,740$243,914▼ $18,826
Cash and Non-Interest-Bearing Accounts$87,038$56,197▼ $30,841
Total Assets$349,778$300,111▼ $49,667
Liabilities
Accounts Payable and Accrued Expenses$5,182$2,788▼ $2,394
Total Liabilities$5,182$2,788▼ $2,394
Net Assets / Fund Balance
Unrestricted Net Assets$315,313$277,291▼ $38,022
Temporarily Rstr Net Assets$29,283$20,032▼ $9,251
Total Net Assets Fund Balance$344,596$297,323▼ $47,273
Total Liabilities and Net Assets / Fund Balance$349,778$300,111▼ $49,667
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Patricia JoyceLibrary DirectFT$35,999$35,999
Courtney LomaxComptrollerPT$3,000$3,000

Board Members and Trustees

NameTitle
Lois OstrowskiPresident
Marla PupaVice President
Clair HoppleDirector
Lisa JoyceDirector
Mike LombardoDirector
Mp ScarantinoDirector
Jenny LongTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$135,049
Program Service Revenue
$0
Investment Income
$-12,586
Other Revenue
$54,658
All Other Contributions
$135,049
Change in Net Assets
$-47,273
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$118,867
Other Expenses$90,942
Total Fundraising Expense$21,297
Professional Fundraising Fees$14,585
Grants and Similar Amounts Paid$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$69,241$1,241-$70,482
Comp Disqual Persons$21,599$10,800$3,600$35,999
Occupancy$19,911$5,309$1,327$26,547
Fees for Services Professional Fundraising--$14,585$14,585
Payroll Taxes$10,566$1,401$419$12,386
Office Expenses$1,636$6,135$409$8,180
Fees for Services Accounting$871$5,796-$6,667
Insurance$1,229$164$48$1,441
Travel-$840$198$1,038
Other Expenses$214$709$61$984
Total Functional Expenses$168,100$34,997$21,297$224,394
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
Yes

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$64,579
Fundraising Direct Expenses$20,185
Professional Fundraising Fees$14,585

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Yates Dinner$12,615$12,615-$12,615
Annual Campa$8,551$8,551-$8,551
Total Events$64,579$64,579$20,185$44,394
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Audit committee
Yes
Backup withholding compliance
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
Yes
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 Section B Line 11-B

Form 990 is available for inspection at the library offices prior to filing

Part VI Section B Lines 15 A & B

Actions performed at formal board meetings are documented in the boards formal minutes

Part VI Section C Line 19

All of the library's governing documents are available for inspection by request at the library's administrative office

Filing and Contact Details

Filer

Filer Name
Pittston Memorial Library
EIN
23-2126317
Phone
5706549565
Address
47 BROAD STREET, PITTSTON, PA 18640-2563

Signing Officer

Name
Lois Ostrowski
Title
President
Signed
2019-09-16
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Barbara Quinn
Formed
1951
Legal Domicile
Pa
Voting Board Members
7
Independent Board Members
7
Employees
11

Preparer

Firm
Ray Knaub & Company Pc
Address
308 WYOMING AVENUE, WYOMING, PA 18644
Preparer
Ray L Knaub Jr CPA
Phone
5706131000
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0FORM 990 IS AVAILABLE FOR INSPECTION AT THE LIBRARY OFFICES PRIOR TO FILING
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1ACTIONS PERFORMED AT FORMAL BOARD MEETINGS ARE DOCUMENTED IN THE BOARDS FORMAL MINUTES
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2ALL OF THE LIBRARY'S GOVERNING DOCUMENTS ARE AVAILABLE FOR INSPECTION BY REQUEST AT THE LIBRARY'S ADMINISTRATIVE OFFICE
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0PART VI SECTION B LINE 11-B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1PART VI SECTION B LINES 15 A & B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2PART VI SECTION C LINE 19
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IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0168100
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IRS990/TotalGrossUBIAmt00
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IRS990/TotalRevenueGrp/ExclusionAmt044394
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0-2322
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IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0300111
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IRS990/TravelGrp/ManagementAndGeneralAmt0840
IRS990/TravelGrp/TotalAmt01038
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IRS990/TypeOfOrganizationCorpInd0X
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IRS990/UnrestrictedNetAssetsGrp/BOYAmt0315313
IRS990/UnrestrictedNetAssetsGrp/EOYAmt0277291
IRS990/UponRequestInd0X
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IRS990/USAddress/CityNm0PITTSTON
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IRS990/VotingMembersGoverningBodyCnt07
IRS990/VotingMembersIndependentCnt07
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02019-02-21 02:37:17Z
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ReturnHeader/BusinessOfficerGrp/PersonNm0LOIS OSTROWSKI
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ReturnHeader/BusinessOfficerGrp/SignatureDt02019-09-16
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ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0205598158

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.50$0.00$0.50$0.28$0.23$0.05
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.46$0.01$0.45$0.24$0.23$0.01
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.44$0.00$0.44$0.16$0.21$0.05
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.49$0.00$0.49$0.24$0.15$0.09
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.44$0.00$0.44$0.28$0.19$0.09
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.40$0.00$0.40$0.33$0.22$0.10
2018Detailed filing. Detailed filing data is available for this year.$0.30$0.00$0.30$0.18$0.22$0.05
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.35$0.01$0.34$0.24$0.26$0.01
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.05$0.00$1.05$0.28$0.23$0.05
2015Detailed filing. Detailed filing data is available for this year.$1.00$0.00$1.00$0.20$0.26$0.06
2014Detailed filing. Detailed filing data is available for this year.$1.06$0.00$1.06$0.22$0.24$0.02
2013XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.11$0.00$1.10$0.26$0.24$0.02
2012Summary only. Only limited summary data is available for this year.$1.04$0.00$1.04$0.29$0.33$0.03
2011Summary only. Only limited summary data is available for this year.$1.05$0.00$1.05$0.22$0.29$0.07
2010Summary only. Only limited summary data is available for this year.$1.13$0.00$1.13$0.16$0.19$0.03