Civic Intelligence

Lower Merion Library Foundation

990 • Fiscal year 2013 • EIN 23-2813619

Jan 01, 2013 to Dec 31, 2013 • Filed on Nov 06, 2014

75 East Lancaster Avenue19003

(610) 645-6110

Siviq Scores

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

Liabilities / Assets

63rd percentile

0.02x

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

2013 filings • 501(c)3 • <$500k nonprofits • Source year 2013

Liabilities / Revenue

72nd percentile

0.03x

Higher debt load relative to revenue than 72% of similar nonprofits.

2013 filings • 501(c)3 • <$500k nonprofits • Source year 2013

Net Margin

3rd percentile

-155%

Higher net margin than 3% of similar nonprofits.

2013 filings • 501(c)3 • <$500k nonprofits • Source year 2013

Top Officer Pay

73rd percentile

$0

Higher top officer pay than 73% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2013 filings • 501(c)3 • <$500k nonprofits • Source year 2013

Asset Growth

10th percentile

-44%

Faster asset growth than 10% of similar nonprofits.

2013 filings • 501(c)3 • <$500k 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

Down

$352,599

Down $281,771 (-44%) from 2012

Net Assets

Down

$347,224

Down $282,146 (-45%) from 2012

Liabilities

Up

$5,375

Up $375 (+7.5%) from 2012

Revenue

$182,020

No earlier filing loaded for comparison.

Expenses

Down

$464,166

Down $6,510 (-1.4%) from 2012

Net Income

-$282,146

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: $1,121,984Liabilities 2010: $79,956Net Assets 2010: $1,042,0282010Assets 2011: $816,756Liabilities 2011: $6,629Net Assets 2011: $810,1272011Assets 2012: $634,370Liabilities 2012: $5,000Net Assets 2012: $629,3702012Assets 2013: $352,599Liabilities 2013: $5,375Net Assets 2013: $347,2242013Assets 2014: $152,592Liabilities 2014: $4,000Net Assets 2014: $148,5922014Assets 2015: $89,778Liabilities 2015: $4,000Net Assets 2015: $85,7782015Assets 2016: $72,143Liabilities 2016: $4,000Net Assets 2016: $68,1432016Assets 2017: $46,539Liabilities 2017: $2,050Net Assets 2017: $44,4892017Assets 2018: $42,151Liabilities 2018: $02018Assets 2019: $104,321Liabilities 2019: $0Net Assets 2019: $104,3212019Assets 2020: $111,296Liabilities 2020: $0Net Assets 2020: $111,2962020Assets 2021: $96,271Liabilities 2021: $0Net Assets 2021: $96,2712021Assets 2022: $121,497Net Assets 2022: $121,4972022Assets 2023: $181,110Net Assets 2023: $181,1102023Assets 2024: $185,529Net Assets 2024: $185,5292024

Highlighted filing

2013

Assets$352,599
Liabilities$5,375
Net Assets$347,224

Operations Trend

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

$1.0M$500K$0-$500KExpenses 2010: $585,3232010Expenses 2011: $475,3032011Expenses 2012: $470,6762012Revenue 2013: $182,020Expenses 2013: $464,166Net Income 2013: -$282,1462013Revenue 2014: $16,857Expenses 2014: $215,489Net Income 2014: -$198,6322014Revenue 2015: $21,511Expenses 2015: $84,325Net Income 2015: -$62,8142015Revenue 2016: $70,642Expenses 2016: $88,277Net Income 2016: -$17,6352016Revenue 2017: $37,935Expenses 2017: $61,589Net Income 2017: -$23,6542017Revenue 2018: $46,375Expenses 2018: $48,713Net Income 2018: -$2,3382018Revenue 2019: $116,149Expenses 2019: $53,979Net Income 2019: $62,1702019Revenue 2020: $78,315Expenses 2020: $71,340Net Income 2020: $6,9752020Revenue 2021: $113,812Expenses 2021: $128,837Net Income 2021: -$15,0252021Revenue 2022: $83,696Expenses 2022: $58,470Net Income 2022: $25,2262022Revenue 2023: $98,992Expenses 2023: $39,379Net Income 2023: $59,6132023Revenue 2024: $59,907Expenses 2024: $55,488Net Income 2024: $4,4192024

Highlighted filing

2013

Revenue$182,020
Expenses$464,166
Net Income-$282,146
Jump To
Filing Snapshot
Filing Period
Jan 1, 2013 to Dec 31, 2013
Signed
Nov 6, 2014
Return Version
2013v3.1
Gross Receipts
$183,131
Mission and Program Overview

Mission

Support the public libraries in Lower Merion Township, Pennsylvania

The mission of the lower merion library foundation is to support the system-wide services offered by the lower merion library system by encouraging gifts in accordance with the provisions of section 501(c)(3) of the internal revenue code as amended.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$324,732$233,091▼ $91,641
Pledges and Grants Receivable$309,638$119,508▼ $190,130
Cash and Non-Interest-Bearing Accounts-$0-
Accounts Receivable-$0-
Other Notes and Loans Receivable, Net-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Investments in Publicly Traded Securities-$0-
Land, Buildings, and Equipment, Net-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Prepaid Expenses and Deferred Charges-$0-
Total Assets$634,370$352,599▼ $281,771
Other Assets Total-$0-
Liabilities
Accounts Payable and Accrued Expenses$5,000$5,375▲ $375
Total Liabilities$5,000$5,375▲ $375
Net Assets / Fund Balance
Temporarily Rstr Net Assets$618,119$334,004▼ $284,115
Unrestricted Net Assets$11,251$13,220▲ $1,969
Total Net Assets Fund Balance$629,370$347,224▼ $282,146
Total Liabilities and Net Assets / Fund Balance$634,370$352,599▼ $281,771
Compensation and Service Providers

Board Members and Trustees

NameTitle
Charles J Bloom EsqPresident
Barbara BisgaierVice President
David Sonenshein EsqBoard Member
Michael Golden EsqBoard Member
Patricia GreenSecretary
J Barton Riley CfaTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$179,798
Program Service Revenue
$0
Investment Income
$2,222
Other Revenue
$0
All Other Contributions
$179,798
Change in Net Assets
$-282,146

Audited Revenue Reconciliation

Revenue per Audited Statements
$182,020
Total Revenue per Audited Statements
$182,020
Total Revenue per Form 990
$182,020
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$400,000
Total Fundraising Expense$54,935
Professional Fundraising Fees$47,177
Other Expenses$16,989
Salaries, Compensation, and Employee Benefits$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$400,000--$400,000
Fees for Services Professional Fundraising--$47,177$47,177
Advertising--$7,758$7,758
Office Expenses-$4,533-$4,533
Fees for Services Accounting-$4,000-$4,000
Other Expenses-$150-$150
Total Functional Expenses$400,000$9,231$54,935$464,166

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$464,166
Total Expenses per Audited Statements$464,166
Total Expenses per Form 990$464,166
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
23-2813619--Cap. Campaign Lower Merion Library$400,000
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
Yes

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$47,177
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
No
Backup withholding compliance
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
Yes

Governance Explanations

Form 990, Part VI, Line 3: Description of Delegated Duties to Management Company

The organization delegated control over management duties customarily performed by or under supervision of directors to two professional fundraisers who developed, managed, and marketed the organization's fundraising campaign.

Form 990, Part VI, Line 11B: Form 990 Review Process

Form 990 is presented at a meeting of the board of directors. The directors review and approve the form 990 for filing with the internal revenue service.

Form 990, Part VI, Line 12C: Explanation of Monitoring and Enforcement of Conflicts

The organization's compliance with the conflict of interest policy is discusssed at the meeting of the board of directors as needed.

Form 990, Part VI, Line 19: Other Organization Documents Publicly Available

The organization makes its governing documents, conflict of interest policy, and financial statements available to the public by request.

Filing and Contact Details

Filer

EIN
23-2813619
Phone
6106456110

Signing Officer

Name
Charles J Bloom Esq
Title
President
Signed
2014-11-06
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Charles J Bloom
Formed
1996
Legal Domicile
Pa
Voting Board Members
6
Independent Board Members
6
Employees
0

Preparer

Preparer
Robert a Cornaglia CPA
Phone
8564881860
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IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0232283
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt01397912
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt02341925
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt0253
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt0392
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt0995
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt01831
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt01451
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt04922
IRS990ScheduleA/OtherIncome170Grp/TotalAmt00
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.99790
IRS990ScheduleA/PublicSupportPY170Pct00.99780
IRS990ScheduleA/PublicSupportTotal170Amt02341925
IRS990ScheduleA/SubstantialContributorsTotAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0179798
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0289525
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0242407
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0232283
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt01397912
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt02341925
IRS990ScheduleA/TotalSupportAmt02346847
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt00
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleD/ExpensesSubtotalAmt0464166
IRS990ScheduleD/RevenueSubtotalAmt0182020
IRS990ScheduleD/TotalExpensesPerForm990Amt0464166
IRS990ScheduleD/TotalRevenuePerForm990Amt0182020
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0182020
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0464166
IRS990ScheduleG/AgrmtProfFundraisingActyInd0true
IRS990ScheduleG/EmailSolicitationsInd0X
IRS990ScheduleG/FundraiserActivityInfoGrp/ActivityTxt0CAP CAMPAIGN
IRS990ScheduleG/FundraiserActivityInfoGrp/FundraiserControlOfFundsInd0true
IRS990ScheduleG/FundraiserActivityInfoGrp/GrossReceiptsAmt0179798
IRS990ScheduleG/FundraiserActivityInfoGrp/NetToOrganizationAmt0132621
IRS990ScheduleG/FundraiserActivityInfoGrp/OrganizationBusinessName/BusinessNameLine10SCHULTZWILLIAM
IRS990ScheduleG/FundraiserActivityInfoGrp/RetainedByContractorAmt047177
IRS990ScheduleG/FundraiserActivityInfoGrp/USAddress/AddressLine10325 CHESTNUT ST
IRS990ScheduleG/FundraiserActivityInfoGrp/USAddress/City0PHILA
IRS990ScheduleG/FundraiserActivityInfoGrp/USAddress/State0PA
IRS990ScheduleG/FundraiserActivityInfoGrp/USAddress/ZIPCode019106
IRS990ScheduleG/InPersonSolicitationsInd0X
IRS990ScheduleG/MailSolicitationsInd0X
IRS990ScheduleG/PhoneSolicitationsInd0X
IRS990ScheduleG/SolicitationOfNonGovtGrantsInd0X
IRS990ScheduleG/SupplementalInformationDetail/ExplanationTxt0SCHEDULE G, PART I, LINE 2B, COLUMN (V): THE ORGANIZATION REIMBURSED $23 FOR SUPPLIES, DELIVERY, COPIES, TELEPHONE, AND TRAVEL EXPENSES TO THE PROFESSIONAL FUNDRAISERS AS STATED IN THE AGREEMENTS.
IRS990ScheduleG/SupplementalInformationDetail/FormAndLineReferenceDesc0Part I, Line 2b - Fundraiser Additional Information
IRS990ScheduleG/TotalGrossReceiptsAmt0179798
IRS990ScheduleG/TotalNetToOrganizationAmt0132621
IRS990ScheduleG/TotalRetainedByContractorsAmt047177
IRS990ScheduleI/GrantRecordsMaintainedInd0true
IRS990ScheduleI/RecipientTable/CashGrantAmt0400000
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt00
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0CAP. CAMPAIGN LOWER MERION LIBRARY
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine10LOWER MERION TOWNSHIP
IRS990ScheduleI/RecipientTable/RecipientEIN0232813619
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1075 EAST LANCASTER AVENUE
IRS990ScheduleI/RecipientTable/USAddress/City0ARDMORE
IRS990ScheduleI/RecipientTable/USAddress/State0PA
IRS990ScheduleI/RecipientTable/USAddress/ZIPCode019003
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0SCHEDULE I, PART I, LINE 2: LMLF FOLLOWS ITS CHARTER TO ASSIST THE LOWER MERION LIBRARY SYSTEM BUT DOES NOT ISSUE GRANTS TO SPECIFIC ENTITIES OR INDIVIDUALS.
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0Additional Supplemental Information
IRS990ScheduleI/Total501c3OrgCnt01
IRS990ScheduleI/TotalOtherOrgCnt00
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION DELEGATED CONTROL OVER MANAGEMENT DUTIES CUSTOMARILY PERFORMED BY OR UNDER SUPERVISION OF DIRECTORS TO TWO PROFESSIONAL FUNDRAISERS WHO DEVELOPED, MANAGED, AND MARKETED THE ORGANIZATION'S FUNDRAISING CAMPAIGN.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1FORM 990 IS PRESENTED AT A MEETING OF THE BOARD OF DIRECTORS. THE DIRECTORS REVIEW AND APPROVE THE FORM 990 FOR FILING WITH THE INTERNAL REVENUE SERVICE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE ORGANIZATION'S COMPLIANCE WITH THE CONFLICT OF INTEREST POLICY IS DISCUSSSED AT THE MEETING OF THE BOARD OF DIRECTORS AS NEEDED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC BY REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Line 3: Description of Delegated Duties to Management Company
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Line 11b: Form 990 Review Process
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Line 12c: Explanation of Monitoring and Enforcement of Conflicts
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VI, Line 19: Other Organization Documents Publicly Available
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IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxableDistributionsInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TemporarilyRstrNetAssetsGrp/BOYAmt0618119
IRS990/TemporarilyRstrNetAssetsGrp/EOYAmt0334004
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0634370
IRS990/TotalAssetsEOYAmt0352599
IRS990/TotalAssetsGrp/BOYAmt0634370
IRS990/TotalAssetsGrp/EOYAmt0352599
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt0179798
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt054935
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt09231
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0400000
IRS990/TotalFunctionalExpensesGrp/TotalAmt0464166
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt05000
IRS990/TotalLiabilitiesEOYAmt05375
IRS990/TotalLiabilitiesGrp/BOYAmt05000
IRS990/TotalLiabilitiesGrp/EOYAmt05375
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0629370
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0347224
IRS990/TotalProgramServiceExpensesAmt0400000
IRS990/TotalProgramServiceRevenueAmt00
IRS990/TotalRevenueGrp/ExclusionAmt0253
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt01969
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0182020
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0634370
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0352599
IRS990/TransactionWithControlEntInd0false
IRS990/TravelGrp/TotalAmt00
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnrestrictedNetAssetsGrp/BOYAmt011251
IRS990/UnrestrictedNetAssetsGrp/EOYAmt013220
IRS990/UponRequestInd0X
IRS990/VotingMembersGoverningBodyCnt06
IRS990/VotingMembersIndependentCnt06

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$0.19$0.19$0.06$0.06$0.00
2023Detailed filing. Detailed filing data is available for this year.$0.18$0.18$0.10$0.04$0.06
2022Detailed filing. Detailed filing data is available for this year.$0.12$0.12$0.08$0.06$0.03
2021Detailed filing. Detailed filing data is available for this year.$0.10$0.00$0.10$0.11$0.13$0.02
2020Detailed filing. Detailed filing data is available for this year.$0.11$0.00$0.11$0.08$0.07$0.01
2019Detailed filing. Detailed filing data is available for this year.$0.10$0.00$0.10$0.12$0.05$0.06
2018Summary only. Only limited summary data is available for this year.$0.04$0.00$0.05$0.05$0.00
2017Detailed filing. Detailed filing data is available for this year.$0.05$0.00$0.04$0.04$0.06$0.02
2016Detailed filing. Detailed filing data is available for this year.$0.07$0.00$0.07$0.07$0.09$0.02
2015Detailed filing. Detailed filing data is available for this year.$0.09$0.00$0.09$0.02$0.08$0.06
2014Detailed filing. Detailed filing data is available for this year.$0.15$0.00$0.15$0.02$0.22$0.20
2013Detailed filing. Detailed filing data is available for this year.$0.35$0.01$0.35$0.18$0.46$0.28
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.63$0.01$0.63$0.47
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.82$0.01$0.81$0.48
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.12$0.08$1.04$0.59