Civic Intelligence

Lower Merion Library Foundation

990 • Fiscal year 2014 • EIN 23-2813619

Jan 01, 2014 to Dec 31, 2014 • Filed on Aug 03, 2015

Organization ProfileWWW.LMLS.ORG
75 East Lancaster AvenueArdmore, PA 19003

(610) 645-6110

Siviq Scores

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

Liabilities / Assets

67th percentile

0.03x

Higher debt load relative to assets than 67% of similar nonprofits.

2014 filings • 501(c)3 • <$500k nonprofits • Source year 2014

Liabilities / Revenue

88th percentile

0.24x

Higher debt load relative to revenue than 88% of similar nonprofits.

2014 filings • 501(c)3 • <$500k nonprofits • Source year 2014

Net Margin

1st percentile

-1178%

Higher net margin than 1% of similar nonprofits.

2014 filings • 501(c)3 • <$500k nonprofits • Source year 2014

Top Officer Pay

74th percentile

$0

Higher top officer pay than 74% of similar nonprofits.

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

2014 filings • 501(c)3 • <$500k nonprofits • Source year 2014

Asset Growth

7th percentile

-57%

Faster asset growth than 7% of similar nonprofits.

2014 filings • 501(c)3 • <$500k nonprofits • Annualized from 2013 to 2014

Revenue Growth

2nd percentile

-91%

Faster revenue growth than 2% of similar nonprofits.

2014 filings • 501(c)3 • <$500k nonprofits • Annualized from 2013 to 2014

Balance Sheet
Liabilities / Assets67th percentile

Assets

Down

$152,592

Down $200,007 (-57%) from 2013

Net Assets

Down

$148,592

Down $198,632 (-57%) from 2013

Liabilities

Down

$4,000

Down $1,375 (-26%) from 2013

Revenue And Expenses
Liabilities / Revenue88th percentileNet Margin1st percentile

Revenue

Down

$16,857

Down $165,163 (-91%) from 2013

Expenses

Down

$215,489

Down $248,677 (-54%) from 2013

Net Income

Up

-$198,632

Up $83,514 (+30%) from 2013

Historical Trend

Balance Sheet Trend

Asset Growth7th percentile

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

2014

Assets$152,592
Liabilities$4,000
Net Assets$148,592
Open 2014 Filing

Operations Trend

Revenue Growth2nd percentile

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

2014

Revenue$16,857
Expenses$215,489
Net Income-$198,632
Open 2014 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2014 to Dec 31, 2014
Signed
Aug 3, 2015
Return Version
2014v5.0
Gross Receipts
$16,857
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$233,091$79,822▼ $153,269
Pledges and Grants Receivable$119,508$72,770▼ $46,738
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$352,599$152,592▼ $200,007
Other Assets Total-$0-
Liabilities
Accounts Payable and Accrued Expenses$5,375$4,000▼ $1,375
Total Liabilities$5,375$4,000▼ $1,375
Net Assets / Fund Balance
Temporarily Rstr Net Assets$334,004$128,697▼ $205,307
Unrestricted Net Assets$13,220$19,895▲ $6,675
Total Net Assets Fund Balance$347,224$148,592▼ $198,632
Total Liabilities and Net Assets / Fund Balance$352,599$152,592▼ $200,007
Compensation and Service Providers
Top Officer Pay74th percentile

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
$10,155
Program Service Revenue
$0
Investment Income
$6,702
Other Revenue
$0
All Other Contributions
$10,155
Change in Net Assets
$-198,632

Audited Revenue Reconciliation

Revenue per Audited Statements
$16,857
Total Revenue per Audited Statements
$16,857
Total Revenue per Form 990
$16,857
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$200,000
Other Expenses$11,189
Professional Fundraising Fees$4,300
Total Fundraising Expense$4,300
Salaries, Compensation, and Employee Benefits$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$200,000--$200,000
Office Expenses-$4,739-$4,739
Fees for Services Professional Fundraising--$4,300$4,300
Fees for Services Accounting-$4,000-$4,000
Other Expenses$2,300$150-$150
Total Functional Expenses$202,300$8,889$4,300$215,489

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$215,489
Total Expenses per Audited Statements$215,489
Total Expenses per Form 990$215,489
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Lower Merion TownshipArdmore, PA-Cap. Campaign Lower Merion Library$200,000
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$4,300
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

Filer Name
Lower Merion Library Foundation
EIN
23-2813619
Phone
6106456110
Address
75 EAST LANCASTER AVENUE, ARDMORE, PA 19003

Signing Officer

Name
Charles J Bloom Esq
Title
President
Signed
2015-08-03
Discuss with paid preparer
Yes

Organization Details

Formed
1996
Legal Domicile
Pa
Voting Board Members
6
Independent Board Members
6
Employees
0

Preparer

Firm
Raible Cornaglia Wenstrom & Raible LLC
Address
1000 ATRIUM WAY STE 103, MOUNT LAUREL, NJ 08054-3903
Preparer
Robert a Cornaglia CPA Cgma
Phone
8564881860
Raw XML AppendixShowing 400 of 404 raw XML fields

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

Path#Value
IRS990/AccountantCompileOrReviewInd0false
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt05375
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt04000
IRS990/AccountsReceivableGrp/EOYAmt00
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0THE 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.
IRS990/AdvertisingGrp/TotalAmt00
IRS990/AllAffiliatesIncludedInd0false
IRS990/AllOtherContributionsAmt010155
IRS990/AllOtherExpensesGrp/TotalAmt00
IRS990/AnnualDisclosureCoveredPrsnInd0true
IRS990/AuditCommitteeInd0false
IRS990/BackupWthldComplianceInd0false
IRS990/BenefitsToMembersGrp/TotalAmt00
IRS990/BooksInCareOfDetail/PersonNm0CHARLES J BLOOM ESQ
IRS990/BooksInCareOfDetail/PhoneNum06106456110
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt075 EAST LANCASTER AVENUE
IRS990/BooksInCareOfDetail/USAddress/CityNm0ARDMORE
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0PA
IRS990/BooksInCareOfDetail/USAddress/ZIPCd0190032323
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOfficerEntInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CashNonInterestBearingGrp/EOYAmt00
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd0false
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt00
IRS990/CompDisqualPersonsGrp/TotalAmt00
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0false
IRS990/CompensationProcessOtherInd0false
IRS990/ConferencesMeetingsGrp/TotalAmt00
IRS990/ConflictOfInterestPolicyInd0true
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt010155
IRS990/CYGrantsAndSimilarPaidAmt0200000
IRS990/CYInvestmentIncomeAmt06702
IRS990/CYOtherExpensesAmt011189
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt00
IRS990/CYRevenuesLessExpensesAmt0-198632
IRS990/CYSalariesCompEmpBnftPaidAmt00
IRS990/CYTotalExpensesAmt0215489
IRS990/CYTotalFundraisingExpenseAmt04300
IRS990/CYTotalProfFndrsngExpnsAmt04300
IRS990/CYTotalRevenueAmt016857
IRS990/DAFExcessBusinessHoldingsInd0false
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DelegationOfMgmtDutiesInd0true
IRS990/DepreciationDepletionGrp/TotalAmt00
IRS990/Desc0LOWER MERION LIBRARY FOUDNATION ACTIVITIES WERE DEVOTED TO RESERACH AND GRANT PROPOSALS TO FUND COLLECTION DEVELOPMENT ACTIVITIES IN THE LOWER MERION LIBRARY SYSTEM. LOWER MERION LIBRARY FOUNDATION ALSO CONCENTRATED ON RAISING PUBLIC FUNDING FOR THE LOWER MERION LIBRARY SYSTEM'S CAPITAL CAMPAIGN. THIS CAMPAIGN WILL HELP TO RAISE THE FUNDS NEEDED FOR SIX LIBRARY RENOVATIONS WITHIN THE LOWER MERION LIBRARY SYSTEM AND WILL MAKE CONRIBUTIONS TO THE TOWNSHIP OF LOWER MERION TO MEET THIS CAUSE.
IRS990/DescribedInSection501c3Ind0true
IRS990/DisregardedEntityInd0false
IRS990/DistributionToDonorInd0false
IRS990/DocumentRetentionPolicyInd0true
IRS990/DonorAdvisedFundInd0false
IRS990/ElectionOfBoardMembersInd0false
IRS990/EmployeeCnt00
IRS990/EmploymentTaxReturnsFiledInd0false
IRS990/EngagedInExcessBenefitTransInd0false
IRS990/EscrowAccountInd0false
IRS990/ExpenseAmt0202300
IRS990/FamilyOrBusinessRlnInd0false
IRS990/FederalGrantAuditRequiredInd0false
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt04000
IRS990/FeesForServicesAccountingGrp/TotalAmt04000
IRS990/FeesForServicesLegalGrp/TotalAmt00
IRS990/FeesForServicesLobbyingGrp/TotalAmt00
IRS990/FeesForServicesManagementGrp/TotalAmt00
IRS990/FeesForServicesOtherGrp/TotalAmt00
IRS990/FeesForServicesProfFundraising/FundraisingAmt04300
IRS990/FeesForServicesProfFundraising/TotalAmt04300
IRS990/FeesForSrvcInvstMgmntFeesGrp/TotalAmt00
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignGrantsGrp/TotalAmt00
IRS990/ForeignOfficeInd0false
IRS990/Form1098CFiledInd0false
IRS990/Form8282FiledCnt00
IRS990/Form8282PropertyDisposedOfInd0false
IRS990/Form8899Filedind0false
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt00.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt10.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt20.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt30.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt40.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt50.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt020.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt13.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt210.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt33.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt45.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt53.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/PersonNm0CHARLES J BLOOM ESQ
IRS990/Form990PartVIISectionAGrp/PersonNm1BARBARA BISGAIER
IRS990/Form990PartVIISectionAGrp/PersonNm2J BARTON RILEY CFA
IRS990/Form990PartVIISectionAGrp/PersonNm3PATRICIA GREEN
IRS990/Form990PartVIISectionAGrp/PersonNm4MICHAEL GOLDEN ESQ
IRS990/Form990PartVIISectionAGrp/PersonNm5DAVID SONENSHEIN ESQ
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/TitleTxt0PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt1VICE PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt2TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt3SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt4BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt5BOARD MEMBER
IRS990/Form990ProvidedToGvrnBodyInd0true
IRS990/Form990TFiledInd0false
IRS990/FormationYr01996
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd0true
IRS990/FundraisingActivitiesInd0false
IRS990/GainOrLossGrp/SecuritiesAmt06674
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt06
IRS990/GrantAmt0200000
IRS990/GrantsToDomesticIndividualsGrp/TotalAmt00
IRS990/GrantsToDomesticOrgsGrp/ProgramServicesAmt0200000
IRS990/GrantsToDomesticOrgsGrp/TotalAmt0200000
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0true
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossAmountSalesAssetsGrp/SecuritiesAmt06674
IRS990/GrossReceiptsAmt016857
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IncmFromInvestBondProceedsGrp/TotalRevenueColumnAmt00
IRS990/IndependentAuditFinclStmtInd0true
IRS990/IndependentVotingMemberCnt06
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InformationTechnologyGrp/TotalAmt00
IRS990/InsuranceGrp/TotalAmt00
IRS990/IntangibleAssetsGrp/EOYAmt00
IRS990/InterestGrp/TotalAmt00
IRS990/InventoriesForSaleOrUseGrp/EOYAmt00
IRS990/InvestmentIncomeGrp/ExclusionAmt028
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt028
IRS990/InvestmentInJointVentureInd0false
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt00
IRS990/InvestmentsProgramRelatedGrp/EOYAmt00
IRS990/InvestmentsPubTradedSecGrp/EOYAmt00
IRS990/InvestTaxExemptBondsInd0false
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipBasisNetGrp/EOYAmt00
IRS990/LegalDomicileStateCd0PA
IRS990/LicensedMoreThanOneStateInd0false
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0THE 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.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt0347224
IRS990/NetAssetsOrFundBalancesEOYAmt0148592
IRS990/NetGainOrLossInvestmentsGrp/RelatedOrExemptFuncIncomeAmt06674
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt06674
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeFromGamingGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/TotalAmt00
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt04739
IRS990/OfficeExpensesGrp/TotalAmt04739
IRS990/OfficerMailingAddressInd0false
IRS990/OnBehalfOfIssuerInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OrgFiledInLieuOfForm1041Ind0false
IRS990/OtherAssetsTotalGrp/EOYAmt00
IRS990/OtherEmployeeBenefitsGrp/TotalAmt00
IRS990/OtherExpensesGrp/Desc0BAD DEBT EXPENSE
IRS990/OtherExpensesGrp/Desc1REGISTRATION FEE
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt0150
IRS990/OtherExpensesGrp/ProgramServicesAmt02300
IRS990/OtherExpensesGrp/TotalAmt02300
IRS990/OtherExpensesGrp/TotalAmt1150
IRS990/OtherRevenueTotalAmt00
IRS990/OtherSalariesAndWagesGrp/TotalAmt00
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt00
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/TotalAmt00
IRS990/PensionPlanContributionsGrp/TotalAmt00
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt0119508
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt072770
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt00
IRS990/ProfessionalFundraisingInd0false
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0179798
IRS990/PYExcessBenefitTransInd0false
IRS990/PYGrantsAndSimilarPaidAmt0400000
IRS990/PYInvestmentIncomeAmt02222
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt016989
IRS990/PYRevenuesLessExpensesAmt0-282146
IRS990/PYTotalExpensesAmt0464166
IRS990/PYTotalProfFndrsngExpnsAmt047177
IRS990/PYTotalRevenueAmt0182020
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt0-198632
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0false
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0233091
IRS990/SavingsAndTempCashInvstGrp/EOYAmt079822
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt012529
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0179798
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0289525
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0242407
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0232283
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0956542
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt028
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt0253
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt0392
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt0995
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt01831
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt03499
IRS990ScheduleA/OtherIncome170Grp/TotalAmt00
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.99640
IRS990ScheduleA/PublicSupportPY170Pct00.99790
IRS990ScheduleA/PublicSupportTotal170Amt0956542
IRS990ScheduleA/SubstantialContributorsTotAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt012529
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0179798
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0289525
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0242407
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0232283
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0956542
IRS990ScheduleA/TotalSupportAmt0960041
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/ExpensesSubtotalAmt0215489
IRS990ScheduleD/RevenueSubtotalAmt016857
IRS990ScheduleD/TotalExpensesPerForm990Amt0215489
IRS990ScheduleD/TotalRevenuePerForm990Amt016857
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt016857
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0215489
IRS990ScheduleI/GrantRecordsMaintainedInd0true
IRS990ScheduleI/RecipientTable/CashGrantAmt0200000
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt00
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0CAP. CAMPAIGN LOWER MERION LIBRARY
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0LOWER MERION TOWNSHIP
IRS990ScheduleI/RecipientTable/RecipientEIN0232813619
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt075 EAST LANCASTER AVENUE
IRS990ScheduleI/RecipientTable/USAddress/CityNm0ARDMORE
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd0PA
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd019003
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
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0PA
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxableDistributionsInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TemporarilyRstrNetAssetsGrp/BOYAmt0334004
IRS990/TemporarilyRstrNetAssetsGrp/EOYAmt0128697
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0352599
IRS990/TotalAssetsEOYAmt0152592
IRS990/TotalAssetsGrp/BOYAmt0352599
IRS990/TotalAssetsGrp/EOYAmt0152592
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt010155
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt04300
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt08889
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0202300
IRS990/TotalFunctionalExpensesGrp/TotalAmt0215489
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt05375
IRS990/TotalLiabilitiesEOYAmt04000
IRS990/TotalLiabilitiesGrp/BOYAmt05375
IRS990/TotalLiabilitiesGrp/EOYAmt04000
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0347224
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0148592
IRS990/TotalProgramServiceExpensesAmt0202300
IRS990/TotalProgramServiceRevenueAmt00
IRS990/TotalRevenueGrp/ExclusionAmt028
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt06674
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt016857
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0352599
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0152592
IRS990/TransactionWithControlEntInd0false
IRS990/TravelGrp/TotalAmt00
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnrestrictedNetAssetsGrp/BOYAmt013220
IRS990/UnrestrictedNetAssetsGrp/EOYAmt019895
IRS990/UponRequestInd0X
IRS990/VotingMembersGoverningBodyCnt06
IRS990/VotingMembersIndependentCnt06
IRS990/WebsiteAddressTxt0WWW.LMLS.ORG
IRS990/WhistleblowerPolicyInd0true
ReturnHeader/BuildTS02016-04-25 22:37:26Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0CHARLES J BLOOM ESQ
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/SignatureDt02015-08-03
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0LOWER MERION LIBRARY FOUNDATION
ReturnHeader/Filer/BusinessNameControlTxt0LOWE
ReturnHeader/Filer/EIN0232813619
ReturnHeader/Filer/PhoneNum06106456110
ReturnHeader/Filer/USAddress/AddressLine1Txt075 EAST LANCASTER AVENUE
ReturnHeader/Filer/USAddress/CityNm0ARDMORE
ReturnHeader/Filer/USAddress/StateAbbreviationCd0PA
ReturnHeader/Filer/USAddress/ZIPCd019003
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0RAIBLE CORNAGLIA WENSTROM & RAIBLE LLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt01000 ATRIUM WAY STE 103
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0MOUNT LAUREL
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NJ
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0080543903
ReturnHeader/PreparerPersonGrp/PhoneNum08564881860
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0ROBERT A CORNAGLIA CPA CGMA
ReturnHeader/ReturnTs02015-08-03T14:00:35-07:00

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2014 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$152,592
Liabilities
$4,000
Net assets
$148,592
Revenue
$16,857
Expenses
$215,489
Net income
-$198,632
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