Civic Intelligence

Montgomery County Library and Information Network Consortium

990 • Fiscal year 2020 • EIN 23-2832550

Jan 01, 2020 to Dec 31, 2020 • Filed on Oct 07, 2021

301 Fayette Street 2nd FloorConshohocken, PA 19428

(610) 238-0580

Siviq Scores

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

Liabilities / Assets

39th percentile

0.01x

Higher debt load relative to assets than 39% of similar nonprofits.

2020 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2020

Liabilities / Revenue

39th percentile

0.02x

Higher debt load relative to revenue than 39% of similar nonprofits.

2020 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2020

Net Margin

15th percentile

-24%

Higher net margin than 15% of similar nonprofits.

2020 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2020

Top Officer Pay

85th percentile

$91,287

Higher top officer pay than 85% of similar nonprofits.

Top officer pay equals 13.2% of source-year revenue.

2020 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2020

Asset Growth

9th percentile

-15%

Faster asset growth than 9% of similar nonprofits.

2020 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2019 to 2020

Revenue Growth

45th percentile

-3.8%

Faster revenue growth than 45% of similar nonprofits.

2020 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2019 to 2020

Assets

Down

$956,682

Down $162,711 (-15%) from 2019

Net Assets

Down

$945,548

Down $165,147 (-15%) from 2019

Liabilities

Up

$11,134

Up $2,436 (+28%) from 2019

Revenue

Down

$690,048

Down $27,480 (-3.8%) from 2019

Expenses

Up

$856,338

Up $204,006 (+31%) from 2019

Net Income

Down

-$166,290

Down $231,486 (-355%) from 2019

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 2011: $556,305Liabilities 2011: $21,017Net Assets 2011: $535,2882011Assets 2012: $544,619Liabilities 2012: $19,296Net Assets 2012: $525,3232012Assets 2013: $614,661Liabilities 2013: $34,972Net Assets 2013: $579,6892013Assets 2014: $821,222Liabilities 2014: $37,926Net Assets 2014: $783,2962014Assets 2015: $870,439Liabilities 2015: $5,897Net Assets 2015: $864,5422015Assets 2016: $940,177Liabilities 2016: $5,461Net Assets 2016: $934,7162016Assets 2017: $1,003,667Liabilities 2017: $7,181Net Assets 2017: $996,4862017Assets 2018: $1,055,062Liabilities 2018: $9,563Net Assets 2018: $1,045,4992018Assets 2019: $1,119,393Liabilities 2019: $8,698Net Assets 2019: $1,110,6952019Assets 2020: $956,682Liabilities 2020: $11,134Net Assets 2020: $945,5482020Assets 2021: $761,316Liabilities 2021: $5,814Net Assets 2021: $755,5022021Assets 2022: $614,890Liabilities 2022: $1,315Net Assets 2022: $613,5752022Assets 2023: $663,336Liabilities 2023: $6,475Net Assets 2023: $656,8612023Assets 2024: $641,028Liabilities 2024: $44,289Net Assets 2024: $596,7392024

Highlighted filing

2020

Assets$956,682
Liabilities$11,134
Net Assets$945,548

Operations Trend

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

$1.0M$500K$0-$500KExpenses 2011: $694,9322011Expenses 2012: $776,2772012Revenue 2013: $655,754Expenses 2013: $601,388Net Income 2013: $54,3662013Revenue 2014: $703,070Expenses 2014: $499,463Net Income 2014: $203,6072014Revenue 2015: $638,899Expenses 2015: $595,579Net Income 2015: $43,3202015Revenue 2016: $721,973Expenses 2016: $651,799Net Income 2016: $70,1742016Revenue 2017: $740,545Expenses 2017: $678,775Net Income 2017: $61,7702017Revenue 2018: $710,553Expenses 2018: $661,540Net Income 2018: $49,0132018Revenue 2019: $717,528Expenses 2019: $652,332Net Income 2019: $65,1962019Revenue 2020: $690,048Expenses 2020: $856,338Net Income 2020: -$166,2902020Revenue 2021: $796,218Expenses 2021: $869,612Net Income 2021: -$73,3942021Revenue 2022: $753,554Expenses 2022: $895,334Net Income 2022: -$141,7802022Revenue 2023: $875,329Expenses 2023: $832,043Net Income 2023: $43,2862023Revenue 2024: $851,332Expenses 2024: $911,454Net Income 2024: -$60,1222024

Highlighted filing

2020

Revenue$690,048
Expenses$856,338
Net Income-$166,290
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
Oct 7, 2021
Return Version
2020v4.0
Gross Receipts
$690,048
Mission and Program Overview

Mission

Provide independently governed and funded libraries the opportunity to cooperatively purchase and operate automation services, in order to provide the best possible public service to the residents of montgomery county through the sharing of resources.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$572,137$783,006▲ $210,869
Land, Buildings, and Equipment, Net$130,154$157,853▲ $27,699
Cash and Non-Interest-Bearing Accounts$417,102$15,823▼ $401,279
Accounts Receivable-$0-
Other Notes and Loans Receivable, Net-$0-
Pledges and Grants Receivable-$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-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Prepaid Expenses and Deferred Charges-$0-
Total Assets$1,119,393$956,682▼ $162,711
Other Assets Total-$0-
Liabilities
Other Liabilities$8,698$11,134▲ $2,436
Total Liabilities$8,698$11,134▲ $2,436
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$1,110,695$945,548▼ $165,147
Total Net Assets Fund Balance$1,110,695$945,548▼ $165,147
Total Liabilities and Net Assets / Fund Balance$1,119,393$956,682▼ $162,711

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$156,954$2,466,315$2,623,269
Other Land Buildings$899$10,301$11,200
Leasehold Improvements-$3,350$3,350
Compensation and Service Providers

Employees

NameTitleBaseTotal
Michelle KehoeExecutive Director$91,287$91,287

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$10,449
Program Service Revenue
$675,733
Investment Income
$3,866
Other Revenue
$0
All Other Contributions
$10,449
Change in Net Assets
$-166,290
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$519,011
Salaries, Compensation, and Employee Benefits$337,327
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Information Technology$355,832$1,554-$357,386
Other Salaries and Wages$162,484$3,316-$165,800
Current Officers, Directors, Trustees, and Key Employees$89,461$1,826-$91,287
Depreciation Depletion$89,810--$89,810
Other Employee Benefits$51,692$1,055-$52,747
Payroll Taxes$26,943$550-$27,493
Fees for Services Other$21,705$2,390-$24,095
Conferences and Meetings$9,382--$9,382
Occupancy-$8,500-$8,500
Fees for Services Accounting-$6,444-$6,444
Insurance-$5,758-$5,758
Office Expenses-$5,169-$5,169
Other Expenses$2,177--$2,177
Total Functional Expenses$819,776$36,562$0$856,338
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
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-
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Due to Members$11,134
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Annual disclosure for covered persons
Yes
Audit committee
No
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
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
No

Governance Explanations

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

The system administrator and treasurer review a draft 990 provided by the auditor for consistency with regards to revenue and expenditures. They also compare prior year 990 forms.

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

Each january, the system administrator distributes the policy, disclosure forms and signature page to all directors and staff. The disclosure forms and signature pages are retained on file in the administrative offices.

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

The organization makes its conflict of interest policy available to the public upon request. Financial statements are available on-line and posted by guidestar.org. The form 990 is available online at guidestar.com.

Filing and Contact Details

Filer

Filer Name
Montgomery County Library and
EIN
23-2832550
Phone
6102380580
Address
301 FAYETTE STREET 2ND FLOOR, CONSHOHOCKEN, PA 19428

Signing Officer

Name
Michelle Kehoe
Title
Executive Director
Signed
2021-10-07
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Michelle Kehoe
Formed
1995
Legal Domicile
Pa
Voting Board Members
18
Independent Board Members
18
Employees
5

Preparer

Firm
Bond Pezzano & Etze Pc
Address
555 SECOND AVE STE F-100, COLLEGEVILLE, PA 19426
Preparer
Jennifer L Bond
Phone
6104090366
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IRS990/Form990PartVIISectionAGrp/TitleTxt4Director
IRS990/Form990PartVIISectionAGrp/TitleTxt5Director
IRS990/Form990PartVIISectionAGrp/TitleTxt6Vice President
IRS990/Form990PartVIISectionAGrp/TitleTxt7Director
IRS990/Form990PartVIISectionAGrp/TitleTxt8Director
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IRS990/Form990PartVIISectionAGrp/TitleTxt10Director
IRS990/Form990PartVIISectionAGrp/TitleTxt11Director
IRS990/Form990PartVIISectionAGrp/TitleTxt12Director
IRS990/Form990PartVIISectionAGrp/TitleTxt13Treasurer
IRS990/Form990PartVIISectionAGrp/TitleTxt14Secretary
IRS990/Form990PartVIISectionAGrp/TitleTxt15Director
IRS990/Form990PartVIISectionAGrp/TitleTxt16Director
IRS990/Form990PartVIISectionAGrp/TitleTxt17Director
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IRS990/MembersOrStockholdersInd0false
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IRS990/MissionDesc0PROVIDE INDEPENDENTLY GOVERNED AND FUNDED LIBRARIES THE OPPORTUNITY TO COOPERATIVELY PURCHASE AND OPERATE AUTOMATION SERVICES, IN ORDER TO PROVIDE THE BEST POSSIBLE PUBLIC SERVICE TO THE RESIDENTS OF MONTGOMERY COUNTY THROUGH THE SHARING OF RESOURCES.
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IRS990/NetIncomeFromGamingGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt00
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IRS990/OperateHospitalInd0false
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IRS990/OtherExpensesGrp/Desc0Publications
IRS990/OtherExpensesGrp/Desc1Member Expenses
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IRS990/OtherExpensesGrp/ProgramServicesAmt12177
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IRS990/OtherExpensesGrp/TotalAmt12177
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IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0162484
IRS990/OtherSalariesAndWagesGrp/TotalAmt0165800
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IRS990/PaymentsToAffiliatesGrp/TotalAmt00
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IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt0550
IRS990/PayrollTaxesGrp/ProgramServicesAmt026943
IRS990/PayrollTaxesGrp/TotalAmt027493
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IRS990/PoliticalCampaignActyInd0false
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IRS990/PrincipalOfficerNm0MICHELLE KEHOE
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IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt08426
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IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt03422
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt03465
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt04574
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IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt0698705
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt0728811
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt0704444
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt03505538
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/TotalAmt00
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt03866
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt010669

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.64$0.04$0.60$0.85$0.91$0.06
2023Summary only. Only limited summary data is available for this year.$0.66$0.01$0.66$0.88$0.83$0.04
2022Summary only. Only limited summary data is available for this year.$0.61$0.00$0.61$0.75$0.90$0.14
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.76$0.01$0.76$0.80$0.87$0.07
2020Detailed filing. Detailed filing data is available for this year.$0.96$0.01$0.95$0.69$0.86$0.17
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.12$0.01$1.11$0.72$0.65$0.07
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.06$0.01$1.05$0.71$0.66$0.05
2017Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.00$0.01$1.00$0.74$0.68$0.06
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.94$0.01$0.93$0.72$0.65$0.07
2015XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.87$0.01$0.86$0.64$0.60$0.04
2014Detailed filing. Detailed filing data is available for this year.$0.82$0.04$0.78$0.70$0.50$0.20
2013Detailed filing. Detailed filing data is available for this year.$0.61$0.03$0.58$0.66$0.60$0.05
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.54$0.02$0.53$0.78
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.56$0.02$0.54$0.69