Civic Intelligence

Wissahickon Valley Public Library

990 • Fiscal year 2014 • EIN 23-6390949

Jul 01, 2013 to Jun 30, 2014 • Filed on Sep 19, 2014

650 Skippack Pike19422

(215) 643-1320

Siviq Scores

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

Liabilities / Assets

33rd percentile

0.03x

Higher debt load relative to assets than 33% of similar nonprofits.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2014

Liabilities / Revenue

44th percentile

0.08x

Higher debt load relative to revenue than 44% of similar nonprofits.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2014

Net Margin

27th percentile

-4.9%

Higher net margin than 27% of similar nonprofits.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2014

Top Officer Pay

68th percentile

$96,135

Higher top officer pay than 68% of similar nonprofits.

Top officer pay equals 7.6% of source-year revenue.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2014

Asset Growth

47th percentile

1.3%

Faster asset growth than 47% of similar nonprofits.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2013 to 2014

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2014

Assets

Up

$3,746,856

Up $49,364 (+1.3%) from 2013

Net Assets

Up

$3,641,753

Up $49,407 (+1.4%) from 2013

Liabilities

Down

$105,103

Down $43 (-0.0%) from 2013

Revenue

$1,262,941

No earlier filing loaded for comparison.

Expenses

Down

$1,324,216

Down $89,021 (-6.3%) from 2013

Net Income

-$61,275

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.

$8.0M$6.0M$4.0M$2.0M$0Assets 2012: $3,790,863Liabilities 2012: $105,306Net Assets 2012: $3,685,5572012Assets 2013: $3,697,492Liabilities 2013: $105,146Net Assets 2013: $3,592,3462013Assets 2014: $3,746,856Liabilities 2014: $105,103Net Assets 2014: $3,641,7532014Assets 2015: $3,734,018Liabilities 2015: $105,097Net Assets 2015: $3,628,9212015Assets 2016: $3,762,056Liabilities 2016: $105,189Net Assets 2016: $3,656,8672016Assets 2017: $3,792,564Liabilities 2017: $105,180Net Assets 2017: $3,687,3842017Assets 2018: $3,830,826Liabilities 2018: $105,178Net Assets 2018: $3,725,6482018Assets 2019: $6,108,399Liabilities 2019: $2,151,516Net Assets 2019: $3,956,8832019Assets 2020: $6,405,428Liabilities 2020: $2,090,577Net Assets 2020: $4,314,8512020Assets 2021: $7,205,487Liabilities 2021: $1,975,189Net Assets 2021: $5,230,2982021Assets 2022: $7,721,915Liabilities 2022: $1,885,422Net Assets 2022: $5,836,4932022Assets 2023: $7,740,286Liabilities 2023: $1,790,186Net Assets 2023: $5,950,1002023Assets 2024: $7,916,141Liabilities 2024: $1,598,234Net Assets 2024: $6,317,9072024

Highlighted filing

2014

Assets$3,746,856
Liabilities$105,103
Net Assets$3,641,753

Operations Trend

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

$3.0M$2.0M$1.0M$0-$1.0MExpenses 2012: $1,440,4892012Expenses 2013: $1,413,2372013Revenue 2014: $1,262,941Expenses 2014: $1,324,216Net Income 2014: -$61,2752014Revenue 2015: $1,302,822Expenses 2015: $1,325,847Net Income 2015: -$23,0252015Revenue 2016: $1,291,541Expenses 2016: $1,303,372Net Income 2016: -$11,8312016Revenue 2017: $1,320,438Expenses 2017: $1,400,977Net Income 2017: -$80,5392017Revenue 2018: $1,390,089Expenses 2018: $1,403,527Net Income 2018: -$13,4382018Revenue 2019: $1,596,554Expenses 2019: $1,435,386Net Income 2019: $161,1682019Revenue 2020: $1,935,212Expenses 2020: $1,368,612Net Income 2020: $566,6002020Revenue 2021: $1,924,736Expenses 2021: $1,386,055Net Income 2021: $538,6812021Revenue 2022: $2,260,393Expenses 2022: $1,485,837Net Income 2022: $774,5562022Revenue 2023: $1,565,781Expenses 2023: $1,617,804Net Income 2023: -$52,0232023Revenue 2024: $1,861,502Expenses 2024: $1,619,790Net Income 2024: $241,7122024

Highlighted filing

2014

Revenue$1,262,941
Expenses$1,324,216
Net Income-$61,275
Jump To
Filing Snapshot
Filing Period
Jul 1, 2013 to Jun 30, 2014
Signed
Sep 19, 2014
Return Version
2013v3.0
Gross Receipts
$1,262,941
Mission and Program Overview

Mission

The library serves as an anchor for community and civic life, providing opportunities for life-long learning, and encouraging life-enrichment and cultural engagement at the personal and social level for all community members.

To use revenue through donations, grants, etc. To conduct regular library operations.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$2,390,913$2,292,280▼ $98,633
Savings and Temporary Cash Investments$707,464$711,033▲ $3,569
Investments Other Securities$591,964$694,521▲ $102,557
Cash and Non-Interest-Bearing Accounts$7,151$49,022▲ $41,871
Total Assets$3,697,492$3,746,856▲ $49,364
Liabilities
Deferred Revenue$105,097$105,097→ $0
Accounts Payable and Accrued Expenses$49$6▼ $43
Total Liabilities$105,146$105,103▼ $43
Net Assets / Fund Balance
Unrestricted Net Assets$2,630,336$2,558,732▼ $71,604
Temporarily Rstr Net Assets$962,010$1,083,021▲ $121,011
Total Net Assets Fund Balance$3,592,346$3,641,753▲ $49,407
Total Liabilities and Net Assets / Fund Balance$3,697,492$3,746,856▲ $49,364

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$373,538$6,789,585$7,163,123
Buildings$1,493,742$1,398,136$2,891,878
Land$425,000-$425,000
Other Securities$387,901--

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2013$537,225-▲ $90,434-$627,301
2012$460,040-▲ $77,450-$537,225
2011$443,759-▲ $16,565-$460,040
2010$336,679$50,000▲ $63,081$5,000$443,759
2009$192,926$118,764▲ $25,259-$336,679
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Anne FrankDirectorFT$77,039$19,096$96,135

Board Members and Trustees

NameTitle
Cathie MccauleyPresident
Karen KieserVice President
Doug LeardTrustee
Dr John ValentineTrustee
Francine TomlinsonTrustee
Nancy MayorTrustee
Paul TroyTrustee
Denny WhalenSecretary
Dr Gerry LieblingTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$1,180,451
Program Service Revenue
$62,097
Investment Income
$20,393
Other Revenue
$0
All Other Contributions
$50,368
Change in Net Assets
$-61,275

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,262,941
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$110,682
Total Revenue per Audited Statements
$1,373,623
Total Revenue per Form 990
$1,262,941
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$798,625
Other Expenses$525,591
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$425,277$167,466-$592,743
Depreciation Depletion$264,823--$264,823
Current Officers, Directors, Trustees, and Key Employees-$77,039-$77,039
All Other Expenses$48,378$25,213-$73,591
Payroll Taxes$44,636$14,879-$59,515
Other Employee Benefits$44,238$1,134-$45,372
Occupancy$30,054$10,018-$40,072
Information Technology$32,063--$32,063
Pension Plan Contributions$17,967$5,989-$23,956
Insurance$17,135--$17,135
Other Expenses$11,227--$11,227
Fees for Services Accounting-$8,523-$8,523
Office Expenses$5,036$1,679-$6,715
Travel$694$231-$925
Conferences and Meetings$618--$618
Total Functional Expenses$1,012,045$312,171$0$1,324,216

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$1,324,216
Total Expenses per Audited Statements$1,324,216
Total Expenses per Form 990$1,324,216
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
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
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
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
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11

Library director reviews draft of form 990 with board of trustees.

Form 990, Part VI, Section B, Line 15

Library director submits report to board of trustees recommending annual compensation for staff. Board approval is required. Board members determine annual compensation for library director.

Form 990, Part VI, Section C, Line 19

The library keeps copies of documents in both branches. These documents are provided upon request.

Filing and Contact Details

Filer

EIN
23-6390949
Phone
2156431320

Signing Officer

Name
Anne Frank
Title
Director
Phone
2156431320
Signed
2014-09-19
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Anne Frank
Formed
1984
Legal Domicile
Pa
Voting Board Members
9
Independent Board Members
9
Employees
51
Volunteers
63

Preparer

Preparer
Edward J Furman CPA
Phone
6109351420
Supplemental Narrative

Additional Explanations

FORM 990, PART XII, LINE 2C:

Form 990, part xii, line 2c, the committee oversees the selecting an independent accountant. It also reviews and oversees the financial statement preparation process. No changes from prior year.

Raw XML AppendixShowing 400 of 495 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.

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IRS990/Desc0THE WISSAHICKON VALLEY PUBLIC LIBRARY (WVPL) HAD 180,509 VISITS BY 23,254 REGISTERED USERS AT ITS MAIN LIBRARY IN BLUE BELL AND ITS AMBLER BRANCH. WVPL CIRCULATED 346,907 ITEMS INCLUDING EBOOKS, EMAGAZINES, EAUDIO BOOKS, PRINT BOOKS, DVDS, VIDEOGAMES AND AUDIO BOOKS. THE LIBRARY HELD 1,166 EVENTS AT WHICH 21,978 PEOPLE ATTENDED. WVPL ANSWERED 6,307 REFERENCE QUESTIONS. LIBRARY USERS HAD 11,281 DESKTOP COMPUTER/WIFI SESSIONS AND COMPLETED 457,472 DATABASE SEARCHES.
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0LIBRARY DIRECTOR REVIEWS DRAFT OF FORM 990 WITH BOARD OF TRUSTEES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1LIBRARY DIRECTOR SUBMITS REPORT TO BOARD OF TRUSTEES RECOMMENDING ANNUAL COMPENSATION FOR STAFF. BOARD APPROVAL IS REQUIRED. BOARD MEMBERS DETERMINE ANNUAL COMPENSATION FOR LIBRARY DIRECTOR.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE LIBRARY KEEPS COPIES OF DOCUMENTS IN BOTH BRANCHES. THESE DOCUMENTS ARE PROVIDED UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3FORM 990, PART XII, LINE 2C, THE COMMITTEE OVERSEES THE SELECTING AN INDEPENDENT ACCOUNTANT. IT ALSO REVIEWS AND OVERSEES THE FINANCIAL STATEMENT PREPARATION PROCESS. NO CHANGES FROM PRIOR YEAR.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 15
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART XII, LINE 2C:
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