Civic Intelligence

Lititz Public Library Inc.

990 • Fiscal year 2018 • EIN 23-6406263

Jan 01, 2018 to Dec 31, 2018 • Filed on Feb 15, 2019

651 Kissel Hill RoadLititz, PA 17543

(717) 626-2255

Siviq Scores

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

Liabilities / Assets

20th percentile

0.00x

Higher debt load relative to assets than 20% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Liabilities / Revenue

20th percentile

0.01x

Higher debt load relative to revenue than 20% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Net Margin

65th percentile

9.6%

Higher net margin than 65% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Top Officer Pay

55th percentile

$73,674

Higher top officer pay than 55% of similar nonprofits.

Top officer pay equals 10.6% of source-year revenue.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Asset Growth

35th percentile

-2.4%

Faster asset growth than 35% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2017 to 2018

Revenue Growth

66th percentile

12%

Faster revenue growth than 66% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2017 to 2018

Assets

Down

$2,040,529

Down $50,478 (-2.4%) from 2017

Net Assets

Down

$2,035,529

Down $55,478 (-2.7%) from 2017

Liabilities

Up

$5,000

Up $5,000 from 2017

Revenue

Up

$697,774

Up $73,123 (+12%) from 2017

Expenses

Down

$630,490

Down $39,047 (-5.8%) from 2017

Net Income

Up

$67,284

Up $112,170 (+250%) from 2017

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$3.0M$2.0M$1.0M$0Assets 2012: $2,175,509Liabilities 2012: $1,125Net Assets 2012: $2,174,3842012Assets 2013: $2,261,730Liabilities 2013: $1,154Net Assets 2013: $2,260,5762013Assets 2014: $2,248,458Liabilities 2014: $1,170Net Assets 2014: $2,247,2882014Assets 2015: $2,141,499Liabilities 2015: $0Net Assets 2015: $2,141,4992015Assets 2016: $2,010,848Liabilities 2016: $0Net Assets 2016: $2,010,8482016Assets 2017: $2,091,007Liabilities 2017: $0Net Assets 2017: $2,091,0072017Assets 2018: $2,040,529Liabilities 2018: $5,000Net Assets 2018: $2,035,5292018Assets 2019: $2,254,050Liabilities 2019: $543Net Assets 2019: $2,253,5072019Assets 2020: $2,509,974Liabilities 2020: $543Net Assets 2020: $2,509,4312020Assets 2021: $2,724,312Liabilities 2021: $543Net Assets 2021: $2,723,7692021Assets 2022: $2,416,497Liabilities 2022: $1,496Net Assets 2022: $2,415,0012022Assets 2023: $2,567,212Liabilities 2023: $543Net Assets 2023: $2,566,6692023Assets 2024: $2,775,688Liabilities 2024: $543Net Assets 2024: $2,775,1452024

Highlighted filing

2018

Assets$2,040,529
Liabilities$5,000
Net Assets$2,035,529

Operations Trend

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

$1.0M$500K$0-$500KExpenses 2012: $602,3222012Revenue 2013: $626,044Expenses 2013: $631,439Net Income 2013: -$5,3952013Revenue 2014: $635,052Expenses 2014: $652,790Net Income 2014: -$17,7382014Revenue 2015: $621,368Expenses 2015: $636,830Net Income 2015: -$15,4622015Revenue 2016: $552,817Expenses 2016: $724,085Net Income 2016: -$171,2682016Revenue 2017: $624,651Expenses 2017: $669,537Net Income 2017: -$44,8862017Revenue 2018: $697,774Expenses 2018: $630,490Net Income 2018: $67,2842018Revenue 2019: $649,481Expenses 2019: $631,728Net Income 2019: $17,7532019Revenue 2020: $750,203Expenses 2020: $610,229Net Income 2020: $139,9742020Revenue 2021: $814,705Expenses 2021: $659,404Net Income 2021: $155,3012021Revenue 2022: $912,285Expenses 2022: $738,150Net Income 2022: $174,1352022Revenue 2023: $703,912Expenses 2023: $823,359Net Income 2023: -$119,4472023Revenue 2024: $910,433Expenses 2024: $810,347Net Income 2024: $100,0862024

Highlighted filing

2018

Revenue$697,774
Expenses$630,490
Net Income$67,284
Jump To
Filing Snapshot
Filing Period
Jan 1, 2018 to Dec 31, 2018
Signed
Feb 15, 2019
Return Version
2018v3.1
Gross Receipts
$2,134,434
Mission and Program Overview

Mission

The mission of the lititz public library is to provide materials, services, and programs for educational, recreational, and cultural enrichment to residents of lititz borough, warwick township, and elizabeth township.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$1,232,594$1,199,333▼ $33,261
Land, Buildings, and Equipment, Net$685,376$651,338▼ $34,038
Savings and Temporary Cash Investments$173,037$189,858▲ $16,821
Total Assets$2,091,007$2,040,529▼ $50,478
Liabilities
Deferred Revenue-$5,000-
Total Liabilities$0$5,000▲ $5,000
Net Assets / Fund Balance
Unrestricted Net Assets$1,839,961$1,817,574▼ $22,387
Temporarily Rstr Net Assets$251,046$217,955▼ $33,091
Total Net Assets Fund Balance$2,091,007$2,035,529▼ $55,478
Total Liabilities and Net Assets / Fund Balance$2,091,007$2,040,529▼ $50,478

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$637,474$768,351$1,405,825
Other Land Buildings$8,000$269,515$277,515
Equipment$4,407$71,567$75,974
Leasehold Improvements$1,457$1,721$3,178

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2018$1,232,594$107,015▼ $71,564$17,500$1,241,340
2017$1,086,201-▲ $172,561$17,500$1,232,594
2016$1,229,625-▲ $69,955$204,500$1,086,202
2015$1,266,476-▼ $17,423$10,000$1,229,625
2014$1,194,744-▲ $91,066$10,000$1,266,476
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Susan TennantDirectorFT$70,166$3,508$73,674
Karen PayonkAssistant DiFT$50,614$2,531$53,145

Board Members and Trustees

NameTitle
Carol DeemPresident
Carol ZartmanTrustee
Kristin WengerTrustee
Leslie SpurrierTrustee
Seth HillerTrustee
Chrissy DesimoneSecretary
Lisa EndersTreasurer
Martha SheafferVice Preside
Revenue and Support

Revenue Composition

Contributions and Grants
$586,869
Program Service Revenue
$40,438
Investment Income
$42,019
Other Revenue
$28,448
All Other Contributions
$319,977
Change in Net Assets
$67,284

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
No
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Securities Publicly Traded1,033$107,015Fair Market Value (FMV)
Total Noncash Contributions1,033$107,015-

Audited Revenue Reconciliation

Revenue per Audited Statements
$697,774
Revenue Not Reported on Form 990
$-101,091
Total Revenue per Audited Statements
$596,683
Total Revenue per Form 990
$697,774
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$420,572
Other Expenses$209,918
Total Fundraising Expense$11,620
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$195,751$62,530-$258,281
Current Officers, Directors, Trustees, and Key Employees$94,989$31,830-$126,819
Occupancy$34,350$1,063-$35,413
Depreciation Depletion$33,016$1,021-$34,037
Payroll Taxes$25,886$7,584-$33,470
Other Expenses$16,370$4,487$11,620$11,620
Fees for Services Accounting-$8,460-$8,460
Insurance$5,378$1,862-$7,240
Pension Plan Contributions$1,143$859-$2,002
All Other Expenses$1,339$468-$1,807
Office Expenses$717$717-$1,434
Information Technology$1,214$38-$1,252
Total Functional Expenses$497,951$120,919$11,620$630,490

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$652,161
Expenses per Audited Statements$630,490
Total Expenses per Form 990$630,490
Expenses Not Reported on Form 990$21,671
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$34,941
Fundraising Direct Expenses$6,833
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Book Sales$34,941$34,941$6,833$28,108
Total Events$34,941$34,941$6,833$28,108
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
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, Page 6, Part VI, Line 11B

The cpa preparing form 990 sends a draft copy of the return to treasurer prior to filing who in turn provides it to the board of directors.

Form 990, Page 6, Part VI, Line 12C

The library makes sure that new board members receive a copy of the conflict of interest policy. Existing board members are asked to sign that they are in compliance on an annual basis.

Form 990, Page 6, Part VI, Line 15A

The board does the review of the director and determines the salary. The discussion of the director's review is documented in the board minutes.

Form 990, Page 6, Part VI, Line 19

The organizations governing documents, conflict of interest policy and financial statements are available to the public upon request to the executive director of the library.

Filing and Contact Details

Filer

Filer Name
Lititz Public Library Inc
EIN
23-6406263
Phone
7176262255
Address
651 KISSEL HILL ROAD, LITITZ, PA 17543

Signing Officer

Name
Lisa Enders
Title
Treasurer
Phone
7176262255
Signed
2019-02-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Carol Deem
Formed
1964
Legal Domicile
Pa
Voting Board Members
8
Independent Board Members
8
Employees
28
Volunteers
178

Preparer

Firm
Sager Swisher & Company Llp
Address
619 WEST CHESTNUT STREET, LANCASTER, PA 17603
Preparer
John D Murr CPA
Phone
7172994563
Supplemental Narrative

Additional Explanations

Form 990, Page 1, Part I, Line 6

Volunteers are vital to the running of the library. Volunteers help with shelving, shelf monitoring, gardening and book sales.

Form 990, Page 2, Part III, Line 4A

The lititz public library has been true to a strategic vision that imagines a vibrant hub for learning and recreation, offering not only a wide variety of leisure-reading and educational resources, but lots of entertaining and enriching programs as well. Our library is a place where people can learn something new and connect with others in the community. Activities focus on building literacy skills. This primarily means literacy in the classic sense; we provide programs and resources that help our children learn to read so they can succeed in school. We also recognize our role in promoting digital literacy, the variety of skills that include everything from the ability to search a database and retrieve information for lifelong learning to the ability to complete and disseminate an online resume in a job search to troubleshooting the new digital device a patron received as a gift. Activities also focus on lifelong enrichment. Our aging population and the increasing amount of time people spend in retirement results in a demand for engaging leisure activities. Additionally, in an economy where automation and globalization are adapting and even eliminating certain jobs, workers will most see the continual need for informal learning as a way of life. We recognize our role in providing dynamic, engaging programs that bridge the gap between formal education and learning for self- enrichment. Statistics illustrate the community's engagement with our library. The library was open to the public 60 hours each week and provided access to over 71,611 books, audiobooks, ebooks, e-audiobooks, films and music cds for use by the public at no charge. These items were borrowed 420,470 times in 2018. Three library staff members hold a professional masters- level degree. Library staff provided early literacy programs in preschools. 178 volunteers provided a variety of essential services. Public internet computers were used 13,182 times and there were 10,851 wireless logins. 18,672 adults, teens and children attended 616 library programs, including storytimes, stem activities for youth, book and film discussions, informational presentations and special events. The library partnered with over 50 schools and organizations. Friends of the library activities included used book sales and fundraising bus trips.

Form 990, Part XI, Line 9

Investment fees netted with revenue -9,205

Financial Statement Notes

Schedule D, Page 2, Part V, Line 4

There are two endowment funds one of which is restricted for the purchase of books and the second is to be used at board discretion to supplement the operating budget.

Schedule D, Page 3, Part X

The organization has adopted the provisions of fasb asc topic relating to income taxes, relating to accounting for uncertainty in income taxes. The organization recognizes the benefits or liabilities associated with a tax position during the period which, based on available evidence, management believes it is more likely than not that the postion will be upheld upon examination. Tax positions that are other than routine business transactions are reevaluated annually. Generally, the statute of limitations for filed returns is three years from the date of filing. Management is not aware of any uncertain tax positions taken by the organization.

Schedule D, Page 4, Part XI, Line 2D

Investment fees netted with revenue -9,205

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IRS990/Desc0THE LITITZ PUBLIC LIBRARY HAS BEEN TRUE TO A STRATEGIC VISION THAT IMAGINES A VIBRANT HUB FOR LEARNING AND RECREATION, OFFERING NOT ONLY A WIDE VARIETY OF LEISURE-READING AND EDUCATIONAL RESOURCES, BUT LOTS OF ENTERTAINING AND ENRICHING PROGRAMS AS WELL. OUR LIBRARY IS A PLACE WHERE PEOPLE CAN LEARN SOMETHING NEW AND CONNECT WITH OTHERS IN THE COMMUNITY. ACTIVITIES FOCUS ON BUILDING LITERACY SKILLS. THIS PRIMARILY MEANS LITERACY IN THE CLASSIC SENSE; WE PROVIDE PROGRAMS AND RESOURCES THAT HELP OUR CHILDREN LEARN TO READ SO THEY CAN SUCCEED IN SCHOOL. WE ALSO RECOGNIZE OUR ROLE IN PROMOTING DIGITAL LITERACY, THE VARIETY OF SKILLS THAT INCLUDE EVERYTHING FROM THE ABILITY TO SEARCH A DATABASE AND RETRIEVE INFORMATION FOR LIFELONG LEARNING TO THE ABILITY TO COMPLETE AND DISSEMINATE AN ONLINE RESUME IN A JOB SEARCH TO TROUBLESHOOTING THE NEW DIGITAL DEVICE A PATRON RECEIVED AS A GIFT. ACTIVITIES ALSO FOCUS ON LIFELONG ENRICHMENT. OUR AGING POPULATION AND THE INCREASING AMOUNT OF TIME PEOPLE SPEND IN RETIREMENT RESULTS IN A DEMAND FOR ENGAGING LEISURE ACTIVITIES. ADDITIONALLY, IN AN ECONOMY WHERE AUTOMATION AND GLOBALIZATION ARE ADAPTING AND EVEN ELIMINATING CERTAIN JOBS, WORKERS WILL MOST SEE THE CONTINUAL NEED FOR INFORMAL LEARNING AS A WAY OF LIFE. WE RECOGNIZE OUR ROLE IN PROVIDING DYNAMIC, ENGAGING PROGRAMS THAT BRIDGE THE GAP BETWEEN FORMAL EDUCATION AND LEARNING FOR SELF- ENRICHMENT. STATISTICS ILLUSTRATE THE COMMUNITY'S ENGAGEMENT WITH OUR LIBRARY. THE LIBRARY WAS OPEN TO THE PUBLIC 60 HOURS EACH WEEK AND PROVIDED ACCESS TO OVER 71,611 BOOKS, AUDIOBOOKS, EBOOKS, E-AUDIOBOOKS, FILMS AND MUSIC CDS FOR USE BY THE PUBLIC AT NO CHARGE. THESE ITEMS WERE BORROWED 420,470 TIMES IN 2018. THREE LIBRARY STAFF MEMBERS HOLD A PROFESSIONAL MASTERS- LEVEL DEGREE. LIBRARY STAFF PROVIDED EARLY LITERACY PROGRAMS IN PRESCHOOLS. 178 VOLUNTEERS PROVIDED A VARIETY OF ESSENTIAL SERVICES. PUBLIC INTERNET COMPUTERS WERE USED 13,182 TIMES AND THERE WERE 10,851 WIRELESS LOGINS. 18,672 ADULTS, TEENS AND CHILDREN ATTENDED 616 LIBRARY PROGRAMS, INCLUDING STORYTIMES, STEM ACTIVITIES FOR YOUTH, BOOK AND FILM DISCUSSIONS, INFORMATIONAL PRESENTATIONS AND SPECIAL EVENTS. THE LIBRARY PARTNERED WITH OVER 50 SCHOOLS AND ORGANIZATIONS. FRIENDS OF THE LIBRARY ACTIVITIES INCLUDED USED BOOK SALES AND FUNDRAISING BUS TRIPS.
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IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THERE ARE TWO ENDOWMENT FUNDS ONE OF WHICH IS RESTRICTED FOR THE PURCHASE OF BOOKS AND THE SECOND IS TO BE USED AT BOARD DISCRETION TO SUPPLEMENT THE OPERATING BUDGET.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1THE ORGANIZATION HAS ADOPTED THE PROVISIONS OF FASB ASC TOPIC RELATING TO INCOME TAXES, RELATING TO ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES. THE ORGANIZATION RECOGNIZES THE BENEFITS OR LIABILITIES ASSOCIATED WITH A TAX POSITION DURING THE PERIOD WHICH, BASED ON AVAILABLE EVIDENCE, MANAGEMENT BELIEVES IT IS MORE LIKELY THAN NOT THAT THE POSTION WILL BE UPHELD UPON EXAMINATION. TAX POSITIONS THAT ARE OTHER THAN ROUTINE BUSINESS TRANSACTIONS ARE REEVALUATED ANNUALLY. GENERALLY, THE STATUTE OF LIMITATIONS FOR FILED RETURNS IS THREE YEARS FROM THE DATE OF FILING. MANAGEMENT IS NOT AWARE OF ANY UNCERTAIN TAX POSITIONS TAKEN BY THE ORGANIZATION.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt2INVESTMENT FEES NETTED WITH REVENUE -9,205
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE D, PAGE 2, PART V, LINE 4
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1SCHEDULE D, PAGE 3, PART X
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc2SCHEDULE D, PAGE 4, PART XI, LINE 2D
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0VOLUNTEERS ARE VITAL TO THE RUNNING OF THE LIBRARY. VOLUNTEERS HELP WITH SHELVING, SHELF MONITORING, GARDENING AND BOOK SALES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE LITITZ PUBLIC LIBRARY HAS BEEN TRUE TO A STRATEGIC VISION THAT IMAGINES A VIBRANT HUB FOR LEARNING AND RECREATION, OFFERING NOT ONLY A WIDE VARIETY OF LEISURE-READING AND EDUCATIONAL RESOURCES, BUT LOTS OF ENTERTAINING AND ENRICHING PROGRAMS AS WELL. OUR LIBRARY IS A PLACE WHERE PEOPLE CAN LEARN SOMETHING NEW AND CONNECT WITH OTHERS IN THE COMMUNITY. ACTIVITIES FOCUS ON BUILDING LITERACY SKILLS. THIS PRIMARILY MEANS LITERACY IN THE CLASSIC SENSE; WE PROVIDE PROGRAMS AND RESOURCES THAT HELP OUR CHILDREN LEARN TO READ SO THEY CAN SUCCEED IN SCHOOL. WE ALSO RECOGNIZE OUR ROLE IN PROMOTING DIGITAL LITERACY, THE VARIETY OF SKILLS THAT INCLUDE EVERYTHING FROM THE ABILITY TO SEARCH A DATABASE AND RETRIEVE INFORMATION FOR LIFELONG LEARNING TO THE ABILITY TO COMPLETE AND DISSEMINATE AN ONLINE RESUME IN A JOB SEARCH TO TROUBLESHOOTING THE NEW DIGITAL DEVICE A PATRON RECEIVED AS A GIFT. ACTIVITIES ALSO FOCUS ON LIFELONG ENRICHMENT. OUR AGING POPULATION AND THE INCREASING AMOUNT OF TIME PEOPLE SPEND IN RETIREMENT RESULTS IN A DEMAND FOR ENGAGING LEISURE ACTIVITIES. ADDITIONALLY, IN AN ECONOMY WHERE AUTOMATION AND GLOBALIZATION ARE ADAPTING AND EVEN ELIMINATING CERTAIN JOBS, WORKERS WILL MOST SEE THE CONTINUAL NEED FOR INFORMAL LEARNING AS A WAY OF LIFE. WE RECOGNIZE OUR ROLE IN PROVIDING DYNAMIC, ENGAGING PROGRAMS THAT BRIDGE THE GAP BETWEEN FORMAL EDUCATION AND LEARNING FOR SELF- ENRICHMENT. STATISTICS ILLUSTRATE THE COMMUNITY'S ENGAGEMENT WITH OUR LIBRARY. THE LIBRARY WAS OPEN TO THE PUBLIC 60 HOURS EACH WEEK AND PROVIDED ACCESS TO OVER 71,611 BOOKS, AUDIOBOOKS, EBOOKS, E-AUDIOBOOKS, FILMS AND MUSIC CDS FOR USE BY THE PUBLIC AT NO CHARGE. THESE ITEMS WERE BORROWED 420,470 TIMES IN 2018. THREE LIBRARY STAFF MEMBERS HOLD A PROFESSIONAL MASTERS- LEVEL DEGREE. LIBRARY STAFF PROVIDED EARLY LITERACY PROGRAMS IN PRESCHOOLS. 178 VOLUNTEERS PROVIDED A VARIETY OF ESSENTIAL SERVICES. PUBLIC INTERNET COMPUTERS WERE USED 13,182 TIMES AND THERE WERE 10,851 WIRELESS LOGINS. 18,672 ADULTS, TEENS AND CHILDREN ATTENDED 616 LIBRARY PROGRAMS, INCLUDING STORYTIMES, STEM ACTIVITIES FOR YOUTH, BOOK AND FILM DISCUSSIONS, INFORMATIONAL PRESENTATIONS AND SPECIAL EVENTS. THE LIBRARY PARTNERED WITH OVER 50 SCHOOLS AND ORGANIZATIONS. FRIENDS OF THE LIBRARY ACTIVITIES INCLUDED USED BOOK SALES AND FUNDRAISING BUS TRIPS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE CPA PREPARING FORM 990 SENDS A DRAFT COPY OF THE RETURN TO TREASURER PRIOR TO FILING WHO IN TURN PROVIDES IT TO THE BOARD OF DIRECTORS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE LIBRARY MAKES SURE THAT NEW BOARD MEMBERS RECEIVE A COPY OF THE CONFLICT OF INTEREST POLICY. EXISTING BOARD MEMBERS ARE ASKED TO SIGN THAT THEY ARE IN COMPLIANCE ON AN ANNUAL BASIS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE BOARD DOES THE REVIEW OF THE DIRECTOR AND DETERMINES THE SALARY. THE DISCUSSION OF THE DIRECTOR'S REVIEW IS DOCUMENTED IN THE BOARD MINUTES.

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