Civic Intelligence

Lititz Public Library Inc.

990 • Fiscal year 2023 • EIN 23-6406263

Jan 01, 2023 to Dec 31, 2023 • Filed on Oct 28, 2024

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

19th percentile

0.00x

Higher debt load relative to assets than 19% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2023

Liabilities / Revenue

19th percentile

0.00x

Higher debt load relative to revenue than 19% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2023

Net Margin

17th percentile

-17%

Higher net margin than 17% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2023

Top Officer Pay

62nd percentile

$88,725

Higher top officer pay than 62% of similar nonprofits.

Top officer pay equals 12.6% of source-year revenue.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2023

Asset Growth

55th percentile

6.2%

Faster asset growth than 55% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2022 to 2023

Revenue Growth

16th percentile

-23%

Faster revenue growth than 16% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2022 to 2023

Assets

Up

$2,567,212

Up $150,715 (+6.2%) from 2022

Net Assets

Up

$2,566,669

Up $151,668 (+6.3%) from 2022

Liabilities

Down

$543

Down $953 (-64%) from 2022

Revenue

Down

$703,912

Down $208,373 (-23%) from 2022

Expenses

Up

$823,359

Up $85,209 (+12%) from 2022

Net Income

Down

-$119,447

Down $293,582 (-169%) from 2022

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

2023

Assets$2,567,212
Liabilities$543
Net Assets$2,566,669

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

2023

Revenue$703,912
Expenses$823,359
Net Income-$119,447
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
Oct 28, 2024
Return Version
2023v5.0
Gross Receipts
$1,802,429
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$1,564,798$1,554,730▼ $10,068
Land, Buildings, and Equipment, Net$681,661$876,175▲ $194,514
Savings and Temporary Cash Investments$170,038$126,372▼ $43,666
Total Assets$2,416,497$2,567,212▲ $150,715
Other Assets Total-$9,935-
Liabilities
Accounts Payable and Accrued Expenses$1,496$543▼ $953
Total Liabilities$1,496$543▼ $953
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$2,167,421$2,288,438▲ $121,017
Net Assets With Donor Restrictions$247,580$278,231▲ $30,651
Total Net Assets Fund Balance$2,415,001$2,566,669▲ $151,668
Total Liabilities and Net Assets / Fund Balance$2,416,497$2,567,212▲ $150,715

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$1,855,751-$1,855,751
Other Land Buildings$277,515-$277,515
Equipment$-1,260,269$1,336,243$75,974
Leasehold Improvements$3,178-$3,178

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2023$1,569,662$10,041▲ $219,317$220,000$1,566,420
2022$1,857,427$51,618▼ $327,347-$1,569,662
2021$1,601,258$102,515▲ $166,497-$1,857,427
2020$1,406,634-▲ $205,017-$1,601,258
2019$1,241,340-▲ $269,382$93,885$1,406,634
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Ryan MccroryExecutive DiFT$88,725$88,725

Board Members and Trustees

NameTitle
Lynette MeckPresident
Amy GerhartBoard Member
Julie MeiskeyBoard Member
Scott BurkyActing Treas
Rob DoddsInternal Aff
Shane SwisherSecretary/go
John WeidmanStrategic Pl
Ramona LungerTreasurer (2
Sherry ChivinskiVice Preside
Revenue and Support

Revenue Composition

Contributions and Grants
$678,859
Program Service Revenue
$63,767
Investment Income
$-53,302
Other Revenue
$14,588
All Other Contributions
$380,569
Change in Net Assets
$-119,447

Audited Revenue Reconciliation

Revenue per Audited Statements
$691,311
Revenue Not Reported on Financial Statements
$12,601
Revenue Not Reported on Form 990
$30,652
Other Revenue Adjustments
$1
Total Revenue per Audited Statements
$721,963
Total Revenue per Form 990
$703,912
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$485,974
Other Expenses$337,385
Total Fundraising Expense$19,970
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$269,265$86,013-$355,278
Current Officers, Directors, Trustees, and Key Employees$67,245$21,480-$88,725
Depreciation Depletion$56,123$1,736-$57,859
Occupancy$48,638$992-$49,630
Payroll Taxes$28,646$8,393-$37,039
Other Expenses$14,648$453$19,970$15,101
Fees for Service Investment Mgmnt Fees-$12,600-$12,600
Information Technology$9,589$296-$9,885
All Other Expenses$8,257--$8,257
Pension Plan Contributions$2,818$2,114-$4,932
Fees for Services Accounting-$3,748-$3,748
Insurance$2,543$881-$3,424
Office Expenses$462$2,046-$2,508
Conferences and Meetings-$1,348-$1,348
Total Functional Expenses$654,915$148,474$19,970$823,359

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$823,359
Expenses per Audited Statements$810,759
Total Expenses per Audited Statements$810,759
Expenses Not Reported on Financial Statements$12,600
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$25,866
Fundraising Direct Expenses$12,746
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Book Sales$25,866$25,866$12,746$13,120
Total Events$25,866$25,866$12,746$13,120
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 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
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 a review of the director and determines the director's salary. The discussion of the director's review is documented in the board minutes.

Form 990, Page 6, Part VI, Line 19

The library's 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
Scott Burky
Title
Acting Treasurer
Phone
7176262255
Signed
2024-10-28
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Lynette Meck
Formed
1964
Legal Domicile
Pa
Voting Board Members
9
Independent Board Members
9
Employees
32
Volunteers
50

Preparer

Firm
Ross Buehler Falk & Company Llp
Address
1500 LITITZ PIKE, LANCASTER, PA 17601-6506
Preparer
Angela M Ducker CPA
Phone
7173932700
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 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 89,096 books, audiobooks, ebooks, e-audiobooks, films, and music cds for use by the public at no charge. These items were borrowed 384,091 times in 2021. Three library staff members hold professional masters-level degrees. Library staff provided early literacy programs in preschools. Approximately 50 volunteers provided a variety of essential services. Public internet computers were used 3,632 times and there were 5,904 wireless logins; 19,559 adults, teens and children attended 881 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.

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. The second is to be used at board discretion to supplement the operating budget.

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

1

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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 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 89,096 BOOKS, AUDIOBOOKS, EBOOKS, E-AUDIOBOOKS, FILMS, AND MUSIC CDS FOR USE BY THE PUBLIC AT NO CHARGE. THESE ITEMS WERE BORROWED 384,091 TIMES IN 2021. THREE LIBRARY STAFF MEMBERS HOLD PROFESSIONAL MASTERS-LEVEL DEGREES. LIBRARY STAFF PROVIDED EARLY LITERACY PROGRAMS IN PRESCHOOLS. APPROXIMATELY 50 VOLUNTEERS PROVIDED A VARIETY OF ESSENTIAL SERVICES. PUBLIC INTERNET COMPUTERS WERE USED 3,632 TIMES AND THERE WERE 5,904 WIRELESS LOGINS; 19,559 ADULTS, TEENS AND CHILDREN ATTENDED 881 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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IRS990/MissionDesc0THE 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.
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IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THERE ARE TWO ENDOWMENT FUNDS, ONE OF WHICH IS RESTRICTED FOR THE PURCHASE OF BOOKS. THE SECOND IS TO BE USED AT BOARD DISCRETION TO SUPPLEMENT THE OPERATING BUDGET.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt11
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE D, PAGE 2, PART V, LINE 4
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1SCHEDULE D, PAGE 4, PART XI, LINE 4B
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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 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 89,096 BOOKS, AUDIOBOOKS, EBOOKS, E-AUDIOBOOKS, FILMS, AND MUSIC CDS FOR USE BY THE PUBLIC AT NO CHARGE. THESE ITEMS WERE BORROWED 384,091 TIMES IN 2021. THREE LIBRARY STAFF MEMBERS HOLD PROFESSIONAL MASTERS-LEVEL DEGREES. LIBRARY STAFF PROVIDED EARLY LITERACY PROGRAMS IN PRESCHOOLS. APPROXIMATELY 50 VOLUNTEERS PROVIDED A VARIETY OF ESSENTIAL SERVICES. PUBLIC INTERNET COMPUTERS WERE USED 3,632 TIMES AND THERE WERE 5,904 WIRELESS LOGINS; 19,559 ADULTS, TEENS AND CHILDREN ATTENDED 881 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.

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