Civic Intelligence

Sullivan Free Library

990 • Fiscal year 2018 • EIN 23-7259944

Jan 01, 2018 to Dec 31, 2018 • Filed on Sep 03, 2019

101 Falls BlvdChittenango, NY 13037

(315) 687-6331

Siviq Scores

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

Liabilities / Assets

74th percentile

0.47x

Higher debt load relative to assets than 74% of similar nonprofits.

2018 filings • NTEE B • $1M-$5M nonprofits • Source year 2018

Liabilities / Revenue

95th percentile

2.14x

Higher debt load relative to revenue than 95% of similar nonprofits.

2018 filings • NTEE B • $1M-$5M nonprofits • Source year 2018

Net Margin

54th percentile

5.3%

Higher net margin than 54% of similar nonprofits.

2018 filings • NTEE B • $1M-$5M nonprofits • Source year 2018

Top Officer Pay

50th percentile

$63,445

Higher top officer pay than 50% of similar nonprofits.

Top officer pay equals 9.6% of source-year revenue.

2018 filings • NTEE B • $1M-$5M nonprofits • Source year 2018

Asset Growth

41st percentile

0.3%

Faster asset growth than 41% of similar nonprofits.

2018 filings • NTEE B • $1M-$5M nonprofits • Annualized from 2017 to 2018

Revenue Growth

13th percentile

-15%

Faster revenue growth than 13% of similar nonprofits.

2018 filings • NTEE B • $1M-$5M nonprofits • Annualized from 2017 to 2018

Assets

Up

$3,034,162

Up $8,949 (+0.3%) from 2017

Net Assets

Up

$1,618,103

Up $35,441 (+2.2%) from 2017

Liabilities

Down

$1,416,059

Down $26,492 (-1.8%) from 2017

Revenue

Down

$662,669

Down $118,312 (-15%) from 2017

Expenses

Up

$627,228

Up $22,254 (+3.7%) from 2017

Net Income

Down

$35,441

Down $140,566 (-80%) from 2017

Historical Trend

Balance Sheet Trend

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

$4.0M$3.0M$2.0M$1.0M$0Assets 2010: $3,032,393Liabilities 2010: $1,600,583Net Assets 2010: $1,431,8102010Assets 2011: $2,981,821Liabilities 2011: $1,580,514Net Assets 2011: $1,401,3072011Assets 2012: $2,908,008Liabilities 2012: $1,559,819Net Assets 2012: $1,348,1892012Assets 2013: $2,877,576Liabilities 2013: $1,538,258Net Assets 2013: $1,339,3182013Assets 2014: $2,848,896Liabilities 2014: $1,515,788Net Assets 2014: $1,333,1082014Assets 2015: $2,852,187Liabilities 2015: $1,492,375Net Assets 2015: $1,359,8122015Assets 2016: $2,874,847Liabilities 2016: $1,468,192Net Assets 2016: $1,406,6552016Assets 2017: $3,025,213Liabilities 2017: $1,442,551Net Assets 2017: $1,582,6622017Assets 2018: $3,034,162Liabilities 2018: $1,416,059Net Assets 2018: $1,618,1032018Assets 2019: $3,084,177Liabilities 2019: $1,388,453Net Assets 2019: $1,695,7242019Assets 2020: $3,277,490Liabilities 2020: $1,359,687Net Assets 2020: $1,917,8032020Assets 2021: $3,411,803Liabilities 2021: $1,329,712Net Assets 2021: $2,082,0912021Assets 2022: $3,327,466Liabilities 2022: $1,298,356Net Assets 2022: $2,029,1102022Assets 2023: $3,337,777Liabilities 2023: $1,265,905Net Assets 2023: $2,071,8722023Assets 2024: $3,213,062Liabilities 2024: $1,232,257Net Assets 2024: $1,980,8052024

Highlighted filing

2018

Assets$3,034,162
Liabilities$1,416,059
Net Assets$1,618,103

Operations Trend

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

$1.0M$500K$0-$500KExpenses 2010: $552,3742010Expenses 2011: $556,5462011Expenses 2012: $580,3452012Revenue 2013: $555,638Expenses 2013: $564,513Net Income 2013: -$8,8752013Revenue 2014: $572,862Expenses 2014: $579,072Net Income 2014: -$6,2102014Revenue 2015: $596,895Expenses 2015: $570,191Net Income 2015: $26,7042015Revenue 2016: $666,113Expenses 2016: $619,270Net Income 2016: $46,8432016Revenue 2017: $780,981Expenses 2017: $604,974Net Income 2017: $176,0072017Revenue 2018: $662,669Expenses 2018: $627,228Net Income 2018: $35,4412018Revenue 2019: $755,406Expenses 2019: $677,785Net Income 2019: $77,6212019Revenue 2020: $800,080Expenses 2020: $679,649Net Income 2020: $120,4312020Revenue 2021: $668,573Expenses 2021: $582,658Net Income 2021: $85,9152021Revenue 2022: $684,745Expenses 2022: $737,726Net Income 2022: -$52,9812022Revenue 2023: $833,254Expenses 2023: $790,492Net Income 2023: $42,7622023Revenue 2024: $740,683Expenses 2024: $831,750Net Income 2024: -$91,0672024

Highlighted filing

2018

Revenue$662,669
Expenses$627,228
Net Income$35,441
Jump To
Filing Snapshot
Filing Period
Jan 1, 2018 to Dec 31, 2018
Signed
Sep 3, 2019
Return Version
2018v3.1
Gross Receipts
$662,669
Mission and Program Overview

Mission

Serving the members of the town of sullivan community by providing materials and services for their recreational, educational, informational, cultural and civic needs.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$2,360,232$2,344,721▼ $15,511
Rtn Earn Endowment Incm Other Fnds$1,582,662$1,618,103▲ $35,441
Savings and Temporary Cash Investments$654,060$676,537▲ $22,477
Cash and Non-Interest-Bearing Accounts$10,921$12,904▲ $1,983
Total Assets$3,025,213$3,034,162▲ $8,949
Liabilities
Mortgage Notes Payable Secured by Investment Property$1,442,551$1,416,059▼ $26,492
Total Liabilities$1,442,551$1,416,059▼ $26,492
Net Assets / Fund Balance
Total Net Assets Fund Balance$1,582,662$1,618,103▲ $35,441
Total Liabilities and Net Assets / Fund Balance$3,025,213$3,034,162▲ $8,949

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$2,183,355$682,956$2,866,311
Land$153,933-$153,933
Equipment$7,433$20,406$27,839
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Karen TraynorExec DirectorFT$63,445$63,445

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$635,277
Program Service Revenue
$25,306
Investment Income
$2,086
Other Revenue
$0
All Other Contributions
$578,932
Change in Net Assets
$35,441
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$358,224
Other Expenses$269,004
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$240,795--$240,795
Depreciation Depletion$71,028$3,080-$74,108
Current Officers, Directors, Trustees, and Key Employees$35,529$27,916-$63,445
Interest$56,058$2,950-$59,008
Other Employee Benefits$28,384$2,807-$31,191
Occupancy$28,533$1,502-$30,035
Payroll Taxes$20,742$2,051-$22,793
All Other Expenses$19,593$298-$19,891
Fees for Services Accounting-$10,710-$10,710
Insurance-$9,716-$9,716
Office Expenses$6,157$126-$6,283
Other Expenses$6,020--$6,020
Conferences and Meetings-$2,115-$2,115
Fees for Services Other$1,000--$1,000
Total Functional Expenses$563,957$63,271$0$627,228
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
Yes
Annual disclosure for covered persons
Yes
Audit committee
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 7A

During annual meetings all adult library card holders are eligible to vote for board positions.

Form 990, Page 6, Part VI, Line 11B

Board treasurer is provided a copy of the return for review and signature prior to filing.

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

Questionaires are provided annually to all board members and reviewed by the president, any potential conflicts are discussed with the entire board.

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

Personnel committee prepares and conducts annual evaluations and recommends salary increases to the board. The board of directors votes on the recommended increase.

Form 990, Page 6, Part VI, Line 19

Governing documents, conflict of interest policy and financial statements are made available to the public on an as requested basis.

Filing and Contact Details

Filer

Filer Name
Sullivan Free Library
EIN
23-7259944
Phone
3156876331
Address
101 FALLS BLVD, CHITTENANGO, NY 13037

Signing Officer

Name
Melody Foster
Title
President
Phone
3156876331
Signed
2019-09-03
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Melody Foster
Voting Board Members
11
Independent Board Members
11
Employees
27
Volunteers
12

Preparer

Firm
Gustafson & Wargo Cpas Llp
Address
3264 SENECA TURNPIKE, CANASTOTA, NY 13032
Preparer
Barbara a Devendorf CPA
Phone
3156972345
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0DURING ANNUAL MEETINGS ALL ADULT LIBRARY CARD HOLDERS ARE ELIGIBLE TO VOTE FOR BOARD POSITIONS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1BOARD TREASURER IS PROVIDED A COPY OF THE RETURN FOR REVIEW AND SIGNATURE PRIOR TO FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2QUESTIONAIRES ARE PROVIDED ANNUALLY TO ALL BOARD MEMBERS AND REVIEWED BY THE PRESIDENT, ANY POTENTIAL CONFLICTS ARE DISCUSSED WITH THE ENTIRE BOARD.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3PERSONNEL COMMITTEE PREPARES AND CONDUCTS ANNUAL EVALUATIONS AND RECOMMENDS SALARY INCREASES TO THE BOARD. THE BOARD OF DIRECTORS VOTES ON THE RECOMMENDED INCREASE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE MADE AVAILABLE TO THE PUBLIC ON AN AS REQUESTED BASIS.
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 11B
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IRS990/USAddress/CityNm0CHITTENANGO
IRS990/USAddress/StateAbbreviationCd0NY
IRS990/USAddress/ZIPCd013037
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IRS990/WebsiteAddressTxt0WWW.SULLIVANFREELIBRARY.ORG
IRS990/WhistleblowerPolicyInd0true
ReturnHeader/BuildTS02019-02-21 02:37:17Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0MELODY FOSTER
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum03156876331
ReturnHeader/BusinessOfficerGrp/SignatureDt02019-09-03
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0SULLIVAN FREE LIBRARY
ReturnHeader/Filer/BusinessNameControlTxt0SULL
ReturnHeader/Filer/EIN0237259944

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.21$1.23$1.98$0.74$0.83$0.09
2023Detailed filing. Detailed filing data is available for this year.$3.34$1.27$2.07$0.83$0.79$0.04
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.33$1.30$2.03$0.68$0.74$0.05
2021Detailed filing. Detailed filing data is available for this year.$3.41$1.33$2.08$0.67$0.58$0.09
2020Detailed filing. Detailed filing data is available for this year.$3.28$1.36$1.92$0.80$0.68$0.12
2019Detailed filing. Detailed filing data is available for this year.$3.08$1.39$1.70$0.76$0.68$0.08
2018Detailed filing. Detailed filing data is available for this year.$3.03$1.42$1.62$0.66$0.63$0.04
2017Detailed filing. Detailed filing data is available for this year.$3.03$1.44$1.58$0.78$0.60$0.18
2016Detailed filing. Detailed filing data is available for this year.$2.87$1.47$1.41$0.67$0.62$0.05
2015Detailed filing. Detailed filing data is available for this year.$2.85$1.49$1.36$0.60$0.57$0.03
2014Detailed filing. Detailed filing data is available for this year.$2.85$1.52$1.33$0.57$0.58$0.01
2013Detailed filing. Detailed filing data is available for this year.$2.88$1.54$1.34$0.56$0.56$0.01
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.91$1.56$1.35$0.58
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.98$1.58$1.40$0.56
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.03$1.60$1.43$0.55