Civic Intelligence

Schlow Library Foundation Inc

EIN 23-7269521 • 501(c)3 • State College, PA

Profile

To provide crucial advocacy, financial, and volunteer support for schlow library activities. The foundation works to ensure that schlow library services will continue without interruption through fundraising projects and outreach programs.

211 South Allen StreetState College, PA 16801

www.schlowlibrary.org/FRIENDS

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

21st percentile

0.00x

Higher debt load relative to assets than 21% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Liabilities / Revenue

22nd percentile

0.00x

Higher debt load relative to revenue than 22% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Net Margin

42nd percentile

0.9%

Higher net margin than 42% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

64th percentile

9.5%

Faster asset growth than 64% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2022 to 2024

Revenue Growth

70th percentile

21%

Faster revenue growth than 70% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2022 to 2024

Assets

Up

$1,088,543

Up $38,433 (+3.7%) from 2023

Liabilities

Up

$870

Up $137 (+19%) from 2023

Net Assets

Up

$1,087,673

Up $38,296 (+3.6%) from 2023

Revenue

Up

$432,020

Up $97,708 (+29%) from 2023

Expenses

Up

$428,254

Up $180,777 (+73%) from 2023

Net Income

Down

$3,766

Down $83,069 (-96%) from 2023

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$1.5M$1.0M$500K$0Assets 2014: $114,609Liabilities 2014: $0Net Assets 2014: $114,6092014Assets 2015: $130,908Liabilities 2015: $0Net Assets 2015: $130,9082015Assets 2016: $381,747Liabilities 2016: $0Net Assets 2016: $381,7472016Assets 2017: $736,801Liabilities 2017: $981Net Assets 2017: $735,8202017Assets 2018: $759,918Liabilities 2018: $5,855Net Assets 2018: $754,0632018Assets 2019: $815,816Liabilities 2019: $5,099Net Assets 2019: $810,7172019Assets 2020: $874,440Liabilities 2020: $793Net Assets 2020: $873,6472020Assets 2021: $1,032,178Liabilities 2021: $838Net Assets 2021: $1,031,3402021Assets 2022: $907,530Liabilities 2022: $794Net Assets 2022: $906,7362022Assets 2023: $1,050,110Liabilities 2023: $733Net Assets 2023: $1,049,3772023Assets 2024: $1,088,543Liabilities 2024: $870Net Assets 2024: $1,087,6732024

Highlighted filing

2024

Assets$1,088,543
Liabilities$870
Net Assets$1,087,673

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$800K$600K$400K$200K$0-$200KRevenue 2014: $93,636Expenses 2014: $52,361Net Income 2014: $41,2752014Revenue 2015: $71,764Expenses 2015: $55,465Net Income 2015: $16,2992015Revenue 2016: $419,413Expenses 2016: $216,353Net Income 2016: $203,0602016Revenue 2017: $768,592Expenses 2017: $422,441Net Income 2017: $346,1512017Revenue 2018: $399,531Expenses 2018: $317,228Net Income 2018: $82,3032018Revenue 2019: $198,470Expenses 2019: $229,802Net Income 2019: -$31,3322019Revenue 2020: $278,973Expenses 2020: $232,152Net Income 2020: $46,8212020Revenue 2021: $336,667Expenses 2021: $245,341Net Income 2021: $91,3262021Revenue 2022: $293,817Expenses 2022: $243,385Net Income 2022: $50,4322022Revenue 2023: $334,312Expenses 2023: $247,477Net Income 2023: $86,8352023Revenue 2024: $432,020Expenses 2024: $428,254Net Income 2024: $3,7662024

Highlighted filing

2024

Revenue$432,020
Expenses$428,254
Net Income$3,766

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Jun 2, 2025
Return Version
2024v5.1
Gross Receipts
$432,020
Mission and Program Overview

Mission

To provide crucial advocacy, financial, and volunteer support for schlow library activities. The foundation works to ensure that schlow library services will continue without interruption through fundraising projects and outreach programs.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$879,004$943,460▲ $64,456
Savings and Temporary Cash Investments$171,106$145,083▼ $26,023
Total Assets$1,050,110$1,088,543▲ $38,433
Liabilities
Accounts Payable and Accrued Expenses$733$870▲ $137
Total Liabilities$733$870▲ $137
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$1,049,377$1,087,673▲ $38,296
Total Net Assets Fund Balance$1,049,377$1,087,673▲ $38,296
Total Liabilities and Net Assets / Fund Balance$1,050,110$1,088,543▲ $38,433
Compensation and Service Providers

Board Members and Trustees

NameTitle
Maureen WeleskoPresident
Virginia SquierVice President
Jane StantonBoard Member
Lynn PetnickBoard Member
Nancy ChiswickBoard Member
Peg HambrickBoard Member
Ruth ZipserBoard Member
Sharon RovansekBoard Member
Tom KingBoard Member
Robin BartonTrustees Liason
Carol RazemAssistant Treasurer
Mac RaybackSecretary
Cathy HoslingTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$339,666
Program Service Revenue
$0
Investment Income
$92,354
Other Revenue
$0
All Other Contributions
$339,666
Change in Net Assets
$3,766

Audited Revenue Reconciliation

Revenue per Audited Statements
$432,020
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$34,530
Total Revenue per Audited Statements
$466,550
Total Revenue per Form 990
$432,020
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$381,892
Other Expenses$46,362
Total Fundraising Expense$9,736
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$381,892--$381,892
Fees for Services Accounting-$30,077-$30,077
Advertising--$6,085$6,085
Office Expenses-$3,303-$3,303
Other Expenses-$1,685$3,651$1,685
Fees for Services Other-$1,561-$1,561
Total Functional Expenses$381,892$36,626$9,736$428,254

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$428,254
Total Expenses per Audited Statements$428,254
Total Expenses per Form 990$428,254
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Schlow Centre Region LibraryState College, PA-To Provide Financial Support for Library Activities.$381,892
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
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, Section B, Line 11B

The form 990 is reviewed and approved by at least one of the officers of the foundation prior to filing with the irs. The final form 990, as filed with the irs is available to the board of directors.

Form 990, Part VI, Section B, Line 12C

Board members are required to complete and sign a statement affirming that they received the policy, have read and understand the policy, and agreement to comply with the policy.

Form 990, Part VI, Section C, Line 19

The foundation will make these documents available upon request at their office.

Filing and Contact Details

Filer

Filer Name
Schlow Library Foundation Inc
EIN
23-7269521
Phone
8142376238
Address
211 SOUTH ALLEN STREET, STATE COLLEGE, PA 16801

Signing Officer

Name
Cathy Holsing
Title
Treasurer
Phone
8144666104
Signed
2025-06-02
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Cathy Holsing
Formed
1979
Legal Domicile
Pa
Voting Board Members
13
Independent Board Members
13
Employees
0
Volunteers
0

Preparer

Firm
MAHER DUESSEL CPA'S
Address
503 MARTINDALE STREET SUITE 600, PITTSBURGH, PA 15212
Preparer
Dustin D Starr
Phone
4124715500
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IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt0324553
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.74580
IRS990ScheduleA/PublicSupportPY170Pct00.75760
IRS990ScheduleA/PublicSupportTotal170Amt01249802
IRS990ScheduleA/SubstantialContributorsTotAmt0101434
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0339666
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0281133
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0235685
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0268591
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0226161
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt01351236
IRS990ScheduleA/TotalSupportAmt01675789
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt0428254
IRS990ScheduleD/NetUnrealizedGainsInvstAmt034530
IRS990ScheduleD/RevenueNotReportedAmt034530
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt0432020
IRS990ScheduleD/TotalBookValueLandBuildingsAmt00
IRS990ScheduleD/TotalExpensesPerForm990Amt0428254
IRS990ScheduleD/TotalRevenuePerForm990Amt0432020
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0466550
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0428254
IRS990ScheduleI/GrantRecordsMaintainedInd00
IRS990ScheduleI/RecipientTable/CashGrantAmt0381892
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt00
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0TO PROVIDE FINANCIAL SUPPORT FOR LIBRARY ACTIVITIES.
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0SCHLOW CENTRE REGION LIBRARY
IRS990ScheduleI/RecipientTable/RecipientEIN0240857113
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt0211 SOUTH ALLEN STREET
IRS990ScheduleI/RecipientTable/USAddress/CityNm0STATE COLLEGE
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd0PA
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd016801
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE FORM 990 IS REVIEWED AND APPROVED BY AT LEAST ONE OF THE OFFICERS OF THE FOUNDATION PRIOR TO FILING WITH THE IRS. THE FINAL FORM 990, AS FILED WITH THE IRS IS AVAILABLE TO THE BOARD OF DIRECTORS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1BOARD MEMBERS ARE REQUIRED TO COMPLETE AND SIGN A STATEMENT AFFIRMING THAT THEY RECEIVED THE POLICY, HAVE READ AND UNDERSTAND THE POLICY, AND AGREEMENT TO COMPLY WITH THE POLICY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE FOUNDATION WILL MAKE THESE DOCUMENTS AVAILABLE UPON REQUEST AT THEIR OFFICE.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION C, LINE 19
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0PA
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt01050110
IRS990/TotalAssetsEOYAmt01088543
IRS990/TotalAssetsGrp/BOYAmt01050110
IRS990/TotalAssetsGrp/EOYAmt01088543
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt0339666
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt09736
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt036626
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0381892
IRS990/TotalFunctionalExpensesGrp/TotalAmt0428254
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0733
IRS990/TotalLiabilitiesEOYAmt0870
IRS990/TotalLiabilitiesGrp/BOYAmt0733
IRS990/TotalLiabilitiesGrp/EOYAmt0870
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt01049377
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt01087673
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0381892
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt092354
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0432020
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt01050110
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt01088543
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0211 SOUTH ALLEN STREET
IRS990/USAddress/CityNm0STATE COLLEGE
IRS990/USAddress/StateAbbreviationCd0PA
IRS990/USAddress/ZIPCd016801
IRS990/VotingMembersGoverningBodyCnt013
IRS990/VotingMembersIndependentCnt013
IRS990/WebsiteAddressTxt0WWW.SCHLOWLIBRARY.ORG/FRIENDS
IRS990/WhistleblowerPolicyInd00
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0CATHY HOLSING
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0TREASURER
ReturnHeader/BusinessOfficerGrp/PhoneNum08144666104
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-06-02
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0SCHLOW LIBRARY FOUNDATION INC
ReturnHeader/Filer/BusinessNameControlTxt0SCHL
ReturnHeader/Filer/EIN0237269521
ReturnHeader/Filer/PhoneNum08142376238
ReturnHeader/Filer/USAddress/AddressLine1Txt0211 SOUTH ALLEN STREET
ReturnHeader/Filer/USAddress/CityNm0STATE COLLEGE
ReturnHeader/Filer/USAddress/StateAbbreviationCd0PA
ReturnHeader/Filer/USAddress/ZIPCd016801
ReturnHeader/IRSResponsiblePrtyInfoCurrInd00
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0251622758
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0MAHER DUESSEL CPA'S
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0503 MARTINDALE STREET SUITE 600
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0PITTSBURGH
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0PA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd015212
ReturnHeader/PreparerPersonGrp/PhoneNum04124715500
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0DUSTIN D STARR
ReturnHeader/ReturnTs02025-06-02T14:29:29-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02024-01-01
ReturnHeader/TaxPeriodEndDt02024-12-31

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