Civic Intelligence

Barrett Friendly Library

990 • Fiscal year 2023 • EIN 24-6000079

Jan 01, 2023 to Dec 31, 2023 • Filed on May 14, 2024

6500 Route 191Cresco, PA 18326

(570) 595-7171

Siviq Scores

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

Liabilities / Assets

28th percentile

0.01x

Higher debt load relative to assets than 28% of similar nonprofits.

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

Liabilities / Revenue

42nd percentile

0.05x

Higher debt load relative to revenue than 42% of similar nonprofits.

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

Net Margin

16th percentile

-20%

Higher net margin than 16% of similar nonprofits.

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

Top Officer Pay

39th percentile

$0

Higher top officer pay than 39% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

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

Asset Growth

32nd percentile

-1.3%

Faster asset growth than 32% of similar nonprofits.

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

Revenue Growth

32nd percentile

-4.1%

Faster revenue growth than 32% of similar nonprofits.

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

Assets

Down

$2,458,507

Down $32,226 (-1.3%) from 2022

Net Assets

Down

$2,442,005

Down $37,222 (-1.5%) from 2022

Liabilities

Up

$16,502

Up $4,996 (+43%) from 2022

Revenue

Down

$320,805

Down $13,820 (-4.1%) from 2022

Expenses

Up

$384,369

Up $25,101 (+7.0%) from 2022

Net Income

Down

-$63,564

Down $38,921 (-158%) 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 2010: $2,911,928Liabilities 2010: $392,167Net Assets 2010: $2,519,7612010Assets 2011: $2,783,544Liabilities 2011: $175,269Net Assets 2011: $2,608,2752011Assets 2014: $2,513,089Liabilities 2014: $1,183Net Assets 2014: $2,511,9062014Assets 2015: $2,535,089Liabilities 2015: $5,682Net Assets 2015: $2,529,4072015Assets 2016: $2,538,257Liabilities 2016: $5,331Net Assets 2016: $2,532,9262016Assets 2017: $2,518,725Liabilities 2017: $6,498Net Assets 2017: $2,512,2272017Assets 2018: $2,484,069Liabilities 2018: $7,398Net Assets 2018: $2,476,6712018Assets 2019: $2,501,577Liabilities 2019: $1,215Net Assets 2019: $2,500,3622019Assets 2020: $2,509,121Liabilities 2020: $50,472Net Assets 2020: $2,458,6492020Assets 2021: $2,550,604Liabilities 2021: $4,756Net Assets 2021: $2,545,8482021Assets 2022: $2,490,733Liabilities 2022: $11,506Net Assets 2022: $2,479,2272022Assets 2023: $2,458,507Liabilities 2023: $16,502Net Assets 2023: $2,442,0052023Assets 2024: $2,424,668Liabilities 2024: $11,710Net Assets 2024: $2,412,9582024

Highlighted filing

2023

Assets$2,458,507
Liabilities$16,502
Net Assets$2,442,005

Operations Trend

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

$600K$400K$200K$0-$200KExpenses 2010: $424,9052010Expenses 2011: $392,7732011Revenue 2014: $388,035Expenses 2014: $360,346Net Income 2014: $27,6892014Revenue 2015: $381,825Expenses 2015: $364,327Net Income 2015: $17,4982015Revenue 2016: $375,850Expenses 2016: $372,332Net Income 2016: $3,5182016Revenue 2017: $381,123Expenses 2017: $401,822Net Income 2017: -$20,6992017Revenue 2018: $357,769Expenses 2018: $393,325Net Income 2018: -$35,5562018Revenue 2019: $433,118Expenses 2019: $409,427Net Income 2019: $23,6912019Revenue 2020: $352,388Expenses 2020: $394,101Net Income 2020: -$41,7132020Revenue 2021: $468,374Expenses 2021: $372,852Net Income 2021: $95,5222021Revenue 2022: $334,625Expenses 2022: $359,268Net Income 2022: -$24,6432022Revenue 2023: $320,805Expenses 2023: $384,369Net Income 2023: -$63,5642023Revenue 2024: $384,298Expenses 2024: $429,873Net Income 2024: -$45,5752024

Highlighted filing

2023

Revenue$320,805
Expenses$384,369
Net Income-$63,564
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
May 14, 2024
Return Version
2023v5.1
Gross Receipts
$330,880
Mission and Program Overview

Mission

PUBLIC LIBRARY

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$1,882,822$1,834,714▼ $48,108
Investments Program Related$355,581$444,473▲ $88,892
Cash and Non-Interest-Bearing Accounts$241,347$174,184▼ $67,163
Prepaid Expenses and Deferred Charges$3,572$4,023▲ $451
Accounts Receivable$7,411$1,113▼ $6,298
Total Assets$2,490,733$2,458,507▼ $32,226
Liabilities
Accounts Payable and Accrued Expenses$8,782$12,478▲ $3,696
Other Liabilities$2,724$4,024▲ $1,300
Total Liabilities$11,506$16,502▲ $4,996
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$2,421,814$2,397,286▼ $24,528
Net Assets With Donor Restrictions$57,413$44,719▼ $12,694
Total Net Assets Fund Balance$2,479,227$2,442,005▼ $37,222
Total Liabilities and Net Assets / Fund Balance$2,490,733$2,458,507▼ $32,226

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$1,792,134$1,245,627$3,037,761
Equipment$42,580$320,850$363,430
Investment Program Related Org$444,473--
Compensation and Service Providers

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$301,648
Program Service Revenue
$0
Investment Income
$924
Other Revenue
$18,233
All Other Contributions
$101,622
Change in Net Assets
$-63,564
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$193,845
Salaries, Compensation, and Employee Benefits$190,524
Total Fundraising Expense$13,300
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$123,915$25,419$9,532$158,866
Depreciation Depletion$79,690$12,973-$92,663
Occupancy$24,634$4,605$1,082$30,321
Fees for Services Accounting$1,925$13,145-$15,070
Other Employee Benefits$10,906$2,237$839$13,982
Payroll Taxes$10,745$2,204$827$13,776
Insurance$8,321$2,347-$10,668
Office Expenses$977$5,999-$6,976
Pension Plan Contributions$3,042$624$234$3,900
Advertising$862-$786$1,648
Other Expenses$603--$603
Travel$177--$177
Total Functional Expenses$301,516$69,553$13,300$384,369
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$28,308
Fundraising Direct Expenses$10,075
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
1$28,308$28,308$10,075$18,233
Total Events$28,308$28,308$10,075$18,233
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Accrued Payroll and Payroll Taxes$3,928
Sales Tax Liability$96
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Annual disclosure for covered persons
Yes
Audit committee
No
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
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 governing body review Part VI line 11

The form 990 is reviewed by the treasurer and other board members prior to filing the form.

Governing documents etc available to public Part VI line 19

All governing documents and financial statements of the organization are available for review upon request during normal business hours.

Filing and Contact Details

Filer

Filer Name
Barrett Friendly Library
EIN
24-6000079
Address
6500 ROUTE 191, CRESCO, PA 18326
Doing Business As
Barrett Paradise Friendly Libr

Signing Officer

Name
Michael Stein
Title
President
Phone
5705957171
Signed
2024-05-14
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Michael Stein
Formed
1912
Legal Domicile
Pa
Voting Board Members
9
Independent Board Members
9
Employees
10
Volunteers
40

Preparer

Firm
Frey & Co Cpas LLC
Address
121 N BEST AVE SUITE 2, WALNUTPORT, PA 18088
Preparer
Gary a Frey CPA
Phone
6107608920
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IRS990/OtherExpensesGrp/TotalAmt3603
IRS990/OtherLiabilitiesGrp/BOYAmt02724
IRS990/OtherLiabilitiesGrp/EOYAmt04024
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt09532
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt025419
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0123915
IRS990/OtherSalariesAndWagesGrp/TotalAmt0158866
IRS990/PartialLiquidationInd0false
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/FundraisingAmt0827
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt02204
IRS990/PayrollTaxesGrp/ProgramServicesAmt010745
IRS990/PayrollTaxesGrp/TotalAmt013776
IRS990/PensionPlanContributionsGrp/FundraisingAmt0234
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt0624
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt03042
IRS990/PensionPlanContributionsGrp/TotalAmt03900
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt03572
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt04023
IRS990/PrincipalOfficerNm0MICHAEL STEIN
IRS990/ProfessionalFundraisingInd0false
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0311554
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt03326
IRS990/PYOtherExpensesAmt0181592
IRS990/PYOtherRevenueAmt019745
IRS990/PYRevenuesLessExpensesAmt0-24643
IRS990/PYSalariesCompEmpBnftPaidAmt0177676
IRS990/PYTotalExpensesAmt0359268
IRS990/PYTotalRevenueAmt0334625
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt0-63564
IRS990/RegularMonitoringEnfrcInd0false
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0true
IRS990/RevenueAmt0301648
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt0301648
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt0311554
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt0409259
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt0317457
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt0353616
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt01693534
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt0924
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt03326
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt037090
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt018103
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt016387
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt075830
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt028308
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt029325
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt034782
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt06408
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt038323
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt0137146
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt0924
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt03326
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt037090
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt018103
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt016387
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt075830
IRS990ScheduleA/InvestmentIncomeCYPct00.04000
IRS990ScheduleA/InvestmentIncomePYPct00.05000
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.96020
IRS990ScheduleA/PublicSupportPY509Pct00.95420
IRS990ScheduleA/PublicSupportTotal509Amt01830680
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0329956
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0340879
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0444041
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0323865
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0391939
IRS990ScheduleA/Total509Grp/TotalAmt01830680
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0330880
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0344205
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0481131
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0341968
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0408326
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt01906510
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/ScheduleBRequiredInd0true
IRS990ScheduleD/BuildingsGrp/BookValueAmt01792134
IRS990ScheduleD/BuildingsGrp/DepreciationAmt01245627
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt03037761
IRS990ScheduleD/EquipmentGrp/BookValueAmt042580
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0320850
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0363430
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt0444473
IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc0MONEY FUND AND MUTUAL FUNDS
IRS990ScheduleD/InvstProgramRelatedOrgGrp/MethodValuationCd0F
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt03928
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt196
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0ACCRUED PAYROLL AND PAYROLL TAXES
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1SALES TAX LIABILITY
IRS990ScheduleD/TotalBookValueLandBuildingsAmt01834714
IRS990ScheduleD/TotalBookValueProgramRltdAmt0444473
IRS990ScheduleD/TotalLiabilityAmt04024
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt010075
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm01
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt028308
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt028308
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt028308
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt028308
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt018233
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt010075
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt010075
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE FORM 990 IS REVIEWED BY THE TREASURER AND OTHER BOARD MEMBERS PRIOR TO FILING THE FORM.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1ALL GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS OF THE ORGANIZATION ARE AVAILABLE FOR REVIEW UPON REQUEST DURING NORMAL BUSINESS HOURS.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990 governing body review Part VI line 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Governing documents etc available to public Part VI line 19
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0PA
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxableDistributionsInd0false
IRS990/TaxablePartyNotificationInd0false

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.42$0.01$2.41$0.38$0.43$0.05
2023Detailed filing. Detailed filing data is available for this year.$2.46$0.02$2.44$0.32$0.38$0.06
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.49$0.01$2.48$0.33$0.36$0.02
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.55$0.00$2.55$0.47$0.37$0.10
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.51$0.05$2.46$0.35$0.39$0.04
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.50$0.00$2.50$0.43$0.41$0.02
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.48$0.01$2.48$0.36$0.39$0.04
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.52$0.01$2.51$0.38$0.40$0.02
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.54$0.01$2.53$0.38$0.37$0.00
2015XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.54$0.01$2.53$0.38$0.36$0.02
2014Detailed filing. Detailed filing data is available for this year.$2.51$0.00$2.51$0.39$0.36$0.03
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.78$0.18$2.61$0.39
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.91$0.39$2.52$0.42