Civic Intelligence

Adams Memorial Library

990 • Fiscal year 2018 • EIN 25-0969469

Jan 01, 2018 to Dec 31, 2018 • Filed on May 07, 2019

1112 Ligonier StreetLatrobe, PA 15650

(724) 539-1972

Siviq Scores

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

Liabilities / Assets

18th percentile

0.00x

Higher debt load relative to assets than 18% of similar nonprofits.

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

Liabilities / Revenue

23rd percentile

0.01x

Higher debt load relative to revenue than 23% of similar nonprofits.

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

Net Margin

12th percentile

-23%

Higher net margin than 12% of similar nonprofits.

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

Top Officer Pay

48th percentile

$58,670

Higher top officer pay than 48% of similar nonprofits.

Top officer pay equals 10.8% of source-year revenue.

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

Asset Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2018

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2018

Assets

$4,948,411

No earlier filing loaded for comparison.

Net Assets

$4,941,544

No earlier filing loaded for comparison.

Liabilities

$6,867

No earlier filing loaded for comparison.

Revenue

$541,085

No earlier filing loaded for comparison.

Expenses

$664,375

No earlier filing loaded for comparison.

Net Income

-$123,290

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

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

$8.0M$6.0M$4.0M$2.0M$0Assets 2018: $4,948,411Liabilities 2018: $6,867Net Assets 2018: $4,941,5442018Assets 2019: $5,754,375Liabilities 2019: $7,308Net Assets 2019: $5,747,0672019Assets 2020: $6,650,534Liabilities 2020: $66,628Net Assets 2020: $6,583,9062020Assets 2021: $7,660,827Liabilities 2021: $8,218Net Assets 2021: $7,652,6092021Assets 2022: $6,259,016Liabilities 2022: $8,568Net Assets 2022: $6,250,4482022Assets 2023: $6,746,789Liabilities 2023: $13,310Net Assets 2023: $6,733,4792023Assets 2024: $7,437,893Liabilities 2024: $9,232Net Assets 2024: $7,428,6612024

Highlighted filing

2018

Assets$4,948,411
Liabilities$6,867
Net Assets$4,941,544

Operations Trend

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

$1.0M$500K$0-$500KRevenue 2018: $541,085Expenses 2018: $664,375Net Income 2018: -$123,2902018Revenue 2019: $732,585Expenses 2019: $616,920Net Income 2019: $115,6652019Revenue 2020: $656,961Expenses 2020: $606,604Net Income 2020: $50,3572020Revenue 2021: $864,517Expenses 2021: $668,265Net Income 2021: $196,2522021Revenue 2022: $806,085Expenses 2022: $695,993Net Income 2022: $110,0922022Revenue 2023: $639,470Expenses 2023: $737,071Net Income 2023: -$97,6012023Revenue 2024: $620,989Expenses 2024: $774,027Net Income 2024: -$153,0382024

Highlighted filing

2018

Revenue$541,085
Expenses$664,375
Net Income-$123,290
Jump To
Filing Snapshot
Filing Period
Jan 1, 2018 to Dec 31, 2018
Signed
May 7, 2019
Return Version
2018v3.1
Gross Receipts
$1,561,901
Mission and Program Overview

Mission

The library provides public library services, including programs, educational resources, reading materials, outreach and informational services through two branches.

The library provides public library services, including programs, educational resources, reading materials, outreach and informational services through two branches and a bookmobile.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$5,113,562$4,642,060▼ $471,502
Land, Buildings, and Equipment, Net$216,374$188,031▼ $28,343
Savings and Temporary Cash Investments$118,827$113,128▼ $5,699
Accounts Receivable$219$3,215▲ $2,996
Prepaid Expenses and Deferred Charges$1,768$1,977▲ $209
Total Assets$5,450,750$4,948,411▼ $502,339
Liabilities
Accounts Payable and Accrued Expenses$6,677$6,867▲ $190
Total Liabilities$6,677$6,867▲ $190
Net Assets / Fund Balance
Unrestricted Net Assets$4,717,557$4,209,009▼ $508,548
Permanently Rstr Net Assets$692,298$692,298→ $0
Temporarily Rstr Net Assets$34,218$40,237▲ $6,019
Total Net Assets Fund Balance$5,444,073$4,941,544▼ $502,529
Total Liabilities and Net Assets / Fund Balance$5,450,750$4,948,411▼ $502,339

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$164,770$833,270$998,040
Equipment$2,761$557,922$560,683
Land$20,500-$20,500
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Tracy TrotterLibrary DireFT$58,670$58,670

Board Members and Trustees

NameTitle
Kathryn ElderPresident
Dave ArnoldDirector
David DeroseDirector
Eric BartelsDirector
Jodie EdmistonDirector
Linda BurnsDirector
Marie MccandlessDirector
Annette CouchSecretary
Carl BaumeisterTreasurer
Cindy SoltysVice-preside
Revenue and Support

Revenue Composition

Contributions and Grants
$319,301
Program Service Revenue
$0
Investment Income
$197,697
Other Revenue
$24,087
All Other Contributions
$107,591
Change in Net Assets
$-123,290

Audited Revenue Reconciliation

Revenue per Audited Statements
$541,085
Total Revenue per Audited Statements
$541,085
Total Revenue per Form 990
$541,085
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$444,069
Other Expenses$220,306
Total Fundraising Expense$8,650
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$327,401$44,646-$372,047
Other Employee Benefits$35,000$4,773-$39,773
Fees for Service Investment Mgmnt Fees-$39,260-$39,260
Payroll Taxes$28,379$3,870-$32,249
All Other Expenses$15,952$790$8,650$25,392
Occupancy$20,760$2,831-$23,591
Depreciation Depletion$19,796$2,700-$22,496
Insurance$9,311$1,270-$10,581
Other Expenses$7,412$1,011-$8,423
Fees for Services Accounting-$6,000-$6,000
Conferences and Meetings$1,791$244-$2,035
Office Expenses$1,429$195-$1,624
Total Functional Expenses$545,561$110,164$8,650$664,375

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$664,375
Total Expenses per Audited Statements$664,375
Total Expenses per Form 990$664,375
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$10,213
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 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 10B

All policies and procedures that govern the main branch also govern the other branch.

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

The 990 is reviewed by the executive director and board treasurer before filed.

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

The conflict of interest policy is monitored and enforced through discussions of the board of directors.

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

This is done through a payroll review by the finance and personnel committees when the budget is prepared.

Form 990, Page 6, Part VI, Line 19

No documents available to the public

Filing and Contact Details

Filer

Filer Name
Adams Memorial Library
EIN
25-0969469
Phone
7245391972
Address
1112 LIGONIER STREET, LATROBE, PA 15650

Signing Officer

Name
Carl Baumeister
Title
Treasurer
Phone
7245391972
Signed
2019-05-07
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Kathryn Elder
Formed
1954
Legal Domicile
Pa
Voting Board Members
10
Independent Board Members
10
Employees
23
Volunteers
4

Preparer

Firm
Richard B Guskiewicz Associates
Address
1013 LIGONIER STREET, LATROBE, PA 15650
Preparer
Laura a Guskiewicz
Phone
7245373369
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IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0118827
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0113128
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0MISCELLANEOUS 9,552
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0PART II, LINE 10
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IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0307705
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0367813
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0339594
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0457646
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt01792059
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt0141405
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt0137132
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt0130648
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt0145623
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt0126099
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt0680907
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt053138
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearAmt0124
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus1YearAmt01159
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus2YearsAmt02204
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus3YearsAmt0457
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus4YearsAmt05608
IRS990ScheduleA/OtherIncome170Grp/TotalAmt09552
IRS990ScheduleA/PublicOrganization170Ind0X
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IRS990ScheduleA/PublicSupportPY170Pct00.72900
IRS990ScheduleA/PublicSupportTotal170Amt01792059
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0319301
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0307705
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0367813
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0339594
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0457646
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IRS990ScheduleD/EquipmentGrp/DepreciationAmt0557922
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0560683
IRS990ScheduleD/ExpensesSubtotalAmt0664375
IRS990ScheduleD/LandGrp/BookValueAmt020500
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt020500
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt0164770
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt0833270
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt0998040
IRS990ScheduleD/RevenueSubtotalAmt0541085
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0188031
IRS990ScheduleD/TotalExpensesPerForm990Amt0664375
IRS990ScheduleD/TotalRevenuePerForm990Amt0541085
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0541085
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0664375
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0ALL POLICIES AND PROCEDURES THAT GOVERN THE MAIN BRANCH ALSO GOVERN THE OTHER BRANCH.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE 990 IS REVIEWED BY THE EXECUTIVE DIRECTOR AND BOARD TREASURER BEFORE FILED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE CONFLICT OF INTEREST POLICY IS MONITORED AND ENFORCED THROUGH DISCUSSIONS OF THE BOARD OF DIRECTORS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THIS IS DONE THROUGH A PAYROLL REVIEW BY THE FINANCE AND PERSONNEL COMMITTEES WHEN THE BUDGET IS PREPARED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4NO DOCUMENTS AVAILABLE TO THE PUBLIC
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 6, PART VI, LINE 10B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 19
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IRS990/SignificantChangeInd0false
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IRS990/TotalContributionsAmt0319301
IRS990/TotalEmployeeCnt023
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IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0110164
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0545561
IRS990/TotalFunctionalExpensesGrp/TotalAmt0664375
IRS990/TotalGrossUBIAmt00
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IRS990/TotalLiabilitiesEOYAmt06867
IRS990/TotalLiabilitiesGrp/BOYAmt06677
IRS990/TotalLiabilitiesGrp/EOYAmt06867
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt05444073
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt04941544
IRS990/TotalProgramServiceExpensesAmt0545561
IRS990/TotalReportableCompFromOrgAmt058670
IRS990/TotalRevenueGrp/ExclusionAmt0197539
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt014032
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0541085
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IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt05450750
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt04948411
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IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnrestrictedNetAssetsGrp/BOYAmt04717557
IRS990/UnrestrictedNetAssetsGrp/EOYAmt04209009
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt01112 LIGONIER STREET
IRS990/USAddress/CityNm0LATROBE
IRS990/USAddress/StateAbbreviationCd0PA
IRS990/USAddress/ZIPCd015650
IRS990/VotingMembersGoverningBodyCnt010
IRS990/VotingMembersIndependentCnt010
IRS990/WebsiteAddressTxt0WWW.ADAMSLIB.ORG
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02019-02-21 02:37:17Z

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