Civic Intelligence

Cochranton Area Public Library

990 • Fiscal year 2020 • EIN 25-1248852

Jan 01, 2020 to Dec 31, 2020 • Filed on Jun 29, 2021

PO Box 296Cochranton, PA 16314

(814) 425-3996

Siviq Scores

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

Liabilities / Assets

31st percentile

0.00x

Higher debt load relative to assets than 31% of similar nonprofits.

2020 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2020

Liabilities / Revenue

42nd percentile

0.03x

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

2020 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2020

Net Margin

87th percentile

42%

Higher net margin than 87% of similar nonprofits.

2020 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2020

Top Officer Pay

54th percentile

$10,888

Higher top officer pay than 54% of similar nonprofits.

Top officer pay equals 14.1% of source-year revenue.

2020 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2020

Asset Growth

44th percentile

3.7%

Faster asset growth than 44% of similar nonprofits.

2020 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2019 to 2020

Revenue Growth

41st percentile

-6.9%

Faster revenue growth than 41% of similar nonprofits.

2020 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2019 to 2020

Assets

Up

$926,934

Up $32,926 (+3.7%) from 2019

Net Assets

Up

$925,001

Up $32,918 (+3.7%) from 2019

Liabilities

Up

$1,933

Up $8 (+0.4%) from 2019

Revenue

Down

$77,211

Down $5,745 (-6.9%) from 2019

Expenses

Down

$44,721

Down $18,754 (-30%) from 2019

Net Income

Up

$32,490

Up $13,009 (+67%) from 2019

Historical Trend

Balance Sheet Trend

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

$1.5M$1.0M$500K$0Assets 2013: $477,923Liabilities 2013: $1,801Net Assets 2013: $476,1222013Assets 2014: $547,298Liabilities 2014: $1,598Net Assets 2014: $545,7002014Assets 2015: $825,223Liabilities 2015: $2,145Net Assets 2015: $823,0782015Assets 2016: $828,953Liabilities 2016: $2,081Net Assets 2016: $826,8722016Assets 2017: $834,778Liabilities 2017: $2,032Net Assets 2017: $832,7462017Assets 2018: $843,867Liabilities 2018: $1,970Net Assets 2018: $841,8972018Assets 2019: $894,008Liabilities 2019: $1,925Net Assets 2019: $892,0832019Assets 2020: $926,934Liabilities 2020: $1,933Net Assets 2020: $925,0012020Assets 2021: $995,175Liabilities 2021: $2,623Net Assets 2021: $992,5522021Assets 2022: $991,922Liabilities 2022: $1,675Net Assets 2022: $990,2472022Assets 2023: $1,035,453Liabilities 2023: $1,784Net Assets 2023: $1,033,6692023Assets 2024: $1,079,650Liabilities 2024: $1,693Net Assets 2024: $1,077,9572024

Highlighted filing

2020

Assets$926,934
Liabilities$1,933
Net Assets$925,001

Operations Trend

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

$400K$300K$200K$100K$0Revenue 2013: $169,410Expenses 2013: $88,944Net Income 2013: $80,4662013Revenue 2014: $126,575Expenses 2014: $71,144Net Income 2014: $55,4312014Revenue 2015: $344,874Expenses 2015: $67,496Net Income 2015: $277,3782015Revenue 2016: $68,688Expenses 2016: $64,894Net Income 2016: $3,7942016Revenue 2017: $69,066Expenses 2017: $63,192Net Income 2017: $5,8742017Revenue 2018: $75,985Expenses 2018: $70,431Net Income 2018: $5,5542018Revenue 2019: $82,956Expenses 2019: $63,475Net Income 2019: $19,4812019Revenue 2020: $77,211Expenses 2020: $44,721Net Income 2020: $32,4902020Revenue 2021: $77,741Expenses 2021: $57,122Net Income 2021: $20,6192021Revenue 2022: $71,436Expenses 2022: $56,966Net Income 2022: $14,4702022Revenue 2023: $93,399Expenses 2023: $65,907Net Income 2023: $27,4922023Revenue 2024: $102,499Expenses 2024: $64,989Net Income 2024: $37,5102024

Highlighted filing

2020

Revenue$77,211
Expenses$44,721
Net Income$32,490
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
Jun 29, 2021
Return Version
2020v4.0
Gross Receipts
$77,211
Mission and Program Overview

Mission

Serves as a public library.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$629,710$629,710→ $0
Investments in Publicly Traded Securities$218,197$223,645▲ $5,448
Cash and Non-Interest-Bearing Accounts$19,616$41,685▲ $22,069
Savings and Temporary Cash Investments$26,485$31,894▲ $5,409
Total Assets$894,008$926,934▲ $32,926
Liabilities
Accounts Payable and Accrued Expenses$1,925$1,933▲ $8
Total Liabilities$1,925$1,933▲ $8
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$865,598$893,107▲ $27,509
Net Assets With Donor Restrictions$26,485$31,894▲ $5,409
Total Net Assets Fund Balance$892,083$925,001▲ $32,918
Total Liabilities and Net Assets / Fund Balance$894,008$926,934▲ $32,926

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$629,710-$629,710
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Hope RudyExecutive DiPT$10,888$10,888

Board Members and Trustees

NameTitle
Susan ArmburgerPresident
Linda RocheTrustee
Monica StureyTrustee
Paige BowserTrustee
Tammy GrahamTrustee
June BaerSecretary
Brenda WaitTreasurer
Lindy MccartneyVice Preside
Revenue and Support

Revenue Composition

Contributions and Grants
$67,898
Program Service Revenue
$0
Investment Income
$5,146
Other Revenue
$4,167
All Other Contributions
$6,972
Change in Net Assets
$32,490
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$25,425
Other Expenses$19,296
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$10,138$2,336-$12,474
Current Officers, Directors, Trustees, and Key Employees$10,888--$10,888
Occupancy$7,753$861-$8,614
Insurance$3,149--$3,149
Payroll Taxes$1,857$206-$2,063
Fees for Services Other-$1,671-$1,671
Office Expenses-$124-$124
Other Expenses$97--$97
Total Functional Expenses$39,523$5,198$0$44,721
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
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
No
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

No review was conducted or will be conducted.

Form 990, Page 6, Part VI, Line 19

Informational documents will be made available to the public upon request.

Filing and Contact Details

Filer

Filer Name
Cochranton Area Public Library
EIN
25-1248852
Phone
8144253996
Address
PO BOX 296, COCHRANTON, PA 16314

Signing Officer

Name
Hope Rudy
Title
Executive Director
Phone
8144253996
Signed
2021-06-29

Organization Details

Principal Officer
Hope Rudy
Formed
1979
Legal Domicile
Pa
Voting Board Members
8
Independent Board Members
8
Employees
5
Volunteers
14

Preparer

Firm
Mattern CPA LLC
Address
622 MAIN ST PO BOX 658, EMLENTON, PA 16373
Preparer
Clinton Mattern
Phone
7248671712
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ReturnHeader/TaxPeriodEndDt02020-12-31
ReturnHeader/TaxYr02020

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