Civic Intelligence

Elyria Public Library

990 • Fiscal year 2019 • EIN 34-6000941

Jan 01, 2019 to Dec 31, 2019 • Filed on Nov 12, 2020

320 Washington AvenueElyria, OH 44035

(440) 322-0839

Siviq Scores

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

Liabilities / Assets

83rd percentile

0.71x

Higher debt load relative to assets than 83% of similar nonprofits.

2019 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2019

Liabilities / Revenue

90th percentile

2.58x

Higher debt load relative to revenue than 90% of similar nonprofits.

2019 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2019

Net Margin

10th percentile

-22%

Higher net margin than 10% of similar nonprofits.

2019 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2019

Top Officer Pay

24th percentile

$107,723

Higher top officer pay than 24% of similar nonprofits.

Top officer pay equals 1.8% of source-year revenue.

2019 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2019

Asset Growth

11th percentile

-6.7%

Faster asset growth than 11% of similar nonprofits.

2019 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2018 to 2019

Revenue Growth

68th percentile

11%

Faster revenue growth than 68% of similar nonprofits.

2019 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2018 to 2019

Assets

Down

$22,122,440

Down $1,596,108 (-6.7%) from 2018

Net Assets

Down

$6,512,440

Down $1,286,108 (-16%) from 2018

Liabilities

Down

$15,610,000

Down $310,000 (-1.9%) from 2018

Revenue

Up

$6,054,426

Up $593,045 (+11%) from 2018

Expenses

Up

$7,364,046

Up $2,009,384 (+38%) from 2018

Net Income

Down

-$1,309,620

Down $1,416,339 (-1327%) from 2018

Historical Trend

Balance Sheet Trend

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

$30M$20M$10M$0-$10MAssets 2015: $4,679,482Liabilities 2015: $0Net Assets 2015: $4,679,4822015Assets 2016: $5,168,976Liabilities 2016: $0Net Assets 2016: $5,168,9762016Assets 2017: $7,691,829Liabilities 2017: $0Net Assets 2017: $7,691,8292017Assets 2018: $23,718,548Liabilities 2018: $15,920,000Net Assets 2018: $7,798,5482018Assets 2019: $22,122,440Liabilities 2019: $15,610,000Net Assets 2019: $6,512,4402019Assets 2020: $17,196,189Liabilities 2020: $15,290,000Net Assets 2020: $1,906,1892020Assets 2021: $12,392,667Liabilities 2021: $14,955,000Net Assets 2021: -$2,562,3332021Assets 2022: $13,405,522Liabilities 2022: $14,615,000Net Assets 2022: -$1,209,4782022Assets 2023: $14,576,147Liabilities 2023: $14,260,000Net Assets 2023: $316,1472023Assets 2024: $15,948,223Liabilities 2024: $13,895,000Net Assets 2024: $2,053,2232024

Highlighted filing

2019

Assets$22,122,440
Liabilities$15,610,000
Net Assets$6,512,440

Operations Trend

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

$15M$10M$5.0M$0-$5.0MRevenue 2015: $4,119,829Expenses 2015: $3,668,585Net Income 2015: $451,2442015Revenue 2016: $4,411,902Expenses 2016: $3,922,408Net Income 2016: $489,4942016Revenue 2017: $6,307,622Expenses 2017: $3,784,769Net Income 2017: $2,522,8532017Revenue 2018: $5,461,381Expenses 2018: $5,354,662Net Income 2018: $106,7192018Revenue 2019: $6,054,426Expenses 2019: $7,364,046Net Income 2019: -$1,309,6202019Revenue 2020: $5,690,503Expenses 2020: $10,302,067Net Income 2020: -$4,611,5642020Revenue 2021: $6,063,469Expenses 2021: $10,530,365Net Income 2021: -$4,466,8962021Revenue 2022: $6,325,273Expenses 2022: $4,972,418Net Income 2022: $1,352,8552022Revenue 2023: $6,758,867Expenses 2023: $5,233,242Net Income 2023: $1,525,6252023Revenue 2024: $7,004,589Expenses 2024: $5,267,513Net Income 2024: $1,737,0762024

Highlighted filing

2019

Revenue$6,054,426
Expenses$7,364,046
Net Income-$1,309,620
Jump To
Filing Snapshot
Filing Period
Jan 1, 2019 to Dec 31, 2019
Signed
Nov 12, 2020
Return Version
2019v5.0
Gross Receipts
$6,054,426
Mission and Program Overview

Mission

The elyria public library system will always offer free resources with unlimited possibilities for every person in the community it serves. Library resources in all formats will be readily and equitably accessible to all library users. The library provides free access to all library materials, services, and programs. The library provides lifelong learning services to all. The library upholds the principles of intellectual freedom and resists all efforts to censor resources. The library's employees are professional, friendly, efficient, and qualified personnel. The library provides the highest level of service to all library users. The library will monitor library services to ensure that they respond in a relevant way to changing needs and demands, and that their quality is as high as resources allow. The library is committed to patron confidentiality. The library practices fiscally responsible management of public resources with full accountability.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$15,356,461$12,636,479▼ $2,719,982
Savings and Temporary Cash Investments$8,197,734$8,795,447▲ $597,713
Cash and Non-Interest-Bearing Accounts$164,353$690,514▲ $526,161
Total Assets$23,718,548$22,122,440▼ $1,596,108
Liabilities
Tax Exempt Bond Liabilities$15,920,000$15,610,000▼ $310,000
Total Liabilities$15,920,000$15,610,000▼ $310,000
Net Assets / Fund Balance
Net Assets With Donor Restrictions$3,734,055$4,129,213▲ $395,158
Net Assets Without Donor Restrictions$4,064,493$2,383,227▼ $1,681,266
Total Net Assets Fund Balance$7,798,548$6,512,440▼ $1,286,108
Total Liabilities and Net Assets / Fund Balance$23,718,548$22,122,440▼ $1,596,108

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2019$2,265,647$174,319▲ $40,164$4,723$2,475,407
2018$2,197,062$117,006▲ $2,584$51,005$2,265,647
2017$182,227$2,029,393▲ $1,075$15,633$2,197,062
2016$87,615$289,190▲ $44$194,622$182,227
2015$83,730$3,858▲ $27-$87,615
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Merilyn CrouseExecutive DiFT$107,723$107,723
Carol CampanaPrior FiscalFT$91,129$91,129
Robert SchirhartFiscal OfficFT$10,720$10,720

Board Members and Trustees

NameTitle
Kaleena WhitfieldPresident
Deborah KroupaTrustee
Gerald CrumTrustee
Melissa CliffordTrustee
Patricia SchrullTrustee
Sam BattleTrustee
Ray ArmstrongSecretary
Rhonda SmithVice-preside
Revenue and Support

Revenue Composition

Contributions and Grants
$5,470,537
Program Service Revenue
$49,060
Investment Income
$510,617
Other Revenue
$24,212
All Other Contributions
$368,180
Change in Net Assets
$-1,309,620

Audited Revenue Reconciliation

Revenue per Audited Statements
$6,054,426
Total Revenue per Audited Statements
$6,054,426
Total Revenue per Form 990
$6,054,426
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$4,789,664
Salaries, Compensation, and Employee Benefits$2,574,382
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$1,888,232--$1,888,232
Interest$589,374--$589,374
Other Employee Benefits$476,578--$476,578
Current Officers, Directors, Trustees, and Key Employees$209,572--$209,572
Other Expenses$56,950--$56,950
All Other Expenses$47,032--$47,032
Office Expenses$45,635--$45,635
Occupancy$19,555--$19,555
Information Technology$11,495--$11,495
Total Functional Expenses$7,364,046$0$0$7,364,046

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$7,364,046
Total Expenses per Audited Statements$7,364,046
Total Expenses per Form 990$7,364,046
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
Debt and Bond Financing

Bond Issues

BondIssuerIssuedIssue PricePurpose
ACity of Elyria Ohio2018-06-14$16,860,475FACILITY IMPROVEMENT

Bond Proceeds

BondTotal ProceedsSpentRetiredIssuance Costs
A$16,860,475$22,438$935,000$293,037

Bond Financing Compliance

No rebate due
No
Rebate not yet due
No
Form 8038-T filed
No
Gross proceeds invested
No
Gross proceeds invested in GIC
No
Exception to rebate
No
Corrective action procedures
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
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 11B

The preparer presents form 990 to the fiscal officer of the organization. The fiscal officer will then review the prepared tax return and respond back to the preparer with any points of discussion. Once addressed, the completed tax return is presented to the full board and is reviewed prior to submission to the internal revenue service.

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

Each board member is required to disclose on an annual certification statement that they are independent of the operations of the organization. If they are not independent they must disclose in writing to the board the nature of any existing conflict. A list of all active vendors is utilized to assist with any perceived conflicts.

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

Each compensated top official of the board of trustees is hired for a three year term and receives a set amount of compensation as approved by the board. The top official does not have authority to vote on such matters. Executives and top officials can serve multiple terms but are subject to the voting process above each time their contract is renewed.

Form 990, Page 6, Part VI, Line 19

Documents are available upon written request to the organization's treasurer located at 320 washington avenue, elyria, ohio 44035, the organization's administrative office. Additionally income tax filings are available on various not-for-profit organizations public internet websites.

Filing and Contact Details

Filer

Filer Name
Elyria Public Library
EIN
34-6000941
Phone
4403220839
Address
320 WASHINGTON AVENUE, ELYRIA, OH 44035

Signing Officer

Name
Robert Schirhart
Title
Fiscal Officer
Phone
4403220839
Signed
2020-11-12
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Robert Schirhart
Formed
1965
Legal Domicile
Oh
Voting Board Members
8
Independent Board Members
8
Employees
83

Preparer

Firm
BILLINGS & COMPANY CPA'S
Address
503 ABBE RD S, ELYRIA, OH 44035
Preparer
Ronald C Billings CPA
Phone
4403659100
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

The elyria public library system will always offer free resources with unlimited possibilities for every person in the community it serves. Library resources in all formats will be readily and equitably accessible to all library users. The library provides free access to all library materials, services, and programs. The library provides lifelong learning services to all. The library upholds the principles of intellectual freedom and resists all efforts to censor resources. The library's employees are professional, friendly, efficient, and qualified personnel. The library provides the highest level of service to all library users. The library will monitor library services to ensure that they respond in a relevant way to changing needs and demands, and that their quality is as high as resources allow. The library is committed to patron confidentiality. The library practices fiscally responsible management of public resources with full accountability.

Financial Statement Notes

Schedule D, Page 2, Part V, Line 4

The library endowment is a way for members of the community and community leaders to set aside funds for the ongoing support of the public library system for the citizens of elyria, ohio and surrounding communities. The endowment is a way to generate income to be used to maintain facilities and to continue to provide library content for the general public.

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IRS990/ActivityOrMissionDesc0THE ELYRIA PUBLIC LIBRARY SYSTEM WILL ALWAYS OFFER FREE RESOURCES WITH UNLIMITED POSSIBILITIES FOR EVERY PERSON IN THE COMMUNITY IT SERVES. LIBRARY RESOURCES IN ALL FORMATS WILL BE READILY AND EQUITABLY ACCESSIBLE TO ALL LIBRARY USERS. THE LIBRARY PROVIDES FREE ACCESS TO ALL LIBRARY MATERIALS, SERVICES, AND PROGRAMS. THE LIBRARY PROVIDES LIFELONG LEARNING SERVICES TO ALL. THE LIBRARY UPHOLDS THE PRINCIPLES OF INTELLECTUAL FREEDOM AND RESISTS ALL EFFORTS TO CENSOR RESOURCES. THE LIBRARY'S EMPLOYEES ARE PROFESSIONAL, FRIENDLY, EFFICIENT, AND QUALIFIED PERSONNEL. THE LIBRARY PROVIDES THE HIGHEST LEVEL OF SERVICE TO ALL LIBRARY USERS. THE LIBRARY WILL MONITOR LIBRARY SERVICES TO ENSURE THAT THEY RESPOND IN A RELEVANT WAY TO CHANGING NEEDS AND DEMANDS, AND THAT THEIR QUALITY IS AS HIGH AS RESOURCES ALLOW. THE LIBRARY IS COMMITTED TO PATRON CONFIDENTIALITY. THE LIBRARY PRACTICES FISCALLY RESPONSIBLE MANAGEMENT OF PUBLIC RESOURCES WITH FULL ACCOUNTABILITY.
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IRS990/MissionDesc0THE ELYRIA PUBLIC LIBRARY SYSTEM WILL ALWAYS OFFER FREE RESOURCES WITH UNLIMITED POSSIBILITIES FOR EVERY PERSON IN THE COMMUNITY IT SERVES. LIBRARY RESOURCES IN ALL FORMATS WILL BE READILY AND EQUITABLY ACCESSIBLE TO ALL LIBRARY USERS. THE LIBRARY PROVIDES FREE ACCESS TO ALL LIBRARY MATERIALS, SERVICES, AND PROGRAMS. THE LIBRARY PROVIDES LIFELONG LEARNING SERVICES TO ALL. THE LIBRARY UPHOLDS THE PRINCIPLES OF INTELLECTUAL FREEDOM AND RESISTS ALL EFFORTS TO CENSOR RESOURCES. THE LIBRARY'S EMPLOYEES ARE PROFESSIONAL, FRIENDLY, EFFICIENT, AND QUALIFIED PERSONNEL. THE LIBRARY PROVIDES THE HIGHEST LEVEL OF SERVICE TO ALL LIBRARY USERS. THE LIBRARY WILL MONITOR LIBRARY SERVICES TO ENSURE THAT THEY RESPOND IN A RELEVANT WAY TO CHANGING NEEDS AND DEMANDS, AND THAT THEIR QUALITY IS AS HIGH AS RESOURCES ALLOW. THE LIBRARY IS COMMITTED TO PATRON CONFIDENTIALITY. THE LIBRARY PRACTICES FISCALLY RESPONSIBLE MANAGEMENT OF PUBLIC RESOURCES WITH FULL ACCOUNTABILITY.
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IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0FINES AND FEES 327,077 COMMUNITY PROGRAMS 4,954 REFUNDS AND REIMBURSEMENTS 75,018 SALE OF REAL PROPERTY 57,000
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IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE LIBRARY ENDOWMENT IS A WAY FOR MEMBERS OF THE COMMUNITY AND COMMUNITY LEADERS TO SET ASIDE FUNDS FOR THE ONGOING SUPPORT OF THE PUBLIC LIBRARY SYSTEM FOR THE CITIZENS OF ELYRIA, OHIO AND SURROUNDING COMMUNITIES. THE ENDOWMENT IS A WAY TO GENERATE INCOME TO BE USED TO MAINTAIN FACILITIES AND TO CONTINUE TO PROVIDE LIBRARY CONTENT FOR THE GENERAL PUBLIC.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE D, PAGE 2, PART V, LINE 4
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IRS990ScheduleK/SupplementalInformationDetail/ExplanationTxt0CITY OF ELYRIA, OHIO FACILITY IMPROVEMENT
IRS990ScheduleK/SupplementalInformationDetail/FormAndLineReferenceDesc0PURPOSE OF ISSUE DESCRIPTION
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE ELYRIA PUBLIC LIBRARY SYSTEM WILL ALWAYS OFFER FREE RESOURCES WITH UNLIMITED POSSIBILITIES FOR EVERY PERSON IN THE COMMUNITY IT SERVES. LIBRARY RESOURCES IN ALL FORMATS WILL BE READILY AND EQUITABLY ACCESSIBLE TO ALL LIBRARY USERS. THE LIBRARY PROVIDES FREE ACCESS TO ALL LIBRARY MATERIALS, SERVICES, AND PROGRAMS. THE LIBRARY PROVIDES LIFELONG LEARNING SERVICES TO ALL. THE LIBRARY UPHOLDS THE PRINCIPLES OF INTELLECTUAL FREEDOM AND RESISTS ALL EFFORTS TO CENSOR RESOURCES. THE LIBRARY'S EMPLOYEES ARE PROFESSIONAL, FRIENDLY, EFFICIENT, AND QUALIFIED PERSONNEL. THE LIBRARY PROVIDES THE HIGHEST LEVEL OF SERVICE TO ALL LIBRARY USERS. THE LIBRARY WILL MONITOR LIBRARY SERVICES TO ENSURE THAT THEY RESPOND IN A RELEVANT WAY TO CHANGING NEEDS AND DEMANDS, AND THAT THEIR QUALITY IS AS HIGH AS RESOURCES ALLOW. THE LIBRARY IS COMMITTED TO PATRON CONFIDENTIALITY. THE LIBRARY PRACTICES FISCALLY RESPONSIBLE MANAGEMENT OF PUBLIC RESOURCES WITH FULL ACCOUNTABILITY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE PREPARER PRESENTS FORM 990 TO THE FISCAL OFFICER OF THE ORGANIZATION. THE FISCAL OFFICER WILL THEN REVIEW THE PREPARED TAX RETURN AND RESPOND BACK TO THE PREPARER WITH ANY POINTS OF DISCUSSION. ONCE ADDRESSED, THE COMPLETED TAX RETURN IS PRESENTED TO THE FULL BOARD AND IS REVIEWED PRIOR TO SUBMISSION TO THE INTERNAL REVENUE SERVICE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2EACH BOARD MEMBER IS REQUIRED TO DISCLOSE ON AN ANNUAL CERTIFICATION STATEMENT THAT THEY ARE INDEPENDENT OF THE OPERATIONS OF THE ORGANIZATION. IF THEY ARE NOT INDEPENDENT THEY MUST DISCLOSE IN WRITING TO THE BOARD THE NATURE OF ANY EXISTING CONFLICT. A LIST OF ALL ACTIVE VENDORS IS UTILIZED TO ASSIST WITH ANY PERCEIVED CONFLICTS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3EACH COMPENSATED TOP OFFICIAL OF THE BOARD OF TRUSTEES IS HIRED FOR A THREE YEAR TERM AND RECEIVES A SET AMOUNT OF COMPENSATION AS APPROVED BY THE BOARD. THE TOP OFFICIAL DOES NOT HAVE AUTHORITY TO VOTE ON SUCH MATTERS. EXECUTIVES AND TOP OFFICIALS CAN SERVE MULTIPLE TERMS BUT ARE SUBJECT TO THE VOTING PROCESS ABOVE EACH TIME THEIR CONTRACT IS RENEWED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4DOCUMENTS ARE AVAILABLE UPON WRITTEN REQUEST TO THE ORGANIZATION'S TREASURER LOCATED AT 320 WASHINGTON AVENUE, ELYRIA, OHIO 44035, THE ORGANIZATION'S ADMINISTRATIVE OFFICE. ADDITIONALLY INCOME TAX FILINGS ARE AVAILABLE ON VARIOUS NOT-FOR-PROFIT ORGANIZATIONS PUBLIC INTERNET WEBSITES.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990 - ORGANIZATION'S MISSION
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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