Civic Intelligence

Slippery Rock Community Library

990 • Fiscal year 2016 • EIN 45-4279447

Jan 01, 2016 to Dec 31, 2016 • Filed on Oct 17, 2017

Organization Profilewww.SlipperyRockLibrary.org
PO Box 25Slippery Rock, PA 16057

(724) 738-9179

Siviq Scores

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

Liabilities / Assets

26th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2016 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2016

Liabilities / Revenue

26th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2016 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2016

Net Margin

98th percentile

86%

Higher net margin than 98% of similar nonprofits.

2016 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2016

Top Officer Pay

53rd percentile

$13,899

Higher top officer pay than 53% of similar nonprofits.

Top officer pay equals 5.4% of source-year revenue.

2016 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2016

Asset Growth

86th percentile

35%

Faster asset growth than 86% of similar nonprofits.

2016 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2015 to 2016

Revenue Growth

65th percentile

11%

Faster revenue growth than 65% of similar nonprofits.

2016 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2015 to 2016

Balance Sheet
Liabilities / Assets26th percentile

Assets

Up

$853,157

Up $220,246 (+35%) from 2015

Net Assets

Up

$853,157

Up $220,846 (+35%) from 2015

Liabilities

Down

$0

Down $600 (-100%) from 2015

Revenue And Expenses
Liabilities / Revenue26th percentileNet Margin98th percentile

Revenue

Up

$257,864

Up $26,425 (+11%) from 2015

Expenses

Down

$37,018

Down $8,070 (-18%) from 2015

Net Income

Up

$220,846

Up $34,495 (+19%) from 2015

Historical Trend

Balance Sheet Trend

Asset Growth86th percentile

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

$1.5M$1.0M$500K$0Assets 2012: $102,899Liabilities 2012: $02012Assets 2013: $156,107Liabilities 2013: $02013Assets 2014: $442,388Liabilities 2014: $0Net Assets 2014: $442,3882014Assets 2015: $632,911Liabilities 2015: $600Net Assets 2015: $632,3112015Assets 2016: $853,157Liabilities 2016: $0Net Assets 2016: $853,1572016Assets 2017: $892,997Liabilities 2017: $0Net Assets 2017: $892,9972017Assets 2018: $897,951Liabilities 2018: $0Net Assets 2018: $897,9512018Assets 2019: $953,864Liabilities 2019: $0Net Assets 2019: $953,8642019Assets 2020: $984,338Liabilities 2020: $0Net Assets 2020: $984,3382020Assets 2021: $1,026,564Liabilities 2021: $0Net Assets 2021: $1,026,5642021Assets 2022: $1,031,701Liabilities 2022: $375Net Assets 2022: $1,031,3262022Assets 2023: $1,068,818Liabilities 2023: $238Net Assets 2023: $1,068,5802023Assets 2024: $1,091,069Liabilities 2024: $106Net Assets 2024: $1,090,9632024

Highlighted filing

2016

Assets$853,157
Liabilities$0
Net Assets$853,157
Open 2016 Filing

Operations Trend

Revenue Growth65th percentile

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

$400K$300K$200K$100K$0Revenue 2012: $103,053Expenses 2012: $154Net Income 2012: $102,8992012Revenue 2013: $77,906Expenses 2013: $24,698Net Income 2013: $53,2082013Revenue 2014: $319,786Expenses 2014: $33,505Net Income 2014: $286,2812014Revenue 2015: $231,439Expenses 2015: $45,088Net Income 2015: $186,3512015Revenue 2016: $257,864Expenses 2016: $37,018Net Income 2016: $220,8462016Revenue 2017: $75,458Expenses 2017: $36,737Net Income 2017: $38,7212017Revenue 2018: $88,978Expenses 2018: $82,783Net Income 2018: $6,1952018Revenue 2019: $136,459Expenses 2019: $83,060Net Income 2019: $53,3992019Revenue 2020: $115,267Expenses 2020: $93,960Net Income 2020: $21,3072020Revenue 2021: $127,365Expenses 2021: $93,182Net Income 2021: $34,1832021Revenue 2022: $130,548Expenses 2022: $104,410Net Income 2022: $26,1382022Revenue 2023: $117,131Expenses 2023: $92,980Net Income 2023: $24,1512023Revenue 2024: $134,279Expenses 2024: $122,032Net Income 2024: $12,2472024

Highlighted filing

2016

Revenue$257,864
Expenses$37,018
Net Income$220,846
Open 2016 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2016 to Dec 31, 2016
Signed
Oct 17, 2017
Return Version
2016v3.0
Gross Receipts
$258,981
Mission and Program Overview

Mission

Slippery rock community library provides a welcoming environment while connecting people to services, activities, and technology to enrich life, foster literacy, inspire curiosity, and stimulate imagination.

Slippery Rock Community Library offers library services to the public and is raising funds for and is in the process of building its own building.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$545,535$690,950▲ $145,415
Land, Buildings, and Equipment, Net$59,280$128,879▲ $69,599
Cash and Non-Interest-Bearing Accounts$18,908$23,286▲ $4,378
Investments in Publicly Traded Securities$9,188$10,042▲ $854
Total Assets$632,911$853,157▲ $220,246
Liabilities
Escrow Account Liability$600--
Total Liabilities$600$0▼ $600
Net Assets / Fund Balance
Temporarily Rstr Net Assets$596,729$742,261▲ $145,532
Unrestricted Net Assets$35,582$110,896▲ $75,314
Total Net Assets Fund Balance$632,311$853,157▲ $220,846
Total Liabilities and Net Assets / Fund Balance$632,911$853,157▲ $220,246

Asset Categories

AssetBook ValueDepreciationBasis
Land$79,379-$79,379
Buildings$49,500-$49,500
Compensation and Service Providers
Top Officer Pay53rd percentile

Employees

NameTitleFull / Part TimeBaseTotal
Karen PierceDirectorPT$13,899$13,899

Board Members and Trustees

NameTitle
Janet ForrestPresident
Diane HyattVice President
Christy TichyBoard Member
Connie SmithBoard Member
Martin GehrkeBoard Member
Jim DixonBoard Member until 6/2016
Sue MrazSecretary
Shauna Holt-PearcyTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$249,780
Program Service Revenue
$2,767
Investment Income
$1,793
Other Revenue
$3,524
All Other Contributions
$242,080
Change in Net Assets
$220,846

Audited Revenue Reconciliation

Revenue per Audited Statements
$258,981
Revenue Not Reported on Financial Statements
$-1,117
Revenue Not Reported on Form 990
$0
Other Revenue Adjustments
$-1,117
Total Revenue per Audited Statements
$258,981
Total Revenue per Form 990
$257,864
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$21,156
Salaries, Compensation, and Employee Benefits$15,862
Total Fundraising Expense$3,443
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees$13,899--$13,899
Fees for Services Accounting-$3,400-$3,400
Advertising--$3,387$3,387
Insurance-$2,819-$2,819
Occupancy$2,415--$2,415
Payroll Taxes$1,563--$1,563
Office Expenses$875--$875
Other Expenses$855--$855
Other Employee Benefits$400--$400
Fees for Services Legal-$125-$125
All Other Expenses--$56$56
Travel$17--$17
Total Functional Expenses$27,231$6,344$3,443$37,018

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$38,135
Expenses per Audited Statements$37,018
Total Expenses per Form 990$37,018
Expenses Not Reported on Form 990$1,117
Expenses Not Reported on Financial Statements$0
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
No
Backup withholding compliance
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
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

“At a regular board meeting, board members were given copies of the entire return. It was reviewed and they voted to approve it.”

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

“All board members monitor themselves, each other, and the organization for possible conflicts of interest.”

Form 990, Part VI, Section C, line 18

“Copies of Form 1023 and 990 are always available to the public at the library itself, upon request.”

Form 990, Part VI, Section C, line 19

“Copies of the governing documents, conflict of interest policy, and audited financial statements are always available to the public at the library itself, upon request. All Slippery Rock Community Library Board of Trustee meetings are open to the public.”

Filing and Contact Details

Filer

Filer Name
Slippery Rock Community Library
EIN
45-4279447
Phone
7247389179
Address
PO BOX 25, Slippery Rock, PA 16057

Signing Officer

Name
Shauna Holt Pearcy
Title
Treasurer
Phone
7247389179
Signed
2017-10-17
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Shauna Holt Pearcy
Formed
2012
Legal Domicile
Pa
Voting Board Members
7
Independent Board Members
7
Employees
1
Volunteers
12

Preparer

Firm
Mcgill Power Bell & Associates Llp
Address
10 Woodland Center Drive, Grove City, PA 16127
Preparer
Joy S Strain
Phone
7244587490
Supplemental Narrative

Additional Explanations

Form 990, Part XII, Line 1:

“The Library prepares its financial statements on the modified cash basis of accounting, which is a comprehensive basis of accounting other than accounting principles generally accepted in the United States of America. Under that basis, certain revenues and related assets are recognized when received rather than when earned, and certain expenses are recognized when paid rather than when the obligations are incurred. The Library recorded the donation of land and a building, changes in the fair value of investments, and the security deposit from its rental property which are modifications to the cash basis of accounting.”

Financial Statement Notes

Part X, Line 2:

“The Library qualifies as a nonprofit organization under Section 501(c)(3) of the Internal Revenue Code. Accordingly, income tax expense is limited to activities that are deemed by the Internal Revenue Service to be unrelated to their exempt purpose. Interest and penalties related to income tax reporting are recognized when incurred and are included in administrative and general expenses on the Statement of Activities. Management has determined the Library had no activities subject to unrelated business income tax (UBIT) during the year ended December 31, 2016. The Library has not been subject to any income tax penalties or interest for all open years. The open tax periods for the Library are 2013, 2014, 2015, and 2016 fiscal year ends.”

Part XI, Line 4B - Other Adjustments:

“Rental Expense -1,117.”

Part XII, Line 2D - Other Adjustments:

“Rental Expense 1,117.”

Raw XML AppendixShowing 400 of 426 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
IRS990/AccountantCompileOrReviewInd00
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0Slippery Rock Community Library offers library services to the public and is raising funds for and is in the process of building its own building.
IRS990/AdvertisingGrp/FundraisingAmt03387
IRS990/AdvertisingGrp/TotalAmt03387
IRS990/AllOtherContributionsAmt0242080
IRS990/AllOtherExpensesGrp/FundraisingAmt056
IRS990/AllOtherExpensesGrp/TotalAmt056
IRS990/AnnualDisclosureCoveredPrsnInd01
IRS990/AuditCommitteeInd00
IRS990/BackupWthldComplianceInd01
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0Shauna Holt-Pearcy
IRS990/BooksInCareOfDetail/PhoneNum07244060334
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0PO BOX 25
IRS990/BooksInCareOfDetail/USAddress/CityNm0Slippery Rock
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0PA
IRS990/BooksInCareOfDetail/USAddress/ZIPCd016057
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOfficerEntInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/CashNonInterestBearingGrp/BOYAmt018908
IRS990/CashNonInterestBearingGrp/EOYAmt023286
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd00
IRS990/CompCurrentOfcrDirectorsGrp/ProgramServicesAmt013899
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt013899
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd00
IRS990/CompensationProcessOtherInd00
IRS990/ConflictOfInterestPolicyInd01
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd00
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt0249780
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt01793
IRS990/CYOtherExpensesAmt021156
IRS990/CYOtherRevenueAmt03524
IRS990/CYProgramServiceRevenueAmt02767
IRS990/CYRevenuesLessExpensesAmt0220846
IRS990/CYSalariesCompEmpBnftPaidAmt015862
IRS990/CYTotalExpensesAmt037018
IRS990/CYTotalFundraisingExpenseAmt03443
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0257864
IRS990/DecisionsSubjectToApprovaInd00
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DelegationOfMgmtDutiesInd00
IRS990/Desc0Direct Public Library Services: In 2016: Patrons served: 9,494; Total materials circulated: 13,261; New library cards issued: 147; Computer users: 488. Outreach services were offered to homebound and care center residents; literacy programming such as book club, children's storytime and summer reading programs for school-age children were offered; educational and service programming such as free computers and free internet access were offered.
IRS990/DescribedInSection501c3Ind01
IRS990/DisregardedEntityInd00
IRS990/DocumentRetentionPolicyInd00
IRS990/DonorAdvisedFundInd00
IRS990/ElectionOfBoardMembersInd00
IRS990/EmployeeCnt01
IRS990/EmploymentTaxReturnsFiledInd01
IRS990/EngagedInExcessBenefitTransInd00
IRS990/EscrowAccountLiabilityGrp/BOYAmt0600
IRS990/ExpenseAmt025996
IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditRequiredInd00
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt03400
IRS990/FeesForServicesAccountingGrp/TotalAmt03400
IRS990/FeesForServicesLegalGrp/ManagementAndGeneralAmt0125
IRS990/FeesForServicesLegalGrp/TotalAmt0125
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form8282PropertyDisposedOfInd00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt015.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt15.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt215.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt35.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt45.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt55.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt620.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt75.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt820.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd7X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OfficerInd4X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt70
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt80
IRS990/Form990PartVIISectionAGrp/PersonNm0Janet Forrest
IRS990/Form990PartVIISectionAGrp/PersonNm1Diane Hyatt
IRS990/Form990PartVIISectionAGrp/PersonNm2Shauna Holt-Pearcy
IRS990/Form990PartVIISectionAGrp/PersonNm3Sue Mraz
IRS990/Form990PartVIISectionAGrp/PersonNm4Jim Dixon
IRS990/Form990PartVIISectionAGrp/PersonNm5Martin Gehrke
IRS990/Form990PartVIISectionAGrp/PersonNm6Connie Smith
IRS990/Form990PartVIISectionAGrp/PersonNm7Christy Tichy
IRS990/Form990PartVIISectionAGrp/PersonNm8Karen Pierce
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt813899
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/TitleTxt0President
IRS990/Form990PartVIISectionAGrp/TitleTxt1Vice President
IRS990/Form990PartVIISectionAGrp/TitleTxt2Treasurer
IRS990/Form990PartVIISectionAGrp/TitleTxt3Secretary
IRS990/Form990PartVIISectionAGrp/TitleTxt4Board Member until 6/2016
IRS990/Form990PartVIISectionAGrp/TitleTxt5Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt6Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt7Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt8Director
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr02012
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt07
IRS990/GovernmentGrantsAmt07700
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt0258981
IRS990/GrossRentsGrp/RealAmt03475
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt07
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIIInd0X
IRS990/InsuranceGrp/ManagementAndGeneralAmt02819
IRS990/InsuranceGrp/TotalAmt02819
IRS990/InvestmentIncomeGrp/ExclusionAmt01793
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt01793
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsPubTradedSecGrp/BOYAmt09188
IRS990/InvestmentsPubTradedSecGrp/EOYAmt010042
IRS990/IRPDocumentCnt04
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt00
IRS990/LandBldgEquipBasisNetGrp/BOYAmt059280
IRS990/LandBldgEquipBasisNetGrp/EOYAmt0128879
IRS990/LandBldgEquipCostOrOtherBssAmt0128879
IRS990/LegalDomicileStateCd0PA
IRS990/LessRentalExpensesGrp/RealAmt01117
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingOtherInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0Slippery Rock Community Library provides a welcoming environment while connecting people to services, activities, and technology to enrich life, foster literacy, inspire curiosity, and stimulate imagination.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt0632311
IRS990/NetAssetsOrFundBalancesEOYAmt0853157
IRS990/NetRentalIncomeOrLossGrp/ExclusionAmt02358
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt02358
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ProgramServicesAmt02415
IRS990/OccupancyGrp/TotalAmt02415
IRS990/OfficeExpensesGrp/ProgramServicesAmt0875
IRS990/OfficeExpensesGrp/TotalAmt0875
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt0400
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0400
IRS990/OtherExpensesGrp/Desc0Library materials and s
IRS990/OtherExpensesGrp/Desc1Miscellaneous
IRS990/OtherExpensesGrp/Desc2Building campaign expen
IRS990/OtherExpensesGrp/Desc3Training
IRS990/OtherExpensesGrp/ProgramServicesAmt04587
IRS990/OtherExpensesGrp/ProgramServicesAmt11385
IRS990/OtherExpensesGrp/ProgramServicesAmt21235
IRS990/OtherExpensesGrp/ProgramServicesAmt3855
IRS990/OtherExpensesGrp/TotalAmt04587
IRS990/OtherExpensesGrp/TotalAmt11385
IRS990/OtherExpensesGrp/TotalAmt21235
IRS990/OtherExpensesGrp/TotalAmt3855
IRS990/OtherInd0X
IRS990/OtherRevenueMiscGrp/BusinessCd0519100
IRS990/OtherRevenueMiscGrp/Desc0Refunds
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt01166
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt01166
IRS990/OtherRevenueTotalAmt01166
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/ProgramServicesAmt01563
IRS990/PayrollTaxesGrp/TotalAmt01563
IRS990/PoliticalCampaignActyInd00
IRS990/PrincipalOfficerNm0Shauna Holt Pearcy
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0519100
IRS990/ProgramServiceRevenueGrp/Desc0Library fines and fees
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt02767
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt02767
IRS990/ProgSrvcAccomActy2Grp/Desc0New Library Building Campaign: Slippery Rock Community Library continued its capital campaign to raise money for a new building. Currently the library rents a 283 square foot space which is inadequate to meet the community's needs. In 2016 land was subdivided and then purchased as a new site for the library building. Work with an architect commenced and planning was done through the design phase.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt01235
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0223465
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt0426
IRS990/PYOtherExpensesAmt031005
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt01096
IRS990/PYRevenuesLessExpensesAmt0179899
IRS990/PYSalariesCompEmpBnftPaidAmt014083
IRS990/PYTotalExpensesAmt045088
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0224987
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0220846
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/RentalIncomeOrLossGrp/RealAmt02358
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt03933
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0545535
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0690950
IRS990ScheduleA/First5Years170Ind0X
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0249780
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0223465
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0317818
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt076612
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0102898
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0970573
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt03297
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt03426
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt033
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt021
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt04
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt06781
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportTotal170Amt0970573
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0249780
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0223465
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0317818
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt076612
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0102898
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0970573
IRS990ScheduleA/TotalSupportAmt0979137
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/CurrentTaxYearMinus1YearAmt01783
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt01783
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/AgentTrusteeEtcInd00
IRS990ScheduleD/BuildingsGrp/BookValueAmt049500
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt049500
IRS990ScheduleD/ExpensesNotReportedAmt01117
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt037018
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/InclEscrowCustodialAcctLiabInd00
IRS990ScheduleD/LandGrp/BookValueAmt079379
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt079379
IRS990ScheduleD/OtherExpensesIncludedAmt01117
IRS990ScheduleD/OtherRevenuesNotIncludedAmt0-1117
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt0-1117
IRS990ScheduleD/RevenueSubtotalAmt0258981
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0The Library qualifies as a nonprofit organization under Section 501(c)(3) of the Internal Revenue Code. Accordingly, income tax expense is limited to activities that are deemed by the Internal Revenue Service to be unrelated to their exempt purpose. Interest and penalties related to income tax reporting are recognized when incurred and are included in administrative and general expenses on the Statement of Activities. Management has determined the Library had no activities subject to unrelated business income tax (UBIT) during the year ended December 31, 2016. The Library has not been subject to any income tax penalties or interest for all open years. The open tax periods for the Library are 2013, 2014, 2015, and 2016 fiscal year ends.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1Rental Expense -1,117.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt2Rental Expense 1,117.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Part X, Line 2:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1Part XI, Line 4b - Other Adjustments:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc2Part XII, Line 2d - Other Adjustments:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0128879
IRS990ScheduleD/TotalExpensesPerForm990Amt037018
IRS990ScheduleD/TotalRevenuePerForm990Amt0257864
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0258981
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt038135
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0At a regular board meeting, board members were given copies of the entire return. It was reviewed and they voted to approve it.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1All board members monitor themselves, each other, and the organization for possible conflicts of interest.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Copies of Form 1023 and 990 are always available to the public at the library itself, upon request.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Copies of the governing documents, conflict of interest policy, and audited financial statements are always available to the public at the library itself, upon request. All Slippery Rock Community Library Board of Trustee meetings are open to the public.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4The Library prepares its financial statements on the modified cash basis of accounting, which is a comprehensive basis of accounting other than accounting principles generally accepted in the United States of America. Under that basis, certain revenues and related assets are recognized when received rather than when earned, and certain expenses are recognized when paid rather than when the obligations are incurred. The Library recorded the donation of land and a building, changes in the fair value of investments, and the security deposit from its rental property which are modifications to the cash basis of accounting.
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 18
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VI, Section C, line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990, Part XII, Line 1:
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0PA
IRS990/SubjectToProxyTaxInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TemporarilyRstrNetAssetsGrp/BOYAmt0596729
IRS990/TemporarilyRstrNetAssetsGrp/EOYAmt0742261
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0632911
IRS990/TotalAssetsEOYAmt0853157
IRS990/TotalAssetsGrp/BOYAmt0632911
IRS990/TotalAssetsGrp/EOYAmt0853157
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt0249780
IRS990/TotalEmployeeCnt01
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt03443
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt06344
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt027231
IRS990/TotalFunctionalExpensesGrp/TotalAmt037018
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0600
IRS990/TotalLiabilitiesEOYAmt00
IRS990/TotalLiabilitiesGrp/BOYAmt0600
IRS990/TotalLiabilitiesGrp/EOYAmt00
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0632311
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0853157
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt027231
IRS990/TotalProgramServiceRevenueAmt02767
IRS990/TotalReportableCompFromOrgAmt013899
IRS990/TotalRevenueGrp/ExclusionAmt04151
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt03933
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0257864
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt012
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0632911
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0853157
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TravelGrp/ProgramServicesAmt017
IRS990/TravelGrp/TotalAmt017
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UnrestrictedNetAssetsGrp/BOYAmt035582
IRS990/UnrestrictedNetAssetsGrp/EOYAmt0110896
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0PO BOX 25
IRS990/USAddress/CityNm0Slippery Rock
IRS990/USAddress/StateAbbreviationCd0PA
IRS990/USAddress/ZIPCd016057
IRS990/VotingMembersGoverningBodyCnt07
IRS990/VotingMembersIndependentCnt07
IRS990/WebsiteAddressTxt0www.SlipperyRockLibrary.org
IRS990/WhistleblowerPolicyInd00
ReturnHeader/BuildTS02017-02-10 21:41:12Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0Shauna Holt Pearcy
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Treasurer
ReturnHeader/BusinessOfficerGrp/PhoneNum07247389179
ReturnHeader/BusinessOfficerGrp/SignatureDt02017-10-17
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0Slippery Rock Community Library
ReturnHeader/Filer/BusinessNameControlTxt0SLIP

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2016 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$853,157
Liabilities
$0
Net assets
$853,157
Revenue
$257,864
Expenses
$37,018
Net income
$220,846
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$1.09$0.00$1.09$0.13$0.12$0.01
2023Detailed filing. Detailed filing data is available for this year.$1.07$0.00$1.07$0.12$0.09$0.02
2022Detailed filing. Detailed filing data is available for this year.$1.03$0.00$1.03$0.13$0.10$0.03
2021Detailed filing. Detailed filing data is available for this year.$1.03$0.00$1.03$0.13$0.09$0.03
2020Detailed filing. Detailed filing data is available for this year.$0.98$0.00$0.98$0.12$0.09$0.02
2019Detailed filing. Detailed filing data is available for this year.$0.95$0.00$0.95$0.14$0.08$0.05
2018Detailed filing. Detailed filing data is available for this year.$0.90$0.00$0.90$0.09$0.08$0.01
2017Detailed filing. Detailed filing data is available for this year.$0.89$0.00$0.89$0.08$0.04$0.04
2016Detailed filing. Detailed filing data is available for this year.$0.85$0.00$0.85$0.26$0.04$0.22
2015Detailed filing. Detailed filing data is available for this year.$0.63$0.00$0.63$0.23$0.05$0.19
2014Summary only. Only limited summary data is available for this year.$0.44$0.00$0.44$0.32$0.03$0.29
2013Summary only. Only limited summary data is available for this year.$0.16$0.00$0.08$0.02$0.05
2012Summary only. Only limited summary data is available for this year.$0.10$0.00$0.10$0.00$0.10