Civic Intelligence

Bedford County Library Inc.

990 • Fiscal year 2020 • EIN 46-3019177

Jan 01, 2020 to Dec 31, 2020 • Filed on Nov 12, 2021

240 S Wood StBedford, PA 15522

(814) 623-5010

Siviq Scores

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

Liabilities / Assets

68th percentile

0.04x

Higher debt load relative to assets than 68% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Liabilities / Revenue

72nd percentile

0.05x

Higher debt load relative to revenue than 72% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Net Margin

52nd percentile

6.5%

Higher net margin than 52% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Top Officer Pay

90th percentile

$43,983

Higher top officer pay than 90% of similar nonprofits.

Top officer pay equals 17.2% of source-year revenue.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Asset Growth

48th percentile

2.2%

Faster asset growth than 48% of similar nonprofits.

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

Revenue Growth

66th percentile

1.4%

Faster revenue growth than 66% of similar nonprofits.

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

Assets

Up

$389,140

Up $8,283 (+2.2%) from 2019

Net Assets

Up

$375,166

Up $16,567 (+4.6%) from 2019

Liabilities

Down

$13,974

Down $8,284 (-37%) from 2019

Revenue

Up

$255,750

Up $3,586 (+1.4%) from 2019

Expenses

Down

$239,222

Down $15,192 (-6.0%) from 2019

Net Income

Up

$16,528

Up $18,778 (+835%) from 2019

Historical Trend

Balance Sheet Trend

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

$600K$400K$200K$0Assets 2014: $357,108Liabilities 2014: $34,172Net Assets 2014: $322,9362014Assets 2015: $324,056Liabilities 2015: $6,450Net Assets 2015: $317,6062015Assets 2016: $354,782Liabilities 2016: $6,419Net Assets 2016: $348,3632016Assets 2017: $374,975Liabilities 2017: $8,763Net Assets 2017: $366,2122017Assets 2018: $355,077Liabilities 2018: $10,023Net Assets 2018: $345,0542018Assets 2019: $380,857Liabilities 2019: $22,258Net Assets 2019: $358,5992019Assets 2020: $389,140Liabilities 2020: $13,974Net Assets 2020: $375,1662020Assets 2021: $404,068Liabilities 2021: $6,533Net Assets 2021: $397,5352021Assets 2022: $404,644Liabilities 2022: $8,738Net Assets 2022: $395,9062022Assets 2023: $388,899Liabilities 2023: $6,541Net Assets 2023: $382,3582023Assets 2024: $393,475Liabilities 2024: $6,363Net Assets 2024: $387,1122024

Highlighted filing

2020

Assets$389,140
Liabilities$13,974
Net Assets$375,166

Operations Trend

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

$600K$400K$200K$0-$200KRevenue 2014: $526,694Expenses 2014: $204,160Net Income 2014: $322,5342014Revenue 2015: $210,738Expenses 2015: $200,968Net Income 2015: $9,7702015Revenue 2016: $233,685Expenses 2016: $211,672Net Income 2016: $22,0132016Revenue 2017: $217,605Expenses 2017: $208,114Net Income 2017: $9,4912017Revenue 2018: $251,006Expenses 2018: $255,960Net Income 2018: -$4,9542018Revenue 2019: $252,164Expenses 2019: $254,414Net Income 2019: -$2,2502019Revenue 2020: $255,750Expenses 2020: $239,222Net Income 2020: $16,5282020Revenue 2021: $292,312Expenses 2021: $269,943Net Income 2021: $22,3692021Revenue 2022: $314,111Expenses 2022: $315,740Net Income 2022: -$1,6292022Revenue 2023: $301,342Expenses 2023: $314,890Net Income 2023: -$13,5482023Revenue 2024: $329,883Expenses 2024: $325,129Net Income 2024: $4,7542024

Highlighted filing

2020

Revenue$255,750
Expenses$239,222
Net Income$16,528
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
Nov 12, 2021
Return Version
2020v4.1
Gross Receipts
$255,750
Mission and Program Overview

Mission

To provide a free public library to the general public by providing books, reference materials etc.

To provide a free public library to the general public by providing books,reference materials, etc.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$173,709$174,136▲ $427
Land, Buildings, and Equipment, Net$71,825$69,406▼ $2,419
Accounts Receivable$75,444$59,047▼ $16,397
Cash and Non-Interest-Bearing Accounts$15,690$40,733▲ $25,043
Savings and Temporary Cash Investments$14,596$14,652▲ $56
Prepaid Expenses and Deferred Charges$5,065$3,936▼ $1,129
Pledges and Grants Receivable$730--
Total Assets$380,857$389,140▲ $8,283
Other Assets Total$23,798$27,230▲ $3,432
Liabilities
Accounts Payable and Accrued Expenses$22,258$13,974▼ $8,284
Other Liabilities$0$0→ $0
Total Liabilities$22,258$13,974▼ $8,284
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$346,277$362,844▲ $16,567
Net Assets With Donor Restrictions$12,322$12,322→ $0
Total Net Assets Fund Balance$358,599$375,166▲ $16,567
Total Liabilities and Net Assets / Fund Balance$380,857$389,140▲ $8,283

Asset Categories

AssetBook ValueDepreciationBasis
Leasehold Improvements$49,939$13,541$63,480
Equipment$19,467$37,415$56,882
Land$0--
Other Assets Org$27,230--

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2020$23,798-▲ $3,760-$27,230
2019$20,323-▲ $3,475-$23,798
2018$21,886-▼ $1,563-$20,323
2017$19,329-▲ $2,557-$21,886
2016$18,336-▲ $993-$19,329
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Matthew G GodissartDirectorFT$43,983$43,983

Board Members and Trustees

NameTitle
Gisele CollegePresident
Brandi HersheyVice President
Mary HellerBoard member
Rick SmithBoard member
Thalia FleetwoodSecretary
Dennis ShafferTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$228,119
Program Service Revenue
$13,335
Investment Income
$11,702
Other Revenue
$2,594
All Other Contributions
$38,954
Change in Net Assets
$16,528

Audited Revenue Reconciliation

Revenue per Audited Statements
$255,750
Total Revenue per Audited Statements
$255,750
Total Revenue per Form 990
$255,750
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$182,264
Other Expenses$56,958
Total Fundraising Expense$2,050
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$91,747$10,309$1,031$103,087
Current Officers, Directors, Trustees, and Key Employees$39,144$4,399$440$43,983
All Other Expenses$15,134$1,647$74$16,855
Other Employee Benefits$11,192$1,258$126$12,576
Payroll Taxes$11,022$1,238$124$12,384
Pension Plan Contributions$9,109$1,023$102$10,234
Depreciation Depletion$7,793$876$88$8,757
Fees for Services Accounting$0$6,633$0$6,633
Insurance$3,701$416$42$4,159
Information Technology$1,868$210$21$2,099
Other Expenses$554$0$0$554
Fees for Service Investment Mgmnt Fees$0$327$0$327
Advertising$207$23$2$232
Travel$13$0$0$13
Total Functional Expenses$208,813$28,359$2,050$239,222

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$239,222
Total Expenses per Audited Statements$239,222
Total Expenses per Form 990$239,222
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

Other Reported Liabilities

LiabilityAmount
Federal tax liability$0
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
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
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No
Filing and Contact Details

Filer

Filer Name
Bedford County Library Inc
EIN
46-3019177
Phone
8146235010
Address
240 S Wood St, Bedford, PA 15522

Signing Officer

Name
Matthew Godissart
Title
Director
Phone
8146235010
Signed
2021-11-12
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Matthew Godissart
Formed
2014
Legal Domicile
Pa
Voting Board Members
6
Independent Board Members
6
Employees
7
Volunteers
9

Preparer

Firm
Ritchey Ritchey & Koontz
Address
336 E Pitt Street, Bedford, PA 15522
Preparer
Brad M Koontz
Phone
8146239510
Supplemental Narrative

Additional Explanations

Pt VI, Line 11B

The Director and Treasurer review the 990 w/the preparer. Any necessary changes or concerns are reviewed prior to finalizing the return.

Pt VI, Line 12C

The organization requires disclosure of any interests by employees and board members that may present a conflict of interest.

Pt VI, Line 15A

Director salary is approved by the board of directors using comparable salary data form similar organizations and also considering the geographic location.

Pt VI, Line 15B

The board of directors will approve wages of other staff based on annual reviews and input from the director.

Pt XI

Prior year adjustment

Financial Statement Notes

Pt V, Line 4

The Bedford County Library holds a beneficial interest in a Fund held with a local community foundation. The Fund is subject to the Foundation's investemnt and spending policies, which currently result in a distribution to the Library at times which cannot exceed the net earnings in the Fund.

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IRS990/PrincipalOfficerNm0Matthew Godissart
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0900099
IRS990/ProgramServiceRevenueGrp/Desc0Library program charges
IRS990/ProgramServiceRevenueGrp/ExclusionAmt00
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt013335
IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0223326
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt011328
IRS990/PYOtherExpensesAmt065691
IRS990/PYProgramServiceRevenueAmt017510
IRS990/PYRevenuesLessExpensesAmt0-2250
IRS990/PYSalariesCompEmpBnftPaidAmt0188723
IRS990/PYTotalExpensesAmt0254414
IRS990/PYTotalRevenueAmt0252164
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt016528
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0true
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt0255750
IRS990/SavingsAndTempCashInvstGrp/BOYAmt014596
IRS990/SavingsAndTempCashInvstGrp/EOYAmt014652
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0Other Income Part II, Line 10 Description: Sale of assets 2020: 1270. Description: Other 2020: 1324.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0Pt II Ln 10
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0228119
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0223326
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0221513
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0191313
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0210307
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt01074578
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt013335
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt06810
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt08221
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt08888
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt08796
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt046050
IRS990ScheduleA/InvestmentIncomeCYPct00
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearAmt02594
IRS990ScheduleA/OtherIncome170Grp/TotalAmt02594
IRS990ScheduleA/OtherSupportSumAmt00
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.95670
IRS990ScheduleA/PublicSupportCY509Pct00
IRS990ScheduleA/PublicSupportTotal170Amt01074578
IRS990ScheduleA/PublicSupportTotal509Amt00
IRS990ScheduleA/SubstantialContributorsTotAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0228119
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0223326
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0221513
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0191313
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0210307
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt01074578
IRS990ScheduleA/TotalSupportAmt01123222
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt00
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/BoardDesignatedBalanceEOYPct00.54750
IRS990ScheduleD/CYEndwmtFundGrp/AdministrativeExpensesAmt0328
IRS990ScheduleD/CYEndwmtFundGrp/BeginningYearBalanceAmt023798
IRS990ScheduleD/CYEndwmtFundGrp/EndYearBalanceAmt027230
IRS990ScheduleD/CYEndwmtFundGrp/InvestmentEarningsOrLossesAmt03760
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/BeginningYearBalanceAmt020323
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/EndYearBalanceAmt023798
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt03475
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/BeginningYearBalanceAmt021886
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/EndYearBalanceAmt020323
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0-1563
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/BeginningYearBalanceAmt019329
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/EndYearBalanceAmt021886
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt02557
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/BeginningYearBalanceAmt018336
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/EndYearBalanceAmt019329
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0993
IRS990ScheduleD/EndowmentsHeldRelatedOrgInd0false
IRS990ScheduleD/EndowmentsHeldUnrelatedOrgInd0true
IRS990ScheduleD/EquipmentGrp/BookValueAmt019467
IRS990ScheduleD/EquipmentGrp/DepreciationAmt037415
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt056882
IRS990ScheduleD/ExpensesSubtotalAmt0239222
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LandGrp/BookValueAmt00
IRS990ScheduleD/LandGrp/InvestmentCostOrOtherBasisAmt00
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt049939
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt013541
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt063480
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt027230
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0Beneficial interest in the Community Fdn
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt00
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0Federal tax liability
IRS990ScheduleD/PrmnntEndowmentBalanceEOYPct00.45250
IRS990ScheduleD/RevenueSubtotalAmt0255750
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0The Bedford County Library holds a beneficial interest in a Fund held with a local community foundation. The Fund is subject to the Foundation's investemnt and spending policies, which currently result in a distribution to the Library at times which cannot exceed the net earnings in the Fund.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Pt V, Line 4
IRS990ScheduleD/TotalBookValueLandBuildingsAmt069406
IRS990ScheduleD/TotalBookValueOtherAssetsAmt027230
IRS990ScheduleD/TotalExpensesPerForm990Amt0239222
IRS990ScheduleD/TotalLiabilityAmt00
IRS990ScheduleD/TotalRevenuePerForm990Amt0255750
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0255750
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0239222
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0The Director and Treasurer review the 990 w/the preparer. Any necessary changes or concerns are reviewed prior to finalizing the return.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1The organization requires disclosure of any interests by employees and board members that may present a conflict of interest.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Director salary is approved by the board of directors using comparable salary data form similar organizations and also considering the geographic location.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3The board of directors will approve wages of other staff based on annual reviews and input from the director.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Prior year adjustment
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Pt VI, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Pt VI, Line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Pt VI, Line 15a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Pt VI, Line 15b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Pt XI
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0PA
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false

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