Brunswick Community Library EIN 14-1700585

Brunswick Community Library

EIN  14-1700585 Public charity (501(c)(3)) Troy, NY
Form 990 (PDF) Compare with another nonprofit →
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Size
$100K–1M
What they do
Provides free books and children's programs for community enrichment.
Leadership
Sara L Hopkins · Library Director · $70K
Money in and out
$286K revenue, $256K expenses
Bottom line
91% program efficiency

Provides free books and children's programs for community enrichment. For fiscal year 2024 it reported $286K in revenue, $256K in expenses, and $673K in net assets.Pt I

Where the money goes · FY2024
Total revenue
$286K
Pt VIII · Ln 12
Total expenses
$256K
Pt IX · Ln 25
Net assets
$673K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $30K
Where spending went · Part IX cols B–D
Program services $0.91 Management & general $0.09
Program efficiency
91%
of spending reaches programs▲ +1% vs prior filing year
Operating runway
16.9mo
months of highly liquid reserves at operating expense rate▲ +3% vs prior filing year
Surplus margin
+11%
revenue over expenses, this year▼ -10% vs prior filing year

Summary of the Filing

Part I · fiscal year 2024 · Form 990
Revenue
$286K
FY2024▲ +15%
Expenses
$256K
FY2024▲ +16%
Total assets
$678K
FY2024▲ +5%
Total liabilities
$5K
FY2024▲ +38%
Total revenue
$286K
Pt VIII · Ln 12
Total expenses
$256K
Pt IX · Ln 25
Net assets
$673K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$30K
Total assetsPt X · Ln 16$678K
Program-expense ratioPt IX · col B91%
Voting members of governing bodyPt I · Ln 311
Independent voting membersPt I · Ln 411
Mission & Programs · Part III

Where the work happens

1 program service account for $233K of program spending, described in the organization's own filed words · FY2024.
01

Community library, free community lending-recreational reading, reference materials and childrens programs

$233Kprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CBrunswick Community Library
EINHdr · item D14-1700585
Principal addressHdr · item CTroy, NY
WebsiteHdr · item Jwww.brunswicklibrary.org
Year of formationHdr · item Lpending
State of legal domicileHdr · item MNY
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFEducation (B70)
Ruling yearIRS BMFJun 1992

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a11
Independent voting membersPt VI · Ln 1b11
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13Yes
Document retention policyPt VI · Ln 14No
CEO/top-official compensation independently reviewedPt VI · Ln 15aYes
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
Library Director
$70,246Pt VII · Sec A
Secretary
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A

Sara L Hopkins’s $70K as Library Director is at the 63rd percentile of top reported officer pay among 1615 $100K–1M education nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 1 named individual · Part VII

NameFY2024FY2023FY2022FY2021FY2020
Sara L Hopkins$70,246$58,654$61,140$57,183$56,074

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

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Statement of Revenue

Part VIII
Contributions & grants$268K · 94%
Investment income$10K · 4%
Other revenue$6K · 2%
Program service revenue$2K · 1%
Contributions & grants94%$268K
Investment income4%$10K
Other revenue2%$6K
Program service revenue1%$2K
— government grantsLn 1e$198K
Total revenueLn 12$286K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.91 Management & general $0.09
Program services91%$233K
Management & general9%$23K
Total functional expensesLn 25$256K

Balance Sheet

Part X · end of year
CashLn 1$360K
Total assetsLn 16$678K
Total liabilitiesLn 26$5K
Total net assetsLn 32$673K
Months of cash on handcomputed16.9

Financial Metrics

Form 990 · FY2024 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $360K · Operating expenses/yr $256K
16.9 months
Where the money goes
Program services
Program services $233K · Total expenses $256K
91%
Management & General
Management & general $23K · Total expenses $256K
9%
Fundraising
Fundraising $0 · Total expenses $256K
0%
Cost to raise $1
Fundraising expense (3-yr avg) $0 · Solicited contributions (3-yr avg) $66K
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $268K · Total revenue $286K
94%
Government reliance
Government grants $198K · Total revenue $286K
69%
Earned-income share
Program service revenue $2K · Total revenue $286K
1%
Investment reliance
Investment income $10K · Total revenue $286K
+4%
Program self-sufficiency
Program service revenue $2K · Total expenses $256K
1%
Growth & trend
Revenue growth (YoY)
This year $286K · Prior year $250K
+15%
Revenue CAGR
FY2020 $256K · FY2024 $286K
+3%
Net-asset trend (YoY)
End of year $673K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $286K · Expenses $256K
+11%
Liabilities-to-Assets
Total liabilities — · Total assets $678K
Net-asset ratio
Net assets $673K · Total assets $678K
99%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $0 · Other securities (Pt X, ln 12) $0 · Total assets (Pt X, ln 16) $678K
0%
People & payroll
Highest Reported Total Compensation
Individual Sara L Hopkins · Reported title LIBRARY DIRECTOR · Highest reported compensation $70K · Total expenses $256K
27%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $165K · Total expenses $256K
64%
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 91%
Overhead ratio 9%
Fundraising cost ratio 0%
Revenue growth 15%
Investment management fee ratio 0%
Legal fee ratio 0%
Accounting fee ratio 0%
Fundraising fee ratio 0%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Grants

Schedule I · funders on record
Grants received · FY2024
Total grants receivedfrom 2 funders$9K

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2024 (Latest)$286K revenue · viewing · ⤓ 990 PDF
FY2023$250K revenue · ⤓ 990 PDF
FY2022$251K revenue · ⤓ 990 PDF
FY2021$248K revenue · ⤓ 990 PDF
FY2020$256K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2024IRS
Classification, formation year, addressIRS Business Master File
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