Barker Public Library EIN 16-0793818 Form 990 (PDF) Claim this org

Barker Public Library FY2023 filing

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Provides library services to the community and surrounding area. For fiscal year 2023 it reported $95K in revenue, $94K in expenses, and $876K in net assets.Pt I

Type
Public charity (501(c)(3)) · Nonprofit
Location
Barker, NY
Filings
5 on file (2020–2023)
Revenue
$95KFY2023
Expenses
$94K
Net assets
$876K
People
6
Filings
5
Updates
0
More identity details & actions ⌄
EIN  16-0793818 Public charity (501(c)(3)) Barker, NY
Form 990 (PDF)
You’re viewing the FY2023 filing — not the latest on file. See the latest (FY2025) →
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Size
$100K–1M
What they do
Provides library services to the community and surrounding area.
Leadership
Kathie Smith · President
Money in and out
$95K revenue, $94K expenses
Bottom line
100% program efficiency
Where the money goes · FY2023
Total revenue
$95K
Pt VIII · Ln 12
Total expenses
$94K
Pt IX · Ln 25
Net assets
$876K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $2K
Where spending went · Part IX cols B–D
Program services $1.00
Program efficiency
100%
of spending reaches programs
Operating runway
83.6mo
months of highly liquid reserves at operating expense rate
Surplus margin
+2%
revenue over expenses, this year

Summary of the Filing

Part I · fiscal year 2023 · Form 990
Revenue
$95K
FY2023▼ -43%
Expenses
$94K
FY2023▼ -0.8%
Total assets
$1.1M
FY2023▲ +28%
Total liabilities
$248K
FY2023▲ ×200
Total revenue
$95K
Pt VIII · Ln 12
Total expenses
$94K
Pt IX · Ln 25
Net assets
$876K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$2K
Total assetsPt X · Ln 16$1.1M
Program-expense ratioPt IX · col B100%
Voting members of governing bodyPt I · Ln 36
Independent voting membersPt I · Ln 46

Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CBarker Public Library
EINHdr · item D16-0793818
Principal addressHdr · item CBarker, NY
WebsiteHdr · item Jnone reported
Year of formationHdr · item Lpending
State of legal domicileHdr · item MNY
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFNonprofit
Ruling yearIRS BMFJul 1959

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a6
Independent voting membersPt VI · Ln 1b6
Conflict-of-interest policyPt VI · Ln 12aNo
Whistleblower policyPt VI · Ln 13No
Document retention policyPt VI · Ln 14No
CEO/top-official compensation independently reviewedPt VI · Ln 15aNo
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
President
$0Pt VII · Sec A
Vice President
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A

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

NameFY2021FY2020
Theresa Kennedy$8,194$5,850

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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Mission & Programs · Part III

Where the work happens

1 program service account for $94K of program spending, described in the organization's own filed words · FY2023.
01

Library Services to the Community and Surrounding Area

$94Kprogram expense

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Statement of Revenue

Part VIII
Program service revenue$85K · 89%
Contributions & grants$10K · 11%
Program service revenue89%$85K
Contributions & grants11%$10K
Total revenueLn 12$95K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $1.00
Program services100%$94K
Total functional expensesLn 25$94K

Balance Sheet

Part X · end of year
CashLn 1$652K
Total assetsLn 16$1.1M
Total liabilitiesLn 26$248K
Total net assetsLn 32$876K
Months of cash on handcomputed83.6

Financial Metrics

Form 990 · FY2023 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $652K · Operating expenses/yr $94K
83.6 months
Where the money goes
Program services
Program services $94K · Total expenses $94K
100%
Management & General
Management & general $0 · Total expenses $94K
0%
Fundraising
Fundraising $0 · Total expenses $94K
0%
Cost to raise $1
Fundraising expense (3-yr avg) $0 · Solicited contributions (3-yr avg) $124K
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $10K · Total revenue $95K
11%
Government reliance
Government grants — · Total revenue $95K
Earned-income share
Program service revenue $85K · Total revenue $95K
89%
Investment reliance
Investment income $0 · Total revenue $95K
0%
Program self-sufficiency
Program service revenue $85K · Total expenses $94K
91%
Growth & trend
Revenue growth (YoY)
This year $95K · Prior year $168K
-43%
Net-asset trend (YoY)
End of year $876K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $95K · Expenses $94K
+2%
Liabilities-to-Assets
Total liabilities — · Total assets $1.1M
Net-asset ratio
Net assets $876K · Total assets $1.1M
78%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $0 · Other securities (Pt X, ln 12) $0 · Total assets (Pt X, ln 16) $1.1M
0%
People & payroll
Highest Reported Total Compensation
Individual Kathie Smith · Reported title President · Highest reported compensation $0 · Total expenses $94K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $55K · Total expenses $94K
59%
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 100%
Overhead ratio 0%
Fundraising cost ratio 0%
Revenue growth -43%
Investment management fee ratio 0%
Legal fee ratio 0%
Accounting fee ratio 6%
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 · FY2023
Total grants receivedfrom 1 funder$143

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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
FY2025 (Latest)$139K revenue · ⤓ 990 PDF
FY2024not on file
FY2023$95K revenue · viewing · ⤓ 990 PDF
FY2022$168K revenue · ⤓ 990 PDF
FY2021$422K revenue · ⤓ 990 PDF
FY2020$320K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2023IRS
Classification, formation year, addressIRS Business Master File
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