Community Free Library FY2020 filing

Tax-deductible

Holley, NY501(c)(3)EIN 16-0863477Revenue $222K in FY2020

On file with the IRS86 Public Sq, 14470-1131 · Holley, NYTax-exempt since Sep 1959Publicly supported charity — 170(b)(1)(A)(vi)

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Promote Opportunity Encourge education,serve as a center for informmation and assemble & oraganize the collectionof material having cultural historicial information

501(c)(3) charity; gifts are tax-deductible.
55¢ of each $1 spent went to programs.
$2K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

Before you give

FY2020 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
2 of 5
filings with a surplus
Average deficit $30K a year · 12% of revenue · last 5 filings
Concern: a surplus in 2 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
55%
of spending
Worth a look: 55% of spending went to programs; under 65%.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$2K
to officers and key staff · 0.8% of spending
Looks good: pay to officers and key staff is 1% of spending; 15% or less.
Pt VII · Sec A
Cash reserves
13 mo
of spending, in cash
Looks good: 12.9 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
4
named funders · $43K
Looks good: 4 funders name it on their filings; 3 or more.
Funders’ Sch. I, 990-PF
Liabilities
$0
0% of total assets
Looks good: liabilities are 0% of assets; 50% or less.
Pt X · Ln 26
Independent board members
6
of 6 voting members
Looks good: 6 of 6 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$222K
Spent
$208K
To programs
55%
Net assets
$442K
By yearFY2020–FY2024
Revenue
$222K
FY2020
Tap a bar for its year
Revenue by fiscal year
FY2020$222K
FY2021$240K
FY2022$248K
FY2023$259K
FY2024$292K
Expenses
$208K
FY2020
Tap a bar for its year
Expenses by fiscal year
FY2020$208K
FY2021$378K
FY2022$230K
FY2023$285K
FY2024$308K
Net assets
$442K
FY2020
Tap a bar for its year
Net assets by fiscal year
FY2020$442K
FY2021$547K
FY2022$401K
FY2023$278K
FY2024$423K

From the FY2020 Form 990 · see the original

Form 990 (PDF) Claim
You’re viewing the FY2020 filing — not the latest on file. See the latest (FY2024) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Sep 1959.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

55 cents of each dollar spent went to programs.

Program services 55% · $116K Management & general 45% · $93K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

8 people listed on the 990; $2K paid to officers and key staff.

Part VII, Section A · reportable compensation
$1,725Pt VII · Sec A
Board Vice President
$0Pt VII · Sec A
$0Pt VII · Sec A
Trustee
$0Pt VII · Sec A
Board President
$0Pt VII · Sec A
Trustee
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A

Compensation history total reportable pay by year · 5 named individuals · Part VII

NameFY2024FY2023FY2022FY2021FY2020
Sandra Shaw$55,500$64,231$65,602$58,322—
Felicia Cercere———$20,221—
Amanda Anderson$11,700————
Melissa Blanar—$4,738$5,066$5,525$1,725
Keli Madden—$250———

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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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes

Programs and updates

Encourages education, shares information, and collects cultural and historical materials.

Provided by the organization

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3 programs · $116K · in their own filed words · FY2020
01

serve a general center for information Number of Patron Visits 62173 internet use 1926 meeting room use 93

$113Kprogram expense
02

Promote Opportunity & Encourge Education Adult Programs 24 Young Adult Programs 18 Childrens Programs 95

$2Kprogram expense
03

Assemble and organize the collection of books and other material interlibrary loans 3523 interlibrary received 3352 Total circulation 19865

$601program expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · funders on record
Grants received · FY2024
Total grants receivedfrom 4 funders$43K
See all 4 funders →

By the numbers

The FY2020 990, line by line.

1The main four
Money inPt VIII
$222K
Ln 12
Gifts and grantsLn 1h$221K
Investment incomeLn 3$1K
Money outPt IX
$208K
Ln 25
Programscol B$116K
Managementcol C$93K
Owns and owesPt X
$442K
net assets · Ln 32
Cash and savingsLn 1–2$224K
Total assetsLn 16$442K
LiabilitiesLn 26$0
PeoplePt VI, VII
8
listed · VII A
PaidVII A1
Voting boardVI 1a6
IndependentVI 1b6
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$221K
Government grantsLn 1e$186K
Fundraising eventsLn 1c$196
Investment incomeLn 3$1K
Total revenueLn 12$222K
Assets in detailPt X, end of year
CashLn 1$57K
SavingsLn 2$167K
Cash and savings togetherLn 1–2$224K
InvestmentsLn 11–13$65K
Land, buildings, equipmentLn 10c$153K
Total assetsLn 16$442K
LiabilitiesLn 26$0
Net assetsLn 32$442K
OperationsPt I, VI
EmployeesI 516
VolunteersI 60
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aNo
Whistleblower policyVI 13No
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY20End FY20
Cash and savingsLn 1–2$185K$224K
InvestmentsLn 11–13$65K$65K
Land, buildings, equipmentLn 10c$153K$153K
Total assetsLn 16$403K$442K
LiabilitiesLn 26$0$0
Net assetsLn 32$403K$442K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$2K$2K
Grants to domestic individualsLn 2$0$0
Grants and assistance to foreign recipientsLn 3$0$0
Benefits paid to or for membersLn 4$0$0
Pay of current officers, directors and key staffLn 5$63K$0$63K$0
Other salaries and wagesLn 7$72K$72K$0$0
Pension plan contributionsLn 8$0$0$0$0
Accounting feesLn 11c$1K$1K$0$0
Advertising and promotionLn 12$335$335$0$0
Office expensesLn 13$2K$2K$0$0
Information technologyLn 14$278$278$0$0
Depreciation, depletion and amortizationLn 22$13K$13K$0$0
InsuranceLn 23$2K$0$2K$0
Other expenses (24a–d)Ln 24$52K$24K$28K$0
Total functional expensesLn 25$208K$116K$93K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest $292K$308K−$16K$423K 990 PDF
FY2023 $259K$285K−$26K$278K 990 PDF
FY2022 $248K$230K$19K$401K 990 PDF
FY2021 $240K$378K−$138K$547K 990 PDF
FY2020 Viewing $222K$208K$14K$442K 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2020 990 (6 parts)
Part I · Summary $222,166 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $215,242$221,151
I-9 Program service revenue$0
I-10 Investment incomePrior year $606$1,015
I-11 Other revenuePrior year $0$0
I-12 Total revenuePrior year $215,848$222,166
I-13 Grants and similar amounts paidPrior year $0$2,498
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $147,073$134,747
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $95,333$71,199
I-18 Total expensesPrior year $242,406$208,444
I-19 Revenue less expensesPrior year −$26,558$13,722
Part VI · Governance 6 of 6 board members independent, 3 to look at
VI-1a Voting members of the governing body6
VI-1b Independent voting members6
VI-12a Written conflict of interest policyNo
VI-13 Written whistleblower policyNo
VI-14 Document retention and destruction policyNo
VI-2 Family or business relationship among officers or directorsNo
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $222,166 across 6 lines filed
VIII-1c Fundraising events$196
VIII-1e Government grants$186,289
VIII-1f All other contributions, gifts and grants$34,666
VIII-1h Total contributions, gifts and grants$221,151
VIII-3 Investment incomeUnrelated business $0 · Excluded from tax $0$1,015
VIII-12 Total revenueRelated to mission $1,015 · Unrelated business $0 · Excluded from tax $0$222,166
Part IX · Statement of functional expenses $208,444 across 14 lines filed
IX-1 Grants to domestic organizationsPrograms $2,498$2,498
IX-2 Grants to domestic individualsPrograms $0$0
IX-3 Grants and assistance to foreign recipientsPrograms $0$0
IX-4 Benefits paid to or for membersPrograms $0$0
IX-5 Pay of current officers, directors and key staffPrograms $0 · Management $62,887 · Fundraising $0$62,887
IX-7 Other salaries and wagesPrograms $71,860 · Management $0 · Fundraising $0$71,860
IX-8 Pension plan contributionsPrograms $0 · Management $0 · Fundraising $0$0
IX-11c Accounting feesPrograms $1,080 · Management $0 · Fundraising $0$1,080
IX-12 Advertising and promotionPrograms $335 · Management $0 · Fundraising $0$335
IX-13 Office expensesPrograms $2,482 · Management $0 · Fundraising $0$2,482
IX-14 Information technologyPrograms $278 · Management $0 · Fundraising $0$278
IX-22 Depreciation, depletion and amortizationPrograms $13,082 · Management $0 · Fundraising $0$13,082
IX-23 InsurancePrograms $0 · Management $1,990 · Fundraising $0$1,990
IX-24 Other expenses (24a–d)Programs $24,057 · Management $27,895 · Fundraising $0$51,952
IX-25 Total functional expensesPrograms $115,672 · Management $92,772 · Fundraising $0$208,444
Part X · Balance sheet $441,677 assets, 8 lines filed
X-1 Cash, non-interest-bearingStart of year $29,489$57,077
X-2 Savings and temporary cash investmentsStart of year $155,706$166,766
X-10c Land, buildings and equipment, netStart of year $152,792$152,792
X-11 Publicly traded securitiesStart of year $65,042$65,042
X-16 Total assetsStart of year $403,029$441,677
X-26 Total liabilitiesStart of year $0$0
X-32 Total net assets or fund balancesStart of year $403,029$441,677
X-33 Total liabilities and net assetsStart of year $403,029$441,677
Part XI · Reconciliation of net assets $441,677 net assets at year end
XI-1 Total revenue$222,166
XI-2 Total expenses$208,444
XI-3 Revenue less expenses$13,722
XI-4 Net assets at start of year$403,029
XI-10 Net assets at end of year$441,677

Form 990 e-file (XML) FY2020 from the IRS · Classification, formation year and address from the IRS Business Master File

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