Community Free Library FY2023 filing

Tax-deductible

Holley, NY501(c)(3)EIN 16-0863477Revenue $259K in FY2023

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.
27¢ of each $1 spent went to programs.
$69K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

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FY2023 · 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
27%
of spending
Concern: 27% of spending went to programs; under 50%.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$69K
to officers and key staff · 24% of spending
Worth a look: pay to officers and key staff is 24% of spending; over 20%.
Pt VII · Sec A
Cash reserves
4 mo
of spending, in cash
Looks good: 4.4 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
$259K
+4% vs prior year
Spent
$285K
To programs
27%
Net assets
$278K
By yearFY2020–FY2024
Revenue
$259K
FY2023▲ +4%
Tap a bar for its year
Revenue by fiscal year
FY2020$222K
FY2021$240K
FY2022$248K
FY2023$259K
FY2024$292K
Expenses
$285K
FY2023▲ +24%
Tap a bar for its year
Expenses by fiscal year
FY2020$208K
FY2021$378K
FY2022$230K
FY2023$285K
FY2024$308K
Net assets
$278K
FY2023▼ -31%
Tap a bar for its year
Net assets by fiscal year
FY2020$442K
FY2021$547K
FY2022$401K
FY2023$278K
FY2024$423K

From the FY2023 Form 990 · see the original

990 PDF Claim
You’re viewing the FY2023 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

27 cents of each dollar spent went to programs.

Program services 27% · $77K Management & general 73% · $208K

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

10 people listed on the 990; $69K paid to officers and key staff.

Part VII, Section A · reportable compensation
Director
$64,231Pt VII · Sec A
$4,738Pt VII · Sec A
Treasurer
$250Pt VII · Sec A
Trustee
$0Pt VII · Sec A
Trustee
$0Pt VII · Sec A
$0Pt VII · Sec A
Board Vice President
$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.

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Provided by the organization

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3 programs · $77K · in their own filed words · FY2023
01

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

$70Kprogram expense
02

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

$7Kprogram expense
03

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

Pt IX · col B

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 FY2023 990, line by line.

1The main four
Money inPt VIII
$259K
Ln 12
Gifts and grantsLn 1h$251K
Investment incomeLn 3$8K
Money outPt IX
$285K
Ln 25
Programscol B$77K
Managementcol C$208K
Owns and owesPt X
$278K
net assets · Ln 32
Cash and savingsLn 1–2$104K
Total assetsLn 16$278K
LiabilitiesLn 26$0
PeoplePt VI, VII
10
listed · VII A
PaidVII A3
Voting boardVI 1a6
IndependentVI 1b6
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$251K
Government grantsLn 1e$203K
Fundraising eventsLn 1c$3K
Investment incomeLn 3$8K
Total revenueLn 12$259K
Assets in detailPt X, end of year
CashLn 1$4K
SavingsLn 2$100K
Cash and savings togetherLn 1–2$104K
InvestmentsLn 11–13$51K
Land, buildings, equipmentLn 10c$122K
Total assetsLn 16$278K
LiabilitiesLn 26$0
Net assetsLn 32$278K
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 FY23End FY23
Cash and savingsLn 1–2$192K$104K
InvestmentsLn 11–13$78K$51K
Land, buildings, equipmentLn 10c$131K$122K
Total assetsLn 16$401K$278K
LiabilitiesLn 26$0$0
Net assetsLn 32$401K$278K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Pay of current officers, directors and key staffLn 5$69K$0$69K$0
Pay of disqualified personsLn 6$101K$0$101K$0
Other employee benefitsLn 9$13K$0$13K$0
Payroll taxesLn 10$17K$0$17K$0
Accounting feesLn 11c$1K$0$1K$0
Advertising and promotionLn 12$332$332$0$0
Office expensesLn 13$6K$6K$0$0
Information technologyLn 14$6K$6K$0$0
Conferences, conventions and meetingsLn 19$421$0$421$0
InsuranceLn 23$4K$0$4K$0
Other expenses (24a–d)Ln 24$68K$65K$3K$0
Total functional expensesLn 25$285K$77K$208K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest $292K$308K−$16K$423K 990 PDF
FY2023 Viewing $259K$285K−$26K$278K 990 PDF
FY2022 $248K$230K$19K$401K 990 PDF
FY2021 $240K$378K−$138K$547K 990 PDF
FY2020 $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 FY2023 990 (6 parts)
Part I · Summary $259,371 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $244,364$251,073
I-9 Program service revenue$0
I-10 Investment incomePrior year $4,093$8,298
I-11 Other revenue$0
I-12 Total revenuePrior year $248,457$259,371
I-13 Grants and similar amounts paid$0
I-14 Benefits paid to members$0
I-15 Salaries and benefitsPrior year $166,636$199,790
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $63,127$85,514
I-18 Total expensesPrior year $229,763$285,304
I-19 Revenue less expensesPrior year $18,694−$25,933
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 $259,371 across 6 lines filed
VIII-1c Fundraising events$2,869
VIII-1e Government grants$203,214
VIII-1f All other contributions, gifts and grants$44,990
VIII-1h Total contributions, gifts and grants$251,073
VIII-3 Investment incomeUnrelated business $0 · Excluded from tax $0$8,298
VIII-12 Total revenueRelated to mission $8,298 · Unrelated business $0 · Excluded from tax $0$259,371
Part IX · Statement of functional expenses $285,304 across 11 lines filed
IX-5 Pay of current officers, directors and key staffPrograms $0 · Management $69,220 · Fundraising $0$69,220
IX-6 Pay of disqualified personsPrograms $0 · Management $100,903 · Fundraising $0$100,903
IX-9 Other employee benefitsPrograms $0 · Management $13,015 · Fundraising $0$13,015
IX-10 Payroll taxesPrograms $0 · Management $16,652 · Fundraising $0$16,652
IX-11c Accounting feesPrograms $0 · Management $1,300 · Fundraising $0$1,300
IX-12 Advertising and promotionPrograms $332 · Management $0 · Fundraising $0$332
IX-13 Office expensesPrograms $6,396 · Management $0 · Fundraising $0$6,396
IX-14 Information technologyPrograms $5,561 · Management $0 · Fundraising $0$5,561
IX-19 Conferences, conventions and meetingsPrograms $0 · Management $421 · Fundraising $0$421
IX-23 InsurancePrograms $0 · Management $3,638 · Fundraising $0$3,638
IX-24 Other expenses (24a–d)Programs $64,784 · Management $3,082 · Fundraising $0$67,866
IX-25 Total functional expensesPrograms $77,073 · Management $208,231 · Fundraising $0$285,304
Part X · Balance sheet $277,528 assets, 8 lines filed
X-1 Cash, non-interest-bearingStart of year $5,309$3,933
X-2 Savings and temporary cash investmentsStart of year $187,018$100,280
X-10c Land, buildings and equipment, netStart of year $131,248$122,268
X-11 Publicly traded securitiesStart of year $77,546$51,047
X-16 Total assetsStart of year $401,121$277,528
X-26 Total liabilitiesStart of year $0$0
X-32 Total net assets or fund balancesStart of year $401,121$277,528
X-33 Total liabilities and net assetsStart of year $401,121$277,528
Part XI · Reconciliation of net assets $277,528 net assets at year end
XI-1 Total revenue$259,371
XI-2 Total expenses$285,304
XI-3 Revenue less expenses−$25,933
XI-4 Net assets at start of year$401,121
XI-10 Net assets at end of year$277,528

Form 990 e-file (XML) FY2023 from the IRS · Classification, formation year and address from the IRS Business Master File

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