Gowanda Free Library EIN 16-6000414 Form 990 (PDF) Claim this org

Gowanda Free Library FY2020 filing

Not yet claimed Claim this org →

Offers free library services to the Gowanda area. For fiscal year 2020 it reported $28K in revenue, $72K in expenses, and $256K in net assets.Pt I

Type
Public charity (501(c)(3)) · Education
Location
Gowanda, NY
Filings
5 on file (2020–2020)
Revenue
$28KFY2020
Expenses
$72K
Net assets
$256K
People
5
Filings
5
Updates
0
More identity details & actions ⌄
EIN  16-6000414 Public charity (501(c)(3)) Gowanda, NY
Form 990 (PDF)
You’re viewing the FY2020 filing — not the latest on file. See the latest (FY2024) →
Compare with another nonprofit →
Is this your organization?
Claim this profile to manage it and share your story.
Claim
Provided by the organization

This section is blank until Gowanda Free Library claims this page.

Know this organization? Claim it to add your story

Size
$100K–1M
What they do
Offers free library services to the Gowanda area.
Leadership
Mindy Purdy · Acting President and Vice Pres
Money in and out
$28K revenue, $72K expenses
Bottom line
91% program efficiency
Where the money goes · FY2020
Total revenue
$28K
Pt VIII · Ln 12
Total expenses
$72K
Pt IX · Ln 25
Net assets
$256K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): −$44K
Where spending went · Part IX cols B–D
Program services $0.91 Management & general $0.09
Program efficiency
91%
of spending reaches programs
Operating runway
31.7mo
months of highly liquid reserves at operating expense rate
Surplus margin
-160%
revenue over expenses, this year

Summary of the Filing

Part I · fiscal year 2020 · Form 990
Revenue
$28K
FY2020
Expenses
$72K
FY2020
Total assets
$256K
FY2020
Total liabilities
$0
FY2020
Total revenue
$28K
Pt VIII · Ln 12
Total expenses
$72K
Pt IX · Ln 25
Net assets
$256K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19−$44K
Total assetsPt X · Ln 16$256K
Program-expense ratioPt IX · col B91%
Voting members of governing bodyPt I · Ln 35
Independent voting membersPt I · Ln 45
Mission & Programs · Part III

Where the work happens

3 program services account for $65K of program spending, described in the organization's own filed words · FY2020.
01

Providing educational, cultural and recreational materials to the community in the form of periodicals, videos, books, and audio for all ages

$63Kprogram expense
02

Providing free internet and computer access to the community

$1Kprogram expense
03

Providing enriching and educational programs for the community including storytimes, games, clubs and artistic classes

$291program expense

Run this program? Claim this org to tell your story

Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CGowanda Free Library
EINHdr · item D16-6000414
Principal addressHdr · item CGowanda, 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 BMFEducation (B70)
Ruling yearIRS BMFFeb 2001

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a5
Independent voting membersPt VI · Ln 1b5
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
Acting President and Vice Pres
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Trustee
$0Pt VII · Sec A

Heidi Khawam Rabat’s $28K as Director is at the 21st 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 · 3 named individuals · Part VII

NameFY2024FY2023
Heidi Khawam Rabat$28,426
Heidi Khawam$16,600
Hayley Wilkins$6,764

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.

See Gowanda Free Library executive salaries →

Are you one of these people? Claim this org to confirm your role

Statement of Revenue

Part VIII
Contributions & grants$13K · 48%
Investment income$9K · 32%
Program service revenue$4K · 16%
Other revenue$1K · 4%
Contributions & grants48%$13K
Investment income32%$9K
Program service revenue16%$4K
Other revenue4%$1K
Total revenueLn 12$28K

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%$65K
Management & general9%$7K
Total functional expensesLn 25$72K

Balance Sheet

Part X · end of year
CashLn 1$14K
Total assetsLn 16$256K
Total liabilitiesLn 26$0
Total net assetsLn 32$256K
Months of cash on handcomputed2.3

Financial Metrics

Form 990 · FY2020 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $189K · Operating expenses/yr $72K
31.7 months
Where the money goes
Program services
Program services $65K · Total expenses $72K
91%
Management & General
Management & general $7K · Total expenses $72K
9%
Fundraising
Fundraising $0 · Total expenses $72K
0%
Cost to raise $1
Fundraising expense $0 · Solicited contributions $13K
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $13K · Total revenue $28K
48%
Government reliance
Government grants — · Total revenue $28K
Earned-income share
Program service revenue $4K · Total revenue $28K
16%
Investment reliance
Investment income $9K · Total revenue $28K
+32%
Program self-sufficiency
Program service revenue $4K · Total expenses $72K
6%
Growth & trend
Revenue growth (YoY)
This year $28K · Prior year —
No prior year on file
Net-asset trend (YoY)
End of year $256K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $28K · Expenses $72K
-160%
Liabilities-to-Assets
Total liabilities — · Total assets $256K
Net-asset ratio
Net assets $256K · Total assets $256K
100%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $176K · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $256K
69%
People & payroll
Highest Reported Total Compensation
Individual Mindy Purdy · Reported title ACTING PRESIDENT AND VICE PRES · Highest reported compensation $0 · Total expenses $72K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $37K · Total expenses $72K
51%
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%
Accounting fee ratio 3%

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 1 funder$16K

Similar Organizations

Closest in mission — by what they do
See all organizations like Gowanda Free Library →

Compare

Search another nonprofit to view revenue, expenses, assets, key metrics, and leaders side by side

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)$141K revenue · ⤓ 990 PDF
FY2023$84K revenue · ⤓ 990 PDF
FY2022$79K revenue · ⤓ 990 PDF
FY2021$74K revenue · ⤓ 990 PDF
FY2020$28K revenue · viewing · ⤓ 990 PDF

Want to add your own materials alongside these filings? Claim this org

Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2020IRS
Classification, formation year, addressIRS Business Master File
Names, privacy, and removal requests More

The names, titles, and compensation shown on this page are reproduced from IRS Form 990 filings, which are public records.

Philanthropy.org does not alter the content of those filings. All information appears exactly as reported by the filing organization for the tax year shown.

We publish only information contained in the public IRS filing — and less than the filing contains. Our profile pages do not display street addresses, telephone numbers, personal email addresses, or other personal contact information, even where the filing includes them.

Many people share the same name. A name shown on this page reflects only what one organization reported in one IRS filing for one tax year. It should not be interpreted as identifying any other individual with the same or a similar name.

If you are no longer affiliated with the organization, your name will generally stop appearing in future IRS filings once the organization no longer reports you. Pages for tax years in which you were reported remain published because those filings remain part of the public record.

Philanthropy.org does not alter or remove IRS filing records. Removing a page from this website would not remove the underlying IRS filing, which remains publicly available from the IRS and other publishers of the same information.

If you believe the IRS filing itself is inaccurate, corrections must be made by the filing organization or the IRS directly.

If you ARE the filing organization, claim this org and add context

Made it to the end? Claim this organization

All figures are derived from public IRS Form 990 filings and are presented without evaluation of any organization. philanthropy.org does not rate, score, or rank organizations, including the peer-cohort and compensation comparisons above.