Millville Public Library FY2023 filing

Tax-deductible

Millville, NJ501(c)(3)Since 1908EducationEIN 21-0643355Revenue $2.7M in FY2023

On file with the IRS210 Buck St, 08332-3818 · Millville, NJTax-exempt since Apr 1964Publicly supported charity — 170(b)(1)(A)(vi)

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Public Library

501(c)(3) charity; gifts are tax-deductible.
93¢ of each $1 spent went to programs.
$71K 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

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
FY2025
latest Form 990
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
5 of 6
filings with a surplus
Average surplus $763K a year · 46% of revenue · last 6 filings
Fine: a surplus in 5 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Spent on programs
93%
of spending
Looks good: 93% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$71K
to officers and key staff · 9% of spending
Looks good: pay to officers and key staff is 9% of spending; 15% or less.
Pt VII · Sec A
Cash reserves
28 mo
of spending, in cash
Looks good: 28.0 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $154
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$522K
7% of total assets
Looks good: liabilities are 7% of assets; 50% or less.
Pt X · Ln 26
Independent board members
14
of 14 voting members
Looks good: 14 of 14 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$2.7M
+57% vs prior year
Spent
$748K
To programs
93%
Net assets
$7.0M
By yearFY2020–FY2025
Revenue
$2.7M
FY2023▲ +57%
Tap a bar for its year
Revenue by fiscal year
FY2020$1.1M
FY2021$2.0M
FY2022$1.7M
FY2023$2.7M
FY2024$1.6M
FY2025$756K
Expenses
$748K
FY2023▼ -5%
Tap a bar for its year
Expenses by fiscal year
FY2020$855K
FY2021$882K
FY2022$786K
FY2023$748K
FY2024$937K
FY2025$1.1M
Net assets
$7.0M
FY2023▲ +38%
Tap a bar for its year
Net assets by fiscal year
FY2020$3.5M
FY2021$4.6M
FY2022$5.1M
FY2023$7.0M
FY2024$7.7M
FY2025$7.3M

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 (FY2025) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Apr 1964.

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

Where the money goes

93 cents of each dollar spent went to programs.

Program services 93% · $699K Management & general 7% · $49K

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

15 people listed on the 990; $71K paid to officers and key staff.

Part VII, Section A · reportable compensation
$70,585Pt VII · Sec A
President
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Secretary
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Vice President
$0Pt VII · Sec A

Courtenay Reece’s $73K as Director is at the 65th percentile of top reported officer pay among 1612 $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

NameFY2025FY2024FY2023FY2022FY2021FY2020
Courtenay Reece$73,025$71,273$70,585$69,363$66,350$65,072

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 Millville Public Library executive salaries →

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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 15aNo

Programs and updates

Millville Public Library is an education nonprofit based in Millville, NJ, formed in 1908.

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Provided by the organization

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1 program · $699K · in their own filed words · FY2023
01

Basic library services to the community including reference, information services, reading advisor, book circulation, and cultural programs.

$699Kprogram 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 · FY2023
Total grants receivedfrom 1 funder$154

By the numbers

The FY2023 990, line by line.

1The main four
Money inPt VIII
$2.7M
Ln 12
Gifts and grantsLn 1h$2.6M
Investment incomeLn 3$43K
Fees for servicesLn 2g$8K
Money outPt IX
$748K
Ln 25
Programscol B$699K
Managementcol C$49K
Owns and owesPt X
$7.0M
net assets · Ln 32
Cash and savingsLn 1–2$1.7M
Total assetsLn 16$7.5M
LiabilitiesLn 26$522K
PeoplePt VI, VII
15
listed · VII A
PaidVII A1
Voting boardVI 1a14
IndependentVI 1b14
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$2.6M
Government grantsLn 1e$2.6M
Fees for servicesLn 2g$8K
Investment incomeLn 3$43K
Total revenueLn 12$2.7M
Assets in detailPt X, end of year
CashLn 1$1.7M
Cash and savings togetherLn 1–2$1.7M
InvestmentsLn 11–13$261K
Land, buildings, equipmentLn 10c$5.5M
Total assetsLn 16$7.5M
LiabilitiesLn 26$522K
Net assetsLn 32$7.0M
OperationsPt I, VI
EmployeesI 524
VolunteersI 630
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$1.3M$1.7M
InvestmentsLn 11–13$2.8M$261K
Land, buildings, equipmentLn 10c$1.0M$5.5M
Total assetsLn 16$5.2M$7.5M
LiabilitiesLn 26$105K$522K
Net assetsLn 32$5.1M$7.0M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Pay of current officers, directors and key staffLn 5$71K$67K$4K$0
Other salaries and wagesLn 7$406K$385K$20K$0
Pension plan contributionsLn 8$9K$9K$461$0
Other employee benefitsLn 9$25K$24K$1K$0
Payroll taxesLn 10$43K$41K$2K$0
Accounting feesLn 11c$8K$2K$6K$0
Office expensesLn 13$6K$1K$4K$0
Information technologyLn 14$23K$22K$1K$0
OccupancyLn 16$17K$16K$832$0
Depreciation, depletion and amortizationLn 22$20K$19K$1K$0
InsuranceLn 23$32K$30K$2K$0
Other expenses (24a–d)Ln 24$86K$83K$3K$0
All other expensesLn 24e$2K$0$2K$0
Total functional expensesLn 25$748K$699K$49K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest $756K$1.1M−$325K$7.3M 990 PDF
FY2024 $1.6M$937K$650K$7.7M 990 PDF
FY2023 Viewing $2.7M$748K$1.9M$7.0M 990 PDF
FY2022 $1.7M$786K$921K$5.1M 990 PDF
FY2021 $2.0M$882K$1.1M$4.6M 990 PDF
FY2020 $1.1M$855K$279K$3.5M 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 $2,675,061 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $1,593,842$2,623,970
I-9 Program service revenuePrior year $11,797$8,259
I-10 Investment incomePrior year $101,247$42,832
I-11 Other revenue$0
I-12 Total revenuePrior year $1,706,886$2,675,061
I-13 Grants and similar amounts paid$0
I-14 Benefits paid to members$0
I-15 Salaries and benefitsPrior year $545,441$553,674
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $240,622$194,618
I-18 Total expensesPrior year $786,063$748,292
I-19 Revenue less expensesPrior year $920,823$1,926,769
Part VI · Governance 14 of 14 board members independent, 4 to look at
VI-1a Voting members of the governing body14
VI-1b Independent voting members14
VI-12a Written conflict of interest policyNo
VI-13 Written whistleblower policyNo
VI-14 Document retention and destruction policyNo
VI-15a Process for setting top official's payNo
VI-2 Family or business relationship among officers or directorsNo
Part VIII · Statement of revenue $2,675,061 across 6 lines filed
VIII-1e Government grants$2,553,851
VIII-1f All other contributions, gifts and grants$70,119
VIII-1h Total contributions, gifts and grants$2,623,970
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Unrelated business $0 · Excluded from tax $0$8,259
VIII-3 Investment incomeUnrelated business $0 · Excluded from tax $42,832$42,832
VIII-12 Total revenueRelated to mission $8,259 · Unrelated business $0 · Excluded from tax $42,832$2,675,061
Part IX · Statement of functional expenses $748,292 across 13 lines filed
IX-5 Pay of current officers, directors and key staffPrograms $67,056 · Management $3,529 · Fundraising $0$70,585
IX-7 Other salaries and wagesPrograms $385,381 · Management $20,284 · Fundraising $0$405,665
IX-8 Pension plan contributionsPrograms $8,761 · Management $461 · Fundraising $0$9,222
IX-9 Other employee benefitsPrograms $24,136 · Management $1,270 · Fundraising $0$25,406
IX-10 Payroll taxesPrograms $40,656 · Management $2,140 · Fundraising $0$42,796
IX-11c Accounting feesPrograms $2,120 · Management $6,361 · Fundraising $0$8,481
IX-13 Office expensesPrograms $1,475 · Management $4,424 · Fundraising $0$5,899
IX-14 Information technologyPrograms $21,686 · Management $1,141 · Fundraising $0$22,827
IX-16 OccupancyPrograms $15,801 · Management $832 · Fundraising $0$16,633
IX-22 Depreciation, depletion and amortizationPrograms $19,106 · Management $1,006 · Fundraising $0$20,112
IX-23 InsurancePrograms $30,395 · Management $1,600 · Fundraising $0$31,995
IX-24 Other expenses (24a–d)Programs $82,918 · Management $3,254 · Fundraising $0$86,172
IX-24e All other expensesPrograms $0 · Management $2,499 · Fundraising $0$2,499
IX-25 Total functional expensesPrograms $699,491 · Management $48,801 · Fundraising $0$748,292
Part X · Balance sheet $7,530,472 assets, 14 lines filed
X-1 Cash, non-interest-bearingStart of year $1,322,054$1,748,028
X-4 Accounts receivableStart of year $72,902$19,631
X-9 Prepaid expenses and deferred chargesStart of year $8,941$11,479
X-10c Land, buildings and equipment, netStart of year $1,016,152$5,490,348
X-11 Publicly traded securitiesStart of year $2,766,948$260,986
X-16 Total assetsStart of year $5,186,997$7,530,472
X-17 Accounts payable and accrued expensesStart of year $49,456$479,771
X-19 Deferred revenueStart of year $37,000$20,000
X-25 Other liabilitiesStart of year $18,585$21,976
X-26 Total liabilitiesStart of year $105,041$521,747
X-27 Net assets without donor restrictionsStart of year $2,425,137$6,917,133
X-28 Net assets with donor restrictionsStart of year $2,656,819$91,592
X-32 Total net assets or fund balancesStart of year $5,081,956$7,008,725
X-33 Total liabilities and net assetsStart of year $5,186,997$7,530,472
Part XI · Reconciliation of net assets $7,008,725 net assets at year end
XI-1 Total revenue$2,675,061
XI-2 Total expenses$748,292
XI-3 Revenue less expenses$1,926,769
XI-4 Net assets at start of year$5,081,956
XI-10 Net assets at end of year$7,008,725

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

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