Mendham Township Library FY2023 filing

Tax-deductible

Brookside, NJ501(c)(3)EIN 22-1913016

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Mendham Township Library serves as the Township Library. IT lends books, periodicals, audio/ visual media and provides access to the internet. IT organizes informational sessions for children, teens and adults.

501(c)(3) charity; gifts are tax-deductible.
89¢ of each $1 spent went to programs.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX

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
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
4 of 5
filings with a surplus
Average surplus $36K a year · 10% of revenue · last 5 filings
Fine: a surplus in 4 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
89%
of spending
Looks good: 89% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Cash reserves
13 mo
of spending, in cash
Looks good: 13.2 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
4
named funders · $21K
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
10
of 10 voting members
Looks good: 10 of 10 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$364K
+12% vs prior year
Spent
$300K
To programs
89%
Net assets
$331K
By yearFY2020–FY2024
Revenue
$364K
FY2023▲ +12%
Revenue by fiscal year
FY2020$363K
FY2021$345K
FY2022$324K
FY2023$364K
FY2024$391K
Expenses
$300K
FY2023▲ +3%
Expenses by fiscal year
FY2020$433K
FY2021$268K
FY2022$291K
FY2023$300K
FY2024$311K
Net assets
$331K
FY2023▲ +20%
Net assets by fiscal year
FY2020$166K
FY2021$243K
FY2022$275K
FY2023$331K
FY2024$399K

From the FY2023 Form 990 · see the original

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 Oct 1989.

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

Where the money goes

89 cents of each dollar spent went to programs.

Program services 89% · $266K Management & general 11% · $33K Fundraising 1% · $2K

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.

Part VII, Section A · reportable compensation
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Trustee
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
See Mendham Township 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 2Yes
  • Top official's pay set by an independent reviewPt VI · Ln 15aNo

Programs and updates

Lends books and media, offers internet access, and hosts educational programs for all ages.

Provided by the organization

This section is blank until Mendham Township Library claims this page.

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1 program service account for $266K of program spending, described in the organization's own filed words · FY2023.
01

Public library

$266Kprogram expense

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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
See all 4 funders →

By the numbers

The FY2023 990, line by line.

1The main four
Money inPt VIII
$364K
Ln 12
Gifts and grantsLn 1h$345K
Other incomeLn 4–11$9K
Fees for servicesLn 2g$5K
Money outPt IX
$300K
Ln 25
Programscol B$266K
Managementcol C$33K
Fundraisingcol D$2K
Owns and owesPt X
$331K
net assets · Ln 32
Cash and savingsLn 1–2$331K
Total assetsLn 16$331K
LiabilitiesLn 26$0
PeoplePt VI, VII
10
listed · VII A
PaidVII A0
Voting boardVI 1a10
IndependentVI 1b10
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$345K
Government grantsLn 1e$262K
Fees for servicesLn 2g$5K
Investment incomeLn 3$5K
Other incomeLn 4–11$9K
Gains on assetsLn 7$0
Total revenueLn 12$364K
Assets in detailPt X, end of year
CashLn 1$210K
SavingsLn 2$121K
Cash and savings togetherLn 1–2$331K
InvestmentsLn 11–13$0
Land, buildings, equipmentLn 10c$0
Other assetsLn 15$0
Total assetsLn 16$331K
LiabilitiesLn 26$0
Net assetsLn 32$331K
OperationsPt I, VI
EmployeesI 523
VolunteersI 620
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
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$275K$331K
InvestmentsLn 11–13$0
Land, buildings, equipmentLn 10c$0
Total assetsLn 16$275K$331K
LiabilitiesLn 26$0$0
Net assetsLn 32$275K$331K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$0
Grants to domestic individualsLn 2$0
Grants and assistance to foreign recipientsLn 3$0
Benefits paid to or for membersLn 4$0
Pay of current officers, directors and key staffLn 5$0
Pay of disqualified personsLn 6$0
Other salaries and wagesLn 7$173K$156K$17K
Pension plan contributionsLn 8$0
Other employee benefitsLn 9$0
Payroll taxesLn 10$16K$14K$2K
Management feesLn 11a$0
Legal feesLn 11b$0
Accounting feesLn 11c$0
Lobbying feesLn 11d$0
Professional fundraising feesLn 11e$0
Investment management feesLn 11f$0
Other fees for servicesLn 11g$4K$4K
Advertising and promotionLn 12$585$585
Office expensesLn 13$85$85
Information technologyLn 14$6K$2K$4K
RoyaltiesLn 15$0
OccupancyLn 16$30K$30K
TravelLn 17$0
Travel and entertainment for public officialsLn 18$0
Conferences, conventions and meetingsLn 19$0
InterestLn 20$0
Payments to affiliatesLn 21$0
Depreciation, depletion and amortizationLn 22$0
InsuranceLn 23$58$58
Other expenses (24a–d)Ln 24$69K$63K$5K$2K
All other expensesLn 24e$939$939
Total functional expensesLn 25$300K$266K$33K$2K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest $391K$311K$80K$399K 990 PDF
FY2023 Viewing $364K$300K$64K$331K 990 PDF
FY2022 $324K$291K$33K$275K 990 PDF
FY2021 $345K$268K$77K$243K 990 PDF
FY2020 $363K$433K−$70K$166K 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 (4 parts)
Part VIII · Statement of revenue $363,877 across 10 lines filed
VIII-1e Government grants$262,387
VIII-1f All other contributions, gifts and grants$82,932
VIII-1h Total contributions, gifts and grants$345,319
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $5,075$5,075
VIII-3 Investment incomeExcluded from tax $4,696$4,696
VIII-5 Royalties$0
VIII-6 Net rental income or loss$0
VIII-7 Net gain or loss on sales of assets$0
VIII-8 Net income from fundraising events$8,787
VIII-12 Total revenueRelated to mission $5,075 · Excluded from tax $4,696$363,877
Part IX · Statement of functional expenses $300,099 across 31 lines filed
IX-1 Grants to domestic organizations$0
IX-2 Grants to domestic individuals$0
IX-3 Grants and assistance to foreign recipients$0
IX-4 Benefits paid to or for members$0
IX-5 Pay of current officers, directors and key staff$0
IX-6 Pay of disqualified persons$0
IX-7 Other salaries and wagesPrograms $155,531 · Management $17,281$172,812
IX-8 Pension plan contributions$0
IX-9 Other employee benefits$0
IX-10 Payroll taxesPrograms $14,484 · Management $1,609$16,093
IX-11a Management fees$0
IX-11b Legal fees$0
IX-11c Accounting fees$0
IX-11d Lobbying fees$0
IX-11e Professional fundraising fees$0
IX-11f Investment management fees$0
IX-11g Other fees for servicesManagement $4,305$4,305
IX-12 Advertising and promotionPrograms $585$585
IX-13 Office expensesManagement $85$85
IX-14 Information technologyPrograms $1,709 · Management $3,942$5,651
IX-15 Royalties$0
IX-16 OccupancyPrograms $30,250$30,250
IX-17 Travel$0
IX-18 Travel and entertainment for public officials$0
IX-19 Conferences, conventions and meetings$0
IX-20 Interest$0
IX-21 Payments to affiliates$0
IX-22 Depreciation, depletion and amortization$0
IX-23 InsuranceManagement $58$58
IX-24 Other expenses (24a–d)Programs $62,545 · Management $5,230 · Fundraising $1,546$69,321
IX-24e All other expensesPrograms $939$939
IX-25 Total functional expensesPrograms $266,043 · Management $32,510 · Fundraising $1,546$300,099
Part X · Balance sheet $330,872 assets, 17 lines filed
X-1 Cash, non-interest-bearingStart of year $224,812$210,231
X-2 Savings and temporary cash investmentsStart of year $50,646$120,641
X-3 Pledges and grants receivable$0
X-4 Accounts receivable$0
X-8 Inventories for sale or use$0
X-9 Prepaid expenses and deferred charges$0
X-10c Land, buildings and equipment, net$0
X-11 Publicly traded securities$0
X-12 Other securities$0
X-13 Program-related investments$0
X-14 Intangible assets$0
X-15 Other assets$0
X-16 Total assetsStart of year $275,458$330,872
X-26 Total liabilitiesStart of year $0$0
X-27 Net assets without donor restrictionsStart of year $275,458$330,872
X-32 Total net assets or fund balancesStart of year $275,458$330,872
X-33 Total liabilities and net assetsStart of year $275,458$330,872
Part XI · Reconciliation of net assets $330,872 net assets at year end
XI-1 Total revenue$363,877
XI-2 Total expenses$300,099
XI-3 Revenue less expenses$63,778
XI-4 Net assets at start of year$275,458
XI-8 Prior period adjustments−$8,364
XI-10 Net assets at end of year$330,872

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

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