Malvern Public Library FY2022 filing

Tax-deductible

Malvern, PA501(c)(3)EducationEIN 22-2531151Revenue $364K in FY2022

On file with the IRS1 E 1st Ave Ste 2, 19355-2757 · Malvern, PATax-exempt since Nov 1984Publicly supported charity — 170(b)(1)(A)(vi)

This page gets seen. Tell your story. Claim this org.

The mission of the Malvern Public Library is to provide Library resources and services that will fulfill the educational, recreational and cultural needs of the residents of Malvern borough, willistown, east goshen, and east whiteland townships. The nature of the community and the resources available at the district center and other adjacent Library facilities will determine the scope of materials and services offered by the Library.

501(c)(3) charity; gifts are tax-deductible.
90¢ of each $1 spent went to programs.
$52K 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

FY2022 · 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 $40K a year · 9% of revenue · last 5 filings
Fine: a surplus in 4 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
90%
of spending
Looks good: 90% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$52K
to officers and key staff · 15% of spending
Looks good: pay to officers and key staff is 15% of spending; 15% or less.
Pt VII · Sec A
Cash reserves
6 mo
of spending, in cash
Looks good: 6.4 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $500
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
−$50
>-0.01% of total assets
Looks good: liabilities are -0% of assets; 50% or less.
Pt X · Ln 26
Independent board members
8
of 8 voting members
Looks good: 8 of 8 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$364K
-9% vs prior year
Spent
$344K
To programs
90%
Net assets
$554K
By yearFY2020–FY2024
Revenue
$364K
FY2022▼ -9%
Tap a bar for its year
Revenue by fiscal year
FY2020$337K
FY2021$398K
FY2022$364K
FY2023$637K
FY2024$417K
Expenses
$344K
FY2022▲ +14%
Tap a bar for its year
Expenses by fiscal year
FY2020$297K
FY2021$301K
FY2022$344K
FY2023$349K
FY2024$663K
Net assets
$554K
FY2022▼ -3%
Tap a bar for its year
Net assets by fiscal year
FY2020$469K
FY2021$571K
FY2022$554K
FY2023$841K
FY2024$591K

From the FY2022 Form 990 · see the original

Form 990 (PDF) Claim
You’re viewing the FY2022 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 Nov 1984.

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

Where the money goes

90 cents of each dollar spent went to programs.

Program services 90% · $310K Management & general 9% · $30K Fundraising 1% · $5K

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

Something off? The org can add a note here. Request edit privileges.

Who runs it and what they're paid

9 people listed on the 990; $52K paid to officers and key staff.

Part VII, Section A · reportable compensation
Library Dire
$51,982Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Vice Preside
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Trustee
$0Pt VII · Sec A

Justine Fafara’s $51K as Library Dire is at the 43rd 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 · 2 named individuals · Part VII

NameFY2024FY2023FY2022FY2021FY2020
Margaret Stanton—$54,054$51,982$50,000$50,000
Justine Fafara$51,058————

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 Malvern Public Library executive salaries →

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

Something off? The org can add a note here. Request edit privileges.

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

Provides library resources and services for educational, recreational, and cultural needs.

Provided by the organization

Know this organization? Claim it to add your story

1 program · $310K · in their own filed words · FY2022
01

Malvern public library provides staff to assist customers with collection and information and to manage collections. The library provides materials for use by and circulation to residents of the greater malvern area and also maintains computers for information retrieval.

$310Kprogram 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 1 funder$500

By the numbers

The FY2022 990, line by line.

1The main four
Money inPt VIII
$364K
Ln 12
Gifts and grantsLn 1h$335K
Investment incomeLn 3$18K
Fees for servicesLn 2g$10K
Money outPt IX
$344K
Ln 25
Programscol B$310K
Managementcol C$30K
Fundraisingcol D$5K
Owns and owesPt X
$554K
net assets · Ln 32
Cash and savingsLn 1–2$182K
Total assetsLn 16$554K
LiabilitiesLn 26−$50
PeoplePt VI, VII
9
listed · VII A
PaidVII A1
Voting boardVI 1a8
IndependentVI 1b8
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$335K
Government grantsLn 1e$274K
Fees for servicesLn 2g$10K
Investment incomeLn 3$18K
Gains on assetsLn 7$9K
Total revenueLn 12$364K
Assets in detailPt X, end of year
CashLn 1$182K
Cash and savings togetherLn 1–2$182K
InvestmentsLn 11–13$372K
Total assetsLn 16$554K
LiabilitiesLn 26−$50
Net assetsLn 32$554K
OperationsPt I, VI
EmployeesI 514
VolunteersI 617
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY22End FY22
Cash and savingsLn 1–2$181K$182K
InvestmentsLn 11–13$391K$372K
Total assetsLn 16$572K$554K
LiabilitiesLn 26$630−$50
Net assetsLn 32$571K$554K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Pay of current officers, directors and key staffLn 5$72K$64K$4K$4K
Other salaries and wagesLn 7$117K$117K
Other employee benefitsLn 9$15K$15K
Payroll taxesLn 10$14K$14K
Accounting feesLn 11c$17K$17K
Office expensesLn 13$13K$12K$1K
OccupancyLn 16$50K$45K$5K
InsuranceLn 23$2K$2K$199
Other expenses (24a–d)Ln 24$45K$42K$2K$967
All other expensesLn 24e$444$444
Total functional expensesLn 25$344K$310K$30K$5K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest $417K$663K−$246K$591K 990 PDF
FY2023 $637K$349K$288K$841K 990 PDF
FY2022 Viewing $364K$344K$20K$554K 990 PDF
FY2021 $398K$301K$98K$571K 990 PDF
FY2020 $337K$297K$40K$469K 990 PDF

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

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 FY2022 990 (6 parts)
Part I · Summary $363,954 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $378,226$335,474
I-9 Program service revenuePrior year $6,448$10,114
I-10 Investment incomePrior year $13,778$18,366
I-11 Other revenue$0
I-12 Total revenuePrior year $398,452$363,954
I-13 Grants and similar amounts paid$0
I-14 Benefits paid to members$0
I-15 Salaries and benefitsPrior year $194,191$216,792
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $106,704$127,269
I-18 Total expensesPrior year $300,895$344,061
I-19 Revenue less expensesPrior year $97,557$19,893
Part VI · Governance 8 of 8 board members independent, no flags
VI-1a Voting members of the governing body8
VI-1b Independent voting members8
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-14 Document retention and destruction policyYes
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $363,954 across 7 lines filed
VIII-1e Government grants$273,748
VIII-1f All other contributions, gifts and grants$61,726
VIII-1h Total contributions, gifts and grants$335,474
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $10,114$10,114
VIII-3 Investment incomeExcluded from tax $9,279$9,279
VIII-7 Net gain or loss on sales of assetsRelated to mission $9,087$9,087
VIII-12 Total revenueRelated to mission $19,201 · Excluded from tax $9,279$363,954
Part IX · Statement of functional expenses $344,061 across 10 lines filed
IX-5 Pay of current officers, directors and key staffPrograms $64,352 · Management $3,575 · Fundraising $3,575$71,502
IX-7 Other salaries and wagesPrograms $116,743$116,743
IX-9 Other employee benefitsPrograms $14,540$14,540
IX-10 Payroll taxesPrograms $14,007$14,007
IX-11c Accounting feesManagement $16,878$16,878
IX-13 Office expensesPrograms $11,964 · Management $1,331$13,295
IX-16 OccupancyPrograms $44,712 · Management $4,968$49,680
IX-23 InsurancePrograms $1,789 · Management $199$1,988
IX-24 Other expenses (24a–d)Programs $41,530 · Management $2,487 · Fundraising $967$44,984
IX-24e All other expensesManagement $444$444
IX-25 Total functional expensesPrograms $309,637 · Management $29,882 · Fundraising $4,542$344,061
Part X · Balance sheet $554,172 assets, 9 lines filed
X-1 Cash, non-interest-bearingStart of year $180,512$182,392
X-11 Publicly traded securitiesStart of year $391,066$371,780
X-16 Total assetsStart of year $571,578$554,172
X-17 Accounts payable and accrued expensesStart of year $630−$50
X-26 Total liabilitiesStart of year $630−$50
X-27 Net assets without donor restrictionsStart of year $567,147$550,421
X-28 Net assets with donor restrictionsStart of year $3,801$3,801
X-32 Total net assets or fund balancesStart of year $570,948$554,222
X-33 Total liabilities and net assetsStart of year $571,578$554,172
Part XI · Reconciliation of net assets $554,222 net assets at year end
XI-1 Total revenue$363,954
XI-2 Total expenses$344,061
XI-3 Revenue less expenses$19,893
XI-4 Net assets at start of year$570,948
XI-5 Net unrealized gains (losses) on investments−$36,619
XI-10 Net assets at end of year$554,222

Form 990 e-file (XML) FY2022 from the IRS · Classification, formation year and address from the IRS Business Master File

Similar organizations you could support · Compare with another nonprofit

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

Keep this kind of thing free
Keep public charity data easy to read.

Free to the public, because obviously. Like this? Pay it forward. Don't like this? Help us get better.

Card, Apple Pay or Google Pay through Stripe. One time.
Keep this kind of thing free
Keep public charity data easy to read.

Free to the public, because obviously. Like this? Pay it forward. Don't like this? Help us get better.

Card, Apple Pay or Google Pay through Stripe. One time.

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 pay comparisons above.