Hamlin Community Library EIN 23-2186570

Hamlin Community Library FY2020 filing

EIN  23-2186570 Public charity (501(c)(3)) Lake Ariel, PA
Form 990 (PDF)
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Size
$100K–1M
What they do
an education nonprofit
Leadership
Jamie Dileo · Director
Money in and out
$134K revenue, $136K expenses
Bottom line
91% program efficiency

Hamlin Community Library is an education nonprofit based in Lake Ariel, PA. For fiscal year 2020 it reported $134K in revenue, $136K in expenses, and $1.1M in net assets.Pt I

Where the money goes · FY2020
Total revenue
$134K
Pt VIII · Ln 12
Total expenses
$136K
Pt IX · Ln 25
Net assets
$1.1M
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): −$2K
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
41.0mo
months of highly liquid reserves at operating expense rate
Surplus margin
-2%
revenue over expenses, this year

Summary of the Filing

Part I · fiscal year 2020 · Form 990
Revenue
$134K
FY2020
Expenses
$136K
FY2020
Total assets
$1.1M
FY2020
Total liabilities
$14K
FY2020
Total revenue
$134K
Pt VIII · Ln 12
Total expenses
$136K
Pt IX · Ln 25
Net assets
$1.1M
Pt X · Ln 32
Revenue less expensesPt I · Ln 19−$2K
Total assetsPt X · Ln 16$1.1M
Program-expense ratioPt IX · col B91%
Voting members of governing bodyPt I · Ln 38
Independent voting membersPt I · Ln 48
Mission & Programs · Part III

Where the work happens

1 program service account for $124K of program spending, described in the organization's own filed words · FY2020.
01

Provide the community with public library facilities and services, including the lending of books and publications.

$124Kprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CHamlin Community Library
EINHdr · item D23-2186570
Principal addressHdr · item CLake Ariel, PA
WebsiteHdr · item Jnone reported
Year of formationHdr · item Lpending
State of legal domicileHdr · item MPA
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFEducation (B70Z)
Ruling yearIRS BMFApr 1995

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a8
Independent voting membersPt VI · Ln 1b8
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13No
Document retention policyPt VI · Ln 14No
CEO/top-official compensation independently reviewedPt VI · Ln 15aYes
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Vice President
$0Pt VII · Sec A
Secretary
$0Pt VII · Sec A
President
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
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Statement of Revenue

Part VIII
Contributions & grants$89K · 67%
Investment income$18K · 14%
Program service revenue$14K · 11%
Other revenue$12K · 9%
Contributions & grants67%$89K
Investment income14%$18K
Program service revenue11%$14K
Other revenue9%$12K
— government grantsLn 1e$69K
Total revenueLn 12$134K

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%$124K
Management & general9%$12K
Total functional expensesLn 25$136K

Balance Sheet

Part X · end of year
CashLn 1$128K
Total assetsLn 16$1.1M
Total liabilitiesLn 26$14K
Total net assetsLn 32$1.1M
Months of cash on handcomputed11.3

Financial Metrics

Form 990 · FY2020 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $463K · Operating expenses/yr $136K
41.0 months
Where the money goes
Program services
Program services $124K · Total expenses $136K
91%
Management & General
Management & general $12K · Total expenses $136K
9%
Fundraising
Fundraising $0 · Total expenses $136K
0%
Cost to raise $1
Fundraising expense $0 · Solicited contributions $20K
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $89K · Total revenue $134K
67%
Government reliance
Government grants $69K · Total revenue $134K
51%
Earned-income share
Program service revenue $14K · Total revenue $134K
11%
Investment reliance
Investment income $18K · Total revenue $134K
+14%
Program self-sufficiency
Program service revenue $14K · Total expenses $136K
11%
Growth & trend
Revenue growth (YoY)
This year $134K · Prior year —
No prior year on file
Net-asset trend (YoY)
End of year $1.1M · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $134K · Expenses $136K
-2%
Liabilities-to-Assets
Total liabilities — · Total assets $1.1M
Net-asset ratio
Net assets $1.1M · Total assets $1.1M
99%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $335K · Other securities (Pt X, ln 12) $0 · Total assets (Pt X, ln 16) $1.1M
29%
People & payroll
Highest Reported Total Compensation
Individual Jamie Dileo · Reported title Director · Highest reported compensation $0 · Total expenses $136K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $0 · Total expenses $136K
0%
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%
Investment management fee ratio 0%
Legal fee ratio 0%
Accounting fee ratio 0%
Fundraising fee ratio 0%

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 · FY2023
Total grants receivedfrom 1 funder$77

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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)$159K revenue · ⤓ 990 PDF
FY2023$158K revenue · ⤓ 990 PDF
FY2022$117K revenue · ⤓ 990 PDF
FY2021$149K revenue · ⤓ 990 PDF
FY2020$134K revenue · viewing · ⤓ 990 PDF

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Sources

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