Coudersport Library Association EIN 25-1375489

Coudersport Library Association FY2022 filing

EIN  25-1375489 Public charity (501(c)(3)) Coudersport, PA
Form 990 (PDF)
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Size
$100K–1M
What they do
an education nonprofit
Leadership
Teri McDowell · Director · $48K
Money in and out
$118K revenue, $126K expenses
Bottom line
66% program efficiency

Coudersport Library Association is an education nonprofit based in Coudersport, PA. For fiscal year 2022 it reported $118K in revenue, $126K in expenses, and $262K in net assets.Pt I

Where the money goes · FY2022
Total revenue
$118K
Pt VIII · Ln 12
Total expenses
$126K
Pt IX · Ln 25
Net assets
$262K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): −$8K
Where spending went · Part IX cols B–D
Program services $0.66 Management & general $0.34
Program efficiency
66%
of spending reaches programs
Operating runway
25.1mo
months of highly liquid reserves at operating expense rate
Surplus margin
-7%
revenue over expenses, this year

Summary of the Filing

Part I · fiscal year 2022 · Form 990
Revenue
$118K
FY2022▼ -19%
Expenses
$126K
FY2022▲ +2%
Total assets
$263K
FY2022▼ -3%
Total liabilities
$1K
FY2022▼ -6%
Total revenue
$118K
Pt VIII · Ln 12
Total expenses
$126K
Pt IX · Ln 25
Net assets
$262K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19−$8K
Total assetsPt X · Ln 16$263K
Program-expense ratioPt IX · col B66%
Voting members of governing bodyPt I · Ln 37
Independent voting membersPt I · Ln 4pending
Mission & Programs · Part III

Where the work happens

1 program service account for $82K of program spending, described in the organization's own filed words · FY2022.
01

Library services

$82Kprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CCoudersport Library Association
EINHdr · item D25-1375489
Principal addressHdr · item CCoudersport, 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 (B70C)
Ruling yearIRS BMFOct 1989

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a7
Independent voting membersPt VI · Ln 1bpending
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
$47,633Pt VII · Sec A
$0Pt VII · Sec A
Trustee
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
President
$0Pt VII · Sec A

Teri McDowell’s $48K as Director is at the 39th percentile of top reported officer pay among 1616 $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

NameFY2022FY2021FY2020
Teri McDowell$47,633$46,240$44,678

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.

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Statement of Revenue

Part VIII
Contributions & grants$111K · 94%
Investment income$7K · 6%
Contributions & grants94%$111K
Investment income6%$7K
— government grantsLn 1e$81K
Total revenueLn 12$118K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.66 Management & general $0.34
Program services66%$82K
Management & general34%$43K
Total functional expensesLn 25$126K

Balance Sheet

Part X · end of year
CashLn 1$263K
Total assetsLn 16$263K
Total liabilitiesLn 26$1K
Total net assetsLn 32$262K
Months of cash on handcomputed25.1

Financial Metrics

Form 990 · FY2022 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $263K · Operating expenses/yr $126K
25.1 months
Where the money goes
Program services
Program services $82K · Total expenses $126K
66%
Management & General
Management & general $43K · Total expenses $126K
34%
Fundraising
Fundraising $0 · Total expenses $126K
0%
Cost to raise $1
Fundraising expense (3-yr avg) $0 · Solicited contributions (3-yr avg) $29K
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $111K · Total revenue $118K
94%
Government reliance
Government grants $81K · Total revenue $118K
69%
Earned-income share
Program service revenue $0 · Total revenue $118K
0%
Investment reliance
Investment income $7K · Total revenue $118K
+6%
Program self-sufficiency
Program service revenue $0 · Total expenses $126K
0%
Growth & trend
Revenue growth (YoY)
This year $118K · Prior year $146K
-19%
Net-asset trend (YoY)
End of year $262K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $118K · Expenses $126K
-7%
Liabilities-to-Assets
Total liabilities — · Total assets $263K
Net-asset ratio
Net assets $262K · Total assets $263K
99%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $263K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Teri McDowell · Reported title DIRECTOR · Highest reported compensation $48K · Total expenses $126K
38%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $76K · Total expenses $126K
61%
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 66%
Overhead ratio 34%
Fundraising cost ratio 0%
Revenue growth -19%
Investment management fee ratio 1%
Accounting fee ratio 2%

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$17

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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)$147K revenue · ⤓ 990 PDF
FY2023$134K revenue · ⤓ 990 PDF
FY2022$118K revenue · viewing · ⤓ 990 PDF
FY2021$146K revenue · ⤓ 990 PDF
FY2020$116K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2022IRS
Classification, formation year, addressIRS Business Master File
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