Ilion Free Public Library Foundation Ltd EIN 45-3754288

Ilion Free Public Library Foundation Ltd

EIN  45-3754288 Public charity (501(c)(3)) Ilion, NY
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Size
$100K–1M
What they do
Support the Ilion Free Public Library with donations for programs, materials, building needs, and digital collections.
Leadership
Kathryn Welch · President
Money in and out
$209K revenue, $11K expenses
Bottom line
97% program efficiency

Support the Ilion Free Public Library with donations for programs, materials, building needs, and digital collections. For fiscal year 2025 it reported $209K in revenue, $11K in expenses, and $191K in net assets.Pt I

Where the money goes · FY2025
Total revenue
$209K
Pt VIII · Ln 12
Total expenses
$11K
Pt IX · Ln 25
Net assets
$191K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $198K
Where spending went · Part IX cols B–D
Program services $0.97 Management & general $0.03
Program efficiency
97%
of spending reaches programs
Operating runway
214.7mo
months of highly liquid reserves at operating expense rate
Surplus margin
+95%
revenue over expenses, this year

Summary of the Filing

Part I · fiscal year 2025 · Form 990
Total revenue
$209K
Pt VIII · Ln 12
Total expenses
$11K
Pt IX · Ln 25
Net assets
$191K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$198K
Total assetsPt X · Ln 16$191K
Program-expense ratioPt IX · col B97%
Voting members of governing bodyPt I · Ln 3pending
Independent voting membersPt I · Ln 4pending
Mission & Programs · Part III

Where the work happens

2 program services account for $10K of program spending, described in the organization's own filed words · FY2025.
01

Aesthetic improvements and maintenance to Library facilities.

$6Kprogram expense
02

Support Library programs and resources.

$4Kprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CIlion Free Public Library Foundation Ltd
EINHdr · item D45-3754288
Principal addressHdr · item CIlion, NY
Year of formationHdr · item Lpending
State of legal domicileHdr · item MNY
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFEducation (B705)
Ruling yearIRS BMFJul 2023

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1apending
Independent voting membersPt VI · Ln 1bpending
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13Yes
Document retention policyPt VI · Ln 14Yes
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
President
$0Pt VII · Sec A
Vicepresident
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
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Statement of Revenue

Part VIII
Contributions & grants$207K · 99%
Investment income$2K · 1%
Contributions & grants99%$207K
Investment income1%$2K
Total revenueLn 12$209K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.97 Management & general $0.03
Program services97%$10K
Management & general3%$288
Total functional expensesLn 25$11K

Balance Sheet

Part X · end of year
CashLn 1$11K
Total assetsLn 16$191K
Total liabilitiesLn 26$0
Total net assetsLn 32$191K
Months of cash on handcomputed12.4

Financial Metrics

Form 990 · FY2025 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $191K · Operating expenses/yr $11K
214.7 months
Where the money goes
Program services
Program services $10K · Total expenses $11K
97%
Management & General
Management & general $288 · Total expenses $11K
3%
Fundraising
Fundraising $0 · Total expenses $11K
0%
Cost to raise $1
Fundraising expense $0 · Solicited contributions $207K
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $207K · Total revenue $209K
99%
Government reliance
Government grants — · Total revenue $209K
Earned-income share
Program service revenue $0 · Total revenue $209K
0%
Investment reliance
Investment income $2K · Total revenue $209K
+1%
Program self-sufficiency
Program service revenue $0 · Total expenses $11K
0%
Growth & trend
Revenue growth (YoY)
This year $209K · Prior year —
No prior year on file
Net-asset trend (YoY)
End of year $191K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $209K · Expenses $11K
+95%
Liabilities-to-Assets
Total liabilities — · Total assets $191K
Net-asset ratio
Net assets $191K · Total assets $191K
100%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $180K · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $191K
94%
People & payroll
Highest Reported Total Compensation
Individual Kathryn Welch · Reported title President · Highest reported compensation $0 · Total expenses $11K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) — · Total expenses $11K
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 97%
Overhead ratio 3%
Fundraising cost 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 · FY2024
Total grants receivedfrom 1 funder$22

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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
FY2025 (Latest)$209K revenue · viewing · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2025IRS
Classification, formation year, addressIRS Business Master File
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