Edith B Ford Memorial Library
- Assets
- $5.4m
- Revenue
- $257.8k
- Investments
- $0.0
- Employees
- 9
- Location
- Ovid, NY
- Founding
- 06/1998
- Data as of
- 12/2020
- EIN
- 15-0625873
Organization Overview
Edith B Ford Memorial Library is located in Ovid, NY. The organization was established in 1998. According to its NTEE Classification (B70) the organization is classified as: Libraries, under the broad grouping of Education and related organizations. As of 12/2020, Edith B Ford Memorial Library employed 9 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Edith B Ford Memorial Library is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2020, Edith B Ford Memorial Library generated $257.8k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (9.8%) each year. All expenses for the organization totaled $401.2k during the year ending 12/2020. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2020
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE THE PUBLIC WITH BOOKS, NEWSPAPERS, MAGAZINES, AUDIO-VISUAL MATERIALS AND ACCESS TO COMPUTERS TO PROVIDE CULTURAL/EDUCATIONAL PROGRAMS FOR ALL AGES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
2020 COMMUNITY STATS:REGISTERED RESIDENT BORROWERS 1,277REGISTERED NON-RESIDENT BORROWERS 978LIBRARY VISITS (TOTAL ANNUAL ATTENDANCE) 11,466ADULT PROGRAM SESSIONS 155YOUNG ADULT PROGRAM SESSIONS 111CHILDREN'S PROGRAM SESSIONS 74ONE-ON-ONE PROGRAM SESSIONS 235ADULT PROGRAM ATTENDANCE 805YOUNG ADULT PROGRAM ATTENDANCE 675CHILDREN'S PROGRAM ATTENDANCE 2,120TOTAL COLLECTION USE 14,326
2020 COMMUNITY STATS:REGISTERED RESIDENT BORROWERS 1,277REGISTERED NON-RESIDENT BORROWERS 978LIBRARY VISITS (TOTAL ANNUAL ATTENDANCE) 11,466ADULT PROGRAM SESSIONS 155YOUNG ADULT PROGRAM SESSIONS 111CHILDREN'S PROGRAM SESSIONS 74ONE-ON-ONE PROGRAM SESSIONS 235ADULT PROGRAM ATTENDANCE 805YOUNG ADULT PROGRAM ATTENDANCE 675CHILDREN'S PROGRAM ATTENDANCE 2,120TOTAL COLLECTION USE 14,326
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Shannon O'connor Executive Director | Officer | 40 | $52,869 |
Lisa Brown President | OfficerTrustee | 4 | $0 |
Jean Currie Secretary | OfficerTrustee | 2 | $0 |
Mary Lou Schwartzberg Vice President | OfficerTrustee | 2 | $0 |
Gary Alger Treasurer | OfficerTrustee | 2 | $0 |
Name Not Listed Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $1,500 |
| Membership dues | $37,354 |
| Fundraising events | $2,375 |
| Related organizations | $0 |
| Government grants | $2,010 |
| All other contributions, gifts, grants, and similar amounts not included above | $165,956 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $209,195 |
| Total Program Service Revenue | $0 |
| Investment income | $40,635 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $4,089 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $257,806 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $62,299 |
| Compensation of current officers, directors, key employees. | $14,574 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $127,611 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $8,382 |
| Payroll taxes | $13,971 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $2,939 |
| Fees for services: Accounting | $7,699 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $471 |
| Advertising and promotion | $1,897 |
| Office expenses | $4,817 |
| Information technology | $3,496 |
| Royalties | $0 |
| Occupancy | $15,319 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $107,039 |
| Insurance | $1,104 |
| All other expenses | $496 |
| Total functional expenses | $401,223 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $11,061 |
| Savings and temporary cash investments | $186,847 |
| Pledges and grants receivable | $61,500 |
| Accounts receivable, net | $398 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $3,167,513 |
| Investments—publicly traded securities | $2,002,374 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $5,429,693 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $37,200 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $37,200 |
| Net assets without donor restrictions | $5,385,997 |
| Net assets with donor restrictions | $6,496 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $5,429,693 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Edith B Ford Memorial Library has recieved totaling $190.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $190 |
Endowment Analysis
| Beg. Balance | $2,008,120 |
| Earnings | $261,721 |
| Other Expense | $251,189 |
| Ending Balance | $2,018,652 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Carnegie Library Of Pittsburgh Pittsburgh, PA | $129,763,715 | $43,541,952 |
Pierpont Morgan Library New York, NY | $416,332,166 | $59,153,120 |
Rochester Public Library Rochester, NY | $13,709,813 | $21,920,405 |
Suffolk Cooperative Library System Bellport, NY | $18,374,423 | $17,112,722 |
Smithtown Library Nesconset, NY | $38,994,883 | $15,642,317 |
Allegheny County Library Assoc Pittsburgh, PA | $1,615,297 | $12,970,956 |
Buffalo & Erie County Public Library Buffalo, NY | $4,920,940 | $11,835,935 |
The Free Library Of Philadelphia Philadelphia, PA | $55,485,474 | $14,690,366 |
Massachusetts Library System Inc Marlborough, MA | $7,404,141 | $11,793,761 |
Ferguson Library Stamford, CT | $21,910,876 | $11,228,846 |
Proprietors Of The Boston Athenaeum Boston, MA | $130,203,809 | $11,281,803 |
Nassau Library System Uniondale, NY | $13,078,101 | $10,576,238 |