Springfield Township Library
- Assets
- $724.3k
- Revenue
- $740.1k
- Investments
- $0.0
- Employees
- 20
- Location
- Springfield, PA
- Founding
- 11/1995
- Data as of
- 12/2021
- EIN
- 23-2805034
Organization Overview
Springfield Township Library is located in Springfield, PA. The organization was established in 1995. As of 12/2021, Springfield Township Library employed 20 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Springfield Township 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 12/2021, Springfield Township Library generated $740.1k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (2.7%) each year. All expenses for the organization totaled $569.4k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (6.6%) per year over the past 7 years. 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
SPRINGFIELD TOWNSHIP LIBRARY (THE LIBRARY)IS A NONPROFIT ORGANIZATION LOCATED IN SPRINGFIELD TOWNSHIP, PENNSYLVANIA. ITS STATED PURPOSE IS TO PROVIDE THE RESIDENTS OF THE TOWNSHIP WITH SOURCES FOR INFORMATIONAL RESEARCH, RECREATIONAL READING, AND VARIOUS PROGRAMS FOR THE COMMUNITY RANGING IN AGE FROM BIRTH TO SENIOR CITIZEN RESIDENTS. THE LIBRARY IS A FULL SERVICE PUBLIC LIBRARY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROGRAMS AND SERVICES OF A FULL SERVICE PUBLIC LIBRARY
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Robert Wilson President | Trustee | 0 | $0 |
Cynthia Silberstein Director | Trustee | 0 | $0 |
Lee Janiczek Director | Trustee | 0 | $0 |
Marianne P Revello Treasurer | Trustee | 0 | $0 |
Margaret Wagner Vice President | Trustee | 0 | $0 |
Suzanne Hoffman Commissioner | Trustee | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $47,682 |
| Related organizations | $0 |
| Government grants | $650,464 |
| All other contributions, gifts, grants, and similar amounts not included above | $3,876 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $702,022 |
| Total Program Service Revenue | $11,205 |
| Investment income | $26,904 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $740,131 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $429,540 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $35,441 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $6,244 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $4,013 |
| Information technology | $7,800 |
| Royalties | $0 |
| Occupancy | $0 |
| 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 | $4,583 |
| Insurance | $0 |
| All other expenses | $17,887 |
| Total functional expenses | $569,403 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $7,262 |
| Savings and temporary cash investments | $416,382 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| 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 | $2,037 |
| Investments—publicly traded securities | $298,621 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $724,302 |
| Accounts payable and accrued expenses | $128,321 |
| 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 | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $128,321 |
| Net assets without donor restrictions | $369,500 |
| Net assets with donor restrictions | $226,481 |
| 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 | $724,302 |
Endowment Analysis
| Beg. Balance | $163,395 |
| Earnings | $26,044 |
| Ending Balance | $189,439 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Enoch Pratt Free Library Of Baltimore City Baltimore, MD | $234,974,900 | $48,157,400 |
Stark County District Library Canton, OH | $22,550,169 | $20,470,010 |
Great Neck Library Great Neck, NY | $34,961,861 | $11,637,861 |
Oceanside Library Oceanside, NY | $46,476,817 | $6,978,242 |
Connetquot Public Library Bohemia, NY | $10,940,573 | $6,656,257 |
Queen Annes County Free Library Centreville, MD | $3,534,978 | $5,055,509 |
Crandall Library Glens Falls, NY | $18,989,283 | $4,650,669 |
Bryant Library Roslyn, NY | $10,311,911 | $5,190,176 |
Port Jefferson Free Library Port Jefferson, NY | $14,577,531 | $4,685,963 |
Riverhead Free Library Riverhead, NY | $9,623,554 | $4,087,006 |
Bergen County Cooperative Library System Inc Fair Lawn, NJ | $2,010,518 | $3,727,342 |
Franklin Township Public Library Association Somerset, NJ | $10,614,091 | $3,884,927 |