Perkiomen Valley Library Inc
- Assets
- $794.4k
- Revenue
- $102.7k
- Investments
- $0.0
- Employees
- 0
- Location
- Schwenksville, PA
- Founding
- 09/1973
- Data as of
- 12/2021
- EIN
- 23-7206224
Organization Overview
Perkiomen Valley Library Inc is located in Schwenksville, PA. The organization was established in 1973. According to its NTEE Classification (B70) the organization is classified as: Libraries, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Perkiomen Valley Library Inc 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, Perkiomen Valley Library Inc generated $102.7k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 4.7% each year. All expenses for the organization totaled $61.3k during the year ending 12/2021. While expenses have increased by 0.5% per year over the past 7 years. They've been increasing with an increasing level of total revenue. 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
THE PERKIOMEN VALLEY LIBRARY IS A GATEWAY TO LIFELONG LEARNING, PROVIDING CONVENIENT ACCESS TO RESOURCES THAT INFORM, EDUCATE, ENTERTAIN, AND ENRICH PEOPLE'S LIVES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDE A FREE PUBLIC AND NON-SECTARIAN LIBRARY FOR THE RESIDENTS OF SCHWENKSVILLE, COLLEGEVILLE, LOWER FREDERICK, TRAPPE, PERKIOMEN, UPPER SALFORD AND SKIPPACK.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Meredith Glodek President | OfficerTrustee | 2 | $0 |
Carol Ewing Vice President | OfficerTrustee | 2 | $0 |
Kim Gillingham Secretary | OfficerTrustee | 2 | $0 |
Liz Styer Treasurer | OfficerTrustee | 2 | $0 |
Holly Dewees Director | Trustee | 2 | $0 |
Don Barrick Director | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $71,358 |
| All other contributions, gifts, grants, and similar amounts not included above | $23,053 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $94,411 |
| Total Program Service Revenue | $5,825 |
| Investment income | $2,497 |
| 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 | $102,733 |
| 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 | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| 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 | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $29,015 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $2,355 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $23,918 |
| Insurance | $1,975 |
| All other expenses | $655 |
| Total functional expenses | $61,286 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $28,384 |
| Savings and temporary cash investments | $97,736 |
| 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 | $668,241 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $794,361 |
| Accounts payable and accrued expenses | $1,712 |
| 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 | $168,464 |
| Other liabilities | $0 |
| Total liabilities | $170,176 |
| Net assets without donor restrictions | $623,858 |
| Net assets with donor restrictions | $327 |
| 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 | $794,361 |
Grants Recieved
Over the last fiscal year, we have identified 5 grants that Perkiomen Valley Library Inc has recieved totaling $903.
| Awarding Organization | Amount |
|---|---|
Grig Fund Glenside, PA PURPOSE: GENERAL FUND | $400 |
Grig Fund Glenside, PA PURPOSE: GENERAL FUND | $200 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $103 |
Pfizer Foundation Inc New York, NY PURPOSE: MATCHING GIFTS | $100 |
Verizon Foundation Basking Ridge, NJ PURPOSE: MIP PAYOUT FOR 10/06/21 | $100 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Nassau Library System Uniondale, NY | $13,078,101 | $10,576,238 |
Bucks County Free Library Doylestown, PA | $22,091,549 | $9,285,989 |
Science History Institute Support Company Philadelphia, PA | $170,290,036 | $11,212,295 |
Ohionet Westerville, OH | $9,473,014 | $8,653,205 |
Dauphin County Library System Harrisburg, PA | $25,002,394 | $9,527,130 |
Washington County Free Library Hagerstown, MD | $16,301,833 | $8,756,633 |
Ohio Governors Imagination Library Beavercreek, OH | $8,059,955 | $11,938,530 |
York County Library System York, PA | $12,667,989 | $7,212,125 |
Westchester Library System Elmsford, NY | $6,787,041 | $7,508,558 |
Pennsylvania Academic Library Consortium Inc Drexel Hill, PA | $3,964,819 | $6,669,541 |
Emma S Clark Memorial Library Association Setauket, NY | $12,307,300 | $6,439,716 |
Washington Research Library Consortium Upper Marlboro, MD | $19,082,145 | $5,815,985 |