Palmyra Public Library
Overview
Mission
To provide reading materials and audio/visual resources to the general public, to promote reading.
What it reported doing in 2024
To provide management and operations of the phoenix youth center. This facility operates for the benefit of children in grades 3 through 8 within the borough of palmyra, north londonderry township, south londonderry township, and the surrounding areas. The center provides a safe learning environment after school in which the children may receive homework help, participate in recreation activities, and socialize with other students.
Operating model
- Revenue model
- Donor-supported. 72% of the money available for current operations came from contributions.
- Distribution model
- Direct operator. The nonprofit carried out 100% of its reported program work directly.
Nonprofit profile at a glance
- EIN
- 237074426
- IRS 990 coverage
- 2012–2024
- Forms available
- Form 990 2024
- Headquarters
- Annville, PA, USA
- Rating
- 86
- Verdict
- STRONG
- Rating confidence
- Moderate
The verdict
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Program spending has declined or grown slowly and fundraising costs are high for each dollar raised.
Rating breakdown
- Financial Efficiency: 76
- Transparency & Controls: 100
- Accountability: 95
- Sustainability: 68
- Growth: 60
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 74.6%; rating input score 75
- Program expense ratio: 82.8%; rating input score 83
- Fundraising efficiency: $21.5 raised per $1 spent on fundraising; rating input score 59; 59th percentile among comparable filings
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 64th percentile among comparable filings
- Pay-setting controls: Limited
- Foreign activity oversight: Limited
- Grant itemization coverage: Limited
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Limited
- Public monitoring controls: Limited
- Public policy transparency: Limited
- Public financial transparency: Limited
- Impact reporting controls: Limited
- Public relationship transparency: Limited
Accountability
- Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
- Governance controls: 7 of 8 controls in place; rating input score 88
- Public governance controls: Limited
- Zakat policy transparency: Limited
Sustainability
- Operating margin: 19.3%; rating input score 73; 73rd percentile among comparable filings
- Operating reserve ratio: 5.74; rating input score 82; 82nd percentile among comparable filings
- Liabilities to assets ratio: 0.01; rating input score 50; 50th percentile among comparable filings
- Officer compensation ratio: 11.5%; rating input score 28; 28th percentile among comparable filings
Growth
- Program expense growth: -2.7% per year; rating input score 0; 22nd percentile among comparable filings
- Revenue growth: 3.1% per year; rating input score 100; 41st percentile among comparable filings
- Asset growth: 5.4% per year; rating input score 100; 49th percentile among comparable filings
Details
- Where the money goes: 74.6% of revenue deployed · 82.8% of spending went to programs
- Governance: 11 of 11 board members independent · 7 of 8 filing controls reported
- Programs: 2 filed program accomplishments · $325K in reported program spending
- Leadership: top reported pay $45K · 12 people listed
- Consistency: 29 of 29 current checks pass
- Schedules: 5 filed schedules · includes major donors
- Filing history: 13 annual filings from 2012 to 2024
- Money network: 1 filed money-flow record