Corfu Public Library

Nonprofit profile at a glance

EIN
166062590
IRS 990-EZ coverage
2010–2019
Forms available
Form 990-EZ 2019
Location
Corfu, NY, USA
Phone
5855993321
Rating
62
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Libraries

Reported finances

Revenue
$123,166
Expenses
$109,828
Assets
$497,462
Liabilities
$4,820

Source: IRS Form 990-EZ. Selected filing: tax year 2019. Amounts in USD.

Leadership & pay

9 people listed

Executive titles in this filing

  • KRISITE MILLER (PRESIDENT)
  • JULIE HENGENIUS (VICE-PRESIDENT)

People named in this filing

  • DIANA REDING (DIRECTOR)
  • KATLEEN DETHIER (TRUSTEE)
  • KRISITE MILLER (PRESIDENT)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

Source: IRS Form 990-EZ. Selected filing: tax year 2019. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

To provide an opportunity for learning and personal growth of all citizens and age groups that reside in pembroke school district

What it reported doing in 2019

9108 patrons used library services during 2017 - freeadult & youth programs include computer classes, monthlybook discussions, preschool story time & reading

Operating model

Revenue model
Donor-supported. 99% of the money available for current operations came from contributions and gifts.
Distribution model
Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.

The verdict

SUPPORTED - The filed numbers largely add up and program spending has grown recently. A relatively small share of available resources goes toward mission work and a relatively small share of total spending goes to programs.

Rating breakdown

  • Financial Efficiency: 27
  • Transparency & Controls: 100
  • Sustainability: 65
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 25.7%; rating input score 26
  • Program expense ratio: 28.7%; rating input score 29

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100

Sustainability

  • Operating margin: 10.8%; rating input score 60; 60th percentile among comparable filings
  • Total-asset coverage ratio: 4.53; rating input score 96; 96th percentile among comparable filings
  • Liabilities to assets ratio: 0.01; rating input score 54; 54th percentile among comparable filings
  • Officer compensation ratio: 21.9%; rating input score 18; 18th percentile among comparable filings

Growth

  • Program expense growth: 7.1% per year; rating input score 100; 58th percentile among comparable filings
  • Revenue growth: 6.7% per year; rating input score 100; 60th percentile among comparable filings
  • Asset growth: 7% per year; rating input score 100; 51st percentile among comparable filings

Details

  • Where the money goes: 25.7% of revenue deployed · 28.7% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $32K in reported program spending
  • Leadership: top reported pay $0 · 9 people listed
  • Consistency: 7 of 7 current checks pass
  • Schedules: 3 filed schedules
  • Filing history: 10 filing years from 2010 to 2019
  • Contacts: How to reach this organization
  • Money network: 1 filed money-flow record
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • High — Financial Efficiency: Mission deployment rate scored 26/100.
  • High — Financial Efficiency: Program expense ratio scored 29/100.
  • High — Sustainability: Officer compensation ratio scored 18/100.
  • Review — Sustainability: Liabilities to assets ratio scored 54/100.