New Castle Public Library
Nonprofit profile at a glance
- EIN
- 256002274
- IRS 990 coverage
- 2023–2024
- Forms available
- Form 990 2024
- Location
- New Castle, PA, USA
- Phone
- 7246586659
- Rating
- 81
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Libraries
Reported finances
- Revenue
- $1,767,471
- Expenses
- $1,340,957
- Assets
- $2,614,724
- Liabilities
- $907,615
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
11 people listed
Executive titles in this filing
- PHILIP TRAMDACK MLS (PRESIDENT)
- DENNIS MCCURDY JD (VICE PRESIDENT)
- ANDREW W HENLEY (EXECUTIVE DIRECTOR)
Highest reported compensation
- ANDREW W HENLEY (EXECUTIVE DIRECTOR): $65,891 total reported compensation
- CARISSA L NEARY (FINANCIAL OFFICER): $42,235 total reported compensation
- RAYMOND E STOUFER (FINANCIAL OFFICER): $7,950 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
The purpose of the new castle public library is to provide free public library service to all residents of its designated service area and as further set forth in its articles of incorporation pursuant to the Pennsylvania nonprofit corporation law of 1988, as amended.
What it reported doing in 2024
Kids fridge the kids fridge a vital resource for our community's youth is stocked with nutritious snacks thanks to the generous support of lawrence county empty bowls, apple castle, and the greater pittsburgh community food bank. With the recent reopening of our second floor we've withnessed a surge in after-school visitors many of whom appreciate a quick bite as they dive into a good book or participate in the bookmobile. As of november 2024, we have given out over 2000 snacks. In the upcoming year we aim to expand our funding for the kids fridge enabling us to offer more substantial snacks to these children who may not have access to regular meals. While it may not be an obvious service of the library proving these snack plays a crucial role in supporting the overall well-being of our youth patrons ensuring they are fueled and ready to learn and grown in all aspects of their lives.
Operating model
- Revenue model
- Grant-funded. 65% of the money available for current operations came from government grants.
- 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
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Revenue has declined or grown slowly and some filing-based governance responses are negative or unanswered.
Rating breakdown
- Financial Efficiency: 71
- Transparency & Controls: 92
- Accountability: 95
- Sustainability: 64
- Growth: 60
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 64.2%; rating input score 64
- Program expense ratio: 82.7%; rating input score 83
- Fundraising efficiency: $28.34 raised per $1 spent on fundraising; rating input score 67; 67th percentile among comparable filings
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 63rd 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
Accountability
- Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
- Governance controls: 8 of 9 controls in place; rating input score 89
- Conflict-of-interest policy: Pass
- Whistleblower policy: Fail
- Document-retention policy: Pass
- CEO compensation review process: Pass
- Other executive compensation review process: Pass
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: 24.1%; rating input score 80; 80th percentile among comparable filings
- Total-asset coverage ratio: 1.95; rating input score 64; 64th percentile among comparable filings
- Liabilities to assets ratio: 0.35; rating input score 22; 22nd percentile among comparable filings
- Officer compensation ratio: 8.7%; rating input score 41; 41st percentile among comparable filings
Growth
- Program expense growth: 10.1% per year; rating input score 100; 63rd percentile among comparable filings
- Revenue growth: -16.8% per year; rating input score 0; 2nd percentile among comparable filings
- Asset growth: 28.8% per year; rating input score 100; 90th percentile among comparable filings
Details
- Where the money goes: 64.2% of revenue deployed · 82.7% of spending went to programs
- Governance: 8 of 8 board members independent · 8 of 9 filing controls reported
- Programs: 3 filed program accomplishments · $1.1M in reported program spending
- Leadership: top reported pay $66K · 11 people listed
- Consistency: 30 of 30 current checks pass
- Schedules: 4 filed schedules · includes major donors
- Filing history: 2 filing years from 2023 to 2024
- Contacts: How to reach this organization
- Money network: 3 filed money-flow records
- 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 — Growth: Revenue growth scored 0/100.
- Review — Accountability: Governance controls: Whistleblower policy not reported.
- High — Sustainability: Liabilities to assets ratio scored 22/100.
- Moderate — Sustainability: Officer compensation ratio scored 41/100.