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Nonprofiteer
← PERKIOMEN VALLEY LIBRARY INC

Form 990 for tax year 2024

Filed by PERKIOMEN VALLEY LIBRARY INC.

Totals

Total revenue
$121,460
Total expenses
$73,146
Contributions and grants received
$98,823
Grants paid
$0
Program service revenue
$5,662
Investment income
$8,735
Other revenue
$8,240
Total assets, end of year
$854,174
Total liabilities, end of year
$110,194
Net assets or fund balances, end of year
$743,980
Program services expenses (Part IX)
$70,302
Management and general expenses
$1,566
Fundraising expenses
$1,278
Program service expenses (Part III)
$70,302

Program services were 96.1% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1e · Government grants (contributions)

    $53,404

  • 1f · All other contributions, gifts and grants

    $45,419

  • 2a · Program service revenue: LIBRARY SERVICE INCOME

    total $5,662 · related or exempt $5,662

  • 3 · Investment income

    total $8,735 · excluded $8,735

  • 6a · Gross rents

    real property $8,240

  • 6b · Less rental expenses

    real property $0

  • 6c · Rental income or loss

    real property $8,240

  • 6d · Net rental income or loss

    total $8,240 · related or exempt $8,240

Functional expenses

Part IX, the statement of functional expenses.

  • 16 · Occupancy

    total $24,409 · program services $24,409

  • 20 · Interest

    total $1,566 · management and general $1,566

  • 22 · Depreciation, depletion and amortization

    total $23,878 · program services $23,878

  • 23 · Insurance

    total $1,825 · program services $1,825

  • 24a · Other expenses: MC-NPL REIMBURSEMENT

    total $6,317 · program services $6,317

  • 24b · Other expenses: REPAIRS & MAINTENANCE

    total $5,480 · program services $5,480

  • 24c · Other expenses: PROGRAM EXPENSES

    total $4,029 · program services $4,029

  • 24d · Other expenses: LIBRARY SUPPLIES

    total $2,770 · program services $2,770

  • 24e · All other expenses

    total $2,872 · program services $1,594 · fundraising $1,278

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $37,027 · end of year $45,968

  • 2 · Savings and temporary cash investments

    beginning of year $144,620 · end of year $150,276

  • 4 · Accounts receivable

    beginning of year $1,478 · end of year $3,574

  • 9 · Prepaid expenses and deferred charges

    end of year $2,147

  • 10a · Land, buildings and equipment: cost or other basis

    $1,299,058

  • 10b · Land, buildings and equipment: accumulated depreciation

    $646,849

  • 10c · Land, buildings and equipment, net

    beginning of year $646,675 · end of year $652,209

  • 17 · Accounts payable and accrued expenses

    beginning of year $5,888 · end of year $2,259

  • 24 · Unsecured notes and loans payable

    beginning of year $129,681 · end of year $107,935

  • 27 · Net assets without donor restrictions

    beginning of year $693,904 · end of year $743,653

  • 28 · Net assets with donor restrictions

    beginning of year $327 · end of year $327

Mission and programs · 2024

Mission

THE PERKIOMEN VALLEY LIBRARY IS A GATEWAY TO LIFELONG LEARNING, PROVIDING CONVENIENT ACCESS TO RESOURCES THAT INFORM, EDUCATE, ENTERTAIN, AND ENRICH PEOPLE'S LIVES.

  • PROVIDE A FREE PUBLIC AND NON-SECTARIAN LIBRARY FOR THE RESIDENTS OF SCHWENKSVILLE, COLLEGEVILLE, LOWER FREDERICK, TRAPPE, PERKIOMEN, UPPER SALFORD, AND SKIPPACK.

    Expenses $70,302 · Revenue $13,902

As filed on the 2024 return.

Listed in Part VII

  • MEREDITH GLODEK

    PRESIDENT

    Total calculated
    $0
    Hours/week
    2
  • CAROL EWING

    VICE PRESIDENT

    Total calculated
    $0
    Hours/week
    2
  • LIZ STYER

    CO-TREASURER

    Total calculated
    $0
    Hours/week
    2
  • DEBBIE MCCABE

    CO-TREASURER

    Total calculated
    $0
    Hours/week
    2
  • KIM GILLINGHAM

    SECRETARY

    Total calculated
    $0
    Hours/week
    2
  • DON BARRICK

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    2
  • HOLLY DEWEES

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    2
  • DON DILMORE

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    2
  • DAVE DOUGLASS

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    2
  • MARK FILLMAN

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    2

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.

Grants on this return

No itemized grants to organizations on this return.

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

Provenance

Return type
form_990
Tax year
2024
Filed
13 November 2025
IRS schema version
2024v5.2
Source object
202503179349304745

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