CHESTER SPRINGS LIBRARY

EIN: 232655912 501(c)(3) Education

CHESTER SPRINGS, PA

Total Revenue
$204,014
Total Expenses
$221,151
Total Assets
$563,124
Net Assets
$563,124
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1977
Legal Domicile
PA
Principal Officer
STEF ANDERKO
Phone
6108279212
Tax Period
2024-01-01 to 2024-12-31

CHESTER SPRINGS LIBRARY, founded in 1977, is a small nonprofit in the Education sector that reported $204K in total revenue in fiscal year 2024. Net assets of $563K represent 33 months of operating reserves.

Mission

TO SERVE THE AREA BY PROVIDING ACCESS TO MATERIALS, SERVICES AND PROGRAMS THAT PROMOTE EDUCATION, LIFELONG LEARNING, EARLY LITERACY, LEISURE OPPORTUNITIES, INDIVIDUAL GROWTH, AND CONNECTIONS THAT BUILD A HEALTHY AND VIBRANT COMMUNITY.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $184,831
Program Service Revenue $3,400
Investment Income $15,783
Other Revenue $0
TOTAL REVENUE $204,014

Expense Breakdown

Grants Paid $0
Salaries & Benefits $150,297
Fundraising Expenses $4,509
Program Expenses $112,663
Other Expenses $70,854
TOTAL EXPENSES $221,151

Year-over-Year Comparison

2024 2023 Change
Revenue $204,014 $214,666 0.0%
Expenses $221,151 $201,498 +0.1%
Net Income $-17,137 $13,168 -2.3%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

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Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
8
Independent Members
8
Employees
8
Volunteers
15

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
5
$61,685
Total Directors
8
$61,685
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
NANCY NIGGEL EXECUTIVE DIRECTOR 35.00
Officer Director
$61,685 $0 $61,685
STEF ANDERKO SECRETARY 5.00
Officer Director
$0 $0 $0
VIDHYA KRISHNAMOORTHY VICE PRESIDENT 5.00
Officer Director
$0 $0 $0
PETER KIM TREASURER 5.00
Officer Director
$0 $0 $0
DREW KIRSCHMANN BOARD MEMBER 5.00
Director
$0 $0 $0
KIMBERLY MARINO PRESIDENT 5.00
Officer Director
$0 $0 $0
BRANDEN HYDUTSKY BOARD MEMBER 5.00
Director
$0 $0 $0
CAROLINE PERRY BOARD MEMBER 5.00
Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2024 $204,014 $221,151 $563,124 $-17,137
2023 $214,666 $201,498 $538,045 $13,168
2022 $198,531 $194,140 $486,925 $4,391
2021 $202,356 $188,284 $551,535 $14,072
2020 $203,548 $187,344 $474,106 $16,204
2019 $210,088 $170,257 $428,756 $39,831
2018 $216,538 $178,529 $336,563 $38,009
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