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

Program Service Accomplishments

Program 1
Expenses: $3,864 Revenue: $3,400

IN 2024, OUR PROGRAMMING FOR CHILDREN, TEENS, FAMILIES, AND ADULTS CONTINUED TO BE WELL ATTENDED AND WELL LOVED. OUR PROGRAMS BUILD COMMUNITY AND ALIGN WITH OUR MISSION TO PROMOTE EDUCATION...

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IN 2024, OUR PROGRAMMING FOR CHILDREN, TEENS, FAMILIES, AND ADULTS CONTINUED TO BE WELL ATTENDED AND WELL LOVED. OUR PROGRAMS BUILD COMMUNITY AND ALIGN WITH OUR MISSION TO PROMOTE EDUCATION, LEARNING, AND RECREATION. WE HELD 406 IN-PERSON PROGRAMS ATTENDED BY 8,967 PEOPLE. THE FRAMEWORK FOR OUR PROGRAMS IS ESTABLISHED AND CONSISTS OF PRESCHOOL STORY TIMES THREE DAYS PER WEEK, ONE PLAY DOUGH MORNING EACH WEEK, AND MAKINMUSIC FOR YOUNG CHILDREN ONCE A MONTH. SCHOOL AGE PROGRAMS INCLUDED BI-MONTHLY STEM CLASSES FOR HOMESCHOOL STUDENTS. OUR ADULT PROGRAMS INCLUDED A WEEKLY CROCHET GROUP AND A MONTHLY BOOK DISCUSSION. SOME OF OUR STAND-ALONE PROGRAMS HAVE NOW BECOME STAPLES THAT WE REPEAT. PEOPLE ASSOCIATE THEM WITH OUR LIBRARY AND LOOK FORWARD TO THEM EACH YEAR. EXAMPLES FROM 2024 INCLUDED THE ANNUAL BUBBLE FESTIVAL (HIGHLIGHTED IN THE 2025 PA SUMMER READING SHOWCASE), THE AUGUST FAIRY TALE FAIR, THE MARTIN LUTHER KING, JR DAY INTERGENERATIONAL ARTS AND CRAFTS TO DECORATE THE LIBRARY, THANKSGIVING CENTER PIECE MAKING WEEKLONG DROP IN, AND SUMMER MOSAICS CLASSES LED BY THE LIBRARY DIRECTOR.

Program 2
Expenses: $1,145

THE LIBRARY CONTINUED TO PARTNER WITH WEST PIKELAND TOWNSHIP PARKS AND RECREATION ASSOCIATION TO OFFER A SUMMER IN THE PARKS SERIES OF FAMILY ENTERTAINMENT, SPRING AND FALL YOGA CLASSES AT PINE CREEK...

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THE LIBRARY CONTINUED TO PARTNER WITH WEST PIKELAND TOWNSHIP PARKS AND RECREATION ASSOCIATION TO OFFER A SUMMER IN THE PARKS SERIES OF FAMILY ENTERTAINMENT, SPRING AND FALL YOGA CLASSES AT PINE CREEK PARK, AND A COMMUNITY EGG HUNT IN THE SPRING. WE ALSO CONTINUED TO PARTICIPATE WITH HISTORIC YELLOW SPRINGS, INC., A CULTURAL NONPROFIT, FOR THE DECEMBER ANNUAL HOLIDAY STROLL, THE MOTHER'S DAY ART IN THE VILLAGE EVENT, AND THE FALL ANNIVERSARY OF THE VILLAGE OF HISTORIC YELLOW SPRINGS. IN DECEMBER, WE PURCHASED A MOVIE THEATER STYLE POPCORN MAKER TO ADD MORE FUN AND ENJOYMENT FOR OUR LIBRARY USERS DURING EVENTS LIKE THESE. OUR PROGRAMMING AND OUR PARTNERSHIPS CONTRIBUTE TO THE VALUE WE OFFER BY ALLOWING US TO REACH MORE MEMBERS OF THE COMMUNITY AND SHARE OUR RESOURCES WITH OTHER NONPROFITS THAT SERVE THE SAME PEOPLE.

Program 3
Expenses: $29,290

PENNSYLVANIA STATE LIBRARY LAW REQUIRES AT LEAST 12% OF A LIBRARY'S OPERATING EXPENSES SHALL BE SPENT ON COLLECTION DEVELOPMENT. CHESTER SPRINGS LIBRARY CONTINUED TO MEET THIS OBLIGATION IN 2024. THE...

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PENNSYLVANIA STATE LIBRARY LAW REQUIRES AT LEAST 12% OF A LIBRARY'S OPERATING EXPENSES SHALL BE SPENT ON COLLECTION DEVELOPMENT. CHESTER SPRINGS LIBRARY CONTINUED TO MEET THIS OBLIGATION IN 2024. THE NUMBER OF ITEMS IN THE LIBRARY'S CATALOG WAS 16,549 ITEMS. THIS CONSISTED OF BOOKS, MAGAZINES, DVDS, MUSIC CDS, AUDIOBOOKS ON CD, PLAY-AWAYS, MAGAZINES, BOOK CLUB KITS, AND A LIBRARY OF THINGS (CIRCULAR LOOMS, GELLI ARTS PRINTING KITS, AND DISC GOLF SETS). WE ALSO CONTRIBUTED AS MUCH AS POSSIBLE TO THE LIBRARY SYSTEM'S ELECTRONIC RESOURCE COLLECTION OF DOWNLOADABLE E-BOOKS, E-AUDIO BOOKS, AND E-MAGAZINES. OUR TOTAL CIRCULATION OF MATERIAL (PHYSICAL ITEMS AND E-RESOURCES) WAS 66,948. CIRCULATION OF CHILDREN'S PHYSICAL MATERIALS INCLUDED IN THIS AMOUNT WAS 21,948. IN 2024, CHESTER SPRINGS SPENT 13.24% FOR COLLECTION DEVELOPMENT.

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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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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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