CHESTER SPRINGS, PA
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)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.
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
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...
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.
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...
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.
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...
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.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 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% |
Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics
Financial Distress Indicator
Liquidity & Cash Position
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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics
Sign In| 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 |
| 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 |
Compare CHESTER SPRINGS LIBRARY with other nonprofits in Pennsylvania and across the country.