Carnegie Library of Homestead

EIN: 250969452 501(c)(3)

Homestead, PA

Total Revenue
$3,971,627
Total Expenses
$1,754,678
Total Assets
$13,766,241
Net Assets
$11,325,187
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1915
Legal Domicile
PA
Principal Officer
Alyson Fisher
Tax Period
2023-01-01 to 2023-12-31

Carnegie Library of Homestead, founded in 1915, is a community nonprofit that reported $4.0M in total revenue in fiscal year 2023. Revenue surged 114% from the prior year, signaling strong growth momentum. The organization ran a surplus of $2.2M, a strong 56% operating margin.

Mission

The Carnegie Library of Homesteads mission is to provide programs and facilities that enhance learning, wellness, and quality of life within and outside of the Steel Valley. Today, we serve over 17,000 residents of Munhall, Homestead, West Homestead, and Whitaker;

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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 (2023)

Revenue Breakdown

Contributions & Grants $2,610,387
Program Service Revenue $935,901
Investment Income $156,915
Other Revenue $268,424
TOTAL REVENUE $3,971,627

Expense Breakdown

Grants Paid $0
Salaries & Benefits $803,521
Fundraising Expenses $0
Program Expenses $1,468,053
Other Expenses $951,157
TOTAL EXPENSES $1,754,678

Year-over-Year Comparison

2023 2022 Change
Revenue $3,971,627 $1,855,003 +1.1%
Expenses $1,754,678 $1,655,095 +0.1%
Net Income $2,216,949 $199,908 +10.1%
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

Financial Distress Indicator

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
14
Independent Members
14
Employees
28
Volunteers
14

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
4
$0
Total Directors
14
$0
Key Employees
1
$111,624
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Carol Shrieve Eexcutive Director 40.00
Key Emp
$98,669 $12,955 $111,624
Amy Evancho Board Member 4.00
Director
$0 $0 $0
Brittany McDonald Board Member 4.00
Director
$0 $0 $0
Mark Balistrieri Board Member 4.00
Director
$0 $0 $0
Chris Kelly Board Member 4.00
Director
$0 $0 $0
Mercedes McFarland Board Member 4.00
Director
$0 $0 $0
Joe Leonello Board Member 4.00
Director
$0 $0 $0
Bethany Lang Board Member 4.00
Director
$0 $0 $0
Jeff Brahan Board Member 4.00
Director
$0 $0 $0
Andrea Harhai Board Member 4.00
Director
$0 $0 $0
Vanessa McCarthy-Johnson Board Member 4.00
Director
$0 $0 $0
Alyson Fisher President 4.00
Officer Director
$0 $0 $0
Teri Deal Secretary 4.00
Officer Director
$0 $0 $0
Lenny S Chan Vice President 4.00
Officer Director
$0 $0 $0
Mike Pearce Treasurer 4.00
Officer 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 No data No data No data No data
2023 $3,971,627 $1,754,678 $13,766,241 $2,216,949
2021 $2,340,576 $1,248,363 $12,556,995 $1,092,213
2020 $2,795,699 $1,061,133 $11,274,618 $1,734,566
2019 $3,283,215 $1,387,390 $6,556,384 $1,895,825
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