CRANBERRY PUBLIC LIBRARY INC

EIN: 251305780 501(c)(3)

CRANBERRY TOWNSHIP, PA

Total Revenue
$819,620
Total Expenses
$790,709
Total Assets
$1,507,723
Net Assets
$1,455,003
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1973
Legal Domicile
PA
Principal Officer
LESLIE PALLOTTA
Phone
7247769100
Tax Period
2024-01-01 to 2024-12-31

CRANBERRY PUBLIC LIBRARY INC, founded in 1973, is a small nonprofit that reported $820K in total revenue in fiscal year 2024. Expenses of $791K left a modest 4% surplus.

Mission

SEE FORM 990, PART I, LINE 1

Program Service Accomplishments

Program 1
Expenses: $638,887 Revenue: $26,881

THE MISSION OF THE CRANBERRY PUBLIC LIBRARY IS TO STRENGTHEN OUR COMMUNITY BY SERVING AS AN INTEGRAL HUB FOR INFORMATION, INSPIRATION, AND ENRICHMENT.TO ACHIEVE THIS, CRANBERRY LIBRARY SPENT $65,539...

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THE MISSION OF THE CRANBERRY PUBLIC LIBRARY IS TO STRENGTHEN OUR COMMUNITY BY SERVING AS AN INTEGRAL HUB FOR INFORMATION, INSPIRATION, AND ENRICHMENT.TO ACHIEVE THIS, CRANBERRY LIBRARY SPENT $65,539 ON NEW MATERIALS FOR THE LIBRARY'S COLLECTION. THIS INCLUDED PRINT, AUDIO VISUAL AND ELECTRONIC ITEMS FOR PATRON USE. THE TOTAL COLLECTION SIZE OF THE LIBRARY IS APPROXIMATELY 72,541 PHYSICAL ITEMS. IN 2024, 264,875 ITEMS CIRCULATED FROM THE LIBRARY'S COLLECTION. THIS IS AN INCREASE OF 15% FROM THE PRIOR YEAR, INDICATING CONTINUED GROWTH AND SUCCESS.ADDITIONALLY, THE LIBRARY OFFERED 626 PROGRAMS TO ALL SEGMENTS OF THE POPULATION, BIRTH THROUGH SENIOR CITIZENS. 11,772 INDIVIDUALS ATTEND ONE OR MORE OF THE PROGRAMS WHICH RANGED FROM TRADITIONAL STORYTIMES, TO HANDS ON STEAM LEARNING IN OUR FORGE MAKERSPACE, TO THE ALWAYS POPULAR SUMMER READING PROGRAM. THE LIBRARY SPENT $11,163 ON PROGRAMMING EXPENSES IN 2024. THIS AMOUNT INCLUDES PROGRAMMING COSTS FOR BOTH THE LIBRARY AND THE FORGE MAKERSPACE PROGRAM OFFERINGS.THE LIBRARY HAD 15 PCS AND IPADS AVAILABLE FOR PATRON USE DURING 2024. IN 2024 THE PUBLIC ACCESS COMPUTERS AND IPADS WERE LOGGED INTO 10,054 TIMES. TO MAINTAIN AND KEEP TECHNOLOGY UP TO DATE, THE LIBRARY SPENT $25,031.

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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 $726,863
Program Service Revenue $26,881
Investment Income $8,535
Other Revenue $57,341
TOTAL REVENUE $819,620

Expense Breakdown

Grants Paid $0
Salaries & Benefits $576,744
Fundraising Expenses $9,966
Program Expenses $638,887
Other Expenses $213,965
TOTAL EXPENSES $790,709

Year-over-Year Comparison

2024 2023 Change
Revenue $819,620 $782,737 +0.0%
Expenses $790,709 $792,149 0.0%
Net Income $28,911 $-9,412 -4.1%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Liquidity & Cash Position

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Governance

Voting Members
7
Independent Members
7
Employees
25
Volunteers
30

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
$81,292
Total Directors
7
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
THOMAS PARKINSON PRESIDENT 1.00
Officer Director
$0 $0 $0
JUDITH BOREN SECRETARY 1.00
Officer Director
$0 $0 $0
LEIGH KUZMOVICH TREASURER 1.00
Officer Director
$0 $0 $0
ROBYN GROSS VICE PRESIDENT 1.00
Officer Director
$0 $0 $0
STEPHANIE REESE BOARD MEMBER 1.00
Director
$0 $0 $0
DARLENE CORRIS BOARD MEMBER 1.00
Director
$0 $0 $0
CORRINE SATRIANO BOARD MEMBER 1.00
Director
$0 $0 $0
LESLIE PALLOTTA LIBRARY DIRECTOR 40.00
Officer
$74,356 $6,936 $81,292
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
2025 No data No data No data No data
2024 $819,620 $790,709 $1,507,723 $28,911
2023 $782,737 $792,149 $1,472,718 $-9,412
2022 $703,205 $783,369 $1,423,950 $-80,164
2021 $799,150 $799,892 $1,622,172 $-742
2020 $896,130 $654,039 $1,577,916 $242,091
2019 $669,991 $585,546 $1,329,413 $84,445
2018 $680,855 $600,822 $1,241,873 $80,033
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