Nonprofit · EIN 23-1547585
KENNETT LIBRARY
Tax-exempt · KENNETT SQ, PA 19348
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $6,767,254 | $2,685,940 | $4,081,314 | $22,000,520 | $1,399,600 | $20,600,920 |
| December 31, 2023 | 990 | $4,840,483 | $1,699,551 | $3,140,932 | $22,994,869 | $6,400,477 | $16,594,392 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $6,461,532
- of which government grants
- $685,855
- Program service revenue
- $90,709
- Investment income
- $173,865
- Net gain from sales of assets
- $145,996
- Net income from fundraising events
- $41,148
- Other revenue
- $41,148
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $102,009
- Other salaries and wages
- $885,171
- Salaries, compensation and benefits (total)
- $1,190,389
- Professional fundraising fees
- $0
- Legal fees
- $13,495
- Accounting fees
- $10,353
- Occupancy
- $95,188
- Travel
- $124
- Depreciation
- $549,653
- Program services (functional)
- $1,905,106
- Management and general (functional)
- $412,768
- Fundraising (functional)
- $368,066
Balance sheet and other
- Total assets, start of year
- $20,994,869
- Total assets, end of year
- $22,000,520
- Total liabilities, end of year
- $1,399,600
- Net assets, end of year
- $20,600,920
- Land, buildings and equipment
- $20,250,134
- Publicly traded securities
- $916,898
- Net assets without donor restrictions
- $20,600,920
- Gross receipts
- $6,964,536
- Employees
- 50
- Volunteers
- 245
- Year formed
- 1895
- State of legal domicile
- PA
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| BRADLEY PEIPER | PRESIDENT Trustee or director, Officer | 10 | $0 |
| DR LOREN PEARSON | VICE PRESIDE Trustee or director, Officer | 10 | $0 |
| LEE SAUSEN | TREASURER Trustee or director, Officer | 3 | $0 |
| BARBARA NECARSULMER | SECRETARY Trustee or director, Officer | 1 | $0 |
| BARBARA BOLTON | TRUSTEE Trustee or director | 1 | $0 |
| TODD BRUCE | TRUSTEE Trustee or director | 1 | $0 |
| LENDA CARRILLO | TRUSTEE Trustee or director | 1 | $0 |
| MARGARET EGLI | TRUSTEE Trustee or director | 3 | $0 |
| DR BARBARA FORNEY | TRUSTEE Trustee or director | 1 | $0 |
| DANIEL GANNON | TRUSTEE Trustee or director | 1 | $0 |
| VICKI GEHRT | TRUSTEE Trustee or director | 1 | $0 |
| DR WILLIAM MAJARIAN | TRUSTEE Trustee or director | 1.75 | $0 |
| DR BRENDA MERCOMES | TRUSTEE Trustee or director | 3 | $0 |
| PATTIE MORGAN MILLER | TRUSTEE Trustee or director | 1 | $0 |
| CLAIRE MURRAY | TRUSTEE Trustee or director | 1 | $0 |
3 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| LEAH REYNOLDS | TRUSTEE Trustee or director | 1 | $0 |
| DR CORINNE SWEENEY | TRUSTEE Trustee or director | 1 | $0 |
| COLLIS O TOWNSEND | TRUSTEE Trustee or director | 1 | $0 |
990 for the year ended December 31, 2023: 17 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| BRADLEY PEIPER | PRESIDENT Trustee or director, Officer | 10 | $0 |
| DR LOREN PEARSON | VICE PRESIDE Trustee or director, Officer | 10 | $0 |
| LEE SAUSEN | TREASURER Trustee or director, Officer | 3 | $0 |
| BARBARA NECARSULMER | SECRETARY Trustee or director, Officer | 1 | $0 |
| BARBARA BOLTON | TRUSTEE Trustee or director | 1 | $0 |
| TODD BRUCE | TRUSTEE Trustee or director | 1 | $0 |
| LENDA CARRILLO | TRUSTEE Trustee or director | 1 | $0 |
| MARGARET EGLI | TRUSTEE Trustee or director | 3 | $0 |
| DR BARBARA FORNEY | TRUSTEE Trustee or director | 1 | $0 |
| DANIEL GANNON | TRUSTEE Trustee or director | 1 | $0 |
| DR WILLIAM MAJARIAN | TRUSTEE Trustee or director | 1.75 | $0 |
| DR BRENDA MERCOMES | TRUSTEE Trustee or director | 3 | $0 |
| PATTIE MORGAN MILLER | TRUSTEE Trustee or director | 1 | $0 |
| CLAIRE MURRAY | TRUSTEE Trustee or director | 1 | $0 |
| LEAH REYNOLDS | TRUSTEE Trustee or director | 1 | $0 |
| DR CORINNE SWEENEY | TRUSTEE Trustee or director | 1 | $0 |
| COLLIS O TOWNSEND | TRUSTEE Trustee or director | 1 | $0 |
Address and contacts
- Address (IRS master file)
- PO BOX 730, KENNETT SQ, PA 19348-0730
- Principal officer (990 for 2024)
- COLLIS O TOWNSEND
- Signed the 990
- LEE SAUSEN, TREASURER
- Phone
- (610) 444-2702
- Website
- WWW.KENNETTLIBRARY.ORG
- Return prepared by
- UMBREIT WILECZEK & ASSOCIATES PC
Mission
KENNETT LIBRARY IS A REGIONAL PUBLIC LIBRARY OPEN TO ALL AND SERVING THE TOWNSHIPS OF KENNETT, EAST MARLBOROUGH, PENNSBURY, POCOPSON, NEWLIN, NEW GARDEN, WEST MARLBOROUGH AND THE BOROUGH OF KENNETT SQUARE. WE PROVIDE A PLACE FOR THE YOUNGEST TO THE OLDEST AND EVERYONE IN BETWEEN AND SERVE PEOPLE OF ALL INCOMES, AGES, AND NEEDS - FOR FREE. KENNETT LIBRARY'S MISSION IS TO IGNITE IMAGINATION, ENRICH LIVES, AND CREATE COMMUNITY WITH A VISION TO BE THE CATALYST FOR A COMMUNITY OF LIFELONG LEARNING AND DISCOVERY. WE CONNECT PEOPLE WITH READING, INFORMATION AND TECHNOLOGY TO EXPAND CURIOSITY, EXPLORE INTERESTS, AND DISCOVER PASSIONS. WE PROVIDE A FRIENDLY, HELPFUL, STIMULATING ENVIRONMENT THAT IS BUILT ON FREE ACCESS TO LIBRARY RESOURCES AND THE EXCHANGE OF INFORMATION. WE ARE A PLACE TO MEET, A PLACE TO LEARN, TO TEACH, TO SHARE, TO CONNECT, A PLACE TO BUILD, TO EXPAND HORIZONS. WE OFFER FREE IN-PERSON AND VIRTUAL PROGRAMS FOR CHILDREN, TEENS, AND ADULTS. PROGRAMS INCLUDE ESL CLASSES, ART WO
Program accomplishments
- THE KENNETT LIBRARY SERVES RESIDENTS IN EIGHT MUNICIPALITIES (EAST MARLBOROUGH, KENNETT SQUARE, KENNETT TOWNSHIP, NEW GARDEN, NEWLIN, PENNSBURY, POCOPSON, WEST MARLBOROUGH) IN SOUTHERN CHESTER COUNTY.Expenses $1,905,106 · revenue $90,709
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 23-1547585
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (509(a)(2))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 1958
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Assets (IRS master file)
- $22,000,520
- Income (IRS master file)
- $6,964,536
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $6,767,254 | $2,685,940 | $22,000,520 | IRS |
| 990 | December 2023 | $4,840,483 | $1,699,551 | $22,994,869 | XML |
| 990 | December 2022 | $4,046,003 | $1,080,737 | $15,578,743 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990-T | December 2020 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 23-1547585).
Questions about KENNETT LIBRARY
- What is the EIN of KENNETT LIBRARY?
- The employer identification number (EIN) of KENNETT LIBRARY is 23-1547585.
- Is KENNETT LIBRARY tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1958.
- Are donations to KENNETT LIBRARY tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does KENNETT LIBRARY file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of KENNETT LIBRARY due?
- The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did KENNETT LIBRARY last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2024.
- Who is the principal officer of KENNETT LIBRARY?
- The 990 for the year ended December 31, 2024 names COLLIS O TOWNSEND.
- Who are the officers and directors of KENNETT LIBRARY?
- The 990 for the year ended December 31, 2024 lists 18 people; 0 received compensation from the organization.
- How much revenue does KENNETT LIBRARY have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $6,767,254, expenses of $2,685,940 and total assets of $22,000,520 at year end.
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- LONGWOOD FIRE CO EIN 23-1566823 · last filed 990 for 2025
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- WHITE CLAY SCHOOL EIN 23-3083445 · last filed 990 for 2024