Civic Intelligence

Springvale Public Library Association

990 • Fiscal year 2022 • EIN 01-0231382

Jul 01, 2021 to Jun 30, 2022 • Filed on May 15, 2023

443 Main StreetSpringvale, ME 04083

(207) 324-6777

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

29th percentile

0.01x

Higher debt load relative to assets than 29% of similar nonprofits.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2022

Liabilities / Revenue

55th percentile

0.11x

Higher debt load relative to revenue than 55% of similar nonprofits.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2022

Net Margin

12th percentile

-26%

Higher net margin than 12% of similar nonprofits.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2022

Top Officer Pay

47th percentile

$49,617

Higher top officer pay than 47% of similar nonprofits.

Top officer pay equals 17.0% of source-year revenue.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2022

Asset Growth

22nd percentile

-8.6%

Faster asset growth than 22% of similar nonprofits.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2021 to 2022

Revenue Growth

19th percentile

-19%

Faster revenue growth than 19% of similar nonprofits.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2021 to 2022

Assets

Down

$4,127,089

Down $386,957 (-8.6%) from 2021

Net Assets

Down

$4,095,248

Down $418,798 (-9.3%) from 2021

Liabilities

Up

$31,841

Up $31,841 from 2021

Revenue

Down

$292,165

Down $67,903 (-19%) from 2021

Expenses

Down

$368,474

Down $18,648 (-4.8%) from 2021

Net Income

Down

-$76,309

Down $49,255 (-182%) from 2021

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$6.0M$4.0M$2.0M$0Assets 2011: $3,215,928Liabilities 2011: $0Net Assets 2011: $3,215,9282011Assets 2012: $3,190,012Liabilities 2012: $0Net Assets 2012: $3,190,0122012Assets 2013: $3,336,222Liabilities 2013: $0Net Assets 2013: $3,336,2222013Assets 2014: $3,530,040Liabilities 2014: $0Net Assets 2014: $3,530,0402014Assets 2015: $3,503,795Liabilities 2015: $0Net Assets 2015: $3,503,7952015Assets 2016: $3,393,037Liabilities 2016: $0Net Assets 2016: $3,393,0372016Assets 2017: $3,565,605Liabilities 2017: $0Net Assets 2017: $3,565,6052017Assets 2018: $3,677,041Liabilities 2018: $0Net Assets 2018: $3,677,0412018Assets 2019: $3,783,848Liabilities 2019: $0Net Assets 2019: $3,783,8482019Assets 2020: $3,938,542Liabilities 2020: $38,400Net Assets 2020: $3,900,1422020Assets 2021: $4,514,046Liabilities 2021: $0Net Assets 2021: $4,514,0462021Assets 2022: $4,127,089Liabilities 2022: $31,841Net Assets 2022: $4,095,2482022Assets 2023: $4,266,151Liabilities 2023: $34,704Net Assets 2023: $4,231,4472023Assets 2024: $4,703,731Liabilities 2024: $30,040Net Assets 2024: $4,673,6912024

Highlighted filing

2022

Assets$4,127,089
Liabilities$31,841
Net Assets$4,095,248

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$400K$200K$0-$200KRevenue 2011: $245,441Expenses 2011: $298,781Net Income 2011: -$53,3402011Revenue 2012: $251,669Expenses 2012: $303,669Net Income 2012: -$52,0002012Revenue 2013: $271,164Expenses 2013: $311,772Net Income 2013: -$40,6082013Revenue 2014: $229,277Expenses 2014: $319,325Net Income 2014: -$90,0482014Revenue 2015: $227,519Expenses 2015: $333,442Net Income 2015: -$105,9232015Revenue 2016: $236,540Expenses 2016: $321,071Net Income 2016: -$84,5312016Revenue 2017: $233,706Expenses 2017: $327,508Net Income 2017: -$93,8022017Revenue 2018: $285,605Expenses 2018: $346,398Net Income 2018: -$60,7932018Revenue 2019: $262,809Expenses 2019: $360,113Net Income 2019: -$97,3042019Revenue 2020: $276,460Expenses 2020: $379,354Net Income 2020: -$102,8942020Revenue 2021: $360,068Expenses 2021: $387,122Net Income 2021: -$27,0542021Revenue 2022: $292,165Expenses 2022: $368,474Net Income 2022: -$76,3092022Revenue 2023: $271,052Expenses 2023: $364,357Net Income 2023: -$93,3052023Revenue 2024: $272,533Expenses 2024: $334,802Net Income 2024: -$62,2692024

Highlighted filing

2022

Revenue$292,165
Expenses$368,474
Net Income-$76,309
Jump To
Filing Snapshot
Filing Period
Jul 1, 2021 to Jun 30, 2022
Signed
May 15, 2023
Return Version
2021v4.2
Gross Receipts
$293,130
Mission and Program Overview

Mission

The Springvale Public Library was Created and Operated to Own and Maintain a Special Library for Mutual and Literary Purposes

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$3,124,777$2,822,644▼ $302,133
Land, Buildings, and Equipment, Net$1,222,723$1,220,275▼ $2,448
Cash and Non-Interest-Bearing Accounts$148,997$71,020▼ $77,977
Accounts Receivable$4,399--
Total Assets$4,514,046$4,127,089▼ $386,957
Other Assets Total$13,150$13,150→ $0
Liabilities
Accounts Payable and Accrued Expenses-$27,957-
Other Liabilities-$3,884-
Total Liabilities$0$31,841▲ $31,841
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$4,395,130$3,984,446▼ $410,684
Net Assets With Donor Restrictions$118,916$110,802▼ $8,114
Total Net Assets Fund Balance$4,514,046$4,095,248▼ $418,798
Total Liabilities and Net Assets / Fund Balance$4,514,046$4,127,089▼ $386,957

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$887,148$680,336$1,567,484
Other Land Buildings-$564,016$546,764
Land$333,127-$333,127
Equipment-$225,903$225,903
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Lesley UngerExecutive DirectorPT$49,617$49,617

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$238,687
Program Service Revenue
$6,349
Investment Income
$29,761
Other Revenue
$17,368
All Other Contributions
$29,519
Change in Net Assets
$-76,309
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$228,538
Other Expenses$139,936
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$136,444--$136,444
Current Officers, Directors, Trustees, and Key Employees$42,174$7,443-$49,617
All Other Expenses$31,638--$31,638
Other Employee Benefits$23,593--$23,593
Payroll Taxes$16,952$1,932-$18,884
Fees for Service Investment Mgmnt Fees-$9,298-$9,298
Insurance$5,260$558-$5,818
Fees for Services Accounting-$4,213-$4,213
Other Expenses$4,002--$4,002
Office Expenses---$124
Interest$4--$4
Total Functional Expenses$344,906$23,444$0$368,474
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
Yes

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$18,333
Fundraising Direct Expenses$965
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Online Auction$11,245$11,245-$11,245
Book Sale$7,088$7,088-$7,088
Total Events$18,333$18,333$965$17,368
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Federal income taxes$3,884
Deferred revenue and payroll taxes-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Annual disclosure for covered persons
No
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11

Treasurer and Board review the draft Form 990 and authorize its e-filing after review.

Form 990, Part VI, Section B, Line 15

Board has a personel subcommittee who reviews education, experience, performance and compairs with data for the other City library in Sanford and with State of Maine data for library wages.

Filing and Contact Details

Filer

Filer Name
Springvale Public Library Association
EIN
01-0231382
Phone
2073246777
Address
443 MAIN STREET, SPRINGVALE, ME 04083

Signing Officer

Name
Geoff Titherington
Title
Treasurer
Phone
2073246777
Signed
2023-05-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Geoff Titherington
Formed
1907
Legal Domicile
Me
Voting Board Members
12
Independent Board Members
12
Employees
12
Volunteers
25

Preparer

Firm
Ferguson & Johnson PA
Address
PO Box 97, Springvale, ME 04083
Preparer
David R Ferguson
Phone
2073245357
Supplemental Narrative

Additional Explanations

Form 990, Part XII, Line 2A

Organization moved from an accounting firm hired to provide a consolidated financial statement to haveing one prepared by an independent bookkeeper. The Form 990 is prepared by an independent Tax Attorney based on the financials provided.

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This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990/OtherExpensesGrp/ProgramServicesAmt220514
IRS990/OtherExpensesGrp/ProgramServicesAmt34002
IRS990/OtherExpensesGrp/TotalAmt028002
IRS990/OtherExpensesGrp/TotalAmt136323
IRS990/OtherExpensesGrp/TotalAmt220514
IRS990/OtherExpensesGrp/TotalAmt34002
IRS990/OtherLiabilitiesGrp/EOYAmt03884
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0136444
IRS990/OtherSalariesAndWagesGrp/TotalAmt0136444
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt01932
IRS990/PayrollTaxesGrp/ProgramServicesAmt016952
IRS990/PayrollTaxesGrp/TotalAmt018884
IRS990/PensionPlanContributionsGrp/TotalAmt00
IRS990/PoliticalCampaignActyInd0false
IRS990/PrincipalOfficerNm0Geoff Titherington
IRS990/ProfessionalFundraisingInd0true
IRS990/ProgramServiceRevenueGrp/Desc0User Fees
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt06349
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0256416
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt047554
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt0163597
IRS990/PYProgramServiceRevenueAmt056098
IRS990/PYRevenuesLessExpensesAmt0-27054
IRS990/PYSalariesCompEmpBnftPaidAmt0223525
IRS990/PYTotalExpensesAmt0387122
IRS990/PYTotalRevenueAmt0360068
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt0-76309
IRS990/RegularMonitoringEnfrcInd0false
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt0274797
IRS990/RoyaltiesGrp/TotalAmt00
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0245036
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0260465
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0214122
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0217748
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0243139
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt01180510
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt029761
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt047554
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt047158
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt045061
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt042466
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt0212000
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.84780
IRS990ScheduleA/PublicSupportPY170Pct00.83640
IRS990ScheduleA/PublicSupportTotal170Amt01180510
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0245036
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0260465
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0214122
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0217748
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0243139
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt01180510
IRS990ScheduleA/TotalSupportAmt01392510
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleD/BuildingsGrp/BookValueAmt0887148
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0680336
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt01567484
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0225903
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0225903
IRS990ScheduleD/InclEscrowCustodialAcctLiabInd0false
IRS990ScheduleD/LandGrp/BookValueAmt0333127
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0333127
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt0564016
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt0546764
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt03884
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0Federal income taxes
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1Deferred revenue and payroll taxes
IRS990ScheduleD/OtherSecuritiesGrp/Desc0Financial derivatives and other financial products
IRS990ScheduleD/OtherSecuritiesGrp/Desc1Closely-held equity interests
IRS990ScheduleD/TotalBookValueLandBuildingsAmt01220275
IRS990ScheduleD/TotalLiabilityAmt03884
IRS990ScheduleG/EmailSolicitationsInd0X
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt0965
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0Book Sale
IRS990ScheduleG/FundraisingEventInformationGrp/Event2Nm0Online Auction
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt07088
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent2Amt011245
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt018333
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt07088
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent2Amt011245
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt018333
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt017368
IRS990ScheduleG/FundraisingEventInformationGrp/NonCashPrizesEvent2Amt0965
IRS990ScheduleG/FundraisingEventInformationGrp/NonCashPrizesTotalEventsAmt0965
IRS990ScheduleG/MailSolicitationsInd0X
IRS990ScheduleG/SpecialFundraisingEventsInd0X
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Treasurer and Board review the draft Form 990 and authorize its e-filing after review.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Board has a personel subcommittee who reviews education, experience, performance and compairs with data for the other City library in Sanford and with State of Maine data for library wages.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Organization moved from an accounting firm hired to provide a consolidated financial statement to haveing one prepared by an independent bookkeeper. The Form 990 is prepared by an independent Tax Attorney based on the financials provided.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Section B, Line 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Section B, Line 15
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part XII, Line 2a
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0ME
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt04514046
IRS990/TotalAssetsEOYAmt04127089
IRS990/TotalAssetsGrp/BOYAmt04514046
IRS990/TotalAssetsGrp/EOYAmt04127089
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt0238687
IRS990/TotalEmployeeCnt012
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt023444
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0344906
IRS990/TotalFunctionalExpensesGrp/TotalAmt0368474

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$4.70$0.03$4.67$0.27$0.33$0.06
2023Detailed filing. Detailed filing data is available for this year.$4.27$0.03$4.23$0.27$0.36$0.09
2022Detailed filing. Detailed filing data is available for this year.$4.13$0.03$4.10$0.29$0.37$0.08
2021Detailed filing. Detailed filing data is available for this year.$4.51$0.00$4.51$0.36$0.39$0.03
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.94$0.04$3.90$0.28$0.38$0.10
2019Summary only. Only limited summary data is available for this year.$3.78$0.00$3.78$0.26$0.36$0.10
2018Summary only. Only limited summary data is available for this year.$3.68$0.00$3.68$0.29$0.35$0.06
2017Summary only. Only limited summary data is available for this year.$3.57$0.00$3.57$0.23$0.33$0.09
2016Summary only. Only limited summary data is available for this year.$3.39$0.00$3.39$0.24$0.32$0.08
2015Summary only. Only limited summary data is available for this year.$3.50$0.00$3.50$0.23$0.33$0.11
2014Summary only. Only limited summary data is available for this year.$3.53$0.00$3.53$0.23$0.32$0.09
2013Summary only. Only limited summary data is available for this year.$3.34$0.00$3.34$0.27$0.31$0.04
2012Summary only. Only limited summary data is available for this year.$3.19$0.00$3.19$0.25$0.30$0.05
2011Summary only. Only limited summary data is available for this year.$3.22$0.00$3.22$0.25$0.30$0.05