Civic Intelligence

Waldoboro Public Library

990 • Fiscal year 2017 • EIN 01-0329748

Jan 01, 2017 to Dec 31, 2017 • Filed on Jun 25, 2018

PO Box 768Waldoboro, ME 04572

(207) 832-4484

Siviq Scores

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

Liabilities / Assets

20th percentile

0.00x

Higher debt load relative to assets than 20% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Liabilities / Revenue

25th percentile

0.02x

Higher debt load relative to revenue than 25% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Net Margin

83rd percentile

27%

Higher net margin than 83% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Top Officer Pay

41st percentile

$35,250

Higher top officer pay than 41% of similar nonprofits.

Top officer pay equals 16.3% of source-year revenue.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Asset Growth

55th percentile

4.9%

Faster asset growth than 55% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2016 to 2017

Revenue Growth

81st percentile

32%

Faster revenue growth than 81% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2016 to 2017

Assets

Up

$1,258,307

Up $59,304 (+4.9%) from 2016

Net Assets

Up

$1,254,770

Up $59,440 (+5.0%) from 2016

Liabilities

Down

$3,537

Down $136 (-3.7%) from 2016

Revenue

Up

$216,379

Up $52,968 (+32%) from 2016

Expenses

Up

$156,939

Up $4,915 (+3.2%) from 2016

Net Income

Up

$59,440

Up $48,053 (+422%) from 2016

Historical Trend

Balance Sheet Trend

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

$2.0M$1.5M$1.0M$500K$0Assets 2010: $1,083,982Liabilities 2010: $0Net Assets 2010: $1,083,9822010Assets 2011: $1,078,703Liabilities 2011: $1,588Net Assets 2011: $1,077,1152011Assets 2012: $1,138,286Liabilities 2012: $2,138Net Assets 2012: $1,136,1482012Assets 2013: $1,186,246Liabilities 2013: $2,377Net Assets 2013: $1,183,8692013Assets 2014: $1,200,730Liabilities 2014: $2,412Net Assets 2014: $1,198,3182014Assets 2015: $1,169,003Liabilities 2015: $3,587Net Assets 2015: $1,165,4162015Assets 2016: $1,199,003Liabilities 2016: $3,673Net Assets 2016: $1,195,3302016Assets 2017: $1,258,307Liabilities 2017: $3,537Net Assets 2017: $1,254,7702017Assets 2018: $1,190,313Liabilities 2018: $2,537Net Assets 2018: $1,187,7762018Assets 2019: $1,316,773Liabilities 2019: $2,606Net Assets 2019: $1,314,1672019Assets 2020: $1,419,454Liabilities 2020: $2,312Net Assets 2020: $1,417,1422020Assets 2021: $1,575,736Liabilities 2021: $2,733Net Assets 2021: $1,573,0032021Assets 2022: $1,412,793Liabilities 2022: $2,250Net Assets 2022: $1,410,5432022Assets 2023: $1,531,555Liabilities 2023: $2,054Net Assets 2023: $1,529,5012023Assets 2024: $1,626,182Liabilities 2024: $691Net Assets 2024: $1,625,4912024

Highlighted filing

2017

Assets$1,258,307
Liabilities$3,537
Net Assets$1,254,770

Operations Trend

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

$400K$200K$0-$200KExpenses 2010: $141,2742010Expenses 2011: $160,9642011Revenue 2012: $175,875Expenses 2012: $145,524Net Income 2012: $30,3512012Revenue 2013: $169,017Expenses 2013: $146,485Net Income 2013: $22,5322013Revenue 2014: $144,043Expenses 2014: $155,057Net Income 2014: -$11,0142014Revenue 2015: $142,567Expenses 2015: $154,543Net Income 2015: -$11,9762015Revenue 2016: $163,411Expenses 2016: $152,024Net Income 2016: $11,3872016Revenue 2017: $216,379Expenses 2017: $156,939Net Income 2017: $59,4402017Revenue 2018: $96,353Expenses 2018: $163,347Net Income 2018: -$66,9942018Revenue 2019: $293,113Expenses 2019: $166,722Net Income 2019: $126,3912019Revenue 2020: $260,459Expenses 2020: $157,484Net Income 2020: $102,9752020Revenue 2021: $316,289Expenses 2021: $160,428Net Income 2021: $155,8612021Revenue 2022: $13,408Expenses 2022: $175,868Net Income 2022: -$162,4602022Revenue 2023: $298,475Expenses 2023: $179,517Net Income 2023: $118,9582023Revenue 2024: $283,012Expenses 2024: $187,022Net Income 2024: $95,9902024

Highlighted filing

2017

Revenue$216,379
Expenses$156,939
Net Income$59,440
Jump To
Filing Snapshot
Filing Period
Jan 1, 2017 to Dec 31, 2017
Signed
Jun 25, 2018
Return Version
2017v2.2
Gross Receipts
$220,729
Mission and Program Overview

Mission

Operation of public library

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$660,622$725,780▲ $65,158
Land, Buildings, and Equipment, Net$500,951$486,663▼ $14,288
Cash and Non-Interest-Bearing Accounts$29,583$24,915▼ $4,668
Savings and Temporary Cash Investments$7,847$20,949▲ $13,102
Total Assets$1,199,003$1,258,307▲ $59,304
Liabilities
Accounts Payable and Accrued Expenses$3,673$3,537▼ $136
Total Liabilities$3,673$3,537▼ $136
Net Assets / Fund Balance
Unrestricted Net Assets$906,958$966,398▲ $59,440
Permanently Rstr Net Assets$288,372$288,372→ $0
Total Net Assets Fund Balance$1,195,330$1,254,770▲ $59,440
Total Liabilities and Net Assets / Fund Balance$1,199,003$1,258,307▲ $59,304

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$408,950$160,201$569,151
Equipment$26,417$32,640$59,057
Land$51,296-$51,296
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Cathrina SkovExecutive DirectorPT$35,250$35,250

Board Members and Trustees

NameTitle
Aubree HellerPresident
Peggy BlackmonVice-president
Bruce MetrickTrustee
Jan VisserTrustee
Mary Beth BanfieldTrustee
Peggy JonesTrustee
Rick WestTrustee
Paula XSecretary
Bob ButlerTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$119,297
Program Service Revenue
$3,035
Investment Income
$81,298
Other Revenue
$12,749
All Other Contributions
$45,221
Change in Net Assets
$59,440
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$93,011
Other Expenses$63,928
Total Fundraising Expense$4,678
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$50,508$0$0$50,508
Current Officers, Directors, Trustees, and Key Employees$19,388$12,337$3,525$35,250
Depreciation Depletion$17,376$0$0$17,376
Occupancy$10,336$0$0$10,336
Payroll Taxes$5,682$947$38$6,667
Fees for Service Investment Mgmnt Fees$0$5,234$0$5,234
All Other Expenses$3,832$535$0$4,367
Information Technology$2,564$0$0$2,564
Insurance$2,188$0$0$2,188
Office Expenses$1,990$0$0$1,990
Other Employee Benefits$586$0$0$586
Fees for Services Accounting$0$494$0$494
Other Expenses$85$0$0$85
Total Functional Expenses$132,714$19,547$4,678$156,939
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$17,099
Fundraising Direct Expenses$4,350
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Brewfest$11,862$11,862$1,990$9,872
Total Events$17,099$17,099$4,310$12,789
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
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
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No
Filing and Contact Details

Filer

Filer Name
Waldoboro Public Library
EIN
01-0329748
Phone
2078324484
Address
PO BOX 768, WALDOBORO, ME 04572

Signing Officer

Name
Cathrina Skov
Title
Executive Director
Phone
2078324484
Signed
2018-06-25
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Peggy Blackmon
Formed
1916
Legal Domicile
Me
Voting Board Members
9
Independent Board Members
9
Employees
7
Volunteers
60

Preparer

Firm
Bruce A Bachelder CPA
Address
285 Biscay Road, Damariscotta, ME 04543
Preparer
Bruce a Bachelder CPA
Phone
2075637540
Supplemental Narrative

Additional Explanations

Pt VI, Line 11B

There has not been a review process for the 990 in the past but there will be in the future.

Form 990, Part IX, Line 24E

Bookkeeper 500. 0. 500. 0.

Form 990, Part IX, Line 24E

Housekeeper 690. 690. 0. 0.

Form 990, Part IX, Line 24E

PROGRAMS 141. 141. 0. 0.

Form 990, Part IX, Line 24E

Outreach 1882. 1882. 0. 0.

Form 990, Part IX, Line 24E

Bank service charges 35. 0. 35. 0.

Form 990, Part IX, Line 24E

Miscellaneous 55. 55. 0. 0.

Form 990, Part IX, Line 24E

Copier lease 830. 830. 0. 0.

Form 990, Part IX, Line 24E

POSTAGE 234. 234. 0. 0.

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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/ProgramServiceRevenueGrp/BusinessCd0900099
IRS990/ProgramServiceRevenueGrp/Desc0PROGRAM SERVICE REVENUE
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt03035
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0128457
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt032163
IRS990/PYOtherExpensesAmt058771
IRS990/PYProgramServiceRevenueAmt02791
IRS990/PYRevenuesLessExpensesAmt011387
IRS990/PYSalariesCompEmpBnftPaidAmt093253
IRS990/PYTotalExpensesAmt0152024
IRS990/PYTotalRevenueAmt0163411
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt059440
IRS990/RegularMonitoringEnfrcInd0false
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt03035
IRS990/SavingsAndTempCashInvstGrp/BOYAmt07847
IRS990/SavingsAndTempCashInvstGrp/EOYAmt020949
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0131812
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0128457
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0117216
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0120017
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0115768
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0613270
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt023853
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt016673
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt016076
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt016096
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt014106
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt086804
IRS990ScheduleA/InvestmentIncomeCYPct00
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.87600
IRS990ScheduleA/PublicSupportCY509Pct00
IRS990ScheduleA/PublicSupportPY170Pct00.88980
IRS990ScheduleA/PublicSupportTotal170Amt0613270
IRS990ScheduleA/PublicSupportTotal509Amt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0131812
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0128457
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0117216
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0120017
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0115768
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0613270
IRS990ScheduleA/TotalSupportAmt0700074
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/BuildingsGrp/BookValueAmt0408950
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0160201
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt0569151
IRS990ScheduleD/EquipmentGrp/BookValueAmt026417
IRS990ScheduleD/EquipmentGrp/DepreciationAmt032640
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt059057
IRS990ScheduleD/LandGrp/BookValueAmt051296
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt051296
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0486663
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt04310
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0BREWFEST
IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageEvent1Amt0490
IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageOtherEventsAmt0475
IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageTotalEventsAmt0965
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt011862
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsOtherEventsAmt05237
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt017099
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt011862
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueOtherEventsAmt05237
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt017099
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt012789
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssOtherEventsAmt01355
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt03345
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt01990
IRS990ScheduleG/FundraisingEventInformationGrp/OtherEventsTotalCnt03
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0false
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THERE HAS NOT BEEN A REVIEW PROCESS FOR THE 990 IN THE PAST BUT THERE WILL BE IN THE FUTURE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1BOOKKEEPER 500. 0. 500. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2HOUSEKEEPER 690. 690. 0. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3PROGRAMS 141. 141. 0. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4OUTREACH 1882. 1882. 0. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5BANK SERVICE CHARGES 35. 0. 35. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6MISCELLANEOUS 55. 55. 0. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7COPIER LEASE 830. 830. 0. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8POSTAGE 234. 234. 0. 0.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Pt VI, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8Form 990, Part IX, Line 24e
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt01199003
IRS990/TotalAssetsEOYAmt01258307
IRS990/TotalAssetsGrp/BOYAmt01199003
IRS990/TotalAssetsGrp/EOYAmt01258307
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt0119297
IRS990/TotalEmployeeCnt07
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt04678
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt019547
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0132714
IRS990/TotalFunctionalExpensesGrp/TotalAmt0156939
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt03673
IRS990/TotalLiabilitiesEOYAmt03537
IRS990/TotalLiabilitiesGrp/BOYAmt03673
IRS990/TotalLiabilitiesGrp/EOYAmt03537
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt01195330
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt01254770
IRS990/TotalProgramServiceExpensesAmt0132714
IRS990/TotalProgramServiceRevenueAmt03035
IRS990/TotalReportableCompFromOrgAmt035250
IRS990/TotalRevenueGrp/ExclusionAmt094047
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt03035
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0216379
IRS990/TotalVolunteersCnt060
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt01199003
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt01258307
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnrestrictedNetAssetsGrp/BOYAmt0906958

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.63$0.00$1.63$0.28$0.19$0.10
2023Detailed filing. Detailed filing data is available for this year.$1.53$0.00$1.53$0.30$0.18$0.12
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.41$0.00$1.41$0.01$0.18$0.16
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.58$0.00$1.57$0.32$0.16$0.16
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.42$0.00$1.42$0.26$0.16$0.10
2019Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.32$0.00$1.31$0.29$0.17$0.13
2018Detailed filing. Detailed filing data is available for this year.$1.19$0.00$1.19$0.10$0.16$0.07
2017Detailed filing. Detailed filing data is available for this year.$1.26$0.00$1.25$0.22$0.16$0.06
2016Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.20$0.00$1.20$0.16$0.15$0.01
2015Detailed filing. Detailed filing data is available for this year.$1.17$0.00$1.17$0.14$0.15$0.01
2014Summary only. Only limited summary data is available for this year.$1.20$0.00$1.20$0.14$0.16$0.01
2013Detailed filing. Detailed filing data is available for this year.$1.19$0.00$1.18$0.17$0.15$0.02
2012Summary only. Only limited summary data is available for this year.$1.14$0.00$1.14$0.18$0.15$0.03
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.08$0.00$1.08$0.16
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.08$0.00$1.08$0.14
Peer Organizations

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