Civic Intelligence

Waldoboro Public Library

990 • Fiscal year 2018 • EIN 01-0329748

Jan 01, 2018 to Dec 31, 2018 • Filed on Apr 29, 2019

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

19th percentile

0.00x

Higher debt load relative to assets than 19% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Liabilities / Revenue

29th percentile

0.03x

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

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Net Margin

4th percentile

-70%

Higher net margin than 4% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Top Officer Pay

41st percentile

$36,020

Higher top officer pay than 41% of similar nonprofits.

Top officer pay equals 37.4% of source-year revenue.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Asset Growth

23rd percentile

-5.4%

Faster asset growth than 23% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2017 to 2018

Revenue Growth

4th percentile

-55%

Faster revenue growth than 4% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2017 to 2018

Assets

Down

$1,190,313

Down $67,994 (-5.4%) from 2017

Net Assets

Down

$1,187,776

Down $66,994 (-5.3%) from 2017

Liabilities

Down

$2,537

Down $1,000 (-28%) from 2017

Revenue

Down

$96,353

Down $120,026 (-55%) from 2017

Expenses

Up

$163,347

Up $6,408 (+4.1%) from 2017

Net Income

Down

-$66,994

Down $126,434 (-213%) from 2017

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

2018

Assets$1,190,313
Liabilities$2,537
Net Assets$1,187,776

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

2018

Revenue$96,353
Expenses$163,347
Net Income-$66,994
Jump To
Filing Snapshot
Filing Period
Jan 1, 2018 to Dec 31, 2018
Signed
Apr 29, 2019
Return Version
2018v3.1
Gross Receipts
$99,781
Mission and Program Overview

Mission

Operation of public library

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$725,780$678,761▼ $47,019
Land, Buildings, and Equipment, Net$486,663$469,112▼ $17,551
Cash and Non-Interest-Bearing Accounts$24,915$22,262▼ $2,653
Savings and Temporary Cash Investments$20,949$20,178▼ $771
Total Assets$1,258,307$1,190,313▼ $67,994
Liabilities
Accounts Payable and Accrued Expenses$3,537$2,537▼ $1,000
Total Liabilities$3,537$2,537▼ $1,000
Net Assets / Fund Balance
Unrestricted Net Assets$966,398$899,404▼ $66,994
Permanently Rstr Net Assets$288,372$288,372→ $0
Total Net Assets Fund Balance$1,254,770$1,187,776▼ $66,994
Total Liabilities and Net Assets / Fund Balance$1,258,307$1,190,313▼ $67,994

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$394,476$174,675$569,151
Equipment$23,340$35,717$59,057
Land$51,296-$51,296

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2018$725,780-▼ $33,724$8,926$678,761
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Cathrina SkovExecutive DirectorPT$36,020$36,020

Board Members and Trustees

NameTitle
Peggy BlackmonPresident
Peggy JonesVice President
Jack WatermanTrustee
Jan VisserTrustee
Leroy JonesTrustee
Pamela StuartTrustee
Bruce MetrickSecretary
Bob ButlerTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$114,790
Program Service Revenue
$3,022
Investment Income
$-33,882
Other Revenue
$12,423
All Other Contributions
$39,790
Change in Net Assets
$-66,994
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$95,742
Other Expenses$67,605
Total Fundraising Expense$4,977
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$52,289$0$0$52,289
Current Officers, Directors, Trustees, and Key Employees$19,811$12,607$3,602$36,020
Depreciation Depletion$17,551$0$0$17,551
Occupancy$15,214$0$0$15,214
All Other Expenses$10,717$25$0$10,742
Payroll Taxes$5,584$964$275$6,823
Fees for Service Investment Mgmnt Fees$0$4,180$0$4,180
Insurance$2,909$0$0$2,909
Information Technology$2,197$0$0$2,197
Office Expenses$1,502$0$0$1,502
Other Expenses$715$0$0$715
Other Employee Benefits$610$0$0$610
Fees for Services Accounting$0$525$0$525
Total Functional Expenses$139,775$18,595$4,977$163,347
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$15,851
Fundraising Direct Expenses$3,428
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Brewfest$10,539$10,539$1,601$8,938
Total Events$15,851$15,851$3,428$12,423
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
2019-04-29
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Peggy Blackmon
Formed
1916
Legal Domicile
Me
Voting Board Members
8
Independent Board Members
8
Employees
6
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

The executive director and the treasurer review the 990 before filing.

Form 990, Part IX, Line 24E

Housekeeper 950. 950. 0. 0.

Form 990, Part IX, Line 24E

Programs 6808. 6808. 0. 0.

Form 990, Part IX, Line 24E

Outreach 1930. 1930. 0. 0.

Form 990, Part IX, Line 24E

Bank service charges 25. 0. 25. 0.

Form 990, Part IX, Line 24E

Copier lease 772. 772. 0. 0.

Form 990, Part IX, Line 24E

POSTAGE 257. 257. 0. 0.

Raw XML AppendixShowing 400 of 453 raw XML fields

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/ExclusionAmt00
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt03022
IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0119297
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt081298
IRS990/PYOtherExpensesAmt063928
IRS990/PYOtherRevenueAmt012749
IRS990/PYProgramServiceRevenueAmt03035
IRS990/PYRevenuesLessExpensesAmt059440
IRS990/PYSalariesCompEmpBnftPaidAmt093011
IRS990/PYTotalExpensesAmt0156939
IRS990/PYTotalRevenueAmt0216379
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt0-66994
IRS990/RegularMonitoringEnfrcInd0false
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt03022
IRS990/SavingsAndTempCashInvstGrp/BOYAmt020949
IRS990/SavingsAndTempCashInvstGrp/EOYAmt020178
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0127212
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0131812
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0128457
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0117216
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0120017
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0624714
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt012193
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt023853
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt016673
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt016076
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt016096
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt084891
IRS990ScheduleA/InvestmentIncomeCYPct00
IRS990ScheduleA/OtherSupportSumAmt00
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.88040
IRS990ScheduleA/PublicSupportCY509Pct00
IRS990ScheduleA/PublicSupportPY170Pct00.87600
IRS990ScheduleA/PublicSupportTotal170Amt0624714
IRS990ScheduleA/PublicSupportTotal509Amt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0127212
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0131812
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0128457
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0117216
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0120017
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0624714
IRS990ScheduleA/TotalSupportAmt0709605
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/BuildingsGrp/BookValueAmt0394476
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0174675
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt0569151
IRS990ScheduleD/CYEndwmtFundGrp/AdministrativeExpensesAmt04369
IRS990ScheduleD/CYEndwmtFundGrp/BeginningYearBalanceAmt0725780
IRS990ScheduleD/CYEndwmtFundGrp/EndYearBalanceAmt0678761
IRS990ScheduleD/CYEndwmtFundGrp/InvestmentEarningsOrLossesAmt0-33724
IRS990ScheduleD/CYEndwmtFundGrp/OtherExpendituresAmt08926
IRS990ScheduleD/EquipmentGrp/BookValueAmt023340
IRS990ScheduleD/EquipmentGrp/DepreciationAmt035717
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt059057
IRS990ScheduleD/LandGrp/BookValueAmt051296
IRS990ScheduleD/LandGrp/InvestmentCostOrOtherBasisAmt00
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt051296
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0469112
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt03428
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0BREWFEST
IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageEvent1Amt0450
IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageOtherEventsAmt0725
IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageTotalEventsAmt01175
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt010539
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsOtherEventsAmt05312
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt015851
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt010539
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueOtherEventsAmt05312
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt015851
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt012423
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssOtherEventsAmt0652
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt02253
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt01601
IRS990ScheduleG/FundraisingEventInformationGrp/OtherEventsTotalCnt03
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0false
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE EXECUTIVE DIRECTOR AND THE TREASURER REVIEW THE 990 BEFORE FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1HOUSEKEEPER 950. 950. 0. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2PROGRAMS 6808. 6808. 0. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3OUTREACH 1930. 1930. 0. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4BANK SERVICE CHARGES 25. 0. 25. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5COPIER LEASE 772. 772. 0. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6POSTAGE 257. 257. 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
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0true
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt01258307
IRS990/TotalAssetsEOYAmt01190313
IRS990/TotalAssetsGrp/BOYAmt01258307
IRS990/TotalAssetsGrp/EOYAmt01190313
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt0114790
IRS990/TotalEmployeeCnt06
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt04977
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt018595
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0139775
IRS990/TotalFunctionalExpensesGrp/TotalAmt0163347
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt03537
IRS990/TotalLiabilitiesEOYAmt02537
IRS990/TotalLiabilitiesGrp/BOYAmt03537
IRS990/TotalLiabilitiesGrp/EOYAmt02537
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt01254770
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt01187776
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0139775
IRS990/TotalProgramServiceRevenueAmt03022
IRS990/TotalReportableCompFromOrgAmt036020
IRS990/TotalRevenueGrp/ExclusionAmt0-21459
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt03022
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt096353

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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
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$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