Civic Intelligence

North Haven Library Inc

990 • Fiscal year 2022 • EIN 01-6016566

Aug 01, 2021 to Jul 31, 2022 • Filed on Jun 14, 2023

PO Box 486North Haven, ME 04853-0486

(207) 867-9797

Siviq Scores

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

Liabilities / Assets

35th percentile

0.00x

Higher debt load relative to assets than 35% of similar nonprofits.

2022 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2022

Liabilities / Revenue

40th percentile

0.01x

Higher debt load relative to revenue than 40% of similar nonprofits.

2022 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2022

Net Margin

94th percentile

66%

Higher net margin than 94% of similar nonprofits.

2022 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2022

Top Officer Pay

53rd percentile

$0

Higher top officer pay than 53% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2022 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2022

Asset Growth

65th percentile

10%

Faster asset growth than 65% of similar nonprofits.

2022 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2021 to 2022

Revenue Growth

80th percentile

55%

Faster revenue growth than 80% of similar nonprofits.

2022 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2021 to 2022

Assets

Up

$567,729

Up $53,837 (+10%) from 2021

Net Assets

Up

$566,784

Up $52,961 (+10%) from 2021

Liabilities

Up

$945

Up $876 (+1270%) from 2021

Revenue

Up

$139,167

Up $49,475 (+55%) from 2021

Expenses

Up

$47,458

Up $379 (+0.8%) from 2021

Net Income

Up

$91,709

Up $49,096 (+115%) from 2021

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: $225,786Liabilities 2010: $772010Assets 2011: $220,424Liabilities 2011: $772011Assets 2014: $282,636Liabilities 2014: $0Net Assets 2014: $282,6362014Assets 2015: $321,482Liabilities 2015: $0Net Assets 2015: $321,4822015Assets 2016: $325,580Liabilities 2016: $0Net Assets 2016: $325,5802016Assets 2017: $335,603Liabilities 2017: $220Net Assets 2017: $335,3832017Assets 2018: $371,105Liabilities 2018: $215Net Assets 2018: $370,8902018Assets 2019: $414,667Liabilities 2019: $52Net Assets 2019: $414,6152019Assets 2020: $419,619Liabilities 2020: $93Net Assets 2020: $419,5262020Assets 2021: $513,892Liabilities 2021: $69Net Assets 2021: $513,8232021Assets 2022: $567,729Liabilities 2022: $945Net Assets 2022: $566,7842022Assets 2023: $1,123,988Liabilities 2023: $966Net Assets 2023: $1,123,0222023Assets 2024: $1,371,865Liabilities 2024: $727Net Assets 2024: $1,371,1382024Assets 2025: $1,586,335Liabilities 2025: $749Net Assets 2025: $1,585,5862025

Highlighted filing

2022

Assets$567,729
Liabilities$945
Net Assets$566,784

Operations Trend

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

$800K$600K$400K$200K$0-$200KRevenue 2010: $44,066Expenses 2010: $55,071Net Income 2010: -$11,0052010Revenue 2011: $46,169Expenses 2011: $59,733Net Income 2011: -$13,5642011Revenue 2014: $70,988Expenses 2014: $45,526Net Income 2014: $25,4622014Revenue 2015: $85,295Expenses 2015: $60,541Net Income 2015: $24,7542015Revenue 2016: $73,575Expenses 2016: $64,623Net Income 2016: $8,9522016Revenue 2017: $46,871Expenses 2017: $44,247Net Income 2017: $2,6242017Revenue 2018: $74,180Expenses 2018: $51,821Net Income 2018: $22,3592018Revenue 2019: $89,663Expenses 2019: $44,143Net Income 2019: $45,5202019Revenue 2020: $54,871Expenses 2020: $49,489Net Income 2020: $5,3822020Revenue 2021: $89,692Expenses 2021: $47,079Net Income 2021: $42,6132021Revenue 2022: $139,167Expenses 2022: $47,458Net Income 2022: $91,7092022Revenue 2023: $610,243Expenses 2023: $62,484Net Income 2023: $547,7592023Revenue 2024: $252,354Expenses 2024: $57,755Net Income 2024: $194,5992024Revenue 2025: $257,286Expenses 2025: $58,899Net Income 2025: $198,3872025

Highlighted filing

2022

Revenue$139,167
Expenses$47,458
Net Income$91,709
Jump To
Filing Snapshot
Filing Period
Aug 1, 2021 to Jul 31, 2022
Signed
Jun 14, 2023
Return Version
2021v4.0
Gross Receipts
$188,797
Mission and Program Overview

Mission

OPERATION OF LIBRARY

Balance Sheet Detail
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds$513,823$566,784▲ $52,961
Investments in Publicly Traded Securities$289,904$251,157▼ $38,747
Savings and Temporary Cash Investments$80,380$169,454▲ $89,074
Land, Buildings, and Equipment, Net$109,976$106,343▼ $3,633
Cash and Non-Interest-Bearing Accounts$33,632$40,775▲ $7,143
Total Assets$513,892$567,729▲ $53,837
Liabilities
Accounts Payable and Accrued Expenses$69$945▲ $876
Total Liabilities$69$945▲ $876
Net Assets / Fund Balance
Total Net Assets Fund Balance$513,823$566,784▲ $52,961
Total Liabilities and Net Assets / Fund Balance$513,892$567,729▲ $53,837

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$98,943$91,582$190,525
Other Land Buildings-$28,200$28,200
Land$7,400-$7,400
Equipment-$6,163$6,163

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2021-$69,527▲ $3,442-$72,969
Compensation and Service Providers

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$119,722
Program Service Revenue
$0
Investment Income
$19,445
Other Revenue
$0
All Other Contributions
$108,222
Change in Net Assets
$91,709

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
No
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Securities Publicly Traded1$49,630Broker Statements
Total Noncash Contributions1$49,630-
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$23,816
Other Expenses$23,642
Total Fundraising Expense$1,629
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$22,080--$22,080
Occupancy$8,476-$50$8,526
Depreciation Depletion$3,633--$3,633
Insurance$2,831--$2,831
Fees for Services Accounting$1,030$1,030-$2,060
Payroll Taxes$1,736--$1,736
Office Expenses-$15$1,464$1,479
Information Technology$420$420-$840
Other Expenses$4,158-$115$115
Total Functional Expenses$44,364$1,465$1,629$47,458
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
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
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
No
Other officer compensation reviewed
No
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, Page 6, Part VI, Line 8A

The board was minimally active and no minutes were recorded for board meetings through the 2021-2022 fiscal year.

Form 990, Page 6, Part VI, Line 8B

The organization does not have any committees at this time.

Form 990, Page 6, Part VI, Line 11B

Form 990 is reviewed and approved by the organization's treasurer prior to filing. The treasurer provides copies to all board members as required.

Form 990, Page 6, Part VI, Line 19

Copies of the organization's forms 990 are available to the public upon request. Other governing and financial documents are not available.

Filing and Contact Details

Filer

Filer Name
North Haven Library
EIN
01-6016566
Phone
2078679797
Address
PO BOX 486, NORTH HAVEN, ME 04853-0486

Signing Officer

Name
Ed Hayes
Title
Treasurer
Phone
2078679797
Signed
2023-06-14
Discuss with paid preparer
Yes

Organization Details

Principal Officer
David Wilson
Legal Domicile
Me
Voting Board Members
11
Independent Board Members
11
Employees
1
Volunteers
11

Preparer

Firm
Williams CPA Group LLC
Address
PO BOX 839, ROCKPORT, ME 04856
Preparer
Lisa Davee
Phone
2072368781
Supplemental Narrative

Additional Explanations

Form 990, Page 2, Part III, Line 4D

Operation of the library for the benefit of north haven residents and visitors to the island.

Form 990, Part XI, Line 9

UNREALIZED LOSS 0

Financial Statement Notes

Schedule D, Page 2, Part V, Line 4

All restricted funds are donor-restricted to a fund for library renovations which are scheduled to take place during the 2023-2023 fiscal year.

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IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt05164
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt04388
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt029626
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt05747
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt09040
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt05287
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt05164
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt04388
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt029626
IRS990ScheduleA/InvestmentIncomeCYPct00.07000
IRS990ScheduleA/InvestmentIncomePYPct00.08000
IRS990ScheduleA/NetIncomeFromOtherUBIGrp/CurrentTaxYearMinus2YearsAmt04845
IRS990ScheduleA/NetIncomeFromOtherUBIGrp/CurrentTaxYearMinus3YearsAmt03241
IRS990ScheduleA/NetIncomeFromOtherUBIGrp/CurrentTaxYearMinus4YearsAmt07708
IRS990ScheduleA/NetIncomeFromOtherUBIGrp/TotalAmt015794
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.66200
IRS990ScheduleA/PublicSupportPY509Pct00.80770
IRS990ScheduleA/PublicSupportTotal509Amt0274346
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearAmt073322
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus1YearAmt08113
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus2YearsAmt02300
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus4YearsAmt010949
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt094684
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0119722
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt070652
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt042074
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt074498
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt062084
IRS990ScheduleA/Total509Grp/TotalAmt0369030
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0125469
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt079692
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt052206
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt082903
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt074180
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0414450
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/BookValueAmt098943
IRS990ScheduleD/BuildingsGrp/DepreciationAmt091582
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt0190525
IRS990ScheduleD/CYEndwmtFundGrp/ContributionsAmt069527
IRS990ScheduleD/CYEndwmtFundGrp/EndYearBalanceAmt072969
IRS990ScheduleD/CYEndwmtFundGrp/InvestmentEarningsOrLossesAmt03442
IRS990ScheduleD/EndowmentsHeldRelatedOrgInd0false
IRS990ScheduleD/EndowmentsHeldUnrelatedOrgInd0false
IRS990ScheduleD/EquipmentGrp/DepreciationAmt06163
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt06163
IRS990ScheduleD/LandGrp/BookValueAmt07400
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt07400
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt028200
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt028200
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0ALL RESTRICTED FUNDS ARE DONOR-RESTRICTED TO A FUND FOR LIBRARY RENOVATIONS WHICH ARE SCHEDULED TO TAKE PLACE DURING THE 2023-2023 FISCAL YEAR.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE D, PAGE 2, PART V, LINE 4
IRS990ScheduleD/TermEndowmentBalanceEOYPct01.00000
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0106343
IRS990/ScheduleJRequiredInd0false
IRS990ScheduleM/AnyPropertyThatMustBeHeldInd0false
IRS990ScheduleM/ReviewProcessUnusualNCGiftsInd0false
IRS990ScheduleM/SecuritiesPubliclyTradedGrp/ContributionCnt01
IRS990ScheduleM/SecuritiesPubliclyTradedGrp/MethodOfDeterminingRevenuesTxt0BROKER STATEMENTS
IRS990ScheduleM/SecuritiesPubliclyTradedGrp/NonCashCheckboxInd0X
IRS990ScheduleM/SecuritiesPubliclyTradedGrp/NoncashContributionsRptF990Amt049630
IRS990ScheduleM/ThirdPartiesUsedInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0OPERATION OF THE LIBRARY FOR THE BENEFIT OF NORTH HAVEN RESIDENTS AND VISITORS TO THE ISLAND.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE BOARD WAS MINIMALLY ACTIVE AND NO MINUTES WERE RECORDED FOR BOARD MEETINGS THROUGH THE 2021-2022 FISCAL YEAR.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE ORGANIZATION DOES NOT HAVE ANY COMMITTEES AT THIS TIME.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3FORM 990 IS REVIEWED AND APPROVED BY THE ORGANIZATION'S TREASURER PRIOR TO FILING. THE TREASURER PROVIDES COPIES TO ALL BOARD MEMBERS AS REQUIRED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4COPIES OF THE ORGANIZATION'S FORMS 990 ARE AVAILABLE TO THE PUBLIC UPON REQUEST. OTHER GOVERNING AND FINANCIAL DOCUMENTS ARE NOT AVAILABLE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5UNREALIZED LOSS 0
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 2, PART III, LINE 4D
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 8A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 8B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART XI, LINE 9
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IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0513892
IRS990/TotalAssetsEOYAmt0567729
IRS990/TotalAssetsGrp/BOYAmt0513892
IRS990/TotalAssetsGrp/EOYAmt0567729
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt0119722
IRS990/TotalEmployeeCnt01
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt01629
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt01465
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt044364
IRS990/TotalFunctionalExpensesGrp/TotalAmt047458
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt069
IRS990/TotalLiabilitiesEOYAmt0945
IRS990/TotalLiabilitiesGrp/BOYAmt069
IRS990/TotalLiabilitiesGrp/EOYAmt0945
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0513823
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0566784
IRS990/TotalProgramServiceExpensesAmt044364
IRS990/TotalRevenueGrp/ExclusionAmt019445
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0139167
IRS990/TotalVolunteersCnt011
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0513892
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0567729
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0PO BOX 419
IRS990/USAddress/CityNm0NORTH HAVEN
IRS990/USAddress/StateAbbreviationCd0ME
IRS990/USAddress/ZIPCd004843
IRS990/VotingMembersGoverningBodyCnt011
IRS990/VotingMembersIndependentCnt011
IRS990/WebsiteAddressTxt0HTTPS://NORTHHAVENLIBRARY.ORG/
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0ED HAYES

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.59$0.00$1.59$0.26$0.06$0.20
2024Detailed filing. Detailed filing data is available for this year.$1.37$0.00$1.37$0.25$0.06$0.19
2023Detailed filing. Detailed filing data is available for this year.$1.12$0.00$1.12$0.61$0.06$0.55
2022Detailed filing. Detailed filing data is available for this year.$0.57$0.00$0.57$0.14$0.05$0.09
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.51$0.00$0.51$0.09$0.05$0.04
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.42$0.00$0.42$0.05$0.05$0.01
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.41$0.00$0.41$0.09$0.04$0.05
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.37$0.00$0.37$0.07$0.05$0.02
2017Detailed filing. Detailed filing data is available for this year.$0.34$0.00$0.34$0.05$0.04$0.00
2016Detailed filing. Detailed filing data is available for this year.$0.33$0.00$0.33$0.07$0.06$0.01
2015XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.32$0.00$0.32$0.09$0.06$0.02
2014Detailed filing. Detailed filing data is available for this year.$0.28$0.00$0.28$0.07$0.05$0.03
2011Summary only. Only limited summary data is available for this year.$0.22$0.00$0.05$0.06$0.01
2010Summary only. Only limited summary data is available for this year.$0.23$0.00$0.04$0.06$0.01
Peer Organizations

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