Wells River Library Association

990EZ • Fiscal year 2023 • EIN 03-0230904

Jan 01, 2023 to Dec 31, 2023 • Filed on May 13, 2024

Organization Profile BALDWINMEMORIALLIBRARY.WORDPRESS.COM

P O Box 337Wells River, VT 05081

(802) 757-2283

Siviq Scores

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

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

-1.0%

Higher net margin than 40% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Higher top officer pay than 78% of similar nonprofits.

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

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

-0.4%

Faster asset growth than 46% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Annualized from 2022 to 2023

-29%

Faster revenue growth than 19% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Annualized from 2022 to 2023

Balance Sheet

Liabilities / Assets58th percentile

Assets

Down

$115,478

Down $466 (-0.4%) from 2022

Net Assets

Down

$115,478

Down $466 (-0.4%) from 2022

Liabilities

Flat

Flat from 2022

Revenue And Expenses

Liabilities / Revenue59th percentile Net Margin40th percentile

Revenue

Down

$48,915

Down $19,717 (-29%) from 2022

Expenses

$49,381

Up $4,794 (+11%) from 2022

Net Income

Down

-$466

Down $24,511 (-102%) from 2022

Historical Trend

Balance Sheet Trend

Asset Growth46th percentile

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

Highlighted filing

2023

Assets$115,478

Liabilities$0

Net Assets$115,478

Open 2023 Filing

Operations Trend

Revenue Growth19th percentile

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

Highlighted filing

2023

Revenue$48,915

Expenses$49,381

Net Income-$466

Open 2023 Filing

Jump To

Filing Snapshot

Filing Period: Jan 1, 2023 to Dec 31, 2023
Signed: May 13, 2024
Return Version: 2023v5.0
Gross Receipts: $48,915

Mission and Program Overview

Mission

Public Library

Program Services

Description	Grants	Expenses
TO FURNISH LIBRARY SUPPORT TO THE LOCAL COMMUNITIES AND THE VILLAGE OF WELLS RIVER.	$0	$32,152
VT DEPT OF LIBRARIES-CHILDREN'S PROGRAM GRANT	$0	$0

Compensation and Service Providers

Top Officer Pay78th percentile

Employees

Name	Title	Full / Part Time	Base	Other	Total
KAREN KREIS	Chairman	-	$0	-	-
ANN MARIE FREDELLA	Secretary/Trustee	-	$0	-	-
CHRIS BUHNER	Vice Chairman	-	$0	-	-

Filing and Contact Details

Filer

Filer Name: Wells River Library Association
EIN: 03-0230904
Phone: 8027572283
Address: P O BOX 337, WELLS RIVER, VT 05081

Signing Officer

Name: Karen Kreis
Title: Chair
Phone: 8024616157
Signed: 2024-05-13

Preparer

Firm: James K Lang LLC
Address: 7 BOOMHOWER ROAD, WOODSVILLE, NH 03785
Preparer: James K Lang
Phone: 6037473613

Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 4 - Other Investment Income

“Description: wells river savings bank. Amount: 579. Description: stifel nicholaus & co. Amount: 1,369. Description: stifel nicholaus & co. Amount: 24. Total included on form 990-ez, line 4: 1,972.”

Form 990-ez, Part I, Line 16 - Other Expenses

“Description: books & subscriptions. Amount: 3,330. Description: programs. Amount: 115. Description: payroll taxes. Amount: 3,163. Description: miscellaneous. Amount: 244. Total to form 990-ez, line 16: 6,852.”

Form 990-ez, Part II, Line 24 - Other Assets

“Description: other investments. Beg. Of year amount: 63,808. End of year amount: 65,927.”

Raw XML Appendix162 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.

Path	#	Value
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IRS990EZ/BooksInCareOfDetail/PersonNm	0	KAREN KREIS
IRS990EZ/BooksInCareOfDetail/PhoneNum	0	8024616157
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt	0	PO BOX 242
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm	0	NEWBURY
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd	0	VT
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd	0	05051
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt	0	52136
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt	0	49551
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd	0	0
IRS990EZ/ContributionsGiftsGrantsEtcAmt	0	9332
IRS990EZ/DirectIndirectPltclExpendAmt	0	0
IRS990EZ/DonorAdvisedFndsInd	0	0
IRS990EZ/EngagedInExcessBenefitTransInd	0	0
IRS990EZ/ExcessOrDeficitForYearAmt	0	-466
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt	0	830
IRS990EZ/FiledScheduleAInd	0	1
IRS990EZ/ForeignFinancialAccountInd	0	0
IRS990EZ/ForeignOfficeInd	0	0
IRS990EZ/Form990TotalAssetsGrp/BOYAmt	0	115944
IRS990EZ/Form990TotalAssetsGrp/EOYAmt	0	115478
IRS990EZ/GrossReceiptsAmt	0	48915
IRS990EZ/GroupExemptionNum	0	0337
IRS990EZ/InfoInScheduleOPartIIIInd	0	X
IRS990EZ/InfoInScheduleOPartIIInd	0	X
IRS990EZ/InfoInScheduleOPartIInd	0	X
IRS990EZ/InfoInScheduleOPartVInd	0	X
IRS990EZ/InvestmentIncomeAmt	0	1972
IRS990EZ/LobbyingActivitiesInd	0	0
IRS990EZ/MadeLoansToFromOfficersInd	0	0
IRS990EZ/MethodOfAccountingCashInd	0	X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt	0	115944
IRS990EZ/NetAssetsOrFundBalancesEOYAmt	0	115478
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt	0	115944
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt	0	115478
IRS990EZ/OccupancyRentUtltsAndMaintAmt	0	12841
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt	0	1.50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt	1	1.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt	2	1.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt	0	0
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt	1	0
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt	2	0
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt	0	0
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt	1	0
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt	2	0
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt	0	0
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt	1	0
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt	2	0
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm	0	KAREN KREIS
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm	1	ANN MARIE FREDELLA
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm	2	CHRIS BUHNER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt	0	CHAIRMAN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt	1	SECRETARY/TRUSTEE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt	2	VICE CHAIRMAN
IRS990EZ/OperateHospitalInd	0	0
IRS990EZ/Organization501c3Ind	0	X
IRS990EZ/OrganizationDissolvedEtcInd	0	0
IRS990EZ/OrganizationHadUBIInd	0	0
IRS990EZ/OtherAssetsTotalDetail/BOYAmt	0	63808
IRS990EZ/OtherAssetsTotalDetail/EOYAmt	0	65927
IRS990EZ/OtherChangesInNetAssetsAmt	0	0
IRS990EZ/OtherExpensesTotalAmt	0	6852
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt	0	NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt	0	NONE
IRS990EZ/PoliticalCampaignActyInd	0	0
IRS990EZ/PrimaryExemptPurposeTxt	0	PUBLIC LIBRARY
IRS990EZ/PrintingPublicationsPostageAmt	0	3198
IRS990EZ/ProgramServiceRevenueAmt	0	37611
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt	0	TO FURNISH LIBRARY SUPPORT TO THE LOCAL COMMUNITIES AND THE VILLAGE OF WELLS RIVER.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt	1	VT DEPT OF LIBRARIES-CHILDREN'S PROGRAM GRANT
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt	0	0
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt	1	0
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt	0	32152
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt	1	0
IRS990EZ/ProhibitedTaxShelterTransInd	0	0
IRS990EZ/RelatedOrganizationCtrlEntInd	0	0
IRS990EZ/SalariesOtherCompEmplBnftAmt	0	25660
IRS990EZ/ScheduleBNotRequiredInd	0	X
IRS990EZ/SchoolOperatingInd	0	0
IRS990EZ/StatesWhereCopyOfReturnIsFldCd	0	VT
IRS990EZ/SubjectToProxyTaxInd	0	0
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt	0	0
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt	0	0
IRS990EZ/TanningServicesProvidedInd	0	0
IRS990EZ/TaxImposedOnOrganizationMgrAmt	0	0
IRS990EZ/TaxImposedUnderIRC4911Amt	0	0
IRS990EZ/TaxImposedUnderIRC4912Amt	0	0
IRS990EZ/TaxImposedUnderIRC4955Amt	0	0
IRS990EZ/TaxReimbursedByOrganizationAmt	0	0
IRS990EZ/TotalExpensesAmt	0	49381
IRS990EZ/TotalProgramServiceExpensesAmt	0	32152
IRS990EZ/TotalRevenueAmt	0	48915
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd	0	0
IRS990EZ/TypeOfOrganizationOtherDesc	0	PUBLIC LIBRARY
IRS990EZ/TypeOfOrganizationOtherInd	0	X
IRS990EZ/WebsiteAddressTxt	0	BALDWINMEMORIALLIBRARY.WORDPRESS.COM
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt	0	9332
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt	0	15780
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt	0	11538
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt	0	14690
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt	0	5970
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt	0	57310
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt	0	1972
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt	0	652
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt	0	514
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt	0	640
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt	0	1775
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt	0	5553
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt	0	199810
IRS990ScheduleA/PublicOrganization170Ind	0	X
IRS990ScheduleA/PublicSupportCY170Pct	0	0.91170
IRS990ScheduleA/PublicSupportPY170Pct	0	0.93050
IRS990ScheduleA/PublicSupportTotal170Amt	0	57310
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind	0	X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt	0	9332
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt	0	15780
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt	0	11538
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt	0	14690
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt	0	5970
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt	0	57310
IRS990ScheduleA/TotalSupportAmt	0	62863
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt	0	DESCRIPTION: WELLS RIVER SAVINGS BANK. AMOUNT: 579. DESCRIPTION: STIFEL NICHOLAUS & CO. AMOUNT: 1,369. DESCRIPTION: STIFEL NICHOLAUS & CO. AMOUNT: 24. TOTAL INCLUDED ON FORM 990-EZ, LINE 4: 1,972.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt	1	DESCRIPTION: BOOKS & SUBSCRIPTIONS. AMOUNT: 3,330. DESCRIPTION: PROGRAMS. AMOUNT: 115. DESCRIPTION: PAYROLL TAXES. AMOUNT: 3,163. DESCRIPTION: MISCELLANEOUS. AMOUNT: 244. TOTAL TO FORM 990-EZ, LINE 16: 6,852.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt	2	DESCRIPTION: OTHER INVESTMENTS. BEG. OF YEAR AMOUNT: 63,808. END OF YEAR AMOUNT: 65,927.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc	0	FORM 990-EZ, PART I, LINE 4 - OTHER INVESTMENT INCOME
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc	1	FORM 990-EZ, PART I, LINE 16 - OTHER EXPENSES
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc	2	FORM 990-EZ, PART II, LINE 24 - OTHER ASSETS
TransferPrsnlBnftContractsDecl/DeclarationDesc	0	THE ORGANIZATION DID NOT, DURING THE YEAR, RECEIVE ANY FUNDS, DIRECTLY,OR INDIRECTLY, TO PAY PREMIUMS ON A PERSONAL BENEFIT CONTRACT.THE ORGANIZATION, DID NOT, DURING THE YEAR, PAY ANY PREMIUMS, DIRECTLY,OR INDIRECTLY, ON A PERSONAL BENEFIT CONTRACT.
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd	0	AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd	0	IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd	0	2
ReturnHeader/BuildTS	0	2023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/PersonNm	0	KAREN KREIS
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt	0	CHAIR
ReturnHeader/BusinessOfficerGrp/PhoneNum	0	8024616157
ReturnHeader/BusinessOfficerGrp/SignatureDt	0	2024-05-13
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt	0	WELLS RIVER LIBRARY ASSOCIATION
ReturnHeader/Filer/BusinessNameControlTxt	0	WELL
ReturnHeader/Filer/EIN	0	030230904
ReturnHeader/Filer/PhoneNum	0	8027572283
ReturnHeader/Filer/USAddress/AddressLine1Txt	0	P O BOX 337
ReturnHeader/Filer/USAddress/CityNm	0	WELLS RIVER
ReturnHeader/Filer/USAddress/StateAbbreviationCd	0	VT
ReturnHeader/Filer/USAddress/ZIPCd	0	05081
ReturnHeader/IRSResponsiblePrtyInfoCurrInd	0	0
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN	0	464407172
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt	0	JAMES K LANG LLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt	0	7 BOOMHOWER ROAD
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm	0	WOODSVILLE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd	0	NH
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd	0	03785
ReturnHeader/PreparerPersonGrp/PhoneNum	0	6037473613
ReturnHeader/PreparerPersonGrp/PreparationDt	0	2024-05-13
ReturnHeader/PreparerPersonGrp/PreparerPersonNm	0	JAMES K LANG
ReturnHeader/PreparerPersonGrp/SelfEmployedInd	0	X
ReturnHeader/ReturnTs	0	2024-05-15T08:57:10-05:00
ReturnHeader/ReturnTypeCd	0	990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm	0	KAREN
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm	0	KREIS
ReturnHeader/TaxPeriodBeginDt	0	2023-01-01
ReturnHeader/TaxPeriodEndDt	0	2023-12-31
ReturnHeader/TaxYr	0	2023

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2023 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing

Assets: $115,478
Liabilities: $0
Net assets: $115,478
Revenue: $48,915
Expenses: $49,381
Net income: -$466

	Balance Sheet			Operations
Year	Assets	Liabilities	Net Assets	Revenue	Expenses	Net Income
2024Detailed filing. Detailed filing data is available for this year.	$1.33	$0.00	$1.33	$0.66	$0.48	$0.18
2023Detailed filing. Detailed filing data is available for this year.	$1.15	$0.00	$1.15	$0.49	$0.49	$0.00
2022Detailed filing. Detailed filing data is available for this year.	$1.16	$0.00	$1.16	$0.69	$0.45	$0.24
2021Detailed filing. Detailed filing data is available for this year.	$0.92	$0.00	$0.92	$0.41	$0.47	$0.06
2020Detailed filing. Detailed filing data is available for this year.	$0.98	$0.00	$0.98	$0.58	$0.41	$0.16
2019Summary only. Only limited summary data is available for this year.	$0.82	$0.00		$0.47	$0.44	$0.04
2018Summary only. Only limited summary data is available for this year.	$0.78	$0.00		$0.47	$0.43	$0.03
2017Summary only. Only limited summary data is available for this year.	$0.75	$0.00		$0.37	$0.42	$0.04
2016Summary only. Only limited summary data is available for this year.	$0.79	$0.00		$0.42	$0.41	$0.01
2015Summary only. Only limited summary data is available for this year.	$0.68	$0.00		$0.44	$0.46	$0.01
2014Summary only. Only limited summary data is available for this year.	$0.69	$0.00		$0.42	$0.40	$0.02
2013Summary only. Only limited summary data is available for this year.	$0.59	$0.00		$0.39	$0.37	$0.02
2012Summary only. Only limited summary data is available for this year.	$0.47	$0.00		$0.37	$0.35	$0.01
2011Summary only. Only limited summary data is available for this year.	$0.42	$0.00		$0.35	$0.35	$0.00