Civic Intelligence

Pope Memorial Library Ladies Library Association

990 • Fiscal year 2015 • EIN 03-6005659

Jan 01, 2015 to Dec 31, 2015 • Filed on May 05, 2016

PO Box 260Danville, VT 05828

(802) 684-2256

Siviq Scores

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

Liabilities / Assets

48th percentile

0.04x

Higher debt load relative to assets than 48% of similar nonprofits.

2015 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2015

Liabilities / Revenue

75th percentile

0.23x

Higher debt load relative to revenue than 75% of similar nonprofits.

2015 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2015

Net Margin

78th percentile

21%

Higher net margin than 78% of similar nonprofits.

2015 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2015

Top Officer Pay

49th percentile

$0

Higher top officer pay than 49% of similar nonprofits.

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

2015 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2015

Asset Growth

50th percentile

1.0%

Faster asset growth than 50% of similar nonprofits.

2015 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2014 to 2015

Revenue Growth

22nd percentile

-12%

Faster revenue growth than 22% of similar nonprofits.

2015 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2014 to 2015

Assets

Up

$782,745

Up $7,981 (+1.0%) from 2014

Net Assets

Down

$754,181

Down $15,422 (-2.0%) from 2014

Liabilities

Up

$28,564

Up $23,403 (+453%) from 2014

Revenue

Down

$123,564

Down $17,516 (-12%) from 2014

Expenses

Up

$98,160

Up $14,205 (+17%) from 2014

Net Income

Down

$25,404

Down $31,721 (-56%) from 2014

Historical Trend

Balance Sheet Trend

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

$1.0M$500K$0Assets 2010: $326,409Liabilities 2010: $0Net Assets 2010: $326,4092010Assets 2011: $328,482Liabilities 2011: $1,217Net Assets 2011: $327,2652011Assets 2012: $623,130Liabilities 2012: $1,634Net Assets 2012: $621,4962012Assets 2013: $708,350Liabilities 2013: $2,457Net Assets 2013: $705,8932013Assets 2014: $774,764Liabilities 2014: $5,161Net Assets 2014: $769,6032014Assets 2015: $782,745Liabilities 2015: $28,564Net Assets 2015: $754,1812015Assets 2016: $805,142Liabilities 2016: $5,213Net Assets 2016: $799,9292016Assets 2017: $835,480Liabilities 2017: $3,925Net Assets 2017: $831,5552017Assets 2018: $817,471Liabilities 2018: $4,600Net Assets 2018: $812,8712018Assets 2021: $830,806Liabilities 2021: $2,904Net Assets 2021: $827,9022021Assets 2022: $786,838Liabilities 2022: $2,822Net Assets 2022: $784,0162022Assets 2023: $801,234Liabilities 2023: $1,608Net Assets 2023: $799,6262023Assets 2024: $790,659Liabilities 2024: $1,282Net Assets 2024: $789,3772024

Highlighted filing

2015

Assets$782,745
Liabilities$28,564
Net Assets$754,181

Operations Trend

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

$200K$150K$100K$50K$0-$50KRevenue 2010: $77,214Expenses 2010: $57,055Net Income 2010: $20,1592010Revenue 2011: $70,451Expenses 2011: $69,595Net Income 2011: $8562011Expenses 2012: $61,7052012Revenue 2013: $157,571Expenses 2013: $73,174Net Income 2013: $84,3972013Revenue 2014: $141,080Expenses 2014: $83,955Net Income 2014: $57,1252014Revenue 2015: $123,564Expenses 2015: $98,160Net Income 2015: $25,4042015Revenue 2016: $121,037Expenses 2016: $92,136Net Income 2016: $28,9012016Revenue 2017: $90,350Expenses 2017: $94,991Net Income 2017: -$4,6412017Revenue 2018: $87,470Expenses 2018: $93,279Net Income 2018: -$5,8092018Revenue 2021: $92,462Expenses 2021: $73,901Net Income 2021: $18,5612021Revenue 2022: $94,275Expenses 2022: $112,785Net Income 2022: -$18,5102022Revenue 2023: $114,659Expenses 2023: $116,563Net Income 2023: -$1,9042023Revenue 2024: $105,121Expenses 2024: $115,370Net Income 2024: -$10,2492024

Highlighted filing

2015

Revenue$123,564
Expenses$98,160
Net Income$25,404
Jump To
Filing Snapshot
Filing Period
Jan 1, 2015 to Dec 31, 2015
Signed
May 5, 2016
Return Version
2015v2.1
Gross Receipts
$126,949
Mission and Program Overview

Mission

To provide literary opportunities for danville and the surrounding community.

The purpose of the library is to provide literary opportunities for the local community.

Balance Sheet Detail
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds$769,603$754,181▼ $15,422
Land, Buildings, and Equipment, Net$353,004$338,383▼ $14,621
Investments in Publicly Traded Securities$259,479$257,350▼ $2,129
Savings and Temporary Cash Investments$120,593$120,716▲ $123
Cash and Non-Interest-Bearing Accounts$41,688$66,296▲ $24,608
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Total Assets$774,764$782,745▲ $7,981
Liabilities
Accounts Payable and Accrued Expenses$2,666$26,236▲ $23,570
Other Liabilities$2,495$2,328▼ $167
Total Liabilities$5,161$28,564▲ $23,403
Net Assets / Fund Balance
Total Net Assets Fund Balance$769,603$754,181▼ $15,422
Total Liabilities and Net Assets / Fund Balance$774,764$782,745▲ $7,981

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$271,017$95,658$366,675
Other Land Buildings$67,366$23,892$91,258
Compensation and Service Providers

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$94,638
Program Service Revenue
$25
Investment Income
$17,150
Other Revenue
$11,751
All Other Contributions
$64,939
Change in Net Assets
$25,404
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$59,740
Salaries, Compensation, and Employee Benefits$38,420
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$35,690--$35,690
Occupancy$25,627--$25,627
Depreciation Depletion$12,397--$12,397
Fees for Services Accounting-$4,460-$4,460
Payroll Taxes$2,730--$2,730
Office Expenses-$2,660-$2,660
Information Technology$1,033--$1,033
Insurance$402--$402
Conferences and Meetings$281--$281
Advertising$189--$189
Other Expenses$9,933$144-$144
All Other Expenses$12$45-$57
Total Functional Expenses$88,294$9,866$0$98,160
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$13,418
Fundraising Direct Expenses$3,385
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Payroll Liabilities Payable$2,328
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
No
Backup withholding compliance
Yes
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

Governance Explanations

Form 990, Part VI, Section B, Line 11

Review of the 990 may be made by the governing body of the organization but the review may not take place until after it is filed.

Form 990, Part VI, Section C, Line 19

Governing documents and financial statements are available to the public by making a request to the board president

Form 990, Part VII

Diane chadderdon - 595 walden hill road, danville, vt 05828. Susan tallman - 100 cedar lane, danville, vt 05828. Woody starkweather - po box 176, west danville, vt 05873. Nick flanders - 326 oneida rd, danville, vt 05828. Martin bertolini - po box 86, west danville, vt 05873. Mary ellen griffin - 1279 hawkins rd, danville, vt 05828. Judi mcalleney - 159 brook rd, danville, vt 05828. Erin mcmullen - 2194 oneida rd, danville, vt 05828.

Filing and Contact Details

Filer

Filer Name
Pope Memorial Library
EIN
03-6005659
Phone
8026842256
Address
PO BOX 260, DANVILLE, VT 05828
Doing Business As
Pope Memorial Library

Signing Officer

Name
Susan Tallman
Title
Board of Trustees President
Phone
8026842256
Signed
2016-05-05
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Susan Tallman
Formed
1963
Legal Domicile
Vt
Voting Board Members
9
Independent Board Members
9
Employees
3
Volunteers
6

Preparer

Firm
Mccormick & Company Pc
Address
1360 MAIN ST, ST JOHNSBURY, VT 05819-2285
Preparer
Robin C Gauthier
Phone
8027484914
Supplemental Narrative

Additional Explanations

Line 32 Retained Earnings, Endowment, Accumulated Income, or Other Funds

Fund balance has been adjusted to reflect capitalization of additional assets not previously included and accumulated depreciation on all assets not previously calculated as of 12-31-14. Net change to fund balance is a reduction of $31,616.

FORM 990, PART XI, LINE 9:

Capitalization of assets and depreciation adjustment - see note -31,614.

Raw XML AppendixShowing 400 of 403 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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IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt09150
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt010438
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt05078
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt03961
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt04723
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt033350
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.94650
IRS990ScheduleA/PublicSupportPY170Pct00.95300
IRS990ScheduleA/PublicSupportTotal170Amt0589954
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt064939
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt074534
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt073819
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0319446
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt057216
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0589954
IRS990ScheduleA/TotalSupportAmt0623304
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IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
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IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/BuildingsGrp/BookValueAmt0271017
IRS990ScheduleD/BuildingsGrp/DepreciationAmt095658
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt0366675
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt067366
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt023892
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt091258
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt02328
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0PAYROLL LIABILITIES PAYABLE
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0338383
IRS990ScheduleD/TotalLiabilityAmt02328
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0REVIEW OF THE 990 MAY BE MADE BY THE GOVERNING BODY OF THE ORGANIZATION BUT THE REVIEW MAY NOT TAKE PLACE UNTIL AFTER IT IS FILED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC BY MAKING A REQUEST TO THE BOARD PRESIDENT
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2DIANE CHADDERDON - 595 WALDEN HILL ROAD, DANVILLE, VT 05828. SUSAN TALLMAN - 100 CEDAR LANE, DANVILLE, VT 05828. WOODY STARKWEATHER - PO BOX 176, WEST DANVILLE, VT 05873. NICK FLANDERS - 326 ONEIDA RD, DANVILLE, VT 05828. MARTIN BERTOLINI - PO BOX 86, WEST DANVILLE, VT 05873. MARY ELLEN GRIFFIN - 1279 HAWKINS RD, DANVILLE, VT 05828. JUDI MCALLENEY - 159 BROOK RD, DANVILLE, VT 05828. ERIN MCMULLEN - 2194 ONEIDA RD, DANVILLE, VT 05828.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3FUND BALANCE HAS BEEN ADJUSTED TO REFLECT CAPITALIZATION OF ADDITIONAL ASSETS NOT PREVIOUSLY INCLUDED AND ACCUMULATED DEPRECIATION ON ALL ASSETS NOT PREVIOUSLY CALCULATED AS OF 12-31-14. NET CHANGE TO FUND BALANCE IS A REDUCTION OF $31,616.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4CAPITALIZATION OF ASSETS AND DEPRECIATION ADJUSTMENT - SEE NOTE -31,614.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VII
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3LINE 32 RETAINED EARNINGS, ENDOWMENT, ACCUMULATED INCOME, OR OTHER FUNDS
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART XI, LINE 9:
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IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToProxyTaxInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
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IRS990/TotalEmployeeCnt03
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
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IRS990/TotalLiabilitiesGrp/BOYAmt05161
IRS990/TotalLiabilitiesGrp/EOYAmt028564
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0769603
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0754181
IRS990/TotalOtherCompensationAmt00
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IRS990/TotalReportableCompFromOrgAmt00
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IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt01743
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IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
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IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0782745
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X
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IRS990/USAddress/CityNm0DANVILLE
IRS990/USAddress/StateAbbreviationCd0VT
IRS990/USAddress/ZIPCd005828
IRS990/VotingMembersGoverningBodyCnt09
IRS990/VotingMembersIndependentCnt09
IRS990/WebsiteAddressTxt0WWW.POPEMEMLIBRARY.ORG/
IRS990/WhistleblowerPolicyInd00
ReturnHeader/BuildTS02016-09-27 15:27:22Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0SUSAN TALLMAN
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0BOARD OF TRUSTEES PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum08026842256
ReturnHeader/BusinessOfficerGrp/SignatureDt02016-05-05
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0POPE MEMORIAL LIBRARY
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0LADIES LIBRARY ASSOCIATION
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ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0MCCORMICK & COMPANY PC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt01360 MAIN ST
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0ST JOHNSBURY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0VT
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0058192285
ReturnHeader/PreparerPersonGrp/PhoneNum08027484914
ReturnHeader/PreparerPersonGrp/PreparationDt02016-05-04
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0ROBIN C GAUTHIER
ReturnHeader/ReturnTs02016-05-11T10:17:13-05:00
ReturnHeader/ReturnTypeCd0990

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$7.91$0.01$7.89$1.05$1.15$0.10
2023Detailed filing. Detailed filing data is available for this year.$8.01$0.02$8.00$1.15$1.17$0.02
2022Detailed filing. Detailed filing data is available for this year.$7.87$0.03$7.84$0.94$1.13$0.19
2021Detailed filing. Detailed filing data is available for this year.$8.31$0.03$8.28$0.92$0.74$0.19
2018Summary only. Only limited summary data is available for this year.$8.17$0.05$8.13$0.87$0.93$0.06
2017Detailed filing. Detailed filing data is available for this year.$8.35$0.04$8.32$0.90$0.95$0.05
2016Detailed filing. Detailed filing data is available for this year.$8.05$0.05$8.00$1.21$0.92$0.29
2015Detailed filing. Detailed filing data is available for this year.$7.83$0.29$7.54$1.24$0.98$0.25
2014Detailed filing. Detailed filing data is available for this year.$7.75$0.05$7.70$1.41$0.84$0.57
2013Detailed filing. Detailed filing data is available for this year.$7.08$0.02$7.06$1.58$0.73$0.84
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$6.23$0.02$6.21$0.62
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.28$0.01$3.27$0.70$0.70$0.01
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.26$0.00$3.26$0.77$0.57$0.20