Civic Intelligence

Monson Free Library and Reading Room Association

990 • Fiscal year 2024 • EIN 04-2105892

Jul 01, 2023 to Jun 30, 2024 • Filed on Nov 12, 2024

Organization ProfileWWW.MONSONLIBRARY.COM
2 High StMonson, MA 01057-0350

(413) 267-3866

Siviq Scores

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

Liabilities / Assets

64th percentile

0.16x

Higher debt load relative to assets than 64% of similar nonprofits.

2024 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2024

Liabilities / Revenue

87th percentile

0.88x

Higher debt load relative to revenue than 87% of similar nonprofits.

2024 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2024

Net Margin

8th percentile

-39%

Higher net margin than 8% of similar nonprofits.

2024 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2024

Top Officer Pay

40th percentile

$0

Higher top officer pay than 40% of similar nonprofits.

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

2024 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2024

Asset Growth

32nd percentile

-1.6%

Faster asset growth than 32% of similar nonprofits.

2024 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Revenue Growth

25th percentile

-7.4%

Faster revenue growth than 25% of similar nonprofits.

2024 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets64th percentile

Assets

Down

$2,221,385

Down $36,217 (-1.6%) from 2023

Net Assets

Down

$1,873,593

Down $53,488 (-2.8%) from 2023

Liabilities

Up

$347,792

Up $17,271 (+5.2%) from 2023

Revenue And Expenses
Liabilities / Revenue87th percentileNet Margin8th percentile

Revenue

Down

$395,771

Down $31,685 (-7.4%) from 2023

Expenses

Up

$551,915

Up $88,568 (+19%) from 2023

Net Income

Down

-$156,144

Down $120,253 (-335%) from 2023

Historical Trend

Balance Sheet Trend

Asset Growth32nd percentile

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

$3.0M$2.0M$1.0M$0Assets 2011: $1,923,367Liabilities 2011: $94,414Net Assets 2011: $1,828,9532011Assets 2012: $0Liabilities 2012: $02012Assets 2013: $1,929,365Liabilities 2013: $84,148Net Assets 2013: $1,845,2172013Assets 2014: $1,985,426Liabilities 2014: $79,056Net Assets 2014: $1,906,3702014Assets 2015: $1,966,531Liabilities 2015: $94,843Net Assets 2015: $1,871,6882015Assets 2016: $1,900,208Liabilities 2016: $71,829Net Assets 2016: $1,828,3792016Assets 2017: $2,017,156Liabilities 2017: $109,727Net Assets 2017: $1,907,4292017Assets 2018: $1,968,172Liabilities 2018: $128,643Net Assets 2018: $1,839,5292018Assets 2019: $1,933,925Liabilities 2019: $124,701Net Assets 2019: $1,809,2242019Assets 2020: $1,956,038Liabilities 2020: $121,842Net Assets 2020: $1,834,1962020Assets 2021: $2,116,006Liabilities 2021: $119,054Net Assets 2021: $1,996,9522021Assets 2022: $2,023,331Liabilities 2022: $118,607Net Assets 2022: $1,904,7242022Assets 2023: $2,257,602Liabilities 2023: $330,521Net Assets 2023: $1,927,0812023Assets 2024: $2,221,385Liabilities 2024: $347,792Net Assets 2024: $1,873,5932024Assets 2025: $2,216,957Liabilities 2025: $345,595Net Assets 2025: $1,871,3622025

Highlighted filing

2024

Assets$2,221,385
Liabilities$347,792
Net Assets$1,873,593
Open 2024 Filing

Operations Trend

Revenue Growth25th percentile

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

$600K$400K$200K$0-$200KRevenue 2011: $344,470Expenses 2011: $331,874Net Income 2011: $12,5962011Revenue 2012: $0Expenses 2012: $0Net Income 2012: $02012Revenue 2013: $343,157Expenses 2013: $328,150Net Income 2013: $15,0072013Revenue 2014: $350,898Expenses 2014: $348,890Net Income 2014: $2,0082014Revenue 2015: $385,315Expenses 2015: $357,169Net Income 2015: $28,1462015Revenue 2016: $342,512Expenses 2016: $378,099Net Income 2016: -$35,5872016Revenue 2017: $477,626Expenses 2017: $418,710Net Income 2017: $58,9162017Revenue 2018: $369,474Expenses 2018: $430,766Net Income 2018: -$61,2922018Revenue 2019: $404,964Expenses 2019: $451,554Net Income 2019: -$46,5902019Revenue 2020: $456,381Expenses 2020: $424,477Net Income 2020: $31,9042020Revenue 2021: $392,967Expenses 2021: $377,508Net Income 2021: $15,4592021Revenue 2022: $411,573Expenses 2022: $385,038Net Income 2022: $26,5352022Revenue 2023: $427,456Expenses 2023: $463,347Net Income 2023: -$35,8912023Revenue 2024: $395,771Expenses 2024: $551,915Net Income 2024: -$156,1442024Revenue 2025: $449,224Expenses 2025: $530,495Net Income 2025: -$81,2712025

Highlighted filing

2024

Revenue$395,771
Expenses$551,915
Net Income-$156,144
Open 2024 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2023 to Jun 30, 2024
Signed
Nov 12, 2024
Return Version
2023v5.0
Gross Receipts
$446,088
Mission and Program Overview

Mission

The monson free library is dedicated to serving the residents of monson as a continually evolving and vital community resource center for all ages focusing on community priorities, culture and education through diverse collections, services, technology and programming.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$1,057,225$1,175,328▲ $118,103
Investments Other Securities$473,593$712,702▲ $239,109
Cash and Non-Interest-Bearing Accounts$508,287$229,557▼ $278,730
Accounts Receivable$26,304$53,156▲ $26,852
Savings and Temporary Cash Investments$191,574$50,024▼ $141,550
Prepaid Expenses and Deferred Charges$619$618▼ $1
Total Assets$2,257,602$2,221,385▼ $36,217
Liabilities
Mortgage Notes Payable Secured by Investment Property$295,000$290,778▼ $4,222
Accounts Payable and Accrued Expenses$35,521$57,014▲ $21,493
Total Liabilities$330,521$347,792▲ $17,271
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$1,754,042$1,687,751▼ $66,291
Net Assets With Donor Restrictions$173,039$185,842▲ $12,803
Total Net Assets Fund Balance$1,927,081$1,873,593▼ $53,488
Total Liabilities and Net Assets / Fund Balance$2,257,602$2,221,385▼ $36,217

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$967,200$1,271,477$2,238,677
Equipment$25,358$183,561$208,919
Land$182,770-$182,770
Other Securities$712,702--
Compensation and Service Providers
Top Officer Pay40th percentile

Board Members and Trustees

NameTitle
DONNA ALBERICI O'CONNORPresident
Tian ConnaughtonDirector
Geraldine DepaceSecretary
Susan MedeirosTreasurer
Mike TassinariVice Preside
Revenue and Support

Revenue Composition

Contributions and Grants
$389,270
Program Service Revenue
$0
Investment Income
$5,378
Other Revenue
$1,123
All Other Contributions
$47,088
Change in Net Assets
$-156,144

Audited Revenue Reconciliation

Revenue per Audited Statements
$391,124
Revenue Not Reported on Financial Statements
$4,647
Revenue Not Reported on Form 990
$106,704
Total Revenue per Audited Statements
$497,828
Total Revenue per Form 990
$395,771
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$551,915
Total Fundraising Expense$19,490
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Depreciation Depletion$65,730--$65,730
Occupancy$23,031--$23,031
Interest-$17,886-$17,886
Office Expenses$11,170$3,032-$14,202
Information Technology$6,799$4,533-$11,332
Fees for Services Accounting$7,411$1,954$585$9,950
Insurance$9,015$821-$9,836
Fees for Service Investment Mgmnt Fees-$4,647-$4,647
Conferences and Meetings$1,300--$1,300
Other Expenses$672$18,797$5,625$672
All Other Expenses-$274-$274
Fees for Services Other$107$63$8$178
Advertising--$60$60
Total Functional Expenses$436,262$96,163$19,490$551,915

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$551,915
Total Expenses per Audited Statements$551,315
Expenses per Audited Statements$547,268
Expenses Not Reported on Financial Statements$4,647
Expenses Not Reported on Form 990$4,047
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
Insider Transactions and Loans

Interested-Person Transactions

Interested PartyRelationshipDescriptionShared RevenueAmount
Michael TassinariBoard MemberWindow RepairNo$100,113
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
Yes
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, Page 6, Part VI, Line 11B

“Form 990 is prepared by the independent auditing firm. The completed form is reviewed with the head librarian who presents it to the board.”

Form 990, Page 6, Part VI, Line 12C

“All potential conflicts are addressed by the board of directors and the board of directors periodically reviews the conflict of interest policy.”

Form 990, Page 6, Part VI, Line 19

“The library makes its governing documents, conflict of interest policy and financial statements available upon request. Also, the governing documents and financial statements are a public record at both the federal and state level.”

Filing and Contact Details

Filer

Filer Name
Monson Free Library and Reading
EIN
04-2105892
Phone
4132673866
Address
2 HIGH ST, MONSON, MA 01057-0350

Signing Officer

Name
DONNA ALBERICI O'CONNOR
Title
President
Phone
4132673866
Signed
2024-11-12
Discuss with paid preparer
Yes

Organization Details

Principal Officer
DONNA ALBERICI O'CONNOR
Formed
1877
Legal Domicile
Ma
Voting Board Members
5
Independent Board Members
5
Employees
0
Volunteers
19

Preparer

Firm
Burkhart Pizzanelli Pc
Address
201 PARK AVE SUITE 2, WEST SPRINGFIELD, MA 01089-1597
Preparer
Julie Quink
Phone
4137349040
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

“The monson free library is dedicated to serving the residents of monson as a continually evolving and vital community resource center for all ages focusing on community priorities, culture and education through diverse collections, services, technology and programming.”

Form 990, Part XI, Line 9

“ROUNDING -1”

Financial Statement Notes

Schedule D, Page 3, Part X

“The library is a not-for-profit corporation organized under massachusetts general laws, chapter 180. The library is classified as a 501(c)(3) organization under the internal revenue code. As such, the library is exempt from federal and state corporate income taxes and various federal and state excise and sales taxes. The library would recognize interest and penalties associated with any uncertain tax positions as interest and other expense, respectively, if applicable. As of june 30, 2024, the library has not recorded any amounts related to unrecognized income tax benefits or accrued interest and penalties. The library's informational returns are subject to examination by taxing authorities for all years ending on or after june 30, 2021.”

Schedule D, Page 4, Part XI, Line 2D

“Loss on disposal of fixed assets 4,047”

Schedule D, Page 4, Part XII, Line 2D

“Loss on disposal of fixed assets 4,047”

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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/PrepaidExpensesDefrdChargesGrp/BOYAmt0619
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt0618
IRS990/PrincipalOfficerNm0DONNA ALBERICI O'CONNOR
IRS990/ProfessionalFundraisingInd0false
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0386436
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt039258
IRS990/PYOtherExpensesAmt0463347
IRS990/PYOtherRevenueAmt01762
IRS990/PYRevenuesLessExpensesAmt0-35891
IRS990/PYTotalExpensesAmt0463347
IRS990/PYTotalRevenueAmt0427456
IRS990/ReconcilationRevenueExpnssAmt0-156144
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0true
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0191574
IRS990/SavingsAndTempCashInvstGrp/EOYAmt050024
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0OTHER INCOME 8,136
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0PART II, LINE 10
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0389270
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0386436
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0367545
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0375175
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0447103
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt01965529
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt018075
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt012360
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt011303
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt08213
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt012094
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt062045
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearAmt01123
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus1YearAmt01762
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus2YearsAmt01894
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus3YearsAmt0943
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus4YearsAmt03537
IRS990ScheduleA/OtherIncome170Grp/TotalAmt09259
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.96500
IRS990ScheduleA/PublicSupportPY170Pct00.96510
IRS990ScheduleA/PublicSupportTotal170Amt01965529
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0389270
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0386436
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0367545
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0375175
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0447103
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt01965529
IRS990ScheduleA/TotalSupportAmt02036833
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/BookValueAmt0967200
IRS990ScheduleD/BuildingsGrp/DepreciationAmt01271477
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt02238677
IRS990ScheduleD/EquipmentGrp/BookValueAmt025358
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0183561
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0208919
IRS990ScheduleD/ExpensesNotReportedAmt04047
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt04647
IRS990ScheduleD/ExpensesSubtotalAmt0547268
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/InvestmentExpensesNotIncld2Amt04647
IRS990ScheduleD/InvestmentExpensesNotIncldAmt04647
IRS990ScheduleD/LandGrp/BookValueAmt0182770
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0182770
IRS990ScheduleD/NetUnrealizedGainsInvstAmt0102657
IRS990ScheduleD/OtherExpensesIncludedAmt04047
IRS990ScheduleD/OtherRevenueAmt04047
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt0712702
IRS990ScheduleD/OtherSecuritiesGrp/Desc0ST. GERMAIN - INVESTMENTS
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd0F
IRS990ScheduleD/RevenueNotReportedAmt0106704
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt04647
IRS990ScheduleD/RevenueSubtotalAmt0391124
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE LIBRARY IS A NOT-FOR-PROFIT CORPORATION ORGANIZED UNDER MASSACHUSETTS GENERAL LAWS, CHAPTER 180. THE LIBRARY IS CLASSIFIED AS A 501(C)(3) ORGANIZATION UNDER THE INTERNAL REVENUE CODE. AS SUCH, THE LIBRARY IS EXEMPT FROM FEDERAL AND STATE CORPORATE INCOME TAXES AND VARIOUS FEDERAL AND STATE EXCISE AND SALES TAXES. THE LIBRARY WOULD RECOGNIZE INTEREST AND PENALTIES ASSOCIATED WITH ANY UNCERTAIN TAX POSITIONS AS INTEREST AND OTHER EXPENSE, RESPECTIVELY, IF APPLICABLE. AS OF JUNE 30, 2024, THE LIBRARY HAS NOT RECORDED ANY AMOUNTS RELATED TO UNRECOGNIZED INCOME TAX BENEFITS OR ACCRUED INTEREST AND PENALTIES. THE LIBRARY'S INFORMATIONAL RETURNS ARE SUBJECT TO EXAMINATION BY TAXING AUTHORITIES FOR ALL YEARS ENDING ON OR AFTER JUNE 30, 2021.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1LOSS ON DISPOSAL OF FIXED ASSETS 4,047
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt2LOSS ON DISPOSAL OF FIXED ASSETS 4,047
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE D, PAGE 3, PART X
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1SCHEDULE D, PAGE 4, PART XI, LINE 2D
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc2SCHEDULE D, PAGE 4, PART XII, LINE 2D
IRS990ScheduleD/TotalBookValueLandBuildingsAmt01175328
IRS990ScheduleD/TotalBookValueSecuritiesAmt0712702
IRS990ScheduleD/TotalExpensesPerForm990Amt0551915
IRS990ScheduleD/TotalRevenuePerForm990Amt0395771
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0497828
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0551315
IRS990/ScheduleJRequiredInd0false
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/NameOfInterested/PersonNm0MICHAEL TASSINARI
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/RelationshipDescriptionTxt0BOARD MEMBER
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/SharingOfRevenuesInd0false
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionAmt0100113
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionDesc0WINDOW REPAIR
IRS990ScheduleL/SupplementalInformationDetail/ExplanationTxt0THE LIBRARY CONTRACTED WITH A BOARD MEMBER'S COMPANY DURING THE YEAR ENDED JUNE 30, 2024 FOR WINDOW REPAIR MATERIAL IN THE AMOUNT OF 100,113.
IRS990ScheduleL/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE L, PART V
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE MONSON FREE LIBRARY IS DEDICATED TO SERVING THE RESIDENTS OF MONSON AS A CONTINUALLY EVOLVING AND VITAL COMMUNITY RESOURCE CENTER FOR ALL AGES FOCUSING ON COMMUNITY PRIORITIES, CULTURE AND EDUCATION THROUGH DIVERSE COLLECTIONS, SERVICES, TECHNOLOGY AND PROGRAMMING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1FORM 990 IS PREPARED BY THE INDEPENDENT AUDITING FIRM. THE COMPLETED FORM IS REVIEWED WITH THE HEAD LIBRARIAN WHO PRESENTS IT TO THE BOARD.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2ALL POTENTIAL CONFLICTS ARE ADDRESSED BY THE BOARD OF DIRECTORS AND THE BOARD OF DIRECTORS PERIODICALLY REVIEWS THE CONFLICT OF INTEREST POLICY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE LIBRARY MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE UPON REQUEST. ALSO, THE GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS ARE A PUBLIC RECORD AT BOTH THE FEDERAL AND STATE LEVEL.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4ROUNDING -1
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990 - ORGANIZATION'S MISSION
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART XI, LINE 9
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0MA
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt02257602
IRS990/TotalAssetsEOYAmt02221385
IRS990/TotalAssetsGrp/BOYAmt02257602
IRS990/TotalAssetsGrp/EOYAmt02221385
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt0389270
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt019490
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt096163
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0436262
IRS990/TotalFunctionalExpensesGrp/TotalAmt0551915
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0330521
IRS990/TotalLiabilitiesEOYAmt0347792
IRS990/TotalLiabilitiesGrp/BOYAmt0330521
IRS990/TotalLiabilitiesGrp/EOYAmt0347792
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt01927081
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt01873593
IRS990/TotalProgramServiceExpensesAmt0436262
IRS990/TotalRevenueGrp/ExclusionAmt019198
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0-12697
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0395771
IRS990/TotalVolunteersCnt019
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt02257602
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt02221385
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt02 HIGH STREET
IRS990/USAddress/CityNm0MONSON
IRS990/USAddress/StateAbbreviationCd0MA
IRS990/USAddress/ZIPCd001057
IRS990/VotingMembersGoverningBodyCnt05
IRS990/VotingMembersIndependentCnt05
IRS990/WebsiteAddressTxt0WWW.MONSONLIBRARY.COM
IRS990/WhistleblowerPolicyInd0true
ReturnHeader/BuildTS02024-10-15 13:58:12Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0DONNA ALBERICI O'CONNOR
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum04132673866
ReturnHeader/BusinessOfficerGrp/SignatureDt02024-11-12
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0MONSON FREE LIBRARY AND READING
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0ROOM ASSOCIATION
ReturnHeader/Filer/BusinessNameControlTxt0MONS
ReturnHeader/Filer/EIN0042105892
ReturnHeader/Filer/PhoneNum04132673866
ReturnHeader/Filer/USAddress/AddressLine1Txt02 HIGH ST

Document Assets

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Filings

Displayed year

2024 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$2,221,385
Liabilities
$347,792
Net assets
$1,873,593
Revenue
$395,771
Expenses
$551,915
Net income
-$156,144
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.22$0.35$1.87$0.45$0.53$0.08
2024Detailed filing. Detailed filing data is available for this year.$2.22$0.35$1.87$0.40$0.55$0.16
2023Detailed filing. Detailed filing data is available for this year.$2.26$0.33$1.93$0.43$0.46$0.04
2022Detailed filing. Detailed filing data is available for this year.$2.02$0.12$1.90$0.41$0.39$0.03
2021Detailed filing. Detailed filing data is available for this year.$2.12$0.12$2.00$0.39$0.38$0.02
2020Detailed filing. Detailed filing data is available for this year.$1.96$0.12$1.83$0.46$0.42$0.03
2019Detailed filing. Detailed filing data is available for this year.$1.93$0.12$1.81$0.40$0.45$0.05
2018Summary only. Only limited summary data is available for this year.$1.97$0.13$1.84$0.37$0.43$0.06
2017Summary only. Only limited summary data is available for this year.$2.02$0.11$1.91$0.48$0.42$0.06
2016Summary only. Only limited summary data is available for this year.$1.90$0.07$1.83$0.34$0.38$0.04
2015Summary only. Only limited summary data is available for this year.$1.97$0.09$1.87$0.39$0.36$0.03
2014Summary only. Only limited summary data is available for this year.$1.99$0.08$1.91$0.35$0.35$0.00
2013Summary only. Only limited summary data is available for this year.$1.93$0.08$1.85$0.34$0.33$0.02
2012Summary only. Only limited summary data is available for this year.$0.00$0.00$0.00$0.00$0.00
2011Summary only. Only limited summary data is available for this year.$1.92$0.09$1.83$0.34$0.33$0.01
Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 2024 filings • 501(c)3 • $1M-$5M nonprofits