Civic Intelligence

Marion Library Association

990 • Fiscal year 2020 • EIN 04-2151737

Jul 01, 2019 to Jun 30, 2020 • Filed on Apr 14, 2021

8 Spring StreetMarion, MA 02738

(508) 748-1252

Siviq Scores

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

Liabilities / Assets

53rd percentile

0.06x

Higher debt load relative to assets than 53% of similar nonprofits.

2020 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2020

Liabilities / Revenue

63rd percentile

0.14x

Higher debt load relative to revenue than 63% of similar nonprofits.

2020 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2020

Net Margin

54th percentile

8.4%

Higher net margin than 54% of similar nonprofits.

2020 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2020

Top Officer Pay

73rd percentile

$63,000

Higher top officer pay than 73% of similar nonprofits.

Top officer pay equals 25.1% of source-year revenue.

2020 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2020

Asset Growth

59th percentile

11%

Faster asset growth than 59% of similar nonprofits.

2020 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2019 to 2020

Revenue Growth

43rd percentile

-5.7%

Faster revenue growth than 43% of similar nonprofits.

2020 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2019 to 2020

Assets

Up

$595,745

Up $60,545 (+11%) from 2019

Net Assets

Up

$561,451

Up $30,118 (+5.7%) from 2019

Liabilities

Up

$34,294

Up $30,427 (+787%) from 2019

Revenue

Down

$250,589

Down $15,122 (-5.7%) from 2019

Expenses

Down

$229,543

Down $24,780 (-9.7%) from 2019

Net Income

Up

$21,046

Up $9,658 (+85%) from 2019

Historical Trend

Balance Sheet Trend

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

$1.0M$500K$0Assets 2011: $447,410Liabilities 2011: $3,261Net Assets 2011: $444,1492011Assets 2012: $415,107Liabilities 2012: $3,272Net Assets 2012: $411,8352012Assets 2013: $410,707Liabilities 2013: $175Net Assets 2013: $410,5322013Assets 2014: $425,899Liabilities 2014: $8,065Net Assets 2014: $417,8342014Assets 2015: $438,952Liabilities 2015: $19,240Net Assets 2015: $419,7122015Assets 2016: $424,111Liabilities 2016: $5,618Net Assets 2016: $418,4932016Assets 2017: $441,545Liabilities 2017: $6,697Net Assets 2017: $434,8482017Assets 2018: $507,642Liabilities 2018: $6,343Net Assets 2018: $501,2992018Assets 2019: $535,200Liabilities 2019: $3,867Net Assets 2019: $531,3332019Assets 2020: $595,745Liabilities 2020: $34,294Net Assets 2020: $561,4512020Assets 2021: $780,139Liabilities 2021: $36,056Net Assets 2021: $744,0832021Assets 2022: $738,883Liabilities 2022: $9,784Net Assets 2022: $729,0992022Assets 2023: $826,532Liabilities 2023: $9,116Net Assets 2023: $817,4162023Assets 2024: $905,289Liabilities 2024: $4,037Net Assets 2024: $901,2522024

Highlighted filing

2020

Assets$595,745
Liabilities$34,294
Net Assets$561,451

Operations Trend

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

$400K$200K$0-$200KRevenue 2011: $193,863Expenses 2011: $208,381Net Income 2011: -$14,5182011Revenue 2012: $202,860Expenses 2012: $232,289Net Income 2012: -$29,4292012Revenue 2013: $198,453Expenses 2013: $221,755Net Income 2013: -$23,3022013Revenue 2014: $200,090Expenses 2014: $221,197Net Income 2014: -$21,1072014Revenue 2015: $207,743Expenses 2015: $216,795Net Income 2015: -$9,0522015Revenue 2016: $277,420Expenses 2016: $214,864Net Income 2016: $62,5562016Revenue 2017: $219,813Expenses 2017: $220,857Net Income 2017: -$1,0442017Revenue 2018: $269,642Expenses 2018: $221,138Net Income 2018: $48,5042018Revenue 2019: $265,711Expenses 2019: $254,323Net Income 2019: $11,3882019Revenue 2020: $250,589Expenses 2020: $229,543Net Income 2020: $21,0462020Revenue 2021: $319,020Expenses 2021: $245,815Net Income 2021: $73,2052021Revenue 2022: $348,248Expenses 2022: $291,430Net Income 2022: $56,8182022Revenue 2023: $396,028Expenses 2023: $346,372Net Income 2023: $49,6562023Revenue 2024: $390,815Expenses 2024: $326,932Net Income 2024: $63,8832024

Highlighted filing

2020

Revenue$250,589
Expenses$229,543
Net Income$21,046
Jump To
Filing Snapshot
Filing Period
Jul 1, 2019 to Jun 30, 2020
Signed
Apr 14, 2021
Return Version
2019v5.0
Gross Receipts
$260,400
Mission and Program Overview

Mission

To provide library services to the general public and surrounding communities

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$395,709$403,351▲ $7,642
Savings and Temporary Cash Investments$91,457$130,616▲ $39,159
Cash and Non-Interest-Bearing Accounts$41,751$45,781▲ $4,030
Prepaid Expenses and Deferred Charges$1,044$11,272▲ $10,228
Land, Buildings, and Equipment, Net$5,239$4,724▼ $515
Accounts Receivable-$0-
Other Notes and Loans Receivable, Net-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Total Assets$535,200$595,745▲ $60,545
Other Assets Total-$1-
Liabilities
Unsecured Notes Loans Payable-$30,683-
Other Liabilities$3,867$3,611▼ $256
Total Liabilities$3,867$34,294▲ $30,427
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$444,917$471,971▲ $27,054
Net Assets With Donor Restrictions$86,416$89,480▲ $3,064
Total Net Assets Fund Balance$531,333$561,451▲ $30,118
Total Liabilities and Net Assets / Fund Balance$535,200$595,745▲ $60,545

Asset Categories

AssetBook ValueDepreciationBasis
Leasehold Improvements-$260,550$260,550
Equipment-$46,097$46,097
Other Land Buildings$703$10,182$10,885
Buildings$4,021-$4,021
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Elizabeth A SherryExecutive DirectorFT$63,000$63,000

Board Members and Trustees

NameTitle
Garrett GryskaVice President
Jennifer JonesVice President
Ginger LarsenDirector
Linda SchuesslerDirector
Connie PierceTrustee
Gary SousaTrustee
Kathleen FeeneyTrustee
Meg SteinbergTrustee
Robert RaymondTrustee
Al CaronClerk/Secretary
Jennifer JonesCurrent Presid.
Jay PateakosFormer Presid.
Bonnie KirchnerTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$180,517
Program Service Revenue
$42,000
Investment Income
$9,064
Other Revenue
$19,008
All Other Contributions
$9,227
Change in Net Assets
$21,046
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$158,679
Other Expenses$70,864
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$90,167--$90,167
Current Officers, Directors, Trustees, and Key Employees$31,500$31,500-$63,000
Information Technology$16,514--$16,514
Office Expenses$5,785$892-$6,677
All Other Expenses$5,844$178-$6,022
Payroll Taxes$5,055$457-$5,512
Occupancy$5,383--$5,383
Fees for Services Accounting-$3,600-$3,600
Other Expenses$2,970--$2,970
Fees for Services Other$975--$975
Depreciation Depletion$478$36-$514
Interest-$67-$67
Insurance$-3,648--$-3,648
Total Functional Expenses$192,813$36,730$0$229,543
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$18,614
Fundraising Direct Expenses$2,286
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Book Sales$7,040$7,040-$7,040
Total Events$7,040$7,040-$7,040
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Payroll Liabilities$3,128
Credit Card Payable$483
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Audit committee
No
Backup withholding compliance
Yes
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, Part VI, Line 11B: Form 990 Review Process

The president receives a copy of the Form 990 and review with the trustees at the next regular monthly meeting before filing.

Form 990, Part VI, Line 19: Other Organization Documents Publicly Available

The organization makes its policies and financial statements available upon request.

Filing and Contact Details

Filer

Filer Name
Marion Library Association
EIN
04-2151737
Phone
5087481252
Address
8 Spring Street, Marion, MA 02738

Signing Officer

Name
Jennifer Jones
Title
President
Signed
2021-04-14
Discuss with paid preparer
Yes

Organization Details

Formed
1989
Legal Domicile
Ma
Voting Board Members
12
Independent Board Members
0
Employees
12

Preparer

Firm
Benoit & Mcardle Pc
Address
240 WAREHAM RD - P O BOX 1037, MARION, MA 02738
Preparer
James N Benoit CPA
Phone
5087481611
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IRS990/InvestmentsProgramRelatedGrp/EOYAmt00
IRS990/InvestmentsPubTradedSecGrp/BOYAmt0395709
IRS990/InvestmentsPubTradedSecGrp/EOYAmt0403351
IRS990/IRPDocumentCnt03
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt0316829
IRS990/LandBldgEquipBasisNetGrp/BOYAmt05239
IRS990/LandBldgEquipBasisNetGrp/EOYAmt04724
IRS990/LandBldgEquipCostOrOtherBssAmt0321553
IRS990/LegalDomicileStateCd0MA
IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt07525
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingCashInd0X
IRS990/MinutesOfCommitteesInd0false
IRS990/MinutesOfGoverningBodyInd0false
IRS990/MissionDesc0TO PROVIDE LIBRARY SERVICES TO THE GENERAL PUBLIC AND SURROUNDING COMMUNITIES
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt0531333
IRS990/NetAssetsOrFundBalancesEOYAmt0561451
IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt0323
IRS990/NetGainOrLossInvestmentsGrp/RelatedOrExemptFuncIncomeAmt0-1603
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt0-1280
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt016328
IRS990/NetIncomeFromGamingGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt09072
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt0444917
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt0471971
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/ProgramServicesAmt05383
IRS990/OccupancyGrp/TotalAmt05383
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt0892
IRS990/OfficeExpensesGrp/ProgramServicesAmt05785
IRS990/OfficeExpensesGrp/TotalAmt06677
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/EOYAmt01
IRS990/OtherEmployeeBenefitsGrp/TotalAmt00
IRS990/OtherExpensesGrp/Desc0Books and Periodicals
IRS990/OtherExpensesGrp/Desc1Subscriptions
IRS990/OtherExpensesGrp/Desc2Library materials
IRS990/OtherExpensesGrp/Desc3Copier expenses
IRS990/OtherExpensesGrp/ProgramServicesAmt023182
IRS990/OtherExpensesGrp/ProgramServicesAmt14381
IRS990/OtherExpensesGrp/ProgramServicesAmt24227
IRS990/OtherExpensesGrp/ProgramServicesAmt32970
IRS990/OtherExpensesGrp/TotalAmt023182
IRS990/OtherExpensesGrp/TotalAmt14381
IRS990/OtherExpensesGrp/TotalAmt24227
IRS990/OtherExpensesGrp/TotalAmt32970
IRS990/OtherLiabilitiesGrp/BOYAmt03867
IRS990/OtherLiabilitiesGrp/EOYAmt03611
IRS990/OtherRevenueMiscGrp/BusinessCd0519100
IRS990/OtherRevenueMiscGrp/BusinessCd1519100
IRS990/OtherRevenueMiscGrp/Desc0Copier, Fax, Printer fees
IRS990/OtherRevenueMiscGrp/Desc1Library Fines
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt01244
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt11436
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt01244
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt11436
IRS990/OtherRevenueTotalAmt02680
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt090167
IRS990/OtherSalariesAndWagesGrp/TotalAmt090167
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt00
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt0457
IRS990/PayrollTaxesGrp/ProgramServicesAmt05055
IRS990/PayrollTaxesGrp/TotalAmt05512
IRS990/PensionPlanContributionsGrp/TotalAmt00
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt01044
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt011272
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/Desc0Membership Dues & Assessments
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt042000
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt042000
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0200513
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt010439
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt0109141
IRS990/PYOtherRevenueAmt015428
IRS990/PYProgramServiceRevenueAmt039331
IRS990/PYRevenuesLessExpensesAmt011388
IRS990/PYSalariesCompEmpBnftPaidAmt0145182
IRS990/PYTotalExpensesAmt0254323
IRS990/PYTotalRevenueAmt0265711
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt021046
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt043077
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt091457
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0130616
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt093227
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt072109
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt070345
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt038684
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt038054
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0312419
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/CurrentTaxYearAmt0171290
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/CurrentTaxYearMinus1YearAmt0167735
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/CurrentTaxYearMinus2YearsAmt0163644
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/CurrentTaxYearMinus3YearsAmt0158110
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/CurrentTaxYearMinus4YearsAmt0154253
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/TotalAmt0815032
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt010667
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt010438
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt09572
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt06677
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt07322
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt044676
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearAmt02680
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus1YearAmt011827
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus2YearsAmt012059
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus3YearsAmt012822
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus4YearsAmt013941
IRS990ScheduleA/OtherIncome170Grp/TotalAmt053329
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.92000
IRS990ScheduleA/PublicSupportPY170Pct00.91290
IRS990ScheduleA/PublicSupportTotal170Amt01127451
IRS990ScheduleA/SubstantialContributorsTotAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0264517
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0239844
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0233989
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0196794
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0192307
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt01127451

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$9.05$0.04$9.01$3.91$3.27$0.64
2023Detailed filing. Detailed filing data is available for this year.$8.27$0.09$8.17$3.96$3.46$0.50
2022Detailed filing. Detailed filing data is available for this year.$7.39$0.10$7.29$3.48$2.91$0.57
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$7.80$0.36$7.44$3.19$2.46$0.73
2020Detailed filing. Detailed filing data is available for this year.$5.96$0.34$5.61$2.51$2.30$0.21
2019Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.35$0.04$5.31$2.66$2.54$0.11
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$5.08$0.06$5.01$2.70$2.21$0.49
2017Detailed filing. Detailed filing data is available for this year.$4.42$0.07$4.35$2.20$2.21$0.01
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.24$0.06$4.18$2.77$2.15$0.63
2015Detailed filing. Detailed filing data is available for this year.$4.39$0.19$4.20$2.08$2.17$0.09
2014Detailed filing. Detailed filing data is available for this year.$4.26$0.08$4.18$2.00$2.21$0.21
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.11$0.00$4.11$1.98$2.22$0.23
2012Summary only. Only limited summary data is available for this year.$4.15$0.03$4.12$2.03$2.32$0.29
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.47$0.03$4.44$1.94$2.08$0.15