Civic Intelligence

The Raynham Public Library

990 • Fiscal year 2016 • EIN 04-2383933

Jul 01, 2015 to Jun 30, 2016 • Filed on Dec 23, 2016

760 South Main StreetRaynham, MA 02767

(508) 823-1344

Siviq Scores

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

Liabilities / Assets

38th percentile

0.01x

Higher debt load relative to assets than 38% of similar nonprofits.

2016 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2016

Liabilities / Revenue

41st percentile

0.02x

Higher debt load relative to revenue than 41% of similar nonprofits.

2016 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2016

Net Margin

35th percentile

-1.8%

Higher net margin than 35% of similar nonprofits.

2016 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2016

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2016

Asset Growth

94th percentile

90%

Faster asset growth than 94% of similar nonprofits.

2016 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2015 to 2016

Revenue Growth

43rd percentile

0.0%

Faster revenue growth than 43% of similar nonprofits.

2016 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2015 to 2016

Assets

Up

$706,352

Up $334,746 (+90%) from 2015

Net Assets

Up

$699,254

Up $339,130 (+94%) from 2015

Liabilities

Down

$7,098

Down $4,384 (-38%) from 2015

Revenue

Up

$375,241

Up $135 (+0.0%) from 2015

Expenses

Down

$382,133

Down $17,283 (-4.3%) from 2015

Net Income

Up

-$6,892

Up $17,418 (+72%) from 2015

Historical Trend

Balance Sheet Trend

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

$800K$600K$400K$200K$0Assets 2011: $575,847Liabilities 2011: $0Net Assets 2011: $575,8472011Assets 2012: $572,670Liabilities 2012: $0Net Assets 2012: $572,6702012Assets 2013: $394,283Liabilities 2013: $14,000Net Assets 2013: $380,2832013Assets 2014: $384,294Liabilities 2014: $23,540Net Assets 2014: $360,7542014Assets 2015: $371,606Liabilities 2015: $11,482Net Assets 2015: $360,1242015Assets 2016: $706,352Liabilities 2016: $7,098Net Assets 2016: $699,2542016Assets 2017: $732,571Liabilities 2017: $20,795Net Assets 2017: $711,7762017Assets 2018: $744,526Liabilities 2018: $23,404Net Assets 2018: $721,1222018Assets 2019: $769,836Liabilities 2019: $17,618Net Assets 2019: $752,2182019Assets 2020: $797,199Liabilities 2020: $36,926Net Assets 2020: $760,2732020Assets 2021: $394,006Liabilities 2021: $40,283Net Assets 2021: $353,7232021Assets 2022: $317,677Liabilities 2022: $0Net Assets 2022: $317,6772022Assets 2023: $309,573Liabilities 2023: $0Net Assets 2023: $309,5732023

Highlighted filing

2016

Assets$706,352
Liabilities$7,098
Net Assets$699,254

Operations Trend

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

$500K$0-$500KExpenses 2011: $317,8442011Expenses 2012: $319,1172012Revenue 2013: $342,802Expenses 2013: $352,456Net Income 2013: -$9,6542013Revenue 2014: $360,485Expenses 2014: $380,014Net Income 2014: -$19,5292014Revenue 2015: $375,106Expenses 2015: $399,416Net Income 2015: -$24,3102015Revenue 2016: $375,241Expenses 2016: $382,133Net Income 2016: -$6,8922016Revenue 2017: $418,059Expenses 2017: $405,537Net Income 2017: $12,5222017Revenue 2018: $431,243Expenses 2018: $421,897Net Income 2018: $9,3462018Revenue 2019: $487,094Expenses 2019: $455,998Net Income 2019: $31,0962019Revenue 2020: $478,873Expenses 2020: $470,659Net Income 2020: $8,2142020Revenue 2021: $65,911Expenses 2021: $497,640Net Income 2021: -$431,7292021Revenue 2022: $6,431Expenses 2022: $42,477Net Income 2022: -$36,0462022Revenue 2023: $41Expenses 2023: $8,145Net Income 2023: -$8,1042023

Highlighted filing

2016

Revenue$375,241
Expenses$382,133
Net Income-$6,892
Jump To
Filing Snapshot
Filing Period
Jul 1, 2015 to Jun 30, 2016
Signed
Dec 23, 2016
Return Version
2015v2.0
Gross Receipts
$375,241
Mission and Program Overview

Mission

The organization is a public library serving the interests of the residents of raynham, massachusetts.

Balance Sheet Detail
LineBeginningEndChange
Assets
Pledges and Grants Receivable-$340,505-
Investments in Publicly Traded Securities$168,627$186,114▲ $17,487
Land, Buildings, and Equipment, Net$76,953$90,625▲ $13,672
Savings and Temporary Cash Investments$125,526$89,108▼ $36,418
Prepaid Expenses and Deferred Charges$500$0▼ $500
Cash and Non-Interest-Bearing Accounts-$0-
Accounts Receivable-$0-
Other Notes and Loans Receivable, Net-$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$371,606$706,352▲ $334,746
Other Assets Total-$0-
Liabilities
Accounts Payable and Accrued Expenses$11,482$7,098▼ $4,384
Total Liabilities$11,482$7,098▼ $4,384
Net Assets / Fund Balance
Unrestricted Net Assets$360,124$358,749▼ $1,375
Temporarily Rstr Net Assets-$340,505-
Total Net Assets Fund Balance$360,124$699,254▲ $339,130
Total Liabilities and Net Assets / Fund Balance$371,606$706,352▲ $334,746

Asset Categories

AssetBook ValueDepreciationBasis
Buildings-$220,649$220,649
Leasehold Improvements$88,618$33,948$122,566
Other Land Buildings$2,007$2,222$4,229
Equipment-$681$681
Compensation and Service Providers

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$361,535
Program Service Revenue
$13,102
Investment Income
$604
Other Revenue
$0
All Other Contributions
$4,117
Change in Net Assets
$-6,892
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$240,798
Other Expenses$141,335
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$202,030--$202,030
All Other Expenses$15,606$2,702-$18,308
Other Employee Benefits$18,066--$18,066
Payroll Taxes$15,503--$15,503
Other Expenses$13,654--$13,654
Depreciation Depletion$6,112--$6,112
Fees for Services Accounting-$5,400-$5,400
Insurance-$5,390-$5,390
Pension Plan Contributions$5,199--$5,199
Fees for Services Other$4,720--$4,720
Total Functional Expenses$368,641$13,492$0$382,133
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

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
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
Yes
Other officer compensation reviewed
Yes
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, Line 11B: Form 990 Review Process

The 990 will be distributed to the appropriate members of the board of trustees for review, questions and follow-up. Upon satisfaction the return properly reflects the income tax aspects of the organization, recommendation for filing will be made to the voting body.

Form 990, Part VI, Line 12C: Explanation of Monitoring and Enforcement of Conflicts

The trustees require annual update and review of conflict policy statements.

Form 990, Part VI, Line 15A: Compensation Review & Approval Process - CEO, Top Management

The board of trustees has access to comparable and statistical information regarding the compensation of employees at libraries of similar size, operating budget and organizational structure and responsibilities. This information is used to prepare annual compensation reviews in conjunction with overall performance evaluations.

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

The organization makes its governing documents, conflict of interest policy and financial statements accessible to the public through papers copies supplied upon request. Such requests are made at the library facility.

Filing and Contact Details

Filer

Filer Name
Raynham Public Library
EIN
04-2383933
Phone
5088231344
Address
760 SOUTH MAIN STREET, RAYNHAM, MA 02767

Signing Officer

Name
Lisa Raymond
Title
President
Signed
2016-12-23
Discuss with paid preparer
Yes

Organization Details

Formed
1968
Legal Domicile
Ma
Voting Board Members
10
Independent Board Members
0
Employees
9

Preparer

Firm
Leahy Cody & Odonnell LLC
Address
63 Winthrop Street, Taunton, MA 02780
Preparer
Michael J Leahy CPA
Phone
5088246622
Supplemental Narrative

Additional Explanations

Other Changes In Net Assets Or Fund Balances - Other Increases

Prior year temporarily restricted net assets - per asc 958 = $338534

Other Changes In Net Assets Or Fund Balances - Other Increases

Unrealized gain on investments = $7488

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IRS990/PensionPlanContributionsGrp/ProgramServicesAmt05199
IRS990/PensionPlanContributionsGrp/TotalAmt05199
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt0340505
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt0500
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt00
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/Desc0COPIER AND ROOM FEES
IRS990/ProgramServiceRevenueGrp/Desc1LATE FEES
IRS990/ProgramServiceRevenueGrp/Desc2OTHER INCOME
IRS990/ProgramServiceRevenueGrp/ExclusionAmt01078
IRS990/ProgramServiceRevenueGrp/ExclusionAmt19909
IRS990/ProgramServiceRevenueGrp/ExclusionAmt22115
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt01078
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt19909
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt22115
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0358708
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt02119
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt0142139
IRS990/PYProgramServiceRevenueAmt014279
IRS990/PYRevenuesLessExpensesAmt0-24310
IRS990/PYSalariesCompEmpBnftPaidAmt0257277
IRS990/PYTotalExpensesAmt0399416
IRS990/PYTotalRevenueAmt0375106
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt0-6892
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0125526
IRS990/SavingsAndTempCashInvstGrp/EOYAmt089108
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0361535
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0358708
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0335652
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0326345
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0305188
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt01687428
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt0604
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt02119
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt011796
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt02866
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt05603
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt022988
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearAmt013102
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus1YearAmt014279
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus2YearsAmt013037
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus3YearsAmt013591
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus4YearsAmt011757
IRS990ScheduleA/OtherIncome170Grp/TotalAmt065766
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.95000
IRS990ScheduleA/PublicSupportPY170Pct00.95350
IRS990ScheduleA/PublicSupportTotal170Amt01687428
IRS990ScheduleA/SubstantialContributorsTotAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0361535
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0358708
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0335652
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0326345
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0305188
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt01687428
IRS990ScheduleA/TotalSupportAmt01776182
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt00
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0220649
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt0220649
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0681
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0681
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt088618
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt033948
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt0122566
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt02007
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt02222
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt04229
IRS990ScheduleD/TotalBookValueLandBuildingsAmt090625
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE 990 WILL BE DISTRIBUTED TO THE APPROPRIATE MEMBERS OF THE BOARD OF TRUSTEES FOR REVIEW, QUESTIONS AND FOLLOW-UP. UPON SATISFACTION THE RETURN PROPERLY REFLECTS THE INCOME TAX ASPECTS OF THE ORGANIZATION, RECOMMENDATION FOR FILING WILL BE MADE TO THE VOTING BODY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE TRUSTEES REQUIRE ANNUAL UPDATE AND REVIEW OF CONFLICT POLICY STATEMENTS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE BOARD OF TRUSTEES HAS ACCESS TO COMPARABLE AND STATISTICAL INFORMATION REGARDING THE COMPENSATION OF EMPLOYEES AT LIBRARIES OF SIMILAR SIZE, OPERATING BUDGET AND ORGANIZATIONAL STRUCTURE AND RESPONSIBILITIES. THIS INFORMATION IS USED TO PREPARE ANNUAL COMPENSATION REVIEWS IN CONJUNCTION WITH OVERALL PERFORMANCE EVALUATIONS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ACCESSIBLE TO THE PUBLIC THROUGH PAPERS COPIES SUPPLIED UPON REQUEST. SUCH REQUESTS ARE MADE AT THE LIBRARY FACILITY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4PRIOR YEAR TEMPORARILY RESTRICTED NET ASSETS - PER ASC 958 = $338534
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5UNREALIZED GAIN ON INVESTMENTS = $7488
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Line 11b: Form 990 Review Process
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Line 12c: Explanation of Monitoring and Enforcement of Conflicts
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Line 15a: Compensation Review & Approval Process - CEO, Top Management
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VI, Line 19: Other Organization Documents Publicly Available
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Other Changes In Net Assets Or Fund Balances - Other Increases
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Other Changes In Net Assets Or Fund Balances - Other Increases
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxableDistributionsInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TemporarilyRstrNetAssetsGrp/EOYAmt0340505
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0371606
IRS990/TotalAssetsEOYAmt0706352
IRS990/TotalAssetsGrp/BOYAmt0371606
IRS990/TotalAssetsGrp/EOYAmt0706352
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt0361535
IRS990/TotalEmployeeCnt09
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt013492
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0368641
IRS990/TotalFunctionalExpensesGrp/TotalAmt0382133
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt011482
IRS990/TotalLiabilitiesEOYAmt07098
IRS990/TotalLiabilitiesGrp/BOYAmt011482
IRS990/TotalLiabilitiesGrp/EOYAmt07098

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2023Detailed filing. Detailed filing data is available for this year.$3.10$0.00$3.10$0.00$0.08$0.08
2022Detailed filing. Detailed filing data is available for this year.$3.18$0.00$3.18$0.06$0.42$0.36
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.94$0.40$3.54$0.66$4.98$4.32
2020Detailed filing. Detailed filing data is available for this year.$7.97$0.37$7.60$4.79$4.71$0.08
2019Detailed filing. Detailed filing data is available for this year.$7.70$0.18$7.52$4.87$4.56$0.31
2018Detailed filing. Detailed filing data is available for this year.$7.45$0.23$7.21$4.31$4.22$0.09
2017Detailed filing. Detailed filing data is available for this year.$7.33$0.21$7.12$4.18$4.06$0.13
2016Detailed filing. Detailed filing data is available for this year.$7.06$0.07$6.99$3.75$3.82$0.07
2015Detailed filing. Detailed filing data is available for this year.$3.72$0.11$3.60$3.75$3.99$0.24
2014Detailed filing. Detailed filing data is available for this year.$3.84$0.24$3.61$3.60$3.80$0.20
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.94$0.14$3.80$3.43$3.52$0.10
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.73$0.00$5.73$3.19
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.76$0.00$5.76$3.18