The Fall River Public Library Foundation Inc.

990EZ • Fiscal year 2022 • EIN 04-3538097

Jul 01, 2021 to Jun 30, 2022 • Filed on Oct 24, 2022

Organization Profile N/A

104 North Main StreetFall River, MA 02720

(508) 324-2700

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.

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

0.00x

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

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

9.0%

Higher net margin than 57% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Higher top officer pay than 78% of similar nonprofits.

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

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

-7.1%

Faster asset growth than 35% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Annualized from 2021 to 2022

165%

Faster revenue growth than 89% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Annualized from 2021 to 2022

Balance Sheet

Liabilities / Assets58th percentile

Assets

Down

$113,760

Down $8,736 (-7.1%) from 2021

Net Assets

Down

$113,760

Down $8,736 (-7.1%) from 2021

Liabilities

Flat

Flat from 2021

Revenue And Expenses

Liabilities / Revenue58th percentile Net Margin57th percentile

Revenue

$19,431

Up $12,101 (+165%) from 2021

Expenses

$17,691

Up $8,531 (+93%) from 2021

Net Income

$1,740

Up $3,570 (+195%) from 2021

Historical Trend

Balance Sheet Trend

Asset Growth35th percentile

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

Highlighted filing

2022

Assets$113,760

Liabilities$0

Net Assets$113,760

Open 2022 Filing

Operations Trend

Revenue Growth89th percentile

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

Highlighted filing

2022

Revenue$19,431

Expenses$17,691

Net Income$1,740

Open 2022 Filing

Jump To

Filing Snapshot

Filing Period: Jul 1, 2021 to Jun 30, 2022
Signed: Oct 24, 2022
Return Version: 2021v4.0
Gross Receipts: $19,431

Mission and Program Overview

Mission

The organization strives to encourage gifts and bequests to the fall river public library and overseeing the financial management of any funds to support the library in its mission of providing the community with library facilities and services.

Program Services

Description	Grants	Expenses
THE ORGANIZATION ACHIEVED ITS PRIMARY MISSION OF PROVIDING THE COMMUNITY WITH LIBRARY FACILITIES AND SERVICES.	-	$17,691

Compensation and Service Providers

Top Officer Pay78th percentile

Employees

Name	Title	Full / Part Time	Base	Other	Total
ANN ROCKETT-SPERLING	President	-	$0	-	-
KARIN WOOD	Clerk	-	$0	-	-
NANCY FELL	Treasurer	-	$0	-	-
LIANE VERVILLE	Director	-	$0	-	-
JAMES GIBNEY	Director	-	$0	-	-
CAROLYN M NOVO	Director	-	$0	-	-
NANCY NAGLE	Director	-	$0	-	-
PHILIP T SILVIA JR	Director	-	$0	-	-
FATIMA VIEIRA	Director	-	$0	-	-

Filing and Contact Details

Filer

Filer Name: The Fall River Public Library
EIN: 04-3538097
Phone: 5083242700
Address: 104 NORTH MAIN STREET, FALL RIVER, MA 02720

Signing Officer

Name: Ann Rockett-sperling
Title: President
Phone: 5083242700
Signed: 2022-10-24
Discuss with paid preparer: Yes

Preparer

Firm: D'AMBROSIO & COMPANY PC CPA'S
Address: 373 NORTH MAIN STREET, FALL RIVER, MA 02720-2405
Preparer: THOMAS A D'AMBROSIO CPA
Phone: 5086791181

Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 8

“Net realized gains & losses 1,371 total 1,371”

Form 990-ez, Part I, Line 16

“Expenses annual report fee 35 entertainment 1,095 events - receptions 6,280 furniture & fixtures 310 postage 110 printing 542 program 500 investment depreciation 8,294 total 17,166”

Form 990-ez, Part I, Line 20

“Unrealized losses on investments -10,476”

Form 990-ez, Part II, Line 24

“Furniture & fixtures 422,450 424,770 less accumulated depreciation 409,608 412,322 computers & equipment 53,678 59,678 less accumulated depreciation 43,216 48,795 total 23,304 23,331”

Form 990-ez, Part III

“The organization strives to encourage gifts and bequests to the fall river public library and overseeing the financial management of any funds to support the library in its mission of providing the community with library facilities and services.”

Raw XML Appendix166 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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IRS990EZ/BooksInCareOfDetail/USAddress/CityNm	0	FALL RIVER
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd	0	MA
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt	1	0
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt	3	0
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt	4	0
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt	5	0
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt	6	0
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt	7	0
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt	8	0
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm	0	ANN ROCKETT-SPERLING
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm	1	KARIN WOOD
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm	2	NANCY FELL
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm	3	LIANE VERVILLE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm	4	JAMES GIBNEY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm	5	CAROLYN M NOVO
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm	6	NANCY NAGLE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm	7	PHILIP T SILVIA JR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm	8	FATIMA VIEIRA
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt	0	PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt	1	CLERK
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt	2	TREASURER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt	3	DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt	4	DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt	5	DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt	6	DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt	7	DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt	8	DIRECTOR
IRS990EZ/OperateHospitalInd	0	false
IRS990EZ/Organization501c3Ind	0	X
IRS990EZ/OrganizationDissolvedEtcInd	0	false
IRS990EZ/OrganizationHadUBIInd	0	false
IRS990EZ/OtherAssetsTotalDetail/BOYAmt	0	23304
IRS990EZ/OtherAssetsTotalDetail/EOYAmt	0	23331
IRS990EZ/OtherChangesInNetAssetsAmt	0	-10476
IRS990EZ/OtherExpensesTotalAmt	0	17166
IRS990EZ/OtherRevenueTotalAmt	0	1371
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt	0	NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt	0	NONE
IRS990EZ/PoliticalCampaignActyInd	0	false
IRS990EZ/PrimaryExemptPurposeTxt	0	THE ORGANIZATION STRIVES TO ENCOURAGE GIFTS AND BEQUESTS TO THE FALL RIVER PUBLIC LIBRARY AND OVERSEEING THE FINANCIAL MANAGEMENT OF ANY FUNDS TO SUPPORT THE LIBRARY IN ITS MISSION OF PROVIDING THE COMMUNITY WITH LIBRARY FACILITIES AND SERVICES.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt	0	THE ORGANIZATION ACHIEVED ITS PRIMARY MISSION OF PROVIDING THE COMMUNITY WITH LIBRARY FACILITIES AND SERVICES.
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt	0	17691
IRS990EZ/ProhibitedTaxShelterTransInd	0	false
IRS990EZ/RelatedOrganizationCtrlEntInd	0	false
IRS990EZ/ScheduleBNotRequiredInd	0	X
IRS990EZ/SchoolOperatingInd	0	false
IRS990EZ/StatesWhereCopyOfReturnIsFldCd	0	MA
IRS990EZ/SubjectToProxyTaxInd	0	false
IRS990EZ/TanningServicesProvidedInd	0	false
IRS990EZ/TotalExpensesAmt	0	17691
IRS990EZ/TotalProgramServiceExpensesAmt	0	17691
IRS990EZ/TotalRevenueAmt	0	19431
IRS990EZ/TransactionWithControlEntInd	0	false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd	0	false
IRS990EZ/TypeOfOrganizationCorpInd	0	X
IRS990EZ/WebsiteAddressTxt	0	N/A
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt	0	SALE OF SECURITIES
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc	0	SUPPLEMENTAL INFORMATION
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt	0	16855
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt	0	3262
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt	0	15030
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IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt	0	73673
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt	0	2576
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt	0	4068
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt	0	3423
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt	0	2807
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IRS990ScheduleA/PublicOrganization170Ind	0	X
IRS990ScheduleA/PublicSupportCY170Pct	0	0.82310
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IRS990ScheduleA/PublicSupportTotal170Amt	0	73673
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind	0	X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt	0	16855
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IRS990ScheduleA/TotalSupportAmt	0	89509
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt	0	NET REALIZED GAINS & LOSSES 1,371 TOTAL 1,371
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt	1	EXPENSES ANNUAL REPORT FEE 35 ENTERTAINMENT 1,095 EVENTS - RECEPTIONS 6,280 FURNITURE & FIXTURES 310 POSTAGE 110 PRINTING 542 PROGRAM 500 INVESTMENT DEPRECIATION 8,294 TOTAL 17,166
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt	2	UNREALIZED LOSSES ON INVESTMENTS -10,476
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt	3	FURNITURE & FIXTURES 422,450 424,770 LESS ACCUMULATED DEPRECIATION 409,608 412,322 COMPUTERS & EQUIPMENT 53,678 59,678 LESS ACCUMULATED DEPRECIATION 43,216 48,795 TOTAL 23,304 23,331
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt	4	THE ORGANIZATION STRIVES TO ENCOURAGE GIFTS AND BEQUESTS TO THE FALL RIVER PUBLIC LIBRARY AND OVERSEEING THE FINANCIAL MANAGEMENT OF ANY FUNDS TO SUPPORT THE LIBRARY IN ITS MISSION OF PROVIDING THE COMMUNITY WITH LIBRARY FACILITIES AND SERVICES.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc	0	FORM 990-EZ, PART I, LINE 8
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc	1	FORM 990-EZ, PART I, LINE 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc	2	FORM 990-EZ, PART I, LINE 20
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc	3	FORM 990-EZ, PART II, LINE 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc	4	FORM 990-EZ, PART III
ReturnHeader/BuildTS	0	2022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd	0	true
ReturnHeader/BusinessOfficerGrp/PersonNm	0	ANN ROCKETT-SPERLING
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt	0	PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum	0	5083242700
ReturnHeader/BusinessOfficerGrp/SignatureDt	0	2022-10-24
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt	0	THE FALL RIVER PUBLIC LIBRARY
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt	0	FOUNDATION INC
ReturnHeader/Filer/BusinessNameControlTxt	0	FALL
ReturnHeader/Filer/EIN	0	043538097
ReturnHeader/Filer/PhoneNum	0	5083242700
ReturnHeader/Filer/USAddress/AddressLine1Txt	0	104 NORTH MAIN STREET
ReturnHeader/Filer/USAddress/CityNm	0	FALL RIVER
ReturnHeader/Filer/USAddress/StateAbbreviationCd	0	MA
ReturnHeader/Filer/USAddress/ZIPCd	0	02720
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN	0	900002756
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt	0	D'AMBROSIO & COMPANY PC CPA'S
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt	0	373 NORTH MAIN STREET
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm	0	FALL RIVER
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd	0	MA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd	0	027202405
ReturnHeader/PreparerPersonGrp/PhoneNum	0	5086791181
ReturnHeader/PreparerPersonGrp/PreparationDt	0	2022-10-24
ReturnHeader/PreparerPersonGrp/PreparerPersonNm	0	THOMAS A D'AMBROSIO CPA
ReturnHeader/ReturnTs	0	2022-11-02T16:31:34-04:00
ReturnHeader/ReturnTypeCd	0	990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm	0	ANN
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm	0	ROCKETT-SPERLING
ReturnHeader/TaxPeriodBeginDt	0	2021-07-01
ReturnHeader/TaxPeriodEndDt	0	2022-06-30
ReturnHeader/TaxYr	0	2021

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2022 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing

Assets: $113,760
Liabilities: $0
Net assets: $113,760
Revenue: $19,431
Expenses: $17,691
Net income: $1,740

	Balance Sheet			Operations
Year	Assets	Liabilities	Net Assets	Revenue	Expenses	Net Income
2025Detailed filing. Detailed filing data is available for this year.	$1.31		$1.31	$0.18	$0.19	$0.01
2024Detailed filing. Detailed filing data is available for this year.	$1.31	$0.00	$1.31	$0.19	$0.15	$0.04
2023Detailed filing. Detailed filing data is available for this year.	$1.23	$0.00	$1.23	$0.17	$0.15	$0.02
2022Detailed filing. Detailed filing data is available for this year.	$1.14	$0.00	$1.14	$0.19	$0.18	$0.02
2021Detailed filing. Detailed filing data is available for this year.	$1.22	$0.00	$1.22	$0.07	$0.09	$0.02
2020Summary only. Only limited summary data is available for this year.	$1.19	$0.00		$0.18	$0.11	$0.07
2019Summary only. Only limited summary data is available for this year.	$1.13	$0.00		$0.17	$0.14	$0.03
2018Summary only. Only limited summary data is available for this year.	$1.11	$0.00		$0.27	$0.13	$0.14
2017Summary only. Only limited summary data is available for this year.	$0.97	$0.00		$0.12	$0.08	$0.03
2016Summary only. Only limited summary data is available for this year.	$0.92	$0.00		$0.22	$0.09	$0.13
2015Summary only. Only limited summary data is available for this year.	$0.79	$0.00		$0.14	$0.07	$0.06
2014Summary only. Only limited summary data is available for this year.	$0.73	$0.00		$0.14	$0.12	$0.02
2013Summary only. Only limited summary data is available for this year.	$0.67	$0.00		$0.15	$0.09	$0.06
2012Summary only. Only limited summary data is available for this year.	$0.59	$0.00		$0.22	$0.22	$0.00
2011Summary only. Only limited summary data is available for this year.	$0.59	$0.00		$0.05	$0.17	$0.12