Civic Intelligence

The Milton Library Foundation Inc

990 • Fiscal year 2023 • EIN 04-3614024

Jul 01, 2022 to Jun 30, 2023 • Filed on Nov 28, 2023

Organization ProfileWWW.MILTONLIBRARY.ORG/FOUNDATION
476 Canton AvenueMilton, MA 02186

(617) 698-5757

Siviq Scores

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

Liabilities / Assets

25th percentile

0.00x

Higher debt load relative to assets than 25% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2023

Liabilities / Revenue

43rd percentile

0.05x

Higher debt load relative to revenue than 43% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2023

Net Margin

78th percentile

24%

Higher net margin than 78% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2023

Top Officer Pay

39th percentile

$0

Higher top officer pay than 39% of similar nonprofits.

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

2023 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2023

Asset Growth

53rd percentile

5.7%

Faster asset growth than 53% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2022 to 2023

Revenue Growth

3rd percentile

-72%

Faster revenue growth than 3% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2022 to 2023

Balance Sheet
Liabilities / Assets25th percentile

Assets

Up

$1,796,518

Up $96,389 (+5.7%) from 2022

Net Assets

Up

$1,789,802

Up $141,721 (+8.6%) from 2022

Liabilities

Down

$6,716

Down $45,332 (-87%) from 2022

Revenue And Expenses
Liabilities / Revenue43rd percentileNet Margin78th percentile

Revenue

Down

$124,229

Down $316,059 (-72%) from 2022

Expenses

Down

$94,635

Down $2,381 (-2.5%) from 2022

Net Income

Down

$29,594

Down $313,678 (-91%) from 2022

Historical Trend

Balance Sheet Trend

Asset Growth53rd percentile

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

$3.0M$2.0M$1.0M$0Assets 2010: $294,483Liabilities 2010: $0Net Assets 2010: $294,4832010Assets 2011: $371,897Liabilities 2011: $0Net Assets 2011: $371,8972011Assets 2012: $529,342Liabilities 2012: $5,548Net Assets 2012: $523,7942012Assets 2013: $710,205Liabilities 2013: $307Net Assets 2013: $709,8982013Assets 2014: $829,553Liabilities 2014: $818Net Assets 2014: $828,7352014Assets 2015: $872,808Liabilities 2015: $0Net Assets 2015: $872,8082015Assets 2016: $1,106,983Liabilities 2016: $2,072Net Assets 2016: $1,104,9112016Assets 2017: $1,333,996Liabilities 2017: $2,717Net Assets 2017: $1,331,2792017Assets 2018: $1,280,758Liabilities 2018: $202Net Assets 2018: $1,280,5562018Assets 2019: $1,578,851Liabilities 2019: $25,597Net Assets 2019: $1,553,2542019Assets 2020: $1,512,214Liabilities 2020: $60,938Net Assets 2020: $1,451,2762020Assets 2021: $1,914,482Liabilities 2021: $93,854Net Assets 2021: $1,820,6282021Assets 2022: $1,700,129Liabilities 2022: $52,048Net Assets 2022: $1,648,0812022Assets 2023: $1,796,518Liabilities 2023: $6,716Net Assets 2023: $1,789,8022023Assets 2024: $1,992,487Liabilities 2024: $15,592Net Assets 2024: $1,976,8952024Assets 2025: $2,088,690Liabilities 2025: $13,194Net Assets 2025: $2,075,4962025

Highlighted filing

2023

Assets$1,796,518
Liabilities$6,716
Net Assets$1,789,802
Open 2023 Filing

Operations Trend

Revenue Growth3rd percentile

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

$600K$400K$200K$0-$200KRevenue 2010: $95,477Expenses 2010: $70,159Net Income 2010: $25,3182010Revenue 2011: $190,385Expenses 2011: $112,971Net Income 2011: $77,4142011Expenses 2012: $69,4572012Revenue 2013: $210,115Expenses 2013: $35,069Net Income 2013: $175,0462013Revenue 2014: $194,767Expenses 2014: $74,293Net Income 2014: $120,4742014Revenue 2015: $83,351Expenses 2015: $25,163Net Income 2015: $58,1882015Revenue 2016: $219,545Expenses 2016: $36,158Net Income 2016: $183,3872016Revenue 2017: $221,891Expenses 2017: $99,775Net Income 2017: $122,1162017Revenue 2018: $231,725Expenses 2018: $182,506Net Income 2018: $49,2192018Revenue 2019: $256,874Expenses 2019: $154,585Net Income 2019: $102,2892019Revenue 2020: $37,101Expenses 2020: $79,818Net Income 2020: -$42,7172020Revenue 2021: $246,696Expenses 2021: $139,300Net Income 2021: $107,3962021Revenue 2022: $440,288Expenses 2022: $97,016Net Income 2022: $343,2722022Revenue 2023: $124,229Expenses 2023: $94,635Net Income 2023: $29,5942023Revenue 2024: $212,101Expenses 2024: $62,907Net Income 2024: $149,1942024Revenue 2025: $197,856Expenses 2025: $157,821Net Income 2025: $40,0352025

Highlighted filing

2023

Revenue$124,229
Expenses$94,635
Net Income$29,594
Open 2023 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2022 to Jun 30, 2023
Signed
Nov 28, 2023
Return Version
2022v5.0
Gross Receipts
$135,593
Mission and Program Overview

Mission

Maintain and support the public library in the town of milton, ma.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$1,517,302$1,635,768▲ $118,466
Cash and Non-Interest-Bearing Accounts$182,827$160,750▼ $22,077
Total Assets$1,700,129$1,796,518▲ $96,389
Liabilities
Grants Payable$50,000--
Accounts Payable and Accrued Expenses$2,048$6,716▲ $4,668
Total Liabilities$52,048$6,716▼ $45,332
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$1,066,947$1,191,356▲ $124,409
Net Assets With Donor Restrictions$581,134$598,446▲ $17,312
Total Net Assets Fund Balance$1,648,081$1,789,802▲ $141,721
Total Liabilities and Net Assets / Fund Balance$1,700,129$1,796,518▲ $96,389

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2022$1,517,303-▲ $149,885-$1,634,767
2021$1,765,417-▼ $248,114-$1,517,303
2020$1,431,127$58,000▲ $320,096-$1,765,417
2019$1,351,866$125,000▼ $35,502-$1,431,127
2018$1,079,424$80,000▲ $207,653-$1,351,866
Compensation and Service Providers
Top Officer Pay39th percentile

Board Members and Trustees

NameTitle
Paul HaysPresident
KATHLEEN O'DONNELLSecretary
Raymond CzwakielTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$73,383
Program Service Revenue
$0
Investment Income
$50,846
Other Revenue
$0
All Other Contributions
$73,383
Change in Net Assets
$29,594
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$47,414
Grants and Similar Amounts Paid$47,221
Total Fundraising Expense$12,543
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$47,221--$47,221
Office Expenses--$12,144$12,144
Fees for Service Investment Mgmnt Fees-$12,086-$12,086
Fees for Services Legal-$8,364-$8,364
Fees for Services Accounting-$7,500-$7,500
Information Technology-$4,899-$4,899
Fees for Services Other-$1,490-$1,490
Insurance-$462-$462
Other Expenses-$70$399$70
Total Functional Expenses$47,221$34,871$12,543$94,635
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Milton Public LibraryMilton, MA-Library Support$47,221
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
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Annual disclosure for covered persons
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
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 reviewed by the treasurer before filing.”

Form 990, Page 6, Part VI, Line 19

“The governing documents, conflict of interest policy and financial statements are available to the public upon request.”

Filing and Contact Details

Filer

Filer Name
Milton Library Foundation Inc
EIN
04-3614024
Phone
6176985757
Address
476 CANTON AVENUE, MILTON, MA 02186

Signing Officer

Name
Raymond Czwakiel
Title
Treasurer
Signed
2023-11-28
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Raymond Czwakiel
Formed
2002
Legal Domicile
Ma
Voting Board Members
3
Independent Board Members
3
Employees
0

Preparer

Firm
David M Pinkham CPA LLC
Address
475 SCHOOL STREET SUITE 13, MARSHFIELD, MA 02050
Preparer
David M Pinkham
Phone
7818340444
Raw XML Appendix345 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.

Path#Value
IRS990/AccountantCompileOrReviewInd0true
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt02048
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt06716
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0MAINTAIN AND SUPPORT THE PUBLIC LIBRARY IN THE TOWN OF MILTON, MA.
IRS990/AllOtherContributionsAmt073383
IRS990/AnnualDisclosureCoveredPrsnInd0true
IRS990/BooksInCareOfDetail/PersonNm0RAYMOND CZWAKIEL
IRS990/BooksInCareOfDetail/PhoneNum06176985757
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0476 CANTON AVENUE
IRS990/BooksInCareOfDetail/USAddress/CityNm0MILTON
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0MA
IRS990/BooksInCareOfDetail/USAddress/ZIPCd002186
IRS990/BusinessRlnWith35CtrlEntInd0false
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CashNonInterestBearingGrp/BOYAmt0182827
IRS990/CashNonInterestBearingGrp/EOYAmt0160750
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CollectionsOfArtInd0false
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0false
IRS990/CompensationProcessOtherInd0false
IRS990/ConflictOfInterestPolicyInd0true
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt073383
IRS990/CYGrantsAndSimilarPaidAmt047221
IRS990/CYInvestmentIncomeAmt050846
IRS990/CYOtherExpensesAmt047414
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt00
IRS990/CYRevenuesLessExpensesAmt029594
IRS990/CYSalariesCompEmpBnftPaidAmt00
IRS990/CYTotalExpensesAmt094635
IRS990/CYTotalFundraisingExpenseAmt012543
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0124229
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/Desc0GRANTS FOR THE MAINTENANCE OF BUILDINGS IN THE PUBLIC LIBRARY SYSTEM IN THE TOWN OF MILTON, MA, AS WELL AS TO PROVIDE BOOKS, MATERIALS, SERVICES, AND OTHER PROGRAMS WITHIN THE LIBRARY SYSTEM.
IRS990/DescribedInSection501c3Ind0true
IRS990/DisregardedEntityInd0false
IRS990/DocumentRetentionPolicyInd0true
IRS990/DonorAdvisedFundInd0false
IRS990/DonorRestrictionNetAssetsGrp/BOYAmt0581134
IRS990/DonorRestrictionNetAssetsGrp/EOYAmt0598446
IRS990/DonorRstrOrQuasiEndowmentsInd0true
IRS990/ElectionOfBoardMembersInd0false
IRS990/EmployeeCnt00
IRS990/EngagedInExcessBenefitTransInd0false
IRS990/ExpenseAmt047221
IRS990/FamilyOrBusinessRlnInd0false
IRS990/FederalGrantAuditRequiredInd0false
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt07500
IRS990/FeesForServicesAccountingGrp/TotalAmt07500
IRS990/FeesForServicesLegalGrp/ManagementAndGeneralAmt08364
IRS990/FeesForServicesLegalGrp/TotalAmt08364
IRS990/FeesForServicesOtherGrp/ManagementAndGeneralAmt01490
IRS990/FeesForServicesOtherGrp/TotalAmt01490
IRS990/FeesForSrvcInvstMgmntFeesGrp/ManagementAndGeneralAmt012086
IRS990/FeesForSrvcInvstMgmntFeesGrp/TotalAmt012086
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignOfficeInd0false
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt03.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt12.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt22.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/PersonNm0PAUL HAYS
IRS990/Form990PartVIISectionAGrp/PersonNm1RAYMOND CZWAKIEL
IRS990/Form990PartVIISectionAGrp/PersonNm2KATHLEEN O'DONNELL
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/TitleTxt0PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt1TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt2SECRETARY
IRS990/Form990ProvidedToGvrnBodyInd0false
IRS990/FormationYr02002
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedInd0false
IRS990/FundraisingActivitiesInd0false
IRS990/GainOrLossGrp/SecuritiesAmt04385
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt03
IRS990/GrantAmt047221
IRS990/GrantsPayableGrp/BOYAmt050000
IRS990/GrantsToDomesticOrgsGrp/ProgramServicesAmt047221
IRS990/GrantsToDomesticOrgsGrp/TotalAmt047221
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0true
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossAmountSalesAssetsGrp/SecuritiesAmt015749
IRS990/GrossReceiptsAmt0135593
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IndependentAuditFinclStmtInd0false
IRS990/IndependentVotingMemberCnt03
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InformationTechnologyGrp/ManagementAndGeneralAmt04899
IRS990/InformationTechnologyGrp/TotalAmt04899
IRS990/InsuranceGrp/ManagementAndGeneralAmt0462
IRS990/InsuranceGrp/TotalAmt0462
IRS990/InvestmentIncomeGrp/ExclusionAmt046461
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt046461
IRS990/InvestmentInJointVentureInd0false
IRS990/InvestmentsPubTradedSecGrp/BOYAmt01517302
IRS990/InvestmentsPubTradedSecGrp/EOYAmt01635768
IRS990/IRPDocumentCnt03
IRS990/IRPDocumentW2GCnt00
IRS990/LegalDomicileStateCd0MA
IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt011364
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0MAINTAIN AND SUPPORT THE PUBLIC LIBRARY IN THE TOWN OF MILTON, MA.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt01648081
IRS990/NetAssetsOrFundBalancesEOYAmt01789802
IRS990/NetGainOrLossInvestmentsGrp/RelatedOrExemptFuncIncomeAmt04385
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt04385
IRS990/NetUnrlzdGainsLossesInvstAmt0112127
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt01066947
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt01191356
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd0false
IRS990/OfficeExpensesGrp/FundraisingAmt012144
IRS990/OfficeExpensesGrp/TotalAmt012144
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherExpensesGrp/Desc0BANK CHARGES
IRS990/OtherExpensesGrp/Desc1TAXES & FILING FEES
IRS990/OtherExpensesGrp/FundraisingAmt0399
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt070
IRS990/OtherExpensesGrp/TotalAmt0399
IRS990/OtherExpensesGrp/TotalAmt170
IRS990/OtherWebsiteInd0X
IRS990/PartialLiquidationInd0false
IRS990/PoliticalCampaignActyInd0false
IRS990/PrincipalOfficerNm0RAYMOND CZWAKIEL
IRS990/ProfessionalFundraisingInd0false
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0158647
IRS990/PYExcessBenefitTransInd0false
IRS990/PYGrantsAndSimilarPaidAmt057241
IRS990/PYInvestmentIncomeAmt0281641
IRS990/PYOtherExpensesAmt039775
IRS990/PYRevenuesLessExpensesAmt0343272
IRS990/PYTotalExpensesAmt097016
IRS990/PYTotalRevenueAmt0440288
IRS990/ReconcilationRevenueExpnssAmt029594
IRS990/RegularMonitoringEnfrcInd0false
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0false
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/Contribution35ControlledInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/ContributionControllerInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/ContributionFamilyInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/ControlledDisqualifiedPrsnInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/DisqualifiedPrsnControllIntInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/DisqualifiedPrsnOwnrIntInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/ExcessBusinessHoldingsRulesInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/ListedByNameGoverningDocInd0true
IRS990ScheduleA/Form990SchASupportingOrgGrp/LoanDisqualifiedPersonInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/OrganizationChangeSuprtOrgInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/PaymentSubstantialContribtrInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgNotOrganizedUSInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgSectionC456Ind0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportNonSupportedOrgInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/SuprtOrgNoIRSDeterminationInd0false
IRS990ScheduleA/Form990SchAType3FuncIntGrp/GovernmentalEntityInd0X
IRS990ScheduleA/Form990SchAType3SprtOrgAllGrp/OfficersCloseRelationshipInd0true
IRS990ScheduleA/Form990SchAType3SprtOrgAllGrp/SupportedOrgVoiceInvestmentInd0true
IRS990ScheduleA/Form990SchAType3SprtOrgAllGrp/TimelyProvidedDocumentsInd0true
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0A TRUSTEE OF THE SUPPORTED ORGANIZATION IS ON THE BOARD OF THE MILTON LIBRARY FOUNDATION, ATTENDING ALL BOARD MEETINGS. THE BOARD IS RESPONSIBLE FOR INVESTMENT DECISIONS AND ONGOING FINANCIAL REVIEW OF THOSE INVESTMENTS. IN ADDITION, THE LIBRARY DIRECTOR RECEIVES THE MONTHLY TREASURER'S REPORTS, INCLUDING INVESTMENT ACTIVITY AND BALANCES, AND COMMUNICATES WITH THE FOUNDATION THROUGHOUT THE YEAR CONCERNING LIBRARY NEEDS AND TIMING OF GRANTS TO MEET THOSE NEEDS.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt1THE MILTON LIBRARY FOUNDATION WAS ESTABLISHED IN 2002 TO MAINTAIN AND SUPPORT THE PUBLIC LIBRARY IN THE TOWN OF MILTON, MASSACHUSETTS. PRIMARY SUPPORT FOR THE LIBRARY IS THROUGH TOWN FUNDING. THE FOUNDATION PROVIDED GRANTS IN THE AMOUNT OF 57,241 DURING THE CURRENT YEAR AS ADDITIONAL SUPPORT FOR THIS GOVERNMENT ENTITY.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0PART IV, SECTION D, LINE 3
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc1PART IV, SECTION E, LINE 1C
IRS990ScheduleA/OtherSupportSumAmt00
IRS990ScheduleA/SupportedOrganizationsCnt01
IRS990ScheduleA/SupportedOrganizationsTotalCnt01
IRS990ScheduleA/SupportedOrgInformationGrp/EIN0202635739
IRS990ScheduleA/SupportedOrgInformationGrp/GoverningDocumentListedInd0true
IRS990ScheduleA/SupportedOrgInformationGrp/OrganizationTypeCd06
IRS990ScheduleA/SupportedOrgInformationGrp/OtherSupportAmt00
IRS990ScheduleA/SupportedOrgInformationGrp/SupportAmt047221
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt0MILTON PUBLIC LIBRARY
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine2Txt0MILTON PUBLIC LIBRARY
IRS990ScheduleA/SupportingOrganization509a3Ind0X
IRS990ScheduleA/SupportingOrgType3FuncIntInd0X
IRS990ScheduleA/SupportSumAmt047221
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/CYEndwmtFundGrp/BeginningYearBalanceAmt01517303
IRS990ScheduleD/CYEndwmtFundGrp/EndYearBalanceAmt01634767
IRS990ScheduleD/CYEndwmtFundGrp/GrantsOrScholarshipsAmt032421
IRS990ScheduleD/CYEndwmtFundGrp/InvestmentEarningsOrLossesAmt0149885
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/BeginningYearBalanceAmt01765417
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/EndYearBalanceAmt01517303
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0-248114
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/BeginningYearBalanceAmt01431127
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/ContributionsAmt058000
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/EndYearBalanceAmt01765417
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/GrantsOrScholarshipsAmt043806
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0320096
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/BeginningYearBalanceAmt01351866
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/ContributionsAmt0125000
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/EndYearBalanceAmt01431127
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/GrantsOrScholarshipsAmt010237
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0-35502
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/BeginningYearBalanceAmt01079424
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/ContributionsAmt080000
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/EndYearBalanceAmt01351866
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/GrantsOrScholarshipsAmt015211
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0207653
IRS990ScheduleD/EndowmentsHeldRelatedOrgInd0false
IRS990ScheduleD/EndowmentsHeldUnrelatedOrgInd0false
IRS990ScheduleI/GrantRecordsMaintainedInd0false
IRS990ScheduleI/RecipientTable/CashGrantAmt047221
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0LIBRARY SUPPORT
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0MILTON PUBLIC LIBRARY
IRS990ScheduleI/RecipientTable/RecipientEIN0202635739
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt0476 CANTON AVE
IRS990ScheduleI/RecipientTable/USAddress/CityNm0MILTON
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd0MA
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd002186
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0FORM 990 IS REVIEWED BY THE TREASURER BEFORE FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 19
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0MA
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt01700129
IRS990/TotalAssetsEOYAmt01796518
IRS990/TotalAssetsGrp/BOYAmt01700129
IRS990/TotalAssetsGrp/EOYAmt01796518
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt073383
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt012543
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt034871
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt047221
IRS990/TotalFunctionalExpensesGrp/TotalAmt094635
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt052048
IRS990/TotalLiabilitiesEOYAmt06716
IRS990/TotalLiabilitiesGrp/BOYAmt052048
IRS990/TotalLiabilitiesGrp/EOYAmt06716
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt01648081
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt01789802
IRS990/TotalProgramServiceExpensesAmt047221
IRS990/TotalRevenueGrp/ExclusionAmt046461
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt04385
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0124229
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt01700129
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt01796518
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0476 CANTON AVENUE
IRS990/USAddress/CityNm0MILTON
IRS990/USAddress/StateAbbreviationCd0MA
IRS990/USAddress/ZIPCd002186
IRS990/VotingMembersGoverningBodyCnt03
IRS990/VotingMembersIndependentCnt03
IRS990/WebsiteAddressTxt0WWW.MILTONLIBRARY.ORG/FOUNDATION
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0RAYMOND CZWAKIEL
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0TREASURER
ReturnHeader/BusinessOfficerGrp/SignatureDt02023-11-28
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0MILTON LIBRARY FOUNDATION INC
ReturnHeader/Filer/BusinessNameControlTxt0MILT
ReturnHeader/Filer/EIN0043614024
ReturnHeader/Filer/PhoneNum06176985757
ReturnHeader/Filer/USAddress/AddressLine1Txt0476 CANTON AVENUE
ReturnHeader/Filer/USAddress/CityNm0MILTON
ReturnHeader/Filer/USAddress/StateAbbreviationCd0MA
ReturnHeader/Filer/USAddress/ZIPCd002186
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0false
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0204061852
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0DAVID M PINKHAM CPA LLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0475 SCHOOL STREET SUITE 13
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0MARSHFIELD
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0MA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd002050
ReturnHeader/PreparerPersonGrp/PhoneNum07818340444
ReturnHeader/PreparerPersonGrp/PreparationDt02023-11-28
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0DAVID M PINKHAM
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02023-12-06T12:09:51-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0RAYMOND
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0CZWAKIEL
ReturnHeader/TaxPeriodBeginDt02022-07-01
ReturnHeader/TaxPeriodEndDt02023-06-30
ReturnHeader/TaxYr02022

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2023 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$1,796,518
Liabilities
$6,716
Net assets
$1,789,802
Revenue
$124,229
Expenses
$94,635
Net income
$29,594
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$2.09$0.01$2.08$0.20$0.16$0.04
2024Detailed filing. Detailed filing data is available for this year.$1.99$0.02$1.98$0.21$0.06$0.15
2023Detailed filing. Detailed filing data is available for this year.$1.80$0.01$1.79$0.12$0.09$0.03
2022Detailed filing. Detailed filing data is available for this year.$1.70$0.05$1.65$0.44$0.10$0.34
2021Detailed filing. Detailed filing data is available for this year.$1.91$0.09$1.82$0.25$0.14$0.11
2020Summary only. Only limited summary data is available for this year.$1.51$0.06$1.45$0.04$0.08$0.04
2019Detailed filing. Detailed filing data is available for this year.$1.58$0.03$1.55$0.26$0.15$0.10
2018Detailed filing. Detailed filing data is available for this year.$1.28$0.00$1.28$0.23$0.18$0.05
2017Detailed filing. Detailed filing data is available for this year.$1.33$0.00$1.33$0.22$0.10$0.12
2016Detailed filing. Detailed filing data is available for this year.$1.11$0.00$1.10$0.22$0.04$0.18
2015Detailed filing. Detailed filing data is available for this year.$0.87$0.00$0.87$0.08$0.03$0.06
2014Detailed filing. Detailed filing data is available for this year.$0.83$0.00$0.83$0.19$0.07$0.12
2013Detailed filing. Detailed filing data is available for this year.$0.71$0.00$0.71$0.21$0.04$0.18
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.53$0.01$0.52$0.07
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.37$0.00$0.37$0.19$0.11$0.08
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.29$0.00$0.29$0.10$0.07$0.03