Civic Intelligence

Clapp Memorial Library Inc.

990 • Fiscal year 2023 • EIN 04-6068806

Jul 01, 2022 to Jun 30, 2023 • Filed on Sep 14, 2023

19 South Main StreetBelchertown, MA 01007

(413) 323-0417

Siviq Scores

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

Liabilities / Assets

22nd percentile

0.00x

Higher debt load relative to assets than 22% of similar nonprofits.

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

Liabilities / Revenue

29th percentile

0.01x

Higher debt load relative to revenue than 29% of similar nonprofits.

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

Net Margin

87th percentile

40%

Higher net margin than 87% 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

86th percentile

61%

Faster revenue growth than 86% of similar nonprofits.

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

Assets

Up

$1,381,808

Up $74,463 (+5.7%) from 2022

Net Assets

Up

$1,379,489

Up $74,469 (+5.7%) from 2022

Liabilities

Down

$2,319

Down $6 (-0.3%) from 2022

Revenue

Up

$158,137

Up $59,718 (+61%) from 2022

Expenses

Up

$94,517

Up $43,476 (+85%) from 2022

Net Income

Up

$63,620

Up $16,242 (+34%) from 2022

Historical Trend

Balance Sheet Trend

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

$2.0M$1.5M$1.0M$500K$0Assets 2010: $711,357Liabilities 2010: $2,250Net Assets 2010: $709,1072010Assets 2011: $747,074Liabilities 2011: $2,325Net Assets 2011: $744,7492011Assets 2012: $769,546Liabilities 2012: $2,325Net Assets 2012: $767,2212012Assets 2013: $913,847Liabilities 2013: $2,325Net Assets 2013: $911,5222013Assets 2014: $940,028Liabilities 2014: $2,325Net Assets 2014: $937,7032014Assets 2015: $918,899Liabilities 2015: $2,325Net Assets 2015: $916,5742015Assets 2016: $926,807Liabilities 2016: $2,325Net Assets 2016: $924,4822016Assets 2017: $950,284Liabilities 2017: $2,325Net Assets 2017: $947,9592017Assets 2018: $970,090Liabilities 2018: $2,325Net Assets 2018: $967,7652018Assets 2019: $990,695Liabilities 2019: $2,325Net Assets 2019: $988,3702019Assets 2020: $1,130,937Liabilities 2020: $2,325Net Assets 2020: $1,128,6122020Assets 2021: $1,294,309Liabilities 2021: $2,325Net Assets 2021: $1,291,9842021Assets 2022: $1,307,345Liabilities 2022: $2,325Net Assets 2022: $1,305,0202022Assets 2023: $1,381,808Liabilities 2023: $2,319Net Assets 2023: $1,379,4892023Assets 2024: $1,422,155Liabilities 2024: $2,326Net Assets 2024: $1,419,8292024Assets 2025: $1,500,513Liabilities 2025: $2,321Net Assets 2025: $1,498,1922025

Highlighted filing

2023

Assets$1,381,808
Liabilities$2,319
Net Assets$1,379,489

Operations Trend

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

$300K$200K$100K$0-$100KRevenue 2010: $277,479Expenses 2010: $65,516Net Income 2010: $211,9632010Expenses 2011: $39,1982011Expenses 2012: $47,1742012Revenue 2013: $98,185Expenses 2013: $36,232Net Income 2013: $61,9532013Revenue 2014: $47,831Expenses 2014: $33,546Net Income 2014: $14,2852014Revenue 2015: $68,610Expenses 2015: $90,864Net Income 2015: -$22,2542015Revenue 2016: $88,195Expenses 2016: $76,888Net Income 2016: $11,3072016Revenue 2017: $59,544Expenses 2017: $43,500Net Income 2017: $16,0442017Revenue 2018: $57,507Expenses 2018: $43,737Net Income 2018: $13,7702018Revenue 2019: $94,224Expenses 2019: $67,792Net Income 2019: $26,4322019Revenue 2020: $182,939Expenses 2020: $53,622Net Income 2020: $129,3172020Revenue 2021: $149,944Expenses 2021: $43,593Net Income 2021: $106,3512021Revenue 2022: $98,419Expenses 2022: $51,041Net Income 2022: $47,3782022Revenue 2023: $158,137Expenses 2023: $94,517Net Income 2023: $63,6202023Revenue 2024: $138,673Expenses 2024: $123,211Net Income 2024: $15,4622024Revenue 2025: $224,343Expenses 2025: $166,346Net Income 2025: $57,9972025

Highlighted filing

2023

Revenue$158,137
Expenses$94,517
Net Income$63,620
Jump To
Filing Snapshot
Filing Period
Jul 1, 2022 to Jun 30, 2023
Signed
Sep 14, 2023
Return Version
2022v5.0
Gross Receipts
$158,137
Mission and Program Overview

Mission

The clapp memorial library is a popular and dynamic community resource which strives to satisfy the need for high quality, comprehensive public library services in areas that are among the most important to the belchertown community.

PUBLIC LIBRARY SERVICES

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$743,503$738,034▼ $5,469
Investments Other Securities$226,715$247,179▲ $20,464
Cash and Non-Interest-Bearing Accounts$188,438$228,438▲ $40,000
Accounts Receivable$100,447$101,898▲ $1,451
Land, Buildings, and Equipment, Net$48,242$64,028▲ $15,786
Prepaid Expenses and Deferred Charges-$2,231-
Total Assets$1,307,345$1,381,808▲ $74,463
Liabilities
Accounts Payable and Accrued Expenses$2,325$2,319▼ $6
Total Liabilities$2,325$2,319▼ $6
Net Assets / Fund Balance
Net Assets With Donor Restrictions$750,501$761,912▲ $11,411
Net Assets Without Donor Restrictions$554,519$617,577▲ $63,058
Total Net Assets Fund Balance$1,305,020$1,379,489▲ $74,469
Total Liabilities and Net Assets / Fund Balance$1,307,345$1,381,808▲ $74,463

Asset Categories

AssetBook ValueDepreciationBasis
Leasehold Improvements$61,196$6,484$67,680
Equipment$2,832$436$3,268
Other Securities$247,179--
Compensation and Service Providers

Board Members and Trustees

NameTitle
Bill McclurePresident
ABBY O'BRIENVice President
Carol St AmandTrustee
Denise SmithSecretary
Kerri SheppardTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$112,209
Program Service Revenue
$22,594
Investment Income
$23,334
Other Revenue
$0
All Other Contributions
$112,209
Change in Net Assets
$63,620
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$94,517
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
All Other Expenses$9,129$4,918-$14,047
Other Expenses$7,716$2,951-$10,667
Fees for Services Accounting-$3,050-$3,050
Advertising$2,924--$2,924
Depreciation Depletion$2,838--$2,838
Insurance$1,100--$1,100
Total Functional Expenses$83,598$10,919$0$94,517
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
No
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, Part VI, Section B, Line 11B

The board of directors reviews and approves the form 990 before it is filed.

Form 990, Part VI, Section B, Line 12C

The clapp memorial library follows conflict of interest regulations as required by the town of belchertown and the state of massachusetts. Staff and trustees take an online test and file results with the town clerk.

Form 990, Part VI, Section C, Line 18

Made available upon request

Form 990, Part VI, Section C, Line 19

Made available upon request

Filing and Contact Details

Filer

Filer Name
Clapp Memorial Library Inc
EIN
04-6068806
Phone
4133230417
Address
19 SOUTH MAIN STREET, BELCHERTOWN, MA 01007

Signing Officer

Name
Kerri Sheppard
Title
Treasurer
Phone
4133230417
Signed
2023-09-14
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Kerri Sheppard
Formed
1914
Legal Domicile
Ma
Voting Board Members
5
Independent Board Members
5
Employees
0
Volunteers
1

Preparer

Firm
Teixeira CPA Pc
Address
78 MAIN ST, NORTHAMPTON, MA 01060
Preparer
Fernando Teixeira
Phone
4135860990
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 24E

Repairs and maintenance: program service expenses 5,364. Management and general expenses 0. Fundraising expenses 0. Total expenses 5,364. Contract services: program service expenses 0. Management and general expenses 4,848. Fundraising expenses 0. Total expenses 4,848. Dues and subscriptions: program service expenses 1,847. Management and general expenses 0. Fundraising expenses 0. Total expenses 1,847. Education and training: program service expenses 1,175. Management and general expenses 0. Fundraising expenses 0. Total expenses 1,175. Miscellaneous: program service expenses 322. Management and general expenses 0. Fundraising expenses 0. Total expenses 322. Supplies: program service expenses 318. Management and general expenses 0. Fundraising expenses 0. Total expenses 318. Telephone: program service expenses 97. Management and general expenses 0. Fundraising expenses 0. Total expenses 97. Trustee admin expenses: program service expenses 0. Management and general expenses 70. Fundraising expenses 0. Total expenses 70. Campaign expenses: program service expenses 6. Management and general expenses 0. Fundraising expenses 0. Total expenses 6.

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IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt061196
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt06484
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt067680
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt0247179
IRS990ScheduleD/OtherSecuritiesGrp/Desc0EQUITY SECURITIES
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd0F
IRS990ScheduleD/TotalBookValueLandBuildingsAmt064028
IRS990ScheduleD/TotalBookValueSecuritiesAmt0247179
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE BOARD OF DIRECTORS REVIEWS AND APPROVES THE FORM 990 BEFORE IT IS FILED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE CLAPP MEMORIAL LIBRARY FOLLOWS CONFLICT OF INTEREST REGULATIONS AS REQUIRED BY THE TOWN OF BELCHERTOWN AND THE STATE OF MASSACHUSETTS. STAFF AND TRUSTEES TAKE AN ONLINE TEST AND FILE RESULTS WITH THE TOWN CLERK.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2MADE AVAILABLE UPON REQUEST
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3MADE AVAILABLE UPON REQUEST
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4REPAIRS AND MAINTENANCE: PROGRAM SERVICE EXPENSES 5,364. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 5,364. CONTRACT SERVICES: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 4,848. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 4,848. DUES AND SUBSCRIPTIONS: PROGRAM SERVICE EXPENSES 1,847. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 1,847. EDUCATION AND TRAINING: PROGRAM SERVICE EXPENSES 1,175. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 1,175. MISCELLANEOUS: PROGRAM SERVICE EXPENSES 322. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 322. SUPPLIES: PROGRAM SERVICE EXPENSES 318. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 318. TELEPHONE: PROGRAM SERVICE EXPENSES 97. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 97. TRUSTEE ADMIN EXPENSES: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 70. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 70. CAMPAIGN EXPENSES: PROGRAM SERVICE EXPENSES 6. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 6.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION C, LINE 18
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART IX, LINE 24E
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0MA
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt01307345
IRS990/TotalAssetsEOYAmt01381808
IRS990/TotalAssetsGrp/BOYAmt01307345
IRS990/TotalAssetsGrp/EOYAmt01381808
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt0112209
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt010919
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt083598
IRS990/TotalFunctionalExpensesGrp/TotalAmt094517
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt02325
IRS990/TotalLiabilitiesEOYAmt02319
IRS990/TotalLiabilitiesGrp/BOYAmt02325
IRS990/TotalLiabilitiesGrp/EOYAmt02319
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt01305020
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt01379489
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt083598
IRS990/TotalProgramServiceRevenueAmt022594
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt045928
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0158137
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt01
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt01307345
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt01381808
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt019 SOUTH MAIN STREET
IRS990/USAddress/CityNm0BELCHERTOWN
IRS990/USAddress/StateAbbreviationCd0MA
IRS990/USAddress/ZIPCd001007
IRS990/VotingMembersGoverningBodyCnt05
IRS990/VotingMembersIndependentCnt05
IRS990/WebsiteAddressTxt0WWW.CLAPPLIBRARY.ORG
IRS990/WhistleblowerPolicyInd00
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd02
ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0KERRI SHEPPARD
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0TREASURER
ReturnHeader/BusinessOfficerGrp/PhoneNum04133230417
ReturnHeader/BusinessOfficerGrp/SignatureDt02023-09-14
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0CLAPP MEMORIAL LIBRARY INC
ReturnHeader/Filer/BusinessNameControlTxt0CLAP
ReturnHeader/Filer/EIN0046068806
ReturnHeader/Filer/PhoneNum04133230417
ReturnHeader/Filer/USAddress/AddressLine1Txt019 SOUTH MAIN STREET
ReturnHeader/Filer/USAddress/CityNm0BELCHERTOWN
ReturnHeader/Filer/USAddress/StateAbbreviationCd0MA
ReturnHeader/Filer/USAddress/ZIPCd001007
ReturnHeader/IRSResponsiblePrtyInfoCurrInd00
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0042944648
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0TEIXEIRA CPA PC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt078 MAIN ST
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0NORTHAMPTON
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0MA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd001060
ReturnHeader/PreparerPersonGrp/PhoneNum04135860990
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0FERNANDO TEIXEIRA
ReturnHeader/ReturnTs02023-09-14T10:41:35-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0KERRI
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0SHEPPARD
ReturnHeader/TaxPeriodBeginDt02022-07-01
ReturnHeader/TaxPeriodEndDt02023-06-30
ReturnHeader/TaxYr02022

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.50$0.00$1.50$0.22$0.17$0.06
2024Detailed filing. Detailed filing data is available for this year.$1.42$0.00$1.42$0.14$0.12$0.02
2023Detailed filing. Detailed filing data is available for this year.$1.38$0.00$1.38$0.16$0.09$0.06
2022Detailed filing. Detailed filing data is available for this year.$1.31$0.00$1.31$0.10$0.05$0.05
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.29$0.00$1.29$0.15$0.04$0.11
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.13$0.00$1.13$0.18$0.05$0.13
2019Detailed filing. Detailed filing data is available for this year.$0.99$0.00$0.99$0.09$0.07$0.03
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.97$0.00$0.97$0.06$0.04$0.01
2017Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.95$0.00$0.95$0.06$0.04$0.02
2016Detailed filing. Detailed filing data is available for this year.$0.93$0.00$0.92$0.09$0.08$0.01
2015Import issue. A filing source exists for this year, but detailed import did not complete cleanly.$0.92$0.00$0.92$0.07$0.09$0.02
2014Detailed filing. Detailed filing data is available for this year.$0.94$0.00$0.94$0.05$0.03$0.01
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.91$0.00$0.91$0.10$0.04$0.06
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.77$0.00$0.77$0.05
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.75$0.00$0.74$0.04
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.71$0.00$0.71$0.28$0.07$0.21
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