Civic Intelligence

Libra Foundation Owen W Wells Trustee

990PF • Fiscal year 2016 • EIN 04-6626994

Jan 01, 2016 to Dec 31, 2016 • Filed on May 12, 2017

Three Canal Plaza PO Box 17516Portland, ME 04112-8516

(207) 879-6280

Siviq Scores

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

Liabilities / Assets

13th percentile

0.01x

Higher debt load relative to assets than 13% of similar nonprofits.

2016 filings • $100M-$250M nonprofits • Source year 2016

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on this filing.

Source year 2016

Net Margin

100th percentile

1813%

Higher net margin than 100% of similar nonprofits.

2016 filings • $100M-$250M 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

11th percentile

-5.6%

Faster asset growth than 11% of similar nonprofits.

2016 filings • $100M-$250M nonprofits • Annualized from 2015 to 2016

Revenue Growth

Score unavailable

No value available

A valid growth rate could not be computed from the available filing history.

Annualized from 2015 to 2016

Assets

Down

$117,915,194

Down $7,017,947 (-5.6%) from 2015

Net Assets

Down

$116,656,908

Down $6,857,651 (-5.6%) from 2015

Liabilities

Down

$1,258,286

Down $160,296 (-11%) from 2015

Revenue

Down

-$400,644

Down $1,375,502 (-141%) from 2015

Expenses

Up

$6,861,897

Up $153,188 (+2.3%) from 2015

Net Income

Down

-$7,262,541

Down $1,528,690 (-27%) from 2015

Historical Trend

Balance Sheet Trend

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

$300M$200M$100M$0Assets 2011: $146,547,075Liabilities 2011: $1,145,7502011Assets 2012: $140,287,581Liabilities 2012: $928,589Net Assets 2012: $139,358,9922012Assets 2013: $138,874,861Liabilities 2013: $637,255Net Assets 2013: $138,237,6062013Assets 2014: $133,079,313Liabilities 2014: $1,125,569Net Assets 2014: $131,953,7442014Assets 2015: $124,933,141Liabilities 2015: $1,418,582Net Assets 2015: $123,514,5592015Assets 2016: $117,915,194Liabilities 2016: $1,258,286Net Assets 2016: $116,656,9082016Assets 2017: $200,510,123Liabilities 2017: $5,784,751Net Assets 2017: $194,725,3722017Assets 2018: $201,686,769Liabilities 2018: $2,725,188Net Assets 2018: $198,961,5812018Assets 2019: $202,681,986Liabilities 2019: $964,364Net Assets 2019: $201,717,6222019Assets 2020: $199,450,345Liabilities 2020: $757,026Net Assets 2020: $198,693,3192020Assets 2021: $194,515,715Liabilities 2021: $638,659Net Assets 2021: $193,877,0562021Assets 2022: $174,993,751Liabilities 2022: $392,441Net Assets 2022: $174,601,3102022Assets 2023: $170,023,543Liabilities 2023: $419,687Net Assets 2023: $169,603,8562023Assets 2024: $161,557,671Liabilities 2024: $387,213Net Assets 2024: $161,170,4582024

Highlighted filing

2016

Assets$117,915,194
Liabilities$1,258,286
Net Assets$116,656,908

Operations Trend

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

$100M$50M$0-$50MRevenue 2011: $1,457,847Expenses 2011: $10,390,755Net Income 2011: -$8,932,9082011Expenses 2012: $9,482,5792012Revenue 2013: $1,762,354Expenses 2013: $6,540,639Net Income 2013: -$4,778,2852013Revenue 2014: $1,225,716Expenses 2014: $6,134,406Net Income 2014: -$4,908,6902014Revenue 2015: $974,858Expenses 2015: $6,708,709Net Income 2015: -$5,733,8512015Revenue 2016: -$400,644Expenses 2016: $6,861,897Net Income 2016: -$7,262,5412016Revenue 2017: $90,213,216Expenses 2017: $12,869,998Net Income 2017: $77,343,2182017Revenue 2018: $22,082,410Expenses 2018: $10,319,968Net Income 2018: $11,762,4422018Revenue 2019: $435,378Expenses 2019: $9,412,972Net Income 2019: -$8,977,5942019Revenue 2020: $2,837,625Expenses 2020: $8,856,909Net Income 2020: -$6,019,2842020Revenue 2021: $7,192,031Expenses 2021: $9,143,227Net Income 2021: -$1,951,1962021Revenue 2022: -$2,662,658Expenses 2022: $9,064,186Net Income 2022: -$11,726,8442022Revenue 2023: -$339,498Expenses 2023: $9,054,568Net Income 2023: -$9,394,0662023Revenue 2024: -$1,523,256Expenses 2024: $8,208,021Net Income 2024: -$9,731,2772024

Highlighted filing

2016

Revenue-$400,644
Expenses$6,861,897
Net Income-$7,262,541
Jump To
Filing Snapshot
Filing Period
Jan 1, 2016 to Dec 31, 2016
Signed
May 12, 2017
Return Version
2016v3.0
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
CRAIG N DENEKASChairman/CEOFT$284,738$61,113$345,851
JERE G MICHELSONPresident/COO/CFOFT$279,561$57,729$337,290
ERIK HAYWARDSenior Vice PresidentFT$151,044$41,978$193,022
OWEN W WELLSTrusteePT$70,318$37,214$107,532
PENDRED E NOYCETrusteePT$0--
WILLIAM J RYANTrusteePT$0--
Filing and Contact Details

Filer

Filer Name
Libra Foundation
EIN
04-6626994
Phone
2078796280
Address
THREE CANAL PLAZA PO BOX 17516, PORTLAND, ME 04112-8516

Signing Officer

Name
Jere G Michelson
Title
President, COO, CFO
Phone
2078796280
Signed
2017-05-12
Discuss with paid preparer
Yes

Preparer

Firm
Dawson Smith Purvis & Bassett Pa
Address
15 CASCO STREET, PORTLAND, ME 04101-2902
Preparer
Kirk Purvis
Phone
2078740355
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DepreciationSchedule/DepreciationPropertyGrp/CostOrOtherBasisAmt801363
DepreciationSchedule/DepreciationPropertyGrp/CostOrOtherBasisAmt81580
DepreciationSchedule/DepreciationPropertyGrp/CostOrOtherBasisAmt8250676
DepreciationSchedule/DepreciationPropertyGrp/CostOrOtherBasisAmt8348938
DepreciationSchedule/DepreciationPropertyGrp/CostOrOtherBasisAmt8449386
DepreciationSchedule/DepreciationPropertyGrp/CostOrOtherBasisAmt8576707
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DepreciationSchedule/DepreciationPropertyGrp/CostOrOtherBasisAmt8755415
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DepreciationSchedule/DepreciationPropertyGrp/CostOrOtherBasisAmt891658
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DepreciationSchedule/DepreciationPropertyGrp/CostOrOtherBasisAmt92991
DepreciationSchedule/DepreciationPropertyGrp/CurrentYearExpenseAmt00
DepreciationSchedule/DepreciationPropertyGrp/CurrentYearExpenseAmt10
DepreciationSchedule/DepreciationPropertyGrp/CurrentYearExpenseAmt20
DepreciationSchedule/DepreciationPropertyGrp/CurrentYearExpenseAmt30
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DepreciationSchedule/DepreciationPropertyGrp/CurrentYearExpenseAmt100
DepreciationSchedule/DepreciationPropertyGrp/CurrentYearExpenseAmt110
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DepreciationSchedule/DepreciationPropertyGrp/CurrentYearExpenseAmt130
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DepreciationSchedule/DepreciationPropertyGrp/CurrentYearExpenseAmt150
DepreciationSchedule/DepreciationPropertyGrp/CurrentYearExpenseAmt160
DepreciationSchedule/DepreciationPropertyGrp/CurrentYearExpenseAmt170
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DepreciationSchedule/DepreciationPropertyGrp/CurrentYearExpenseAmt190
DepreciationSchedule/DepreciationPropertyGrp/CurrentYearExpenseAmt200
DepreciationSchedule/DepreciationPropertyGrp/CurrentYearExpenseAmt210
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DepreciationSchedule/DepreciationPropertyGrp/CurrentYearExpenseAmt240
DepreciationSchedule/DepreciationPropertyGrp/CurrentYearExpenseAmt250
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DepreciationSchedule/DepreciationPropertyGrp/CurrentYearExpenseAmt270
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DepreciationSchedule/DepreciationPropertyGrp/CurrentYearExpenseAmt310
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DepreciationSchedule/DepreciationPropertyGrp/CurrentYearExpenseAmt330
DepreciationSchedule/DepreciationPropertyGrp/CurrentYearExpenseAmt340
DepreciationSchedule/DepreciationPropertyGrp/CurrentYearExpenseAmt350
DepreciationSchedule/DepreciationPropertyGrp/CurrentYearExpenseAmt360
DepreciationSchedule/DepreciationPropertyGrp/CurrentYearExpenseAmt370
DepreciationSchedule/DepreciationPropertyGrp/CurrentYearExpenseAmt380
DepreciationSchedule/DepreciationPropertyGrp/CurrentYearExpenseAmt390
DepreciationSchedule/DepreciationPropertyGrp/CurrentYearExpenseAmt400
DepreciationSchedule/DepreciationPropertyGrp/CurrentYearExpenseAmt410
DepreciationSchedule/DepreciationPropertyGrp/CurrentYearExpenseAmt420
DepreciationSchedule/DepreciationPropertyGrp/CurrentYearExpenseAmt430
DepreciationSchedule/DepreciationPropertyGrp/CurrentYearExpenseAmt440
DepreciationSchedule/DepreciationPropertyGrp/CurrentYearExpenseAmt450
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DepreciationSchedule/DepreciationPropertyGrp/CurrentYearExpenseAmt470
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DepreciationSchedule/DepreciationPropertyGrp/CurrentYearExpenseAmt79273
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DepreciationSchedule/DepreciationPropertyGrp/CurrentYearExpenseAmt843050
DepreciationSchedule/DepreciationPropertyGrp/CurrentYearExpenseAmt855100
DepreciationSchedule/DepreciationPropertyGrp/CurrentYearExpenseAmt863160
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DepreciationSchedule/DepreciationPropertyGrp/CurrentYearExpenseAmt883160
DepreciationSchedule/DepreciationPropertyGrp/CurrentYearExpenseAmt89221
DepreciationSchedule/DepreciationPropertyGrp/CurrentYearExpenseAmt90165
DepreciationSchedule/DepreciationPropertyGrp/CurrentYearExpenseAmt91174
DepreciationSchedule/DepreciationPropertyGrp/CurrentYearExpenseAmt920
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DepreciationSchedule/DepreciationPropertyGrp/LifeRt37.000000000000
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Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$162$0.39$161$1.52$8.21$9.73
2023Detailed filing. Detailed filing data is available for this year.$170$0.42$170$0.34$9.05$9.39
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$175$0.39$175$2.66$9.06$11.7
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$195$0.64$194$7.19$9.14$1.95
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$199$0.76$199$2.84$8.86$6.02
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$203$0.96$202$0.44$9.41$8.98
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$202$2.73$199$22.1$10.3$11.8
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$201$5.78$195$90.2$12.9$77.3
2016Detailed filing. Detailed filing data is available for this year.$118$1.26$117$0.40$6.86$7.26
2015Detailed filing. Detailed filing data is available for this year.$125$1.42$124$0.97$6.71$5.73
2014Detailed filing. Detailed filing data is available for this year.$133$1.13$132$1.23$6.13$4.91
2013Detailed filing. Detailed filing data is available for this year.$139$0.64$138$1.76$6.54$4.78
2012Detailed filing. Detailed filing data is available for this year.$140$0.93$139$9.48
2011Summary only. Only limited summary data is available for this year.$147$1.15$1.46$10.4$8.93