Civic Intelligence

Groton Public Library Endowment Trust

990 • Fiscal year 2021 • EIN 04-6819503

Jul 01, 2020 to Jun 30, 2021 • Filed on Oct 28, 2021

Organization Profilewww.gplendowment.org
PO Box 401Groton, MA 01450

(978) 448-8000

Siviq Scores

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

Liabilities / Assets

18th percentile

0.00x

Higher debt load relative to assets than 18% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2021

Liabilities / Revenue

20th percentile

0.00x

Higher debt load relative to revenue than 20% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2021

Net Margin

93rd percentile

70%

Higher net margin than 93% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2021

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.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2021

Asset Growth

78th percentile

31%

Faster asset growth than 78% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2020 to 2021

Revenue Growth

4th percentile

-52%

Faster revenue growth than 4% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2020 to 2021

Balance Sheet
Liabilities / Assets18th percentile

Assets

Up

$3,984,554

Up $944,048 (+31%) from 2020

Net Assets

Up

$3,983,886

Up $943,380 (+31%) from 2020

Liabilities

Up

$668

Up $668 from 2020

Revenue And Expenses
Liabilities / Revenue20th percentileNet Margin93rd percentile

Revenue

Down

$294,594

Down $322,875 (-52%) from 2020

Expenses

Down

$89,332

Down $5,048 (-5.3%) from 2020

Net Income

Down

$205,262

Down $317,827 (-61%) from 2020

Historical Trend

Balance Sheet Trend

Asset Growth78th percentile

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

$6.0M$4.0M$2.0M$0Assets 2011: $1,738,033Liabilities 2011: $0Net Assets 2011: $1,738,0332011Assets 2012: $1,650,918Liabilities 2012: $0Net Assets 2012: $1,650,9182012Assets 2013: $1,928,562Liabilities 2013: $0Net Assets 2013: $1,928,5622013Assets 2014: $2,288,447Liabilities 2014: $0Net Assets 2014: $2,288,4472014Assets 2015: $2,298,962Liabilities 2015: $0Net Assets 2015: $2,298,9622015Assets 2016: $2,212,683Liabilities 2016: $0Net Assets 2016: $2,212,6832016Assets 2017: $2,554,006Liabilities 2017: $0Net Assets 2017: $2,554,0062017Assets 2018: $2,768,415Liabilities 2018: $0Net Assets 2018: $2,768,4152018Assets 2019: $2,844,033Liabilities 2019: $0Net Assets 2019: $2,844,0332019Assets 2020: $3,040,506Liabilities 2020: $0Net Assets 2020: $3,040,5062020Assets 2021: $3,984,554Liabilities 2021: $668Net Assets 2021: $3,983,8862021Assets 2022: $3,353,491Liabilities 2022: $1,759Net Assets 2022: $3,351,7322022Assets 2023: $3,717,449Liabilities 2023: $1,280Net Assets 2023: $3,716,1692023Assets 2024: $4,192,419Liabilities 2024: $2,460Net Assets 2024: $4,189,9592024Assets 2025: $4,649,449Liabilities 2025: $1,108Net Assets 2025: $4,648,3412025

Highlighted filing

2021

Assets$3,984,554
Liabilities$668
Net Assets$3,983,886
Open 2021 Filing

Operations Trend

Revenue Growth4th percentile

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

$800K$600K$400K$200K$0-$200KExpenses 2011: $74,9872011Expenses 2012: $148,3542012Revenue 2013: $341,533Expenses 2013: $63,889Net Income 2013: $277,6442013Revenue 2014: $435,292Expenses 2014: $75,407Net Income 2014: $359,8852014Revenue 2015: $155,124Expenses 2015: $70,920Net Income 2015: $84,2042015Revenue 2016: $165,210Expenses 2016: $81,462Net Income 2016: $83,7482016Revenue 2017: $149,951Expenses 2017: $77,226Net Income 2017: $72,7252017Revenue 2018: $177,268Expenses 2018: $87,436Net Income 2018: $89,8322018Revenue 2019: $278,192Expenses 2019: $96,388Net Income 2019: $181,8042019Revenue 2020: $617,469Expenses 2020: $94,380Net Income 2020: $523,0892020Revenue 2021: $294,594Expenses 2021: $89,332Net Income 2021: $205,2622021Revenue 2022: $92,944Expenses 2022: $113,663Net Income 2022: -$20,7192022Revenue 2023: $69,377Expenses 2023: $120,011Net Income 2023: -$50,6342023Revenue 2024: $199,720Expenses 2024: $173,330Net Income 2024: $26,3902024Revenue 2025: $178,598Expenses 2025: $150,667Net Income 2025: $27,9312025

Highlighted filing

2021

Revenue$294,594
Expenses$89,332
Net Income$205,262
Open 2021 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2020 to Jun 30, 2021
Signed
Oct 28, 2021
Return Version
2020v4.0
Gross Receipts
$4,297,980
Mission and Program Overview

Mission

Suppport of the groton public library

Support of the groton public library

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$3,019,036$3,970,918▲ $951,882
Cash and Non-Interest-Bearing Accounts$21,470$13,636▼ $7,834
Total Assets$3,040,506$3,984,554▲ $944,048
Liabilities
Accounts Payable and Accrued Expenses$0$668▲ $668
Total Liabilities$0$668▲ $668
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$3,040,506$3,983,886▲ $943,380
Net Assets With Donor Restrictions$0$0→ $0
Total Net Assets Fund Balance$3,040,506$3,983,886▲ $943,380
Total Liabilities and Net Assets / Fund Balance$3,040,506$3,984,554▲ $944,048
Compensation and Service Providers
Top Officer Pay39th percentile

Board Members and Trustees

NameTitle
Connie KeeranChair
Vanessa AbrahamLibrary Director
John KonetznyTrustee
David ZeilerTrustee Liason
David RiggertSecretary Treasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$16,740
Program Service Revenue
$0
Investment Income
$277,854
Other Revenue
$0
All Other Contributions
$16,740
Change in Net Assets
$205,262
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$89,332
Total Fundraising Expense$3,494
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Accounting-$6,186-$6,186
Other Expenses$0$890$0$890
Total Functional Expenses$78,762$7,076$3,494$89,332
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
Audit committee
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

“Distributed and reviewed by Trustees prior to filing.”

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

“Policy review at Trustee meeting.”

Form 990, Part VI, Section C, Line 18

“UPON REQUEST”

Form 990, Part VI, Section C, Line 19

“Upon request.”

Filing and Contact Details

Filer

Filer Name
Groton Public Library Endowment Tr
EIN
04-6819503
Phone
9784488000
Address
PO BOX 401, GROTON, MA 01450

Signing Officer

Name
Connie Keeran
Title
Chair
Phone
9783027938
Signed
2021-10-28

Organization Details

Principal Officer
Connie Keeran
Formed
1996
Legal Domicile
Ma
Voting Board Members
5
Independent Board Members
5
Employees
0
Volunteers
4
Supplemental Narrative

Additional Explanations

Form 990, Part IV, Line 1

“Control of management of supported orgs: groton public library endowment trust provides support for the groton public library which is controlled by the town of groton massachusetts.”

Form 990, Part XII, Line 2C

“There have been no changes”

Raw XML Appendix356 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/AccountantCompileOrReviewInd01
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt00
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt0668
IRS990/AcctCompileOrReviewBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0SUPPORT OF THE GROTON PUBLIC LIBRARY
IRS990/AllOtherContributionsAmt016740
IRS990/AnnualDisclosureCoveredPrsnInd01
IRS990/AuditCommitteeInd01
IRS990/BooksInCareOfDetail/PersonNm0Connie Keeran Chair
IRS990/BooksInCareOfDetail/PhoneNum09783027938
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0PO BOX 401
IRS990/BooksInCareOfDetail/USAddress/CityNm0GROTON
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0MA
IRS990/BooksInCareOfDetail/USAddress/ZIPCd001450
IRS990/BusinessRlnWith35CtrlEntInd00
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/CashNonInterestBearingGrp/BOYAmt021470
IRS990/CashNonInterestBearingGrp/EOYAmt013636
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd00
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd00
IRS990/CompensationProcessOtherInd00
IRS990/ConflictOfInterestPolicyInd01
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd00
IRS990/ContriRptFundraisingEventAmt00
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt016740
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt0277854
IRS990/CYOtherExpensesAmt089332
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt00
IRS990/CYRevenuesLessExpensesAmt0205262
IRS990/CYSalariesCompEmpBnftPaidAmt00
IRS990/CYTotalExpensesAmt089332
IRS990/CYTotalFundraisingExpenseAmt03494
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0294594
IRS990/DecisionsSubjectToApprovaInd00
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DelegationOfMgmtDutiesInd00
IRS990/Desc0TO PROVIDE FINANCIAL SUPPORT FOR PROGRAMS WHICH BENEFIT THE GROTON PUBLIC LIBRARY
IRS990/DescribedInSection501c3Ind01
IRS990/DisregardedEntityInd00
IRS990/DocumentRetentionPolicyInd01
IRS990/DonatedServicesAndUseFcltsAmt00
IRS990/DonorAdvisedFundInd00
IRS990/DonorRestrictionNetAssetsGrp/BOYAmt00
IRS990/DonorRestrictionNetAssetsGrp/EOYAmt00
IRS990/DonorRstrOrQuasiEndowmentsInd00
IRS990/ElectionOfBoardMembersInd00
IRS990/EmployeeCnt00
IRS990/EngagedInExcessBenefitTransInd00
IRS990/ExpenseAmt078762
IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditRequiredInd00
IRS990/FederatedCampaignsAmt00
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt06186
IRS990/FeesForServicesAccountingGrp/TotalAmt06186
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form8282PropertyDisposedOfInd00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt02
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt12
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt22
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt32
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt42
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/PersonNm0Connie Keeran
IRS990/Form990PartVIISectionAGrp/PersonNm1David Riggert
IRS990/Form990PartVIISectionAGrp/PersonNm2David Zeiler
IRS990/Form990PartVIISectionAGrp/PersonNm3John Konetzny
IRS990/Form990PartVIISectionAGrp/PersonNm4Vanessa Abraham
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/TitleTxt0Chair
IRS990/Form990PartVIISectionAGrp/TitleTxt1Secretary Treasurer
IRS990/Form990PartVIISectionAGrp/TitleTxt2Trustee Liason
IRS990/Form990PartVIISectionAGrp/TitleTxt3Trustee
IRS990/Form990PartVIISectionAGrp/TitleTxt4Library Director
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr01996
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedInd00
IRS990/FundraisingActivitiesInd00
IRS990/FundraisingAmt00
IRS990/GainOrLossGrp/OtherAmt00
IRS990/GainOrLossGrp/SecuritiesAmt0222503
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt05
IRS990/GovernmentGrantsAmt00
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossAmountSalesAssetsGrp/OtherAmt00
IRS990/GrossAmountSalesAssetsGrp/SecuritiesAmt04225889
IRS990/GrossReceiptsAmt04297980
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd00
IRS990/IncmFromInvestBondProceedsGrp/ExclusionAmt00
IRS990/IncmFromInvestBondProceedsGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/IncmFromInvestBondProceedsGrp/TotalRevenueColumnAmt00
IRS990/IncmFromInvestBondProceedsGrp/UnrelatedBusinessRevenueAmt00
IRS990/IndependentAuditFinclStmtInd00
IRS990/IndependentVotingMemberCnt05
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIIInd0X
IRS990/InvestmentExpenseAmt00
IRS990/InvestmentIncomeGrp/ExclusionAmt055351
IRS990/InvestmentIncomeGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt055351
IRS990/InvestmentIncomeGrp/UnrelatedBusinessRevenueAmt00
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsPubTradedSecGrp/BOYAmt03019036
IRS990/InvestmentsPubTradedSecGrp/EOYAmt03970918
IRS990/IRPDocumentCnt012
IRS990/IRPDocumentW2GCnt00
IRS990/LegalDomicileStateCd0MA
IRS990/LessCostOthBasisSalesExpnssGrp/OtherAmt00
IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt04003386
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembershipDuesAmt00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingCashInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0SUPPORT OF THE GROTON PUBLIC LIBRARY
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt03040506
IRS990/NetAssetsOrFundBalancesEOYAmt03983886
IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt0222503
IRS990/NetGainOrLossInvestmentsGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt0222503
IRS990/NetGainOrLossInvestmentsGrp/UnrelatedBusinessRevenueAmt00
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt0738118
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt03040506
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt03983886
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NoncashContributionsAmt00
IRS990/NondeductibleContributionsInd00
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherExpensesGrp/Desc0Library Programs
IRS990/OtherExpensesGrp/Desc1Fundraising
IRS990/OtherExpensesGrp/Desc2Miscellaneous
IRS990/OtherExpensesGrp/FundraisingAmt00
IRS990/OtherExpensesGrp/FundraisingAmt13494
IRS990/OtherExpensesGrp/FundraisingAmt20
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt00
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt10
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt2890
IRS990/OtherExpensesGrp/ProgramServicesAmt078762
IRS990/OtherExpensesGrp/ProgramServicesAmt10
IRS990/OtherExpensesGrp/ProgramServicesAmt20
IRS990/OtherExpensesGrp/TotalAmt078762
IRS990/OtherExpensesGrp/TotalAmt13494
IRS990/OtherExpensesGrp/TotalAmt2890
IRS990/OtherRevenueTotalAmt00
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PoliticalCampaignActyInd00
IRS990/PrincipalOfficerNm0Connie Keeran
IRS990/PriorPeriodAdjustmentsAmt00
IRS990/ProfessionalFundraisingInd00
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt014035
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt0603434
IRS990/PYOtherExpensesAmt094380
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt0523089
IRS990/PYSalariesCompEmpBnftPaidAmt00
IRS990/PYTotalExpensesAmt094380
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0617469
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0205262
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/RelatedOrganizationsAmt00
IRS990/RentalIncomeOrLossGrp/PersonalAmt00
IRS990/RentalIncomeOrLossGrp/RealAmt00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd00
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt00
IRS990/RoyaltiesRevenueGrp/ExclusionAmt00
IRS990/RoyaltiesRevenueGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/RoyaltiesRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990ScheduleA/FactsAndCircumstancesTestTxt0THE GROTON PUBLIC LIBRARY ENDOWMENT TRUST WAS FOUNDED IN 1996 TO ASSIST IN MAINTAINING THE QUALITY AND EXCELLENCE OF THE GROTON PUBLIC LIBARY IN GROTON, MA. THE ENDOWMENT WAS FUNDED WITH MONEY FROM MANY INDIVIDUALS IN GROTON, MA AND INVESTED AS A PERMANET ENDOWMENT, WITH A PERCENTAGE OF THE NET ASSETS USED TO FUND LIBRARY EXPENDITURES THROUGH A GRANT PROCESS. EACH YEAR, THE GROTON PUBLIC LIBRARY ENDOWMENT TRUST SENDS OUT A NEWSLETTER MAILED TO ALL HOUSEHOLDS IN GROTON DETAILING THE PROGRAMS THAT WERE SUPPORTED DURING THE PAST YEAR BY THE ENDOWMENT, AND SOLICITING FUNDS FOR THE ENDOWMENT. IN ADDITION, A MENTION IS MADE AT THE BEGINNING AND END OF ALL LIBRARY PROGRAMS FUNDED BY THE ENDOWMENT THAT THE ENDOWMENT HAS FUNDED THE PROGRAM, WITH A REQUEST FOR SUPPORT FOR THE ENDOWMENT. OCCASIONALLY EVENTS ARE HELD TO HONOR DONORS TO THE ENDOWMENT. ALL PROCEEDS OF THE ENDOWMENT ARE SPENT ON LIBRARY PROGRAMS AND RELATED COSTS. THE ENDOWMENT TRUST IS GOVERNED BY A BOARD OF TRUSTEES MADE UP OF THE GROTON PUBLIC LIBRARY DIRECTOR, A GROTON PUBLIC LIBRARY TRUSTEE, TWO MEMBERS APPOINTED BY THE GROTON PUBLIC LIBRARY TRUSTEES, AND ONE MEMBER APPOINTED BY THE GROTON TOWN MODERATOR, TO ENSURE THAT THE ENDOWMENT OPERATES FOR THE PUBLIC BENEFIT OF THE CITIZENS OF GROTON, MA.
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt016740
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt014035
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt08536
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt07150
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt015251
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt061712
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt055351
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt053144
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt049825
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt044259
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt037119
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt0239698
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt00
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.20474
IRS990ScheduleA/PublicSupportPY170Pct00.22753
IRS990ScheduleA/PublicSupportTotal170Amt061712
IRS990ScheduleA/TenPctFactsCrcmstncsTestCYInd0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt016740
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt014035
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt08536
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt07150
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt015251
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt061712
IRS990ScheduleA/TotalSupportAmt0301410
IRS990/ScheduleBRequiredInd00
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0CONTROL OF MANAGEMENT OF SUPPORTED ORGS: GROTON PUBLIC LIBRARY ENDOWMENT TRUST PROVIDES SUPPORT FOR THE GROTON PUBLIC LIBRARY WHICH IS CONTROLLED BY THE TOWN OF GROTON MASSACHUSETTS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Distributed and reviewed by Trustees prior to filing.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Policy review at Trustee meeting.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3UPON REQUEST
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Upon request.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THERE HAVE BEEN NO CHANGES
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part IV, Line 1
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Section B, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Section B, Line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VI, Section C, Line 18
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990, Part VI, Section C, Line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Form 990, Part XII, Line 2c
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0MA
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt03040506
IRS990/TotalAssetsEOYAmt03984554
IRS990/TotalAssetsGrp/BOYAmt03040506
IRS990/TotalAssetsGrp/EOYAmt03984554
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt016740
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt03494
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt07076
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt078762
IRS990/TotalFunctionalExpensesGrp/TotalAmt089332
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt00
IRS990/TotalLiabilitiesEOYAmt0668
IRS990/TotalLiabilitiesGrp/BOYAmt00
IRS990/TotalLiabilitiesGrp/EOYAmt0668
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt03040506
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt03983886
IRS990/TotalOtherCompensationAmt00
IRS990/TotalOtherProgSrvcExpenseAmt00
IRS990/TotalOtherProgSrvcGrantAmt00
IRS990/TotalOtherProgSrvcRevenueAmt00
IRS990/TotalOthProgramServiceRevGrp/ExclusionAmt00
IRS990/TotalOthProgramServiceRevGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/TotalOthProgramServiceRevGrp/TotalRevenueColumnAmt00
IRS990/TotalOthProgramServiceRevGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalProgramServiceExpensesAmt078762
IRS990/TotalProgramServiceRevenueAmt00
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt0277854
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0294594
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt04
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt03040506
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt03984554
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationTrustInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0123 Farmers Row
IRS990/USAddress/CityNm0Groton
IRS990/USAddress/StateAbbreviationCd0MA
IRS990/USAddress/ZIPCd001450
IRS990/VotingMembersGoverningBodyCnt05
IRS990/VotingMembersIndependentCnt05
IRS990/WebsiteAddressTxt0www.gplendowment.org
IRS990/WhistleblowerPolicyInd01
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL2
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/LastSubmissionRqrOOBCd00
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/OOBSecurityVerificationCd011
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd01
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/PersonNm0Connie Keeran
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Chair
ReturnHeader/BusinessOfficerGrp/PhoneNum09783027938
ReturnHeader/BusinessOfficerGrp/SignatureDt02021-10-28
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0GROTON PUBLIC LIBRARY ENDOWMENT TR
ReturnHeader/Filer/BusinessNameControlTxt0GROT
ReturnHeader/Filer/EIN0046819503
ReturnHeader/Filer/PhoneNum09784488000
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO BOX 401
ReturnHeader/Filer/USAddress/CityNm0GROTON
ReturnHeader/Filer/USAddress/StateAbbreviationCd0MA
ReturnHeader/Filer/USAddress/ZIPCd001450
ReturnHeader/ReturnTs02021-10-25T09:50:10-07:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02020-07-01
ReturnHeader/TaxPeriodEndDt02021-06-30
ReturnHeader/TaxYr02020

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2021 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$3,984,554
Liabilities
$668
Net assets
$3,983,886
Revenue
$294,594
Expenses
$89,332
Net income
$205,262
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.65$0.00$4.65$0.18$0.15$0.03
2024Detailed filing. Detailed filing data is available for this year.$4.19$0.00$4.19$0.20$0.17$0.03
2023Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.72$0.00$3.72$0.07$0.12$0.05
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.35$0.00$3.35$0.09$0.11$0.02
2021Detailed filing. Detailed filing data is available for this year.$3.98$0.00$3.98$0.29$0.09$0.21
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.04$0.00$3.04$0.62$0.09$0.52
2019Summary only. Only limited summary data is available for this year.$2.84$0.00$2.84$0.28$0.10$0.18
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.77$0.00$2.77$0.18$0.09$0.09
2017Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.55$0.00$2.55$0.15$0.08$0.07
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.21$0.00$2.21$0.17$0.08$0.08
2015XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.30$0.00$2.30$0.16$0.07$0.08
2014Detailed filing. Detailed filing data is available for this year.$2.29$0.00$2.29$0.44$0.08$0.36
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.93$0.00$1.93$0.34$0.06$0.28
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.65$0.00$1.65$0.15
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.74$0.00$1.74$0.07