Civic Intelligence

The George Hail Free Library

990 • Fiscal year 2015 • EIN 05-0281755

Jul 01, 2014 to Jun 30, 2015 • Filed on Oct 01, 2015

530 Main StreetWarren, RI 02885

(401) 245-7686

Siviq Scores

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

Liabilities / Assets

28th percentile

0.02x

Higher debt load relative to assets than 28% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2015

Liabilities / Revenue

37th percentile

0.05x

Higher debt load relative to revenue than 37% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2015

Net Margin

67th percentile

9.8%

Higher net margin than 67% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2015

Top Officer Pay

35th percentile

$0

Higher top officer pay than 35% of similar nonprofits.

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

2015 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2015

Asset Growth

59th percentile

3.3%

Faster asset growth than 59% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2014 to 2015

Revenue Growth

64th percentile

9.8%

Faster revenue growth than 64% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2014 to 2015

Assets

Up

$1,364,357

Up $43,203 (+3.3%) from 2014

Net Assets

Up

$1,341,504

Up $20,964 (+1.6%) from 2014

Liabilities

Up

$22,853

Up $22,239 (+3622%) from 2014

Revenue

Up

$422,303

Up $37,678 (+9.8%) from 2014

Expenses

Up

$380,870

Up $14,689 (+4.0%) from 2014

Net Income

Up

$41,433

Up $22,989 (+125%) from 2014

Historical Trend

Balance Sheet Trend

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

$3.0M$2.0M$1.0M$0Assets 2011: $1,116,487Liabilities 2011: $1,082Net Assets 2011: $1,115,4052011Assets 2012: $1,170,942Liabilities 2012: $16,420Net Assets 2012: $1,154,5222012Assets 2013: $1,249,931Liabilities 2013: $19,407Net Assets 2013: $1,230,5242013Assets 2014: $1,321,154Liabilities 2014: $614Net Assets 2014: $1,320,5402014Assets 2015: $1,364,357Liabilities 2015: $22,853Net Assets 2015: $1,341,5042015Assets 2016: $1,342,842Liabilities 2016: $20,900Net Assets 2016: $1,321,9422016Assets 2017: $1,431,801Liabilities 2017: $0Net Assets 2017: $1,431,8012017Assets 2018: $1,436,197Liabilities 2018: $1,579Net Assets 2018: $1,434,6182018Assets 2019: $1,558,267Liabilities 2019: $22,356Net Assets 2019: $1,535,9112019Assets 2020: $1,580,360Liabilities 2020: $145Net Assets 2020: $1,580,2152020Assets 2021: $1,845,099Liabilities 2021: $0Net Assets 2021: $1,845,0992021Assets 2022: $1,735,636Liabilities 2022: $0Net Assets 2022: $1,735,6362022Assets 2023: $1,853,747Liabilities 2023: $0Net Assets 2023: $1,853,7472023Assets 2024: $2,011,570Liabilities 2024: $0Net Assets 2024: $2,011,5702024Assets 2025: $2,243,972Liabilities 2025: $0Net Assets 2025: $2,243,9722025

Highlighted filing

2015

Assets$1,364,357
Liabilities$22,853
Net Assets$1,341,504

Operations Trend

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

$800K$600K$400K$200K$0Expenses 2011: $341,1502011Expenses 2012: $341,0552012Revenue 2013: $415,134Expenses 2013: $337,398Net Income 2013: $77,7362013Revenue 2014: $384,625Expenses 2014: $366,181Net Income 2014: $18,4442014Revenue 2015: $422,303Expenses 2015: $380,870Net Income 2015: $41,4332015Revenue 2016: $378,680Expenses 2016: $359,356Net Income 2016: $19,3242016Revenue 2017: $405,822Expenses 2017: $368,843Net Income 2017: $36,9792017Revenue 2018: $426,344Expenses 2018: $410,084Net Income 2018: $16,2602018Revenue 2019: $422,494Expenses 2019: $417,158Net Income 2019: $5,3362019Revenue 2020: $546,648Expenses 2020: $428,087Net Income 2020: $118,5612020Revenue 2021: $564,859Expenses 2021: $471,804Net Income 2021: $93,0552021Revenue 2022: $560,054Expenses 2022: $461,346Net Income 2022: $98,7082022Revenue 2023: $509,120Expenses 2023: $424,763Net Income 2023: $84,3572023Revenue 2024: $589,777Expenses 2024: $465,971Net Income 2024: $123,8062024Revenue 2025: $660,757Expenses 2025: $476,201Net Income 2025: $184,5562025

Highlighted filing

2015

Revenue$422,303
Expenses$380,870
Net Income$41,433
Jump To
Filing Snapshot
Filing Period
Jul 1, 2014 to Jun 30, 2015
Signed
Oct 1, 2015
Return Version
2014v5.0
Gross Receipts
$556,254
Mission and Program Overview

Mission

LIBRARY OPERATIONS

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$975,985$1,097,393▲ $121,408
Land, Buildings, and Equipment, Net$202,964$186,584▼ $16,380
Savings and Temporary Cash Investments$136,014$80,380▼ $55,634
Cash and Non-Interest-Bearing Accounts$6,191--
Total Assets$1,321,154$1,364,357▲ $43,203
Liabilities
Accounts Payable and Accrued Expenses$614$22,853▲ $22,239
Total Liabilities$614$22,853▲ $22,239
Net Assets / Fund Balance
Permanently Rstr Net Assets$1,001,526$1,031,842▲ $30,316
Unrestricted Net Assets$287,060$275,877▼ $11,183
Temporarily Rstr Net Assets$31,954$33,785▲ $1,831
Total Net Assets Fund Balance$1,320,540$1,341,504▲ $20,964
Total Liabilities and Net Assets / Fund Balance$1,321,154$1,364,357▲ $43,203

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$31,207$113,873$145,080
Leasehold Improvements$63,586$74,174$137,760
Buildings$55,791$44,209$100,000
Land$36,000-$36,000
Compensation and Service Providers

Board Members and Trustees

NameTitle
John F MillardPresident
John ChaneyV President
Carol GaffordTrustee
David W MccarthyTrustee
Harriet LapointTrustee
Jane HarrisonTrustee
Paula RooksTrustee
Thomas WrightTrustee
Anthony RegoTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$342,952
Program Service Revenue
$8,042
Investment Income
$70,130
Other Revenue
$1,179
All Other Contributions
$48,704
Change in Net Assets
$41,433
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$230,756
Other Expenses$150,114
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$143,570$47,857-$191,427
Occupancy$54,610$9,637-$64,247
Other Employee Benefits$13,676$4,559-$18,235
Payroll Taxes$12,771$4,257-$17,028
Depreciation Depletion$15,237--$15,237
All Other Expenses$3,974$923-$4,897
Fees for Services Accounting$3,525$1,175-$4,700
Pension Plan Contributions$3,050$1,016-$4,066
Insurance$2,860$505-$3,365
Office Expenses$1,798$599-$2,397
Other Expenses$1,780$593-$2,373
Fees for Services Other$718$240-$958
Travel$240$80-$320
Conferences and Meetings$105$35-$140
Total Functional Expenses$309,394$71,476$0$380,870
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
No
Audit committee
No
Backup withholding compliance
Yes
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 governing body review Part VI line 11

No review was conducted or will be conducted by the board. The president reviews the return prior to signing e-file authorization.

Governing documents etc available to public Part VI line 19

No other documents are available to the public.

Filing and Contact Details

Filer

Filer Name
The George Hail Free Library
EIN
05-0281755
Address
530 MAIN STREET, WARREN, RI 02885

Signing Officer

Name
John F Millard
Title
President
Phone
4012457686
Signed
2015-10-01
Discuss with paid preparer
Yes

Organization Details

Principal Officer
John F Millard
Formed
1871
Legal Domicile
Ri
Voting Board Members
9
Independent Board Members
6
Employees
10

Preparer

Firm
Sa Freitas CPA Ltd
Address
400 MASSASOIT AVE STE 109, East Providence, RI 02914
Preparer
Shirley a Freitas
Phone
4013316800
Supplemental Narrative

Financial Statement Notes

Collections descriptions (Part III, line 4)

Collections and relation to exempt purposecollection consists of various historical items and documents related to the history of the town for viewing by the public. There are no fees charged for viewing the collection, and no cost associated with the procurement of items. Some items are of little or no monetary value, while the balance of the items have been in the collection for many years and nothing is known about how they were obtained.the organization's charter specifies that the collection is to be maintained and made available for viewing.

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IRS990/ProgramServiceRevenueGrp/Desc1FRIENDS INCOME
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IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1771
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt07271
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1771
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IRS990/PYContributionsGrantsAmt0330877
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IRS990/PYInvestmentIncomeAmt044817
IRS990/PYOtherExpensesAmt0136684
IRS990/PYOtherRevenueAmt0681
IRS990/PYProgramServiceRevenueAmt08250
IRS990/PYRevenuesLessExpensesAmt018444
IRS990/PYSalariesCompEmpBnftPaidAmt0229497
IRS990/PYTotalExpensesAmt0366181
IRS990/PYTotalRevenueAmt0384625
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt041433
IRS990/RegularMonitoringEnfrcInd0false
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/RentalIncomeOrLossGrp/RealAmt0-1222
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0136014
IRS990/SavingsAndTempCashInvstGrp/EOYAmt080380
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IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0330877
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0335902
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0323824
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0338831
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt01672386
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt035130
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt029107
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt027554
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt025469
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt024040
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IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus3YearsAmt09693
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus4YearsAmt011047
IRS990ScheduleA/OtherIncome170Grp/TotalAmt052908
IRS990ScheduleA/PublicOrganization170Ind0X
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IRS990ScheduleA/PublicSupportPY170Pct00.90000
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IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
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IRS990ScheduleA/TotalSupportAmt01866594
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IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
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IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleD/BuildingsGrp/BookValueAmt055791
IRS990ScheduleD/BuildingsGrp/DepreciationAmt044209
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt0100000
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IRS990ScheduleD/EquipmentGrp/BookValueAmt031207
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0113873
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0145080
IRS990ScheduleD/LandGrp/BookValueAmt036000
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt036000
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt063586
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt074174
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt0137760
IRS990ScheduleD/SolicitedAssetsSaleInd0false
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0COLLECTIONS AND RELATION TO EXEMPT PURPOSECOLLECTION CONSISTS OF VARIOUS HISTORICAL ITEMS AND DOCUMENTS RELATED TO THE HISTORY OF THE TOWN FOR VIEWING BY THE PUBLIC. THERE ARE NO FEES CHARGED FOR VIEWING THE COLLECTION, AND NO COST ASSOCIATED WITH THE PROCUREMENT OF ITEMS. SOME ITEMS ARE OF LITTLE OR NO MONETARY VALUE, WHILE THE BALANCE OF THE ITEMS HAVE BEEN IN THE COLLECTION FOR MANY YEARS AND NOTHING IS KNOWN ABOUT HOW THEY WERE OBTAINED.THE ORGANIZATION'S CHARTER SPECIFIES THAT THE COLLECTION IS TO BE MAINTAINED AND MADE AVAILABLE FOR VIEWING.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Collections descriptions (Part III, line 4)
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0186584
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0NO REVIEW WAS CONDUCTED OR WILL BE CONDUCTED BY THE BOARD. THE PRESIDENT REVIEWS THE RETURN PRIOR TO SIGNING E-FILE AUTHORIZATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1NO OTHER DOCUMENTS ARE AVAILABLE TO THE PUBLIC.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990 governing body review Part VI line 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Governing documents etc available to public Part VI line 19
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TemporarilyRstrNetAssetsGrp/BOYAmt031954
IRS990/TemporarilyRstrNetAssetsGrp/EOYAmt033785
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt01321154
IRS990/TotalAssetsEOYAmt01364357
IRS990/TotalAssetsGrp/BOYAmt01321154
IRS990/TotalAssetsGrp/EOYAmt01364357
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt0342952
IRS990/TotalEmployeeCnt010
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt071476
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0309394
IRS990/TotalFunctionalExpensesGrp/TotalAmt0380870
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0614
IRS990/TotalLiabilitiesEOYAmt022853
IRS990/TotalLiabilitiesGrp/BOYAmt0614
IRS990/TotalLiabilitiesGrp/EOYAmt022853
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt01320540
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt01341504
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0309394
IRS990/TotalProgramServiceRevenueAmt08042
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt079351
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0422303
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt01321154
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt01364357
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TransactionWithControlEntInd0false
IRS990/TravelGrp/ManagementAndGeneralAmt080
IRS990/TravelGrp/ProgramServicesAmt0240
IRS990/TravelGrp/TotalAmt0320

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.24$0.00$2.24$0.66$0.48$0.18
2024Detailed filing. Detailed filing data is available for this year.$2.01$0.00$2.01$0.59$0.47$0.12
2023Detailed filing. Detailed filing data is available for this year.$1.85$0.00$1.85$0.51$0.42$0.08
2022Detailed filing. Detailed filing data is available for this year.$1.74$0.00$1.74$0.56$0.46$0.10
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.85$0.00$1.85$0.56$0.47$0.09
2020Detailed filing. Detailed filing data is available for this year.$1.58$0.00$1.58$0.55$0.43$0.12
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.56$0.02$1.54$0.42$0.42$0.01
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.44$0.00$1.43$0.43$0.41$0.02
2017Detailed filing. Detailed filing data is available for this year.$1.43$0.00$1.43$0.41$0.37$0.04
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.34$0.02$1.32$0.38$0.36$0.02
2015Detailed filing. Detailed filing data is available for this year.$1.36$0.02$1.34$0.42$0.38$0.04
2014Import issue. A filing source exists for this year, but detailed import did not complete cleanly.$1.32$0.00$1.32$0.38$0.37$0.02
2013Import issue. A filing source exists for this year, but detailed import did not complete cleanly.$1.25$0.02$1.23$0.42$0.34$0.08
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.17$0.02$1.15$0.34
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.12$0.00$1.12$0.34
Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 2015 filings • 501(c)3 • $1M-$5M nonprofits