Civic Intelligence

The George Hail Free Library

990 • Fiscal year 2018 • EIN 05-0281755

Jul 01, 2017 to Jun 30, 2018 • Filed on Sep 10, 2018

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

17th percentile

0.00x

Higher debt load relative to assets than 17% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Liabilities / Revenue

18th percentile

0.00x

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

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Net Margin

52nd percentile

3.8%

Higher net margin than 52% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Top Officer Pay

55th percentile

$74,276

Higher top officer pay than 55% of similar nonprofits.

Top officer pay equals 17.4% of source-year revenue.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Asset Growth

47th percentile

0.3%

Faster asset growth than 47% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2017 to 2018

Revenue Growth

53rd percentile

5.1%

Faster revenue growth than 53% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2017 to 2018

Assets

Up

$1,436,197

Up $4,396 (+0.3%) from 2017

Net Assets

Up

$1,434,618

Up $2,817 (+0.2%) from 2017

Liabilities

Up

$1,579

Up $1,579 from 2017

Revenue

Up

$426,344

Up $20,522 (+5.1%) from 2017

Expenses

Up

$410,084

Up $41,241 (+11%) from 2017

Net Income

Down

$16,260

Down $20,719 (-56%) from 2017

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

2018

Assets$1,436,197
Liabilities$1,579
Net Assets$1,434,618

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

2018

Revenue$426,344
Expenses$410,084
Net Income$16,260
Jump To
Filing Snapshot
Filing Period
Jul 1, 2017 to Jun 30, 2018
Signed
Sep 10, 2018
Return Version
2017v2.2
Gross Receipts
$484,467
Mission and Program Overview

Mission

LIBRARY OPERATIONS

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$1,193,311$1,202,345▲ $9,034
Land, Buildings, and Equipment, Net$158,358$146,201▼ $12,157
Savings and Temporary Cash Investments$75,060$75,273▲ $213
Cash and Non-Interest-Bearing Accounts$5,072$12,378▲ $7,306
Total Assets$1,431,801$1,436,197▲ $4,396
Liabilities
Accounts Payable and Accrued Expenses-$1,579-
Total Liabilities$0$1,579▲ $1,579
Net Assets / Fund Balance
Permanently Rstr Net Assets$1,093,435$1,134,598▲ $41,163
Unrestricted Net Assets$300,775$260,928▼ $39,847
Temporarily Rstr Net Assets$37,591$39,092▲ $1,501
Total Net Assets Fund Balance$1,431,801$1,434,618▲ $2,817
Total Liabilities and Net Assets / Fund Balance$1,431,801$1,436,197▲ $4,396

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$8,040$141,675$149,715
Leasehold Improvements$54,062$83,698$137,760
Buildings$48,099$51,901$100,000
Land$36,000-$36,000
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Patricia RedfearnDirectorFT$62,639$11,637$74,276

Board Members and Trustees

NameTitle
John MillardPresident
John ChaneyV President
Carol GaffordTrustee
Clara MendoncaTrustee
James TollTrustee
Paula RooksTrustee
Thomas WrightTrustee
Cheryl CaggianoTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$343,099
Program Service Revenue
$5,992
Investment Income
$79,745
Other Revenue
$-2,492
All Other Contributions
$28,615
Change in Net Assets
$16,260
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$263,416
Other Expenses$146,668
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$167,287$55,762-$223,049
Occupancy$45,801$15,267-$61,068
Payroll Taxes$13,992$4,664-$18,656
Other Employee Benefits$12,909$4,303-$17,212
Depreciation Depletion$9,593--$9,593
Fees for Services Accounting$3,750$1,250-$5,000
Insurance$3,567$1,189-$4,756
Information Technology$4,559--$4,559
Pension Plan Contributions$3,374$1,125-$4,499
Office Expenses$2,277$759-$3,036
All Other Expenses$2,249$196-$2,445
Fees for Service Investment Mgmnt Fees$2,100--$2,100
Fees for Services Other$862$287-$1,149
Other Expenses$765$255-$1,020
Conferences and Meetings$449$149-$598
Total Functional Expenses$324,878$85,206$0$410,084
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

The tax return is available at the library on request.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 Millard
Title
President
Phone
4012457686
Signed
2018-09-10
Discuss with paid preparer
Yes

Organization Details

Principal Officer
John Millard
Formed
1871
Legal Domicile
Ri
Voting Board Members
8
Independent Board Members
5
Employees
9

Preparer

Firm
SA Freitas CPA
Address
PO Box 2900, North Conway, NH 03860
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, whice the balance of the tiems have been in the collection for many years and nothing is known about how they were obtained.the organizations charter specifies that the collection is to be maintained and made available for viewing.

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IRS990/PrincipalOfficerNm0JOHN MILLARD
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IRS990/ProgramServiceRevenueGrp/BusinessCd0611710
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IRS990/ProgramServiceRevenueGrp/Desc1FRIENDS INCOME
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IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1228
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IRS990/PYContributionsGrantsAmt0349691
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IRS990/PYInvestmentIncomeAmt046506
IRS990/PYOtherExpensesAmt0124388
IRS990/PYOtherRevenueAmt01398
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IRS990/PYRevenuesLessExpensesAmt036979
IRS990/PYSalariesCompEmpBnftPaidAmt0244455
IRS990/PYTotalExpensesAmt0368843
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IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt016260
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IRS990/ReportLandBuildingEquipmentInd0true
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IRS990/ReportOtherLiabilitiesInd0false
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IRS990/SavingsAndTempCashInvstGrp/BOYAmt075060
IRS990/SavingsAndTempCashInvstGrp/EOYAmt075273
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0342761
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0349340
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0334561
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0342952
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0330877
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt01700491
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt038417
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt034147
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt037318
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt035130
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt029107
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IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearAmt045166
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus1YearAmt022335
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus2YearsAmt014696
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus3YearsAmt09662
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus4YearsAmt010295
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IRS990ScheduleA/PublicOrganization170Ind0X
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IRS990ScheduleA/PublicSupportPY170Pct00.84830
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IRS990ScheduleD/BuildingsGrp/DepreciationAmt051901
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt0100000
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IRS990ScheduleD/EquipmentGrp/BookValueAmt08040
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0141675
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0149715
IRS990ScheduleD/LandGrp/BookValueAmt036000
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt036000
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt054062
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt083698
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt0137760
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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, WHICE THE BALANCE OF THE TIEMS HAVE BEEN IN THE COLLECTION FOR MANY YEARS AND NOTHING IS KNOWN ABOUT HOW THEY WERE OBTAINED.THE ORGANIZATIONS CHARTER SPECIFIES THAT THE COLLECTION IS TO BE MAINTAINED AND MADE AVAILABLE FOR VIEWING.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Collections descriptions (Part III, line 4)
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0146201
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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/ExplanationTxt1THE TAX RETURN IS AVAILABLE AT THE LIBRARY ON REQUEST.NO 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
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IRS990/TerminateOperationsInd0false
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IRS990/TotalAssetsGrp/BOYAmt01431801
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IRS990/TotalContributionsAmt0343099
IRS990/TotalEmployeeCnt09
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IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt085206
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0324878
IRS990/TotalFunctionalExpensesGrp/TotalAmt0410084
IRS990/TotalGrossUBIAmt00
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IRS990/TotalLiabilitiesGrp/BOYAmt00
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IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt01431801
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt01434618
IRS990/TotalOtherCompensationAmt011637
IRS990/TotalProgramServiceExpensesAmt0324878
IRS990/TotalProgramServiceRevenueAmt05992
IRS990/TotalReportableCompFromOrgAmt062639
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt083245
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0426344
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt01431801
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt01436197
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TransactionWithControlEntInd0false
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnrestrictedNetAssetsGrp/BOYAmt0300775
IRS990/UnrestrictedNetAssetsGrp/EOYAmt0260928
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt015 GREENE ST
IRS990/USAddress/CityNm0WARREN
IRS990/USAddress/StateAbbreviationCd0RI
IRS990/USAddress/ZIPCd002885

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
2018Detailed filing. Detailed filing data is available for this year.$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
2015XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$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. 2018 filings • 501(c)3 • $1M-$5M nonprofits