Civic Intelligence

Jesse M Smith Memorial Library

990 • Fiscal year 2014 • EIN 05-0346368

Jul 01, 2013 to Jun 30, 2014 • Filed on Aug 17, 2015

100 Tinkham LaneHarrisville, RI 02830

(401) 710-7800

Siviq Scores

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

Liabilities / Assets

68th percentile

0.19x

Higher debt load relative to assets than 68% of similar nonprofits.

2014 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2014

Liabilities / Revenue

50th percentile

0.04x

Higher debt load relative to revenue than 50% of similar nonprofits.

2014 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2014

Net Margin

47th percentile

2.2%

Higher net margin than 47% of similar nonprofits.

2014 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2014

Top Officer Pay

74th percentile

$64,349

Higher top officer pay than 74% of similar nonprofits.

Top officer pay equals 8.7% of source-year revenue.

2014 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2014

Asset Growth

74th percentile

15%

Faster asset growth than 74% of similar nonprofits.

2014 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2013 to 2014

Revenue Growth

57th percentile

7.7%

Faster revenue growth than 57% of similar nonprofits.

2014 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2013 to 2014

Assets

Up

$172,829

Up $22,574 (+15%) from 2013

Net Assets

Up

$140,434

Up $16,144 (+13%) from 2013

Liabilities

Up

$32,395

Up $6,430 (+25%) from 2013

Revenue

Up

$737,262

Up $52,730 (+7.7%) from 2013

Expenses

Up

$721,118

Up $37,191 (+5.4%) from 2013

Net Income

Up

$16,144

Up $15,539 (+2568%) from 2013

Historical Trend

Balance Sheet Trend

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

$1.0M$500K$0Assets 2011: $122,225Liabilities 2011: $12,471Net Assets 2011: $109,7542011Assets 2012: $144,497Liabilities 2012: $20,812Net Assets 2012: $123,6852012Assets 2013: $150,255Liabilities 2013: $25,965Net Assets 2013: $124,2902013Assets 2014: $172,829Liabilities 2014: $32,395Net Assets 2014: $140,4342014Assets 2015: $183,688Liabilities 2015: $25,118Net Assets 2015: $158,5702015Assets 2016: $209,794Liabilities 2016: $40,577Net Assets 2016: $169,2172016Assets 2017: $240,284Liabilities 2017: $21,911Net Assets 2017: $218,3732017Assets 2018: $290,270Liabilities 2018: $21,747Net Assets 2018: $268,5232018Assets 2019: $355,572Liabilities 2019: $57,362Net Assets 2019: $298,2102019Assets 2020: $415,658Liabilities 2020: $55,644Net Assets 2020: $360,0142020Assets 2021: $516,322Liabilities 2021: $27,743Net Assets 2021: $488,5792021Assets 2022: $583,559Liabilities 2022: $34,606Net Assets 2022: $548,9532022Assets 2023: $627,934Liabilities 2023: $34,575Net Assets 2023: $593,3592023Assets 2024: $706,060Liabilities 2024: $32,614Net Assets 2024: $673,4462024Assets 2025: $803,794Liabilities 2025: $21,591Net Assets 2025: $782,2032025

Highlighted filing

2014

Assets$172,829
Liabilities$32,395
Net Assets$140,434

Operations Trend

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

$1.5M$1.0M$500K$0Expenses 2011: $639,5472011Revenue 2012: $647,201Expenses 2012: $633,270Net Income 2012: $13,9312012Revenue 2013: $684,532Expenses 2013: $683,927Net Income 2013: $6052013Revenue 2014: $737,262Expenses 2014: $721,118Net Income 2014: $16,1442014Revenue 2015: $797,947Expenses 2015: $779,811Net Income 2015: $18,1362015Revenue 2016: $826,392Expenses 2016: $815,745Net Income 2016: $10,6472016Revenue 2017: $922,650Expenses 2017: $873,494Net Income 2017: $49,1562017Revenue 2018: $947,342Expenses 2018: $897,192Net Income 2018: $50,1502018Revenue 2019: $965,128Expenses 2019: $935,441Net Income 2019: $29,6872019Revenue 2020: $995,203Expenses 2020: $933,399Net Income 2020: $61,8042020Revenue 2021: $1,030,009Expenses 2021: $901,444Net Income 2021: $128,5652021Revenue 2022: $1,042,707Expenses 2022: $982,333Net Income 2022: $60,3742022Revenue 2023: $1,104,561Expenses 2023: $1,060,155Net Income 2023: $44,4062023Revenue 2024: $1,137,913Expenses 2024: $1,057,826Net Income 2024: $80,0872024Revenue 2025: $1,241,939Expenses 2025: $1,133,182Net Income 2025: $108,7572025

Highlighted filing

2014

Revenue$737,262
Expenses$721,118
Net Income$16,144
Jump To
Filing Snapshot
Filing Period
Jul 1, 2013 to Jun 30, 2014
Signed
Aug 17, 2015
Return Version
2013v4.0
Gross Receipts
$737,262
Mission and Program Overview

Mission

To serve as a full service public library.

To serve as a full service public library providing access to a wide variety of materials and services to meet the educational, informational and recreational needs of the community.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$62,181$61,503▼ $678
Accounts Receivable$23,983$52,461▲ $28,478
Cash and Non-Interest-Bearing Accounts$51,245$48,927▼ $2,318
Land, Buildings, and Equipment, Net$11,938$9,938▼ $2,000
Prepaid Expenses and Deferred Charges$908--
Total Assets$150,255$172,829▲ $22,574
Liabilities
Other Liabilities$0$18,933▲ $18,933
Accounts Payable and Accrued Expenses$25,965$13,462▼ $12,503
Total Liabilities$25,965$32,395▲ $6,430
Net Assets / Fund Balance
Unrestricted Net Assets$124,290$140,434▲ $16,144
Total Net Assets Fund Balance$124,290$140,434▲ $16,144
Total Liabilities and Net Assets / Fund Balance$150,255$172,829▲ $22,574

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$9,938$19,901$29,839
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Sandra MundyLibrary DirectorFT$52,310$12,039$64,349

Board Members and Trustees

NameTitle
Linda HendersonPresident
Aaron CoutuTrustee
Dorothy KarolyshynTrustee
Barbara SchouboeSecretary
Margaret DudleyTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$699,798
Program Service Revenue
$15,349
Investment Income
$72
Other Revenue
$22,043
All Other Contributions
$603,921
Change in Net Assets
$16,144
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$541,113
Other Expenses$180,005
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$350,914--$350,914
Occupancy$86,458--$86,458
Other Employee Benefits$70,981$7,437-$78,418
Current Officers, Directors, Trustees, and Key Employees-$52,310-$52,310
Payroll Taxes$32,364$4,497-$36,861
Information Technology$24,164--$24,164
Pension Plan Contributions$18,008$4,602-$22,610
Office Expenses$11,572--$11,572
Insurance$8,485--$8,485
Other Expenses$5,968--$5,968
Depreciation Depletion$4,282--$4,282
Fees for Services Other-$2,076-$2,076
Fees for Services Accounting-$1,525-$1,525
Travel$732--$732
Advertising$170--$170
Total Functional Expenses$648,671$72,447$0$721,118
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
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Accrued Payroll$18,933
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
No
Audit committee
Yes
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
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11

No formal inspection of form 990 is made prior to filing by the library director. At the next regular meeting, the director informs the trustees the 990 has been filed and invites the board to examine the form. An annual financial report is also filed with the town's finance department.

Form 990, Part VI, Section B, Line 15

Trustees are appointed by the burrillville town council and serve as volunteers per provisions of the town charter. The library director and staff are employed by the town under the supervision of the trustees. Compensation is determined by the town classification system with rates subject to revision based on comparison levels in surrounding communities.

Form 990, Part VI, Section C, Line 19

Form 990 is available for inspection upon request at the library. The library's constitution and by-laws, list of trustees, and library policies are available on the library's website. All trustee meetings fall under the state open meetings law. Agendas are posted to the ri secretary of state open meeting website. Approved minutes are posted on the library's website and are also available upon request. The library follows town and state policies for conflict of interest (ethics) and the policies are available on the state website at wwwethicsrigov/code. An annual financial report is made to the town finance department and can be viewed upon request at either the library or town hall. Proposed library budgets are posted at public budget hearings and are subject to review by the town budget committee, town manager and town council which sets the library appropriation. State funds received are subject to the filing of annual financial and statistical reports to the state office of library and information services. These reports are posted as comparable statistics through the olis website and are viewable by the general public.

Filing and Contact Details

Filer

EIN
05-0346368
Phone
4017107800

Signing Officer

Name
Beth Ullucci
Title
Library Director
Phone
4017107800
Signed
2015-08-17
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Beth Ullucci
Formed
1934
Legal Domicile
Ri
Voting Board Members
5
Independent Board Members
5
Employees
19
Volunteers
22

Preparer

Preparer
Mark V Caccia CPA Mst
Phone
4017328900
Raw XML Appendix375 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.

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IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0602317
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0590485
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0NO FORMAL INSPECTION OF FORM 990 IS MADE PRIOR TO FILING BY THE LIBRARY DIRECTOR. AT THE NEXT REGULAR MEETING, THE DIRECTOR INFORMS THE TRUSTEES THE 990 HAS BEEN FILED AND INVITES THE BOARD TO EXAMINE THE FORM. AN ANNUAL FINANCIAL REPORT IS ALSO FILED WITH THE TOWN'S FINANCE DEPARTMENT.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1TRUSTEES ARE APPOINTED BY THE BURRILLVILLE TOWN COUNCIL AND SERVE AS VOLUNTEERS PER PROVISIONS OF THE TOWN CHARTER. THE LIBRARY DIRECTOR AND STAFF ARE EMPLOYED BY THE TOWN UNDER THE SUPERVISION OF THE TRUSTEES. COMPENSATION IS DETERMINED BY THE TOWN CLASSIFICATION SYSTEM WITH RATES SUBJECT TO REVISION BASED ON COMPARISON LEVELS IN SURROUNDING COMMUNITIES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2FORM 990 IS AVAILABLE FOR INSPECTION UPON REQUEST AT THE LIBRARY. THE LIBRARY'S CONSTITUTION AND BY-LAWS, LIST OF TRUSTEES, AND LIBRARY POLICIES ARE AVAILABLE ON THE LIBRARY'S WEBSITE. ALL TRUSTEE MEETINGS FALL UNDER THE STATE OPEN MEETINGS LAW. AGENDAS ARE POSTED TO THE RI SECRETARY OF STATE OPEN MEETING WEBSITE. APPROVED MINUTES ARE POSTED ON THE LIBRARY'S WEBSITE AND ARE ALSO AVAILABLE UPON REQUEST. THE LIBRARY FOLLOWS TOWN AND STATE POLICIES FOR CONFLICT OF INTEREST (ETHICS) AND THE POLICIES ARE AVAILABLE ON THE STATE WEBSITE AT WWWETHICSRIGOV/CODE. AN ANNUAL FINANCIAL REPORT IS MADE TO THE TOWN FINANCE DEPARTMENT AND CAN BE VIEWED UPON REQUEST AT EITHER THE LIBRARY OR TOWN HALL. PROPOSED LIBRARY BUDGETS ARE POSTED AT PUBLIC BUDGET HEARINGS AND ARE SUBJECT TO REVIEW BY THE TOWN BUDGET COMMITTEE, TOWN MANAGER AND TOWN COUNCIL WHICH SETS THE LIBRARY APPROPRIATION. STATE FUNDS RECEIVED ARE SUBJECT TO THE FILING OF ANNUAL FINANCIAL AND STATISTICAL REPORTS TO THE STATE OFFICE OF LIBRARY AND INFORMATION SERVICES. THESE REPORTS ARE POSTED AS COMPARABLE STATISTICS THROUGH THE OLIS WEBSITE AND ARE VIEWABLE BY THE GENERAL PUBLIC.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 15
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION C, LINE 19
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
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IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
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IRS990/TotalOtherCompensationAmt012039
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IRS990/TotalProgramServiceRevenueAmt015349
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IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt037392
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IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0172829
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IRS990/TravelGrp/TotalAmt0732
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IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UnrestrictedNetAssetsGrp/BOYAmt0124290
IRS990/UnrestrictedNetAssetsGrp/EOYAmt0140434
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine10100 TINKHAM LANE
IRS990/USAddress/City0HARRISVILLE
IRS990/USAddress/State0RI
IRS990/USAddress/ZIPCode002830
IRS990/VotingMembersGoverningBodyCnt05
IRS990/VotingMembersIndependentCnt05
IRS990/WebsiteAddressTxt0JMSLIBRARY.ORG
IRS990/WhistleblowerPolicyInd01
ReturnHeader/BuildTS02016-04-25 22:37:26Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0BETH ULLUCCI
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0LIBRARY DIRECTOR
ReturnHeader/BusinessOfficerGrp/PhoneNum04017107800
ReturnHeader/BusinessOfficerGrp/SignatureDt02015-08-17
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ReturnHeader/PreparerFirmGrp/PreparerUSAddress/City0WARWICK
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/State0RI
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCode002886
ReturnHeader/PreparerPersonGrp/PhoneNum04017328900
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0MARK V CACCIA CPA MST
ReturnHeader/ReturnTs02015-08-17T15:12:51-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02013-07-01
ReturnHeader/TaxPeriodEndDt02014-06-30
ReturnHeader/TaxYr02013

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$0.80$0.02$0.78$1.24$1.13$0.11
2024Detailed filing. Detailed filing data is available for this year.$0.71$0.03$0.67$1.14$1.06$0.08
2023Detailed filing. Detailed filing data is available for this year.$0.63$0.03$0.59$1.10$1.06$0.04
2022Detailed filing. Detailed filing data is available for this year.$0.58$0.03$0.55$1.04$0.98$0.06
2021Detailed filing. Detailed filing data is available for this year.$0.52$0.03$0.49$1.03$0.90$0.13
2020Detailed filing. Detailed filing data is available for this year.$0.42$0.06$0.36$1.00$0.93$0.06
2019Detailed filing. Detailed filing data is available for this year.$0.36$0.06$0.30$0.97$0.94$0.03
2018Detailed filing. Detailed filing data is available for this year.$0.29$0.02$0.27$0.95$0.90$0.05
2017Detailed filing. Detailed filing data is available for this year.$0.24$0.02$0.22$0.92$0.87$0.05
2016Detailed filing. Detailed filing data is available for this year.$0.21$0.04$0.17$0.83$0.82$0.01
2015Detailed filing. Detailed filing data is available for this year.$0.18$0.03$0.16$0.80$0.78$0.02
2014Detailed filing. Detailed filing data is available for this year.$0.17$0.03$0.14$0.74$0.72$0.02
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.15$0.03$0.12$0.68$0.68$0.00
2012Summary only. Only limited summary data is available for this year.$0.14$0.02$0.12$0.65$0.63$0.01
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.12$0.01$0.11$0.64