Civic Intelligence

Jesse M Smith Memorial Library

990 • Fiscal year 2016 • EIN 05-0346368

Jul 01, 2015 to Jun 30, 2016 • Filed on Feb 06, 2017

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

70th percentile

0.19x

Higher debt load relative to assets than 70% of similar nonprofits.

2016 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2016

Liabilities / Revenue

54th percentile

0.05x

Higher debt load relative to revenue than 54% of similar nonprofits.

2016 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2016

Net Margin

45th percentile

1.3%

Higher net margin than 45% of similar nonprofits.

2016 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2016

Top Officer Pay

82nd percentile

$81,530

Higher top officer pay than 82% of similar nonprofits.

Top officer pay equals 9.9% of source-year revenue.

2016 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2016

Asset Growth

74th percentile

14%

Faster asset growth than 74% of similar nonprofits.

2016 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2015 to 2016

Revenue Growth

51st percentile

3.6%

Faster revenue growth than 51% of similar nonprofits.

2016 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2015 to 2016

Assets

Up

$209,794

Up $26,106 (+14%) from 2015

Net Assets

Up

$169,217

Up $10,647 (+6.7%) from 2015

Liabilities

Up

$40,577

Up $15,459 (+62%) from 2015

Revenue

Up

$826,392

Up $28,445 (+3.6%) from 2015

Expenses

Up

$815,745

Up $35,934 (+4.6%) from 2015

Net Income

Down

$10,647

Down $7,489 (-41%) from 2015

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

2016

Assets$209,794
Liabilities$40,577
Net Assets$169,217

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

2016

Revenue$826,392
Expenses$815,745
Net Income$10,647
Jump To
Filing Snapshot
Filing Period
Jul 1, 2015 to Jun 30, 2016
Signed
Feb 6, 2017
Return Version
2015v3.0
Gross Receipts
$826,392
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
Land, Buildings, and Equipment, Net$29,222$76,175▲ $46,953
Savings and Temporary Cash Investments$61,522$61,587▲ $65
Cash and Non-Interest-Bearing Accounts$48,428$48,263▼ $165
Accounts Receivable$44,516$23,769▼ $20,747
Total Assets$183,688$209,794▲ $26,106
Liabilities
Other Liabilities$20,280$26,394▲ $6,114
Accounts Payable and Accrued Expenses$4,583$14,079▲ $9,496
Deferred Revenue$255$104▼ $151
Total Liabilities$25,118$40,577▲ $15,459
Net Assets / Fund Balance
Unrestricted Net Assets$158,570$169,217▲ $10,647
Total Net Assets Fund Balance$158,570$169,217▲ $10,647
Total Liabilities and Net Assets / Fund Balance$183,688$209,794▲ $26,106

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$76,175$29,509$105,684
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Beth UllucciLibrary DirectorFT$58,104$23,426$81,530

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$811,181
Program Service Revenue
$15,100
Investment Income
$111
Other Revenue
$0
All Other Contributions
$703,270
Change in Net Assets
$10,647
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$629,466
Other Expenses$186,279
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$396,226--$396,226
Other Employee Benefits$87,551$17,895-$105,446
Occupancy$79,507--$79,507
Current Officers, Directors, Trustees, and Key Employees-$58,104-$58,104
Payroll Taxes$35,845$4,365-$40,210
Pension Plan Contributions$23,949$5,531-$29,480
Information Technology$25,299--$25,299
Office Expenses$17,088--$17,088
Insurance$9,690--$9,690
Depreciation Depletion$6,041--$6,041
Fees for Services Accounting-$3,615-$3,615
Fees for Services Other-$2,162-$2,162
Other Expenses$1,838--$1,838
Travel$792--$792
Advertising$231--$231
Conferences and Meetings$125--$125
Total Functional Expenses$724,073$91,672$0$815,745
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$26,394
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

Filer Name
Jesse M Smith Memorial Library
EIN
05-0346368
Phone
4017107800
Address
100 TINKHAM LANE, HARRISVILLE, RI 02830

Signing Officer

Name
Beth Ullucci
Title
Library Director
Phone
4017107800
Signed
2017-02-06
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
21
Volunteers
25

Preparer

Firm
Cayer Caccia Llp
Address
931 JEFFERSON BLVD SUITE 2007, WARWICK, RI 02886
Preparer
Mark V Caccia CPA Mst
Phone
4017328900
Raw XML Appendix374 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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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
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IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
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IRS990/TotalRevenueGrp/ExclusionAmt00
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IRS990/USAddress/CityNm0HARRISVILLE
IRS990/USAddress/StateAbbreviationCd0RI
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IRS990/WebsiteAddressTxt0JMSLIBRARY.ORG
IRS990/WhistleblowerPolicyInd01
ReturnHeader/BuildTS02017-02-10 21:41:12Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0BETH ULLUCCI
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0LIBRARY DIRECTOR
ReturnHeader/BusinessOfficerGrp/PhoneNum04017107800
ReturnHeader/BusinessOfficerGrp/SignatureDt02017-02-06
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0JESSE M SMITH MEMORIAL LIBRARY
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ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0WARWICK
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0RI
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ReturnHeader/PreparerPersonGrp/PhoneNum04017328900
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0MARK V CACCIA CPA MST
ReturnHeader/ReturnTs02017-02-06T12:59:31-06:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02015-07-01
ReturnHeader/TaxPeriodEndDt02016-06-30
ReturnHeader/TaxYr02015

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