Civic Intelligence

Jesse M Smith Memorial Library

990 • Fiscal year 2018 • EIN 05-0346368

Jul 01, 2017 to Jun 30, 2018 • Filed on May 13, 2019

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

60th percentile

0.07x

Higher debt load relative to assets than 60% of similar nonprofits.

2018 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2018

Liabilities / Revenue

46th percentile

0.02x

Higher debt load relative to revenue than 46% of similar nonprofits.

2018 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2018

Net Margin

55th percentile

5.3%

Higher net margin than 55% of similar nonprofits.

2018 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2018

Top Officer Pay

84th percentile

$87,345

Higher top officer pay than 84% of similar nonprofits.

Top officer pay equals 9.2% of source-year revenue.

2018 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2018

Asset Growth

78th percentile

21%

Faster asset growth than 78% of similar nonprofits.

2018 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2017 to 2018

Revenue Growth

47th percentile

2.7%

Faster revenue growth than 47% of similar nonprofits.

2018 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2017 to 2018

Assets

Up

$290,270

Up $49,986 (+21%) from 2017

Net Assets

Up

$268,523

Up $50,150 (+23%) from 2017

Liabilities

Down

$21,747

Down $164 (-0.7%) from 2017

Revenue

Up

$947,342

Up $24,692 (+2.7%) from 2017

Expenses

Up

$897,192

Up $23,698 (+2.7%) from 2017

Net Income

Up

$50,150

Up $994 (+2.0%) from 2017

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

2018

Assets$290,270
Liabilities$21,747
Net Assets$268,523

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

2018

Revenue$947,342
Expenses$897,192
Net Income$50,150
Jump To
Filing Snapshot
Filing Period
Jul 1, 2017 to Jun 30, 2018
Signed
May 13, 2019
Return Version
2017v2.3
Gross Receipts
$947,342
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
Accounts Receivable$75,654$117,237▲ $41,583
Land, Buildings, and Equipment, Net$67,382$74,110▲ $6,728
Savings and Temporary Cash Investments$62,303$62,429▲ $126
Cash and Non-Interest-Bearing Accounts$34,545$35,626▲ $1,081
Prepaid Expenses and Deferred Charges$400$868▲ $468
Total Assets$240,284$290,270▲ $49,986
Liabilities
Accounts Payable and Accrued Expenses$10,921$11,668▲ $747
Other Liabilities$10,886$10,079▼ $807
Deferred Revenue$104--
Total Liabilities$21,911$21,747▼ $164
Net Assets / Fund Balance
Unrestricted Net Assets$218,373$268,523▲ $50,150
Total Net Assets Fund Balance$218,373$268,523▲ $50,150
Total Liabilities and Net Assets / Fund Balance$240,284$290,270▲ $49,986

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$74,110$46,974$121,084
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Beth UllucciLibrary DirectorFT$60,606$26,739$87,345

Board Members and Trustees

NameTitle
Aaron CoutuPresident
Anita Hurley-diezTrustee
Lynn FournierTrustee
Dorothy KarolyshynSecretary
Margaret DudleyTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$931,740
Program Service Revenue
$15,396
Investment Income
$206
Other Revenue
$0
All Other Contributions
$789,918
Change in Net Assets
$50,150
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$696,954
Other Expenses$200,238
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$452,566--$452,566
Other Employee Benefits$85,785$21,648-$107,433
Occupancy$68,368--$68,368
Current Officers, Directors, Trustees, and Key Employees-$60,606-$60,606
Payroll Taxes$40,310$4,636-$44,946
Information Technology$31,676--$31,676
Pension Plan Contributions$26,312$5,091-$31,403
Office Expenses$22,098--$22,098
Insurance$10,943--$10,943
Depreciation Depletion$8,671--$8,671
Fees for Services Other-$2,294-$2,294
Fees for Services Accounting-$2,075-$2,075
Travel$726--$726
Conferences and Meetings$580--$580
Advertising$385--$385
Other Expenses$205--$205
Total Functional Expenses$800,842$96,350$0$897,192
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$10,079
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
No
Audit committee
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 11B

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
2019-05-13
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
25
Volunteers
35

Preparer

Firm
Cayer Caccia Llp
Address
931 JEFFERSON BLVD SUITE 2007, WARWICK, RI 02886
Preparer
Mark V Caccia CPA Mst
Phone
4017328900
Raw XML Appendix377 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/CurrentTaxYearMinus2YearsAmt0811182
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0782697
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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 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 15
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION C, LINE 19
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IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
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IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
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IRS990/TotalRevenueGrp/ExclusionAmt00
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IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt0206
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IRS990/TotReportableCompRltdOrgAmt00
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IRS990/UnrelatedBusIncmOverLimitInd00
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IRS990/WhistleblowerPolicyInd01
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ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0LIBRARY DIRECTOR
ReturnHeader/BusinessOfficerGrp/PhoneNum04017107800
ReturnHeader/BusinessOfficerGrp/SignatureDt02019-05-13
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ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt0108.34.134.66
ReturnHeader/FilingSecurityInformation/IPDt02019-05-13
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0ED
ReturnHeader/FilingSecurityInformation/IPTm012:20:17
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0141887712
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0CAYER CACCIA LLP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0931 JEFFERSON BLVD SUITE 2007
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0WARWICK
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0RI
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ReturnHeader/PreparerPersonGrp/PhoneNum04017328900
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0MARK V CACCIA CPA MST
ReturnHeader/ReturnTs02019-05-13T11:21:02-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02017-07-01
ReturnHeader/TaxPeriodEndDt02018-06-30
ReturnHeader/TaxYr02017

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