Civic Intelligence

Louttit Library

990 • Fiscal year 2015 • EIN 05-6016282

Jan 01, 2015 to Dec 31, 2015 • Filed on May 09, 2016

274 Victory HighwayWest Greenwich, RI 02817-2155

(401) 397-3434

Siviq Scores

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

Liabilities / Assets

25th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2015 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2015

Liabilities / Revenue

25th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2015 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2015

Net Margin

30th percentile

-3.8%

Higher net margin than 30% of similar nonprofits.

2015 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2015

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2015

Asset Growth

41st percentile

-1.0%

Faster asset growth than 41% of similar nonprofits.

2015 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2014 to 2015

Revenue Growth

24th percentile

-11%

Faster revenue growth than 24% of similar nonprofits.

2015 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2014 to 2015

Assets

Down

$624,536

Down $6,334 (-1.0%) from 2014

Net Assets

Down

$624,536

Down $6,334 (-1.0%) from 2014

Liabilities

Flat

$0

Flat from 2014

Revenue

Down

$166,363

Down $19,527 (-11%) from 2014

Expenses

Down

$172,697

Down $6,486 (-3.6%) from 2014

Net Income

Down

-$6,334

Down $13,041 (-194%) from 2014

Historical Trend

Balance Sheet Trend

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

$800K$600K$400K$200K$0Assets 2011: $659,726Liabilities 2011: $0Net Assets 2011: $659,7262011Assets 2012: $644,178Liabilities 2012: $0Net Assets 2012: $644,1782012Assets 2013: $624,163Liabilities 2013: $0Net Assets 2013: $624,1632013Assets 2014: $630,870Liabilities 2014: $0Net Assets 2014: $630,8702014Assets 2015: $624,536Liabilities 2015: $0Net Assets 2015: $624,5362015Assets 2016: $640,936Liabilities 2016: $0Net Assets 2016: $640,9362016Assets 2017: $634,118Liabilities 2017: $0Net Assets 2017: $634,1182017Assets 2018: $712,571Liabilities 2018: $0Net Assets 2018: $712,5712018Assets 2019: $675,414Liabilities 2019: $0Net Assets 2019: $675,4142019Assets 2020: $653,029Liabilities 2020: $0Net Assets 2020: $653,0292020Assets 2021: $622,685Liabilities 2021: $0Net Assets 2021: $622,6852021Assets 2022: $614,871Liabilities 2022: $0Net Assets 2022: $614,8712022Assets 2023: $606,489Liabilities 2023: $0Net Assets 2023: $606,4892023Assets 2024: $566,584Liabilities 2024: $0Net Assets 2024: $566,5842024

Highlighted filing

2015

Assets$624,536
Liabilities$0
Net Assets$624,536

Operations Trend

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

$400K$300K$200K$100K$0-$100KRevenue 2011: $184,647Expenses 2011: $149,039Net Income 2011: $35,6082011Expenses 2012: $166,7652012Revenue 2013: $150,508Expenses 2013: $170,523Net Income 2013: -$20,0152013Revenue 2014: $185,890Expenses 2014: $179,183Net Income 2014: $6,7072014Revenue 2015: $166,363Expenses 2015: $172,697Net Income 2015: -$6,3342015Revenue 2016: $201,201Expenses 2016: $184,801Net Income 2016: $16,4002016Revenue 2017: $197,159Expenses 2017: $203,977Net Income 2017: -$6,8182017Revenue 2018: $304,657Expenses 2018: $226,204Net Income 2018: $78,4532018Revenue 2019: $228,156Expenses 2019: $265,313Net Income 2019: -$37,1572019Revenue 2020: $227,374Expenses 2020: $249,758Net Income 2020: -$22,3842020Revenue 2021: $262,393Expenses 2021: $292,662Net Income 2021: -$30,2692021Revenue 2022: $298,915Expenses 2022: $306,729Net Income 2022: -$7,8142022Revenue 2023: $312,081Expenses 2023: $320,461Net Income 2023: -$8,3802023Revenue 2024: $298,982Expenses 2024: $338,887Net Income 2024: -$39,9052024

Highlighted filing

2015

Revenue$166,363
Expenses$172,697
Net Income-$6,334
Jump To
Filing Snapshot
Filing Period
Jan 1, 2015 to Dec 31, 2015
Signed
May 9, 2016
Return Version
2015v2.1
Gross Receipts
$166,363
Mission and Program Overview

Mission

PUBLIC LIBRARY

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$587,727$581,604▼ $6,123
Savings and Temporary Cash Investments$38,369$41,364▲ $2,995
Cash and Non-Interest-Bearing Accounts$4,774$1,568▼ $3,206
Total Assets$630,870$624,536▼ $6,334
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Unrestricted Net Assets$630,870$624,536▼ $6,334
Total Net Assets Fund Balance$630,870$624,536▼ $6,334
Total Liabilities and Net Assets / Fund Balance$630,870$624,536▼ $6,334

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$569,974$201,437-
Equipment$11,630$49,336-
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Annette FeldmanExec DirectorPT$37,525$37,525

Board Members and Trustees

NameTitle
Jim WoloohojianBldg Comm. Chair
Ken LonngrenPresident
Carlo GambaTrustee
Donald E ChampagneTrustee
Sherri ArnoldTrustee
Sandra StanzioneTrustee/VP
Robert BollengierTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$160,153
Program Service Revenue
$6,182
Investment Income
$28
Other Revenue
$0
All Other Contributions
$15,820
Change in Net Assets
$-6,334
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$105,322
Other Expenses$67,375
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$60,312$0$0$60,312
Current Officers, Directors, Trustees, and Key Employees$22,515$15,010$0$37,525
Depreciation Depletion$18,791$3,316$0$22,107
Payroll Taxes$6,337$1,148$0$7,485
Other Expenses$4,915$0$0$4,915
Occupancy$0$1,301$0$1,301
Fees for Services Other$762$134$0$896
Fees for Services Accounting$0$650$0$650
Travel$0$634$0$634
Insurance$503$91$0$594
Total Functional Expenses$148,888$23,809$0$172,697
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
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
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No
Filing and Contact Details

Filer

Filer Name
Louttit Library
EIN
05-6016282
Phone
4013973434
Address
274 VICTORY HIGHWAY, WEST GREENWICH, RI 02817-2155

Signing Officer

Name
Annette Feldman
Title
Executive Director
Phone
4013973434
Signed
2016-05-09
Discuss with paid preparer
Yes

Organization Details

Formed
1951
Legal Domicile
Ri
Voting Board Members
7
Independent Board Members
7
Employees
6
Volunteers
1

Preparer

Firm
Carlucci & Dugan CPAs
Address
1525 Old Louisquisset Pike Ste B201, Lincoln, RI 02865
Preparer
Mario P Carlucci CPA
Phone
4017263355
Supplemental Narrative

Additional Explanations

Pt VI, Line 6

Members

Pt VI, Line 11B

Prior to mailing return certain members review 990

Pt VI, Line 19

Upon request

Form 990EZ, Part I, Line 8

MISCELLANEOUS

Form 990EZ, Part I, Line 16

INSURANCE

Form 990EZ, Part I, Line 16

LIBRARY MATERIALS

Form 990EZ, Part I, Line 16

Library Network Fees

Form 990EZ, Part I, Line 16

Miscellaneous

Form 990EZ, Part I, Line 16

PAYROLL SERVICE FEE

Form 990EZ, Part I, Line 16

Payroll Taxes

Form 990EZ, Part I, Line 16

Supplies

Form 990EZ, Part I, Line 16

Travel

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IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0179388
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0145528
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0145625
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0146707
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0777401
IRS990ScheduleA/TotalSupportAmt0838624
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleD/BuildingsGrp/BookValueAmt0569974
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0201437
IRS990ScheduleD/BuildingsGrp/InvestmentCostOrOtherBasisAmt0771411
IRS990ScheduleD/EquipmentGrp/BookValueAmt011630
IRS990ScheduleD/EquipmentGrp/DepreciationAmt049336
IRS990ScheduleD/EquipmentGrp/InvestmentCostOrOtherBasisAmt060966
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0581604
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Members
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Prior to mailing return certain members review 990
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Upon request
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3MISCELLANEOUS
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4INSURANCE
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5LIBRARY MATERIALS
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6Library Network Fees
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7Miscellaneous
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8PAYROLL SERVICE FEE
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt9Payroll Taxes
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt10Supplies
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt11Travel
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Pt VI, Line 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Pt VI, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Pt VI, Line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990EZ, Part I, Line 8
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc9Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc10Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc11Form 990EZ, Part I, Line 16
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxableDistributionsInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0630870
IRS990/TotalAssetsEOYAmt0624536
IRS990/TotalAssetsGrp/BOYAmt0630870
IRS990/TotalAssetsGrp/EOYAmt0624536
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt0160153
IRS990/TotalEmployeeCnt06
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt023809
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0148888
IRS990/TotalFunctionalExpensesGrp/TotalAmt0172697
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesEOYAmt00
IRS990/TotalLiabilitiesGrp/BOYAmt00
IRS990/TotalLiabilitiesGrp/EOYAmt00
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0630870
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0624536
IRS990/TotalProgramServiceExpensesAmt0148888
IRS990/TotalProgramServiceRevenueAmt06182
IRS990/TotalReportableCompFromOrgAmt037525
IRS990/TotalRevenueGrp/ExclusionAmt028
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt06182
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0166363
IRS990/TotalVolunteersCnt01
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0630870
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0624536
IRS990/TransactionWithControlEntInd0false
IRS990/TravelGrp/FundraisingAmt00
IRS990/TravelGrp/ManagementAndGeneralAmt0634
IRS990/TravelGrp/ProgramServicesAmt00
IRS990/TravelGrp/TotalAmt0634
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnrestrictedNetAssetsGrp/BOYAmt0630870
IRS990/UnrestrictedNetAssetsGrp/EOYAmt0624536
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0274 Vctry Hghwy
IRS990/USAddress/CityNm0WGreenwich
IRS990/USAddress/StateAbbreviationCd0RI
IRS990/USAddress/ZIPCd002817
IRS990/VotingMembersGoverningBodyCnt07
IRS990/VotingMembersIndependentCnt07
IRS990/WebsiteAddressTxt0West-Greenwich.ri.us./library/louttit.html
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02016-12-15 16:53:06Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0ANNETTE FELDMAN
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0EXECUTIVE DIRECTOR
ReturnHeader/BusinessOfficerGrp/PhoneNum04013973434
ReturnHeader/BusinessOfficerGrp/SignatureDt02016-05-09
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0Louttit Library
ReturnHeader/Filer/BusinessNameControlTxt0LOUT
ReturnHeader/Filer/EIN0056016282
ReturnHeader/Filer/PhoneNum04013973434
ReturnHeader/Filer/USAddress/AddressLine1Txt0274 VICTORY HIGHWAY
ReturnHeader/Filer/USAddress/CityNm0WEST GREENWICH
ReturnHeader/Filer/USAddress/StateAbbreviationCd0RI
ReturnHeader/Filer/USAddress/ZIPCd0028172155
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Carlucci & Dugan CPAs
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt01525 Old Louisquisset Pike Ste B201
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Lincoln
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0RI
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd002865

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.67$0.00$5.67$2.99$3.39$0.40
2023Detailed filing. Detailed filing data is available for this year.$6.06$0.00$6.06$3.12$3.20$0.08
2022Detailed filing. Detailed filing data is available for this year.$6.15$0.00$6.15$2.99$3.07$0.08
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$6.23$0.00$6.23$2.62$2.93$0.30
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$6.53$0.00$6.53$2.27$2.50$0.22
2019Facts available. Structured filing facts are available, but richer extracted sections are limited.$6.75$0.00$6.75$2.28$2.65$0.37
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$7.13$0.00$7.13$3.05$2.26$0.78
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$6.34$0.00$6.34$1.97$2.04$0.07
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$6.41$0.00$6.41$2.01$1.85$0.16
2015Detailed filing. Detailed filing data is available for this year.$6.25$0.00$6.25$1.66$1.73$0.06
2014Detailed filing. Detailed filing data is available for this year.$6.31$0.00$6.31$1.86$1.79$0.07
2013Summary only. Only limited summary data is available for this year.$6.24$0.00$6.24$1.51$1.71$0.20
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$6.44$0.00$6.44$1.67
2011Summary only. Only limited summary data is available for this year.$6.60$0.00$6.60$1.85$1.49$0.36