Civic Intelligence

John Jermain Memorial Library

990 • Fiscal year 2014 • EIN 11-1672774

Jan 01, 2014 to Dec 31, 2014 • Filed on May 08, 2015

Organization ProfileN/A

View Organization Page

PO Box 569Sag Harbor, NY 11963

(631) 725-0049

Siviq Scores

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

Liabilities / Assets

61st percentile

0.36x

Higher debt load relative to assets than 61% of similar nonprofits.

2014 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2014

Liabilities / Revenue

87th percentile

1.82x

Higher debt load relative to revenue than 87% of similar nonprofits.

2014 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2014

Net Margin

94th percentile

63%

Higher net margin than 94% of similar nonprofits.

2014 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2014

Top Officer Pay

42nd percentile

$148,608

Higher top officer pay than 42% of similar nonprofits.

Top officer pay equals 5.1% of source-year revenue.

2014 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2014

Asset Growth

92nd percentile

36%

Faster asset growth than 92% of similar nonprofits.

2014 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2013 to 2014

Revenue Growth

45th percentile

3.0%

Faster revenue growth than 45% of similar nonprofits.

2014 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2013 to 2014

Balance Sheet
Liabilities / Assets61st percentile

Assets

Up

$14,592,494

Up $3,851,487 (+36%) from 2013

Net Assets

Up

$9,319,643

Up $1,851,487 (+25%) from 2013

Liabilities

Up

$5,272,851

Up $2,000,000 (+61%) from 2013

Revenue And Expenses
Liabilities / Revenue87th percentileNet Margin94th percentile

Revenue

Up

$2,894,705

Up $84,747 (+3.0%) from 2013

Expenses

Up

$1,082,426

Up $33,704 (+3.2%) from 2013

Net Income

Up

$1,812,279

Up $51,043 (+2.9%) from 2013

Historical Trend

Balance Sheet Trend

Asset Growth92nd percentile

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

$30M$20M$10M$0Assets 2010: $2,671,721Liabilities 2010: $425,000Net Assets 2010: $2,246,7212010Assets 2011: $4,284,872Liabilities 2011: $425,358Net Assets 2011: $3,859,5142011Assets 2012: $7,511,740Liabilities 2012: $1,827,997Net Assets 2012: $5,683,7432012Assets 2013: $10,741,007Liabilities 2013: $3,272,851Net Assets 2013: $7,468,1562013Assets 2014: $14,592,494Liabilities 2014: $5,272,851Net Assets 2014: $9,319,6432014Assets 2015: $20,474,098Liabilities 2015: $9,214,000Net Assets 2015: $11,260,0982015Assets 2016: $22,062,058Liabilities 2016: $8,746,743Net Assets 2016: $13,315,3152016Assets 2017: $21,961,055Liabilities 2017: $8,211,571Net Assets 2017: $13,749,4842017Assets 2018: $21,914,533Liabilities 2018: $7,691,565Net Assets 2018: $14,222,9682018Assets 2019: $21,951,821Liabilities 2019: $7,145,957Net Assets 2019: $14,805,8642019Assets 2020: $21,779,904Liabilities 2020: $6,574,450Net Assets 2020: $15,205,4542020Assets 2021: $21,458,503Liabilities 2021: $5,973,835Net Assets 2021: $15,484,6682021Assets 2022: $21,285,151Liabilities 2022: $5,423,080Net Assets 2022: $15,862,0712022Assets 2023: $20,816,124Liabilities 2023: $4,762,436Net Assets 2023: $16,053,6882023Assets 2024: $20,573,912Liabilities 2024: $4,077,407Net Assets 2024: $16,496,5052024

Highlighted filing

2014

Assets$14,592,494
Liabilities$5,272,851
Net Assets$9,319,643
Open 2014 Filing

Operations Trend

Revenue Growth45th percentile

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

$4.0M$3.0M$2.0M$1.0M$0Expenses 2010: $972,5992010Expenses 2011: $1,065,9852011Expenses 2012: $1,023,5702012Revenue 2013: $2,809,958Expenses 2013: $1,048,722Net Income 2013: $1,761,2362013Revenue 2014: $2,894,705Expenses 2014: $1,082,426Net Income 2014: $1,812,2792014Revenue 2015: $3,049,312Expenses 2015: $1,105,034Net Income 2015: $1,944,2782015Revenue 2016: $3,753,344Expenses 2016: $1,698,493Net Income 2016: $2,054,8512016Revenue 2017: $2,777,153Expenses 2017: $2,343,778Net Income 2017: $433,3752017Revenue 2018: $2,918,378Expenses 2018: $2,442,426Net Income 2018: $475,9522018Revenue 2019: $3,247,584Expenses 2019: $2,666,423Net Income 2019: $581,1612019Revenue 2020: $2,972,110Expenses 2020: $2,572,567Net Income 2020: $399,5432020Revenue 2021: $2,987,471Expenses 2021: $2,709,042Net Income 2021: $278,4292021Revenue 2022: $3,104,381Expenses 2022: $2,761,581Net Income 2022: $342,8002022Revenue 2023: $3,262,990Expenses 2023: $3,194,562Net Income 2023: $68,4282023Revenue 2024: $3,558,510Expenses 2024: $3,281,873Net Income 2024: $276,6372024

Highlighted filing

2014

Revenue$2,894,705
Expenses$1,082,426
Net Income$1,812,279
Open 2014 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2014 to Dec 31, 2014
Signed
May 8, 2015
Return Version
2014v5.0
Gross Receipts
$2,914,653
Mission and Program Overview

Mission

To provide quality materials and services, which fulfill the educational, informational, cultural and recreational needs of the entire community in an atmosphere that is welcoming and respectful.

To provide library services to the community.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$711,593$1,257,226▲ $545,633
Land, Buildings, and Equipment, Net$408,961$383,167▼ $25,794
Investments Other Securities$289,466$354,792▲ $65,326
Cash and Non-Interest-Bearing Accounts$21,999$11,222▼ $10,777
Total Assets$10,741,007$14,592,494▲ $3,851,487
Other Assets Total$9,308,988$12,586,087▲ $3,277,099
Liabilities
Other Liabilities$3,272,851$5,272,851▲ $2,000,000
Total Liabilities$3,272,851$5,272,851▲ $2,000,000
Net Assets / Fund Balance
Unrestricted Net Assets$3,581,671$4,626,725▲ $1,045,054
Temporarily Rstr Net Assets$3,736,485$4,542,918▲ $806,433
Permanently Rstr Net Assets$150,000$150,000→ $0
Total Net Assets Fund Balance$7,468,156$9,319,643▲ $1,851,487
Total Liabilities and Net Assets / Fund Balance$10,741,007$14,592,494▲ $3,851,487

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$97,206$74,794-
Land$228,000--
Equipment$57,961$159,481-
Leasehold Improvements$0$107,922-
Other Assets Org$12,580,154--
Compensation and Service Providers
Top Officer Pay42nd percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Catherine CreedonDirectorFT$130,000$18,608$148,608

Board Members and Trustees

NameTitle
Michael GarabedianPresident
Craig RhodesVice President
Alison BondTrustee
Ann LeiberTrustee
Linley WhelanTrustee
Nick GazzoloTrustee
Jacqueline BrodySecretary
Toby SpitzTreasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
Trunzo Building Contractors INCPreconstruction Services Provided For Li382 MONTAUK HIGHWAY, Wainscott, NY 11975$2,648,071
Riverso Associates INCConstruction Management1088 CENTRAL PARK AVE, Scarsdale, NY 10583$192,634
Newman ArchitectsArchitectural Services Provided For Libr300 YORK STREET, New Haven, CT 06511$146,457
Revenue and Support

Revenue Composition

Contributions and Grants
$659,226
Program Service Revenue
$2,250,260
Investment Income
$5,167
Other Revenue
$-19,948
All Other Contributions
$572,975
Change in Net Assets
$1,812,279

Audited Revenue Reconciliation

Revenue per Audited Statements
$2,894,705
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$59,156
Total Revenue per Audited Statements
$2,953,861
Total Revenue per Form 990
$2,894,705
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$755,785
Other Expenses$326,641
Total Fundraising Expense$7,208
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Comp Disqual Persons$450,553--$450,553
Current Officers, Directors, Trustees, and Key Employees$130,000--$130,000
Other Employee Benefits$111,768$18,050-$129,818
Occupancy-$74,605-$74,605
All Other Expenses$51,338$14,947$7,208$73,493
Payroll Taxes$45,414--$45,414
Depreciation Depletion-$37,944-$37,944
Other Expenses$20,060--$20,060
Insurance-$14,937-$14,937
Fees for Services Accounting-$11,300-$11,300
Office Expenses$9,520--$9,520
Conferences and Meetings$7,787--$7,787
Fees for Services Legal-$785-$785
Total Functional Expenses$902,650$172,568$7,208$1,082,426

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$1,102,374
Expenses per Audited Statements$1,082,426
Total Expenses per Form 990$1,082,426
Expenses Not Reported on Form 990$19,948
Expenses Not Reported on Financial Statements$0
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
Loans Payable - Bhnb$5,272,851
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
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
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11

“The board of trustees reviews and approves the form 990 prior to filing with the irs.”

Form 990, Part VI, Section B, Line 12C

“There is an annual reminder to the board of trustees and all staff members regarding the conflict of interest policy.”

Form 990, Part VI, Section B, Line 15

“A review of the director is performed annually by the board of trustees, at which time they decide what the rate of pay for the next year will be. Officers receive no compensation.”

Form 990, Part VI, Section C, Line 18

“The library's governing documents, conflict of interest policy, and financial statements are available to the public upon request.”

Form 990, Part VI, Section C, Line 19

“The library's governing documents, conflict of interest policy, and financial statements are available to the public upon request.”

Filing and Contact Details

Filer

Filer Name
John Jermain Memorial Library
EIN
11-1672774
Phone
6317250049
Address
PO BOX 569, SAG HARBOR, NY 11963

Signing Officer

Name
Michael Garabedian
Title
President
Phone
6317250049
Signed
2015-05-08
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Michael Garabedian
Formed
1910
Legal Domicile
Ny
Voting Board Members
8
Independent Board Members
8
Employees
19
Volunteers
0

Preparer

Firm
Markowitz Fenelon & Bank Llp
Address
78 WHITE STREET, SOUTHAMPTON, NY 11968
Preparer
Joseph Mammina
Phone
6312834955
Supplemental Narrative

Additional Explanations

FORM 990, PART XII, LINE 2C:

“The board of directors has established an audit committee responsible for communicating with the auditors and taking responsibility for the financial statements.”

Financial Statement Notes

PART III, LINE 1A:

“The library has elected not to include the value of its books or collections on its statement of assets, liabilities and net assets. Proceeds must be used to purchase books or artifacts, which further the library's purpose. Current year purchases of books are expensed as part of program costs.”

PART III, LINE 4:

“The collection includes many artifacts from the local area. Each item is catalogued, preserved, cared and maintained for the enjoyment of the public.”

Raw XML AppendixShowing 400 of 474 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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IRS990/NetUnrlzdGainsLossesInvstAmt039208
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ManagementAndGeneralAmt074605
IRS990/OccupancyGrp/TotalAmt074605
IRS990/OfficeExpensesGrp/ProgramServicesAmt09520
IRS990/OfficeExpensesGrp/TotalAmt09520
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt09308988
IRS990/OtherAssetsTotalGrp/EOYAmt012586087
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt018050
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt0111768
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0129818
IRS990/OtherExpensesGrp/Desc0BOOKS
IRS990/OtherExpensesGrp/Desc1AUDIO AND VIDEO
IRS990/OtherExpensesGrp/Desc2PROGRAM COSTS
IRS990/OtherExpensesGrp/Desc3SCLS
IRS990/OtherExpensesGrp/ProgramServicesAmt029602
IRS990/OtherExpensesGrp/ProgramServicesAmt123740
IRS990/OtherExpensesGrp/ProgramServicesAmt222868
IRS990/OtherExpensesGrp/ProgramServicesAmt320060
IRS990/OtherExpensesGrp/TotalAmt029602
IRS990/OtherExpensesGrp/TotalAmt123740
IRS990/OtherExpensesGrp/TotalAmt222868
IRS990/OtherExpensesGrp/TotalAmt320060
IRS990/OtherLiabilitiesGrp/BOYAmt03272851
IRS990/OtherLiabilitiesGrp/EOYAmt05272851
IRS990/OtherOrganizationDsc0LIBRARY
IRS990/PartialLiquidationInd00
IRS990/PayrollTaxesGrp/ProgramServicesAmt045414
IRS990/PayrollTaxesGrp/TotalAmt045414
IRS990/PermanentlyRstrNetAssetsGrp/BOYAmt0150000
IRS990/PermanentlyRstrNetAssetsGrp/EOYAmt0150000
IRS990/PoliticalCampaignActyInd00
IRS990/PrincipalOfficerNm0MICHAEL GARABEDIAN
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0812900
IRS990/ProgramServiceRevenueGrp/BusinessCd1812900
IRS990/ProgramServiceRevenueGrp/BusinessCd2812900
IRS990/ProgramServiceRevenueGrp/BusinessCd3812900
IRS990/ProgramServiceRevenueGrp/BusinessCd4812900
IRS990/ProgramServiceRevenueGrp/Desc0TAX LEVY
IRS990/ProgramServiceRevenueGrp/Desc1BONDS FOR BUILDING EXP
IRS990/ProgramServiceRevenueGrp/Desc2FINES
IRS990/ProgramServiceRevenueGrp/Desc3MISCELLANEOUS
IRS990/ProgramServiceRevenueGrp/Desc4XEROX FEES
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt01319406
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1910879
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt210197
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt36105
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt43673
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt01319406
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1910879
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt210197
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt36105
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt43673
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0636743
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt010978
IRS990/PYOtherExpensesAmt0320065
IRS990/PYOtherRevenueAmt0-28601
IRS990/PYProgramServiceRevenueAmt02190838
IRS990/PYRevenuesLessExpensesAmt01761236
IRS990/PYSalariesCompEmpBnftPaidAmt0728657
IRS990/PYTotalExpensesAmt01048722
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt02809958
IRS990/QuidProQuoContributionsInd00
IRS990/ReconcilationRevenueExpnssAmt01812279
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/RentalIncomeOrLossGrp/RealAmt0-19948
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd01
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt02230312
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0711593
IRS990/SavingsAndTempCashInvstGrp/EOYAmt01257226
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt02889511
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt02806212
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt02832664
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt02669448
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt02053495
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt013251330
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt05167
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt010978
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt019816
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt016527
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt011089
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt063577
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearAmt019975
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus1YearAmt011369
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus2YearsAmt021256
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus3YearsAmt022661
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus4YearsAmt037081
IRS990ScheduleA/OtherIncome170Grp/TotalAmt0112342
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.98690
IRS990ScheduleA/PublicSupportPY170Pct00.98220
IRS990ScheduleA/PublicSupportTotal170Amt013251330
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt02889511
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt02806212
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt02832664
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt02669448
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt02053495
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt013251330
IRS990ScheduleA/TotalSupportAmt013427249
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/ScheduleBRequiredInd01
IRS990ScheduleD/BuildingsGrp/BookValueAmt097206
IRS990ScheduleD/BuildingsGrp/DepreciationAmt074794
IRS990ScheduleD/BuildingsGrp/InvestmentCostOrOtherBasisAmt0172000
IRS990ScheduleD/CollectionUsedPubExhibitionInd0X
IRS990ScheduleD/EquipmentGrp/BookValueAmt057961
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0159481
IRS990ScheduleD/EquipmentGrp/InvestmentCostOrOtherBasisAmt0217442
IRS990ScheduleD/ExpensesNotReportedAmt019948
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt01082426
IRS990ScheduleD/LandGrp/BookValueAmt0228000
IRS990ScheduleD/LandGrp/InvestmentCostOrOtherBasisAmt0228000
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt00
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt0107922
IRS990ScheduleD/LeaseholdImprovementsGrp/InvestmentCostOrOtherBasisAmt0107922
IRS990ScheduleD/NetUnrealizedGainsInvstAmt039208
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt05933
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt112580154
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0NET CLOSING COSTS
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1CONSTRUCTION IN PROGRESS
IRS990ScheduleD/OtherExpensesIncludedAmt019948
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt05272851
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0LOANS PAYABLE - BHNB
IRS990ScheduleD/OtherRevenueAmt019948
IRS990ScheduleD/RevenueNotReportedAmt059156
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt02894705
IRS990ScheduleD/SolicitedAssetsSaleInd00
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE LIBRARY HAS ELECTED NOT TO INCLUDE THE VALUE OF ITS BOOKS OR COLLECTIONS ON ITS STATEMENT OF ASSETS, LIABILITIES AND NET ASSETS. PROCEEDS MUST BE USED TO PURCHASE BOOKS OR ARTIFACTS, WHICH FURTHER THE LIBRARY'S PURPOSE. CURRENT YEAR PURCHASES OF BOOKS ARE EXPENSED AS PART OF PROGRAM COSTS.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1THE COLLECTION INCLUDES MANY ARTIFACTS FROM THE LOCAL AREA. EACH ITEM IS CATALOGUED, PRESERVED, CARED AND MAINTAINED FOR THE ENJOYMENT OF THE PUBLIC.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART III, LINE 1A:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1PART III, LINE 4:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0383167
IRS990ScheduleD/TotalBookValueOtherAssetsAmt012586087
IRS990ScheduleD/TotalExpensesPerForm990Amt01082426
IRS990ScheduleD/TotalLiabilityAmt05272851
IRS990ScheduleD/TotalRevenuePerForm990Amt02894705
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt02953861
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt01102374
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE BOARD OF TRUSTEES REVIEWS AND APPROVES THE FORM 990 PRIOR TO FILING WITH THE IRS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THERE IS AN ANNUAL REMINDER TO THE BOARD OF TRUSTEES AND ALL STAFF MEMBERS REGARDING THE CONFLICT OF INTEREST POLICY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2A REVIEW OF THE DIRECTOR IS PERFORMED ANNUALLY BY THE BOARD OF TRUSTEES, AT WHICH TIME THEY DECIDE WHAT THE RATE OF PAY FOR THE NEXT YEAR WILL BE. OFFICERS RECEIVE NO COMPENSATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE LIBRARY'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE LIBRARY'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THE BOARD OF DIRECTORS HAS ESTABLISHED AN AUDIT COMMITTEE RESPONSIBLE FOR COMMUNICATING WITH THE AUDITORS AND TAKING RESPONSIBILITY FOR THE FINANCIAL STATEMENTS.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 15
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION C, LINE 18
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART XII, LINE 2C:
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToProxyTaxInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TemporarilyRstrNetAssetsGrp/BOYAmt03736485
IRS990/TemporarilyRstrNetAssetsGrp/EOYAmt04542918

Document Assets

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Filings

Displayed year

2014 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$14,592,494
Liabilities
$5,272,851
Net assets
$9,319,643
Revenue
$2,894,705
Expenses
$1,082,426
Net income
$1,812,279
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$20.6$4.08$16.5$3.56$3.28$0.28
2023Detailed filing. Detailed filing data is available for this year.$20.8$4.76$16.1$3.26$3.19$0.07
2022Detailed filing. Detailed filing data is available for this year.$21.3$5.42$15.9$3.10$2.76$0.34
2021Detailed filing. Detailed filing data is available for this year.$21.5$5.97$15.5$2.99$2.71$0.28
2020Detailed filing. Detailed filing data is available for this year.$21.8$6.57$15.2$2.97$2.57$0.40
2019Detailed filing. Detailed filing data is available for this year.$22.0$7.15$14.8$3.25$2.67$0.58
2018Detailed filing. Detailed filing data is available for this year.$21.9$7.69$14.2$2.92$2.44$0.48
2017Detailed filing. Detailed filing data is available for this year.$22.0$8.21$13.7$2.78$2.34$0.43
2016Detailed filing. Detailed filing data is available for this year.$22.1$8.75$13.3$3.75$1.70$2.05
2015Detailed filing. Detailed filing data is available for this year.$20.5$9.21$11.3$3.05$1.11$1.94
2014Detailed filing. Detailed filing data is available for this year.$14.6$5.27$9.32$2.89$1.08$1.81
2013Detailed filing. Detailed filing data is available for this year.$10.7$3.27$7.47$2.81$1.05$1.76
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$7.51$1.83$5.68$1.02
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.28$0.43$3.86$1.07
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.67$0.43$2.25$0.97