Civic Intelligence

Friends of Stowe Free Library Inc

EIN 20-5452898 • 501(c)3 • Stowe, VT

Pub. 78 Eligible990-N Coverage

Profile

The mission of the friends of the stowe free library is to foster close relations between stowe free library and the stowe community by developing human and financial resources, sponsoring activities and programs, and promoting knowledge of library resources.

PO Box 1029Stowe, VT 05672

n/A

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on the latest valid filing.

Source year 2022

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on the latest valid filing.

Source year 2022

Net Margin

93rd percentile

64%

Higher net margin than 93% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2022

Top Officer Pay

81st percentile

$0

Higher top officer pay than 81% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

501(c)3 • <$500k nonprofits • Source year 2022

Asset Growth

69th percentile

11%

Faster asset growth than 69% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2021 to 2022

Revenue Growth

75th percentile

26%

Faster revenue growth than 75% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2021 to 2022

Balance Sheet
Liabilities / AssetsScore unavailable

Assets

Up

$230,225

Up $23,370 (+11%) from 2021

Liabilities

-

No earlier filing loaded for comparison.

Net Assets

Up

$230,225

Up $23,370 (+11%) from 2021

Operations
Liabilities / RevenueScore unavailableNet Margin93rd percentile

Revenue

Up

$36,784

Up $7,530 (+26%) from 2021

Expenses

Down

$13,414

Down $2,793 (-17%) from 2021

Net Income

Up

$23,370

Up $10,323 (+79%) from 2021

Trend Graphs

Balance Sheet Trend

Asset Growth69th percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$300K$200K$100K$0Assets 2019: $186,199Net Assets 2019: $186,1992019Assets 2020: $193,808Net Assets 2020: $193,8082020Assets 2021: $206,855Net Assets 2021: $206,8552021Assets 2022: $230,225Net Assets 2022: $230,2252022

Highlighted filing

2022

Assets$230,225
Liabilities-
Net Assets$230,225
Open 2022 Filing

Operations Trend

Revenue Growth75th percentile

Revenue, expenses, and net income by year, with the latest filing highlighted.

$200K$150K$100K$50K$0Revenue 2019: $159,094Expenses 2019: $29,711Net Income 2019: $129,3832019Revenue 2020: $43,707Expenses 2020: $36,098Net Income 2020: $7,6092020Revenue 2021: $29,254Expenses 2021: $16,207Net Income 2021: $13,0472021Revenue 2022: $36,784Expenses 2022: $13,414Net Income 2022: $23,3702022

Highlighted filing

2022

Revenue$36,784
Expenses$13,414
Net Income$23,370
Open 2022 Filing

Filings

Most recent year

2022 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$230,225
Liabilities
-
Net assets
$230,225
Revenue
$36,784
Expenses
$13,414
Net income
$23,370
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2022Detailed filing. Detailed filing data is available for this year.$2.30$2.30$0.37$0.13$0.23
2021Detailed filing. Detailed filing data is available for this year.$2.07$2.07$0.29$0.16$0.13
2020Detailed filing. Detailed filing data is available for this year.$1.94$1.94$0.44$0.36$0.08
2019Detailed filing. Detailed filing data is available for this year.$1.86$1.86$1.59$0.30$1.29
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2021 to Jun 30, 2022
Signed
Oct 24, 2022
Return Version
2021v4.0
Gross Receipts
$36,784
Mission and Program Overview

Mission

The mission of the friends of the stowe free library is to foster close relations between stowe free library and the stowe community by developing human and financial resources, sponsoring activities and programs, and promoting knowledge of library resources.

Program Services

DescriptionGrantsExpenses
DEVELOP HUMAN AND FINANCIAL RESOURCES, SPONSOR ACTIVITIES AND PROGRAMS, AND PROMOTE KNOWLEDGE OF LIBRARY RESOURCES$6,393$13,414
Compensation and Service Providers
Top Officer Pay81st percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
LOUISE THOMPSONDirector-$0--
RONNA ZIEGELPresident-$0--
CAROL STEVENSTreasurer-$0--
MARGOT HALLDirector-$0--
CONSTANCE CARRINOSecretary-$0--
PEG LACKEYDirector-$0--
BARBARA BAUMANDirector-$0--
KELLEY SPEARDirector-$0--
KATHLEEN SAWYERDirector-$0--
PENNY MCGAUGHYDirector-$0--
SALLY NOLANDirector-$0--
Filing and Contact Details

Filer

Filer Name
Friends of Stowe Free Library Inc
EIN
20-5452898
Phone
8022534808
Address
PO BOX 1029, STOWE, VT 05672

Signing Officer

Name
Carol Stevens
Title
Treasurer
Phone
8022534808
Signed
2022-10-24
Discuss with paid preparer
Yes

Preparer

Firm
Marckres Norder and Company Inc
Address
PO BOX 732, MORRISVILLE, VT 05661
Preparer
Carrie E Martin CPA
Phone
8028887781
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 10

“Name: town of stowe address: 96 pond street stowe, vt 05672 noncash contribution: 6,393”

Form 990-ez, Part I, Line 16

“Expenses office supplies 26 insurance 850 decorations 562 dues & subscriptions 923 summer reading incentives 39 sponsorship 1,000 total 3,400”

Form 990-ez, Part III

“The mission of the friends of the stowe free library is to foster close relations between stowe free library and the stowe community by developing human and financial resources, sponsoring activities and programs, and promoting knowledge of library resources.”

Raw XML Appendix181 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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IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1PRESIDENT
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3DIRECTOR
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IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
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IRS990EZ/PrimaryExemptPurposeTxt0THE MISSION OF THE FRIENDS OF THE STOWE FREE LIBRARY IS TO FOSTER CLOSE RELATIONS BETWEEN STOWE FREE LIBRARY AND THE STOWE COMMUNITY BY DEVELOPING HUMAN AND FINANCIAL RESOURCES, SPONSORING ACTIVITIES AND PROGRAMS, AND PROMOTING KNOWLEDGE OF LIBRARY RESOURCES.
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IRS990EZ/ProhibitedTaxShelterTransInd0false
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IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0THE SUPPORTED ORGANIZATION'S DIRECTOR ATTENDS ALL OF THE MEETINGS HELD BY THE FRIENDS OF THE STOWE FREE LIBRARY AND ASSISTS WITH THE PREPARATION OF THE BUDGET. ANNUALLY, A WISH LIST IS PRESENTED TO THE FRIENDS BY THE DIRECTOR OF THE STOWE FREE LIBRARY (SUPPORTED ORGANIZATION)AT THE TIME THAT THE BUDGET IS BEING PREPARED TO BE CONSIDERED IN THE FOLLOWING YEAR. THE PRESIDENT OF THE FRIENDS ATTENDS THE BOARD MEETINGS HELD BY THE STOWE FREE LIBRARY IN ORDER TO STAY INFORMED OF SPECIAL EVENTS, ETC. THAT THE LIBRARY IS SPONSORING.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt1THE DIRECTOR OF THE SUPPORTED ORGANIZATION ASSISTS WITH THE PREPARATION OF THE BUDGET USING A LIST OF REQUESTS THAT WAS COMPILED BY THE STOWE FREE LIBRARY.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt2THE FRIENDS COMPILE AN ANNUAL BUDGET THAT SOLELY SUPPORTS LIBRARY ACTIVITIES SUCH AS PROVIDING PRESENTERS AT LIBRARY SPONSORED EVENTS, PURCHASING DVD'S, HOSTING AN ANNUAL BOOK SALE.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt3THE FRIENDS INVOLVEMENT IS PRIMARILY IN THE FORM OF SUPPORTING EVENTS THAT ARE PLANNED AND ADMINISTERED BY THE LIBRARY BY ABSORBING COSTS SUCH AS PRESENTER FEES AND SUPPLIES FOR THE EVENT. THE ANNUAL BOOK SALE IS AN EVENT THAT THE LIBRARY WOULD ENGAGE IN IF IT WAS NOT FOR THE FRIENDS INVOLVEMENT.
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IRS990ScheduleA/SupportedOrgInformationGrp/SupportAmt00
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0NAME: TOWN OF STOWE ADDRESS: 96 POND STREET STOWE, VT 05672 NONCASH CONTRIBUTION: 6,393
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1EXPENSES OFFICE SUPPLIES 26 INSURANCE 850 DECORATIONS 562 DUES & SUBSCRIPTIONS 923 SUMMER READING INCENTIVES 39 SPONSORSHIP 1,000 TOTAL 3,400
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE MISSION OF THE FRIENDS OF THE STOWE FREE LIBRARY IS TO FOSTER CLOSE RELATIONS BETWEEN STOWE FREE LIBRARY AND THE STOWE COMMUNITY BY DEVELOPING HUMAN AND FINANCIAL RESOURCES, SPONSORING ACTIVITIES AND PROGRAMS, AND PROMOTING KNOWLEDGE OF LIBRARY RESOURCES.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 10
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART I, LINE 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART III
ReturnHeader/BuildTS02022-09-23 18:48:47Z
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ReturnHeader/Filer/EIN0205452898
ReturnHeader/Filer/PhoneNum08022534808
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ReturnHeader/PreparerPersonGrp/PreparationDt02022-10-27
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0CARRIE E MARTIN CPA
ReturnHeader/ReturnTs02022-10-27T12:06:18-04:00
ReturnHeader/ReturnTypeCd0990EZ
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ReturnHeader/TaxPeriodBeginDt02021-07-01
ReturnHeader/TaxPeriodEndDt02022-06-30
ReturnHeader/TaxYr02021

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