Civic Intelligence

Holly Beach Public Library Association

990 • Fiscal year 2019 • EIN 23-7291813

Jan 01, 2019 to Dec 31, 2019 • Filed on Aug 25, 2020

100 W Schellenger Ave PO Box 468Wildwood, NJ 08260

(609) 522-2496

Siviq Scores

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

Liabilities / Assets

4th percentile

0.00x

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

2019 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2019

Liabilities / Revenue

5th percentile

0.00x

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

2019 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2019

Net Margin

97th percentile

82%

Higher net margin than 97% of similar nonprofits.

2019 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2019

Top Officer Pay

13th percentile

$0

Higher top officer pay than 13% of similar nonprofits.

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

2019 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2019

Asset Growth

66th percentile

8.9%

Faster asset growth than 66% of similar nonprofits.

2019 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2018 to 2019

Revenue Growth

38th percentile

0.1%

Faster revenue growth than 38% of similar nonprofits.

2019 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2018 to 2019

Assets

Up

$18,546,365

Up $1,510,116 (+8.9%) from 2018

Net Assets

Up

$18,546,365

Up $1,510,116 (+8.9%) from 2018

Liabilities

Flat

$0

Flat from 2018

Revenue

Up

$1,871,280

Up $1,791 (+0.1%) from 2018

Expenses

Up

$331,645

Up $75,388 (+29%) from 2018

Net Income

Down

$1,539,635

Down $73,597 (-4.6%) from 2018

Historical Trend

Balance Sheet Trend

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

$20M$15M$10M$5.0M$0Assets 2015: $13,688,900Liabilities 2015: $0Net Assets 2015: $13,688,9002015Assets 2016: $14,618,998Liabilities 2016: $213,067Net Assets 2016: $14,405,9312016Assets 2017: $15,423,601Liabilities 2017: $0Net Assets 2017: $15,423,6012017Assets 2018: $17,036,249Liabilities 2018: $0Net Assets 2018: $17,036,2492018Assets 2019: $18,546,365Liabilities 2019: $0Net Assets 2019: $18,546,3652019Assets 2020: $18,562,737Liabilities 2020: $0Net Assets 2020: $18,562,7372020Assets 2022: $18,626,908Liabilities 2022: $0Net Assets 2022: $18,626,9082022Assets 2024: $19,185,877Liabilities 2024: $0Net Assets 2024: $19,185,8772024

Highlighted filing

2019

Assets$18,546,365
Liabilities$0
Net Assets$18,546,365

Operations Trend

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

$2.0M$1.5M$1.0M$500K$0-$500KRevenue 2015: $402,529Expenses 2015: $414,981Net Income 2015: -$12,4522015Revenue 2016: $1,376,906Expenses 2016: $513,028Net Income 2016: $863,8782016Revenue 2017: $1,494,640Expenses 2017: $485,846Net Income 2017: $1,008,7942017Revenue 2018: $1,869,489Expenses 2018: $256,257Net Income 2018: $1,613,2322018Revenue 2019: $1,871,280Expenses 2019: $331,645Net Income 2019: $1,539,6352019Revenue 2020: $292,150Expenses 2020: $268,767Net Income 2020: $23,3832020Revenue 2022: $220,431Expenses 2022: $225,421Net Income 2022: -$4,9902022Revenue 2024: $632,214Expenses 2024: $247,991Net Income 2024: $384,2232024

Highlighted filing

2019

Revenue$1,871,280
Expenses$331,645
Net Income$1,539,635
Jump To
Filing Snapshot
Filing Period
Jan 1, 2019 to Dec 31, 2019
Signed
Aug 25, 2020
Return Version
2019v5.0
Gross Receipts
$1,871,280
Mission and Program Overview

Mission

To promote good health & education to the american public.

To promote good health and education to the american people.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$7,898,399$10,603,479▲ $2,705,080
Investments Program Related$7,738,108$5,445,194▼ $2,292,914
Land, Buildings, and Equipment, Net$1,351,793$2,496,410▲ $1,144,617
Other Notes and Loans Receivable, Net$15,152--
Cash and Non-Interest-Bearing Accounts$31,715$466▼ $31,249
Total Assets$17,036,249$18,546,365▲ $1,510,116
Other Assets Total$1,082$816▼ $266
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$17,036,249$18,546,365▲ $1,510,116
Total Net Assets Fund Balance$17,036,249$18,546,365▲ $1,510,116
Total Liabilities and Net Assets / Fund Balance$17,036,249$18,546,365▲ $1,510,116

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$2,350,122$54,523$2,404,645
Other Land Buildings$104,736$65,388$170,124
Leasehold Improvements$41,552$3,307$44,859
Investment Program Related Org$2,113--
Compensation and Service Providers

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$1,871,280
Investment Income
$0
Other Revenue
$0
Change in Net Assets
$1,539,635
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$212,210
Other Expenses$119,435
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$212,210--$212,210
Depreciation Depletion$54,450$2,081-$56,531
Occupancy$16,171$4,041-$20,212
Insurance$6,670$1,667-$8,337
Fees for Services Accounting$4,468$1,117-$5,585
Other Expenses$1,924$481-$2,405
Total Functional Expenses$316,985$14,660$0$331,645
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Transformation ChurchBridgeton, NJ-General Support$100,000
Laurel Lake Vol FireMillville, NJGovGeneral Support$45,000
Commercial Twp SchoolsPort Norris, NJGovGeneral Support$36,910
Laurel Lake Food BankMillville, NJGovGeneral Support$15,200
Saint Simeon by the SeaNorth Wildwood, NJ-General Support$15,000
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
Business relationship with 35% controlled entity
No
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

Governance Explanations

Form 990, Page 6, Part VI, Line 2

Harry a. Peek michael s. Peek trustee trustee father harry a. Peek philip s. Peek trustee trustee father harry a. Peek susan e. Peek trustee trustee father harry a. Peek elaine bruckner peek trustee trustee husband harry a. Peek troy ferus trustee trustee step-father michael s. Peek philip s. Peek trustee trustee brother michael s. Peek susan e. Peek trustee trustee brother michael s. Peek elaine bruckner peek trustee trustee step-son philip s. Peek susan e. Peek trustee trustee brother philip s. Peek elaine bruckner peek trustee trustee step-son susan e. Peek elaine bruckner peer trustee trustee step-daughter troy ferus michael s. Peek trustee trustee step-brother troy ferus philip s. Peek trustee trustee step-brother troy ferus elaine bruckner peek trustee trustee son

Form 990, Page 6, Part VI, Line 6

Holly beach public library organized with members.

Form 990, Page 6, Part VI, Line 11B

Preparation of form 990 was reviewed by president and trustees prior to submittal.

Form 990, Page 6, Part VI, Line 19

All financial information is readily available to the public upon request.

Filing and Contact Details

Filer

Filer Name
Holly Beach Public Library Assoc
EIN
23-7291813
Phone
6095222496
Address
100 W SCHELLENGER AVE PO BOX 468, WILDWOOD, NJ 08260

Signing Officer

Name
Harry a Peek
Title
Trustee
Phone
6095222496
Signed
2020-08-25
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Harry a Peek
Formed
1974
Legal Domicile
Nj
Voting Board Members
6
Independent Board Members
6
Employees
0

Preparer

Firm
Linda M Avena CPA Pa
Address
2581 E CHESTNUT AVE SUITE B, VINELAND, NJ 08361
Preparer
Linda M Cavallo
Phone
8566968000
Supplemental Narrative

Additional Explanations

Form 990, Part XI, Line 9

Nontaxable distributions 1,624 foreign tax -15,991 prior period adjustment -15,152 total -29,519

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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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IRS990ScheduleD/BuildingsGrp/BookValueAmt02350122
IRS990ScheduleD/BuildingsGrp/DepreciationAmt054523
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt02404645
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt0678926
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt1654968
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt2631769
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt3624700
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt4465150
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt5347273
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt6276559
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt7234503
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt8206401
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt9205319
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt10187192
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt11181248
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt12162124
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt13128585
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt14106967
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt15106917
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt1697471
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt1774937
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt1847072
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt1925000
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt202113
IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc0CREDIT SUISSE GROUP
IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc1DEUTSCH BANK
IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc2SIEMENS AG
IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc3BAYER
IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc4UBS GROUP
IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc5ROCHE HOLDING LTD
IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc6ABB LTD
IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc7ALLIANCE BERNSTEIN
IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc8KELLOGG CO
IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc9PROCTOR & GAMBLE CO
IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc10ETFS GOLD
IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc11PEPSICO INC
IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc12INT'L PAPER CO
IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc13JOHNSON & JOHNSON
IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc14UGI CORP
IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc15ASA GOLD/PRECIOUS METALS
IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc16NJ RESOURCES CORP
IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc17JULIUS BAER GROUP
IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc18BARRICK GOLD
IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc19NJ HOUSING FINANCE AGENCY
IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc20SWISS HELVETIA
IRS990ScheduleD/InvstProgramRelatedOrgGrp/MethodValuationCd0C
IRS990ScheduleD/InvstProgramRelatedOrgGrp/MethodValuationCd1C
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IRS990ScheduleD/InvstProgramRelatedOrgGrp/MethodValuationCd4C
IRS990ScheduleD/InvstProgramRelatedOrgGrp/MethodValuationCd5C
IRS990ScheduleD/InvstProgramRelatedOrgGrp/MethodValuationCd6C
IRS990ScheduleD/InvstProgramRelatedOrgGrp/MethodValuationCd7C
IRS990ScheduleD/InvstProgramRelatedOrgGrp/MethodValuationCd8C
IRS990ScheduleD/InvstProgramRelatedOrgGrp/MethodValuationCd9C
IRS990ScheduleD/InvstProgramRelatedOrgGrp/MethodValuationCd10C
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IRS990ScheduleD/InvstProgramRelatedOrgGrp/MethodValuationCd12C
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IRS990ScheduleD/InvstProgramRelatedOrgGrp/MethodValuationCd16C
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IRS990ScheduleD/InvstProgramRelatedOrgGrp/MethodValuationCd19C
IRS990ScheduleD/InvstProgramRelatedOrgGrp/MethodValuationCd20C
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt041552
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt03307
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt044859
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt0104736
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt065388
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt0170124
IRS990ScheduleD/TotalBookValueLandBuildingsAmt02496410
IRS990ScheduleD/TotalBookValueProgramRltdAmt05445194
IRS990ScheduleI/GrantRecordsMaintainedInd0true
IRS990ScheduleI/RecipientTable/CashGrantAmt036910
IRS990ScheduleI/RecipientTable/CashGrantAmt115200
IRS990ScheduleI/RecipientTable/CashGrantAmt245000
IRS990ScheduleI/RecipientTable/CashGrantAmt315000
IRS990ScheduleI/RecipientTable/CashGrantAmt4100000
IRS990ScheduleI/RecipientTable/IRCSectionDesc0GOV
IRS990ScheduleI/RecipientTable/IRCSectionDesc1GOV
IRS990ScheduleI/RecipientTable/IRCSectionDesc2GOV
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0GENERAL SUPPORT
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt1GENERAL SUPPORT
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt2GENERAL SUPPORT
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt3GENERAL SUPPORT
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt4GENERAL SUPPORT
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0COMMERCIAL TWP SCHOOLS
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt1LAUREL LAKE FOOD BANK
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt2LAUREL LAKE VOL FIRE
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt3SAINT SIMEON BY THE SEA
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt4TRANSFORMATION CHURCH
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine2Txt0COMMERCIAL TWP SCHOOLS
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine2Txt1LAUREL LAKE FOOD BANK
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine2Txt2LAUREL LAKE FIRE & RESCUE
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine2Txt3SAINT SIMEON BY THE SEA
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine2Txt4TRANSFORMATION CHURCH
IRS990ScheduleI/RecipientTable/RecipientEIN0216000289
IRS990ScheduleI/RecipientTable/RecipientEIN1262539713
IRS990ScheduleI/RecipientTable/RecipientEIN2800950576
IRS990ScheduleI/RecipientTable/RecipientEIN3210721207
IRS990ScheduleI/RecipientTable/RecipientEIN4461368805
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt06812 BROWN ST
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt13860 BATTLE LANE
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt25436 BATTLE LANE
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt32502 CENTRAL AVE
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt4424 INDIAN AVE
IRS990ScheduleI/RecipientTable/USAddress/AddressLine2Txt06812 BROWN ST
IRS990ScheduleI/RecipientTable/USAddress/AddressLine2Txt13860 BATTLE LANE
IRS990ScheduleI/RecipientTable/USAddress/AddressLine2Txt25436 BATTLE LANE
IRS990ScheduleI/RecipientTable/USAddress/AddressLine2Txt32502 CENTRAL AVE
IRS990ScheduleI/RecipientTable/USAddress/AddressLine2Txt4424 INDIAN AVE
IRS990ScheduleI/RecipientTable/USAddress/CityNm0PORT NORRIS
IRS990ScheduleI/RecipientTable/USAddress/CityNm1MILLVILLE
IRS990ScheduleI/RecipientTable/USAddress/CityNm2MILLVILLE
IRS990ScheduleI/RecipientTable/USAddress/CityNm3NORTH WILDWOOD
IRS990ScheduleI/RecipientTable/USAddress/CityNm4BRIDGETON
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd0NJ
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd1NJ
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd2NJ
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd3NJ
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd4NJ
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd008349
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd108332
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd208332
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd308260
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd408302
IRS990/ScheduleJRequiredInd0false

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