Civic Intelligence

Monroe County Public Library Foundation Inc.

990 • Fiscal year 2019 • EIN 35-1892355

Jan 01, 2019 to Dec 31, 2019 • Filed on Nov 05, 2020

303 E Kirkwood AveBloomington, IN 47408

(812) 349-3050

Siviq Scores

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

Liabilities / Assets

16th percentile

0.00x

Higher debt load relative to assets than 16% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2019

Liabilities / Revenue

16th percentile

0.00x

Higher debt load relative to revenue than 16% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2019

Net Margin

62nd percentile

8.4%

Higher net margin than 62% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2019

Top Officer Pay

36th percentile

$0

Higher top officer pay than 36% of similar nonprofits.

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

2019 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2019

Asset Growth

72nd percentile

13%

Faster asset growth than 72% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2018 to 2019

Revenue Growth

35th percentile

-1.6%

Faster revenue growth than 35% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2018 to 2019

Assets

Up

$1,375,617

Up $158,184 (+13%) from 2018

Net Assets

Up

$1,375,487

Up $158,184 (+13%) from 2018

Liabilities

Flat

$130

Flat from 2018

Revenue

Down

$281,263

Down $4,622 (-1.6%) from 2018

Expenses

Up

$257,630

Up $27,130 (+12%) from 2018

Net Income

Down

$23,633

Down $31,752 (-57%) from 2018

Historical Trend

Balance Sheet Trend

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

$2.0M$1.5M$1.0M$500K$0Assets 2017: $1,262,841Liabilities 2017: $400Net Assets 2017: $1,262,4412017Assets 2018: $1,217,433Liabilities 2018: $130Net Assets 2018: $1,217,3032018Assets 2019: $1,375,617Liabilities 2019: $130Net Assets 2019: $1,375,4872019Assets 2020: $1,502,467Liabilities 2020: $1,462Net Assets 2020: $1,501,0052020Assets 2021: $1,809,481Liabilities 2021: $3,189Net Assets 2021: $1,806,2922021Assets 2022: $1,485,748Liabilities 2022: $50Net Assets 2022: $1,485,6982022Assets 2023: $1,699,355Liabilities 2023: $1,846Net Assets 2023: $1,697,5092023Assets 2024: $1,772,697Liabilities 2024: $344Net Assets 2024: $1,772,3532024

Highlighted filing

2019

Assets$1,375,617
Liabilities$130
Net Assets$1,375,487

Operations Trend

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

$600K$400K$200K$0-$200KRevenue 2017: $515,640Expenses 2017: $274,758Net Income 2017: $240,8822017Revenue 2018: $285,885Expenses 2018: $230,500Net Income 2018: $55,3852018Revenue 2019: $281,263Expenses 2019: $257,630Net Income 2019: $23,6332019Revenue 2020: $213,231Expenses 2020: $252,895Net Income 2020: -$39,6642020Revenue 2021: $470,388Expenses 2021: $245,059Net Income 2021: $225,3292021Revenue 2022: $318,743Expenses 2022: $286,527Net Income 2022: $32,2162022Revenue 2023: $359,114Expenses 2023: $266,279Net Income 2023: $92,8352023Revenue 2024: $349,532Expenses 2024: $343,352Net Income 2024: $6,1802024

Highlighted filing

2019

Revenue$281,263
Expenses$257,630
Net Income$23,633
Jump To
Filing Snapshot
Filing Period
Jan 1, 2019 to Dec 31, 2019
Signed
Nov 5, 2020
Return Version
2019v5.0
Gross Receipts
$295,662
Mission and Program Overview

Mission

Raise funds to support the monroe county public library and its programs

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$1,080,213$1,233,691▲ $153,478
Savings and Temporary Cash Investments$52,982$57,051▲ $4,069
Cash and Non-Interest-Bearing Accounts$56,907$54,666▼ $2,241
Inventories for Sale or Use$3,828$3,424▼ $404
Total Assets$1,217,433$1,375,617▲ $158,184
Other Assets Total$23,503$26,785▲ $3,282
Liabilities
Other Liabilities$130$130→ $0
Total Liabilities$130$130→ $0
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$826,330$878,869▲ $52,539
Net Assets With Donor Restrictions$390,973$496,618▲ $105,645
Total Net Assets Fund Balance$1,217,303$1,375,487▲ $158,184
Total Liabilities and Net Assets / Fund Balance$1,217,433$1,375,617▲ $158,184

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2019$1,103,717-▲ $183,433$26,676$1,260,476
2018$1,059,169$110,255▼ $36,707$29,000$1,103,717
2017$732,465$302,045▲ $90,222$65,563$1,059,169
2016$389,397$333,784▲ $25,867$16,583$732,465
2015$374,960$25,734▼ $11,297-$389,397
Compensation and Service Providers

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$113,738
Program Service Revenue
$114,533
Investment Income
$60,107
Other Revenue
$-7,115
All Other Contributions
$90,928
Change in Net Assets
$23,633
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$130,140
Grants and Similar Amounts Paid$117,229
Other Expenses$10,261
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$117,229--$117,229
Other Salaries and Wages$38,058$51,241-$89,299
Other Employee Benefits$10,620$10,731-$21,351
Pension Plan Contributions$5,404$7,276-$12,680
Payroll Taxes$2,893$3,917-$6,810
Office Expenses$4,076--$4,076
Fees for Services Accounting$1,095$775-$1,870
Other Expenses$80--$80
Total Functional Expenses$183,690$73,940$0$257,630
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Monroe Co Public LibraryBloomington, IN3Childrens Svc & Prgm$33,950
Monore Co Pubilc LibraryBloomington, IN3Staff Development$20,500
Monroe Co Public LibraryBloomington, IN3Miscellaneous$20,329
Monroe Co Public LibraryBloomington, IN3Adult Svc & Programs$19,560
Monroe Co Public LibraryBloomington, IN3Teen & Dcc$13,800
Monroe Co Public LibraryBloomington, IN3Library Wide Intvs$5,140
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$7,284
Fundraising Direct Expenses$4,747
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
Sales Tax Payable$94
Credit Card Payable$36
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 11B

A copy of the return will be mailed to each officer. Return will then be discussed at the following meeting.

Form 990, Page 6, Part VI, Line 19

Copies are available at the foundations office for review upon request

Filing and Contact Details

Filer

Filer Name
Monroe County Public Library
EIN
35-1892355
Phone
8123493050
Address
303 E KIRKWOOD AVE, BLOOMINGTON, IN 47408

Signing Officer

Name
Diane Gregory
Title
President
Phone
8123493061
Signed
2020-11-05
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Diane Gregory
Formed
1993
Legal Domicile
In
Voting Board Members
20
Independent Board Members
20
Employees
0
Volunteers
144

Preparer

Firm
Rootadvisors LLC
Address
1516 S WALNUT STREET, BLOOMINGTON, IN 47401
Preparer
Ryan M Deckard
Phone
8123327200
Supplemental Narrative

Additional Explanations

Form 990, Part XI, Line 9

Unrealized gain on investments 134,551

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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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