Civic Intelligence

The Gail Borden Public Library District Foundation

990 • Fiscal year 2018 • EIN 36-4205216

Jan 01, 2018 to Dec 31, 2018 • Filed on Feb 19, 2019

270 North Grove AvenueElgin, IL 60120

(847) 429-5980

Siviq Scores

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

Liabilities / Assets

57th percentile

0.00x

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

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Liabilities / Revenue

56th percentile

0.00x

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

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Net Margin

90th percentile

45%

Higher net margin than 90% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Top Officer Pay

76th percentile

$0

Higher top officer pay than 76% of similar nonprofits.

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

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Asset Growth

83rd percentile

46%

Faster asset growth than 83% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Annualized from 2017 to 2018

Revenue Growth

15th percentile

-34%

Faster revenue growth than 15% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Annualized from 2017 to 2018

Assets

Up

$165,408

Up $51,775 (+46%) from 2017

Net Assets

Up

$165,408

Up $51,775 (+46%) from 2017

Liabilities

Flat

$0

Flat from 2017

Revenue

Down

$115,416

Down $58,145 (-34%) from 2017

Expenses

Down

$63,641

Down $95,966 (-60%) from 2017

Net Income

Up

$51,775

Up $37,821 (+271%) from 2017

Historical Trend

Balance Sheet Trend

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

$600K$400K$200K$0Assets 2014: $90,463Liabilities 2014: $0Net Assets 2014: $90,4632014Assets 2015: $127,872Liabilities 2015: $0Net Assets 2015: $127,8722015Assets 2016: $99,679Liabilities 2016: $0Net Assets 2016: $99,6792016Assets 2017: $113,633Liabilities 2017: $0Net Assets 2017: $113,6332017Assets 2018: $165,408Liabilities 2018: $0Net Assets 2018: $165,4082018Assets 2019: $147,937Liabilities 2019: $0Net Assets 2019: $147,9372019Assets 2020: $347,106Liabilities 2020: $0Net Assets 2020: $347,1062020Assets 2021: $352,695Liabilities 2021: $0Net Assets 2021: $352,6952021Assets 2022: $475,887Liabilities 2022: $0Net Assets 2022: $475,8872022Assets 2023: $472,571Liabilities 2023: $0Net Assets 2023: $472,5712023Assets 2024: $530,404Liabilities 2024: $0Net Assets 2024: $530,4042024

Highlighted filing

2018

Assets$165,408
Liabilities$0
Net Assets$165,408

Operations Trend

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

$600K$400K$200K$0-$200KRevenue 2014: $128,199Expenses 2014: $258,675Net Income 2014: -$130,4762014Revenue 2015: $247,181Expenses 2015: $209,772Net Income 2015: $37,4092015Revenue 2016: $305,855Expenses 2016: $334,048Net Income 2016: -$28,1932016Revenue 2017: $173,561Expenses 2017: $159,607Net Income 2017: $13,9542017Revenue 2018: $115,416Expenses 2018: $63,641Net Income 2018: $51,7752018Revenue 2019: $181,848Expenses 2019: $199,319Net Income 2019: -$17,4712019Revenue 2020: $366,425Expenses 2020: $167,256Net Income 2020: $199,1692020Revenue 2021: $297,907Expenses 2021: $292,318Net Income 2021: $5,5892021Revenue 2022: $448,379Expenses 2022: $325,187Net Income 2022: $123,1922022Revenue 2023: $260,263Expenses 2023: $263,579Net Income 2023: -$3,3162023Revenue 2024: $225,473Expenses 2024: $177,651Net Income 2024: $47,8222024

Highlighted filing

2018

Revenue$115,416
Expenses$63,641
Net Income$51,775
Jump To
Filing Snapshot
Filing Period
Jan 1, 2018 to Dec 31, 2018
Signed
Feb 19, 2019
Return Version
2018v3.1
Gross Receipts
$115,416
Mission and Program Overview

Mission

To attract funds for the gail borden public library district

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$113,633$165,408▲ $51,775
Total Assets$113,633$165,408▲ $51,775
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Unrestricted Net Assets$79,389$97,406▲ $18,017
Temporarily Rstr Net Assets$34,244$68,002▲ $33,758
Total Net Assets Fund Balance$113,633$165,408▲ $51,775
Total Liabilities and Net Assets / Fund Balance$113,633$165,408▲ $51,775
Compensation and Service Providers

Board Members and Trustees

NameTitle
Elizabeth HoeftPresident
Amanda GarciaDirector
Harry BlizzardDirector
Jo Ann ArmentaDirector
Karen FoxDirector
Karen SchockDirector
Larry JonesDirector
Leo NelsonDirector
Maria Iride Cordoba EddDirector
Mike LeeDirector
Susan MoylanDirector
Jerry TurnquistSecretary
Paul LarsonTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$108,964
Program Service Revenue
$4,086
Investment Income
$197
Other Revenue
$2,169
All Other Contributions
$108,964
Change in Net Assets
$51,775
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$63,191
Grants and Similar Amounts Paid$450
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Expenses$15,665$2,989-$2,989
Fees for Services Accounting-$625-$625
Grants to Domestic Orgs$450--$450
Insurance-$450-$450
All Other Expenses-$300-$300
Total Functional Expenses$55,475$8,166$0$63,641
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
Annual disclosure for covered persons
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
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 11B

STAFF REVIEWS.

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

Board of directors signed a conflict of interest document annually.

Form 990, Part VI, Section C, Line 19

UPON REQUEST

Filing and Contact Details

Filer

Filer Name
Gail Borden Public Library
EIN
36-4205216
Phone
8474295980
Address
270 NORTH GROVE AVENUE, ELGIN, IL 60120

Signing Officer

Name
Elizabeth Hoeft
Title
President
Phone
8474295980
Signed
2019-02-19
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Elizabeth Hoeft
Formed
1994
Legal Domicile
Il
Voting Board Members
13
Independent Board Members
13
Employees
0
Volunteers
50

Preparer

Firm
Tighe Kress & Orr Pc
Address
2001 LARKIN AVENUE SUITE 202, ELGIN, IL 60123
Preparer
Cynthia M Petschke CPA Cva
Phone
8476952700
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IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0113050
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0196800
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0305691
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0247118
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0129979
IRS990ScheduleA/Total509Grp/TotalAmt0992638
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0115416
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0196800
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0305757
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0247181
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0130040
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IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0STAFF REVIEWS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1BOARD OF DIRECTORS SIGNED A CONFLICT OF INTEREST DOCUMENT ANNUALLY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2UPON REQUEST
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION C, LINE 19
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IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
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IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
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IRS990/TerminateOperationsInd00
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IRS990/TotalAssetsEOYAmt0165408
IRS990/TotalAssetsGrp/BOYAmt0113633
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IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt0108964
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt08166
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt055475
IRS990/TotalFunctionalExpensesGrp/TotalAmt063641
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt00
IRS990/TotalLiabilitiesEOYAmt00
IRS990/TotalLiabilitiesGrp/BOYAmt00
IRS990/TotalLiabilitiesGrp/EOYAmt00
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0113633
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0165408
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt055475
IRS990/TotalProgramServiceRevenueAmt04086
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt0197
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt06255
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0115416
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt050
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0113633
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0165408
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UnrestrictedNetAssetsGrp/BOYAmt079389
IRS990/UnrestrictedNetAssetsGrp/EOYAmt097406
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0270 N GROVE AVE
IRS990/USAddress/CityNm0ELGIN
IRS990/USAddress/StateAbbreviationCd0IL
IRS990/USAddress/ZIPCd060120
IRS990/VotingMembersGoverningBodyCnt013
IRS990/VotingMembersIndependentCnt013
IRS990/WebsiteAddressTxt0WWW.GAILBORDEN.INFO
IRS990/WhistleblowerPolicyInd01
ReturnHeader/BuildTS02019-02-21 02:37:17Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0ELIZABETH HOEFT
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum08474295980
ReturnHeader/BusinessOfficerGrp/SignatureDt02019-02-19
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0GAIL BORDEN PUBLIC LIBRARY
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0DISTRICT FOUNDATION
ReturnHeader/Filer/BusinessNameControlTxt0GAIL
ReturnHeader/Filer/EIN0364205216
ReturnHeader/Filer/PhoneNum08474295980
ReturnHeader/Filer/USAddress/AddressLine1Txt0270 NORTH GROVE AVENUE
ReturnHeader/Filer/USAddress/CityNm0ELGIN
ReturnHeader/Filer/USAddress/StateAbbreviationCd0IL
ReturnHeader/Filer/USAddress/ZIPCd060120
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId0DA39A3EE5E6B4B0D3255BFEF95601890AFD80709
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId0827AB0334BCE8C0200C494D128CDA2C1B459545E
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt050.198.1.97
ReturnHeader/FilingSecurityInformation/IPDt02019-02-19
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0CS
ReturnHeader/FilingSecurityInformation/IPTm015:44:00
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0260476995
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0TIGHE KRESS & ORR PC

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