Civic Intelligence

Champaign Public Library Foundation

990 • Fiscal year 2020 • EIN 37-1313456

Jul 01, 2019 to Jun 30, 2020 • Filed on Oct 23, 2020

Refreshing map…

200 W Green StreetChampaign, IL 61820

(217) 403-2050

Siviq Scores

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

Liabilities / Assets

15th percentile

0.00x

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

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Liabilities / Revenue

15th percentile

0.00x

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

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Net Margin

71st percentile

19%

Higher net margin than 71% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Top Officer Pay

37th percentile

$0

Higher top officer pay than 37% of similar nonprofits.

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

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Asset Growth

47th percentile

4.7%

Faster asset growth than 47% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2019 to 2020

Revenue Growth

10th percentile

-45%

Faster revenue growth than 10% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2019 to 2020

Assets

Up

$2,034,182

Up $92,115 (+4.7%) from 2019

Net Assets

Up

$2,034,182

Up $92,115 (+4.7%) from 2019

Liabilities

Flat

$0

Flat from 2019

Revenue

Down

$325,741

Down $263,064 (-45%) from 2019

Expenses

Down

$264,863

Down $76,475 (-22%) from 2019

Net Income

Down

$60,878

Down $186,589 (-75%) from 2019

Historical Trend

Balance Sheet Trend

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

$6.0M$4.0M$2.0M$0Assets 2011: $1,130,081Liabilities 2011: $0Net Assets 2011: $1,130,0812011Assets 2012: $881,203Liabilities 2012: $0Net Assets 2012: $881,2032012Assets 2013: $913,839Liabilities 2013: $12,338Net Assets 2013: $901,5012013Assets 2014: $1,207,873Liabilities 2014: $0Net Assets 2014: $1,207,8732014Assets 2015: $1,299,398Liabilities 2015: $0Net Assets 2015: $1,299,3982015Assets 2016: $1,330,818Liabilities 2016: $24,571Net Assets 2016: $1,306,2472016Assets 2017: $1,776,875Liabilities 2017: $0Net Assets 2017: $1,776,8752017Assets 2018: $1,649,932Liabilities 2018: $0Net Assets 2018: $1,649,9322018Assets 2019: $1,942,067Liabilities 2019: $0Net Assets 2019: $1,942,0672019Assets 2020: $2,034,182Liabilities 2020: $0Net Assets 2020: $2,034,1822020Assets 2021: $2,731,346Liabilities 2021: $0Net Assets 2021: $2,731,3462021Assets 2022: $4,092,022Liabilities 2022: $0Net Assets 2022: $4,092,0222022Assets 2023: $4,150,866Liabilities 2023: $0Net Assets 2023: $4,150,8662023

Highlighted filing

2020

Assets$2,034,182
Liabilities$0
Net Assets$2,034,182

Operations Trend

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

$3.0M$2.0M$1.0M$0-$1.0MExpenses 2011: $367,7322011Expenses 2012: $379,6112012Expenses 2013: $185,9382013Revenue 2014: $432,557Expenses 2014: $163,881Net Income 2014: $268,6762014Revenue 2015: $290,569Expenses 2015: $193,174Net Income 2015: $97,3952015Revenue 2016: $267,930Expenses 2016: $239,880Net Income 2016: $28,0502016Revenue 2017: $557,019Expenses 2017: $180,041Net Income 2017: $376,9782017Revenue 2018: $342,730Expenses 2018: $521,350Net Income 2018: -$178,6202018Revenue 2019: $588,805Expenses 2019: $341,338Net Income 2019: $247,4672019Revenue 2020: $325,741Expenses 2020: $264,863Net Income 2020: $60,8782020Revenue 2021: $428,581Expenses 2021: $218,705Net Income 2021: $209,8762021Revenue 2022: $2,012,168Expenses 2022: $368,929Net Income 2022: $1,643,2392022Revenue 2023: $378,883Expenses 2023: $459,020Net Income 2023: -$80,1372023

Highlighted filing

2020

Revenue$325,741
Expenses$264,863
Net Income$60,878
Jump To
Filing Snapshot
Filing Period
Jul 1, 2019 to Jun 30, 2020
Signed
Oct 23, 2020
Return Version
2019v5.0
Gross Receipts
$325,741
Mission and Program Overview

Mission

To promote literacy and the education of the champaign public library to the residents of champaign

To promote literacy and the eductaiton benefits of the champaign public library to the residents

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$1,785,896$1,917,381▲ $131,485
Cash and Non-Interest-Bearing Accounts$149,030$110,277▼ $38,753
Pledges and Grants Receivable$7,141$6,524▼ $617
Total Assets$1,942,067$2,034,182▲ $92,115
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$1,696,450$1,778,427▲ $81,977
Net Assets With Donor Restrictions$245,617$255,755▲ $10,138
Total Net Assets Fund Balance$1,942,067$2,034,182▲ $92,115
Total Liabilities and Net Assets / Fund Balance$1,942,067$2,034,182▲ $92,115

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2019$1,327,894$48,041▲ $51,528$32,669$1,394,794
2018$1,040,896$250,544▲ $66,426$29,972$1,327,894
2017$981,894$16,639▲ $77,475$35,112$1,040,896
2016$851,572$137,001▲ $19,545$26,224$981,894
2015$816,948$45,858▲ $7,582$18,816$851,572
Compensation and Service Providers

Board Members and Trustees

NameTitle
Thomas UlenPresident
Alan NudoBoard Member
Ann WamplerBoard Member
Craig RostBoard Member
Jewell WhiteBoard Member
Lynnette DoddsBoard Member
Molly NeiswenderBoard Member
Judy ArgentieriSecretary
Charles B HolderTreasurer
David T WhitfordVice Preside
Revenue and Support

Revenue Composition

Contributions and Grants
$280,934
Program Service Revenue
$0
Investment Income
$44,801
Other Revenue
$6
All Other Contributions
$280,934
Change in Net Assets
$60,878

Audited Revenue Reconciliation

Revenue per Audited Statements
$325,741
Revenue Not Reported on Form 990
$68,257
Total Revenue per Audited Statements
$393,998
Total Revenue per Form 990
$325,741
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$245,222
Other Expenses$19,641
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$245,222--$245,222
Fees for Service Investment Mgmnt Fees$2,231$6,721-$8,952
Fees for Services Other-$3,227-$3,227
Office Expenses-$3,078-$3,078
Advertising-$1,680-$1,680
Other Expenses-$25-$25
Total Functional Expenses$247,453$17,410$0$264,863

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$301,883
Expenses per Audited Statements$264,863
Total Expenses per Form 990$264,863
Expenses Not Reported on Form 990$37,020
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Champaign Public LibraryChampaign, IL-Support the Mission$245,222
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
No
Audit committee
Yes
Backup withholding compliance
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
Yes
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 draft copy of the form 990 is reviewed and discussed in a meeting with the board for any changes and questions prior to the final copy being filed.

Form 990, Page 6, Part VI, Line 12C

In connection with any actual or possible conflict of interest, a director must disclose the existence of the financial interest and be given the opportunity to disclose all material facts to the directors and members of committees with governing board delegated powers considering the proposed transaction or arrangement.

Form 990, Page 6, Part VI, Line 18

The organization makes its forms 1023 and 990 available for public inspection upon request.

Form 990, Page 6, Part VI, Line 19

The organization makes its governing documents, conflict of interest policy, and financial statements available to the public upon request.

Filing and Contact Details

Filer

Filer Name
Champaign Public Library Foundation
EIN
37-1313456
Phone
2174032050
Address
200 W GREEN STREET, CHAMPAIGN, IL 61820

Signing Officer

Name
Charles B Holder
Title
Treasurer
Phone
2174032050
Signed
2020-10-23

Organization Details

Principal Officer
Thomas Ulen
Formed
1993
Legal Domicile
Il
Voting Board Members
11
Independent Board Members
11
Employees
0
Volunteers
1

Preparer

Firm
Lauterbach & Amen Llp
Address
668 N RIVER RD, NAPERVILLE, IL 60563
Preparer
Ronald J Amen CPA
Phone
6303931483
Supplemental Narrative

Financial Statement Notes

Schedule D, Page 2, Part V, Line 4

The intended use of the organization's endowment funds is to fund the acquisition of library materials and to support library programs.

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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0A DRAFT COPY OF THE FORM 990 IS REVIEWED AND DISCUSSED IN A MEETING WITH THE BOARD FOR ANY CHANGES AND QUESTIONS PRIOR TO THE FINAL COPY BEING FILED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1IN CONNECTION WITH ANY ACTUAL OR POSSIBLE CONFLICT OF INTEREST, A DIRECTOR MUST DISCLOSE THE EXISTENCE OF THE FINANCIAL INTEREST AND BE GIVEN THE OPPORTUNITY TO DISCLOSE ALL MATERIAL FACTS TO THE DIRECTORS AND MEMBERS OF COMMITTEES WITH GOVERNING BOARD DELEGATED POWERS CONSIDERING THE PROPOSED TRANSACTION OR ARRANGEMENT.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE ORGANIZATION MAKES ITS FORMS 1023 AND 990 AVAILABLE FOR PUBLIC INSPECTION UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST.
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ReturnHeader/BuildTS02021-01-29 14:40:06Z
ReturnHeader/BusinessOfficerGrp/PersonNm0CHARLES B HOLDER
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ReturnHeader/BusinessOfficerGrp/PhoneNum02174032050
ReturnHeader/BusinessOfficerGrp/SignatureDt02020-10-23
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ReturnHeader/FilingSecurityInformation/IPTm016:48:36

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.15$0.00$4.15$0.38$0.46$0.08
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.09$0.00$4.09$2.01$0.37$1.64
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.73$0.00$2.73$0.43$0.22$0.21
2020Detailed filing. Detailed filing data is available for this year.$2.03$0.00$2.03$0.33$0.26$0.06
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.94$0.00$1.94$0.59$0.34$0.25
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.65$0.00$1.65$0.34$0.52$0.18
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.78$0.00$1.78$0.56$0.18$0.38
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.33$0.02$1.31$0.27$0.24$0.03
2015Detailed filing. Detailed filing data is available for this year.$1.30$0.00$1.30$0.29$0.19$0.10
2014Detailed filing. Detailed filing data is available for this year.$1.21$0.00$1.21$0.43$0.16$0.27
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.91$0.01$0.90$0.19
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.88$0.00$0.88$0.38
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.13$0.00$1.13$0.37