Liabilities / Assets
82nd percentile
Higher debt load relative to assets than 82% of similar nonprofits.
Prairielands Library Exchange
990EZ • Fiscal year 2020 • EIN 41-1387155
Siviq Scores
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
0.23x
Liabilities / Revenue
90th percentile
Higher debt load relative to revenue than 90% of similar nonprofits.
Net Margin
45th percentile
Higher net margin than 45% of similar nonprofits.
Top Officer Pay
76th percentile
Higher top officer pay than 76% of similar nonprofits.
Top officer pay equals 0.0% of source-year revenue.
Asset Growth
44th percentile
Faster asset growth than 44% of similar nonprofits.
Revenue Growth
60th percentile
Faster revenue growth than 60% of similar nonprofits.
Balance Sheet
Assets
Up$337,410
Up $215 (+0.1%) from 2019
Net Assets
Up$258,712
Up $3,675 (+1.4%) from 2019
Liabilities
Down$78,698
Down $3,460 (-4.2%) from 2019
Revenue And Expenses
Revenue
Down$166,608
Down $6,688 (-3.9%) from 2019
Expenses
Up$162,933
Up $23,668 (+17%) from 2019
Net Income
Down$3,675
Down $30,356 (-89%) from 2019
Historical Trend
Jump To
Filing Snapshot
- Filing Period
- Jul 1, 2019 to Jun 30, 2020
- Signed
- Jul 27, 2021
- Return Version
- 2019v5.0
- Gross Receipts
- $166,608
Mission and Program Overview
Mission
To promote cooperation between regional libraries. 18 counties in sw minnesota make up the region. All types of libraries are eligible.
Program Services
| Description | Grants | Expenses |
|---|---|---|
| THE EXEMPT PURPOSE IS TO PROVIDE LIBRARY SERVICES TO LIBRARIES AND ORGANIZATIONS IN SW MINNESOTA. THE ORGANIZATION DOES THIS THROUGH ITS NETWORK OF MEMBER LIBRARIES. | $19,423 | $162,933 |
Compensation and Service Providers
Employees
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| THERESA NYSETVOLD | President | - | $0 | - | - |
| KATE BOROWSKE | Director | - | $0 | - | - |
| CLARA FRIESE | Director | - | $0 | - | - |
| ABIGAIL DULY | Vice Preside | - | $0 | - | - |
| GWEN STURROCK | Director | - | $0 | - | - |
| JAN LOUWAGIE | Director | - | $0 | - | - |
| DEB LANIER | Director | - | $0 | - | - |
Filing and Contact Details
Filer
- Filer Name
- Prairielands Library Exchange
- EIN
- 41-1387155
- Phone
- 5075329013
- Address
- 109 S 5TH STREET, MARSHALL, MN 56258
Signing Officer
- Name
- Theresa Nysetvold
- Title
- President
- Phone
- 5075329013
- Signed
- 2021-07-27
- Discuss with paid preparer
- Yes
Preparer
- Firm
- Meulebroeck Taubert & Co Pllp
- Address
- 216 EAST MAIN ST, PIPESTONE, MN 56164
- Preparer
- Matt Taubert
- Phone
- 5078254288
Supplemental Narrative
Additional Explanations
Form 990-ez, Part I, Line 10
“Class of activity: cont ed cash contribution: 11,872 relationship: none cash contribution: 5,969”
Form 990-ez, Part I, Line 16
“Expenses travel&meetings-board/committ 917 travel&meetings-staff 2,264 office supplies 827 telephone 1,047 staff training 285 insurance 1,029 contingency & miscellaneo 665 advisory groups 106 online services 108 software 44 academic library 292 professional membership 734 internet/web 2,616 multi-type partnerships 3,247 workshops 3,236 school library committee 39 strategic planning 2,200 special projects 7,431 office equipment 2,929 gasb 68 pera 4,426 total 34,442”
Form 990-ez, Part II, Line 24
“Grants receivable 16,323 16,309 prepaid expenses and deferred charges 1,142 1,633 equipment 16,102 15,737 less accumulated depreciation 15,858 13,419 deferred outflows pensions 18,631 7,221 total 36,340 27,481”
Form 990-ez, Part II, Line 26
“Accounts payable and accrued expenses 5,170 6,620 pension benefits payable 61,023 55,288 deferred outflows pensions 15,965 16,790”
Form 990-ez, Part III
“To promote cooperation between regional libraries. 18 counties in sw minnesota make up the region. All types of libraries are eligible.”
Form 990-ez, Part III, Line 28
“The exempt purpose is to provide library services to libraries and organizations in sw minnesota. The organization does this through its network of member libraries.”
Raw XML Appendix143 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.
| Path | # | Value |
|---|---|---|
| IRS990EZ/ActivitiesNotPreviouslyRptInd | 0 | false |
| IRS990EZ/AddressChangeInd | 0 | X |
| IRS990EZ/BooksInCareOfDetail/PersonNm | 0 | SHELLY GRACE |
| IRS990EZ/BooksInCareOfDetail/PhoneNum | 0 | 5075329013 |
| IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | 109 S 5TH STREET |
| IRS990EZ/BooksInCareOfDetail/USAddress/CityNm | 0 | MARSHALL |
| IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | MN |
| IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 56258 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt | 0 | 300855 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt | 0 | 309929 |
| IRS990EZ/ChgMadeToOrgnzngDocNotRptInd | 0 | false |
| IRS990EZ/ContributionsGiftsGrantsEtcAmt | 0 | 163411 |
| IRS990EZ/DonorAdvisedFndsInd | 0 | false |
| IRS990EZ/EngagedInExcessBenefitTransInd | 0 | false |
| IRS990EZ/ExcessOrDeficitForYearAmt | 0 | 3675 |
| IRS990EZ/FeesAndOtherPymtToIndCntrctAmt | 0 | 7528 |
| IRS990EZ/FiledScheduleAInd | 0 | true |
| IRS990EZ/ForeignFinancialAccountInd | 0 | false |
| IRS990EZ/ForeignOfficeInd | 0 | false |
| IRS990EZ/Form1120PolFiledInd | 0 | false |
| IRS990EZ/Form990TotalAssetsGrp/BOYAmt | 0 | 337195 |
| IRS990EZ/Form990TotalAssetsGrp/EOYAmt | 0 | 337410 |
| IRS990EZ/GrantsAndSimilarAmountsPaidAmt | 0 | 19423 |
| IRS990EZ/GrossReceiptsAmt | 0 | 166608 |
| IRS990EZ/InfoInScheduleOPartIIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIInd | 0 | X |
| IRS990EZ/InvestmentIncomeAmt | 0 | 3197 |
| IRS990EZ/LobbyingActivitiesInd | 0 | false |
| IRS990EZ/MadeLoansToFromOfficersInd | 0 | false |
| IRS990EZ/MethodOfAccountingAccrualInd | 0 | X |
| IRS990EZ/NetAssetsOrFundBalancesBOYAmt | 0 | 255037 |
| IRS990EZ/NetAssetsOrFundBalancesEOYAmt | 0 | 258712 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt | 0 | 255037 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt | 0 | 258712 |
| IRS990EZ/OccupancyRentUtltsAndMaintAmt | 0 | 6527 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 0 | 1.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 1 | 1.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 2 | 1.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 3 | 1.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 4 | 1.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 5 | 1.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 6 | 1.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 3 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 4 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 5 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 6 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 0 | THERESA NYSETVOLD |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 1 | KATE BOROWSKE |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 2 | CLARA FRIESE |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 3 | ABIGAIL DULY |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 4 | GWEN STURROCK |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 5 | JAN LOUWAGIE |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 6 | DEB LANIER |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 0 | PRESIDENT |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 1 | DIRECTOR |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 2 | DIRECTOR |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 3 | VICE PRESIDE |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 4 | DIRECTOR |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 5 | DIRECTOR |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 6 | DIRECTOR |
| IRS990EZ/OperateHospitalInd | 0 | false |
| IRS990EZ/Organization501c3Ind | 0 | X |
| IRS990EZ/OrganizationDissolvedEtcInd | 0 | false |
| IRS990EZ/OrganizationHadUBIInd | 0 | false |
| IRS990EZ/OtherAssetsTotalDetail/BOYAmt | 0 | 36340 |
| IRS990EZ/OtherAssetsTotalDetail/EOYAmt | 0 | 27481 |
| IRS990EZ/OtherExpensesTotalAmt | 0 | 34442 |
| IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt | 0 | NONE |
| IRS990EZ/PartVIOfCompOfHghstPdEmplTxt | 0 | NONE |
| IRS990EZ/PoliticalCampaignActyInd | 0 | false |
| IRS990EZ/PrimaryExemptPurposeTxt | 0 | TO PROMOTE COOPERATION BETWEEN REGIONAL LIBRARIES. 18 COUNTIES IN SW MINNESOTA MAKE UP THE REGION. ALL TYPES OF LIBRARIES ARE ELIGIBLE. |
| IRS990EZ/PrintingPublicationsPostageAmt | 0 | 217 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 0 | THE EXEMPT PURPOSE IS TO PROVIDE LIBRARY SERVICES TO LIBRARIES AND ORGANIZATIONS IN SW MINNESOTA. THE ORGANIZATION DOES THIS THROUGH ITS NETWORK OF MEMBER LIBRARIES. |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt | 0 | 19423 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt | 0 | 162933 |
| IRS990EZ/ProhibitedTaxShelterTransInd | 0 | false |
| IRS990EZ/RelatedOrganizationCtrlEntInd | 0 | false |
| IRS990EZ/SalariesOtherCompEmplBnftAmt | 0 | 94796 |
| IRS990EZ/SchoolOperatingInd | 0 | false |
| IRS990EZ/SubjectToProxyTaxInd | 0 | false |
| IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt | 0 | 82158 |
| IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt | 0 | 78698 |
| IRS990EZ/TanningServicesProvidedInd | 0 | false |
| IRS990EZ/TotalExpensesAmt | 0 | 162933 |
| IRS990EZ/TotalProgramServiceExpensesAmt | 0 | 162933 |
| IRS990EZ/TotalRevenueAmt | 0 | 166608 |
| IRS990EZ/TransactionWithControlEntInd | 0 | false |
| IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd | 0 | false |
| IRS990EZ/TypeOfOrganizationCorpInd | 0 | X |
| IRS990EZ/WebsiteAddressTxt | 0 | SAMMIE.ORG |
| IRS990ScheduleA/GovernmentalUnitInd | 0 | X |
| IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine1 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorNum | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine1 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine2 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt | 0 | RESTRICTED |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | CLASS OF ACTIVITY: CONT ED CASH CONTRIBUTION: 11,872 RELATIONSHIP: NONE CASH CONTRIBUTION: 5,969 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | EXPENSES TRAVEL&MEETINGS-BOARD/COMMITT 917 TRAVEL&MEETINGS-STAFF 2,264 OFFICE SUPPLIES 827 TELEPHONE 1,047 STAFF TRAINING 285 INSURANCE 1,029 CONTINGENCY & MISCELLANEO 665 ADVISORY GROUPS 106 ONLINE SERVICES 108 SOFTWARE 44 ACADEMIC LIBRARY 292 PROFESSIONAL MEMBERSHIP 734 INTERNET/WEB 2,616 MULTI-TYPE PARTNERSHIPS 3,247 WORKSHOPS 3,236 SCHOOL LIBRARY COMMITTEE 39 STRATEGIC PLANNING 2,200 SPECIAL PROJECTS 7,431 OFFICE EQUIPMENT 2,929 GASB 68 PERA 4,426 TOTAL 34,442 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | GRANTS RECEIVABLE 16,323 16,309 PREPAID EXPENSES AND DEFERRED CHARGES 1,142 1,633 EQUIPMENT 16,102 15,737 LESS ACCUMULATED DEPRECIATION 15,858 13,419 DEFERRED OUTFLOWS PENSIONS 18,631 7,221 TOTAL 36,340 27,481 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | ACCOUNTS PAYABLE AND ACCRUED EXPENSES 5,170 6,620 PENSION BENEFITS PAYABLE 61,023 55,288 DEFERRED OUTFLOWS PENSIONS 15,965 16,790 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 4 | TO PROMOTE COOPERATION BETWEEN REGIONAL LIBRARIES. 18 COUNTIES IN SW MINNESOTA MAKE UP THE REGION. ALL TYPES OF LIBRARIES ARE ELIGIBLE. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 5 | THE EXEMPT PURPOSE IS TO PROVIDE LIBRARY SERVICES TO LIBRARIES AND ORGANIZATIONS IN SW MINNESOTA. THE ORGANIZATION DOES THIS THROUGH ITS NETWORK OF MEMBER LIBRARIES. |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | FORM 990-EZ, PART I, LINE 10 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | FORM 990-EZ, PART I, LINE 16 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | FORM 990-EZ, PART II, LINE 24 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | FORM 990-EZ, PART II, LINE 26 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 4 | FORM 990-EZ, PART III |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 5 | FORM 990-EZ, PART III, LINE 28 |
| ReturnHeader/BuildTS | 0 | 2022-09-23 18:48:47Z |
| ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd | 0 | true |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | THERESA NYSETVOLD |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | PRESIDENT |
| ReturnHeader/BusinessOfficerGrp/PhoneNum | 0 | 5075329013 |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2021-07-27 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt | 0 | PRAIRIELANDS LIBRARY EXCHANGE |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | PRAI |
| ReturnHeader/Filer/EIN | 0 | 411387155 |
| ReturnHeader/Filer/PhoneNum | 0 | 5075329013 |
| ReturnHeader/Filer/USAddress/AddressLine1Txt | 0 | 109 S 5TH STREET |
| ReturnHeader/Filer/USAddress/CityNm | 0 | MARSHALL |
| ReturnHeader/Filer/USAddress/StateAbbreviationCd | 0 | MN |
| ReturnHeader/Filer/USAddress/ZIPCd | 0 | 56258 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmEIN | 0 | 411987097 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt | 0 | MEULEBROECK TAUBERT & CO PLLP |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt | 0 | 216 EAST MAIN ST |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm | 0 | PIPESTONE |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd | 0 | MN |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd | 0 | 56164 |
| ReturnHeader/PreparerPersonGrp/PhoneNum | 0 | 5078254288 |
| ReturnHeader/PreparerPersonGrp/PreparationDt | 0 | 2021-07-27 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | MATT TAUBERT |
| ReturnHeader/ReturnTs | 0 | 2021-08-03T15:37:57-05:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990EZ |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2019-07-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2020-06-30 |
| ReturnHeader/TaxYr | 0 | 2019 |
Document Assets
No mirrored PDF or thumbnail assets are attached yet.
Filings
Displayed year
2020 • Form 990EZDetailed filing. Detailed filing data is available for this year.
- Assets
- $337,410
- Liabilities
- $78,698
- Net assets
- $258,712
- Revenue
- $166,608
- Expenses
- $162,933
- Net income
- $3,675