Liabilities / Assets
84th percentile
Higher debt load relative to assets than 84% of similar nonprofits.
Prairielands Library Exchange
990EZ • Fiscal year 2022 • EIN 41-1387155
Siviq Scores
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
0.20x
Liabilities / Revenue
92nd percentile
Higher debt load relative to revenue than 92% of similar nonprofits.
Net Margin
68th percentile
Higher net margin than 68% of similar nonprofits.
Top Officer Pay
78th percentile
Higher top officer pay than 78% of similar nonprofits.
Top officer pay equals 0.0% of source-year revenue.
Asset Growth
64th percentile
Faster asset growth than 64% of similar nonprofits.
Revenue Growth
41st percentile
Faster revenue growth than 41% of similar nonprofits.
Balance Sheet
Assets
Up$429,941
Up $45,783 (+12%) from 2021
Net Assets
Up$342,722
Up $30,642 (+9.8%) from 2021
Liabilities
Up$87,219
Up $15,141 (+21%) from 2021
Revenue And Expenses
Revenue
Up$172,841
Up $441 (+0.3%) from 2021
Expenses
Up$142,199
Up $23,167 (+19%) from 2021
Net Income
Down$30,642
Down $22,726 (-43%) from 2021
Historical Trend
Jump To
Filing Snapshot
- Filing Period
- Jul 1, 2021 to Jun 30, 2022
- Signed
- Sep 6, 2022
- Return Version
- 2021v4.0
- Gross Receipts
- $172,841
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. | $8,279 | $142,199 |
Compensation and Service Providers
Employees
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| JAN LOUWAGIE | President | - | $0 | - | - |
| KATE BOROWSKE | Director | - | $0 | - | - |
| DENNIS ULRICH | Director | - | $0 | - | - |
| DEB LANIER | Vice Preside | - | $0 | - | - |
| DEB FORBROOK | 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
- Jan Louwagie
- Title
- President
- Phone
- 5075329013
- Signed
- 2022-09-06
- 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 16
“Expenses travel&meetings-board/committ 117 travel&meetings-staff 467 office supplies 114 telephone 1,038 staff training 275 insurance 981 contingency & miscellaneo 256 online services 174 software 169 office equipment 260 teen programming kits 630 internet/web 4,729 professional membership 753 multi-type partnerships 2,018 workshops 1,543 arpa grant 7,300 school library committee 19 academic library 99 special projects 15,784 non-investment depreciation 730 total 37,456”
Form 990-ez, Part II, Line 24
“Grants receivable 16,296 20,308 prepaid expenses and deferred charges 1,659 1,644 equipment 14,616 14,616 less accumulated depreciation 11,788 12,518 deferred outflows pensions 6,543 31,955 total 27,326 56,005”
Form 990-ez, Part II, Line 26
“Accounts payable and accrued expenses 6,834 3,776 pension benefits payable 59,955 42,704 deferred outflows pensions 5,289 40,739”
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 Appendix134 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/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 | 356832 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt | 0 | 373936 |
| IRS990EZ/ChgMadeToOrgnzngDocNotRptInd | 0 | false |
| IRS990EZ/ContributionsGiftsGrantsEtcAmt | 0 | 170385 |
| IRS990EZ/DonorAdvisedFndsInd | 0 | false |
| IRS990EZ/EngagedInExcessBenefitTransInd | 0 | false |
| IRS990EZ/ExcessOrDeficitForYearAmt | 0 | 30642 |
| IRS990EZ/FeesAndOtherPymtToIndCntrctAmt | 0 | 8226 |
| IRS990EZ/FiledScheduleAInd | 0 | true |
| IRS990EZ/ForeignFinancialAccountInd | 0 | false |
| IRS990EZ/ForeignOfficeInd | 0 | false |
| IRS990EZ/Form1120PolFiledInd | 0 | false |
| IRS990EZ/Form990TotalAssetsGrp/BOYAmt | 0 | 384158 |
| IRS990EZ/Form990TotalAssetsGrp/EOYAmt | 0 | 429941 |
| IRS990EZ/GrantsAndSimilarAmountsPaidAmt | 0 | 8279 |
| IRS990EZ/GrossReceiptsAmt | 0 | 172841 |
| IRS990EZ/InfoInScheduleOPartIIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIInd | 0 | X |
| IRS990EZ/InvestmentIncomeAmt | 0 | 2456 |
| IRS990EZ/LobbyingActivitiesInd | 0 | false |
| IRS990EZ/MadeLoansToFromOfficersInd | 0 | false |
| IRS990EZ/MethodOfAccountingAccrualInd | 0 | X |
| IRS990EZ/NetAssetsOrFundBalancesBOYAmt | 0 | 312080 |
| IRS990EZ/NetAssetsOrFundBalancesEOYAmt | 0 | 342722 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt | 0 | 312080 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt | 0 | 342722 |
| IRS990EZ/OccupancyRentUtltsAndMaintAmt | 0 | 6600 |
| 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/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/PersonNm | 0 | JAN LOUWAGIE |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 1 | KATE BOROWSKE |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 2 | DENNIS ULRICH |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 3 | DEB LANIER |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 4 | DEB FORBROOK |
| 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/OperateHospitalInd | 0 | false |
| IRS990EZ/Organization501c3Ind | 0 | X |
| IRS990EZ/OrganizationDissolvedEtcInd | 0 | false |
| IRS990EZ/OrganizationHadUBIInd | 0 | false |
| IRS990EZ/OtherAssetsTotalDetail/BOYAmt | 0 | 27326 |
| IRS990EZ/OtherAssetsTotalDetail/EOYAmt | 0 | 56005 |
| IRS990EZ/OtherExpensesTotalAmt | 0 | 37456 |
| 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 | 445 |
| 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 | 8279 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt | 0 | 142199 |
| IRS990EZ/ProhibitedTaxShelterTransInd | 0 | false |
| IRS990EZ/RelatedOrganizationCtrlEntInd | 0 | false |
| IRS990EZ/SalariesOtherCompEmplBnftAmt | 0 | 81193 |
| IRS990EZ/SchoolOperatingInd | 0 | false |
| IRS990EZ/SubjectToProxyTaxInd | 0 | false |
| IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt | 0 | 72078 |
| IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt | 0 | 87219 |
| IRS990EZ/TanningServicesProvidedInd | 0 | false |
| IRS990EZ/TotalExpensesAmt | 0 | 142199 |
| IRS990EZ/TotalProgramServiceExpensesAmt | 0 | 142199 |
| IRS990EZ/TotalRevenueAmt | 0 | 172841 |
| IRS990EZ/TransactionWithControlEntInd | 0 | false |
| IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd | 0 | false |
| IRS990EZ/TypeOfOrganizationCorpInd | 0 | X |
| IRS990EZ/WebsiteAddressTxt | 0 | PRAIRIELANDS.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 | EXPENSES TRAVEL&MEETINGS-BOARD/COMMITT 117 TRAVEL&MEETINGS-STAFF 467 OFFICE SUPPLIES 114 TELEPHONE 1,038 STAFF TRAINING 275 INSURANCE 981 CONTINGENCY & MISCELLANEO 256 ONLINE SERVICES 174 SOFTWARE 169 OFFICE EQUIPMENT 260 TEEN PROGRAMMING KITS 630 INTERNET/WEB 4,729 PROFESSIONAL MEMBERSHIP 753 MULTI-TYPE PARTNERSHIPS 2,018 WORKSHOPS 1,543 ARPA GRANT 7,300 SCHOOL LIBRARY COMMITTEE 19 ACADEMIC LIBRARY 99 SPECIAL PROJECTS 15,784 NON-INVESTMENT DEPRECIATION 730 TOTAL 37,456 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | GRANTS RECEIVABLE 16,296 20,308 PREPAID EXPENSES AND DEFERRED CHARGES 1,659 1,644 EQUIPMENT 14,616 14,616 LESS ACCUMULATED DEPRECIATION 11,788 12,518 DEFERRED OUTFLOWS PENSIONS 6,543 31,955 TOTAL 27,326 56,005 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | ACCOUNTS PAYABLE AND ACCRUED EXPENSES 6,834 3,776 PENSION BENEFITS PAYABLE 59,955 42,704 DEFERRED OUTFLOWS PENSIONS 5,289 40,739 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | TO PROMOTE COOPERATION BETWEEN REGIONAL LIBRARIES. 18 COUNTIES IN SW MINNESOTA MAKE UP THE REGION. ALL TYPES OF LIBRARIES ARE ELIGIBLE. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 4 | 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 16 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | FORM 990-EZ, PART II, LINE 24 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | FORM 990-EZ, PART II, LINE 26 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | FORM 990-EZ, PART III |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 4 | 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 | JAN LOUWAGIE |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | PRESIDENT |
| ReturnHeader/BusinessOfficerGrp/PhoneNum | 0 | 5075329013 |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2022-09-06 |
| 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 | 2022-09-06 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | MATT TAUBERT |
| ReturnHeader/ReturnTs | 0 | 2022-11-10T12:04:28-05:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990EZ |
| ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm | 0 | JAN |
| ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm | 0 | LOUWAGIE |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2021-07-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2022-06-30 |
| ReturnHeader/TaxYr | 0 | 2021 |
Document Assets
No mirrored PDF or thumbnail assets are attached yet.
Filings
Displayed year
2022 • Form 990EZDetailed filing. Detailed filing data is available for this year.
- Assets
- $429,941
- Liabilities
- $87,219
- Net assets
- $342,722
- Revenue
- $172,841
- Expenses
- $142,199
- Net income
- $30,642