Cannon Falls Library Foundation

990EZ • Fiscal year 2014 • EIN 41-1962864

Jan 01, 2014 to Dec 31, 2014 • Filed on Apr 06, 2015

Organization Profile

306 Mill St WCannon Falls, MN 55009

(507) 263-2804

Siviq Scores

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

0.00x

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

2014 filings • 501(c)3 • <$500k nonprofits • Source year 2014

0.00x

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

2014 filings • 501(c)3 • <$500k nonprofits • Source year 2014

-449%

Higher net margin than 2% of similar nonprofits.

2014 filings • 501(c)3 • <$500k nonprofits • Source year 2014

Higher top officer pay than 74% of similar nonprofits.

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

2014 filings • 501(c)3 • <$500k nonprofits • Source year 2014

-67%

Faster asset growth than 5% of similar nonprofits.

2014 filings • 501(c)3 • <$500k nonprofits • Annualized from 2013 to 2014

-85%

Faster revenue growth than 3% of similar nonprofits.

2014 filings • 501(c)3 • <$500k nonprofits • Annualized from 2013 to 2014

Balance Sheet

Liabilities / Assets55th percentile

Assets

Down

$105,011

Down $211,214 (-67%) from 2013

Net Assets

Down

$105,011

Down $211,214 (-67%) from 2013

Liabilities

Flat

Flat from 2013

Revenue And Expenses

Liabilities / Revenue55th percentile Net Margin2nd percentile

Revenue

Down

$47,018

Down $262,271 (-85%) from 2013

Expenses

$258,232

Up $97,858 (+61%) from 2013

Net Income

Down

-$211,214

Down $360,129 (-242%) from 2013

Historical Trend

Balance Sheet Trend

Asset Growth5th percentile

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

Highlighted filing

2014

Assets$105,011

Liabilities$0

Net Assets$105,011

Open 2014 Filing

Operations Trend

Revenue Growth3rd percentile

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

Highlighted filing

2014

Revenue$47,018

Expenses$258,232

Net Income-$211,214

Open 2014 Filing

Jump To

Filing Snapshot

Filing Period: Jan 1, 2014 to Dec 31, 2014
Signed: Apr 6, 2015
Return Version: 2014v5.0
Gross Receipts: $47,018

Mission and Program Overview

Mission

Fundraising for Cannon Falls Library

Program Services

Description	Grants	Expenses
Payment to the city of Cannon Falls for progress on new library building	$250,000	$0
Music & Movies	$3,026	$78
Musical entertainment for Easel Art event at the library	$300	$0

Compensation and Service Providers

Top Officer Pay74th percentile

Employees

Name	Title	Full / Part Time	Base	Other	Total
Ellen Hartman	President	PT	$0	-	-
Mary Jill Duncan	Secretary/Treasurer	PT	$0	-	-
Russ Sprandel	Vice President	PT	$0	-	-
Paul Schluter	Director	-	$0	-	-
Jim Bassett	Director	-	$0	-	-
Pat Oates	Director	-	$0	-	-

Filing and Contact Details

Filer

Filer Name: Cannon Falls Library Foundation
EIN: 41-1962864
Phone: 5072632804
Address: 306 Mill St W, Cannon Falls, MN 55009

Signing Officer

Name: Ellen Hartman
Title: President
Phone: 5072637205
Signed: 2015-04-06

Supplemental Narrative

Additional Explanations

Form 990-EZ, Part I, Line 10

“Paid to City of Cannon Falls for new library building construction costs.”

Form 990-EZ, Part I, Line 16

“$10 bank charge $25 MN Attorney General filing fee $35 tax filing fee”

Raw XML Appendix160 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	0
IRS990EZ/BenefitsPaidToOrForMembersAmt	0	0
IRS990EZ/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt	0	Cannon Falls Library Foundation
IRS990EZ/BooksInCareOfDetail/PhoneNum	0	5072632804
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt	0	306 MIll St W
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm	0	Cannon Falls
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd	0	MN
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd	0	55009
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt	0	316225
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt	0	105011
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd	0	0
IRS990EZ/ContributionsGiftsGrantsEtcAmt	0	46737
IRS990EZ/CostOfGoodsSoldAmt	0	0
IRS990EZ/CostOrOtherBasisExpenseSaleAmt	0	0
IRS990EZ/DirectIndirectPltclExpendAmt	0	0
IRS990EZ/DonorAdvisedFndsInd	0	0
IRS990EZ/EngagedInExcessBenefitTransInd	0	0
IRS990EZ/ExcessOrDeficitForYearAmt	0	-211214
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt	0	8144
IRS990EZ/FiledScheduleAInd	0	1
IRS990EZ/ForeignFinancialAccountInd	0	0
IRS990EZ/ForeignOfficeInd	0	0
IRS990EZ/Form1120PolFiledInd	0	0
IRS990EZ/Form990TotalAssetsGrp/BOYAmt	0	316225
IRS990EZ/Form990TotalAssetsGrp/EOYAmt	0	105011
IRS990EZ/FundraisingGrossIncomeAmt	0	0
IRS990EZ/GainOrLossFromSaleOfAssetsAmt	0	0
IRS990EZ/GamingGrossIncomeAmt	0	0
IRS990EZ/GrantsAndSimilarAmountsPaidAmt	0	250000
IRS990EZ/GrossProfitLossSlsOfInvntryAmt	0	0
IRS990EZ/GrossReceiptsAmt	0	47018
IRS990EZ/GrossSalesOfInventoryAmt	0	0
IRS990EZ/InfoInScheduleOPartIInd	0	X
IRS990EZ/InvestmentIncomeAmt	0	281
IRS990EZ/LandAndBuildingsGrp/BOYAmt	0	0
IRS990EZ/LandAndBuildingsGrp/EOYAmt	0	0
IRS990EZ/LobbyingActivitiesInd	0	0
IRS990EZ/MadeLoansToFromOfficersInd	0	0
IRS990EZ/MembershipDuesAmt	0	0
IRS990EZ/MethodOfAccountingCashInd	0	X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt	0	316225
IRS990EZ/NetAssetsOrFundBalancesEOYAmt	0	105011
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt	0	316225
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt	0	105011
IRS990EZ/OccupancyRentUtltsAndMaintAmt	0	0
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt	0	5
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt	1	5
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt	2	5
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt	3	2
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt	4	2
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt	5	2
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/EmployeeBenefitProgramAmt	0	0
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt	1	0
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt	2	0
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt	3	0
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt	4	0
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt	5	0
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt	0	0
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt	1	0
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt	2	0
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt	3	0
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt	4	0
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt	5	0
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm	0	Ellen Hartman
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm	1	Mary Jill Duncan
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm	2	Russ Sprandel
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm	3	Paul Schluter
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm	4	Jim Bassett
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm	5	Pat Oates
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt	0	President
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt	1	Secretary/Treasurer
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt	2	Vice President
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt	3	Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt	4	Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt	5	Director
IRS990EZ/OperateHospitalInd	0	0
IRS990EZ/Organization501c3Ind	0	X
IRS990EZ/OrganizationDissolvedEtcInd	0	0
IRS990EZ/OrganizationHadUBIInd	0	0
IRS990EZ/OtherAssetsTotalDetail/BOYAmt	0	0
IRS990EZ/OtherAssetsTotalDetail/EOYAmt	0	0
IRS990EZ/OtherChangesInNetAssetsAmt	0	0
IRS990EZ/OtherExpensesTotalAmt	0	70
IRS990EZ/OtherRevenueTotalAmt	0	0
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt	0	NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt	0	NONE
IRS990EZ/PoliticalCampaignActyInd	0	0
IRS990EZ/PrimaryExemptPurposeTxt	0	Fundraising for Cannon Falls Library
IRS990EZ/PrintingPublicationsPostageAmt	0	18
IRS990EZ/ProgramServiceRevenueAmt	0	0
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt	0	Payment to the city of Cannon Falls for progress on new library building
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt	1	Music & Movies
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt	2	Musical entertainment for Easel Art event at the library
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt	0	250000
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt	1	3026
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt	2	300
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt	0	0
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt	1	78
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt	2	0
IRS990EZ/ProhibitedTaxShelterTransInd	0	0
IRS990EZ/RelatedOrganizationCtrlEntInd	0	0
IRS990EZ/SalariesOtherCompEmplBnftAmt	0	0
IRS990EZ/SaleOfAssetsGrossAmt	0	0
IRS990EZ/SchoolOperatingInd	0	0
IRS990EZ/SpecialEventsDirectExpensesAmt	0	0
IRS990EZ/SpecialEventsNetIncomeLossAmt	0	0
IRS990EZ/StatesWhereCopyOfReturnIsFldCd	0	MN
IRS990EZ/SubjectToProxyTaxInd	0	0
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt	0	0
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt	0	0
IRS990EZ/TanningServicesProvidedInd	0	0
IRS990EZ/TaxImposedOnOrganizationMgrAmt	0	0
IRS990EZ/TaxImposedUnderIRC4911Amt	0	0
IRS990EZ/TaxImposedUnderIRC4912Amt	0	0
IRS990EZ/TaxImposedUnderIRC4955Amt	0	0
IRS990EZ/TaxReimbursedByOrganizationAmt	0	0
IRS990EZ/TotalExpensesAmt	0	258232
IRS990EZ/TotalProgramServiceExpensesAmt	0	78
IRS990EZ/TotalRevenueAmt	0	47018
IRS990EZ/TransactionWithControlEntInd	0	0
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd	0	0
IRS990EZ/TypeOfOrganizationOtherDesc	0	Foundation
IRS990EZ/TypeOfOrganizationOtherInd	0	X
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	Paid to City of Cannon Falls for new library building construction costs.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt	1	$10 bank charge $25 MN Attorney General filing fee $35 tax filing fee
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc	0	Form 990-EZ, Part I, Line 10
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc	1	Form 990-EZ, Part I, Line 16
ReturnHeader/BuildTS	0	2016-03-07 17:11:31Z
ReturnHeader/BusinessOfficerGrp/PersonNm	0	Ellen Hartman
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt	0	President
ReturnHeader/BusinessOfficerGrp/PhoneNum	0	5072637205
ReturnHeader/BusinessOfficerGrp/SignatureDt	0	2015-04-06
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt	0	CANNON FALLS LIBRARY FOUNDATION
ReturnHeader/Filer/BusinessNameControlTxt	0	CANN
ReturnHeader/Filer/EIN	0	411962864
ReturnHeader/Filer/PhoneNum	0	5072632804
ReturnHeader/Filer/USAddress/AddressLine1Txt	0	306 Mill St W
ReturnHeader/Filer/USAddress/CityNm	0	Cannon Falls
ReturnHeader/Filer/USAddress/StateAbbreviationCd	0	MN
ReturnHeader/Filer/USAddress/ZIPCd	0	55009
ReturnHeader/ReturnTs	0	2015-04-06T12:06:32-07:00
ReturnHeader/ReturnTypeCd	0	990EZ
ReturnHeader/TaxPeriodBeginDt	0	2014-01-01
ReturnHeader/TaxPeriodEndDt	0	2014-12-31
ReturnHeader/TaxYr	0	2014

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2014 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing

Assets: $105,011
Liabilities: $0
Net assets: $105,011
Revenue: $47,018
Expenses: $258,232
Net income: -$211,214

	Balance Sheet			Operations
Year	Assets	Liabilities	Net Assets	Revenue	Expenses	Net Income
2016Detailed filing. Detailed filing data is available for this year.	$0.49	$0.00	$0.49	$0.10	$0.23	$0.13
2015Detailed filing. Detailed filing data is available for this year.	$0.62	$0.00	$0.62	$0.38	$0.82	$0.43
2014Detailed filing. Detailed filing data is available for this year.	$1.05	$0.00	$1.05	$0.47	$2.58	$2.11
2013Detailed filing. Detailed filing data is available for this year.	$3.16	$0.00	$3.16	$3.09	$1.60	$1.49
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.	$1.64	$0.00	$1.64		$3.59
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.	$3.70	$0.00	$3.70		$0.57
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.	$0.53	$0.00	$0.53	$0.79	$0.67	$0.12