Civic Intelligence

Traverse Des Sioux Library System

990 • Fiscal year 2019 • EIN 41-6173688

Jan 01, 2019 to Dec 31, 2019 • Filed on Apr 01, 2020

1400 Madison Ave Ste 622Mankato, MN 56001

(507) 625-6169

Siviq Scores

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

Liabilities / Assets

73rd percentile

0.32x

Higher debt load relative to assets than 73% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2019

Liabilities / Revenue

77th percentile

0.42x

Higher debt load relative to revenue than 77% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2019

Net Margin

48th percentile

2.5%

Higher net margin than 48% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2019

Top Officer Pay

36th percentile

$0

Higher top officer pay than 36% of similar nonprofits.

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

2019 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2019

Asset Growth

33rd percentile

-1.4%

Faster asset growth than 33% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2018 to 2019

Revenue Growth

60th percentile

8.4%

Faster revenue growth than 60% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2018 to 2019

Assets

Down

$1,987,078

Down $29,215 (-1.4%) from 2018

Net Assets

Up

$1,344,311

Up $48,666 (+3.8%) from 2018

Liabilities

Down

$642,767

Down $77,881 (-11%) from 2018

Revenue

Up

$1,537,708

Up $119,497 (+8.4%) from 2018

Expenses

Down

$1,499,308

Down $340,091 (-18%) from 2018

Net Income

Up

$38,400

Up $459,588 (+109%) from 2018

Historical Trend

Balance Sheet Trend

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

$4.0M$3.0M$2.0M$1.0M$0Assets 2014: $2,462,312Liabilities 2014: $216,436Net Assets 2014: $2,245,8762014Assets 2016: $2,253,231Liabilities 2016: $283,726Net Assets 2016: $1,969,5052016Assets 2017: $2,634,631Liabilities 2017: $917,798Net Assets 2017: $1,716,8332017Assets 2018: $2,016,293Liabilities 2018: $720,648Net Assets 2018: $1,295,6452018Assets 2019: $1,987,078Liabilities 2019: $642,767Net Assets 2019: $1,344,3112019Assets 2020: $2,185,197Liabilities 2020: $653,510Net Assets 2020: $1,531,6872020Assets 2021: $2,660,505Liabilities 2021: $720,807Net Assets 2021: $1,939,6982021Assets 2022: $3,002,508Liabilities 2022: $1,011,057Net Assets 2022: $1,991,4512022Assets 2023: $3,271,167Liabilities 2023: $822,888Net Assets 2023: $2,448,2792023Assets 2024: $3,061,265Liabilities 2024: $1,034,453Net Assets 2024: $2,026,8122024

Highlighted filing

2019

Assets$1,987,078
Liabilities$642,767
Net Assets$1,344,311

Operations Trend

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

$3.0M$2.0M$1.0M$0-$1.0MRevenue 2014: $1,595,397Expenses 2014: $1,690,138Net Income 2014: -$94,7412014Revenue 2016: $1,482,526Expenses 2016: $1,610,875Net Income 2016: -$128,3492016Revenue 2017: $1,551,978Expenses 2017: $1,544,856Net Income 2017: $7,1222017Revenue 2018: $1,418,211Expenses 2018: $1,839,399Net Income 2018: -$421,1882018Revenue 2019: $1,537,708Expenses 2019: $1,499,308Net Income 2019: $38,4002019Revenue 2020: $1,496,907Expenses 2020: $1,315,238Net Income 2020: $181,6692020Revenue 2021: $1,793,930Expenses 2021: $1,385,919Net Income 2021: $408,0112021Revenue 2022: $1,795,444Expenses 2022: $1,743,691Net Income 2022: $51,7532022Revenue 2023: $2,088,870Expenses 2023: $1,672,998Net Income 2023: $415,8722023Revenue 2024: $347,549Expenses 2024: $772,678Net Income 2024: -$425,1292024

Highlighted filing

2019

Revenue$1,537,708
Expenses$1,499,308
Net Income$38,400
Jump To
Filing Snapshot
Filing Period
Jan 1, 2019 to Dec 31, 2019
Signed
Apr 1, 2020
Return Version
2019v5.0
Gross Receipts
$1,537,708
Mission and Program Overview

Mission

The traverse des sioux library cooperative strengthens, improves, and promotes collaboration by providing support services and coordinating shared access to resources, programs, and technologies for member libraries.

See page 2, part iii, line 1

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$697,044$747,756▲ $50,712
Savings and Temporary Cash Investments$716,564$739,615▲ $23,051
Other Notes and Loans Receivable, Net$389,149$403,557▲ $14,408
Land, Buildings, and Equipment, Net$25,957$20,194▼ $5,763
Prepaid Expenses and Deferred Charges$21,159$8,219▼ $12,940
Total Assets$2,016,293$1,987,078▼ $29,215
Other Assets Total$166,420$67,737▼ $98,683
Liabilities
Other Liabilities$650,325$550,724▼ $99,601
Accounts Payable and Accrued Expenses$70,323$92,043▲ $21,720
Total Liabilities$720,648$642,767▼ $77,881
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$1,097,475$1,185,733▲ $88,258
Net Assets With Donor Restrictions$198,170$158,578▼ $39,592
Total Net Assets Fund Balance$1,295,645$1,344,311▲ $48,666
Total Liabilities and Net Assets / Fund Balance$2,016,293$1,987,078▼ $29,215

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$10,898$242,700$253,598
Equipment$9,296$122,402$131,698
Compensation and Service Providers

Board Members and Trustees

NameTitle
Les TlouganPresident
Diane RabeBoard Member
Elizabeth TraxlerBoard Member
Jack KolarsBoard Member
Julie TrebelhornBoard Member
Lelsie PetersonBoard Member
Linda KramerBoard Member
Stacy LienamannBoard Member
Sue SonnekBoard Member
Amy LorenzSchool Repre
Holly PostelSecretary
Vance StuehrenbergTreasurer
Steve FlohrsVice Preside
Revenue and Support

Revenue Composition

Contributions and Grants
$1,024,312
Program Service Revenue
$498,757
Investment Income
$14,639
Other Revenue
$0
Change in Net Assets
$38,400

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,537,708
Total Revenue per Audited Statements
$1,537,708
Total Revenue per Form 990
$1,537,708
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$770,754
Salaries, Compensation, and Employee Benefits$728,554
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$453,241$50,360-$503,601
Fees for Services Other$357,558--$357,558
Other Employee Benefits$172,387$19,154-$191,541
Information Technology$70,761$1,145-$71,906
Occupancy$60,308$6,701-$67,009
Payroll Taxes$30,071$3,341-$33,412
All Other Expenses$12,700$350-$13,050
Travel$11,971--$11,971
Fees for Services Accounting$8,014$891-$8,905
Other Expenses$8,391--$8,391
Depreciation Depletion$5,186$576-$5,762
Insurance$4,508--$4,508
Fees for Services Legal$2,125$236-$2,361
Office Expenses$1,826$203-$2,029
Advertising$269--$269
Total Functional Expenses$1,416,351$82,957$0$1,499,308

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$1,499,308
Total Expenses per Audited Statements$1,499,308
Total Expenses per Form 990$1,499,308
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
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Net Pension Liability$364,899
Amounts Deferred for Pensions$185,825
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
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
No
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

The executive director meets with the board to review the 990. Then provide to board to accepts on a consent agenda.

Form 990, Page 6, Part VI, Line 19

No request was made in the current year.

Filing and Contact Details

Filer

Filer Name
Traverse Des Sioux Library
EIN
41-6173688
Phone
5076256169
Address
1400 MADISON AVE STE 622, MANKATO, MN 56001

Signing Officer

Name
Les Tlougan
Title
President
Phone
5076256169
Signed
2020-04-01
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Les Tlougan
Formed
2014
Legal Domicile
Mn
Voting Board Members
13
Independent Board Members
13
Employees
9

Preparer

Firm
Burkhardt & Burkhardt Ltd
Address
35 OAK AVE N BOX N, ANNANDALE, MN 55302-0139
Preparer
Jeffrey Burkhardt
Phone
3202741040
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

The traverse des sioux library cooperative strengthens, improves, and promotes collaboration by providing support services and coordinating shared access to resources, programs, and technologies for member libraries.

Form 990, Part IX, Line 11G

Courier costs 134,113 0 0 ill charges/replacements 5,738 0 0 ill charges/replacements 1,293 0 0 ill supplies and equipment 318 0 0 oclc expense 23,208 0 0 iii contract 108,793 0 0 telecom services 84,095 0 0 total 357,558 0 0

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IRS990/OthNotesLoansReceivableNetGrp/BOYAmt0389149
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt0403557
IRS990/PartialLiquidationInd0false
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt03341
IRS990/PayrollTaxesGrp/ProgramServicesAmt030071
IRS990/PayrollTaxesGrp/TotalAmt033412
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt021159
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt08219
IRS990/PrincipalOfficerNm0LES TLOUGAN
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/Desc0FEES FOR SERVICES
IRS990/ProgramServiceRevenueGrp/Desc1SPECIAL PROJECTS
IRS990/ProgramServiceRevenueGrp/Desc2CONTRACT SERVICES
IRS990/ProgramServiceRevenueGrp/Desc3OTHER INCOME
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0434523
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt132300
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt216583
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt315351
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0434523
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt132300
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt216583
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt315351
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0939233
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt010729
IRS990/PYOtherExpensesAmt01098241
IRS990/PYOtherRevenueAmt0-2921
IRS990/PYProgramServiceRevenueAmt0471170
IRS990/PYRevenuesLessExpensesAmt0-421188
IRS990/PYSalariesCompEmpBnftPaidAmt0741158
IRS990/PYTotalExpensesAmt01839399
IRS990/PYTotalRevenueAmt01418211
IRS990/ReconcilationRevenueExpnssAmt038400
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0716564
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0739615
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0OTHER INCOME -2,921
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0PART II, LINE 10
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt01024312
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0939233
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt01117077
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt01051353
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt01066750
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt05198725
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt014639
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt010729
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt024558
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt03460
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt053386
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt01404828
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus1YearAmt0-2921
IRS990ScheduleA/OtherIncome170Grp/TotalAmt0-2921
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.99040
IRS990ScheduleA/PublicSupportPY170Pct00.99330
IRS990ScheduleA/PublicSupportTotal170Amt05198725
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt01024312
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0939233
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt01117077
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt01051353
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt01066750
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt05198725
IRS990ScheduleA/TotalSupportAmt05249190
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleD/BuildingsGrp/BookValueAmt010898
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0242700
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt0253598
IRS990ScheduleD/EquipmentGrp/BookValueAmt09296
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0122402
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0131698
IRS990ScheduleD/ExpensesSubtotalAmt01499308
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0364899
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt1185825
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0NET PENSION LIABILITY
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1AMOUNTS DEFERRED FOR PENSIONS
IRS990ScheduleD/RevenueSubtotalAmt01537708
IRS990ScheduleD/TotalBookValueLandBuildingsAmt020194
IRS990ScheduleD/TotalExpensesPerForm990Amt01499308
IRS990ScheduleD/TotalLiabilityAmt0550724
IRS990ScheduleD/TotalRevenuePerForm990Amt01537708
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt01537708
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt01499308
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE TRAVERSE DES SIOUX LIBRARY COOPERATIVE STRENGTHENS, IMPROVES, AND PROMOTES COLLABORATION BY PROVIDING SUPPORT SERVICES AND COORDINATING SHARED ACCESS TO RESOURCES, PROGRAMS, AND TECHNOLOGIES FOR MEMBER LIBRARIES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE EXECUTIVE DIRECTOR MEETS WITH THE BOARD TO REVIEW THE 990. THEN PROVIDE TO BOARD TO ACCEPTS ON A CONSENT AGENDA.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2NO REQUEST WAS MADE IN THE CURRENT YEAR.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3COURIER COSTS 134,113 0 0 ILL CHARGES/REPLACEMENTS 5,738 0 0 ILL CHARGES/REPLACEMENTS 1,293 0 0 ILL SUPPLIES AND EQUIPMENT 318 0 0 OCLC EXPENSE 23,208 0 0 III CONTRACT 108,793 0 0 TELECOM SERVICES 84,095 0 0 TOTAL 357,558 0 0
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990 - ORGANIZATION'S MISSION
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART IX, LINE 11G
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0MN
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt02016293
IRS990/TotalAssetsEOYAmt01987078
IRS990/TotalAssetsGrp/BOYAmt02016293
IRS990/TotalAssetsGrp/EOYAmt01987078
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt01024312
IRS990/TotalEmployeeCnt09
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt082957
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt01416351
IRS990/TotalFunctionalExpensesGrp/TotalAmt01499308
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0720648
IRS990/TotalLiabilitiesEOYAmt0642767
IRS990/TotalLiabilitiesGrp/BOYAmt0720648
IRS990/TotalLiabilitiesGrp/EOYAmt0642767
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt01295645
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt01344311
IRS990/TotalProgramServiceExpensesAmt01416351
IRS990/TotalProgramServiceRevenueAmt0498757
IRS990/TotalRevenueGrp/ExclusionAmt014639
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0498757
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt01537708
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt02016293
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt01987078
IRS990/TravelGrp/ProgramServicesAmt011971
IRS990/TravelGrp/TotalAmt011971
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false

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