Sheldon Public Library Foundation

990EZ • Fiscal year 2022 • EIN 42-1488005

Sep 01, 2021 to Aug 31, 2022 • Filed on Dec 02, 2022

Organization Profile N/A

925 4th AvenueSheldon, IA 51201

(712) 324-2442

Siviq Scores

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

No value available

Liabilities-to-assets requires both liabilities and assets on this filing.

Source year 2022

No value available

Liabilities-to-revenue requires both liabilities and revenue on this filing.

Source year 2022

-34%

Higher net margin than 14% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Higher top officer pay than 78% of similar nonprofits.

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

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

-2.1%

Faster asset growth than 42% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Annualized from 2021 to 2022

-84%

Faster revenue growth than 4% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Annualized from 2021 to 2022

Balance Sheet

Liabilities / AssetsScore unavailable

Assets

Down

$106,330

Down $2,293 (-2.1%) from 2021

Net Assets

Down

$106,330

Down $2,293 (-2.1%) from 2021

Liabilities

No earlier filing loaded for comparison.

Revenue And Expenses

Liabilities / RevenueScore unavailable Net Margin14th percentile

Revenue

Down

$6,831

Down $34,872 (-84%) from 2021

Expenses

Down

$9,124

Down $26,858 (-75%) from 2021

Net Income

Down

-$2,293

Down $8,014 (-140%) from 2021

Historical Trend

Balance Sheet Trend

Asset Growth42nd percentile

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

Highlighted filing

2022

Assets$106,330

Liabilities-

Net Assets$106,330

Open 2022 Filing

Operations Trend

Revenue Growth4th percentile

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

Highlighted filing

2022

Revenue$6,831

Expenses$9,124

Net Income-$2,293

Open 2022 Filing

Jump To

Filing Snapshot

Filing Period: Sep 1, 2021 to Aug 31, 2022
Signed: Dec 2, 2022
Return Version: 2021v4.0
Gross Receipts: $6,831

Mission and Program Overview

Mission

The sheldon public library foundation is organized and operated to exclusively provide financial support to the sheldon public library.

To provide financial support to the sheldon public library

Program Services

Description	Grants	Expenses
THE SHELDON PUBLIC LIBRARY FOUNDATION IS ORGANIZED AND OPERATED TO EXCLUSIVELY PROVIDE FINANCIAL SUPPORT TO THE SHELDON PUBLIC LIBRARY	$7,229	$9,124

Compensation and Service Providers

Top Officer Pay78th percentile

Employees

Name	Title	Full / Part Time	Base	Other	Total
ROGER HIBMA	President	-	$0	-	-
CALEB SCHREURS	Vice Preside	-	$0	-	-
MIKE MCCUDDIN	Treasurer	-	$0	-	-
MADELYN MULLALLY	Secretary	-	$0	-	-
BILL BOSCALJON	Director	-	$0	-	-
THELMA DE KOK	Director	-	$0	-	-
MILLIE VOS	Director	-	$0	-	-
NICOLE WEBER	Library Dire	-	$0	-	-

Filing and Contact Details

Filer

Filer Name: Sheldon Public Library Foundation
EIN: 42-1488005
Phone: 7123242442
Address: 925 4TH AVENUE, SHELDON, IA 51201

Signing Officer

Name: Nicole Weber
Title: Library Director
Phone: 7123242442
Signed: 2022-12-02

Preparer

Firm: K F Murphy Co Pc
Address: PO BOX 219, SHELDON, IA 51201-0219
Preparer: Kenneth F Murphy
Phone: 7123245005

Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 10

“Name: sheldon public library address: 925 4th ave sheldon, ia 51201 noncash contribution: 7,229 description of property: shelf,book,supp fmv explanation: purchase cos”

Form 990-ez, Part I, Line 16

“Expenses presenter fees 1,895 total 1,895”

Form 990-ez, Part III

“The sheldon public library foundation is organized and operated to exclusively provide financial support to the sheldon public library said financial support may include expenditure of funds to satisfy annual operating budget shortfalls, as well as, to provide funds to make capital improvements to the library. The sheldon public library is not seperately incorporated but is an integral part of the city government and, pursuant to the city's charter, is under the supervision of the sheldon public library board of trustees. Said sheldon public library board of trustees are appointed by the sheldon city council.”

Form 990-ez, Part V

“Information regarding personal benefit contracts: the organization did not, during the year, receive any funds, directly, or indirectly, to pay premiumns on a personal benefit contract. The organization, did not, during the year, pay any premiums, directly, or indirectly, on a personal benefit contract.”

Raw XML Appendix156 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.

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IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt	1	0
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt	3	0
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt	4	0
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt	5	0
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt	6	0
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt	7	0
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm	0	ROGER HIBMA
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm	1	CALEB SCHREURS
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm	2	MIKE MCCUDDIN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm	3	MADELYN MULLALLY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm	4	BILL BOSCALJON
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm	5	THELMA DE KOK
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm	6	MILLIE VOS
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm	7	NICOLE WEBER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt	0	PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt	1	VICE PRESIDE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt	2	TREASURER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt	3	SECRETARY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt	4	DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt	5	DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt	6	DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt	7	LIBRARY DIRE
IRS990EZ/OperateHospitalInd	0	false
IRS990EZ/Organization501c3Ind	0	X
IRS990EZ/OrganizationDissolvedEtcInd	0	false
IRS990EZ/OrganizationHadUBIInd	0	false
IRS990EZ/OtherExpensesTotalAmt	0	1895
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt	0	NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt	0	NONE
IRS990EZ/PoliticalCampaignActyInd	0	false
IRS990EZ/PrimaryExemptPurposeTxt	0	TO PROVIDE FINANCIAL SUPPORT TO THE SHELDON PUBLIC LIBRARY
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt	0	THE SHELDON PUBLIC LIBRARY FOUNDATION IS ORGANIZED AND OPERATED TO EXCLUSIVELY PROVIDE FINANCIAL SUPPORT TO THE SHELDON PUBLIC LIBRARY
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt	0	7229
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt	0	9124
IRS990EZ/ProhibitedTaxShelterTransInd	0	false
IRS990EZ/RelatedOrganizationCtrlEntInd	0	false
IRS990EZ/ScheduleBNotRequiredInd	0	X
IRS990EZ/SchoolOperatingInd	0	false
IRS990EZ/SubjectToProxyTaxInd	0	false
IRS990EZ/TanningServicesProvidedInd	0	false
IRS990EZ/TotalExpensesAmt	0	9124
IRS990EZ/TotalProgramServiceExpensesAmt	0	9124
IRS990EZ/TotalRevenueAmt	0	6831
IRS990EZ/TransactionWithControlEntInd	0	false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd	0	false
IRS990EZ/TypeOfOrganizationCorpInd	0	X
IRS990EZ/WebsiteAddressTxt	0	N/A
IRS990ScheduleA/Form990SchASupportingOrgGrp/Contribution35ControlledInd	0	false
IRS990ScheduleA/Form990SchASupportingOrgGrp/ContributionControllerInd	0	false
IRS990ScheduleA/Form990SchASupportingOrgGrp/ContributionFamilyInd	0	false
IRS990ScheduleA/Form990SchASupportingOrgGrp/ControlledDisqualifiedPrsnInd	0	false
IRS990ScheduleA/Form990SchASupportingOrgGrp/DisqualifiedPrsnControllIntInd	0	false
IRS990ScheduleA/Form990SchASupportingOrgGrp/DisqualifiedPrsnOwnrIntInd	0	false
IRS990ScheduleA/Form990SchASupportingOrgGrp/ExcessBusinessHoldingsRulesInd	0	false
IRS990ScheduleA/Form990SchASupportingOrgGrp/ListedByNameGoverningDocInd	0	true
IRS990ScheduleA/Form990SchASupportingOrgGrp/LoanDisqualifiedPersonInd	0	false
IRS990ScheduleA/Form990SchASupportingOrgGrp/OrganizationChangeSuprtOrgInd	0	false
IRS990ScheduleA/Form990SchASupportingOrgGrp/PaymentSubstantialContribtrInd	0	false
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgNotOrganizedUSInd	0	false
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgSectionC456Ind	0	false
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportNonSupportedOrgInd	0	false
IRS990ScheduleA/Form990SchASupportingOrgGrp/SuprtOrgNoIRSDeterminationInd	0	false
IRS990ScheduleA/Form990SchAType1SuprtOrgGrp/OperateBenefitNonSuprtOrgInd	0	false
IRS990ScheduleA/Form990SchAType1SuprtOrgGrp/PowerAppointMajorityDirTrstInd	0	true
IRS990ScheduleA/OtherSupportSumAmt	0	0
IRS990ScheduleA/SupportedOrganizationsCnt	0	1
IRS990ScheduleA/SupportedOrganizationsTotalCnt	0	1
IRS990ScheduleA/SupportedOrgInformationGrp/EIN	0	426005196
IRS990ScheduleA/SupportedOrgInformationGrp/GoverningDocumentListedInd	0	true
IRS990ScheduleA/SupportedOrgInformationGrp/OrganizationTypeCd	0	6
IRS990ScheduleA/SupportedOrgInformationGrp/OtherSupportAmt	0	0
IRS990ScheduleA/SupportedOrgInformationGrp/SupportAmt	0	7229
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt	0	SHELDON PUBLIC LIBRARY
IRS990ScheduleA/SupportingOrganization509a3Ind	0	X
IRS990ScheduleA/SupportingOrgType1Ind	0	X
IRS990ScheduleA/SupportSumAmt	0	7229
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt	0	NAME: SHELDON PUBLIC LIBRARY ADDRESS: 925 4TH AVE SHELDON, IA 51201 NONCASH CONTRIBUTION: 7,229 DESCRIPTION OF PROPERTY: SHELF,BOOK,SUPP FMV EXPLANATION: PURCHASE COS
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt	1	EXPENSES PRESENTER FEES 1,895 TOTAL 1,895
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt	2	THE SHELDON PUBLIC LIBRARY FOUNDATION IS ORGANIZED AND OPERATED TO EXCLUSIVELY PROVIDE FINANCIAL SUPPORT TO THE SHELDON PUBLIC LIBRARY SAID FINANCIAL SUPPORT MAY INCLUDE EXPENDITURE OF FUNDS TO SATISFY ANNUAL OPERATING BUDGET SHORTFALLS, AS WELL AS, TO PROVIDE FUNDS TO MAKE CAPITAL IMPROVEMENTS TO THE LIBRARY. THE SHELDON PUBLIC LIBRARY IS NOT SEPERATELY INCORPORATED BUT IS AN INTEGRAL PART OF THE CITY GOVERNMENT AND, PURSUANT TO THE CITY'S CHARTER, IS UNDER THE SUPERVISION OF THE SHELDON PUBLIC LIBRARY BOARD OF TRUSTEES. SAID SHELDON PUBLIC LIBRARY BOARD OF TRUSTEES ARE APPOINTED BY THE SHELDON CITY COUNCIL.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt	3	INFORMATION REGARDING PERSONAL BENEFIT CONTRACTS: THE ORGANIZATION DID NOT, DURING THE YEAR, RECEIVE ANY FUNDS, DIRECTLY, OR INDIRECTLY, TO PAY PREMIUMNS ON A PERSONAL BENEFIT CONTRACT. THE ORGANIZATION, DID NOT, DURING THE YEAR, PAY ANY PREMIUMS, DIRECTLY, OR INDIRECTLY, ON A PERSONAL BENEFIT CONTRACT.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc	0	FORM 990-EZ, PART I, LINE 10
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc	2	FORM 990-EZ, PART III
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc	3	FORM 990-EZ, PART V
ReturnHeader/BuildTS	0	2022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/PersonNm	0	NICOLE WEBER
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt	0	LIBRARY DIRECTOR
ReturnHeader/BusinessOfficerGrp/PhoneNum	0	7123242442
ReturnHeader/BusinessOfficerGrp/SignatureDt	0	2022-12-02
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ReturnHeader/Filer/BusinessNameControlTxt	0	SHEL
ReturnHeader/Filer/EIN	0	421488005
ReturnHeader/Filer/PhoneNum	0	7123242442
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ReturnHeader/Filer/USAddress/CityNm	0	SHELDON
ReturnHeader/Filer/USAddress/StateAbbreviationCd	0	IA
ReturnHeader/Filer/USAddress/ZIPCd	0	51201
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN	0	421393615
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt	0	K F MURPHY CO PC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt	0	PO BOX 219
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm	0	SHELDON
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd	0	IA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd	0	512010219
ReturnHeader/PreparerPersonGrp/PhoneNum	0	7123245005
ReturnHeader/PreparerPersonGrp/PreparationDt	0	2022-12-20
ReturnHeader/PreparerPersonGrp/PreparerPersonNm	0	KENNETH F MURPHY
ReturnHeader/ReturnTs	0	2022-12-20T11:23:04-05:00
ReturnHeader/ReturnTypeCd	0	990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm	0	NICOLE
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm	0	WEBER
ReturnHeader/TaxPeriodBeginDt	0	2021-09-01
ReturnHeader/TaxPeriodEndDt	0	2022-08-31
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.

Open filing

Assets: $106,330
Liabilities: -
Net assets: $106,330
Revenue: $6,831
Expenses: $9,124
Net income: -$2,293

	Balance Sheet			Operations
Year	Assets	Liabilities	Net Assets	Revenue	Expenses	Net Income
2024Detailed filing. Detailed filing data is available for this year.	$0.79		$0.79	$0.06	$0.33	$0.27
2023Detailed filing. Detailed filing data is available for this year.	$1.06		$1.06	$0.11	$0.12	$0.01
2022Detailed filing. Detailed filing data is available for this year.	$1.06		$1.06	$0.07	$0.09	$0.02
2021Detailed filing. Detailed filing data is available for this year.	$1.09		$1.09	$0.42	$0.36	$0.06
2020Detailed filing. Detailed filing data is available for this year.	$1.03		$1.03	$0.06	$0.05	$0.01
2019Detailed filing. Detailed filing data is available for this year.	$1.02	$0.00	$1.02	$0.14	$0.26	$0.12
2018Detailed filing. Detailed filing data is available for this year.	$1.14	$0.00	$1.14	$0.13	$0.34	$0.20
2017Detailed filing. Detailed filing data is available for this year.	$1.34	$0.00	$1.34	$0.15	$0.02	$0.13
2016Detailed filing. Detailed filing data is available for this year.	$1.21	$0.00	$1.21	$0.03	$0.12	$0.09
2015Detailed filing. Detailed filing data is available for this year.	$1.31	$0.00	$1.31	$0.17	$0.11	$0.06
2014Detailed filing. Detailed filing data is available for this year.	$1.25	$0.00	$1.25	$0.00	$0.01	$0.00
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.	$1.25	$0.00	$1.25		$0.05
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.	$1.29	$0.00	$1.29		$0.02
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.	$1.29	$0.00	$1.29		$0.01