Civic Intelligence

Wells Public Library Foundation Inc

EIN 45-4551792 • 501(c)3 • Wells, ME

Profile

Procuring, managing and administering funds for the support of the programs and facilities of the wells public library

1443 Post RoadWells, ME 04090

n/A

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on the latest valid filing.

Source year 2022

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on the latest valid filing.

Source year 2022

Net Margin

98th percentile

97%

Higher net margin than 98% of similar nonprofits.

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

Top Officer Pay

81st percentile

$0

Higher top officer pay than 81% of similar nonprofits.

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

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

Asset Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2022

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2022

Balance Sheet
Liabilities / AssetsScore unavailable

Assets

Up

$410,774

Up $393,806 (+2321%) from 2018

Liabilities

-

No earlier filing loaded for comparison.

Net Assets

Up

$410,774

Up $393,806 (+2321%) from 2018

Operations
Liabilities / RevenueScore unavailableNet Margin98th percentile

Revenue

Up

$192,930

Up $116,685 (+153%) from 2018

Expenses

Down

$5,080

Down $1,061,124 (-100%) from 2018

Net Income

Up

$187,850

Up $1,177,809 (+119%) from 2018

Trend Graphs

Balance Sheet Trend

Asset GrowthScore unavailable

Grouped bars show assets, liabilities, and net assets across loaded filings.

$1.5M$1.0M$500K$0Assets 2015: $168,870Liabilities 2015: $02015Assets 2016: $355,924Net Assets 2016: $355,9242016Assets 2017: $1,006,927Liabilities 2017: $0Net Assets 2017: $1,006,9272017Assets 2018: $16,968Liabilities 2018: $0Net Assets 2018: $16,9682018Assets 2022: $410,774Net Assets 2022: $410,7742022

Highlighted filing

2022

Assets$410,774
Liabilities-
Net Assets$410,774
Open 2022 Filing

Operations Trend

Revenue GrowthScore unavailable

Revenue, expenses, and net income by year, with the latest filing highlighted.

$2.0M$1.0M$0-$1.0MRevenue 2015: $149,931Expenses 2015: $0Net Income 2015: $149,9312015Revenue 2016: $187,0552016Revenue 2017: $651,003Expenses 2017: $0Net Income 2017: $651,0032017Revenue 2018: $76,245Expenses 2018: $1,066,204Net Income 2018: -$989,9592018Revenue 2022: $192,930Expenses 2022: $5,080Net Income 2022: $187,8502022

Highlighted filing

2022

Revenue$192,930
Expenses$5,080
Net Income$187,850
Open 2022 Filing

Filings

Most recent year

2022 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$410,774
Liabilities
-
Net assets
$410,774
Revenue
$192,930
Expenses
$5,080
Net income
$187,850
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2022Detailed filing. Detailed filing data is available for this year.$0.41$0.41$0.19$0.01$0.19
2018Detailed filing. Detailed filing data is available for this year.$0.02$0.00$0.02$0.08$1.07$0.99
2017Detailed filing. Detailed filing data is available for this year.$1.01$0.00$1.01$0.65$0.00$0.65
2016Detailed filing. Detailed filing data is available for this year.$0.36$0.36$0.19
2015Summary only. Only limited summary data is available for this year.$0.17$0.00$0.15$0.00$0.15
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2021 to Jun 30, 2022
Signed
May 3, 2022
Return Version
2021v4.0
Gross Receipts
$192,930
Mission and Program Overview

Mission

Procuring, managing and administering funds for the support of the programs and facilities of the wells public library

Program Services

DescriptionGrantsExpenses
DEVELOP FUNDS THROUGH FUNRAISING ACTIVITIES, INVEST THE ASSETS OF THE ORGANIZATION, PROMOTE COMMUNITY AWARENESS, AND ALLOCATE FUNDS FOR THE SUPPORT OF THE PROGRAMS AND FACILITIES OF THE WELLS PUBLIC LIBRARY-$5,080
Compensation and Service Providers
Top Officer Pay81st percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
MAUREEN CONNERSChairPT$0--
PETER MASUCCITreasurerPT$0--
DEBORAH LAPOINTESecretaryPT$0--
Filing and Contact Details

Filer

Filer Name
Wells Public Library Foundation Inc
EIN
45-4551792
Address
1443 POST ROAD, WELLS, ME 04090

Signing Officer

Name
Peter Masucci
Title
Treasurer
Signed
2022-05-03
Discuss with paid preparer
Yes

Preparer

Firm
Yellis & Foley LLC
Address
PO BOX 1359, WELLS, ME 04090
Preparer
James M Foley
Phone
2076461007
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 16

“Expenses annual report 50 total 50”

Form 990-ez, Part III

“Procuring, managing and administering funds for the support of the programs and facilities of the wells public library”

Raw XML Appendix126 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/ActivitiesNotPreviouslyRptInd0false
IRS990EZ/BooksInCareOfDetail/PersonNm0PETER MASUCCI
IRS990EZ/BooksInCareOfDetail/PhoneNum02076465558
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt01434 POST ROAD
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0WELLS
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0ME
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd004090
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt0222924
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt0410774
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/ContributionsGiftsGrantsEtcAmt0192930
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt0187850
IRS990EZ/FiledScheduleAInd0true
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt0222924
IRS990EZ/Form990TotalAssetsGrp/EOYAmt0410774
IRS990EZ/GrossReceiptsAmt0192930
IRS990EZ/InfoInScheduleOPartIIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt0222924
IRS990EZ/NetAssetsOrFundBalancesEOYAmt0410774
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt0222924
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt0410774
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt05.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt15.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt25.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0MAUREEN CONNERS
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1PETER MASUCCI
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2DEBORAH LAPOINTE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0CHAIR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1TREASURER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2SECRETARY
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherExpensesTotalAmt050
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0PROCURING, MANAGING AND ADMINISTERING FUNDS FOR THE SUPPORT OF THE PROGRAMS AND FACILITIES OF THE WELLS PUBLIC LIBRARY
IRS990EZ/PrintingPublicationsPostageAmt05030
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0DEVELOP FUNDS THROUGH FUNRAISING ACTIVITIES, INVEST THE ASSETS OF THE ORGANIZATION, PROMOTE COMMUNITY AWARENESS, AND ALLOCATE FUNDS FOR THE SUPPORT OF THE PROGRAMS AND FACILITIES OF THE WELLS PUBLIC LIBRARY
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt05080
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt05080
IRS990EZ/TotalProgramServiceExpensesAmt05080
IRS990EZ/TotalRevenueAmt0192930
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0N/A
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0UNUSUALLY LARGE GRANT 192,930
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0SUPPORTING SCHEDULE
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt01
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt053383
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt021555
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0122398
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0197337
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.25310
IRS990ScheduleA/PublicSupportPY170Pct00.73630
IRS990ScheduleA/PublicSupportTotal170Amt049940
IRS990ScheduleA/SubstantialContributorsTotAmt0147397
IRS990ScheduleA/ThirtyThrPctSuprtTestsPY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt01
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt053383
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt021555
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0122398
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0197337
IRS990ScheduleA/TotalSupportAmt0197337
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
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0EXPENSES ANNUAL REPORT 50 TOTAL 50
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1PROCURING, MANAGING AND ADMINISTERING FUNDS FOR THE SUPPORT OF THE PROGRAMS AND FACILITIES OF THE WELLS PUBLIC LIBRARY
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART III
ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0PETER MASUCCI
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0TREASURER
ReturnHeader/BusinessOfficerGrp/SignatureDt02022-05-03
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0WELLS PUBLIC LIBRARY FOUNDATION INC
ReturnHeader/Filer/BusinessNameControlTxt0WELL
ReturnHeader/Filer/EIN0454551792
ReturnHeader/Filer/USAddress/AddressLine1Txt01443 POST ROAD
ReturnHeader/Filer/USAddress/CityNm0WELLS
ReturnHeader/Filer/USAddress/StateAbbreviationCd0ME
ReturnHeader/Filer/USAddress/ZIPCd004090
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0263786395
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0YELLIS & FOLEY LLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0PO BOX 1359
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0WELLS
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0ME
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd004090
ReturnHeader/PreparerPersonGrp/PhoneNum02076461007
ReturnHeader/PreparerPersonGrp/PreparationDt02023-05-03
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0JAMES M FOLEY
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02023-05-15T11:47:59-04:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0PETER
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0MASUCCI
ReturnHeader/TaxPeriodBeginDt02021-07-01
ReturnHeader/TaxPeriodEndDt02022-06-30
ReturnHeader/TaxYr02021

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