Civic Intelligence

Wayne County Public Library Foundation Inc

990 • Fiscal year 2021 • EIN 56-0530244

Jul 01, 2020 to Jun 30, 2021 • Filed on Sep 20, 2021

1001 East Ash StreetGoldsboro, NC 27530

(919) 581-3554

Siviq Scores

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

Liabilities / Assets

19th percentile

0.00x

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

2021 filings • NTEE B • $1M-$5M nonprofits • Source year 2021

Liabilities / Revenue

19th percentile

0.00x

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

2021 filings • NTEE B • $1M-$5M nonprofits • Source year 2021

Net Margin

97th percentile

88%

Higher net margin than 97% of similar nonprofits.

2021 filings • NTEE B • $1M-$5M nonprofits • Source year 2021

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.

2021 filings • NTEE B • $1M-$5M nonprofits • Source year 2021

Asset Growth

68th percentile

24%

Faster asset growth than 68% of similar nonprofits.

2021 filings • NTEE B • $1M-$5M nonprofits • Annualized from 2020 to 2021

Revenue Growth

98th percentile

902%

Faster revenue growth than 98% of similar nonprofits.

2021 filings • NTEE B • $1M-$5M nonprofits • Annualized from 2020 to 2021

Assets

Up

$2,260,321

Up $442,721 (+24%) from 2020

Net Assets

Up

$2,260,321

Up $442,721 (+24%) from 2020

Liabilities

Flat

$0

Flat from 2020

Revenue

Up

$505,117

Up $454,698 (+902%) from 2020

Expenses

Up

$62,396

Up $15,367 (+33%) from 2020

Net Income

Up

$442,721

Up $439,331 (+12960%) from 2020

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 2010: $1,591,982Liabilities 2010: $75,307Net Assets 2010: $1,516,6752010Assets 2011: $809,350Liabilities 2011: $0Net Assets 2011: $809,3502011Assets 2012: $682,528Liabilities 2012: $0Net Assets 2012: $682,5282012Assets 2013: $644,802Liabilities 2013: $0Net Assets 2013: $644,8022013Assets 2014: $702,638Liabilities 2014: $0Net Assets 2014: $702,6382014Assets 2015: $1,555,419Liabilities 2015: $0Net Assets 2015: $1,555,4192015Assets 2016: $1,588,135Liabilities 2016: $0Net Assets 2016: $1,588,1352016Assets 2017: $1,636,145Liabilities 2017: $0Net Assets 2017: $1,636,1452017Assets 2018: $1,684,778Liabilities 2018: $0Net Assets 2018: $1,684,7782018Assets 2019: $1,814,210Liabilities 2019: $0Net Assets 2019: $1,814,2102019Assets 2020: $1,817,600Liabilities 2020: $0Net Assets 2020: $1,817,6002020Assets 2021: $2,260,321Liabilities 2021: $0Net Assets 2021: $2,260,3212021Assets 2022: $1,991,504Liabilities 2022: $0Net Assets 2022: $1,991,5042022Assets 2023: $2,478,551Liabilities 2023: $0Net Assets 2023: $2,478,5512023Assets 2024: $2,590,442Liabilities 2024: $0Net Assets 2024: $2,590,4422024Assets 2025: $3,003,813Liabilities 2025: $0Net Assets 2025: $3,003,8132025

Highlighted filing

2021

Assets$2,260,321
Liabilities$0
Net Assets$2,260,321

Operations Trend

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

$2.0M$1.5M$1.0M$500K$0-$500KExpenses 2010: $1,879,2362010Revenue 2011: $236,552Expenses 2011: $25,321Net Income 2011: $211,2312011Expenses 2012: $227,3152012Expenses 2013: $97,6992013Revenue 2014: $110,323Expenses 2014: $96,849Net Income 2014: $13,4742014Revenue 2015: $958,606Expenses 2015: $116,988Net Income 2015: $841,6182015Revenue 2016: $71,883Expenses 2016: $72,751Net Income 2016: -$8682016Revenue 2017: $84,171Expenses 2017: $71,850Net Income 2017: $12,3212017Revenue 2018: $104,909Expenses 2018: $56,276Net Income 2018: $48,6332018Revenue 2019: $186,684Expenses 2019: $57,252Net Income 2019: $129,4322019Revenue 2020: $50,419Expenses 2020: $47,029Net Income 2020: $3,3902020Revenue 2021: $505,117Expenses 2021: $62,396Net Income 2021: $442,7212021Revenue 2022: $159,287Expenses 2022: $86,218Net Income 2022: $73,0692022Revenue 2023: $430,171Expenses 2023: $89,196Net Income 2023: $340,9752023Revenue 2024: $159,233Expenses 2024: $259,441Net Income 2024: -$100,2082024Revenue 2025: $396,487Expenses 2025: $200,916Net Income 2025: $195,5712025

Highlighted filing

2021

Revenue$505,117
Expenses$62,396
Net Income$442,721
Jump To
Filing Snapshot
Filing Period
Jul 1, 2020 to Jun 30, 2021
Signed
Sep 20, 2021
Return Version
2020v4.0
Gross Receipts
$505,117
Mission and Program Overview

Mission

Enrichment for library programming.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$1,723,869$2,098,087▲ $374,218
Savings and Temporary Cash Investments$93,472$162,202▲ $68,730
Accounts Receivable$259$32▼ $227
Total Assets$1,817,600$2,260,321▲ $442,721
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Net Assets With Donor Restrictions$1,723,870$2,096,929▲ $373,059
Net Assets Without Donor Restrictions$93,730$163,392▲ $69,662
Total Net Assets Fund Balance$1,817,600$2,260,321▲ $442,721
Total Liabilities and Net Assets / Fund Balance$1,817,600$2,260,321▲ $442,721
Compensation and Service Providers

Board Members and Trustees

NameTitle
Mary BartlettChair
Charles P GaylorTrustee
John WalstonTrustee
Leslie WeilTrustee
Lynn WilliamsTrustee
Donna PhillipsSecretary/tr
Revenue and Support

Revenue Composition

Contributions and Grants
$47,484
Program Service Revenue
$0
Investment Income
$450,862
Other Revenue
$6,771
All Other Contributions
$1,034
Change in Net Assets
$442,721
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$62,396
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Insurance$2,167--$2,167
Travel$1,200--$1,200
Other Expenses$1,100$17,025-$1,100
Fees for Services Accounting-$750-$750
Total Functional Expenses$44,621$17,775$0$62,396
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
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
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
Yes
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 form 990 is reviewed by the board chair and secretary/ treasurer. It is also e-mailed to other board members.

Form 990, Page 6, Part VI, Line 19

If requested the documents are available at the library. The form 990 is available on guidestar.org

Filing and Contact Details

Filer

Filer Name
Wayne County Public Library
EIN
56-0530244
Address
1001 EAST ASH STREET, GOLDSBORO, NC 27530

Signing Officer

Name
Mary Bartlett
Title
Chair
Signed
2021-09-20
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Mary Bartlett
Formed
1941
Legal Domicile
Nc
Voting Board Members
5
Independent Board Members
5
Employees
0
Volunteers
25

Preparer

Firm
Markham Mitchell & Stroud Pllc
Address
206-B MALLOY ST, GOLDSBORO, NC 27534
Preparer
Stephen P Mitchell
Phone
9197786974
Supplemental Narrative

Additional Explanations

Form 990, Page 2, Part III, Line 4D

COMMUNITY EDUCATION

Raw XML Appendix298 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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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE FORM 990 IS REVIEWED BY THE BOARD CHAIR AND SECRETARY/ TREASURER. IT IS ALSO E-MAILED TO OTHER BOARD MEMBERS.
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ReturnHeader/ReturnTypeCd0990
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0MARY
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0BARTLETT
ReturnHeader/TaxPeriodBeginDt02020-07-01
ReturnHeader/TaxPeriodEndDt02021-06-30
ReturnHeader/TaxYr02020

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$3.00$0.00$3.00$0.40$0.20$0.20
2024Detailed filing. Detailed filing data is available for this year.$2.59$0.00$2.59$0.16$0.26$0.10
2023Detailed filing. Detailed filing data is available for this year.$2.48$0.00$2.48$0.43$0.09$0.34
2022Detailed filing. Detailed filing data is available for this year.$1.99$0.00$1.99$0.16$0.09$0.07
2021Detailed filing. Detailed filing data is available for this year.$2.26$0.00$2.26$0.51$0.06$0.44
2020Detailed filing. Detailed filing data is available for this year.$1.82$0.00$1.82$0.05$0.05$0.00
2019Detailed filing. Detailed filing data is available for this year.$1.81$0.00$1.81$0.19$0.06$0.13
2018Detailed filing. Detailed filing data is available for this year.$1.68$0.00$1.68$0.10$0.06$0.05
2017Detailed filing. Detailed filing data is available for this year.$1.64$0.00$1.64$0.08$0.07$0.01
2016Detailed filing. Detailed filing data is available for this year.$1.59$0.00$1.59$0.07$0.07$0.00
2015Summary only. Only limited summary data is available for this year.$1.56$0.00$1.56$0.96$0.12$0.84
2014Detailed filing. Detailed filing data is available for this year.$0.70$0.00$0.70$0.11$0.10$0.01
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.64$0.00$0.64$0.10
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.68$0.00$0.68$0.23
2011Summary only. Only limited summary data is available for this year.$0.81$0.00$0.81$0.24$0.03$0.21
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.59$0.08$1.52$1.88