Civic Intelligence

Lanier Library Association Inc

990 • Fiscal year 2014 • EIN 56-0582029

Jan 01, 2014 to Dec 31, 2014 • Filed on May 19, 2015

Organization ProfileWWW.LANIERLIB.ORG
72 Chestnut StreetTryon, NC 28782

(828) 859-9535

Siviq Scores

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

Liabilities / Assets

18th percentile

0.00x

Higher debt load relative to assets than 18% of similar nonprofits.

2014 filings • NTEE B • $1M-$5M nonprofits • Source year 2014

Liabilities / Revenue

30th percentile

0.02x

Higher debt load relative to revenue than 30% of similar nonprofits.

2014 filings • NTEE B • $1M-$5M nonprofits • Source year 2014

Net Margin

4th percentile

-55%

Higher net margin than 4% of similar nonprofits.

2014 filings • NTEE B • $1M-$5M nonprofits • Source year 2014

Top Officer Pay

31st percentile

$0

Higher top officer pay than 31% of similar nonprofits.

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

2014 filings • NTEE B • $1M-$5M nonprofits • Source year 2014

Asset Growth

45th percentile

2.4%

Faster asset growth than 45% of similar nonprofits.

2014 filings • NTEE B • $1M-$5M nonprofits • Annualized from 2013 to 2014

Revenue Growth

2nd percentile

-71%

Faster revenue growth than 2% of similar nonprofits.

2014 filings • NTEE B • $1M-$5M nonprofits • Annualized from 2013 to 2014

Balance Sheet
Liabilities / Assets18th percentile

Assets

Up

$2,302,906

Up $54,760 (+2.4%) from 2013

Net Assets

Up

$2,301,136

Up $54,584 (+2.4%) from 2013

Liabilities

Up

$1,770

Up $176 (+11%) from 2013

Revenue And Expenses
Liabilities / Revenue30th percentileNet Margin4th percentile

Revenue

Down

$85,128

Down $203,694 (-71%) from 2013

Expenses

Down

$131,674

Down $12,097 (-8.4%) from 2013

Net Income

Down

-$46,546

Down $191,597 (-132%) from 2013

Historical Trend

Balance Sheet Trend

Asset Growth45th percentile

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

$6.0M$4.0M$2.0M$0Assets 2010: $1,597,773Liabilities 2010: $1,699Net Assets 2010: $1,596,0742010Assets 2011: $1,610,421Liabilities 2011: $1,779Net Assets 2011: $1,608,6422011Assets 2012: $1,798,074Liabilities 2012: $1,858Net Assets 2012: $1,796,2162012Assets 2013: $2,248,146Liabilities 2013: $1,594Net Assets 2013: $2,246,5522013Assets 2014: $2,302,906Liabilities 2014: $1,770Net Assets 2014: $2,301,1362014Assets 2015: $2,166,177Liabilities 2015: $1,470Net Assets 2015: $2,164,7072015Assets 2016: $2,183,831Liabilities 2016: $2,587Net Assets 2016: $2,181,2442016Assets 2017: $2,438,976Liabilities 2017: $1,414Net Assets 2017: $2,437,5622017Assets 2018: $2,235,501Liabilities 2018: $12Net Assets 2018: $2,235,4892018Assets 2019: $2,650,077Liabilities 2019: $1,557Net Assets 2019: $2,648,5202019Assets 2020: $2,936,993Liabilities 2020: $1,982Net Assets 2020: $2,935,0112020Assets 2021: $3,450,896Liabilities 2021: $10,624Net Assets 2021: $3,440,2722021Assets 2022: $3,409,748Liabilities 2022: $13,061Net Assets 2022: $3,396,6872022Assets 2023: $3,802,329Liabilities 2023: $13,537Net Assets 2023: $3,788,7922023Assets 2024: $4,395,414Liabilities 2024: $11,188Net Assets 2024: $4,384,2262024

Highlighted filing

2014

Assets$2,302,906
Liabilities$1,770
Net Assets$2,301,136
Open 2014 Filing

Operations Trend

Revenue Growth2nd percentile

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

$1.5M$1.0M$500K$0-$500KExpenses 2010: $143,4412010Expenses 2011: $131,3672011Expenses 2012: $144,1982012Revenue 2013: $288,822Expenses 2013: $143,771Net Income 2013: $145,0512013Revenue 2014: $85,128Expenses 2014: $131,674Net Income 2014: -$46,5462014Revenue 2015: $86,494Expenses 2015: $176,113Net Income 2015: -$89,6192015Revenue 2016: $103,583Expenses 2016: $176,017Net Income 2016: -$72,4342016Revenue 2017: $204,774Expenses 2017: $181,641Net Income 2017: $23,1332017Revenue 2018: $177,121Expenses 2018: $157,868Net Income 2018: $19,2532018Revenue 2019: $205,217Expenses 2019: $198,232Net Income 2019: $6,9852019Revenue 2020: $215,943Expenses 2020: $197,125Net Income 2020: $18,8182020Revenue 2021: $1,417,212Expenses 2021: $199,061Net Income 2021: $1,218,1512021Revenue 2022: $403,514Expenses 2022: $251,777Net Income 2022: $151,7372022Revenue 2023: $300,728Expenses 2023: $278,777Net Income 2023: $21,9512023Revenue 2024: $620,545Expenses 2024: $255,705Net Income 2024: $364,8402024

Highlighted filing

2014

Revenue$85,128
Expenses$131,674
Net Income-$46,546
Open 2014 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2014 to Dec 31, 2014
Signed
May 19, 2015
Return Version
2014v5.0
Gross Receipts
$98,907
Mission and Program Overview

Mission

To promote literacy and social interests; to maintain a library; and to encourage civic and educational welfare in the community.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$1,996,983$2,055,724▲ $58,741
Land, Buildings, and Equipment, Net$156,150$156,150→ $0
Cash and Non-Interest-Bearing Accounts$26,013$22,032▼ $3,981
Total Assets$2,248,146$2,302,906▲ $54,760
Other Assets Total$69,000$69,000→ $0
Liabilities
Accounts Payable and Accrued Expenses$1,594$1,770▲ $176
Total Liabilities$1,594$1,770▲ $176
Net Assets / Fund Balance
Unrestricted Net Assets$2,039,280$2,097,448▲ $58,168
Permanently Rstr Net Assets$143,884$143,884→ $0
Temporarily Rstr Net Assets$63,388$59,804▼ $3,584
Total Net Assets Fund Balance$2,246,552$2,301,136▲ $54,584
Total Liabilities and Net Assets / Fund Balance$2,248,146$2,302,906▲ $54,760

Asset Categories

AssetBook ValueDepreciationBasis
Buildings-$625,000$625,000
Other Land Buildings-$508,280$508,280
Land$156,150-$156,150
Leasehold Improvements-$103,500$103,500
Equipment-$26,592$26,592

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2014$1,996,982-▲ $148,033$87,800$2,055,724
2013$1,652,958$192,109▲ $257,104$105,189$1,996,982
2012$1,466,489$187,204▲ $143,463$141,208$1,652,958
2011$1,582,396-▼ $15,907$100,000$1,466,489
2010$1,489,660-▲ $193,751$101,015$1,582,396
Compensation and Service Providers
Top Officer Pay31st percentile

Board Members and Trustees

NameTitle
Sally McphersonPresident
Vonda KrahnAdminstrator
Ron PankeyDisplay Case
John DiekmanHouse and Grounds
Alan SmithMedia Selection
Julia ThrefellMembership
Gloria UnderwoodPrograms
Gina Malone-amatoPublicity
Shelvie FoustSecretary
Marla CassidaSpecial Events
Ken YeagerTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$42,034
Program Service Revenue
$2,154
Investment Income
$48,487
Other Revenue
$-7,547
All Other Contributions
$15,976
Change in Net Assets
$-46,546
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$77,612
Other Expenses$54,062
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$47,696$24,284-$71,980
Occupancy$9,151--$9,151
All Other Expenses$6,961--$6,961
Payroll Taxes$3,717$1,915-$5,632
Fees for Services Accounting-$3,600-$3,600
Insurance$2,507$1,073-$3,580
Advertising$3,080--$3,080
Office Expenses$2,302--$2,302
Information Technology$1,259--$1,259
Other Expenses$306$3,501-$306
Total Functional Expenses$97,301$34,373$0$131,674
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$13,779
Fundraising Gross Income$5,110
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Poetry Fest$18,418$18,418$13,779$4,639
Total Events$18,418$18,418$13,779$4,639
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Backup withholding compliance
Yes
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
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Members or stockholder classes and rights Part VI line 6

“The library association has dues-paying members.”

Member election for additional members Part VI line 7A

“Directors are elected at the march meeting.”

Form 990 governing body review Part VI line 11

“The tax return is reviewed by the treasurer prior to filing.”

CEO executive director top management comp Part VI line 15A

“The board of directors analyze and approve the salaries of all employees.”

Other officer or key employee compensation Part VI line 15B

“Salaries for all employees are reviewed and approved by the board of directors.”

Form 990 availability to public Part VI line 18

“Form 990 is available to the public upon request to the association.”

Governing documents etc available to public Part VI line 19

“All documentation is available to the public upon request.”

Filing and Contact Details

Filer

Filer Name
Lanier Library Association Inc
EIN
56-0582029
Address
72 CHESTNUT STREET, TRYON, NC 28782

Signing Officer

Name
Ken Yeager
Title
Treasurer
Phone
8288599535
Signed
2015-05-19
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Ken Yeager
Formed
1881
Legal Domicile
Nc
Voting Board Members
10
Independent Board Members
10
Employees
8

Preparer

Firm
L Blake Smyth CPA Pllc
Address
84 Pacolet Street, Tryon, NC 28782
Preparer
Lewis Blake Smyth
Phone
8288592264
Supplemental Narrative

Additional Explanations

Explanation of other changes in net assets or fund balances Part XI line 9

“.. 293,675 net change in market value of investment portfolio... 11,610 vanguard investments adjustment to book value of portfolio.... 305,285 net other changes/increases in net assets for year ending 12.31.2013”

List of other expenses Part IX line 24E

“Misc gift and memorial expenses $722miscellaneous $315hospitality $340programs $192sales tax paid on purchases $655poetry competition expenses $3,191sales tax remitted to dor $55investment expense $1,491fundraising expenses $13,609”

Financial Statement Notes

Collections descriptions (Part III, line 4)

“The library's collection of art includes paintings, sculptures and pottery. These are exhibited in various places in the library and at times are used to accent collections on loan from local residents.”

Endowment funds intended uses (Part V, line 4)

“Income from the endowment funds is used for maintenance of the grounds and general operating expenses.”

Raw XML AppendixShowing 400 of 469 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
IRS990/AccountantCompileOrReviewInd0false
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt01594
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt01770
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0TO PROMOTE LITERACY AND SOCIAL INTERESTS; TO MAINTAIN A LIBRARY; AND TO ENCOURAGE CIVIC AND EDUCATIONAL WELFARE IN THE COMMUNITY.
IRS990/AdvertisingGrp/ProgramServicesAmt03080
IRS990/AdvertisingGrp/TotalAmt03080
IRS990/AllOtherContributionsAmt015976
IRS990/AllOtherExpensesGrp/ProgramServicesAmt06961
IRS990/AllOtherExpensesGrp/TotalAmt06961
IRS990/BackupWthldComplianceInd0true
IRS990/BooksInCareOfDetail/PersonNm0VONDA KRAHN
IRS990/BooksInCareOfDetail/PhoneNum08288599535
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt072 CHESTNUT STREET
IRS990/BooksInCareOfDetail/USAddress/CityNm0TRYON
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0NC
IRS990/BooksInCareOfDetail/USAddress/ZIPCd028782
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOfficerEntInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CashNonInterestBearingGrp/BOYAmt026013
IRS990/CashNonInterestBearingGrp/EOYAmt022032
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CollectionsOfArtInd0true
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0true
IRS990/CompensationProcessOtherInd0true
IRS990/ConflictOfInterestPolicyInd0false
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/ContriRptFundraisingEventAmt013308
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt042034
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt048487
IRS990/CYOtherExpensesAmt054062
IRS990/CYOtherRevenueAmt0-7547
IRS990/CYProgramServiceRevenueAmt02154
IRS990/CYRevenuesLessExpensesAmt0-46546
IRS990/CYSalariesCompEmpBnftPaidAmt077612
IRS990/CYTotalExpensesAmt0131674
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt085128
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/Desc0PROVIDED MEMBERS AND THE COMMUNITY ACCESS TO OVER 25,000 PRINT BOOKS, OVER 1900 NON-PRINT ITEMS AND OVER 60 PERIODICALS AS WELL AS THREE COMPUTER TERMINALS FOR MEMBERS USE. SPONSORED MONTHLY PROGRAMS OF INTEREST TO THE MEMBERSHIP AND THE PUBLIC. CONDUCTED USED BOOK SALES IN SPRING AND FALL.
IRS990/DescribedInSection501c3Ind0true
IRS990/DisregardedEntityInd0false
IRS990/DocumentRetentionPolicyInd0false
IRS990/DonorAdvisedFundInd0false
IRS990/ElectionOfBoardMembersInd0true
IRS990/EmployeeCnt08
IRS990/EmploymentTaxReturnsFiledInd0true
IRS990/EngagedInExcessBenefitTransInd0false
IRS990/ExpenseAmt097301
IRS990/FamilyOrBusinessRlnInd0false
IRS990/FederalGrantAuditRequiredInd0false
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt03600
IRS990/FeesForServicesAccountingGrp/TotalAmt03600
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignOfficeInd0false
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt00.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt10.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt20.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt30.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt40.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt50.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt60.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt70.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt80.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt90.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt100.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt01.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt11.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt21.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt31.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt41.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt51.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt61.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt71.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt81.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt91.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt1024.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd7X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd8X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd9X
IRS990/Form990PartVIISectionAGrp/KeyEmployeeInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt70
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt80
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt90
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt100
IRS990/Form990PartVIISectionAGrp/PersonNm0KEN YEAGER
IRS990/Form990PartVIISectionAGrp/PersonNm1ALAN SMITH
IRS990/Form990PartVIISectionAGrp/PersonNm2RON PANKEY
IRS990/Form990PartVIISectionAGrp/PersonNm3JOHN DIEKMAN
IRS990/Form990PartVIISectionAGrp/PersonNm4GINA MALONE-AMATO
IRS990/Form990PartVIISectionAGrp/PersonNm5SALLY MCPHERSON
IRS990/Form990PartVIISectionAGrp/PersonNm6SHELVIE FOUST
IRS990/Form990PartVIISectionAGrp/PersonNm7MARLA CASSIDA
IRS990/Form990PartVIISectionAGrp/PersonNm8JULIA THREFELL
IRS990/Form990PartVIISectionAGrp/PersonNm9GLORIA UNDERWOOD
IRS990/Form990PartVIISectionAGrp/PersonNm10VONDA KRAHN
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt100
IRS990/Form990PartVIISectionAGrp/TitleTxt0TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt1MEDIA SELECTION
IRS990/Form990PartVIISectionAGrp/TitleTxt2DISPLAY CASE
IRS990/Form990PartVIISectionAGrp/TitleTxt3HOUSE AND GROUNDS
IRS990/Form990PartVIISectionAGrp/TitleTxt4PUBLICITY
IRS990/Form990PartVIISectionAGrp/TitleTxt5PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt6SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt7SPECIAL EVENTS
IRS990/Form990PartVIISectionAGrp/TitleTxt8MEMBERSHIP
IRS990/Form990PartVIISectionAGrp/TitleTxt9PROGRAMS
IRS990/Form990PartVIISectionAGrp/TitleTxt10ADMINSTRATOR
IRS990/Form990ProvidedToGvrnBodyInd0true
IRS990/FormationYr01881
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedInd0false
IRS990/FundraisingActivitiesInd0true
IRS990/FundraisingAmt013308
IRS990/FundraisingDirectExpensesAmt013779
IRS990/FundraisingGrossIncomeAmt05110
IRS990/GainOrLossGrp/OtherAmt01585
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt010
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossAmountSalesAssetsGrp/OtherAmt01585
IRS990/GrossReceiptsAmt098907
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IndependentAuditFinclStmtInd0false
IRS990/IndependentVotingMemberCnt010
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartIXInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InformationTechnologyGrp/ProgramServicesAmt01259
IRS990/InformationTechnologyGrp/TotalAmt01259
IRS990/InsuranceGrp/ManagementAndGeneralAmt01073
IRS990/InsuranceGrp/ProgramServicesAmt02507
IRS990/InsuranceGrp/TotalAmt03580
IRS990/InvestmentIncomeGrp/RelatedOrExemptFuncIncomeAmt046902
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt046902
IRS990/InvestmentInJointVentureInd0false
IRS990/InvestmentsPubTradedSecGrp/BOYAmt01996983
IRS990/InvestmentsPubTradedSecGrp/EOYAmt02055724
IRS990/IRPDocumentCnt011
IRS990/IRPDocumentW2GCnt00
IRS990/JointCostsInd0X
IRS990/LandBldgEquipAccumDeprecAmt01263372
IRS990/LandBldgEquipBasisNetGrp/BOYAmt0156150
IRS990/LandBldgEquipBasisNetGrp/EOYAmt0156150
IRS990/LandBldgEquipCostOrOtherBssAmt01419522
IRS990/LegalDomicileStateCd0NC
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembershipDuesAmt012750
IRS990/MembersOrStockholdersInd0true
IRS990/MethodOfAccountingCashInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0TO PROMOTE LITERACY AND SOCIAL INTERESTS; TO MAINTAIN A LIBRARY; AND TO ENCOURAGE CIVIC AND EDUCATIONAL WELFARE IN THE COMMUNITY.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt02246552
IRS990/NetAssetsOrFundBalancesEOYAmt02301136
IRS990/NetGainOrLossInvestmentsGrp/RelatedOrExemptFuncIncomeAmt01585
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt01585
IRS990/NetIncmFromFundraisingEvtGrp/ExclusionAmt0-8669
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt0-8669
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt0101130
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/ProgramServicesAmt09151
IRS990/OccupancyGrp/TotalAmt09151
IRS990/OfficeExpensesGrp/ProgramServicesAmt02302
IRS990/OfficeExpensesGrp/TotalAmt02302
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt069000
IRS990/OtherAssetsTotalGrp/EOYAmt069000
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherExpensesGrp/Desc0HOUSE AND GROUNDS
IRS990/OtherExpensesGrp/Desc1MEDIA
IRS990/OtherExpensesGrp/Desc2MISC KIRBY FUND EXPENSES
IRS990/OtherExpensesGrp/Desc3PERIODICALS
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt03501
IRS990/OtherExpensesGrp/ProgramServicesAmt07529
IRS990/OtherExpensesGrp/ProgramServicesAmt110201
IRS990/OtherExpensesGrp/ProgramServicesAmt22592
IRS990/OtherExpensesGrp/ProgramServicesAmt3306
IRS990/OtherExpensesGrp/TotalAmt011030
IRS990/OtherExpensesGrp/TotalAmt110201
IRS990/OtherExpensesGrp/TotalAmt22592
IRS990/OtherExpensesGrp/TotalAmt3306
IRS990/OtherRevenueMiscGrp/BusinessCd0900099
IRS990/OtherRevenueMiscGrp/BusinessCd1900099
IRS990/OtherRevenueMiscGrp/Desc0DESK FUNDS LATE FINES
IRS990/OtherRevenueMiscGrp/Desc1NC SALES TAX REFUNDS
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt0425
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt1697
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt0425
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt1697
IRS990/OtherRevenueTotalAmt01122
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt024284
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt047696
IRS990/OtherSalariesAndWagesGrp/TotalAmt071980
IRS990/PartialLiquidationInd0false
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt01915
IRS990/PayrollTaxesGrp/ProgramServicesAmt03717
IRS990/PayrollTaxesGrp/TotalAmt05632
IRS990/PermanentlyRstrNetAssetsGrp/BOYAmt0143884
IRS990/PermanentlyRstrNetAssetsGrp/EOYAmt0143884
IRS990/PoliticalCampaignActyInd0false
IRS990/PrincipalOfficerNm0KEN YEAGER
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0900099
IRS990/ProgramServiceRevenueGrp/Desc0POETRY COMPETITION
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt02154
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt02154
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0226866
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt059828
IRS990/PYOtherExpensesAmt066569
IRS990/PYOtherRevenueAmt0733
IRS990/PYProgramServiceRevenueAmt01395
IRS990/PYRevenuesLessExpensesAmt0145051
IRS990/PYSalariesCompEmpBnftPaidAmt077202
IRS990/PYTotalExpensesAmt0143771
IRS990/PYTotalRevenueAmt0288822
IRS990/ReconcilationRevenueExpnssAmt0-46546
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt049428
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt038031
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0186364
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt036090
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt033725
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0343638
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt046902
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt057970
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt061258
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt041056
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt042040
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt0249226
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt05451
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearAmt0697
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus1YearAmt0312
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus2YearsAmt0840
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus3YearsAmt02045
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus4YearsAmt0110
IRS990ScheduleA/OtherIncome170Grp/TotalAmt04004
IRS990ScheduleA/PrivateFoundation170Ind0X
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.27390
IRS990ScheduleA/PublicSupportPY170Pct00.25000
IRS990ScheduleA/PublicSupportTotal170Amt0163466
IRS990ScheduleA/SubstantialContributorsTotAmt0180172
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt049428
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt038031
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0186364
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt036090
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt033725
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0343638
IRS990ScheduleA/TotalSupportAmt0596868
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/BoardDesignatedBalanceEOYPct00.93000
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0625000
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt0625000
IRS990ScheduleD/CollectionUsedPubExhibitionInd0X
IRS990ScheduleD/CYEndwmtFundGrp/AdministrativeExpensesAmt01491
IRS990ScheduleD/CYEndwmtFundGrp/BeginningYearBalanceAmt01996982
IRS990ScheduleD/CYEndwmtFundGrp/EndYearBalanceAmt02055724
IRS990ScheduleD/CYEndwmtFundGrp/InvestmentEarningsOrLossesAmt0148033
IRS990ScheduleD/CYEndwmtFundGrp/OtherExpendituresAmt087800
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/BeginningYearBalanceAmt01652958
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/ContributionsAmt0192109
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/EndYearBalanceAmt01996982
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0257104
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/OtherExpendituresAmt0105189
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/AdministrativeExpensesAmt02990
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/BeginningYearBalanceAmt01466489
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/ContributionsAmt0187204
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/EndYearBalanceAmt01652958
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0143463
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/OtherExpendituresAmt0141208
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/BeginningYearBalanceAmt01582396
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/EndYearBalanceAmt01466489
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0-15907
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/OtherExpendituresAmt0100000
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/BeginningYearBalanceAmt01489660
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/EndYearBalanceAmt01582396
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0193751
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/OtherExpendituresAmt0101015
IRS990ScheduleD/EndowmentsHeldRelatedOrgInd0false
IRS990ScheduleD/EndowmentsHeldUnrelatedOrgInd0false
IRS990ScheduleD/EquipmentGrp/DepreciationAmt026592
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt026592
IRS990ScheduleD/LandGrp/BookValueAmt0156150
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0156150
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt0103500
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt0103500
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt0508280
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt0508280
IRS990ScheduleD/PrmnntEndowmentBalanceEOYPct00.07000
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE LIBRARY'S COLLECTION OF ART INCLUDES PAINTINGS, SCULPTURES AND POTTERY. THESE ARE EXHIBITED IN VARIOUS PLACES IN THE LIBRARY AND AT TIMES ARE USED TO ACCENT COLLECTIONS ON LOAN FROM LOCAL RESIDENTS.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1INCOME FROM THE ENDOWMENT FUNDS IS USED FOR MAINTENANCE OF THE GROUNDS AND GENERAL OPERATING EXPENSES.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Collections descriptions (Part III, line 4)
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1Endowment funds intended uses (Part V, line 4)
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0156150
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt013779
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0POETRY FEST
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt018418
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt018418
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt018418
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt018418
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt04639
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt013779
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt013779
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE LIBRARY ASSOCIATION HAS DUES-PAYING MEMBERS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1DIRECTORS ARE ELECTED AT THE MARCH MEETING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE TAX RETURN IS REVIEWED BY THE TREASURER PRIOR TO FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE BOARD OF DIRECTORS ANALYZE AND APPROVE THE SALARIES OF ALL EMPLOYEES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4SALARIES FOR ALL EMPLOYEES ARE REVIEWED AND APPROVED BY THE BOARD OF DIRECTORS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5FORM 990 IS AVAILABLE TO THE PUBLIC UPON REQUEST TO THE ASSOCIATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6ALL DOCUMENTATION IS AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7.. 293,675 NET CHANGE IN MARKET VALUE OF INVESTMENT PORTFOLIO... 11,610 VANGUARD INVESTMENTS ADJUSTMENT TO BOOK VALUE OF PORTFOLIO.... 305,285 NET OTHER CHANGES/INCREASES IN NET ASSETS FOR YEAR ENDING 12.31.2013
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8MISC GIFT AND MEMORIAL EXPENSES $722MISCELLANEOUS $315HOSPITALITY $340PROGRAMS $192SALES TAX PAID ON PURCHASES $655POETRY COMPETITION EXPENSES $3,191SALES TAX REMITTED TO DOR $55INVESTMENT EXPENSE $1,491FUNDRAISING EXPENSES $13,609
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Members or stockholder classes and rights Part VI line 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Member election for additional members Part VI line 7a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990 governing body review Part VI line 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3CEO executive director top management comp Part VI line 15a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Other officer or key employee compensation Part VI line 15b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Form 990 availability to public Part VI line 18
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Governing documents etc available to public Part VI line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7Explanation of other changes in net assets or fund balances Part XI line 9
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8List of other expenses Part IX line 24e
IRS990/SchoolOperatingInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TemporarilyRstrNetAssetsGrp/BOYAmt063388
IRS990/TemporarilyRstrNetAssetsGrp/EOYAmt059804

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

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

Open filing
Assets
$2,302,906
Liabilities
$1,770
Net assets
$2,301,136
Revenue
$85,128
Expenses
$131,674
Net income
-$46,546
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.40$0.01$4.38$0.62$0.26$0.36
2023Detailed filing. Detailed filing data is available for this year.$3.80$0.01$3.79$0.30$0.28$0.02
2022Detailed filing. Detailed filing data is available for this year.$3.41$0.01$3.40$0.40$0.25$0.15
2021Detailed filing. Detailed filing data is available for this year.$3.45$0.01$3.44$1.42$0.20$1.22
2020Detailed filing. Detailed filing data is available for this year.$2.94$0.00$2.94$0.22$0.20$0.02
2019Detailed filing. Detailed filing data is available for this year.$2.65$0.00$2.65$0.21$0.20$0.01
2018Detailed filing. Detailed filing data is available for this year.$2.24$0.00$2.24$0.18$0.16$0.02
2017Detailed filing. Detailed filing data is available for this year.$2.44$0.00$2.44$0.20$0.18$0.02
2016Detailed filing. Detailed filing data is available for this year.$2.18$0.00$2.18$0.10$0.18$0.07
2015Detailed filing. Detailed filing data is available for this year.$2.17$0.00$2.16$0.09$0.18$0.09
2014Detailed filing. Detailed filing data is available for this year.$2.30$0.00$2.30$0.09$0.13$0.05
2013Detailed filing. Detailed filing data is available for this year.$2.25$0.00$2.25$0.29$0.14$0.15
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.80$0.00$1.80$0.14
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.61$0.00$1.61$0.13
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.60$0.00$1.60$0.14