Civic Intelligence

Greensboro Public Library Foundation Inc.

990 • Fiscal year 2017 • EIN 56-2037761

Jul 01, 2016 to Jun 30, 2017 • Filed on Feb 16, 2018

PO Box 3178Greensboro, NC 27402-3178

(336) 373-4100

Siviq Scores

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

Liabilities / Assets

16th percentile

0.00x

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

2017 filings • NTEE N • $1M-$5M nonprofits • Source year 2017

Liabilities / Revenue

15th percentile

0.00x

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

2017 filings • NTEE N • $1M-$5M nonprofits • Source year 2017

Net Margin

3rd percentile

-73%

Higher net margin than 3% of similar nonprofits.

2017 filings • NTEE N • $1M-$5M nonprofits • Source year 2017

Top Officer Pay

51st percentile

$0

Higher top officer pay than 51% of similar nonprofits.

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

2017 filings • NTEE N • $1M-$5M nonprofits • Source year 2017

Asset Growth

24th percentile

-3.6%

Faster asset growth than 24% of similar nonprofits.

2017 filings • NTEE N • $1M-$5M nonprofits • Annualized from 2016 to 2017

Revenue Growth

11th percentile

-27%

Faster revenue growth than 11% of similar nonprofits.

2017 filings • NTEE N • $1M-$5M nonprofits • Annualized from 2016 to 2017

Assets

Down

$1,373,394

Down $51,790 (-3.6%) from 2016

Net Assets

Down

$1,373,394

Down $49,196 (-3.5%) from 2016

Liabilities

Down

$0

Down $2,594 (-100%) from 2016

Revenue

Down

$69,478

Down $25,168 (-27%) from 2016

Expenses

Up

$120,254

Up $12,745 (+12%) from 2016

Net Income

Down

-$50,776

Down $37,913 (-295%) from 2016

Historical Trend

Balance Sheet Trend

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

$1.5M$1.0M$500K$0Assets 2012: $1,356,131Liabilities 2012: $2,271Net Assets 2012: $1,353,8602012Assets 2013: $1,376,338Liabilities 2013: $2,745Net Assets 2013: $1,373,5932013Assets 2014: $1,467,202Liabilities 2014: $7,990Net Assets 2014: $1,459,2122014Assets 2015: $1,438,568Liabilities 2015: $2,252Net Assets 2015: $1,436,3162015Assets 2016: $1,425,184Liabilities 2016: $2,594Net Assets 2016: $1,422,5902016Assets 2017: $1,373,394Liabilities 2017: $0Net Assets 2017: $1,373,3942017Assets 2018: $1,330,033Liabilities 2018: $0Net Assets 2018: $1,330,0332018Assets 2019: $1,284,538Liabilities 2019: $0Net Assets 2019: $1,284,5382019Assets 2020: $1,301,900Liabilities 2020: $0Net Assets 2020: $1,301,9002020Assets 2021: $1,298,378Liabilities 2021: $0Net Assets 2021: $1,298,3782021Assets 2022: $1,246,509Liabilities 2022: $0Net Assets 2022: $1,246,5092022Assets 2023: $1,213,862Liabilities 2023: $0Net Assets 2023: $1,213,8622023Assets 2024: $1,261,229Liabilities 2024: $0Net Assets 2024: $1,261,2292024Assets 2025: $1,457,809Liabilities 2025: $0Net Assets 2025: $1,457,8092025

Highlighted filing

2017

Assets$1,373,394
Liabilities$0
Net Assets$1,373,394

Operations Trend

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

$600K$400K$200K$0-$200KRevenue 2012: $105,237Expenses 2012: $139,341Net Income 2012: -$34,1042012Revenue 2013: $144,742Expenses 2013: $126,143Net Income 2013: $18,5992013Revenue 2014: $447,192Expenses 2014: $363,339Net Income 2014: $83,8532014Revenue 2015: $114,636Expenses 2015: $137,407Net Income 2015: -$22,7712015Revenue 2016: $94,646Expenses 2016: $107,509Net Income 2016: -$12,8632016Revenue 2017: $69,478Expenses 2017: $120,254Net Income 2017: -$50,7762017Revenue 2018: $51,355Expenses 2018: $95,388Net Income 2018: -$44,0332018Revenue 2019: $57,619Expenses 2019: $103,167Net Income 2019: -$45,5482019Revenue 2020: $121,589Expenses 2020: $103,570Net Income 2020: $18,0192020Revenue 2021: $67,207Expenses 2021: $73,856Net Income 2021: -$6,6492021Revenue 2022: $63,057Expenses 2022: $112,587Net Income 2022: -$49,5302022Revenue 2023: $70,035Expenses 2023: $103,830Net Income 2023: -$33,7952023Revenue 2024: $181,734Expenses 2024: $135,549Net Income 2024: $46,1852024Revenue 2025: $286,387Expenses 2025: $105,806Net Income 2025: $180,5812025

Highlighted filing

2017

Revenue$69,478
Expenses$120,254
Net Income-$50,776
Jump To
Filing Snapshot
Filing Period
Jul 1, 2016 to Jun 30, 2017
Signed
Feb 16, 2018
Return Version
2016v3.0
Gross Receipts
$69,478
Mission and Program Overview

Mission

Solicit, provide and manage fundraising from non-governmental sources in order to provide financial assistance to the greensboro public library services and facilities.

Provide financial assistance to the greensboro public library services & facilities, greensboro, nc.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$1,378,764$1,353,671▼ $25,093
Prepaid Expenses and Deferred Charges$18,917--
Pledges and Grants Receivable$11,000$4,000▼ $7,000
Cash and Non-Interest-Bearing Accounts$4,557$2,291▼ $2,266
Total Assets$1,425,184$1,373,394▼ $51,790
Other Assets Total$11,946$13,432▲ $1,486
Liabilities
Accounts Payable and Accrued Expenses$2,594--
Total Liabilities$2,594$0▼ $2,594
Net Assets / Fund Balance
Temporarily Rstr Net Assets$946,483$955,211▲ $8,728
Unrestricted Net Assets$476,107$418,183▼ $57,924
Total Net Assets Fund Balance$1,422,590$1,373,394▼ $49,196
Total Liabilities and Net Assets / Fund Balance$1,425,184$1,373,394▼ $51,790
Compensation and Service Providers

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$61,132
Program Service Revenue
$0
Investment Income
$8,346
Other Revenue
$0
All Other Contributions
$61,132
Change in Net Assets
$-50,776

Audited Revenue Reconciliation

Revenue per Audited Statements
$69,478
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$1,580
Total Revenue per Audited Statements
$71,058
Total Revenue per Form 990
$69,478
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$120,254
Total Fundraising Expense$13,470
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Accounting-$11,760-$11,760
Other Expenses$2,744$3,000$13,470$3,000
All Other Expenses$694$948-$1,642
Insurance-$750-$750
Total Functional Expenses$88,318$18,466$13,470$120,254

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$120,254
Total Expenses per Audited Statements$120,254
Total Expenses per Form 990$120,254
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
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
No
Audit committee
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, Part VI, Section A, Line 2

Two board members are partners in the same law firm.

Form 990, Part VI, Section B, Line 11B

Treasurer and director who assists with accounting recordkeeping review the tax return prior to it being filed and the tax return is provided to each board member for their individual review.

Form 990, Part VI, Section B, Line 12C

A transaction involving a conflict of interest must be authorized and approved by a vote of a majority of the board of directors who have no direct or indirect interest in the transaction.

Form 990, Part VI, Section C, Line 19

Governing documents and financial statements are available to the public upon request.

Filing and Contact Details

Filer

Filer Name
Greensboro Public Library
EIN
56-2037761
Phone
3363734100
Address
PO BOX 3178, GREENSBORO, NC 27402-3178

Signing Officer

Name
Edward Winslow Iii
Title
Treasurer
Phone
3362880533
Signed
2018-02-16
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Edward Winslow Iii
Formed
1997
Legal Domicile
Nc
Voting Board Members
11
Independent Board Members
11
Employees
0
Volunteers
0

Preparer

Firm
Lba Haynes Strand Pllc
Address
PO BOX 10949, GREENSBORO, NC 27404
Preparer
Courtney S Ageon CPA
Phone
3362863204
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IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0786452
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt08346
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt018994
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt016182
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt021699
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt019021
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt084242
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt08346
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt018994
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt016182
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt021699
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt019021
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt084242
IRS990ScheduleA/InvestmentIncomeCYPct00.09680
IRS990ScheduleA/InvestmentIncomePYPct00.10630
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.44060
IRS990ScheduleA/PublicSupportPY509Pct00.44590
IRS990ScheduleA/PublicSupportTotal509Amt0383602
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearAmt020500
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus1YearAmt025500
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus2YearsAmt097000
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus3YearsAmt0181500
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus4YearsAmt078350
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt0402850
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt061132
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt075652
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt098454
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0425493
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0125721
IRS990ScheduleA/Total509Grp/TotalAmt0786452
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt069478
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt094646
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0114636
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0447192
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0144742
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0870694
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/ScheduleBRequiredInd01
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt0120254
IRS990ScheduleD/NetUnrealizedGainsInvstAmt01580
IRS990ScheduleD/RevenueNotReportedAmt01580
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt069478
IRS990ScheduleD/TotalBookValueLandBuildingsAmt00
IRS990ScheduleD/TotalExpensesPerForm990Amt0120254
IRS990ScheduleD/TotalRevenuePerForm990Amt069478
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt071058
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0120254
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0TWO BOARD MEMBERS ARE PARTNERS IN THE SAME LAW FIRM.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1TREASURER AND DIRECTOR WHO ASSISTS WITH ACCOUNTING RECORDKEEPING REVIEW THE TAX RETURN PRIOR TO IT BEING FILED AND THE TAX RETURN IS PROVIDED TO EACH BOARD MEMBER FOR THEIR INDIVIDUAL REVIEW.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2A TRANSACTION INVOLVING A CONFLICT OF INTEREST MUST BE AUTHORIZED AND APPROVED BY A VOTE OF A MAJORITY OF THE BOARD OF DIRECTORS WHO HAVE NO DIRECT OR INDIRECT INTEREST IN THE TRANSACTION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION C, LINE 19
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToProxyTaxInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TemporarilyRstrNetAssetsGrp/BOYAmt0946483
IRS990/TemporarilyRstrNetAssetsGrp/EOYAmt0955211
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt01425184
IRS990/TotalAssetsEOYAmt01373394
IRS990/TotalAssetsGrp/BOYAmt01425184
IRS990/TotalAssetsGrp/EOYAmt01373394
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt061132
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt013470
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt018466
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt088318
IRS990/TotalFunctionalExpensesGrp/TotalAmt0120254
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt02594
IRS990/TotalLiabilitiesEOYAmt00
IRS990/TotalLiabilitiesGrp/BOYAmt02594
IRS990/TotalLiabilitiesGrp/EOYAmt00
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt01422590
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt01373394
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt088318
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt08346
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt069478
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt01425184
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt01373394
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UnrestrictedNetAssetsGrp/BOYAmt0476107
IRS990/UnrestrictedNetAssetsGrp/EOYAmt0418183
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0PO BOX 3178
IRS990/USAddress/CityNm0GREENSBORO
IRS990/USAddress/StateAbbreviationCd0NC
IRS990/USAddress/ZIPCd027402
IRS990/VotingMembersGoverningBodyCnt011
IRS990/VotingMembersIndependentCnt011
IRS990/WebsiteAddressTxt0WWW.GREENSBOROLIBRARYFOUNDATION.ORG
IRS990/WhistleblowerPolicyInd01
ReturnHeader/BuildTS02018-03-14 21:41:22Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0EDWARD WINSLOW III
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0TREASURER
ReturnHeader/BusinessOfficerGrp/PhoneNum03362880533
ReturnHeader/BusinessOfficerGrp/SignatureDt02018-02-16

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$1.46$0.00$1.46$0.29$0.11$0.18
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.26$0.00$1.26$0.18$0.14$0.05
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.21$0.00$1.21$0.07$0.10$0.03
2022Detailed filing. Detailed filing data is available for this year.$1.25$0.00$1.25$0.06$0.11$0.05
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.30$0.00$1.30$0.07$0.07$0.01
2020Detailed filing. Detailed filing data is available for this year.$1.30$0.00$1.30$0.12$0.10$0.02
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.28$0.00$1.28$0.06$0.10$0.05
2018Detailed filing. Detailed filing data is available for this year.$1.33$0.00$1.33$0.05$0.10$0.04
2017Detailed filing. Detailed filing data is available for this year.$1.37$0.00$1.37$0.07$0.12$0.05
2016Detailed filing. Detailed filing data is available for this year.$1.43$0.00$1.42$0.09$0.11$0.01
2015XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.44$0.00$1.44$0.11$0.14$0.02
2014Detailed filing. Detailed filing data is available for this year.$1.47$0.01$1.46$0.45$0.36$0.08
2013Summary only. Only limited summary data is available for this year.$1.38$0.00$1.37$0.14$0.13$0.02
2012Summary only. Only limited summary data is available for this year.$1.36$0.00$1.35$0.11$0.14$0.03