Davidson County Library Foundation Inc.

990EZ • Fiscal year 2019 • EIN 58-1539146

Jul 01, 2018 to Jun 30, 2019 • Filed on Nov 11, 2019

Organization Profile

602 South Main StreetLexington, NC 27292

(336) 242-2040

Siviq Scores

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

0.00x

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

2019 filings • NTEE B • <$500k nonprofits • Source year 2019

0.00x

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

2019 filings • NTEE B • <$500k nonprofits • Source year 2019

-33%

Higher net margin than 13% of similar nonprofits.

2019 filings • NTEE B • <$500k nonprofits • Source year 2019

Higher top officer pay than 84% of similar nonprofits.

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

2019 filings • NTEE B • <$500k nonprofits • Source year 2019

-3.6%

Faster asset growth than 35% of similar nonprofits.

2019 filings • NTEE B • <$500k nonprofits • Annualized from 2018 to 2019

-15%

Faster revenue growth than 29% of similar nonprofits.

2019 filings • NTEE B • <$500k nonprofits • Annualized from 2018 to 2019

Balance Sheet

Liabilities / Assets66th percentile

Assets

Down

$278,289

Down $10,295 (-3.6%) from 2018

Net Assets

Down

$278,289

Down $10,295 (-3.6%) from 2018

Liabilities

Flat

Flat from 2018

Revenue And Expenses

Liabilities / Revenue65th percentile Net Margin13th percentile

Revenue

Down

$31,589

Down $5,632 (-15%) from 2018

Expenses

$41,884

Up $9,065 (+28%) from 2018

Net Income

Down

-$10,295

Down $14,697 (-334%) from 2018

Historical Trend

Balance Sheet Trend

Asset Growth35th percentile

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

Highlighted filing

2019

Assets$278,289

Liabilities$0

Net Assets$278,289

Open 2019 Filing

Operations Trend

Revenue Growth29th percentile

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

Highlighted filing

2019

Revenue$31,589

Expenses$41,884

Net Income-$10,295

Open 2019 Filing

Jump To

Filing Snapshot

Filing Period: Jul 1, 2018 to Jun 30, 2019
Signed: Nov 11, 2019
Return Version: 2018v3.1
Gross Receipts: $31,589

Mission and Program Overview

Mission

Raises money for library improvement

Program Services

Description	Grants	Expenses
THE DAVIDSON COUNTY LIBRARY FOUNDATION RAISES MONEY FOR THE IMPROVEMENT OF THE PUBLIC LIBRARIES IN DAVIDSON COUNTY	-	$41,884

Compensation and Service Providers

Top Officer Pay84th percentile

Employees

Name	Title	Full / Part Time	Base	Other	Total
JAMES E HONEYCUTT	Chairman	-	$0	-	-
CHARLES ROMINE	Vice Chairman	-	$0	-	-
RUTH SWICEGOOD	Secretary	-	$0	-	-
RUTH SWICEGOOD	Treasurer	-	$0	-	-

Filing and Contact Details

Filer

Filer Name: Davidson County Library Foundation Inc
EIN: 58-1539146
Address: 602 SOUTH MAIN STREET, Lexington, NC 27292

Signing Officer

Name: James Honeycutt
Title: Chairman
Signed: 2019-11-11
Discuss with paid preparer: Yes

Preparer

Firm: Goins CPA Pllc
Address: 102-A West First Avenue, Lexington, NC 27292
Preparer: Jeffrey Goins
Phone: 3362492176

Supplemental Narrative

Additional Explanations

Description of other expenses Part I line 16

“Description AmountProgram-Books,reference materials 1,214Program-Equipment and furniture 4,872Program-Membership Dues 423Program-Museum repairs 84Program-Library Supplies 3,113Program-Exhibits,events,honorariums 4,699Program-Tax 25Program-VITA Program Assistance 10,250Program-Fundraiser Expense 574Program-Equipment Repairs 1,089Program-Donation 845Program-BookMobile Supplies 10,866Support-Office expense, supplies 300Support-Professional Fees 3,450Support-Bank Fees 80”

Raw XML Appendix160 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/TitleTxt	1	VICE CHAIRMAN
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt	3	TREASURER
IRS990EZ/OperateHospitalInd	0	false
IRS990EZ/Organization501c3Ind	0	X
IRS990EZ/OrganizationDissolvedEtcInd	0	false
IRS990EZ/OrganizationHadUBIInd	0	false
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IRS990EZ/OtherAssetsTotalDetail/EOYAmt	0	0
IRS990EZ/OtherExpensesTotalAmt	0	41884
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt	0	NONE
IRS990EZ/PoliticalCampaignActyInd	0	false
IRS990EZ/PrimaryExemptPurposeTxt	0	RAISES MONEY FOR LIBRARY IMPROVEMENT
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IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt	0	41884
IRS990EZ/ProhibitedTaxShelterTransInd	0	false
IRS990EZ/RelatedOrganizationCtrlEntInd	0	false
IRS990EZ/ScheduleBNotRequiredInd	0	X
IRS990EZ/SchoolOperatingInd	0	false
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IRS990EZ/TotalRevenueAmt	0	31589
IRS990EZ/TransactionWithControlEntInd	0	false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd	0	false
IRS990EZ/TypeOfOrganizationCorpInd	0	X
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt	0	20222
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt	0	33946
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt	0	30136
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt	0	26979
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt	0	113633
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt	0	224916
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt	0	675
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt	0	675
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt	0	127
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt	0	86
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt	0	165
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt	0	1728
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt	0	10692
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt	0	2600
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt	0	5863
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IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt	0	6012
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt	0	30489
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt	0	675
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IRS990ScheduleA/InvestmentIncomeCYPct	0	0.01000
IRS990ScheduleA/InvestmentIncomePYPct	0	0.00000
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IRS990ScheduleA/PublicSupportCY509Pct	0	0.99330
IRS990ScheduleA/PublicSupportPY509Pct	0	0.99540
IRS990ScheduleA/PublicSupportTotal509Amt	0	255405
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IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt	0	30914
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt	0	Description AmountProgram-Books,reference materials 1,214Program-Equipment and furniture 4,872Program-Membership Dues 423Program-Museum repairs 84Program-Library Supplies 3,113Program-Exhibits,events,honorariums 4,699Program-Tax 25Program-VITA Program Assistance 10,250Program-Fundraiser Expense 574Program-Equipment Repairs 1,089Program-Donation 845Program-BookMobile Supplies 10,866Support-Office expense, supplies 300Support-Professional Fees 3,450Support-Bank Fees 80
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ReturnHeader/BuildTS	0	2020-03-31 21:24:44Z
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ReturnHeader/PreparerPersonGrp/PreparerPersonNm	0	Jeffrey Goins
ReturnHeader/ReturnTs	0	2019-11-14T11:05:09-05:00
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ReturnHeader/TaxPeriodEndDt	0	2019-06-30
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Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2019 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing

Assets: $278,289
Liabilities: $0
Net assets: $278,289
Revenue: $31,589
Expenses: $41,884
Net income: -$10,295

	Balance Sheet			Operations
Year	Assets	Liabilities	Net Assets	Revenue	Expenses	Net Income
2025XML pending. An XML filing is linked for this year, but detailed extraction is still pending.	$2.46	$0.00	$2.46	$0.21	$0.21	$0.00
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.	$2.46	$0.00	$2.46	$0.22	$0.16	$0.06
2023Detailed filing. Detailed filing data is available for this year.	$2.40	$0.00	$2.40	$0.86	$0.24	$0.62
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.	$1.78	$0.00	$1.78	$0.25	$0.16	$0.10
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.	$1.68	$0.00	$1.68	$0.26	$0.53	$0.27
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.	$1.96	$0.00	$1.96	$0.24	$1.07	$0.83
2019Detailed filing. Detailed filing data is available for this year.	$2.78	$0.00	$2.78	$0.32	$0.42	$0.10
2018Detailed filing. Detailed filing data is available for this year.	$2.89	$0.00	$2.89	$0.37	$0.33	$0.04
2017Summary only. Only limited summary data is available for this year.	$2.84	$0.00		$0.36	$0.41	$0.04
2016Summary only. Only limited summary data is available for this year.	$2.89	$0.00		$0.32	$0.20	$0.12
2015Summary only. Only limited summary data is available for this year.	$2.76	$0.00		$1.20	$0.21	$0.99
2014Summary only. Only limited summary data is available for this year.	$1.78	$0.00		$0.28	$0.31	$0.03
2013Summary only. Only limited summary data is available for this year.	$1.81	$0.00		$0.31	$0.25	$0.06
2012Summary only. Only limited summary data is available for this year.	$1.75	$0.00		$0.35	$0.22	$0.13