Civic Intelligence

Davidson County Library Foundation Inc.

990EZ • Fiscal year 2020 • EIN 58-1539146

Jul 01, 2019 to Jun 30, 2020 • Filed on Oct 15, 2020

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.

Liabilities / Assets

63rd percentile

0.00x

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

2020 filings • NTEE B • <$500k nonprofits • Source year 2020

Liabilities / Revenue

63rd percentile

0.00x

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

2020 filings • NTEE B • <$500k nonprofits • Source year 2020

Net Margin

5th percentile

-339%

Higher net margin than 5% of similar nonprofits.

2020 filings • NTEE B • <$500k nonprofits • Source year 2020

Top Officer Pay

84th percentile

$0

Higher top officer pay than 84% of similar nonprofits.

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

2020 filings • NTEE B • <$500k nonprofits • Source year 2020

Asset Growth

13th percentile

-30%

Faster asset growth than 13% of similar nonprofits.

2020 filings • NTEE B • <$500k nonprofits • Annualized from 2019 to 2020

Revenue Growth

47th percentile

-23%

Faster revenue growth than 47% of similar nonprofits.

2020 filings • NTEE B • <$500k nonprofits • Annualized from 2019 to 2020

Balance Sheet
Liabilities / Assets63rd percentile

Assets

Down

$195,501

Down $82,788 (-30%) from 2019

Net Assets

Down

$195,501

Down $82,788 (-30%) from 2019

Liabilities

Flat

$0

Flat from 2019

Revenue And Expenses
Liabilities / Revenue63rd percentileNet Margin5th percentile

Revenue

Down

$24,415

Down $7,174 (-23%) from 2019

Expenses

Up

$107,203

Up $65,319 (+156%) from 2019

Net Income

Down

-$82,788

Down $72,493 (-704%) from 2019

Historical Trend

Balance Sheet Trend

Asset Growth13th percentile

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

$300K$200K$100K$0Assets 2012: $174,994Liabilities 2012: $02012Assets 2013: $180,623Liabilities 2013: $02013Assets 2014: $177,680Liabilities 2014: $02014Assets 2015: $276,389Liabilities 2015: $02015Assets 2016: $288,557Liabilities 2016: $02016Assets 2017: $284,182Liabilities 2017: $02017Assets 2018: $288,584Liabilities 2018: $0Net Assets 2018: $288,5842018Assets 2019: $278,289Liabilities 2019: $0Net Assets 2019: $278,2892019Assets 2020: $195,501Liabilities 2020: $0Net Assets 2020: $195,5012020Assets 2021: $168,248Liabilities 2021: $0Net Assets 2021: $168,2482021Assets 2022: $177,822Liabilities 2022: $0Net Assets 2022: $177,8222022Assets 2023: $240,119Liabilities 2023: $0Net Assets 2023: $240,1192023Assets 2024: $245,872Liabilities 2024: $0Net Assets 2024: $245,8722024Assets 2025: $246,223Liabilities 2025: $0Net Assets 2025: $246,2232025

Highlighted filing

2020

Assets$195,501
Liabilities$0
Net Assets$195,501
Open 2020 Filing

Operations Trend

Revenue Growth47th percentile

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

$200K$100K$0-$100KRevenue 2012: $34,500Expenses 2012: $21,894Net Income 2012: $12,6062012Revenue 2013: $30,577Expenses 2013: $24,948Net Income 2013: $5,6292013Revenue 2014: $27,819Expenses 2014: $30,762Net Income 2014: -$2,9432014Revenue 2015: $119,810Expenses 2015: $21,101Net Income 2015: $98,7092015Revenue 2016: $32,387Expenses 2016: $20,219Net Income 2016: $12,1682016Revenue 2017: $36,126Expenses 2017: $40,501Net Income 2017: -$4,3752017Revenue 2018: $37,221Expenses 2018: $32,819Net Income 2018: $4,4022018Revenue 2019: $31,589Expenses 2019: $41,884Net Income 2019: -$10,2952019Revenue 2020: $24,415Expenses 2020: $107,203Net Income 2020: -$82,7882020Revenue 2021: $25,521Expenses 2021: $52,774Net Income 2021: -$27,2532021Revenue 2022: $25,220Expenses 2022: $15,646Net Income 2022: $9,5742022Revenue 2023: $86,080Expenses 2023: $23,783Net Income 2023: $62,2972023Revenue 2024: $22,066Expenses 2024: $16,313Net Income 2024: $5,7532024Revenue 2025: $21,252Expenses 2025: $20,901Net Income 2025: $3512025

Highlighted filing

2020

Revenue$24,415
Expenses$107,203
Net Income-$82,788
Open 2020 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2019 to Jun 30, 2020
Signed
Oct 15, 2020
Return Version
2019v5.1
Gross Receipts
$24,415
Mission and Program Overview

Mission

Raises money for library improvement

Program Services

DescriptionGrantsExpenses
THE DAVIDSON COUNTY LIBRARY FOUNDATION RAISES MONEY FOR THE IMPROVEMENT OF THE PUBLIC LIBRARIES IN DAVIDSON COUNTY.-$107,203
Compensation and Service Providers
Top Officer Pay84th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
JAMES E HONEYCUTTChairman-$0--
CHARLES ROMINEVice Chairman-$0--
RUTH SWICEGOODSecretary-$0--
RUTH SWICEGOODTreasurer-$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
2020-10-15
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 1,592Program-Equipment and furniture 26,917Program-Membership Dues 429Program-Museum repairs 245Program-Library Supplies 927Program-Exhibits,events,honorariums 2,743Program-Landscaping 2,872Program-Fundraiser Expense 8Program-BookMobile Supplies 67,343Support-Office expense, supplies 251Support-Professional Fees 3,876”

Raw XML Appendix161 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/PersonNm0CHARLES E ROMINE
IRS990EZ/BooksInCareOfDetail/PhoneNum03362422040
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt0602 S MAIN STREET
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0Lexington
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0NC
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd027292
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt0278289
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt0195501
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/ContributionsGiftsGrantsEtcAmt023960
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt0-82788
IRS990EZ/FiledScheduleAInd0true
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt0278289
IRS990EZ/Form990TotalAssetsGrp/EOYAmt0195501
IRS990EZ/GrossReceiptsAmt024415
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InvestmentIncomeAmt0455
IRS990EZ/LandAndBuildingsGrp/BOYAmt00
IRS990EZ/LandAndBuildingsGrp/EOYAmt00
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt0278289
IRS990EZ/NetAssetsOrFundBalancesEOYAmt0195501
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt0278289
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt0195501
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt01.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt11.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt21.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt31.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0JAMES E HONEYCUTT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1CHARLES ROMINE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2RUTH SWICEGOOD
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3RUTH SWICEGOOD
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0CHAIRMAN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1VICE CHAIRMAN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2SECRETARY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3TREASURER
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherAssetsTotalDetail/BOYAmt00
IRS990EZ/OtherAssetsTotalDetail/EOYAmt00
IRS990EZ/OtherExpensesTotalAmt0107203
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0RAISES MONEY FOR LIBRARY IMPROVEMENT
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0THE DAVIDSON COUNTY LIBRARY FOUNDATION RAISES MONEY FOR THE IMPROVEMENT OF THE PUBLIC LIBRARIES IN DAVIDSON COUNTY.
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt0107203
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt00
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt00
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt0107203
IRS990EZ/TotalProgramServiceExpensesAmt0107203
IRS990EZ/TotalRevenueAmt024415
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt020860
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt014916
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt033946
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt030136
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt026979
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0126837
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt0455
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt0745
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt0675
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt0127
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt086
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt02088
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt03100
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt015928
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt02600
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt05863
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt05322
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt032813
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt0455
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt0745
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt0675
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt0127
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt086
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt02088
IRS990ScheduleA/InvestmentIncomeCYPct00.01000
IRS990ScheduleA/InvestmentIncomePYPct00.01000
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.98710
IRS990ScheduleA/PublicSupportPY509Pct00.99330
IRS990ScheduleA/PublicSupportTotal509Amt0159650
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt023960
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt030844
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt036546
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt035999
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt032301
IRS990ScheduleA/Total509Grp/TotalAmt0159650
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt024415
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt031589
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt037221
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt036126
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt032387
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0161738
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Description AmountProgram-Books,reference materials 1,592Program-Equipment and furniture 26,917Program-Membership Dues 429Program-Museum repairs 245Program-Library Supplies 927Program-Exhibits,events,honorariums 2,743Program-Landscaping 2,872Program-Fundraiser Expense 8Program-BookMobile Supplies 67,343Support-Office expense, supplies 251Support-Professional Fees 3,876
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Description of other expenses Part I line 16
ReturnHeader/BuildTS02021-01-29 14:40:06Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0James Honeycutt
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0CHAIRMAN
ReturnHeader/BusinessOfficerGrp/SignatureDt02020-10-15
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0DAVIDSON COUNTY LIBRARY FOUNDATION INC
ReturnHeader/Filer/BusinessNameControlTxt0DAVI
ReturnHeader/Filer/EIN0581539146
ReturnHeader/Filer/USAddress/AddressLine1Txt0602 SOUTH MAIN STREET
ReturnHeader/Filer/USAddress/CityNm0Lexington
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NC
ReturnHeader/Filer/USAddress/ZIPCd027292
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId0BF2860969A7C25353F505D102CEE9EBF58CF1F4D
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId0BF2860969A7C25353F505D102CEE9EBF58CF1F4D
ReturnHeader/FilingSecurityInformation/FederalOriginalSubmissionId06988142020289lpt5upm
ReturnHeader/FilingSecurityInformation/FederalOriginalSubmissionIdDt02020-10-15
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt071.69.99.169
ReturnHeader/FilingSecurityInformation/IPDt02020-10-15
ReturnHeader/FilingSecurityInformation/IPTm012:27:04
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0814815236
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0GOINS CPA PLLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0102-A West First Avenue
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Lexington
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd027292
ReturnHeader/PreparerPersonGrp/PhoneNum03362492176
ReturnHeader/PreparerPersonGrp/PreparationDt02020-10-14
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Jeffrey Goins
ReturnHeader/ReturnTs02020-10-14T10:11:07-04:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02019-07-01
ReturnHeader/TaxPeriodEndDt02020-06-30
ReturnHeader/TaxYr02019

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2020 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$195,501
Liabilities
$0
Net assets
$195,501
Revenue
$24,415
Expenses
$107,203
Net income
-$82,788
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet 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
2020Detailed filing. Detailed filing data is available for this year.$1.96$0.00$1.96$0.24$1.07$0.83
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$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