Civic Intelligence

Davidson County Library Foundation Inc.

990EZ • Fiscal year 2024 • EIN 58-1539146

Jul 01, 2023 to Jun 30, 2024 • Filed on Oct 03, 2024

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

69th percentile

0.00x

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

2024 filings • NTEE B • <$500k nonprofits • Source year 2024

Liabilities / Revenue

70th percentile

0.00x

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

2024 filings • NTEE B • <$500k nonprofits • Source year 2024

Net Margin

72nd percentile

26%

Higher net margin than 72% of similar nonprofits.

2024 filings • NTEE B • <$500k nonprofits • Source year 2024

Top Officer Pay

86th percentile

$0

Higher top officer pay than 86% of similar nonprofits.

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

2024 filings • NTEE B • <$500k nonprofits • Source year 2024

Asset Growth

50th percentile

2.4%

Faster asset growth than 50% of similar nonprofits.

2024 filings • NTEE B • <$500k nonprofits • Annualized from 2023 to 2024

Revenue Growth

7th percentile

-74%

Faster revenue growth than 7% of similar nonprofits.

2024 filings • NTEE B • <$500k nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets69th percentile

Assets

Up

$245,872

Up $5,753 (+2.4%) from 2023

Net Assets

Up

$245,872

Up $5,753 (+2.4%) from 2023

Liabilities

Flat

$0

Flat from 2023

Revenue And Expenses
Liabilities / Revenue70th percentileNet Margin72nd percentile

Revenue

Down

$22,066

Down $64,014 (-74%) from 2023

Expenses

Down

$16,313

Down $7,470 (-31%) from 2023

Net Income

Down

$5,753

Down $56,544 (-91%) from 2023

Historical Trend

Balance Sheet Trend

Asset Growth50th 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

2024

Assets$245,872
Liabilities$0
Net Assets$245,872
Open 2024 Filing

Operations Trend

Revenue Growth7th 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

2024

Revenue$22,066
Expenses$16,313
Net Income$5,753
Open 2024 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2023 to Jun 30, 2024
Signed
Oct 3, 2024
Return Version
2023v5.1
Gross Receipts
$22,066
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.-$16,313
Compensation and Service Providers
Top Officer Pay86th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
PEGGY WESSELChairman-$0--
KEN ATWOODVice Chairman-$0--
VICKI MITCHELLSecretary-$0--
VICKI MITCHELLTreasurer-$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
Peggy Wessel
Title
Chairman
Signed
2024-10-03
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 3,363program-equipment and furniture 1,310program-membership dues 235program-museum repairs 421program-library supplies 1,384program-exhibits,events,honorariums 4,389program-meetings 99program-meals and entertainment 349support-office expense, supplies 478support-professional fees 4,285”

Raw XML Appendix155 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
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IRS990EZ/BooksInCareOfDetail/PersonNm0PEGGY WESSEL
IRS990EZ/BooksInCareOfDetail/PhoneNum03362422040
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt0602 S MAIN STREET
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0LEXINGTON
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0NC
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd027292
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt0240119
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt0245872
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IRS990EZ/ContributionsGiftsGrantsEtcAmt020791
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt05753
IRS990EZ/FiledScheduleAInd0true
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt0240119
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IRS990EZ/GrossReceiptsAmt022066
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InvestmentIncomeAmt0536
IRS990EZ/LandAndBuildingsGrp/BOYAmt00
IRS990EZ/LandAndBuildingsGrp/EOYAmt00
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MembershipDuesAmt0739
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt0240119
IRS990EZ/NetAssetsOrFundBalancesEOYAmt0245872
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt0240119
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt0245872
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/PersonNm0PEGGY WESSEL
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1KEN ATWOOD
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2VICKI MITCHELL
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3VICKI MITCHELL
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/OtherExpensesTotalAmt016313
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/ProgramServiceExpensesAmt016313
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt00
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt00
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt016313
IRS990EZ/TotalProgramServiceExpensesAmt016313
IRS990EZ/TotalRevenueAmt022066
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt014010
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt069133
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt010715
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt09030
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt020860
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0123748
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt0536
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt0350
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt056
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt077
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt0455
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt01474
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt07520
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt016597
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt014449
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt016414
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt03100
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt058080
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt0536
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt0350
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt056
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt077
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt0455
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt01474
IRS990ScheduleA/InvestmentIncomeCYPct00.01000
IRS990ScheduleA/InvestmentIncomePYPct00.01000
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.99200
IRS990ScheduleA/PublicSupportPY509Pct00.99130
IRS990ScheduleA/PublicSupportTotal509Amt0181828
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt021530
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt085730
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt025164
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt025444
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt023960
IRS990ScheduleA/Total509Grp/TotalAmt0181828
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt022066
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt086080
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt025220
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt025521
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt024415
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0183302
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0DESCRIPTION AMOUNTPROGRAM-BOOKS,REFERENCE MATERIALS 3,363PROGRAM-EQUIPMENT AND FURNITURE 1,310PROGRAM-MEMBERSHIP DUES 235PROGRAM-MUSEUM REPAIRS 421PROGRAM-LIBRARY SUPPLIES 1,384PROGRAM-EXHIBITS,EVENTS,HONORARIUMS 4,389PROGRAM-MEETINGS 99PROGRAM-MEALS AND ENTERTAINMENT 349SUPPORT-OFFICE EXPENSE, SUPPLIES 478SUPPORT-PROFESSIONAL FEES 4,285
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Description of other expenses Part I line 16
ReturnHeader/BuildTS02024-10-15 13:58:12Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0PEGGY WESSEL
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0CHAIRMAN
ReturnHeader/BusinessOfficerGrp/SignatureDt02024-10-03
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/IRSResponsiblePrtyInfoCurrInd0true
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/PreparationDt02024-10-15
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Jeffrey Goins
ReturnHeader/ReturnTs02024-10-15T13:57:53-04:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02023-07-01
ReturnHeader/TaxPeriodEndDt02024-06-30
ReturnHeader/TaxYr02023

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2024 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$245,872
Liabilities
$0
Net assets
$245,872
Revenue
$22,066
Expenses
$16,313
Net income
$5,753
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
2024Detailed filing. Detailed filing data is available for this year.$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
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
Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 2024 filings • 501(c)3 • <$500k nonprofits