Civic Intelligence

Panhandle Library Access Network Inc.

990 • Fiscal year 2016 • EIN 59-3143384

Oct 01, 2015 to Sep 30, 2016 • Filed on Jan 17, 2017

5 Miracle Strip Loop Suite 8Panama City Beach, FL 32407

(850) 233-9051

Siviq Scores

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

Liabilities / Assets

78th percentile

0.35x

Higher debt load relative to assets than 78% of similar nonprofits.

2016 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2016

Liabilities / Revenue

64th percentile

0.10x

Higher debt load relative to revenue than 64% of similar nonprofits.

2016 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2016

Net Margin

49th percentile

2.4%

Higher net margin than 49% of similar nonprofits.

2016 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2016

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2016

Asset Growth

10th percentile

-18%

Faster asset growth than 10% of similar nonprofits.

2016 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2015 to 2016

Revenue Growth

65th percentile

11%

Faster revenue growth than 65% of similar nonprofits.

2016 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2015 to 2016

Assets

Down

$209,258

Down $46,438 (-18%) from 2015

Net Assets

Up

$135,981

Up $17,822 (+15%) from 2015

Liabilities

Down

$73,277

Down $64,260 (-47%) from 2015

Revenue

Up

$756,235

Up $76,272 (+11%) from 2015

Expenses

Up

$738,413

Up $46,925 (+6.8%) from 2015

Net Income

Up

$17,822

Up $29,347 (+255%) from 2015

Historical Trend

Balance Sheet Trend

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

$600K$400K$200K$0Assets 2010: $353,994Liabilities 2010: $76,854Net Assets 2010: $277,1402010Assets 2011: $358,732Liabilities 2011: $97,386Net Assets 2011: $261,3462011Assets 2012: $278,044Liabilities 2012: $41,444Net Assets 2012: $236,6002012Assets 2013: $237,142Liabilities 2013: $137,223Net Assets 2013: $99,9192013Assets 2014: $148,292Liabilities 2014: $18,608Net Assets 2014: $129,6842014Assets 2015: $255,696Liabilities 2015: $137,537Net Assets 2015: $118,1592015Assets 2016: $209,258Liabilities 2016: $73,277Net Assets 2016: $135,9812016Assets 2017: $224,230Liabilities 2017: $56,168Net Assets 2017: $168,0622017Assets 2018: $248,010Liabilities 2018: $50,092Net Assets 2018: $197,9182018Assets 2019: $324,931Liabilities 2019: $95,596Net Assets 2019: $229,3352019Assets 2020: $312,333Liabilities 2020: $44,106Net Assets 2020: $268,2272020Assets 2021: $484,145Liabilities 2021: $145,313Net Assets 2021: $338,8322021Assets 2022: $486,417Liabilities 2022: $57,873Net Assets 2022: $428,5442022Assets 2023: $560,338Liabilities 2023: $85,781Net Assets 2023: $474,5572023Assets 2024: $549,441Liabilities 2024: $55,672Net Assets 2024: $493,7692024

Highlighted filing

2016

Assets$209,258
Liabilities$73,277
Net Assets$135,981

Operations Trend

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

$1.5M$1.0M$500K$0-$500KExpenses 2010: $520,6242010Expenses 2011: $498,9832011Expenses 2012: $497,7022012Expenses 2013: $395,8462013Revenue 2014: $514,112Expenses 2014: $484,347Net Income 2014: $29,7652014Revenue 2015: $679,963Expenses 2015: $691,488Net Income 2015: -$11,5252015Revenue 2016: $756,235Expenses 2016: $738,413Net Income 2016: $17,8222016Revenue 2017: $814,531Expenses 2017: $782,450Net Income 2017: $32,0812017Revenue 2018: $878,020Expenses 2018: $848,164Net Income 2018: $29,8562018Revenue 2019: $855,955Expenses 2019: $824,538Net Income 2019: $31,4172019Revenue 2020: $1,127,313Expenses 2020: $1,088,421Net Income 2020: $38,8922020Revenue 2021: $679,786Expenses 2021: $609,181Net Income 2021: $70,6052021Revenue 2022: $1,308,597Expenses 2022: $1,218,885Net Income 2022: $89,7122022Revenue 2023: $953,941Expenses 2023: $907,929Net Income 2023: $46,0122023Revenue 2024: $1,004,465Expenses 2024: $985,253Net Income 2024: $19,2122024

Highlighted filing

2016

Revenue$756,235
Expenses$738,413
Net Income$17,822
Jump To
Filing Snapshot
Filing Period
Oct 1, 2015 to Sep 30, 2016
Signed
Jan 17, 2017
Return Version
2015v3.0
Gross Receipts
$756,235
Mission and Program Overview

Mission

Panhandle library access network, inc.'s mission is to link by computer or fax lines the region's libraries to permit each library to share information with other libraries.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$134,944$141,101▲ $6,157
Accounts Receivable$11,288$54,997▲ $43,709
Land, Buildings, and Equipment, Net$8,194$7,296▼ $898
Prepaid Expenses and Deferred Charges$1,270$5,864▲ $4,594
Total Assets$155,696$209,258▲ $53,562
Liabilities
Deferred Revenue$20,312$55,766▲ $35,454
Accounts Payable and Accrued Expenses$17,225$17,511▲ $286
Total Liabilities$37,537$73,277▲ $35,740
Net Assets / Fund Balance
Unrestricted Net Assets$118,159$135,981▲ $17,822
Total Net Assets Fund Balance$118,159$135,981▲ $17,822
Total Liabilities and Net Assets / Fund Balance$155,696$209,258▲ $53,562

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$4,974$69,798$74,772
Equipment$2,322$46,127$48,449
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Charles MayberryExecutive DiFT$90,000$90,000

Board Members and Trustees

NameTitle
Renae RountreePresident
Anne MaynardBoard Member
Cay HohmeisterBoard Member
Jaquelyn WilsonBoard Member
Mary BalintBoard Member
Mike ThorpeBoard Member
Pat GillelandBoard Member
Lori DriscollSecretary/tr
Matt BurrellVice-preside
Revenue and Support

Revenue Composition

Contributions and Grants
$585,522
Program Service Revenue
$170,670
Investment Income
$43
Other Revenue
$0
All Other Contributions
$564,522
Change in Net Assets
$17,822
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$525,935
Salaries, Compensation, and Employee Benefits$212,478
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Conferences and Meetings$85,755$17,601-$103,356
All Other Expenses$91,612$2,973-$94,585
Other Salaries and Wages$93,040--$93,040
Current Officers, Directors, Trustees, and Key Employees$90,000--$90,000
Fees for Services Lobbying-$60,000-$60,000
Other Expenses$25,613--$25,613
Fees for Services Accounting$21,800--$21,800
Pension Plan Contributions$15,582--$15,582
Payroll Taxes$13,856--$13,856
Insurance$9,499$500-$9,999
Travel$9,178$395-$9,573
Office Expenses$7,721$240-$7,961
Depreciation Depletion-$2,566-$2,566
Total Functional Expenses$654,138$84,275$0$738,413
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
Yes
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Audit committee
Yes
Backup withholding compliance
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
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 11B

Tax return was reviewed by the executive director before filing.

Form 990, Page 6, Part VI, Line 19

Documents are made available upon request and on their website.

Filing and Contact Details

Filer

Filer Name
Panhandle Library Access Network
EIN
59-3143384
Phone
8502339051
Address
5 MIRACLE STRIP LOOP SUITE 8, PANAMA CITY BEACH, FL 32407

Signing Officer

Name
Charles Mayberry
Title
Executive Director
Phone
8502339051
Signed
2017-01-17

Organization Details

Principal Officer
Charles Mayberry
Formed
1995
Legal Domicile
Fl
Voting Board Members
9
Independent Board Members
9
Employees
3

Preparer

Firm
Tipton Marler Garner & Chastain
Address
P O BOX 1100, PANAMA CITY, FL 32402-1100
Preparer
David C Tipton CPA
Phone
8507699491
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 24E

Solinet fees 21,882 0 0 non contract services 18,847 0 0 oclc expenses 18,682 0 0 rent 7,970 1,270 0 it support 7,000 0 0 software and computer 6,307 0 0 internet access 4,247 100 0 utilities 2,140 100 0 administrative 2,070 0 0 bank charges 83 1,219 0 maintenance contracts 1,114 59 0 dues and subscription 648 0 0 equipment 470 0 0 postage and freight 152 0 0 miscellaneous 0 125 0 bad debt 0 100 0

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IRS990ScheduleC/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION ALONG WITH OTHER LIBRARY ORGANIZATIONS, PAID MONEY TO AN INDIVIDUAL TO LOBBY LEGISLATION FOR THE BENEFIT OF THE LIBRARY SYSTEM.
IRS990ScheduleC/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE C, PART I-A, LINE 1
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0TAX RETURN WAS REVIEWED BY THE EXECUTIVE DIRECTOR BEFORE FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1DOCUMENTS ARE MADE AVAILABLE UPON REQUEST AND ON THEIR WEBSITE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2SOLINET FEES 21,882 0 0 NON CONTRACT SERVICES 18,847 0 0 OCLC EXPENSES 18,682 0 0 RENT 7,970 1,270 0 IT SUPPORT 7,000 0 0 SOFTWARE AND COMPUTER 6,307 0 0 INTERNET ACCESS 4,247 100 0 UTILITIES 2,140 100 0 ADMINISTRATIVE 2,070 0 0 BANK CHARGES 83 1,219 0 MAINTENANCE CONTRACTS 1,114 59 0 DUES AND SUBSCRIPTION 648 0 0 EQUIPMENT 470 0 0 POSTAGE AND FREIGHT 152 0 0 MISCELLANEOUS 0 125 0 BAD DEBT 0 100 0
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 19
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IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0170713
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IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0209258
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IRS990/USAddress/AddressLine1Txt05 MIRACLE STRIP LOOP SUITE 8
IRS990/USAddress/CityNm0PANAMA CITY
IRS990/USAddress/StateAbbreviationCd0FL
IRS990/USAddress/ZIPCd032407
IRS990/VotingMembersGoverningBodyCnt09
IRS990/VotingMembersIndependentCnt09
IRS990/WebsiteAddressTxt0N/A
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02017-02-10 21:41:12Z
ReturnHeader/BusinessOfficerGrp/PersonNm0CHARLES MAYBERRY
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0EXECUTIVE DIRECTOR
ReturnHeader/BusinessOfficerGrp/PhoneNum08502339051
ReturnHeader/BusinessOfficerGrp/SignatureDt02017-01-17
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0PANHANDLE LIBRARY ACCESS NETWORK
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0INC
ReturnHeader/Filer/BusinessNameControlTxt0PANH
ReturnHeader/Filer/EIN0593143384
ReturnHeader/Filer/PhoneNum08502339051
ReturnHeader/Filer/USAddress/AddressLine1Txt05 MIRACLE STRIP LOOP SUITE 8
ReturnHeader/Filer/USAddress/CityNm0PANAMA CITY BEACH
ReturnHeader/Filer/USAddress/StateAbbreviationCd0FL

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$0.55$0.06$0.49$1.00$0.99$0.02
2023Detailed filing. Detailed filing data is available for this year.$0.56$0.09$0.47$0.95$0.91$0.05
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.49$0.06$0.43$1.31$1.22$0.09
2021Detailed filing. Detailed filing data is available for this year.$0.48$0.15$0.34$0.68$0.61$0.07
2020Detailed filing. Detailed filing data is available for this year.$0.31$0.04$0.27$1.13$1.09$0.04
2019Detailed filing. Detailed filing data is available for this year.$0.32$0.10$0.23$0.86$0.82$0.03
2018Summary only. Only limited summary data is available for this year.$0.25$0.05$0.20$0.88$0.85$0.03
2017Detailed filing. Detailed filing data is available for this year.$0.22$0.06$0.17$0.81$0.78$0.03
2016Detailed filing. Detailed filing data is available for this year.$0.21$0.07$0.14$0.76$0.74$0.02
2015Detailed filing. Detailed filing data is available for this year.$0.26$0.14$0.12$0.68$0.69$0.01
2014Detailed filing. Detailed filing data is available for this year.$0.15$0.02$0.13$0.51$0.48$0.03
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.24$0.14$0.10$0.40
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.28$0.04$0.24$0.50
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.36$0.10$0.26$0.50
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.35$0.08$0.28$0.52