Civic Intelligence

Panhandle Library Access Network Inc.

990 • Fiscal year 2021 • EIN 59-3143384

Oct 01, 2020 to Sep 30, 2021 • Filed on Aug 04, 2022

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

79th percentile

0.30x

Higher debt load relative to assets than 79% of similar nonprofits.

2021 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2021

Liabilities / Revenue

74th percentile

0.21x

Higher debt load relative to revenue than 74% of similar nonprofits.

2021 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2021

Net Margin

47th percentile

10%

Higher net margin than 47% of similar nonprofits.

2021 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2021

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2021

Asset Growth

85th percentile

55%

Faster asset growth than 85% of similar nonprofits.

2021 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2020 to 2021

Revenue Growth

8th percentile

-40%

Faster revenue growth than 8% of similar nonprofits.

2021 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2020 to 2021

Assets

Up

$484,145

Up $171,812 (+55%) from 2020

Net Assets

Up

$338,832

Up $70,605 (+26%) from 2020

Liabilities

Up

$145,313

Up $101,207 (+229%) from 2020

Revenue

Down

$679,786

Down $447,527 (-40%) from 2020

Expenses

Down

$609,181

Down $479,240 (-44%) from 2020

Net Income

Up

$70,605

Up $31,713 (+82%) from 2020

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

2021

Assets$484,145
Liabilities$145,313
Net Assets$338,832

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

2021

Revenue$679,786
Expenses$609,181
Net Income$70,605
Jump To
Filing Snapshot
Filing Period
Oct 1, 2020 to Sep 30, 2021
Signed
Aug 4, 2022
Return Version
2020v4.0
Gross Receipts
$679,786
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$280,144$449,390▲ $169,246
Accounts Receivable$21,105$21,427▲ $322
Prepaid Expenses and Deferred Charges$7,296$11,351▲ $4,055
Land, Buildings, and Equipment, Net$3,788$1,977▼ $1,811
Total Assets$312,333$484,145▲ $171,812
Liabilities
Deferred Revenue$20,046$116,532▲ $96,486
Accounts Payable and Accrued Expenses$24,060$28,781▲ $4,721
Total Liabilities$44,106$145,313▲ $101,207
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$268,227$338,832▲ $70,605
Total Net Assets Fund Balance$268,227$338,832▲ $70,605
Total Liabilities and Net Assets / Fund Balance$312,333$484,145▲ $171,812

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$1,977$79,609$81,586
Equipment-$49,115$49,115
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Charles MayberryExecutive DiFT$85,933$85,933

Board Members and Trustees

NameTitle
Mary BalintPresident
Caitlin CeriseBoard Member
Faye WatkinsBoard Member
Lisamarie BartusikBoard Member
Melissa WhiteBoard Member
Renae RountreeBoard Member
Stephanie ClarkBoard Member
Robin ShaderSecretary/tr
Vicky SteverVice-preside
Revenue and Support

Revenue Composition

Contributions and Grants
$446,500
Program Service Revenue
$233,286
Investment Income
$0
Other Revenue
$0
All Other Contributions
$395,000
Change in Net Assets
$70,605
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$352,314
Salaries, Compensation, and Employee Benefits$256,867
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$79,768$55,819-$135,587
Current Officers, Directors, Trustees, and Key Employees$50,700$35,233-$85,933
Office Expenses$82,004$445-$82,449
Conferences and Meetings$38,823$4,120-$42,943
All Other Expenses$14,252$11,538-$25,790
Other Expenses$65,108$24,024-$24,024
Pension Plan Contributions$14,120$4,608-$18,728
Fees for Services Accounting$16,267$720-$16,987
Payroll Taxes$12,306$4,313-$16,619
Insurance$9,487$1,043-$10,530
Information Technology$8,200--$8,200
Advertising-$4,459-$4,459
Depreciation Depletion-$1,811-$1,811
Travel-$193-$193
Total Functional Expenses$391,035$218,146$0$609,181
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 35% controlled entity
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
2022-08-04

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
Phillip Easton Ramer CPA
Phone
8507699491
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IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus3YearsAmt0206326
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IRS990ScheduleA/PublicSupportPY170Pct00.78250
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IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0671694
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0614515
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt03329542
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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/ExplanationTxt1ORGANIZATION PAID MONEY TO AN INDIVIDUAL FOR LOBBYIST EXPENDITURE FOR THE BENEFIT OF THE ORGANIZATION
IRS990ScheduleC/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE C, PART I-A, LINE 1
IRS990ScheduleC/SupplementalInformationDetail/FormAndLineReferenceDesc1SCHEDULE C, PART II-A
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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/FormAndLineReferenceDesc0FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 19
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IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
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IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0391035
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IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0484145
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IRS990/TravelGrp/TotalAmt0193
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IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
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IRS990/USAddress/CityNm0PANAMA CITY
IRS990/USAddress/StateAbbreviationCd0FL
IRS990/USAddress/ZIPCd032407
IRS990/VotingMembersGoverningBodyCnt09
IRS990/VotingMembersIndependentCnt09
IRS990/WebsiteAddressTxt0N/A
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/PersonNm0CHARLES MAYBERRY
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0EXECUTIVE DIRECTOR
ReturnHeader/BusinessOfficerGrp/PhoneNum08502339051
ReturnHeader/BusinessOfficerGrp/SignatureDt02022-08-04
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
ReturnHeader/Filer/USAddress/ZIPCd032407
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0201217629
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0TIPTON MARLER GARNER & CHASTAIN
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0P O BOX 1100
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0PANAMA CITY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0FL
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0324021100

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