Civic Intelligence

MILL Valley Public Library Foundation

990 • Fiscal year 2014 • EIN 68-0000532

Oct 01, 2013 to Sep 30, 2014 • Filed on May 15, 2015

375 Throckmorton Avenue94941

(415) 389-4292

Siviq Scores

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

Liabilities / Assets

32nd percentile

0.03x

Higher debt load relative to assets than 32% of similar nonprofits.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2014

Liabilities / Revenue

52nd percentile

0.12x

Higher debt load relative to revenue than 52% of similar nonprofits.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2014

Net Margin

94th percentile

62%

Higher net margin than 94% of similar nonprofits.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2014

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2014

Asset Growth

78th percentile

16%

Faster asset growth than 78% of similar nonprofits.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2013 to 2014

Revenue Growth

27th percentile

-5.1%

Faster revenue growth than 27% of similar nonprofits.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2013 to 2014

Assets

Up

$1,549,152

Up $211,585 (+16%) from 2013

Net Assets

Up

$1,509,532

Up $199,365 (+15%) from 2013

Liabilities

Up

$39,620

Up $12,220 (+45%) from 2013

Revenue

Down

$319,964

Down $17,333 (-5.1%) from 2013

Expenses

Up

$120,599

Up $46,521 (+63%) from 2013

Net Income

Down

$199,365

Down $63,854 (-24%) from 2013

Historical Trend

Balance Sheet Trend

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

$8.0M$6.0M$4.0M$2.0M$0Assets 2011: $910,405Liabilities 2011: $16,000Net Assets 2011: $894,4052011Assets 2012: $1,136,851Liabilities 2012: $21,000Net Assets 2012: $1,115,8512012Assets 2013: $1,337,567Liabilities 2013: $27,400Net Assets 2013: $1,310,1672013Assets 2014: $1,549,152Liabilities 2014: $39,620Net Assets 2014: $1,509,5322014Assets 2015: $1,624,274Liabilities 2015: $106,808Net Assets 2015: $1,517,4662015Assets 2017: $1,915,449Liabilities 2017: $5,000Net Assets 2017: $1,910,4492017Assets 2018: $2,080,283Liabilities 2018: $8,796Net Assets 2018: $2,071,4872018Assets 2019: $2,608,772Liabilities 2019: $0Net Assets 2019: $2,608,7722019Assets 2020: $2,634,612Liabilities 2020: $0Net Assets 2020: $2,634,6122020Assets 2021: $2,978,589Liabilities 2021: $0Net Assets 2021: $2,978,5892021Assets 2022: $2,549,457Liabilities 2022: $0Net Assets 2022: $2,549,4572022Assets 2023: $5,168,308Liabilities 2023: $0Net Assets 2023: $5,168,3082023Assets 2024: $6,100,480Liabilities 2024: $0Net Assets 2024: $6,100,4802024

Highlighted filing

2014

Assets$1,549,152
Liabilities$39,620
Net Assets$1,509,532

Operations Trend

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

$3.0M$2.0M$1.0M$0Revenue 2011: $113,936Expenses 2011: $37,876Net Income 2011: $76,0602011Revenue 2012: $303,265Expenses 2012: $81,819Net Income 2012: $221,4462012Revenue 2013: $337,297Expenses 2013: $74,078Net Income 2013: $263,2192013Revenue 2014: $319,964Expenses 2014: $120,599Net Income 2014: $199,3652014Revenue 2015: $138,888Expenses 2015: $130,954Net Income 2015: $7,9342015Revenue 2017: $163,985Expenses 2017: $114,692Net Income 2017: $49,2932017Revenue 2018: $210,625Expenses 2018: $49,587Net Income 2018: $161,0382018Revenue 2019: $780,258Expenses 2019: $127,961Net Income 2019: $652,2972019Revenue 2020: $197,507Expenses 2020: $138,773Net Income 2020: $58,7342020Revenue 2021: $473,338Expenses 2021: $144,283Net Income 2021: $329,0552021Revenue 2022: $417,049Expenses 2022: $164,795Net Income 2022: $252,2542022Revenue 2023: $2,585,304Expenses 2023: $167,231Net Income 2023: $2,418,0732023Revenue 2024: $283,139Expenses 2024: $31,597Net Income 2024: $251,5422024

Highlighted filing

2014

Revenue$319,964
Expenses$120,599
Net Income$199,365
Jump To
Filing Snapshot
Filing Period
Oct 1, 2013 to Sep 30, 2014
Signed
May 15, 2015
Return Version
2013v4.0
Gross Receipts
$897,706
Mission and Program Overview

Mission

The mill valley library foundation raises funds to ensure the mill valley public library offers outstanding services, beyond the basic level of services funded by the city.

See schedule o. The mill valley library foundation raises funds to supplement the funding provided by the city, with the objective to insure the library will provided high quality programs and services in perpetuity.

Balance Sheet Detail
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds$1,310,167$1,509,532▲ $199,365
Investments in Publicly Traded Securities$1,187,722$882,159▼ $305,563
Cash and Non-Interest-Bearing Accounts$149,015$612,993▲ $463,978
Pledges and Grants Receivable$500$54,000▲ $53,500
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Total Assets$1,337,567$1,549,152▲ $211,585
Other Assets Total$330$0▼ $330
Liabilities
Grants Payable$21,000$26,500▲ $5,500
Accounts Payable and Accrued Expenses-$13,120-
Other Liabilities$6,400$0▼ $6,400
Total Liabilities$27,400$39,620▲ $12,220
Net Assets / Fund Balance
Total Net Assets Fund Balance$1,310,167$1,509,532▲ $199,365
Total Liabilities and Net Assets / Fund Balance$1,337,567$1,549,152▲ $211,585
Compensation and Service Providers

Board Members and Trustees

NameTitle
Vera MeislinPresident
Stacey SilverVice-president
Anji BrennerDirector
Beth RutchikDirector
Beverly ButlerDirector
Courtney McklveenDirector
David ThelanderDirector
Jennifer FlegelDirector
Kenneth AustinDirector
Kris GrossmanDirector
Lynn BrintonDirector
Nicole BrownDirector
Stephanie TomaskyDirector
Tom DickerDirector
Andrew ShapiroSecretary
David SimpsonTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$222,675
Program Service Revenue
$0
Investment Income
$21,111
Other Revenue
$76,178
Change in Net Assets
$199,365
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$87,500
Other Expenses$33,099
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$87,500--$87,500
Office Expenses-$12,323-$12,323
Fees for Services Management-$6,550-$6,550
Other Expenses-$4,918-$4,918
Insurance-$1,896-$1,896
Advertising-$1,526-$1,526
Information Technology-$805-$805
Conferences and Meetings-$81-$81
Total Functional Expenses$87,500$33,099$0$120,599
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
94-6000372--Funding for Programs Presented by the Library$87,500
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$62,839
Fundraising Gross Income$46,665
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Event 1$52,151-$11,298-
Event 2$82,264$31,614$22,930$8,684
Total Events$267,989$45,514$83,398$-37,884
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
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, Part VI, Section B, line 11

Directors are provided an opportunity to review form 990 and related filings.

Form 990, Part VI, Section C, line 19

Governing documents, policies and financial information is available upon written request to the mill valley library head librarian.

Filing and Contact Details

Filer

EIN
68-0000532
Phone
4153894292

Signing Officer

Name
David Simpson
Title
Treasurer
Phone
4153324750
Signed
2015-05-15

Organization Details

Principal Officer
Vera Meislin
Formed
1983
Legal Domicile
CA
Voting Board Members
16
Independent Board Members
16
Employees
0
Volunteers
0
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IRS990/PdInCapSrplsLandBldgEqpFundGrp/EOYAmt00
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt0500
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt054000
IRS990/PoliticalCampaignActyInd00
IRS990/PrincipalOfficerNm0VERA MEISLIN
IRS990/ProfessionalFundraisingInd00
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt046606
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt0116687
IRS990/PYOtherExpensesAmt00
IRS990/PYOtherRevenueAmt0138443
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt0301736
IRS990/PYSalariesCompEmpBnftPaidAmt00
IRS990/PYTotalExpensesAmt00
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0301736
IRS990/QuidProQuoContributionsInd01
IRS990/QuidProQuoContriDisclInd01
IRS990/ReconcilationRevenueExpnssAmt0199365
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd00
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt01310167
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt01509532
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0269340
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0259125
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0175485
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0131378
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt035239
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0870567
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt027681
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt038235
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt032302
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt038638
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt024131
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt0160987
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.84390
IRS990ScheduleA/PublicSupportPY170Pct00.71680
IRS990ScheduleA/PublicSupportTotal170Amt0870567
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0269340
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0259125
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0175485
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0131378
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt035239
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0870567
IRS990ScheduleA/TotalSupportAmt01031554
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContributionsTotAmt0222475
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContriEvent1Amt052151
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContriEvent2Amt050650
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContriOtherEventsAmt0119674
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt083398
IRS990ScheduleG/FundraisingEventInformationGrp/EntertainmentEvent2Amt03805
IRS990ScheduleG/FundraisingEventInformationGrp/EntertainmentOtherEventsAmt06600
IRS990ScheduleG/FundraisingEventInformationGrp/EntertainmentTotalEventsAmt010405
IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageEvent2Amt04624
IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageOtherEventsAmt012142
IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageTotalEventsAmt016766
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt052151
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent2Amt082264
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsOtherEventsAmt0133574
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt0267989
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent2Amt031614
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueOtherEventsAmt013900
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt045514
IRS990ScheduleG/FundraisingEventInformationGrp/NameOfEvent1Amt0YEAR END MAIL APPEAL
IRS990ScheduleG/FundraisingEventInformationGrp/NameOfEvent2Amt0STORYBOOK BALL
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt0-37884
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssOtherEventsAmt016999
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt051227
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt011298
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent2Amt022930
IRS990ScheduleG/FundraisingEventInformationGrp/OtherEventsTotalCnt01
IRS990ScheduleG/FundraisingEventInformationGrp/RentFacilityCostsEvent2Amt050
IRS990ScheduleG/FundraisingEventInformationGrp/RentFcltyCostsOtherEventsAmt04950
IRS990ScheduleG/FundraisingEventInformationGrp/RentFcltyCostsTotalEventsAmt05000
IRS990ScheduleG/MailSolicitationsInd0X
IRS990ScheduleG/SpecialFundraisingEventsInd0X
IRS990ScheduleI/GrantRecordsMaintainedInd01
IRS990ScheduleI/RecipientTable/CashGrantAmt087500
IRS990ScheduleI/RecipientTable/NonCashAssistanceDesc0N/A
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0FUNDING FOR PROGRAMS PRESENTED BY THE LIBRARY
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine10MILL VALLEY PUBLIC LIBRARY
IRS990ScheduleI/RecipientTable/RecipientEIN0946000372
IRS990ScheduleI/RecipientTable/USAddress/AddressLine10375 THROCKMORTON AVE
IRS990ScheduleI/RecipientTable/USAddress/City0MILL VALLEY
IRS990ScheduleI/RecipientTable/USAddress/State0CA
IRS990ScheduleI/RecipientTable/USAddress/ZIPCode094941
IRS990ScheduleI/RecipientTable/ValuationMethodUsedDesc0CASH VALUE
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0ALL GRANTS ARE MADE TO THE MILL VALLEY PUBLIC LIBRARY. ON AN ANNUAL BASIS, THE MILL VALLEY PUBLIC LIBRARY REPORTS TO THE MILL VALLEY LIBRARY FOUNDATION THE USES OF GRANT FUNDS, AND THE PARTICIPATION OF THE PUBLIC IN FUNDED PROGRAMS. THE MILL VALLEY PUBLIC LIBRARY HEAD LIBRARIAN SUBMITS GRANT REQUESTS FOR THE SUBSEQUENT YEAR TO THE MILL VALLEY LIBRARY FOUNDATION, WHICH DETERMINES THE AMOUNT OF GRANT FUNDING, AND THE GRANT REQUESTS APPROVED.
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0Part I, Line 2:
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0DIRECTORS ARE PROVIDED AN OPPORTUNITY TO REVIEW FORM 990 AND RELATED FILINGS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1GOVERNING DOCUMENTS, POLICIES AND FINANCIAL INFORMATION IS AVAILABLE UPON WRITTEN REQUEST TO THE MILL VALLEY LIBRARY HEAD LIBRARIAN.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Section B, line 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Section C, line 19
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd00
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine10MILL VALLEY PUBLIC LIBRARY
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0CA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0LIBRARY
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine10375 THROCKMORTON AVENUE
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/City0MILL VALLEY
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/State0CA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCode094941
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd00
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd00
IRS990ScheduleR/PaidEmployeesSharingInd00
IRS990ScheduleR/PerformOfServicesByOtherOrgInd00

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$6.10$0.00$6.10$0.28$0.03$0.25
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$5.17$0.00$5.17$2.59$0.17$2.42
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.55$0.00$2.55$0.42$0.16$0.25
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.98$0.00$2.98$0.47$0.14$0.33
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.63$0.00$2.63$0.20$0.14$0.06
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.61$0.00$2.61$0.78$0.13$0.65
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.08$0.01$2.07$0.21$0.05$0.16
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.92$0.01$1.91$0.16$0.11$0.05
2015Detailed filing. Detailed filing data is available for this year.$1.62$0.11$1.52$0.14$0.13$0.01
2014Detailed filing. Detailed filing data is available for this year.$1.55$0.04$1.51$0.32$0.12$0.20
2013Summary only. Only limited summary data is available for this year.$1.34$0.03$1.31$0.34$0.07$0.26
2012Summary only. Only limited summary data is available for this year.$1.14$0.02$1.12$0.30$0.08$0.22
2011Summary only. Only limited summary data is available for this year.$0.91$0.02$0.89$0.11$0.04$0.08