Civic Intelligence

Malvern-Hot Spring County Library Foundation Inc.

990 • Fiscal year 2020 • EIN 71-0831433

Jan 01, 2020 to Dec 31, 2020 • Filed on May 12, 2021

Organization Profile
202 East Third StreetMalvern, AR 72104

(501) 332-5441

Siviq Scores

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

Liabilities / Assets

15th percentile

0.00x

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

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Liabilities / Revenue

15th percentile

0.00x

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

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Net Margin

89th percentile

46%

Higher net margin than 89% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Top Officer Pay

37th percentile

$0

Higher top officer pay than 37% of similar nonprofits.

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

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Asset Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2020

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2020

Balance Sheet
Liabilities / Assets15th percentile

Assets

$1,054,101

No earlier filing loaded for comparison.

Net Assets

$1,054,101

No earlier filing loaded for comparison.

Liabilities

$0

No earlier filing loaded for comparison.

Revenue And Expenses
Liabilities / Revenue15th percentileNet Margin89th percentile

Revenue

$19,786

No earlier filing loaded for comparison.

Expenses

$10,692

No earlier filing loaded for comparison.

Net Income

$9,094

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

Asset GrowthScore unavailable

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

$1.5M$1.0M$500K$0Assets 2020: $1,054,101Liabilities 2020: $0Net Assets 2020: $1,054,1012020Assets 2021: $1,119,150Liabilities 2021: $0Net Assets 2021: $1,119,1502021

Highlighted filing

2020

Assets$1,054,101
Liabilities$0
Net Assets$1,054,101
Open 2020 Filing

Operations Trend

Revenue GrowthScore unavailable

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

$40K$20K$0-$20KRevenue 2020: $19,786Expenses 2020: $10,692Net Income 2020: $9,0942020Revenue 2021: $11,769Expenses 2021: $30,449Net Income 2021: -$18,6802021

Highlighted filing

2020

Revenue$19,786
Expenses$10,692
Net Income$9,094
Open 2020 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
May 12, 2021
Return Version
2020v4.0
Gross Receipts
$19,786
Mission and Program Overview

Mission

The malvern-hot spring library foundation secures private funds to support the malvern-hot spring county library during emeergency times and other library programs as the needs occur.

Supporting small library with for special needs on yearly basis

Balance Sheet Detail
LineBeginningEndChange
Assets
Cap Stk Tr Prin Current Funds$933,088$1,054,101▲ $121,013
Investments in Publicly Traded Securities$738,682$856,774▲ $118,092
Savings and Temporary Cash Investments$194,406$197,327▲ $2,921
Total Assets$933,088$1,054,101▲ $121,013
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$933,088$1,054,101▲ $121,013
Total Net Assets Fund Balance$933,088$1,054,101▲ $121,013
Total Liabilities and Net Assets / Fund Balance$933,088$1,054,101▲ $121,013
Compensation and Service Providers
Top Officer Pay37th percentile

Board Members and Trustees

NameTitle
Mike BurrisDirector
Mary HarperOfficer
Phillip NixOfficer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$0
Investment Income
$19,786
Other Revenue
$0
Change in Net Assets
$9,094
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$7,992
Other Expenses$2,700
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$7,992--$7,992
Fees for Service Investment Mgmnt Fees-$2,700-$2,700
Total Functional Expenses$7,992$2,700$0$10,692
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
MalveHSC LibraryMalvern, AR-funds prog$7,992
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
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
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
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No
Filing and Contact Details

Filer

Filer Name
Malvern Hsc Library Foundation
EIN
71-0831433
Address
202 EAST THIRD STREET, MALVERN, AR 72104

Signing Officer

Name
Phillip Nix
Title
Chairman
Signed
2021-05-12
Discuss with paid preparer
No

Organization Details

Principal Officer
Phillip Nix
Voting Board Members
6
Independent Board Members
5
Employees
0
Volunteers
6

Preparer

Firm
Jerry Dodd
Address
700 KIRKPATRICK RD, MALVERN, AR 72104
Preparer
Jerry Dodd
Phone
5013327173
Supplemental Narrative

Additional Explanations

Upon Request, Governing Documents, Conflict of Interest

“Policy, and financial statements are available to public in accordance section c. Disclosure, line 19.”

Raw XML Appendix256 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.

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Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

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

Open filing
Assets
$1,054,101
Liabilities
$0
Net assets
$1,054,101
Revenue
$19,786
Expenses
$10,692
Net income
$9,094
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2021Detailed filing. Detailed filing data is available for this year.$1.12$0.00$1.12$0.01$0.03$0.02
2020Detailed filing. Detailed filing data is available for this year.$1.05$0.00$1.05$0.02$0.01$0.01