Civic Intelligence

Teton County Library Foundation and Friends Inc.

990 • Fiscal year 2016 • EIN 74-2308826

Jul 01, 2015 to Jun 30, 2016 • Filed on Feb 24, 2017

PO Box 1629Jackson, WY 83001

(307) 733-2164

Siviq Scores

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

Liabilities / Assets

10th percentile

0.00x

Higher debt load relative to assets than 10% of similar nonprofits.

2016 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2016

Liabilities / Revenue

13th percentile

0.02x

Higher debt load relative to revenue than 13% of similar nonprofits.

2016 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2016

Net Margin

82nd percentile

23%

Higher net margin than 82% of similar nonprofits.

2016 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2016

Top Officer Pay

39th percentile

$97,359

Higher top officer pay than 39% of similar nonprofits.

Top officer pay equals 15.0% of source-year revenue.

2016 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2016

Asset Growth

22nd percentile

-3.9%

Faster asset growth than 22% of similar nonprofits.

2016 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2015 to 2016

Revenue Growth

3rd percentile

-64%

Faster revenue growth than 3% of similar nonprofits.

2016 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2015 to 2016

Assets

Down

$5,834,539

Down $236,867 (-3.9%) from 2015

Net Assets

Down

$5,822,878

Down $161,626 (-2.7%) from 2015

Liabilities

Down

$11,661

Down $75,241 (-87%) from 2015

Revenue

Down

$648,147

Down $1,144,506 (-64%) from 2015

Expenses

Down

$500,918

Down $40,197 (-7.4%) from 2015

Net Income

Down

$147,229

Down $1,104,309 (-88%) from 2015

Historical Trend

Balance Sheet Trend

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

$10M$5.0M$0Assets 2010: $2,183,820Liabilities 2010: $31,618Net Assets 2010: $2,152,2022010Assets 2011: $2,495,065Liabilities 2011: $10,450Net Assets 2011: $2,484,6152011Assets 2012: $2,627,035Liabilities 2012: $24,522Net Assets 2012: $2,602,5132012Assets 2013: $2,968,656Liabilities 2013: $21,656Net Assets 2013: $2,947,0002013Assets 2014: $5,340,844Liabilities 2014: $18,604Net Assets 2014: $5,322,2402014Assets 2015: $6,071,406Liabilities 2015: $86,902Net Assets 2015: $5,984,5042015Assets 2016: $5,834,539Liabilities 2016: $11,661Net Assets 2016: $5,822,8782016Assets 2017: $6,432,444Liabilities 2017: $13,240Net Assets 2017: $6,419,2042017Assets 2018: $6,997,797Liabilities 2018: $29,971Net Assets 2018: $6,967,8262018Assets 2019: $7,286,135Liabilities 2019: $37,515Net Assets 2019: $7,248,6202019Assets 2020: $7,329,724Liabilities 2020: $25,396Net Assets 2020: $7,304,3282020Assets 2021: $9,237,372Liabilities 2021: $55,908Net Assets 2021: $9,181,4642021Assets 2022: $8,349,565Liabilities 2022: $66,002Net Assets 2022: $8,283,5632022Assets 2023: $8,982,051Liabilities 2023: $77,652Net Assets 2023: $8,904,3992023

Highlighted filing

2016

Assets$5,834,539
Liabilities$11,661
Net Assets$5,822,878

Operations Trend

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

$3.0M$2.0M$1.0M$0Expenses 2010: $490,0462010Revenue 2011: $484,875Expenses 2011: $410,597Net Income 2011: $74,2782011Expenses 2012: $558,9692012Expenses 2013: $760,7612013Revenue 2014: $2,699,237Expenses 2014: $499,749Net Income 2014: $2,199,4882014Revenue 2015: $1,792,653Expenses 2015: $541,115Net Income 2015: $1,251,5382015Revenue 2016: $648,147Expenses 2016: $500,918Net Income 2016: $147,2292016Revenue 2017: $587,038Expenses 2017: $571,772Net Income 2017: $15,2662017Revenue 2018: $949,962Expenses 2018: $580,094Net Income 2018: $369,8682018Revenue 2019: $773,255Expenses 2019: $544,943Net Income 2019: $228,3122019Revenue 2020: $804,955Expenses 2020: $665,093Net Income 2020: $139,8622020Revenue 2021: $966,896Expenses 2021: $510,940Net Income 2021: $455,9562021Revenue 2022: $862,468Expenses 2022: $509,183Net Income 2022: $353,2852022Revenue 2023: $1,055,640Expenses 2023: $604,574Net Income 2023: $451,0662023

Highlighted filing

2016

Revenue$648,147
Expenses$500,918
Net Income$147,229
Jump To
Filing Snapshot
Filing Period
Jul 1, 2015 to Jun 30, 2016
Signed
Feb 24, 2017
Return Version
2015v3.0
Gross Receipts
$681,922
Mission and Program Overview

Mission

Our mission is to identify, sponsor, and generate financial support for programs and enhancements that enrich the offerings of the teton county wyoming public libraries.

The mission of the library foundation is to secure financial support to strengthen the library's role as our community's open door to a world of opportunity and fulfillment.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$666,755$745,758▲ $79,003
Cash and Non-Interest-Bearing Accounts$3,070$6,040▲ $2,970
Accounts Receivable-$426-
Total Assets$6,071,406$5,834,539▼ $236,867
Other Assets Total$5,401,581$5,082,315▼ $319,266
Liabilities
Other Liabilities$10,508$9,038▼ $1,470
Accounts Payable and Accrued Expenses$76,394$2,623▼ $73,771
Total Liabilities$86,902$11,661▼ $75,241
Net Assets / Fund Balance
Unrestricted Net Assets$3,066,999$3,063,407▼ $3,592
Permanently Rstr Net Assets$2,903,685$2,531,218▼ $372,467
Temporarily Rstr Net Assets$13,820$228,253▲ $214,433
Total Net Assets Fund Balance$5,984,504$5,822,878▼ $161,626
Total Liabilities and Net Assets / Fund Balance$6,071,406$5,834,539▼ $236,867

Asset Categories

AssetBook ValueDepreciationBasis
Other Assets Org$18,453--

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2015$5,401,581$38,993▼ $187,185$151,638$5,082,315
2014$4,851,675$652,000▼ $34,089$37,551$5,401,581
2013$2,463,924$2,064,334▲ $349,361$1,458$4,851,675
2012$1,839,067$527,700▲ $119,507$4,600$2,463,924
2011$2,038,310-▼ $101,645$81,400$1,839,067
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Pauline Towers-dykemanExecutive DiFT$85,078$12,281$97,359

Board Members and Trustees

NameTitle
Judith OpatrnyBoard Chair
Amy StaehrDirector
Andrea RosenthalDirector
Audrey HaganDirector
Jim GersackDirector
Jim MosesDirector
Karen TerraDirector
Lisa JohnsonDirector
Lynn WegnerDirector
Lannie HoglundDirector/ex
John BeckerEmeritus
Whiteley WheelerVP/secretary
Revenue and Support

Revenue Composition

Contributions and Grants
$492,624
Program Service Revenue
$0
Investment Income
$105,320
Other Revenue
$50,203
All Other Contributions
$238,294
Change in Net Assets
$147,229

Audited Revenue Reconciliation

Revenue per Audited Statements
$648,147
Revenue Not Reported on Form 990
$-294,516
Total Revenue per Audited Statements
$353,631
Total Revenue per Form 990
$648,147
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$322,380
Salaries, Compensation, and Employee Benefits$147,119
Total Fundraising Expense$41,650
Other Expenses$31,419
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$322,380--$322,380
Current Officers, Directors, Trustees, and Key Employees$73,874$5,029$18,456$97,359
Other Salaries and Wages$27,553$3,956$8,751$40,260
Payroll Taxes$7,037$620$1,843$9,500
Fees for Services Accounting-$7,109-$7,109
Office Expenses-$1,741$3,782$5,523
Conferences and Meetings-$4,807-$4,807
Fees for Services Other--$1,713$1,713
Insurance-$1,364-$1,364
Occupancy-$911-$911
Other Expenses-$819$7,105$819
Fees for Services Legal-$66-$66
Total Functional Expenses$430,844$28,424$41,650$500,918

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$515,257
Expenses per Audited Statements$500,918
Total Expenses per Form 990$500,918
Expenses Not Reported on Form 990$14,339
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Teton County LibraryJackson, WY-Library Operations$322,380
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$64,164
Fundraising Direct Expenses$14,340
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Four Seasons Pa$113,764$63,764$2,608$61,156
Author Receptio$24,400$400$486$-86
Total Events$138,164$64,164$14,340$49,824
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Payroll Liabilities$9,038
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 family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

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

Form 990 is reviewed in detail by board president and executive director.

Form 990, Page 6, Part VI, Line 12C

An annual review is conducted to identify potential conflicts.

Form 990, Page 6, Part VI, Line 15A

The executive director's salary and performance is reviewed and approved by the executive committee of the board, using comparable employment data.

Form 990, Page 6, Part VI, Line 19

The governing documents are made available upon request at the office of the foundation.

Filing and Contact Details

Filer

Filer Name
Teton County Library Foundation Inc
EIN
74-2308826
Phone
3077332164
Address
PO BOX 1629, JACKSON, WY 83001

Signing Officer

Name
Judith Opatrny
Title
Board Chair & Treasr
Phone
3077332164
Signed
2017-02-24
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Judith Opatrny
Formed
1982
Legal Domicile
Wy
Voting Board Members
11
Independent Board Members
11
Employees
3
Volunteers
45

Preparer

Firm
Sorensen & Flanagan LLC
Address
PO BOX 1845, JACKSON, WY 83001
Preparer
Patricia a Roser CPA
Phone
3077333938
Supplemental Narrative

Additional Explanations

Form 990, Part XI, Line 9

Fundraising expenses 14,339 fundraising expenses -14,339

Financial Statement Notes

Schedule D, Page 4, Part XI, Line 2D

Fundraising expenses 14,339

Schedule D, Page 4, Part XII, Line 2D

Fundraising expenses 14,339

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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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IRS990/MissionDesc0THE MISSION OF THE LIBRARY FOUNDATION IS TO SECURE FINANCIAL SUPPORT TO STRENGTHEN THE LIBRARY'S ROLE AS OUR COMMUNITY'S OPEN DOOR TO A WORLD OF OPPORTUNITY AND FULFILLMENT.
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IRS990/PrincipalOfficerNm0JUDITH OPATRNY
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IRS990/ProgSrvcAccomActy2Grp/Desc0THE LIBRARY FOUNDATION PURCHASES EQUIPMENT SUCH AS COMPUTERS (INCLUDING DESKTOP, LAPTOP, AND TABLET MODELS), PRINTERS, PROJECTORS, DISPLAY MONITORS, AND GAMING CONSOLES. IT ALSO PROVIDES UP-TO-DATE AUDIO-VISUAL SYSTEMS FOR THE LIBRARIES' AUDITORIUM SPACES. ALL ITEMS PURCHASED BY THE FOUNDATION ARE IMMEDIATELY DONATED TO THE LIBRARY.
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IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
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IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0LEGACY BEQUEST 1,890,000 LEGACY BEQUEST 650,000 LEGACY BEQUEST 53,200
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt1MISCELLANEOUS INCOME 984
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0SUPPORTING SCHEDULE
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc1PART II, LINE 10
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IRS990ScheduleD/OtherAssetsOrgGrp/Desc0AGENCY ENDOWMENT
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1TCLF PORTION
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IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0FUNDRAISING EXPENSES 14,339
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1FUNDRAISING EXPENSES 14,339
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE D, PAGE 4, PART XI, LINE 2D
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1SCHEDULE D, PAGE 4, PART XII, LINE 2D
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Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2023Summary only. Only limited summary data is available for this year.$8.98$0.08$8.90$1.06$0.60$0.45
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$8.35$0.07$8.28$0.86$0.51$0.35
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$9.24$0.06$9.18$0.97$0.51$0.46
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$7.33$0.03$7.30$0.80$0.67$0.14
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$7.29$0.04$7.25$0.77$0.54$0.23
2018Summary only. Only limited summary data is available for this year.$7.00$0.03$6.97$0.95$0.58$0.37
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$6.43$0.01$6.42$0.59$0.57$0.02
2016Detailed filing. Detailed filing data is available for this year.$5.83$0.01$5.82$0.65$0.50$0.15
2015Detailed filing. Detailed filing data is available for this year.$6.07$0.09$5.98$1.79$0.54$1.25
2014Detailed filing. Detailed filing data is available for this year.$5.34$0.02$5.32$2.70$0.50$2.20
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.97$0.02$2.95$0.76
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.63$0.02$2.60$0.56
2011Summary only. Only limited summary data is available for this year.$2.50$0.01$2.48$0.48$0.41$0.07
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.18$0.03$2.15$0.49