Civic Intelligence

Library Futures Foundation

990EZ • Fiscal year 2021 • EIN 85-2048410

Jan 01, 2021 to Dec 31, 2021 • Filed on Nov 14, 2022

Organization ProfileN/A
319 Main StreetBiddeford, ME 04005

(207) 415-5714

Siviq Scores

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

Liabilities / Assets

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on this filing.

Source year 2021

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on this filing.

Source year 2021

Net Margin

12th percentile

-44%

Higher net margin than 12% of similar nonprofits.

2021 filings • 501(c)4 • <$500k nonprofits • Source year 2021

Top Officer Pay

86th percentile

$0

Higher top officer pay than 86% of similar nonprofits.

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

2021 filings • 501(c)4 • <$500k nonprofits • Source year 2021

Asset Growth

2nd percentile

-97%

Faster asset growth than 2% of similar nonprofits.

2021 filings • 501(c)4 • <$500k nonprofits • Annualized from 2020 to 2021

Revenue Growth

68th percentile

16%

Faster revenue growth than 68% of similar nonprofits.

2021 filings • 501(c)4 • <$500k nonprofits • Annualized from 2020 to 2021

Balance Sheet
Liabilities / AssetsScore unavailable

Assets

Down

$1,285

Down $40,514 (-97%) from 2020

Net Assets

Down

$1,285

Down $40,514 (-97%) from 2020

Liabilities

-

No earlier filing loaded for comparison.

Revenue And Expenses
Liabilities / RevenueScore unavailableNet Margin12th percentile

Revenue

Up

$93,000

Up $12,900 (+16%) from 2020

Expenses

Up

$133,514

Up $95,213 (+249%) from 2020

Net Income

Down

-$40,514

Down $82,313 (-197%) from 2020

Historical Trend

Balance Sheet Trend

Asset Growth2nd percentile

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

$150K$100K$50K$0Assets 2020: $41,799Net Assets 2020: $41,7992020Assets 2021: $1,285Net Assets 2021: $1,2852021Assets 2022: $79,608Liabilities 2022: $3,374Net Assets 2022: $76,2342022Assets 2023: $116,614Liabilities 2023: $1,883Net Assets 2023: $114,7312023Assets 2024: $66,216Liabilities 2024: $780Net Assets 2024: $65,4362024

Highlighted filing

2021

Assets$1,285
Liabilities-
Net Assets$1,285
Open 2021 Filing

Operations Trend

Revenue Growth68th percentile

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

$150K$100K$50K$0-$50KRevenue 2020: $80,100Expenses 2020: $38,301Net Income 2020: $41,7992020Revenue 2021: $93,000Expenses 2021: $133,514Net Income 2021: -$40,5142021Revenue 2022: $100,030Expenses 2022: $25,105Net Income 2022: $74,9252022Revenue 2023: $100,000Expenses 2023: $61,503Net Income 2023: $38,4972023Revenue 2024: $100,000Expenses 2024: $149,295Net Income 2024: -$49,2952024

Highlighted filing

2021

Revenue$93,000
Expenses$133,514
Net Income-$40,514
Open 2021 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2021 to Dec 31, 2021
Signed
Nov 14, 2022
Return Version
2021v4.1
Gross Receipts
$93,000
Mission and Program Overview

Mission

To promote libraries and library functions in the digital world.

Program Services

DescriptionGrantsExpenses
Advance the charitable and educational interests of libraries and other institutions that seek to make digital content available and accessible as a public good.-$128,172
Compensation and Service Providers
Top Officer Pay86th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Kyle CourtneyChairman-$0--
Meikle HallSecretary-$0--
Heather JosephDirector-$0--
John ChrastkaDirector-$0--
Hillary BrillDirector-$0--
Filing and Contact Details

Filer

Filer Name
Library Futures Foundation
EIN
85-2048410
Phone
2074155714
Address
319 Main Street, Biddeford, ME 04005

Signing Officer

Name
Kyle Courtney
Title
Chairman
Signed
2022-11-14
Discuss with paid preparer
No

Preparer

Firm
Fontanello Duffield & Otake LLP
Address
44 Montgomery Street Suite 1305, San Francisco, CA 94104
Preparer
Erik Satow
Phone
4159830200
Supplemental Narrative

Additional Explanations

Other Expenses.1012

“Insurance $1023”

Other Expenses.1

“Bank Fees $480”

Other Expenses.2

“Books & Subscriptions $264”

Raw XML Appendix125 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.

Path#Value
IRS990EZ/ActivitiesNotPreviouslyRptInd0false
IRS990EZ/BooksInCareOfDetail/PersonNm0Meikle Hall
IRS990EZ/BooksInCareOfDetail/PhoneNum02074155714
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt0319 Main Street
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0Biddeford
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0ME
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd004005
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt041799
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt01285
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/ContributionsGiftsGrantsEtcAmt093000
IRS990EZ/CostOfGoodsSoldAmt00
IRS990EZ/CostOrOtherBasisExpenseSaleAmt00
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt0-40514
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt0131747
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt041799
IRS990EZ/Form990TotalAssetsGrp/EOYAmt01285
IRS990EZ/FundraisingGrossIncomeAmt00
IRS990EZ/GrossReceiptsAmt093000
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingOtherDesc0Modified Cash
IRS990EZ/NetAssetsOrFundBalancesBOYAmt041799
IRS990EZ/NetAssetsOrFundBalancesEOYAmt01285
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt041799
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt01285
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt01.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt11.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt21.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt31.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt41.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0Kyle Courtney
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1Meikle Hall
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2Heather Joseph
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3John Chrastka
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4Hillary Brill
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0Chairman
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1Secretary
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4Director
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501cInd0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherExpensesTotalAmt01767
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0To promote libraries and library functions in the digital world.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0Advance the charitable and educational interests of libraries and other institutions that seek to make digital content available and accessible as a public good.
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt0128172
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/SpecialEventsDirectExpensesAmt00
IRS990EZ/StatesWhereCopyOfReturnIsFldCd0DE
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TaxImposedOnOrganizationMgrAmt00
IRS990EZ/TaxImposedUnderIRC4911Amt00
IRS990EZ/TaxImposedUnderIRC4912Amt00
IRS990EZ/TaxImposedUnderIRC4955Amt00
IRS990EZ/TaxReimbursedByOrganizationAmt00
IRS990EZ/TotalExpensesAmt0133514
IRS990EZ/TotalProgramServiceExpensesAmt0128172
IRS990EZ/TotalRevenueAmt093000
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0N/A
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
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Insurance $1023
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Bank Fees $480
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Books & Subscriptions $264
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Other Expenses.1012
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Other Expenses.1
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Other Expenses.2
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/FederatedAssuranceLevelCd0FAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd02
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0false
ReturnHeader/BusinessOfficerGrp/PersonNm0Kyle Courtney
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Chairman
ReturnHeader/BusinessOfficerGrp/SignatureDt02022-11-14
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0Library Futures Foundation
ReturnHeader/Filer/BusinessNameControlTxt0LIBR
ReturnHeader/Filer/EIN0852048410
ReturnHeader/Filer/PhoneNum02074155714
ReturnHeader/Filer/USAddress/AddressLine1Txt0319 Main Street
ReturnHeader/Filer/USAddress/CityNm0Biddeford
ReturnHeader/Filer/USAddress/StateAbbreviationCd0ME
ReturnHeader/Filer/USAddress/ZIPCd004005
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0371420474
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Fontanello Duffield & Otake LLP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt044 Montgomery Street Suite 1305
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0San Francisco
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0CA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd094104
ReturnHeader/PreparerPersonGrp/PhoneNum04159830200
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Erik Satow
ReturnHeader/ReturnTs02022-11-14T17:25:27-08:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0Kyle
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0Courtney
ReturnHeader/TaxPeriodBeginDt02021-01-01
ReturnHeader/TaxPeriodEndDt02021-12-31
ReturnHeader/TaxYr02021

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2021 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$1,285
Liabilities
-
Net assets
$1,285
Revenue
$93,000
Expenses
$133,514
Net income
-$40,514
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$0.66$0.01$0.65$1.00$1.49$0.49
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.17$0.02$1.15$1.00$0.62$0.38
2022Detailed filing. Detailed filing data is available for this year.$0.80$0.03$0.76$1.00$0.25$0.75
2021Detailed filing. Detailed filing data is available for this year.$0.01$0.01$0.93$1.34$0.41
2020Detailed filing. Detailed filing data is available for this year.$0.42$0.42$0.80$0.38$0.42
Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 2021 filings • 501(c)4 • <$500k nonprofits