Civic Intelligence

Bainbridge Public Library Inc.

990 • Fiscal year 2020 • EIN 91-0757660

Jan 01, 2020 to Dec 31, 2020 • Filed on Jun 01, 2021

PO Box 11815Bainbridge Island, WA 98110

(206) 842-4162

Siviq Scores

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

Liabilities / Assets

11th percentile

0.00x

Higher debt load relative to assets than 11% of similar nonprofits.

2020 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2020

Liabilities / Revenue

15th percentile

0.02x

Higher debt load relative to revenue than 15% of similar nonprofits.

2020 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2020

Net Margin

74th percentile

19%

Higher net margin than 74% of similar nonprofits.

2020 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2020

Top Officer Pay

21st percentile

$0

Higher top officer pay than 21% of similar nonprofits.

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

2020 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2020

Asset Growth

44th percentile

4.2%

Faster asset growth than 44% of similar nonprofits.

2020 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2019 to 2020

Revenue Growth

62nd percentile

7.8%

Faster revenue growth than 62% of similar nonprofits.

2020 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2019 to 2020

Assets

Up

$6,117,018

Up $247,779 (+4.2%) from 2019

Net Assets

Up

$6,108,358

Up $307,887 (+5.3%) from 2019

Liabilities

Down

$8,660

Down $60,108 (-87%) from 2019

Revenue

Up

$388,495

Up $28,240 (+7.8%) from 2019

Expenses

Down

$315,585

Down $77,917 (-20%) from 2019

Net Income

Up

$72,910

Up $106,157 (+319%) from 2019

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: $3,826,811Liabilities 2011: $488,499Net Assets 2011: $3,338,3122011Assets 2012: $4,061,844Liabilities 2012: $446,743Net Assets 2012: $3,615,1012012Assets 2013: $4,235,591Liabilities 2013: $402,190Net Assets 2013: $3,833,4012013Assets 2014: $4,310,319Liabilities 2014: $354,654Net Assets 2014: $3,955,6652014Assets 2015: $4,281,801Liabilities 2015: $303,934Net Assets 2015: $3,977,8672015Assets 2016: $4,633,852Liabilities 2016: $249,817Net Assets 2016: $4,384,0352016Assets 2017: $5,942,353Liabilities 2017: $192,930Net Assets 2017: $5,749,4232017Assets 2018: $5,635,496Liabilities 2018: $133,456Net Assets 2018: $5,502,0402018Assets 2019: $5,869,239Liabilities 2019: $68,768Net Assets 2019: $5,800,4712019Assets 2020: $6,117,018Liabilities 2020: $8,660Net Assets 2020: $6,108,3582020Assets 2021: $6,679,181Liabilities 2021: $9,936Net Assets 2021: $6,669,2452021Assets 2022: $6,794,785Liabilities 2022: $9,936Net Assets 2022: $6,784,8492022Assets 2023: $7,335,954Liabilities 2023: $9,936Net Assets 2023: $7,326,0182023Assets 2024: $7,786,909Liabilities 2024: $9,546Net Assets 2024: $7,777,3632024

Highlighted filing

2020

Assets$6,117,018
Liabilities$8,660
Net Assets$6,108,358

Operations Trend

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

$1.5M$1.0M$500K$0-$500KExpenses 2011: $255,7312011Expenses 2012: $261,8742012Revenue 2013: $312,993Expenses 2013: $246,043Net Income 2013: $66,9502013Revenue 2014: $337,728Expenses 2014: $237,639Net Income 2014: $100,0892014Revenue 2015: $359,676Expenses 2015: $235,558Net Income 2015: $124,1182015Revenue 2016: $513,479Expenses 2016: $232,066Net Income 2016: $281,4132016Revenue 2017: $1,429,590Expenses 2017: $267,473Net Income 2017: $1,162,1172017Revenue 2018: $379,557Expenses 2018: $338,734Net Income 2018: $40,8232018Revenue 2019: $360,255Expenses 2019: $393,502Net Income 2019: -$33,2472019Revenue 2020: $388,495Expenses 2020: $315,585Net Income 2020: $72,9102020Revenue 2021: $569,196Expenses 2021: $252,982Net Income 2021: $316,2142021Revenue 2022: $1,085,996Expenses 2022: $327,040Net Income 2022: $758,9562022Revenue 2023: $547,522Expenses 2023: $359,847Net Income 2023: $187,6752023Revenue 2024: $569,483Expenses 2024: $356,084Net Income 2024: $213,3992024

Highlighted filing

2020

Revenue$388,495
Expenses$315,585
Net Income$72,910
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
Jun 1, 2021
Return Version
2020v4.1
Gross Receipts
$533,597
Mission and Program Overview

Mission

The organization's primary mission is to operate and maintain the bainbridge public library building and grounds and to ensure a vibrant public library on bainbridge island.

The organization's mission is to ensure a vibrant community space dedicated to the joy of reading, the discovery of ideas, and the power of information by owning, operating and maintaining the library building and grounds. The facilities were donated by the people of bainbridge island in 1961 and continue to be funded by contributions raised through efforts of the board of directors. The library is operated by kitsap regional library, a separate independent organization, which provides materials, staff, and technical and administrative support.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$3,209,635$3,115,616▼ $94,019
Investments Other Securities$1,166,960$1,292,752▲ $125,792
Savings and Temporary Cash Investments$158,587$167,040▲ $8,453
Cash and Non-Interest-Bearing Accounts$29,975$23,827▼ $6,148
Total Assets$5,869,239$6,117,018▲ $247,779
Other Assets Total$1,304,082$1,517,783▲ $213,701
Liabilities
Mortgage Notes Payable Secured by Investment Property$57,057--
Accounts Payable and Accrued Expenses$11,711$8,660▼ $3,051
Total Liabilities$68,768$8,660▼ $60,108
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$4,986,137$5,242,358▲ $256,221
Net Assets With Donor Restrictions$814,334$866,000▲ $51,666
Total Net Assets Fund Balance$5,800,471$6,108,358▲ $307,887
Total Liabilities and Net Assets / Fund Balance$5,869,239$6,117,018▲ $247,779

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$2,122,443$2,038,516$4,160,959
Land$867,928-$867,928
Equipment$109,351$372,082$481,433
Other Land Buildings$15,894$48,138$64,032
Other Assets Org$1,515,885--
Other Securities$65,286--

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2020$1,301,625$49,000▲ $165,260-$1,515,885
2019$1,018,846$77,000▲ $206,779-$1,301,625
2018$1,026,425$87,000▼ $92,579-$1,018,846
2017$862,793$24,000▲ $141,382-$1,026,425
2016$779,061-▲ $83,732-$862,793
Compensation and Service Providers

Board Members and Trustees

NameTitle
Carol SchuylerPresident
Katherine BollesVice President
Bruce WhiteBoard Member
Caryl GroschBoard Member
Denton KiehleBoard Member
Elizabeth CromwellBoard Member
Kip BankartBoard Member
Lynn McintyreBoard Member
Rachelle CastleberryBoard Member
Trese WilliamsonBoard Member
Walter YundBoard Member
Charles BrowneSecretary
Eric WeissmanTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$312,915
Program Service Revenue
$0
Investment Income
$72,718
Other Revenue
$2,862
All Other Contributions
$312,915
Change in Net Assets
$72,910
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$315,585
Total Fundraising Expense$2,356
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Depreciation Depletion$157,236--$157,236
Occupancy$25,564--$25,564
Fees for Services Other$537$12,540$795$13,872
Insurance$7,622--$7,622
All Other Expenses$3,279$1,092-$4,371
Other Expenses$2,627$3,614-$2,627
Advertising--$1,094$1,094
Office Expenses$882-$75$957
Information Technology-$450$309$759
Fees for Services Management$41$74$83$198
Total Functional Expenses$295,459$17,770$2,356$315,585
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$4,103
Fundraising Direct Expenses$3,167
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
Yes
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

Governance Explanations

Form 990, Part VI, Section B, Line 11B

A copy of the completed form 990 and form 990-t are distributed to all board members for their review prior to filing.

Form 990, Part VI, Section B, Line 12C

The board monitors and enforces compliance with conflict of interest policy through the bpl code of ethics which details directors and officers' obligations regarding a conflict of interest. All board members receive a copy of the code of ethics which they must agree to sign acknowledging their agreement with the conflict of interest policy.

Form 990, Part VI, Section C, Line 19

The governing documents, conflict of interest policy, and financial statements are available to the public upon request.

Filing and Contact Details

Filer

Filer Name
Bainbridge Public Library
EIN
91-0757660
Phone
2068424162
Address
PO BOX 11815, BAINBRIDGE ISLAND, WA 98110

Signing Officer

Name
Eric R Weissman
Title
Board Treasurer
Phone
2068424162
Signed
2021-06-01
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Eric R Weissman
Formed
1960
Legal Domicile
Wa
Voting Board Members
13
Independent Board Members
13
Employees
0
Volunteers
48

Preparer

Firm
Hearthstone CPA Group Ps
Address
4312 KITSAP WAY SUITE 102, BREMERTON, WA 98312
Preparer
Mike Lind CPA
Phone
3604794611
Supplemental Narrative

Additional Explanations

Form 990, Part XII, Line 1

Bainbridge public library uses modified cash basis of accounting. No change from prior year.

FORM 990, PART XII, LINE 2C:

The process has not changed from the prior year.

Financial Statement Notes

PART X, LINE 2:

The organization has analyzed the tax positions taken in its filing with the internal revenue service and state jurisdictions where it operates. The organization believes that its income tax filing positions will be sustained upon examination and does not anticipate any adjustments that would result in a material adverse effect on the organization's financial condition, results of operations or cash flows. Accordingly, the organization has not recorded any reserve, or related accruals for interest and penalties for uncertain income tax at december 31, 2020. The organization is subject to routine audits by taxing jurisdictions; however, there are currently no audits for any tax periods in progress. The organization believes that it is no longer subject to tax examinations for the years prior to 2017.

Part III, Line 3 and Part III, Line 4

Part iii,3(a): the organization's collections consist of donated artwork. It is the organization's policy not to recognize its collections as assets in the financial statements. Part iii, 4: the organization's collections consist of haiku no niwa garden; bay otters (bronze sculpture); birds in flight (wood and steel bench); the memory of the world (cast bronze medallions); untitled (bench of concrete and found objects); the waiting bench (made from trees on the site); untitled (glass, copper and wood door); untitled (oil painting and cast glass ceiling); reading hands (metal computer-back screens); mandorla and elipse (gut and found objects); galilea (gut and found objects); wildflower bouquet (watercolor); blue sea (oil/tempera); the cornerstone( carved granidiorite found on site); contemplating bainbridge island under a blue moon (watercolor assemblage); alpental 2 (black and white photograph); sea form set (glass sculpture); welcome wagon quilt; dedicated to the vision of dr. And mrs. James hodges (black and white photo portraits); untitled totem pole; puzzle tables; a rainbow of six story stools; reading sofa; parade of the elements (shadowbox painting); untitled (etched glass panels); glassabet (fused glass tiles); fanciful step stools: fresh fish and carmen miranda); peaceable kingdom print; aquarium; a history of bainbridge island (map quilt). The collection furthers our exempt purpose in that the items are displayed to and used by the public and are preserved for future generations. Part v, 4: the intended use of the income from the friends of the library endowment is to help support programs, services, physical expansion of facilities, and operational expenses of the bainbridge island public library. The intended use of the cynthia harrison endowment fund is to provide annual awards for tuition and related educational expenses for employees of kitsap regional library or kitsap regional library volunteers to support/further their education.

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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/OtherExpensesGrp/Desc0REPAIR & MAINTENANCE
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IRS990/OtherRevenueMiscGrp/Desc0LIBRARY BOARDROOM RENT
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IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PoliticalCampaignActyInd00
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IRS990/ProfessionalFundraisingInd00
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0270696
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
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IRS990/PYTotalProfFndrsngExpnsAmt00
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IRS990/QuidProQuoContributionsInd00
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IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
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IRS990/ReportInvestmentsOtherSecInd01
IRS990/ReportLandBuildingEquipmentInd01
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IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
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IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt0276142
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt0277990
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt0446980
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IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt069594
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IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt065823
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IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt0676
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt0676
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt056337
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt067275
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt069594
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt079403
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt065823
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt0338432
IRS990ScheduleA/InvestmentIncomeCYPct00.17590
IRS990ScheduleA/InvestmentIncomePYPct00.17870
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.82410
IRS990ScheduleA/PublicSupportPY509Pct00.82130
IRS990ScheduleA/PublicSupportTotal509Amt01585399
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
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IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0270696
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0276142
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0277990
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IRS990ScheduleA/Total509Grp/TotalAmt01585399
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0369252
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0337971
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IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0357393
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0513479
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt01923831
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
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IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/AgentTrusteeEtcInd00
IRS990ScheduleD/BuildingsGrp/BookValueAmt02122443
IRS990ScheduleD/BuildingsGrp/DepreciationAmt02038516
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt04160959
IRS990ScheduleD/CollectionUsedPreservationInd0X
IRS990ScheduleD/CollectionUsedPubExhibitionInd0X
IRS990ScheduleD/CYEndwmtFundGrp/BeginningYearBalanceAmt01301625
IRS990ScheduleD/CYEndwmtFundGrp/ContributionsAmt049000
IRS990ScheduleD/CYEndwmtFundGrp/EndYearBalanceAmt01515885
IRS990ScheduleD/CYEndwmtFundGrp/InvestmentEarningsOrLossesAmt0165260
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/BeginningYearBalanceAmt01018846
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IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/EndYearBalanceAmt01301625
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/GrantsOrScholarshipsAmt01000
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0206779
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/BeginningYearBalanceAmt01026425
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/ContributionsAmt087000
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/EndYearBalanceAmt01018846
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/GrantsOrScholarshipsAmt02000
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IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/AdministrativeExpensesAmt01750
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/BeginningYearBalanceAmt0862793
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/ContributionsAmt024000
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/EndYearBalanceAmt01026425
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0141382
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/BeginningYearBalanceAmt0779061
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/EndYearBalanceAmt0862793
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt083732
IRS990ScheduleD/EndowmentsHeldRelatedOrgInd00
IRS990ScheduleD/EndowmentsHeldUnrelatedOrgInd00
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IRS990ScheduleD/EquipmentGrp/DepreciationAmt0372082
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0481433
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LandGrp/BookValueAmt0867928
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0867928
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt01898
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt11515885
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0MEMORIAL AND SCULPTURES

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.$7.79$0.01$7.78$0.57$0.36$0.21
2023Detailed filing. Detailed filing data is available for this year.$7.34$0.01$7.33$0.55$0.36$0.19
2022Detailed filing. Detailed filing data is available for this year.$6.79$0.01$6.78$1.09$0.33$0.76
2021Detailed filing. Detailed filing data is available for this year.$6.68$0.01$6.67$0.57$0.25$0.32
2020Detailed filing. Detailed filing data is available for this year.$6.12$0.01$6.11$0.39$0.32$0.07
2019Detailed filing. Detailed filing data is available for this year.$5.87$0.07$5.80$0.36$0.39$0.03
2018Detailed filing. Detailed filing data is available for this year.$5.64$0.13$5.50$0.38$0.34$0.04
2017Detailed filing. Detailed filing data is available for this year.$5.94$0.19$5.75$1.43$0.27$1.16
2016Detailed filing. Detailed filing data is available for this year.$4.63$0.25$4.38$0.51$0.23$0.28
2015Detailed filing. Detailed filing data is available for this year.$4.28$0.30$3.98$0.36$0.24$0.12
2014Detailed filing. Detailed filing data is available for this year.$4.31$0.35$3.96$0.34$0.24$0.10
2013Detailed filing. Detailed filing data is available for this year.$4.24$0.40$3.83$0.31$0.25$0.07
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.06$0.45$3.62$0.26
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.83$0.49$3.34$0.26