Pope Memorial Library FY2022 filing

Tax-deductible

North Conway, NH501(c)(3)EIN 02-0243058Revenue $2.3M in FY2022

On file with the IRSpopelibrarynh.org2719 White Mountain Highway, 03860-0000 · North Conway, NHTax-exempt since Aug 1994Publicly supported charity — 170(b)(1)(A)(vi)

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The organization is a public Library for the residents of the town of conway, NH.

501(c)(3) charity; gifts are tax-deductible.
82¢ of each $1 spent went to programs.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX

Before you give

FY2022 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
3 of 5
filings with a surplus
Average surplus $881K a year · 73% of revenue · last 5 filings
Worth a look: a surplus in 3 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
82%
of spending
Looks good: 82% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Cash reserves
<1 mo
of spending, in cash
Worth a look: 0.5 months of spending in cash; under 1.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $15K
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$44K
0.6% of total assets
Looks good: liabilities are 1% of assets; 50% or less.
Pt X · Ln 26
Independent board members
9
of 9 voting members
Looks good: 9 of 9 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$2.3M
+251% vs prior year
Spent
$384K
To programs
82%
Net assets
$7.2M
By yearFY2020–FY2024
Revenue
$2.3M
FY2022▲ +251%
Tap a bar for its year
Revenue by fiscal year
FY2020$2.6M
FY2021$642K
FY2022$2.3M
FY2023$256K
FY2024$320K
Expenses
$384K
FY2022▲ +8%
Tap a bar for its year
Expenses by fiscal year
FY2020$163K
FY2021$357K
FY2022$384K
FY2023$357K
FY2024$409K
Net assets
$7.2M
FY2022▲ +27%
Tap a bar for its year
Net assets by fiscal year
FY2020$5.3M
FY2021$5.6M
FY2022$7.2M
FY2023$7.5M
FY2024$7.8M

From the FY2022 Form 990 · see the original

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You’re viewing the FY2022 filing — not the latest on file. See the latest (FY2024) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Aug 1994.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

82 cents of each dollar spent went to programs.

Program services 82% · $316K Management & general 17% · $64K Fundraising 1% · $5K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

9 people listed on the 990.

Part VII, Section A · reportable compensation
President
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Vice President
$0Pt VII · Sec A
$0Pt VII · Sec A
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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes

Programs and updates

Provides books, resources, and community programs for Conway, NH residents.

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Provided by the organization

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1 program · $316K · in their own filed words · FY2022
01

The organization is a public library offering books and reading materials free of charge to residents of conway, NH and surrounding towns in the mount washington valley. It serves as an informational resource for educational, recreational, and referential use as well as aids in the preservation and transmission of the area's knowledge…

$316Kprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · funders on record
Grants received · FY2024
Total grants receivedfrom 1 funder$15K

By the numbers

The FY2022 990, line by line.

1The main four
Money inPt VIII
$2.3M
Ln 12
Gifts and grantsLn 1h$2.2M
Investment incomeLn 3$52K
Fees for servicesLn 2g$19K
Money outPt IX
$384K
Ln 25
Programscol B$316K
Managementcol C$64K
Fundraisingcol D$5K
Owns and owesPt X
$7.2M
net assets · Ln 32
Cash and savingsLn 1–2$17K
Total assetsLn 16$7.2M
LiabilitiesLn 26$44K
PeoplePt VI, VII
9
listed · VII A
PaidVII A0
Voting boardVI 1a9
IndependentVI 1b9
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$2.2M
Government grantsLn 1e$10K
Fees for servicesLn 2g$19K
Investment incomeLn 3$52K
Gains on assetsLn 7$2K
Total revenueLn 12$2.3M
Assets in detailPt X, end of year
CashLn 1$7K
SavingsLn 2$10K
Cash and savings togetherLn 1–2$17K
InvestmentsLn 11–13$3.2M
Land, buildings, equipmentLn 10c$4.0M
Total assetsLn 16$7.2M
LiabilitiesLn 26$44K
Net assetsLn 32$7.2M
OperationsPt I, VI
EmployeesI 58
VolunteersI 625
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13No
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY22End FY22
Cash and savingsLn 1–2$67K$17K
InvestmentsLn 11–13$1.6M$3.2M
Land, buildings, equipmentLn 10c$4.1M$4.0M
Total assetsLn 16$5.7M$7.2M
LiabilitiesLn 26$82K$44K
Net assetsLn 32$5.6M$7.2M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Other salaries and wagesLn 7$129K$110K$19K
Pension plan contributionsLn 8$7K$5K$2K
Other employee benefitsLn 9$1K$837$279
Payroll taxesLn 10$10K$9K$1K
Legal feesLn 11b$824$824
Accounting feesLn 11c$8K$8K
Investment management feesLn 11f$20K$20K
Advertising and promotionLn 12$2K$1K$930
Office expensesLn 13$2K$2K
Information technologyLn 14$4K$3K$764
OccupancyLn 16$33K$30K$3K
InterestLn 20$2K$2K
Depreciation, depletion and amortizationLn 22$116K$116K
InsuranceLn 23$7K$7K$616
Other expenses (24a–d)Ln 24$39K$31K$3K$5K
All other expensesLn 24e$2K$2K$513
Total functional expensesLn 25$384K$316K$64K$5K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest $320K$409K−$88K$7.8M 990 PDF
FY2023 $256K$357K−$101K$7.5M 990 PDF
FY2022 Viewing $2.3M$384K$1.9M$7.2M 990 PDF
FY2021 $642K$357K$286K$5.6M 990 PDF
FY2020 $2.6M$163K$2.4M$5.3M 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2022 990 (6 parts)
Part I · Summary $2,252,957 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $493,977$2,181,585
I-9 Program service revenuePrior year $15,094$18,914
I-10 Investment incomePrior year $133,372$52,458
I-11 Other revenuePrior year $0$0
I-12 Total revenuePrior year $642,443$2,252,957
I-13 Grants and similar amounts paidPrior year $0$0
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $126,056$147,405
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $230,692$236,701
I-18 Total expensesPrior year $356,748$384,106
I-19 Revenue less expensesPrior year $285,695$1,868,851
Part VI · Governance 9 of 9 board members independent, 2 to look at
VI-1a Voting members of the governing body9
VI-1b Independent voting members9
VI-13 Written whistleblower policyNo
VI-14 Document retention and destruction policyNo
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $2,252,957 across 7 lines filed
VIII-1e Government grants$10,000
VIII-1f All other contributions, gifts and grants$2,171,585
VIII-1h Total contributions, gifts and grants$2,181,585
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $18,914$18,914
VIII-3 Investment incomeExcluded from tax $50,353$50,353
VIII-7 Net gain or loss on sales of assetsExcluded from tax $2,105$2,105
VIII-12 Total revenueRelated to mission $18,914 · Unrelated business $0 · Excluded from tax $52,458$2,252,957
Part IX · Statement of functional expenses $384,106 across 16 lines filed
IX-7 Other salaries and wagesPrograms $109,532 · Management $19,489$129,021
IX-8 Pension plan contributionsPrograms $5,400 · Management $1,800$7,200
IX-9 Other employee benefitsPrograms $837 · Management $279$1,116
IX-10 Payroll taxesPrograms $8,759 · Management $1,309$10,068
IX-11b Legal feesManagement $824$824
IX-11c Accounting feesManagement $8,124$8,124
IX-11f Investment management feesManagement $20,408$20,408
IX-12 Advertising and promotionPrograms $1,041 · Management $930$1,971
IX-13 Office expensesManagement $2,067$2,067
IX-14 Information technologyPrograms $3,055 · Management $764$3,819
IX-16 OccupancyPrograms $30,073 · Management $3,342$33,415
IX-20 InterestPrograms $1,911$1,911
IX-22 Depreciation, depletion and amortizationPrograms $115,814$115,814
IX-23 InsurancePrograms $6,712 · Management $616$7,328
IX-24 Other expenses (24a–d)Programs $30,818 · Management $3,221 · Fundraising $4,605$38,644
IX-24e All other expensesPrograms $1,863 · Management $513$2,376
IX-25 Total functional expensesPrograms $315,815 · Management $63,686 · Fundraising $4,605$384,106
Part X · Balance sheet $7,205,986 assets, 11 lines filed
X-1 Cash, non-interest-bearingStart of year $17,670$7,486
X-2 Savings and temporary cash investmentsStart of year $49,515$9,632
X-10c Land, buildings and equipment, netStart of year $4,058,525$3,967,272
X-11 Publicly traded securitiesStart of year $1,587,609$3,221,596
X-16 Total assetsStart of year $5,713,319$7,205,986
X-17 Accounts payable and accrued expensesStart of year $9,278$12,634
X-26 Total liabilitiesStart of year $82,179$44,059
X-27 Net assets without donor restrictionsStart of year $5,631,140$5,238,634
X-28 Net assets with donor restrictions$1,923,293
X-32 Total net assets or fund balancesStart of year $5,631,140$7,161,927
X-33 Total liabilities and net assetsStart of year $5,713,319$7,205,986
Part XI · Reconciliation of net assets $7,161,927 net assets at year end
XI-1 Total revenue$2,252,957
XI-2 Total expenses$384,106
XI-3 Revenue less expenses$1,868,851
XI-4 Net assets at start of year$5,631,140
XI-5 Net unrealized gains (losses) on investments−$338,064
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$7,161,927

Form 990 e-file (XML) FY2022 from the IRS · Classification, formation year and address from the IRS Business Master File

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