Cooperative Libraries Automated Network
- Assets
- $2.3m
- Revenue
- $2.2m
- Investments
- $0.0
- Employees
- 11
- Location
- Warwick, RI
- Founding
- 03/1993
- Data as of
- 06/2021
- EIN
- 05-0465916
Organization Overview
Cooperative Libraries Automated Network, operating under the name Ocean State Libraries, is located in Warwick, RI. The organization was established in 1993. According to its NTEE Classification (B02) the organization is classified as: Management & Technical Assistance, under the broad grouping of Education and related organizations. As of 06/2021, Ocean State Libraries employed 11 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Ocean State Libraries is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2021, Ocean State Libraries generated $2.2m in total revenue. The organization has seen a slow decline revenue. Over the past 6 years, revenues have fallen by an average of 0.0% each year. All expenses for the organization totaled $2.0m during the year ending 06/2021. As we would expect to see with falling revenues, expenses have declined by (3.1%) per year over the past 6 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
COOPERATING LIBRARIES AUTOMATED NETWORK (CLAN) IS A NON PROFIT NETWORK OF 49 PUBLIC LIBRARIES IN RI ESTABLISHED TO PROVIDE STATEWIDE SHARING OF LIBRARY MATERIALS AND ACCESS TO SHARED RESOURCES AND TECHNOLOGY SUPPORT AND TO BENEFIT THE LIBRARIES AND THE CITIZENS OF RHODE ISLAND.
Describe the Organization's Program Activity:
Part 3 - Line 4a
MEMBERS ARE RHODE ISLAND LIBRARIES WHO SHARE A DATABASE AND COMMUNICATIONS NETWORK TO PROVIDE INFORMATION TO LIBRARY PATRONS THROUGH A SHARED BIBLIOGRAPHIC DATABASE, CIRCULATION SYSTEM, ON-LINE CATALOGING, INTERNET ACCESS, AND RELATED SERVICES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Stephen Spohn Executive Director | Officer | 37.5 | $114,423 |
Catherine Damiani President | OfficerTrustee | 3 | $0 |
Cheryl Space Vice President | OfficerTrustee | 2 | $0 |
Joseph Logue Past President | OfficerTrustee | 2 | $0 |
Laurel Clark Treasurer | OfficerTrustee | 2 | $0 |
Megan Weeden Secretary | OfficerTrustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $1,950,443 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $165,723 |
| All other contributions, gifts, grants, and similar amounts not included above | $8,148 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,124,314 |
| Total Program Service Revenue | $34,126 |
| Investment income | $75 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,162,450 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $114,423 |
| Compensation of current officers, directors, key employees. | $11,442 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $598,965 |
| Pension plan accruals and contributions | $36,470 |
| Other employee benefits | $193,147 |
| Payroll taxes | $54,142 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $14,932 |
| Advertising and promotion | $0 |
| Office expenses | $32,852 |
| Information technology | $800,187 |
| Royalties | $0 |
| Occupancy | $91,453 |
| Travel | $5,458 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $5,529 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $32,143 |
| Insurance | $8,982 |
| All other expenses | $0 |
| Total functional expenses | $2,029,664 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $471,147 |
| Savings and temporary cash investments | $1,387,231 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $59,394 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $185,190 |
| Net Land, buildings, and equipment | $215,901 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $2,318,863 |
| Accounts payable and accrued expenses | $61,249 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $61,249 |
| Net assets without donor restrictions | $1,983,483 |
| Net assets with donor restrictions | $274,131 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $2,318,863 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Cooperative Libraries Automated Network has recieved totaling $2,000.
| Awarding Organization | Amount |
|---|---|
Island Foundation Inc Marion, MA PURPOSE: PENZANCE | $1,000 |
Island Foundation Inc Marion, MA PURPOSE: PENZANCE | $1,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Bes Inc Boston, MA | $9,472,977 | $7,138,485 |
Capital Preparatory Schools Incorporated Bridgeport, CT | $4,972,601 | $3,901,459 |
Blueprint Schools Network Inc Needham, MA | $3,399,810 | $5,269,995 |
C W Mars Inc Worcester, MA | $3,743,677 | $3,516,194 |
The Boston Consortium For Higher Education Inc Auburndale, MA | $1,949,553 | $2,601,526 |
Merrimack Valley Library Consortium Inc North Andover, MA | $1,062,073 | $2,531,780 |
Cooperative Libraries Automated Network Warwick, RI | $2,318,863 | $2,162,450 |
Learnlaunch Inc Boston, MA | $877,051 | $1,753,714 |
Fishtank Learning Inc Boston, MA | $1,462,120 | $1,911,332 |
Teach Western Mass Inc Springfield, MA | $1,541,949 | $1,459,675 |
Library Connection Inc Windsor, CT | $2,421,525 | $1,198,193 |
Boston Library Consortium Franklin, MA | $1,028,614 | $815,818 |