Libraries Of Love is located in Round Rock, TX. The organization was established in 2005. According to its NTEE Classification (B12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Libraries Of Love 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 07/2023, Libraries Of Love generated $175.2k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 10.0% each year. All expenses for the organization totaled $143.7k during the year ending 07/2023. While expenses have increased by 10.7% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
LIBRARIES OF LOVE HAS PROVIDED 52 LIBRARIES IN SCHOOLS AND 3 IN PRISONS. THE ORGANIZATION ALSO HAS 13 UNIVERSITY GRADUATES WITH 60 STUDENTS SPONSORED AT PRESENT, WITH 15 OF THOSE STUDENTS IN COLLEGE. THE HUMANITARIAN AID HAS INCLUDED HELPING WITH HOSPITAL CARE, FOOD, CLOTHING, AND OTHER BASIC NECESSITIES.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Trudy Marshall Executive Di | 25 | $0 | |
Donita Ortega Director | 5 | $0 | |
Ed Roach Director | 5 | $0 | |
Jim Matthews Director | 5 | $0 | |
Dave Robertson Director | 5 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $172,712 |
Total Program Service Revenue | $0 |
Membership dues | $0 |
Investment income | $0 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $2,469 |
Other Revenue | $0 |
Total Revenue | $175,181 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $0 |
Salaries, other compensation, and employee benefits | $0 |
Professional fees and other payments to independent contractors | $500 |
Occupancy, rent, utilities, and maintenance | $0 |
Printing, publications, postage, and shipping | $14,271 |
Other expenses | $128,879 |
Total expenses | $143,650 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $111,042 |
Other assets | $0 |
Total assets | $111,042 |
Total liabilities | $0 |
Net assets or fund balances | $111,042 |