Libraries Of Love
- Assets
- $79.5k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Round Rock, TX
- Founding
- 10/2005
- Data as of
- 07/2022
- EIN
- 05-0625610
Organization Overview
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 07/2022, Libraries Of Love generated $136.7k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 6.1% each year. All expenses for the organization totaled $143.0k during the year ending 07/2022. While expenses have increased by 10.6% 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
2022
Describe the Organization's Program Activity:
Part 3
LIBRARIES OF LOVE HAS PROVIDED 45 LIBRARIES IN SCHOOLS AND 3 IN PRISONS. THE ORGANIZATION ALSO HAS 13 UNIVERSITY GRADUATES WITH 52 STUDENTS SPONSORED AT PRESENT. THE HUMANITARIAN AID HAS INCLUDED HELPING WITH HOSPITAL CARE, FOOD, CLOTHING, AND OTHER BASIC NECESSITIES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Donita Ortega Director | 5 | $0 | |
Trudy Marshall Executive Di | 25 | $0 | |
Jim Matthews Director | 5 | $0 | |
Ed Roach Director | 5 | $0 | |
Dave Robertson Director | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $135,271 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $798 |
| Other Revenue | $583 |
| Total Revenue | $136,652 |
| 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 | $12,516 |
| Other expenses | $129,938 |
| Total expenses | $142,954 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $79,511 |
| Other assets | $0 |
| Total assets | $79,511 |
| Total liabilities | $0 |
| Net assets or fund balances | $79,511 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Libraries Of Love has recieved totaling $358.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $358 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Wiley College Marshall, TX | $47,591,110 | $22,498,532 |
Meadow Oaks Education Foundation Mesquite, TX | $6,337,401 | $20,503,410 |
Harold E Riley Foundation Fort Worth, TX | $357,850 | $584,984 |
Compass Rose Education Inc San Antonio, TX | $15,459,454 | $19,431,467 |
Three Oclock Project Baton Rouge, LA | $1,930,450 | $18,582,179 |
Athlos Louisiana Terrytown, LA | $4,119,183 | $17,119,142 |
Nmc Inc Los Alamos, NM | $8,318,653 | $11,151,295 |
Valor Texas Education Foundation Austin, TX | $20,040,325 | $11,565,701 |
Foundation For Tulsa Schools Tulsa, OK | $13,402,243 | $11,567,047 |
Eugene Higgins Charitable Trust Dallas, TX | $194,077,327 | $32,131,659 |
Lyndon Baines Johnson Foundation Austin, TX | $271,934,270 | $12,544,612 |
Los Alamos National Laboratory Foundation Espanola, NM | $121,206,991 | $6,734,322 |