Friends Of The Pikes Peak Library District
- Assets
- $296.0k
- Revenue
- $168.0k
- Investments
- $0.0
- Employees
- 2
- Location
- Colorado Springs, CO
- Founding
- 02/1969
- Data as of
- 12/2021
- EIN
- 23-7006973
Organization Overview
Friends Of The Pikes Peak Library District is located in Colorado Springs, CO. The organization was established in 1969. According to its NTEE Classification (B11) the organization is classified as: Single Organization Support, under the broad grouping of Education and related organizations. As of 12/2021, Friends Of The Pikes Peak Library District employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Friends Of The Pikes Peak Library District 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 12/2021, Friends Of The Pikes Peak Library District generated $168.0k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 1.5% each year. All expenses for the organization totaled $147.1k during the year ending 12/2021. While expenses have increased by 1.5% 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO SUPPORT, PROMOTE, AND ADVOCATE FOR THE PIKES PEAK LIBRARY DISTRICT'S DYNAMIC AND EVOLVING ROLE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
CASH GRANTS AND ASSISTANCE TO THE PIKES PEAK LIBRARY DISTRICT AND VARIOUS BRANCHES. THIS IS THE PRIMARY PURPOSE OF THE FRIENDS. GIVEN OUR SOLID PAST FINANCIAL MANAGEMENT PRACTICES, WE WERE ABLE TO CONTRIBUTE TO PPLD PROGRAMS IN 2021. $42,928 WAS CONTRIBUTED FOR PROGRAM AND STAFF SUPPORT AND RECOGNITION.
PERSONNEL, SUPPLIES AND OTHER COSTS RELATED TO THE OPERATIONS OF THE FRIENDS BOOKSTORES AND SALES. -THE FRIENDS HAS 936 MEMBERS. -BOOKSTORES AT EAST, 21C AND PENROSE REOPENED IN JANUARY. MOST OF THE BRANCHES WERE REOPENED BY APRIL. WE CONTINUED TO SELL BOOKS ONLINE VIA EBAY, AMAZON, FACEBOOK LIVE AND OUR ONLINE STOREFRONT.
PROGRAMS: -THE ANNUAL MEETING WAS HELD VIA ZOOM ON JANUARY 27, 2021. -LITERARY AWARDS WAS HELD ON AUGUST 8, 2021. AUTHOR, PAM HOUSTON, WAS THE KEYNOTE SPEAKER AND RECIPIENT OF THE FRANK WATERS AWARDS. DON KALLUS OWNER OF RHYOLITE PRESS AND ANGEL CREST, AUTHOR AND PHOTOGRAPHER WERE THE GOLDEN QUILL AWARD WINNERS FOR THEIR BOOK COLORADO SPRINGS: A CHANGING LANDSCAPE. -LATINA VOICES WAS HELD ON SEPTEMBER 25, 2021. THIS WAS THE 10TH ANNIVERSARY OF THIS EVENT. -SUMMER BOOKSALE AT 21C WAS HELD ON JULY 16-17, 2021. -BIG BOOK SALE TOOK PLACE AT EAST ON OCT. 1 3, 2021.
BOOK PAGES A NEWSLETTER GIVEN TO LIBRARY PATRONS WITH BOOK REVIEWS, RECOMMENDATIONS AND INFORMATION. IMPLEMENTED QUARTERLY NEWSLETTER FOR MEMBERS IN OCTOBER.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Sue Gilbert Teasurer | OfficerTrustee | 4 | $0 |
Patricia Webb Secretary | OfficerTrustee | 2 | $0 |
Stephen Adams President | OfficerTrustee | 2 | $0 |
Rita Jordan Vice President | OfficerTrustee | 5 | $0 |
Beverly Diehl Director | Trustee | 3 | $0 |
Linda Duval Director | Trustee | 3 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $8,618 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $155,993 |
| Noncash contributions included in lines 1a–1f | $150,481 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $164,611 |
| Total Program Service Revenue | $2,894 |
| Investment income | $459 |
| 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 | $167,964 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $42,928 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $47,780 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $3,783 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $7,585 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $66 |
| Office expenses | $3,201 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $1,620 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $867 |
| Insurance | $1,399 |
| All other expenses | $8,038 |
| Total functional expenses | $147,137 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $155,322 |
| Savings and temporary cash investments | $67,543 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $71,749 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $1,413 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $296,027 |
| Accounts payable and accrued expenses | $1,046 |
| 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 | $1,046 |
| Net assets without donor restrictions | $294,981 |
| Net assets with donor restrictions | $0 |
| 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 | $296,027 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Friends Of The Pikes Peak Library District has recieved totaling $97.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $97 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Colorado State University Foundation Fort Collins, CO | $706,044,439 | $163,322,590 |
Unm Rainforest Innovations Albuquerque, NM | $22,586,721 | $58,002,418 |
University Of New Mexico Foundation Incorporated Albuquerque, NM | $270,142,035 | $53,815,950 |
Colorado School Of Mines Foundation Golden, CO | $425,843,908 | $49,131,943 |
American Indian College Fund Denver, CO | $151,570,496 | $57,441,920 |
Lincoln Institute Of Land Policy Phoenix, AZ | $774,885,329 | $64,138,879 |
Asu Enterprise Partners Tempe, AZ | $381,094,670 | $23,987,399 |
Northern Arizona University Fdn Inc Flagstaff, AZ | $256,288,832 | $37,761,443 |
New Mexico State University Foundation Inc Las Cruces, NM | $355,498,587 | $111,307,691 |
Washburn University Foundation Topeka, KS | $212,049,839 | $17,810,833 |
Fort Hays State University Foundation Hays, KS | $117,134,366 | $18,921,024 |
University Of Northern Colorado Foundation Inc Greeley, CO | $134,921,327 | $19,470,249 |