Jefferson County Library Foundation Inc
- Assets
- $1.2m
- Revenue
- $772.5k
- Investments
- $813.3k
- Employees
- 5
- Location
- Wheat Ridge, CO
- Founding
- 07/1969
- Data as of
- 12/2021
- EIN
- 23-7029313
Organization Overview
Jefferson County Library Foundation Inc is located in Wheat Ridge, 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, Jefferson County Library Foundation Inc employed 5 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Jefferson County Library Foundation Inc 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, Jefferson County Library Foundation Inc generated $772.5k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 8.3% each year. All expenses for the organization totaled $708.2k during the year ending 12/2021. While expenses have increased by 7.5% 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
THE JEFFERSON COUNTY LIBRARY FOUNDATION'S MISSION IS TO SUPPORT AND ENRICH THE CAPABILITIES, RESOURCES AND SERVICES OF THE JEFFERSON COUNTY PUBLIC LIBRARY THROUGH FUNDRAISING AND ADVOCACY EFFORTS THAT BENEFIT OUR DIVERSE COMMUNITY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
LITERACY AND READING THE ANNUAL SUMMER READING PROGRAM PROMOTES READING FOR CHILDREN AND TEENS THROUGHOUT THE SUMMER MONTHS SO THEY DON'T LOSE THEIR LITERACY SKILLS - SOMETHING KNOWN IN EDUCATIONAL CIRCLES AS THE "SUMMER SLIDE." THE PROGRAM ALSO ENCOURAGES PARENTS AND OTHER ADULTS TO PARTICIPATE AND SERVE AS READING ROLE MODELS. SCHOOLS ARE ALSO PART OF THE PROGRAM, AND JCLF PROVIDES CASH PRIZES TO FIVE JEFFCO SCHOOLS (RANGING FROM ELEMENTARY TO HIGH SCHOOL) FOR THE STUDENT POPULATION THAT READS THE MOST NUMBER OF MINUTES DURING THE EIGHT-WEEK PROGRAM. EARLY CHILDHOOD LITERACY JCLF HELPS SUPPORT VARIOUS PROGRAMS UNDER THIS UMBRELLA, INCLUDING: RAISE A READER, 1000 BOOKS BEFORE KINDERGARTEN AND BABIES FIRST BOOKS. RAISE A READER PROVIDES A SERIES OF LIBRARY-SPONSORED EVENTS AND ACTIVITIES THAT ENCOURAGE PARENTS AND CAREGIVERS TO SING, WRITE, READ, PLAY AND TALK - ACTIVITIES THAT ENGAGE AND ENCOURAGE CHILDREN TO GAIN ESSENTIAL EARLY LITERACY SKILLS. 1000 BOOKS BEFORE KINDERGARTEN IS A YEAR-ROUND PROGRAM FOR CHILDREN AGES 0-5, AND ONE THAT PROMOTES PRE-READING ABILITIES (BY HAVING FAMILIES READ TOGETHER) AND ASSISTS PARENTS/CAREGIVERS IN SELECTING APPROPRIATE READING MATERIALS AND IN SERVING AS THEIR CHILD'S FIRST TEACHER. BABIES FIRST BOOKS IS AN EARLY LITERACY PROGRAM AIMED AT NEW AND FIRST-TIME PARENTS IN JEFFCO. FREE BOOKS OF NURSERY RHYMES (IN ENGLISH AND SPANISH) ARE DISTRIBUTED VIA HOSPITALS, WIC, HEALTH CLINICS, ETC., WITH A GOAL TO ENCOURAGE READING TO INFANTS AS A WAY TO DEVELOP A CHILD'S COMPREHENSION OF LANGUAGE AND A WAY TO PROMOTE THE SPECIAL BOND BETWEEN PARENTS AND BABIES.
VOLUNTEER SUPPORT: PROVIDES OVERSIGHT AND RECOGNITION OF THE FRIENDS OF THE JEFFERSON COUNTY PUBLIC LIBRARY MEMBERSHIP GROUP AND OTHER VOLUNTEERS THAT ASSIST WITH THE FOUNDATION'S PROGRAMS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jo Schantz Executive Di | Officer | 40 | $80,523 |
Linda Fleming Secretary | OfficerTrustee | 1 | $0 |
Ana Rojas-Artica President | OfficerTrustee | 1 | $0 |
Ron Benson Treasurer | OfficerTrustee | 1 | $0 |
Deborah Deal Vice-Pres | OfficerTrustee | 1 | $0 |
Caleb Amyot Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $11,474 |
| Related organizations | $0 |
| Government grants | $45,000 |
| All other contributions, gifts, grants, and similar amounts not included above | $377,305 |
| Noncash contributions included in lines 1a–1f | $19,411 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $433,779 |
| Total Program Service Revenue | $0 |
| Investment income | $841 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $198,231 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $139,667 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $772,518 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $243,241 |
| 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. | $89,707 |
| Compensation of current officers, directors, key employees. | $5,750 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $114,005 |
| Pension plan accruals and contributions | $1,173 |
| Other employee benefits | $21,992 |
| Payroll taxes | $16,322 |
| 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 | $72,556 |
| Advertising and promotion | $7,240 |
| Office expenses | $19,824 |
| Information technology | $3,634 |
| Royalties | $0 |
| Occupancy | $68,446 |
| Travel | $2,613 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $11,981 |
| Interest | $2,538 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $708,176 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $13,890 |
| Savings and temporary cash investments | $366,374 |
| Pledges and grants receivable | $13,156 |
| Accounts receivable, net | $6,621 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $3,525 |
| Prepaid expenses and deferred charges | $15,193 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $813,255 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,232,014 |
| Accounts payable and accrued expenses | $103,925 |
| 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 | $150,000 |
| Other liabilities | $2,895 |
| Total liabilities | $256,820 |
| Net assets without donor restrictions | $148,783 |
| Net assets with donor restrictions | $826,411 |
| 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 | $1,232,014 |
Grants Recieved
Over the last fiscal year, we have identified 6 grants that Jefferson County Library Foundation Inc has recieved totaling $87,576.
| Awarding Organization | Amount |
|---|---|
Community First Foundation Arvada, CO PURPOSE: GENERAL PURPOSE | $39,456 |
Scl Health - Front Range Inc Broomfield, CO PURPOSE: PROGRAM SUPPORT | $30,000 |
Temple Hoyne Buell Foundation Denver, CO PURPOSE: 1,000 BOOKS BEFORE KINDERGARTEN | $10,000 |
Nathan B And Florence R Burt Foundation Inc Golden, CO PURPOSE: GENERAL SUPPORT | $5,000 |
Sam S Bloom Foundation Littleton, CO PURPOSE: 1000 BOOKS BEFORE KINDERGARTEN | $3,000 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $120 |
Endowment Analysis
| Beg. Balance | $725,323 |
| Earnings | $69,565 |
| Net Contributions | $19,163 |
| Other Expense | $796 |
| Ending Balance | $813,255 |
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 |