Imagination Library Of Grant County Inc
- Assets
- $170.4k
- Revenue
- $104.0k
- Investments
- $0.0
- Employees
- 1
- Location
- Silver City, NM
- Founding
- 10/2011
- Data as of
- 12/2021
- EIN
- 45-2378175
Organization Overview
Imagination Library Of Grant County Inc is located in Silver City, NM. The organization was established in 2011. According to its NTEE Classification (B92) the organization is classified as: Remedial Reading & Encouragement, 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. Imagination Library Of Grant County 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, Imagination Library Of Grant County Inc generated $104.0k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 3.1% each year. All expenses for the organization totaled $84.4k during the year ending 12/2021. While expenses have increased by 0.1% 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 ORGANIZATION PROMOTES EARLY EDUCATION AND LITERACY BY DELIVERING BOOKS MONTHLY TO BABIES, TODDLERS AND PRESCHOOL CHILDREN AT NO COST TO THE FAMILY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ORGANIZATION DELIVERS BOOKS TO APPROXIMATELY 75% OF INFANTS, TODDLERS AND PRESCHOOL CHILDREN LIVING IN GRANT COUNTY AND PROVIDES PARENT EDUCATION RELATED TO THE BENEFITS OF TALKING, PLAYING, SINGING AND READING WITH YOUNG CHILDREN. PARENT SURVEYS AND LOCAL RESEARCH SHOW THAT CAREGIVERS READ MORE FREQUENTLY TO THEIR CHILDREN SINCE ENROLLING IN THE IMAGINATION LIBRARY, AND KINDERGARTEN THROUGH THIRD GRADE READING PROFICIENCY SCORES ARE HIGHER FOR STUDENTS WHO PARTICIPATED IN THE PROGRAM. THE ORGANIZATION HAS HELPED TO PROMOTE AND EXPAND DOLLY PARTON'S IMAGINATION LIBRARY IN NEW MEXICO BY SUPPORTING NEW AFFILIATES IN THE STATE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Judi Bush Director | Trustee | 0 | $0 |
Barbara Taylor President | Trustee | 0 | $0 |
Rose Marie Placencia Vice President | Trustee | 0 | $0 |
Colleen Walker Director | Trustee | 0 | $0 |
Candace Anderson-Amaro Secretary | Trustee | 0 | $0 |
Rosemary Smith Treasurer | Trustee | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $31,608 |
| All other contributions, gifts, grants, and similar amounts not included above | $64,978 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $96,586 |
| Total Program Service Revenue | $0 |
| Investment income | $3,367 |
| 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 | $104,028 |
| 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. | $11,475 |
| Compensation of current officers, directors, key employees. | $11,475 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $933 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $40 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $115 |
| Fees for services: Investment Management | $439 |
| Fees for services: Other | $0 |
| Advertising and promotion | $653 |
| Office expenses | $1,257 |
| Information technology | $520 |
| Royalties | $0 |
| Occupancy | $2,750 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $352 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $1,433 |
| All other expenses | $0 |
| Total functional expenses | $84,444 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $88,672 |
| Savings and temporary cash investments | $81,721 |
| 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 | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $170,393 |
| Accounts payable and accrued expenses | $166 |
| Grants payable | $0 |
| Deferred revenue | $38,691 |
| 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 | $38,857 |
| Net assets without donor restrictions | $131,536 |
| 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 | $170,393 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Imagination Library Of Grant County Inc has recieved totaling $10,000.
| Awarding Organization | Amount |
|---|---|
The Community Foundation Of Southern New Mexico Las Cruces, NM | | $10,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Communities In Schools Of El Paso Inc El Paso, TX | $2,674,803 | $5,342,114 |
Small Steps Nurturing Center Houston, TX | $10,410,748 | $6,522,769 |
Make Way For Books Tucson, AZ | $2,670,198 | $2,705,326 |
Bookspring Austin, TX | $3,307,533 | $2,191,070 |
Austin Explore Inc Austin, TX | $2,025,825 | $1,630,361 |
Catch Up & Read Inc Dallas, TX | $1,980,832 | $917,650 |
Read Better Be Better Phoenix, AZ | $1,920,458 | $1,563,168 |
Smart Start Central Oklahoma Inc Oklahoma City, OK | $1,312,516 | $1,054,771 |
Tackle Tomorrow Llc Dallas, TX | $245,428 | $769,944 |
Literacy San Antonio Inc San Antonio, TX | $550,781 | $543,394 |
Adult Literacy Plus Of Southwest Arizona Yuma, AZ | $598,743 | $427,284 |
Rootedgood Kerrville, TX | $704,669 | $179,375 |