Denver Medical Library
- Assets
- $704.9k
- Revenue
- $22.9k
- Investments
- $703.3k
- Employees
- 0
- Location
- Denver, CO
- Founding
- 08/1988
- Data as of
- 12/2021
- EIN
- 74-2261785
Organization Overview
Denver Medical Library is located in Denver, CO. The organization was established in 1988. According to its NTEE Classification (B70) the organization is classified as: Libraries, 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. Denver Medical Library 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, Denver Medical Library generated $22.9k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (4.8%) each year. All expenses for the organization totaled $23.9k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Dr Aris Sophocles Jr Board Presid | 0.25 | $0 | |
Kathy Lindquist-Kleissler Executive Di | 3 | $0 | |
Dr Curtis Hagedorn Board Treasu | 0.25 | $0 | |
Dr Elizabeth Lowdermilk Board Member | 0.25 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $250 |
| Interest on Savings | $22,687 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $22,937 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $271 |
| Total operating and administrative expenses | $3,946 |
| Contributions, gifts, grants paid | $20,000 |
| Total expenses and disbursements | $23,946 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,575 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $704,896 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Denver Medical Library has awarded $20,000 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
Denver, CO PURPOSE: SCHOLARSHIP FUNDING | $15,000 |
EVERY CHILD PEDIATRICS PURPOSE: OPERATIONS | $5,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Colorado Library Consortium Centennial, CO | $4,049,105 | $6,616,674 |
Outreach United Resource Center Inc Longmont, CO | $8,325,883 | $5,899,409 |
Community Information Trust Omaha, NE | $18,420,748 | $2,358,228 |
Sedona Public Library Sedona, AZ | $7,250,372 | $2,554,776 |
Desert Foothills Library Association Cave Creek, AZ | $11,787,133 | $1,313,288 |
Jal Public Library Fund Jal, NM | $27,094,564 | $3,040,405 |
La Llave Family Resource Center Inc Alamosa, CO | $303,516 | $1,091,609 |
Mid-Continent Geological Library Inc Edmond, OK | $1,595,859 | $293,509 |
Board Of Trustees Of The Sedgwick County Law Library Inc Wichita, KS | $799,436 | $866,999 |
Friends Of The Prescott Public Library Prescott, AZ | $6,216,135 | $310,450 |
Limbo Up Foundation Inc Denver, CO | $0 | $377,102 |
Teton County Library Foundation Inc Jackson, WY | $9,237,372 | $966,896 |