Bullard Community Library Inc
- Assets
- $882.2k
- Revenue
- $107.8k
- Investments
- $0.0
- Employees
- 2
- Location
- Bullard, TX
- Founding
- 06/1980
- Data as of
- 12/2023
- EIN
- 75-1522478
Organization Overview
Bullard Community Library Inc is located in Bullard, TX. The organization was established in 1980. According to its NTEE Classification (B70) the organization is classified as: Libraries, under the broad grouping of Education and related organizations. As of 12/2023, Bullard Community Library Inc employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Bullard Community Library 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 12/2023, Bullard Community Library Inc generated $107.8k in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 15.6% each year . All expenses for the organization totaled $64.7k during the year ending 12/2023. While expenses have increased by 5.5% per year over the past 5 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
THE BULLARD COMMUNITY LIBRARY IS A PLACE OF EDUCATION AND ENJOYMENT, WHICH PROVIDES VARIED RESOURCES IN A WELCOMING ATMOSPHERE TO PEOPLE OF ALL AGES AND CAPABILITIES, FOSTERS CULTURAL ARTS, ENCOURAGES INTER-CULTURAL RELATIONSHIPS AND FORGES PARTNERSHIS TO SERVE THE COMMUNITY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
9805 PATRONS VISITED THE LIBRARY (5498 ADULTS AND 4307 CHILDREN). OVER 30,000 E-BOOKS, AUDIO BOOKS, AND VIDEOS ARE AVAILABLE TO CHECK OUT EITHER IN PERSON AT THE LIBRARY OR OVER THE INTERNET THROUGH OUR MEMBERSHIP IN THE OVERDRIVE CONSORTIUM. WE HAVE 7 REGULAR VOLUNTEERS WHO LOGGED 2,471 HOURS ASSISTING OUR STAFF AND PATRONS LAST YEAR AND ANSWERED 1,464 REFERENCE QUESTIONS.
WE PROVIDE 5 COMPUTERS WITH INTERNET ACCESS TO THE PUBLIC FOR JOB SEARCHES, RESEARCH AND TAX FORMS. WE PROVIDE FREE WIFI, PRINT, COPY, AND FAX SERVICES. OUR CURRENT WEBSITE HAD OVER 9,500 VISITORS LAST YEAR. WE ALSO PROVIDE FAMILY BUDGETING CLASSES AND MEDICARE INFORMATION CLASSES.
WE HOST A WEEKLY STORY HOUR WHICH INCLUDES A CRAFT ACTIVITY AND SNACK WHICH FOLLOWS THE STORY THEME. WE HAD 698 ADULTS, AND 1,085 CHILDREN ATTEND THESE STORY HOURS LAST YEAR. WE HOSTED A SUMMER READING PROGRAM WITH 286 ADULTS AND 375 CHILDREN PARTICIPATING. WE ALSO HOSTED SIGN LANGUAGE AND CRAFTING CLASSES AT THE LIBRARY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Carol Olson Director | Officer | 24 | $21,600 |
Glennis Hunt Circulation Clerk | Officer | 15 | $2,938 |
Tammy Johnson Member At Large | Trustee | 1 | $0 |
Billy Jones Member At Large | Trustee | 1 | $0 |
Melanie Mcdade Member At Large | Trustee | 1 | $0 |
Shannon Mceuen Vice President | Officer | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $1,780 |
| Fundraising events | $3,894 |
| Related organizations | $0 |
| Government grants | $13,989 |
| All other contributions, gifts, grants, and similar amounts not included above | $36,576 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $56,239 |
| Total Program Service Revenue | $3,281 |
| Investment income | $16,689 |
| 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 | $107,778 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $24,538 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $1,877 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $604 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $235 |
| Office expenses | $3,976 |
| Information technology | $2,721 |
| Royalties | $0 |
| Occupancy | $18,036 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $68 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $64,711 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $8,373 |
| Savings and temporary cash investments | $414,433 |
| 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 | $194,664 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $264,700 |
| Total assets | $882,170 |
| Accounts payable and accrued expenses | $0 |
| 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 | $0 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $383,094 |
| Paid-in or capital surplus, or land, building, or equipment fund | $194,663 |
| Retained earnings, endowment, accumulated income, or other funds | $304,413 |
| Total liabilities and net assets/fund balances | $882,170 |