Amigos Library Services
- Assets
- $18.7m
- Revenue
- $13.0m
- Investments
- $0.0
- Employees
- 23
- Location
- Addison, TX
- Founding
- 02/1979
- Data as of
- 06/2024
- EIN
- 75-1627097
Organization Overview
Amigos Library Services is located in Addison, TX. The organization was established in 1979. According to its NTEE Classification (B70) the organization is classified as: Libraries, under the broad grouping of Education and related organizations. As of 06/2024, Amigos Library Services employed 23 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Amigos Library Services 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 06/2024, Amigos Library Services generated $13.0m in total revenue. The organization has seen a slow decline revenue. Over the past 9 years, revenues have fallen by an average of (2.0%) each year. All expenses for the organization totaled $12.6m during the year ending 06/2024. As we would expect to see with falling revenues, expenses have declined by (2.7%) per year over the past 9 years. 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
2024
Describe the Organization's Mission:
Part 3 - Line 1
PROVIDE INNOVATIVE INFORMATION SERVICES TO LIBRARIES, PROMOTE REGIONAL LIBRARY COOPERATION & RESOURCE SHARING, & STRENGTHEN LIBRARIES AS LEADERS IN THEIR COMMUNITIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDE RESOURCE SHARING NETWORKS & INFORMATION TECHNOLOGY TO OVER 400 MEMBER LIBRARIES & CULTURAL INSTITUTIONS WHO UTILIZED AMIGOS' COMPREHENSIVE LINE OF SERVICES INCLUDING: CATALOGING, PRESERVATION, DIGITAL IMAGING CONSULTING & TRAINING.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Barbara Glackin Director | Trustee | 2 | $0 |
Dr Larry White Director | Trustee | 2 | $0 |
Chris Lebeau Vice Chair/director | OfficerTrustee | 2 | $0 |
Dr Louis Lafrado Treasurer/director | OfficerTrustee | 2 | $0 |
Britt Anne Murphy Chair/director | OfficerTrustee | 2 | $0 |
Dr Lea Briggs Secretary/director | OfficerTrustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $12,303,274 |
| Investment income | $340,413 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $364,252 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $13,007,939 |
| 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. | $569,837 |
| Compensation of current officers, directors, key employees. | $163,981 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $938,990 |
| Pension plan accruals and contributions | $55,221 |
| Other employee benefits | $164,633 |
| Payroll taxes | $110,913 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $2,342 |
| Fees for services: Accounting | $21,000 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $275,704 |
| Advertising and promotion | $10,015 |
| Office expenses | $930,082 |
| Information technology | $64,893 |
| Royalties | $0 |
| Occupancy | $44,234 |
| Travel | $79,791 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $10,172 |
| Insurance | $42,116 |
| All other expenses | $0 |
| Total functional expenses | $12,556,289 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,780,079 |
| Savings and temporary cash investments | $1,055,506 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $1,882,038 |
| 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 | $2,490,827 |
| Net Land, buildings, and equipment | $13,362 |
| Investments—publicly traded securities | $11,389,149 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $130,705 |
| Total assets | $18,741,666 |
| Accounts payable and accrued expenses | $6,600,131 |
| Grants payable | $0 |
| Deferred revenue | $244,262 |
| 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 | $132,300 |
| Total liabilities | $6,976,693 |
| Net assets without donor restrictions | $11,764,973 |
| 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 | $18,741,666 |