Coldspring Area Public Library Inc
- Assets
- $452.3k
- Revenue
- $54.4k
- Investments
- $0.0
- Employees
- 3
- Location
- Coldspring, TX
- Founding
- 04/1986
- Data as of
- 12/2022
- EIN
- 76-0150266
Organization Overview
Coldspring Area Public Library Inc is located in Coldspring, TX. The organization was established in 1986. According to its NTEE Classification (B70) the organization is classified as: Libraries, under the broad grouping of Education and related organizations. As of 12/2022, Coldspring Area Public Library Inc employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Coldspring Area Public 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 12/2022, Coldspring Area Public Library Inc generated $54.4k in total revenue. The organization has seen a slow decline revenue. Over the past 6 years, revenues have fallen by an average of (2.8%) each year. All expenses for the organization totaled $137.4k during the year ending 12/2022. 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO OFFER LIBRARY SERVICES TO THE COLDSPRING AREA, PROVIDING ACCESS TO INFORMATION IN MANY FORMATS, WHILE PROMOTING KNOWLEDGE, EDUCATION, LIFELONG LEARNING AND RECREATIONAL ENRICHMENT FOR OUR PATRONS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
OFFERED THESE SERVICES IN 7,306 PATRON VISITS, WHILE OPEN 1,903 HOURS WITH 1354 VOLUNTEER HOURS FREE USE OF 15,797 BOOKS, TAPES, VIDEOS, DVDS, CDS INTERLIBRARY LOAN SERVICE, CHARGING ONLY POSTAGE FREE USE OF COMPUTER LAB WITH 8 STATIONS ACCESS TO COPYING, PRINTING, FAXING AND LAMINATING FOR NOMINAL FEES NOTARY SERVICE FOR A FEE FREE USE OF CONFERENCE ROOM TO CHARITABLE ORGANIZATIONS, NOMINAL FEE TO OTHERS ONLINE SEARCH CAPABILITY FOR BOOK INVENTORY VIA LIBRARY WEBSITE ACCESS TO CULLED BOOKS, TAPES, VIDEOS, CDS, DVDS, AND PERIODICALS FOR NOMINAL FEES FREE USE OF OVERHEAD PROJECTOR TO CHARITABLE ORGANIZATIONS, NOMINAL FEE TO OTHERS ACCESS TO E-BOOK SERVICE
PROVIDED 6 PROGRAMS FOR CHILDREN AND THEIR FAMILIES FREE ACCESS TO INTERNET FREE 24 HOUR ACCESS TO WIFI SERVICE TO MEMBERS
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Joy Deraimo Head Librarian | 30 | $19,888 | |
Shawna Holman Assistant Librarian | Officer | 18 | $9,763 |
Barbara Ponter Assistant Librarian | Officer | 13 | $7,290 |
Leslye Mcgrath President | Officer | 5 | $0 |
Marsha Brown Vice President | Officer | 2 | $0 |
Kay Capers Secretary | Officer | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $15,158 |
| Related organizations | $0 |
| Government grants | $2,132 |
| All other contributions, gifts, grants, and similar amounts not included above | $31,006 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $48,296 |
| Total Program Service Revenue | $5,835 |
| Investment income | $278 |
| 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 | $54,409 |
| 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. | $19,888 |
| Compensation of current officers, directors, key employees. | $7,955 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $17,053 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $2,826 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $462 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $1,512 |
| Advertising and promotion | $114 |
| Office expenses | $1,901 |
| Information technology | $5,903 |
| Royalties | $0 |
| Occupancy | $8,685 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $1,967 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $68,381 |
| Insurance | $5,398 |
| All other expenses | $0 |
| Total functional expenses | $137,378 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $25,814 |
| Savings and temporary cash investments | $50,665 |
| 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 | $297,435 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $78,378 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $452,292 |
| 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 | $76,479 |
| Paid-in or capital surplus, or land, building, or equipment fund | $375,813 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $452,292 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Coldspring Area Public Library Inc has recieved totaling $123.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $123 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
George W Bush Foundation Dallas, TX | $628,846,419 | $37,657,859 |
Pioneer Library System Norman, OK | $5,931,448 | $15,507,691 |
Amigos Library Services Addison, TX | $13,779,793 | $13,572,299 |
Houston Academy Of Medicine Houston, TX | $57,192,263 | $9,726,228 |
Rosenberg Library Association Galveston, TX | $38,547,435 | $5,322,146 |
Texas Rangers Baseball Foundation Arlington, TX | $31,952,885 | $4,231,744 |
Texas Library Association Austin, TX | $3,885,906 | $2,023,532 |
Nicholas P Sims Library And Lyceum Waxahachie, TX | $6,016,321 | $1,456,902 |
T L L Temple Memorial Library & Archives Diboll, TX | $4,162,289 | $853,055 |
Jal Public Library Fund Jal, NM | $27,094,564 | $3,040,405 |
Mid-Continent Geological Library Inc Edmond, OK | $1,595,859 | $293,509 |
Bexar County Medical Library Association San Antonio, TX | $5,494,674 | $707,549 |