Lompoc District Libraries Foundation
- Assets
- $15.9k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Lompoc, CA
- Founding
- 07/1997
- EIN
- 77-0443696
Organization Overview
Lompoc District Libraries Foundation is located in Lompoc, CA. The organization was established in 1997. 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. Lompoc District Libraries Foundation 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 undefined, Lompoc District Libraries Foundation generated $23.7k 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 (10.2%) each year. All expenses for the organization totaled $176.0k during the year ending undefined. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
Describe the Organization's Mission:
Part 3 - Line 1
THE MISSION OF THE LOMPOC DISTRICT LIBRARIES FOUNDATION IS TO PROVIDE SUPPLEMENTAL FINANCIAL SUPPORT NOT GENERALLY AVAILABLE FROM GOVERNMENT SOURCES TO LOMPOC ZONE 2 LIBRARIES. THE FUNDING DEVELOPED SUPPORTS CAPITAL PROJECTS AND ENHANCED READING MATERIALS AND OPTIONS.
Describe the Organization's Program Activity:
Part 3
THE LOMPOC DISTRICT LIBRARIES FOUNDATION PROVIDED FUNDING FOR THE OPERATIONS & MAINTENANCE OF THE CHARLOTTES WEB CHILDRENS LIBRARY BOOKMOBILE. THE FUNDS WERE PROJECTED TO PROVIDE SUPPLEMENTAL SUPPORT FOR THE BOOKMOBILES OPERATIONS FOR A PERIOD OF 18 MONTHS.
THE BOOK ENDOWMENTS OF THE LOMPOC DISTRICT LIBRARIES FOUNDATION CONTINUE TO PROVIDE SUPPLEMENTAL FUNDING FOR THE FORMER ZONE 2 BUELLTON LIBRARY. FUNDS CONTRIBUTED BY THE BUELLTON COMMUNITY SUPPORTS THEIR INDIVIDUAL BOOK ENDOWMENT FUND. THE LIBRARY FOUNDATION INVESTS THOSE CONTRIBUTIONS AND DISTRIBUTES THE EARNINGS BACK TO SUPPLEMENT THE DIGITAL RESOURCE ELEMENT OF THE ADULT & CHILDRENS BOOK AND MATERIALS BUDGETS. THIS YEAR THE LIBRARY FOUNDATION DISTRIBUTED THE FOLLOWING FUNDS TO THE BUELLTON LIBRARY: $2,200.THE POPULATION SERVED BY THIS FORMER ZONE 2 LIBRARY IS 10,659.
THE BOOK ENDOWMENTS OF THE LOMPOC DISTRICT LIBRARIES FOUNDATION PROVIDE SUPPLEMENTAL FUNDING TO THE CITY OF LOMPOCS ZONE 2 LIBRARIES ADULT & CHILDRENS BOOK AND MATERIALS BUDGETS. EACH COMMUNITY SERVED CONTRIBUTES TO, AND SUPPORTS THEIR INDIVIDUAL BOOK ENDOWMENT FUND. THE LIBRARY FOUNDATION INVESTS THOSE CONTRIBUTIONS AND DISTRIBUTES THE EARNINGS BACK TO THE CONTRIBUTING COMMUNITYS LIBRARY. BOOK AND MATERIALS BUDGETS ARE THE MOST FRAGILE ELEMENT OF THIS DISTRICTS LIBRARIES. THIS YEAR THE LIBRARY FOUNDATION DISTRIBUTED THE FOLLOWING FUNDS TO THE LIBRARIES OF:CHARLOTTES WEB BOOKMOBILE $ 2,200;LOMPOC $ 4,500;VANDENBERG VILLAGE $ 6,200; FOR A TOTAL OF: $ 12,900. THE POPULATION SERVED BY THE ZONE 2 LIBRARIES TOTALS 59,977.
THE LOMPOC DISTRICT LIBRARIES FOUNDATION BOOK ENDOWMENT PROVIDES SUPPLEMENTAL FUNDING TO THE CITY OF LOMPOCS LIBRARIES DIGITAL SUBSCRIPTION VENDOR, BLACKGOLD. THIS ALLOWS FOR THE ADDITION OF AVAILABLE TITLES FOR ONLINE AND DOWNLOADABLE BOOKS FOR SANTA BARBARA COUNTY ZONE 2 LIBRARIES: LOMPOC, VANDENBERG VILLAGE, & CHARLOTTES WEB CHILDRENS LIBRARY. ZONE 2 CIRCULATION FOR THIS FISCAL YEAR WAS 246,000 ITEMS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Melinda Aguirre President | 2 | $0 | |
Arleen Lewis Vice President | 1 | $0 | |
Robyn Small Treasurer | 2 | $0 | |
Maria Vazquez Secretary | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $3,224 |
| Total Program Service Revenue | $20,050 |
| Membership dues | $0 |
| Investment income | $425 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $23,699 |
| Statement of Expenses | |
|---|---|
| Total expenses | $175,972 |
| Balance Sheet | |
|---|---|
| Total assets | $15,903 |
| Total liabilities | $0 |
| Net assets or fund balances | $15,903 |
Grants Awarded
Over the last fiscal year, Lompoc District Libraries Foundation has awarded $205,263 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
CITY OF LOMPOC PURPOSE: SEE SCH I PART IV | $12,900 |
CITY OF LOMPOC PURPOSE: SEE SCH I PART IV | $192,363 |