Paso Robles Library Foundation
- Assets
- $1.7m
- Revenue
- $126.7k
- Investments
- $0.0
- Employees
- 0
- Location
- Paso Robles, CA
- Founding
- 04/1998
- Data as of
- 12/2021
- EIN
- 77-0451673
Organization Overview
Paso Robles Library Foundation is located in Paso Robles, CA. The organization was established in 1998. 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. Paso Robles Library 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 12/2021, Paso Robles Library Foundation generated $126.7k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (18.6%) each year. All expenses for the organization totaled $120.6k during the year ending 12/2021. 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
PROVIDE SUPPORT AND FUND RAISING FOR THE PASO ROBLES PUBLIC LIBRARY
Describe the Organization's Program Activity:
Part 3 - Line 4a
REFURBISHMENT OF THE LIBRARY
ACTIVITY CENTER IN CHILDRENS AREA
PURCHASE OF BOOKS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Diana Leahy Treasurer | Officer | 1 | $0 |
Christina Jolicoeur Secretary | Officer | 2 | $0 |
Pam Alch President | Officer | 2 | $0 |
Alicia Di Grazia Vice President | Officer | 1 | $0 |
Christina Knoll Director | Trustee | 1 | $0 |
Traci Townsend Director | Trustee | 1 | $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 | $49,370 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $49,370 |
| Total Program Service Revenue | $0 |
| Investment income | $50,543 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $26,757 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $126,670 |
| 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 | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $2,255 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $12,578 |
| Fees for services: Other | $0 |
| Advertising and promotion | $1,592 |
| Office expenses | $0 |
| Information technology | $4,529 |
| Royalties | $0 |
| Occupancy | $58 |
| Travel | $0 |
| 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 | $0 |
| Insurance | $1,008 |
| All other expenses | $4,888 |
| Total functional expenses | $120,615 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $20,908 |
| Savings and temporary cash investments | $23,014 |
| 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 | $0 |
| Investments—publicly traded securities | $1,699,126 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,743,048 |
| Accounts payable and accrued expenses | $177 |
| 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 | $177 |
| Net assets without donor restrictions | $0 |
| 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 | $1,742,871 |
| Total liabilities and net assets/fund balances | $1,743,048 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Paso Robles Library Foundation has recieved totaling $5,105.
| Awarding Organization | Amount |
|---|---|
Helen And Wil Webster Foundation Arcadia, CA PURPOSE: LIBRARY | $5,000 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $105 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Ck12 Foundation San Jose, CA | $3,790,567 | $12,243,457 |
Creative Commons Corporation Mountain View, CA | $9,584,245 | $9,853,619 |
Long Now Foundation San Francisco, CA | $8,496,773 | $4,135,043 |
Letterform Archive San Francisco, CA | $5,612,576 | $4,051,847 |
Rancho Cucamonga Public Library Foundation Rancho Cucamonga, CA | $80,561 | $132,446 |
Library Association Of La Jolla La Jolla, CA | $7,657,063 | $2,243,407 |
Sedona Public Library Sedona, AZ | $7,250,372 | $2,554,776 |
Lafayette Library And Learningcenter Foundation Lafayette, CA | $28,882,741 | $2,073,300 |
The Digital Distributed Community Archive Stanford, CA | $3,639,872 | $1,772,956 |
Walt Disney Family Foundation San Francisco, CA | $8,081,443 | $1,620,731 |
Cancer Patients Alliance Pacific Grove, CA | $1,207,473 | $1,716,621 |
Desert Foothills Library Association Cave Creek, AZ | $11,787,133 | $1,313,288 |