Verde Valley Imagination Library is located in Cottonwood, AZ. The organization was established in 2017. According to its NTEE Classification (B92) the organization is classified as: Remedial Reading & Encouragement, 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. Verde Valley Imagination Library 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 06/2022, Verde Valley Imagination Library generated $131.9k in total revenue. This organization has experienced exceptional growth, as over the past 3 years, it has increased revenue by an average of 13.1% each year . All expenses for the organization totaled $61.6k during the year ending 06/2022. While expenses have increased by 5.2% per year over the past 3 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
PROVIDING FREE BOOKS MAILED DIRECTLY TO CHILDREN UNDER 5 YR. IN COTTONWOOD, SEDONA, CAMP VERDE AREA THROUGH DOLLY PARTON IMAGINATION LIBRARY
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDING FREE BOOKS MAILED DIRECTLY TO CHILDREN UNDER 5 YR. IN COTTONWOOD, SEDONA, CAMP VERDE AREA THROUGH DOLLY PARTON IMAGINATION LIBRARY
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Linda Allen Vice Chairman | Trustee | 0 | $0 |
Michelle Young Director | Trustee | 0 | $0 |
Jean Barton Chairman | Trustee | 0 | $0 |
Lorena Schmidt Director | Trustee | 0 | $0 |
Lynette Prouty Treasurer | Trustee | 0 | $0 |
Viviane Kraus Director | Trustee | 0 | $0 |
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 | $67,895 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $67,895 |
Total Program Service Revenue | $0 |
Investment income | $470 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $170 |
Net Income from Fundraising Events | $63,394 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $131,929 |
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 | $3,600 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $275 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $425 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $0 |
Advertising and promotion | $3,535 |
Office expenses | $0 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $0 |
Travel | $50 |
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 | $950 |
All other expenses | $1,495 |
Total functional expenses | $61,559 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $118,162 |
Savings and temporary cash investments | $0 |
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 | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $52,913 |
Total assets | $171,075 |
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 | $171,075 |
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 | $171,075 |
Over the last fiscal year, we have identified 2 grants that Verde Valley Imagination Library has recieved totaling $21,500.
Awarding Organization | Amount |
---|---|
Arizona Community Foundation Phoenix, AZ PURPOSE: PROGRAM SUPPORT | $18,500 |
Kennys Kids Sedona, AZ PURPOSE: GENERAL PURPOSES | $3,000 |
Organization Name | Assets | Revenue |
---|---|---|
San Joaquin A Plus Inc Stockton, CA | $3,892,784 | $3,942,790 |
Make Way For Books Tucson, AZ | $2,670,198 | $2,705,326 |
United Through Reading San Diego, CA | $1,933,982 | $2,576,774 |
Tandem Partners In Early Learning San Francisco, CA | $1,207,894 | $2,135,047 |
Developments In Literacy Inc Irvine, CA | $1,716,599 | $2,242,453 |
The Riordan Foundation South Pasadena, CA | $13,591,111 | $7,320,901 |
Arpan Foundation Incorporated Diamond Bar, CA | $1,095,710 | $1,209,090 |
Read Better Be Better Phoenix, AZ | $1,920,458 | $1,563,168 |
Oakland Literacy Coalition Oakland, CA | $916,422 | $1,367,279 |
916 Ink Sacramento, CA | $593,574 | $1,036,980 |
Street Poets Inc Los Angeles, CA | $3,067,922 | $2,123,543 |
Reading Is Fundamental Of Southern California Incorporated Los Angeles, CA | $1,003,941 | $416,130 |