Imagination Library Of Colorado
- Assets
- $338.3k
- Revenue
- $1.7m
- Investments
- $0.0
- Employees
- 0
- Location
- Denver, CO
- Founding
- Data as of
- 12/2023
- EIN
- 85-4295349
Organization Overview
Imagination Library Of Colorado is located in Denver, CO. 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. Imagination Library Of Colorado 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 12/2023, Imagination Library Of Colorado generated $1.7m in total revenue. All expenses for the organization totaled $1.7m during the year ending 12/2023.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
IN PARTNERSHIP WITH DOLLY PARTONS IMAGINATION LIBRARY THE IMAGINATION LIBRARY OF COLORADO PROMOTES EARLY CHILDHOOD LITERACY IN COLORADO BY PROVIDING ACCESS TO FREE HIGH-QUALITY AGE-APPROPRIATE BOOKS IN THE HOME TO CHILDREN AGES 0-5. THE ORGANIZATION GIVES ALL YOUNG CHILDREN IN COLORADO THE OPPORTUNITY TO RECEIVE BOOKS IN THE MAIL AT NO COST TO FAMILIES. OUR VISION IS A COLORADO IN WHICH ALL YOUNG CHILDREN HAVE BOOKS IN THEIR HOMES DEVELOP A LOVE OF READING AND LEARNING AND BEGIN KINDERGARTEN AND ELEMENTARY SCHOOL PREPARED TO SUCCEED ONWARD.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE IMAGINATION LIBRARY OF COLORADO ILCO FOCUSES ITS EFFORTS ON THE PROMOTION OF EARLY CHILDHOOD LITERACY FOR THE GENERAL PUBLIC. ILCOS EDUCATIONAL PROGRAM OF PROVIDING BOOKS TO YOUNG CHILDREN ALL ACROSS THE STATE OF COLORADO INCREASES KINDERGARTEN READINESS AND HELPS DEVELOP THE CHARACTER AND CAPABILITY OF ENROLLED CHILDREN PRIOR TO ENTERING FORMAL SCHOOLING THROUGH EARLY EXPOSURE AND ACCESS TO HIGH QUALITY AGE-APPROPRIATE BOOKS INTENDED TO DEVELOP A FOUNDATION OF BASIC LITERACY SKILLS NEEDED FOR READING AND WRITING.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Josh Hanfling Treasurer | OfficerTrustee | 1 | $0 |
Josephine Metoyer Chair Of Board Of Directors | Trustee | 1 | $0 |
Jeff Bridges Director | Trustee | 1 | $0 |
Jim Smallwood Director | Trustee | 1 | $0 |
Amy Grolnick Director | Trustee | 1 | $0 |
Ghislaine Bruner Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $1,340,196 |
| All other contributions, gifts, grants, and similar amounts not included above | $74,846 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,415,042 |
| Total Program Service Revenue | $291,061 |
| Investment income | $2,359 |
| 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 | $1,708,462 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $9,606 |
| 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. | $40,944 |
| Compensation of current officers, directors, key employees. | $38,897 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $96,631 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $11,834 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $8,746 |
| Office expenses | $4,796 |
| Information technology | $1,900 |
| Royalties | $0 |
| Occupancy | $12,839 |
| Travel | $2,039 |
| 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 | $3,227 |
| All other expenses | $0 |
| Total functional expenses | $1,679,580 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $252,797 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $85,507 |
| 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 | $0 |
| Total assets | $338,304 |
| Accounts payable and accrued expenses | $148,970 |
| Grants payable | $0 |
| Deferred revenue | $64,970 |
| 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 | $213,940 |
| Net assets without donor restrictions | $124,364 |
| 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 | $338,304 |
Grants Awarded
Over the last fiscal year, Imagination Library Of Colorado has awarded $20,441 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
IMAGINATION LIBRARY OF DENVER PURPOSE: Book Cost and Program Awareness Support | $12,371 |
WESTMINSTER 710 ROTARY FOUNDATION PURPOSE: Book Cost and Program Awareness Support | $8,070 |