Whittier Public Library Foundation
- Assets
- $1.5m
- Revenue
- $289.8k
- Investments
- $0.0
- Employees
- 0
- Location
- Whittier, CA
- Founding
- 07/1999
- Data as of
- 06/2021
- EIN
- 95-4714775
Organization Overview
Whittier Public Library Foundation is located in Whittier, CA. The organization was established in 1999. According to its NTEE Classification (B11) the organization is classified as: Single Organization Support, 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. Whittier Public 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 06/2021, Whittier Public Library Foundation generated $289.8k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 23.1% each year . All expenses for the organization totaled $32.6k during the year ending 06/2021. 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
TO HELP SECURE AND MAINTAIN FUNDING FOR THE WHITTIER PUBLIC LIBRARY. TO SERVE AS A CONDUIT BETWEEN THE LIBRARY AND THE DIVERSE PUBLIC
Describe the Organization's Program Activity:
Part 3 - Line 4a
ORGANIZATION IS FOR LITERACY, EDUCATIONAL, AND PUBLIC PURPOSES. THE FOUNDATION PROVIDED FUNDS TO HELP REMODEL THE CENTRAL LIBRARY OF WHITTIER.
FOUNDATION WAS ABLE TO PROVIDE FUNDS TO THE WHITTIER PUBLIC LIBRARY FOR THE ONLINE AND SMART TRACK PROGRAMS.
FOUNDATION WAS ABLE TO PROVIDE SEVERAL RESOURCES FOR THE WHITTIER PUBLIC LIBRARY. THIS INCLUDED BOOKS, SOFTWARE, AND VARIOUS PROGRAMS THAT THE LIBRARY HOSTED.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Norm Kirschenbaum President | Officer | 5 | $0 |
Mike Garabedian President Elect | Officer | 5 | $0 |
Sue Settlage Vice President | Officer | 5 | $0 |
Art Revueltas Treasurer | Officer | 5 | $0 |
Martha Patterson Secretary | Officer | 5 | $0 |
Pany Sudick Vice President | Officer | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $253,135 |
| Investment income | $27,214 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $9,428 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $289,777 |
| Statement of Expenses | |
|---|---|
| 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 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 | $825 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $2,055 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $595 |
| 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 | $1,385 |
| All other expenses | $0 |
| Total functional expenses | $32,645 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $143,308 |
| Savings and temporary cash investments | $368,916 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $14,972 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $1 |
| Prepaid expenses and deferred charges | $0 |
| Investments—publicly traded securities | $964,061 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,491,258 |
| 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 | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Total liabilities and net assets/fund balances | $1,491,258 |
Grants Awarded
Over the last fiscal year, Whittier Public Library Foundation has awarded $16,590 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
CITY OF WHITTIER PURPOSE: PROVIDED RESOURCES THAT WOULD HELP THE PROGRAMS OF THE LIBRARY | $13,635 |
CITY OF WHITTIER PURPOSE: PROVIDED FUNDS FOR THE REMODEL OF CENTRAL LIBRARY | $2,955 |
Grants Recieved
Over the last fiscal year, we have identified 5 grants that Whittier Public Library Foundation has recieved totaling $89,500.
| Awarding Organization | Amount |
|---|---|
Stanley E Hanson Foundation Laguna Hills, CA PURPOSE: CENTRAL LIBRARY RENOVATION | $50,000 |
Ceres Foundation Northfield, IL PURPOSE: RENOVATIONS | $25,000 |
Gene And Elaine Allen Foundation Whittier, CA PURPOSE: TO SUPPORT PUBLIC LIBRARY | $12,000 |
Charles H And Beverly E Shaw Foundation Park Ridge, IL PURPOSE: TO SUPPORT PROGRAM AND OPERATIONAL EXPENSES. | $2,000 |
Ceres Foundation Northfield, IL PURPOSE: RENOVATIONS | $500 |
Endowment Analysis
| Beg. Balance | $533,931 |
| Net Contributions | $108,058 |
| Ending Balance | $641,989 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
River Charter Schools Clarksburg, CA | $6,835,428 | $11,158,967 |
Thomas Jefferson School Of Law San Diego, CA | $18,601,519 | $10,934,799 |
Csu Bakersfield Auxiliary For Sponsored Programs Administration Bakersfield, CA | $4,727,520 | $8,677,817 |
The University Foundation California State University Chico Chico, CA | $91,966,484 | $11,469,732 |
College For Certain Inc Oakland, CA | $162,300,050 | $19,960,533 |
San Tan Montessori School Inc Gilbert, AZ | $28,267,534 | $9,003,617 |
Nnh Support Reno, NV | $5,000 | $0 |
The Richard Nixon Foundation Yorba Linda, CA | $62,998,242 | $9,688,165 |
Great Basin College Foundation Elko, NV | $13,766,452 | $2,685,144 |
Ravenswood Education Foundation Menlo Park, CA | $10,833,886 | $9,405,979 |
University Foundation At Sacramento State Sacramento, CA | $93,463,770 | $14,749,605 |
Indian Institute Of Technology Kanpur Foundation Inc Palo Alto, CA | $2,445,670 | $9,032,117 |