Jefferson County Library Foundation INC

Tax-deductible

Wheat Ridge, CO501(c)(3)EIN 23-7029313

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The Jefferson County Library foundation's mission is to support and enrich the capabilities, resources and services of the Jefferson County public Library through fundraising and advocacy efforts that benefit our diverse community.

501(c)(3) charity; gifts are tax-deductible.
70¢ of each $1 spent went to programs.
Run by 200 volunteers and 5 employees.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · People: Part I, lines 5–6

Before you give

FY2024 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
1 of 5
filings with a surplus
Average deficit $40K a year · 6% of revenue · last 5 filings
Concern: a surplus in 1 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
70%
of spending
Fine: 70% of spending went to programs; 65% to 75%.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$104K
to officers and key staff · 12% of spending
Looks good: pay to officers and key staff is 12% of spending; 15% or less.
Pt VII · Sec A
Cash reserves
2 mo
of spending, in cash
Fine: 2.5 months of spending in cash; 1 to 3.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
2
named funders · $143K
Fine: 2 funders name it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$339K
34% of total assets
Looks good: liabilities are 34% of assets; 50% or less.
Pt X · Ln 26
Independent board members
13
of 13 voting members
Looks good: 13 of 13 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$817K
+35% vs prior year
Spent
$879K
To programs
70%
Net assets
$672K
By yearFY2020–FY2024
Revenue
$817K
FY2024▲ +35%
Revenue by fiscal year
FY2020$436K
FY2021$773K
FY2022$612K
FY2023$606K
FY2024$817K
Expenses
$879K
FY2024▲ +23%
Expenses by fiscal year
FY2020$516K
FY2021$708K
FY2022$629K
FY2023$715K
FY2024$879K
Net assets
$672K
FY2024▼ -6%
Net assets by fiscal year
FY2020$842K
FY2021$975K
FY2022$786K
FY2023$715K
FY2024$672K

From the FY2024 Form 990 · see the original

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Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Jul 1969.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

70 cents of each dollar spent went to programs.

Program services 70% · $614K Management & general 21% · $182K Fundraising 9% · $83K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

14 people listed on the 990; $104K paid to officers and key staff.

Part VII, Section A · reportable compensation
Executive Di
$103,883Pt VII · Sec A
Vice-Preside
$0Pt VII · Sec A
Secretary
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
President
$0Pt VII · Sec A

Compensation history total reportable pay by year · 1 named individual · Part VII

NameFY2024FY2023FY2022FY2021FY2020
Jo Schantz$103,883$93,300$83,304$80,523$76,449

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes

Programs and updates

Raises funds and advocates to enhance library resources and services for the community.

Provided by the organization

This section is blank until Jefferson County Library Foundation INC claims this page.

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2 program services account for $614K of program spending, described in the organization's own filed words · FY2024.
01

Literacy and reading the annual summer reading program promotes reading for children and teens throughout the summer months so they don't lose their literacy skills - something known in educational circles as the "summer slide". The program also encourages parents and other adults to participate and serve as reading role models.

$580Kprogram expense
02

Volunteer Support

Provides oversight and recognition of the friends of the jefferson county public library membership group and other volunteers that assist with the foundation's programs.

$34Kprogram expense

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Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · received and paid
Grants received · FY2024
Total grants receivedfrom 2 funders$143K
Grants paid · 5 grants · $823K · 2020–2024
Jefferson County LibraryFY2024$193,635
Jefferson County LibraryFY2023$105,808
Jefferson County LibraryFY2022$100,361
Jefferson County LibraryFY2021$243,241
Jefferson County LibraryFY2020$179,634

By the numbers

The FY2024 990, line by line.

1The main four
Money inPt VIII
$817K
Ln 12
Other incomeLn 4–11$471K
Gifts and grantsLn 1h$311K
Investment incomeLn 3$35K
Money outPt IX
$879K
Ln 25
Programscol B$614K
Managementcol C$182K
Fundraisingcol D$83K
Owns and owesPt X
$672K
net assets · Ln 32
Cash and savingsLn 1–2$182K
Total assetsLn 16$1.0M
LiabilitiesLn 26$339K
PeoplePt VI, VII
14
listed · VII A
PaidVII A1
Voting boardVI 1a13
IndependentVI 1b13
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$311K
Noncash giftsLn 1g$22K
Fundraising eventsLn 1c$7K
Investment incomeLn 3$35K
Other incomeLn 4–11$471K
Total revenueLn 12$817K
Assets in detailPt X, end of year
CashLn 1$97K
SavingsLn 2$85K
Cash and savings togetherLn 1–2$182K
InvestmentsLn 11–13$707K
Land, buildings, equipmentLn 10c$5K
Total assetsLn 16$1.0M
LiabilitiesLn 26$339K
Net assetsLn 32$672K
OperationsPt I, VI
EmployeesI 55
VolunteersI 6200
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY24End FY24
Cash and savingsLn 1–2$358K$182K
InvestmentsLn 11–13$678K$707K
Land, buildings, equipmentLn 10c$5K
Total assetsLn 16$1.1M$1.0M
LiabilitiesLn 26$373K$339K
Net assetsLn 32$715K$672K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$194K$194K
Pay of current officers, directors and key staffLn 5$116K$71K$24K$21K
Other salaries and wagesLn 7$153K$94K$31K$28K
Pension plan contributionsLn 8$3K$2K$791$477
Other employee benefitsLn 9$19K$11K$5K$3K
Payroll taxesLn 10$21K$12K$6K$3K
Other fees for servicesLn 11g$119K$54K$62K$3K
Advertising and promotionLn 12$9K$7K$320$1K
Office expensesLn 13$42K$32K$7K$2K
Information technologyLn 14$26K$13K$9K$4K
OccupancyLn 16$87K$62K$11K$14K
TravelLn 17$6K$5K$658$45
Conferences, conventions and meetingsLn 19$40K$37K$677$2K
InterestLn 20$4K$4K
Depreciation, depletion and amortizationLn 22$2K$2K
Other expenses (24a–d)Ln 24$38K$20K$17K$1K
Total functional expensesLn 25$879K$614K$182K$83K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest Viewing $817K$879K−$61K$672K 990 PDF
FY2023 $606K$715K−$108K$715K 990 PDF
FY2022 $612K$629K−$17K$786K 990 PDF
FY2021 $773K$708K$64K$975K 990 PDF
FY2020 $436K$516K−$79K$842K 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2024 990 (4 parts)
Part VIII · Statement of revenue $817,396 across 8 lines filed
Lines not itemized here account for $193,977 of total revenue; see the IRS return.
VIII-1c Fundraising events$6,554
VIII-1f All other contributions, gifts and grants$304,895
VIII-1g Noncash contributions (included above)$21,954
VIII-1h Total contributions, gifts and grants$311,449
VIII-3 Investment incomeExcluded from tax $34,901$34,901
VIII-8 Net income from fundraising eventsExcluded from tax $274,437$274,437
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Related to mission $2,632$2,632
VIII-12 Total revenueRelated to mission $2,632 · Excluded from tax $503,315$817,396
Part IX · Statement of functional expenses $878,518 across 16 lines filed
IX-1 Grants to domestic organizationsPrograms $193,635$193,635
IX-5 Pay of current officers, directors and key staffPrograms $70,675 · Management $24,159 · Fundraising $20,982$115,816
IX-7 Other salaries and wagesPrograms $94,131 · Management $30,814 · Fundraising $28,026$152,971
IX-8 Pension plan contributionsPrograms $1,652 · Management $791 · Fundraising $477$2,920
IX-9 Other employee benefitsPrograms $10,988 · Management $5,262 · Fundraising $3,173$19,423
IX-10 Payroll taxesPrograms $11,935 · Management $5,716 · Fundraising $3,447$21,098
IX-11g Other fees for servicesPrograms $54,061 · Management $62,469 · Fundraising $2,560$119,090
IX-12 Advertising and promotionPrograms $7,403 · Management $320 · Fundraising $1,292$9,015
IX-13 Office expensesPrograms $32,068 · Management $7,312 · Fundraising $2,332$41,712
IX-14 Information technologyPrograms $13,047 · Management $8,938 · Fundraising $3,884$25,869
IX-16 OccupancyPrograms $62,198 · Management $11,356 · Fundraising $13,854$87,408
IX-17 TravelPrograms $4,994 · Management $658 · Fundraising $45$5,697
IX-19 Conferences, conventions and meetingsPrograms $37,320 · Management $677 · Fundraising $1,707$39,704
IX-20 InterestManagement $3,935$3,935
IX-22 Depreciation, depletion and amortizationManagement $2,295$2,295
IX-24 Other expenses (24a–d)Programs $19,635 · Management $17,188 · Fundraising $1,107$37,930
IX-25 Total functional expensesPrograms $613,742 · Management $181,890 · Fundraising $82,886$878,518
Part X · Balance sheet $1,011,064 assets, 18 lines filed
X-1 Cash, non-interest-bearingStart of year $202,834$96,752
X-2 Savings and temporary cash investmentsStart of year $154,959$85,009
X-3 Pledges and grants receivableStart of year $19,692$2,000
X-4 Accounts receivable$3,000
X-8 Inventories for sale or useStart of year $6,569$6,334
X-9 Prepaid expenses and deferred chargesStart of year $6,594$6,903
X-10c Land, buildings and equipment, net$5,215
X-12 Other securitiesStart of year $678,100$706,698
X-14 Intangible assetsStart of year $19,687$99,153
X-16 Total assetsStart of year $1,088,435$1,011,064
X-17 Accounts payable and accrued expensesStart of year $207,883$97,892
X-24 Unsecured notes and loans payableStart of year $144,392$140,635
X-25 Other liabilitiesStart of year $20,975$100,276
X-26 Total liabilitiesStart of year $373,250$338,803
X-27 Net assets without donor restrictionsStart of year $17,393−$46,437
X-28 Net assets with donor restrictionsStart of year $697,792$718,698
X-32 Total net assets or fund balancesStart of year $715,185$672,261
X-33 Total liabilities and net assetsStart of year $1,088,435$1,011,064
Part XI · Reconciliation of net assets $672,261 net assets at year end
XI-1 Total revenue$817,396
XI-2 Total expenses$878,518
XI-3 Revenue less expenses−$61,122
XI-4 Net assets at start of year$715,185
XI-9 Other changes in net assets$18,198
XI-10 Net assets at end of year$672,261

Form 990 e-file (XML) FY2024 from the IRS · Classification, formation year and address from the IRS Business Master File

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