Hester J Hodgdon Libraries for All Program EIN 68-0531140 Form 990 (PDF) Claim this org

Hester J Hodgdon Libraries for All Program FY2020 filing

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Establishes public libraries and supports community services in Nicaragua and Central America. For fiscal year 2020 it reported $111K in revenue, $88K in expenses, and $32K in net assets.Pt I

Type
Public foundation / grantmaker · Foundations & Grantmakers
Location
Fort Collins, CO
Website
www.librariesforall.org
Filings
5 on file (2020–2020)
Revenue
$111KFY2020
Expenses
$88K
Net assets
$32K
People
6
Filings
5
Updates
0
More identity details & actions ⌄
EIN  68-0531140 Public foundation / grantmaker Fort Collins, CO
Form 990 (PDF)
You’re viewing the FY2020 filing — not the latest on file. See the latest (FY2024) →
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Size
$100K–1M
What they do
Establishes public libraries and supports community services in Nicaragua and Central America.
Leadership
Jane Mirandett · Pres/Treas
Money in and out
$111K revenue, $88K expenses
Bottom line
83% program efficiency
Grants paid & assets · FY2020
Total revenue
$111K
Pt VIII · Ln 12
Total expenses
$88K
Pt IX · Ln 25
Net assets
$32K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $23K
Where spending went · Part IX cols B–D
Program services $0.83 Management & general $0.17
Program efficiency
83%
of spending reaches programs
Operating runway
1.4mo
months of highly liquid reserves at operating expense rate
Surplus margin
+21%
revenue over expenses, this year

Summary of the Filing

Part I · fiscal year 2020 · Form 990
Revenue
$111K
FY2020
Expenses
$88K
FY2020
Total assets
$45K
FY2020
Total liabilities
$13K
FY2020
Total revenue
$111K
Pt VIII · Ln 12
Total expenses
$88K
Pt IX · Ln 25
Net assets
$32K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$23K
Total assetsPt X · Ln 16$45K
Program-expense ratioPt IX · col B83%
Voting members of governing bodyPt I · Ln 3pending
Independent voting membersPt I · Ln 4pending

Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CHester J Hodgdon Libraries for All Program
EINHdr · item D68-0531140
Principal addressHdr · item CFort Collins, CO
WebsiteHdr · item Jwww.librariesforall.org
Year of formationHdr · item Lpending
State of legal domicileHdr · item MCO
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFFoundations & Grantmakers (T30)
Ruling yearIRS BMFJun 2003

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1apending
Independent voting membersPt VI · Ln 1bpending
Conflict-of-interest policyPt VI · Ln 12aNo
Whistleblower policyPt VI · Ln 13No
Document retention policyPt VI · Ln 14No
CEO/top-official compensation independently reviewedPt VI · Ln 15aNo
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
Pres/Treas
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Educ Director
$0Pt VII · Sec A
Exec Bd Member
$0Pt VII · Sec A
Exec Bd Member
$0Pt VII · Sec A
See Hester J Hodgdon Libraries for All Program executive salaries →

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Mission & Programs · Part III

Where the work happens

3 program services account for $73K of program spending, described in the organization's own filed words · FY2020.
01

San juan del sur biblioteca is the first functioning lending library

$56Kprogram expense
02

When the library was first operating and successful, individuals and

$14Kprogram expense
03

San juan del sur mobile project support is the first book mobile avail

$4Kprogram expense

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Statement of Revenue

Part VIII
Contributions & grants100%$111K
Total revenueLn 12$111K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.83 Management & general $0.17
Program services83%$73K
Management & general17%$15K
Total functional expensesLn 25$88K

Balance Sheet

Part X · end of year
CashLn 1$10K
Total assetsLn 16$45K
Total liabilitiesLn 26$13K
Total net assetsLn 32$32K
Months of cash on handcomputed1.4

Financial Metrics

Form 990 · FY2020 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $10K · Operating expenses/yr $88K
1.4 months
Where the money goes
Program services
Program services $73K · Total expenses $88K
83%
Management & General
Management & general $15K · Total expenses $88K
17%
Fundraising
Fundraising $0 · Total expenses $88K
0%
Cost to raise $1
Fundraising expense $0 · Solicited contributions $111K
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $111K · Total revenue $111K
100%
Government reliance
Government grants — · Total revenue $111K
Earned-income share
Program service revenue $0 · Total revenue $111K
0%
Investment reliance
Investment income $0 · Total revenue $111K
0%
Program self-sufficiency
Program service revenue $0 · Total expenses $88K
0%
Growth & trend
Revenue growth (YoY)
This year $111K · Prior year —
No prior year on file
Net-asset trend (YoY)
End of year $32K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $111K · Expenses $88K
+21%
Liabilities-to-Assets
Total liabilities — · Total assets $45K
Net-asset ratio
Net assets $32K · Total assets $45K
71%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $45K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Jane Mirandett · Reported title PRES/TREAS · Highest reported compensation $0 · Total expenses $88K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) — · Total expenses $88K
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 83%
Overhead ratio 17%
Fundraising cost ratio 0%
Accounting fee ratio 0.4%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Grants

Schedule I · funders on record
Grants received · FY2024
Total grants receivedfrom 2 funders$21K

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2024 (Latest)$233K revenue · ⤓ 990 PDF
FY2023$182K revenue · ⤓ 990 PDF
FY2022$145K revenue · ⤓ 990 PDF
FY2021$160K revenue · ⤓ 990 PDF
FY2020$111K revenue · viewing · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2020IRS
Classification, formation year, addressIRS Business Master File
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