Olney Community Library INC: Nonprofit Profile, Financials & Form 990 (EIN 75-1738379)

Revenue by fiscal year
FY2020	$305K
FY2021	$279K
FY2022	$264K
FY2023	$465K
FY2024	$332K
FY2025	$393K

Expenses by fiscal year
FY2020	$252K
FY2021	$274K
FY2022	$272K
FY2023	$401K
FY2024	$309K
FY2025	$313K

Net assets by fiscal year
FY2020	$474K
FY2021	$478K
FY2022	$470K
FY2023	$534K
FY2024	$557K
FY2025	$447K

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Nov 1990.

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

Where the money goes

100 cents of each dollar spent went to programs.

100%

Program services 100% · $313K

Form 990 Part IX, line 25. Every line is in By the numbers.

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Who runs it and what they're paid

10 people listed on the 990.

Part VII, Section A · reportable compensation · most recent filed roster (FY2024); the FY2025 filing did not itemize Part VII

Phil Jeske

President

$0Pt VII · Sec A

Lyndsey Miller

Vice President

$0Pt VII · Sec A

Summer Branum

Secretary

$0Pt VII · Sec A

Trudy Capps

Treasurer

$0Pt VII · Sec A

Alyssa Betts

Director

$0Pt VII · Sec A

Greg Roach

Director

$0Pt VII · Sec A

Kim Bishop

Director

$0Pt VII · Sec A

Chuck Stennett

Director

$0Pt VII · Sec A

See Olney Community Library INC executive salaries →

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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 15aNo

Programs and updates

Olney Community Library INC is an education nonprofit based in Olney, TX.

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Provided by the organization

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1 program · $313K · in their own filed words · FY2024

01

Books, Movies, and Audio Cds Circulated

38,046 including computers used by the public: 493. Meeting room used 109 times by 2,549 people.

$313Kprogram expense

Funders

Who pays for it.

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

Grants

Schedule I · funders on record

Grants received · FY2024

The Priddy FoundationFY2024$20K

Travis H and Gladys Edwards Charitable FoundationFY2024$5K

Total grants receivedfrom 2 funders$25K

By the numbers

The FY2025 990, line by line.

Download 990

from philanthropy.org

1The main four

Money inPt VIII

$393K

Ln 12

Gifts and grantsLn 1h$379K

Investment incomeLn 3$12K

Fees for servicesLn 2g$3K

Money outPt IX

$313K

Ln 25

Programscol B$313K

Owns and owesPt X

$447K

net assets · Ln 32

Cash and savingsLn 1–2$398K

Total assetsLn 16$447K

LiabilitiesLn 26$0

PeoplePt VI, VII

10

listed · VII A

PaidVII A0

Voting boardVI 1a9

IndependentVI 1b9

2In more detail

Revenue in detailPt VIII

Gifts and grantsLn 1h$379K

Government grantsLn 1e$287K

Fees for servicesLn 2g$3K

Investment incomeLn 3$12K

Total revenueLn 12$393K

Assets in detailPt X, end of year

CashLn 1$26K

SavingsLn 2$372K

Cash and savings togetherLn 1–2$398K

Land, buildings, equipmentLn 10c$49K

Total assetsLn 16$447K

LiabilitiesLn 26$0

Net assetsLn 32$447K

OperationsPt I, VI

EmployeesI 50

VolunteersI 60

Fiscal year endsHeaderAugust

Conflict-of-interest policyVI 12aNo

Whistleblower policyVI 13No

Records policyVI 14No

3Year over year

Balance sheet, start vs end of yearPt X · col A, B

Line	Start FY25	End FY25
Cash and savingsLn 1–2	$348K	$398K
Land, buildings, equipmentLn 10c	$210K	$49K
Total assetsLn 16	$557K	$447K
LiabilitiesLn 26	$0	$0
Net assetsLn 32	$557K	$447K

4Every line

Statement of functional expensesPt IX · every line

Line	Total	Programs	Management	Fundraising
Other salaries and wagesLn 7	$226K	$226K
OccupancyLn 16	$5K	$5K
TravelLn 17	$918	$918
Depreciation, depletion and amortizationLn 22	$7K	$7K
InsuranceLn 23	$23K	$23K
Other expenses (24a–d)Ln 24	$48K	$48K
All other expensesLn 24e	$3K	$3K
Total functional expensesLn 25	$313K	$313K	$0	$0

Filing history

Year	Money in	Money out	In minus out	Net assets	Download
FY2025 Latest Viewing	$393K	$313K	$80K	$447K	990 PDF
FY2024	$332K	$309K	$23K	$557K	990 PDF
FY2023	$465K	$401K	$64K	$534K	990 PDF
FY2022	$264K	$272K	−$9K	$470K	990 PDF
FY2021	$279K	$274K	$5K	$478K	990 PDF
FY2020	$305K	$252K	$52K	$474K	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 FY2025 990 (6 parts)

Part I · Summary $392,850 revenue, 12 lines filed

I-8 Contributions and grantsPrior year $313,616$378,588

I-9 Program service revenuePrior year $4,957$3,432

I-10 Investment incomePrior year $12,449$11,585

I-11 Other revenuePrior year $782−$755

I-12 Total revenuePrior year $331,804$392,850

I-13 Grants and similar amounts paidPrior year $0$0

I-14 Benefits paid to membersPrior year $0$0

I-15 Salaries and benefitsPrior year $218,036$226,027

I-16a Professional fundraising feesPrior year $0$0

I-17 Other expensesPrior year $90,509$86,753

I-18 Total expensesPrior year $308,545$312,780

I-19 Revenue less expensesPrior year $23,259$80,070

Part VI · Governance 9 of 9 board members independent, 4 to look at

VI-1a Voting members of the governing body9

VI-1b Independent voting members9

VI-12a Written conflict of interest policyNo

VI-13 Written whistleblower policyNo

VI-14 Document retention and destruction policyNo

VI-15a Process for setting top official's payNo

VI-2 Family or business relationship among officers or directorsNo

Part VIII · Statement of revenue $392,850 across 7 lines filed

Lines not itemized here account for $1,892 of total revenue; see the IRS return.

VIII-1e Government grants$286,976

VIII-1f All other contributions, gifts and grants$91,612

VIII-1h Total contributions, gifts and grants$378,588

VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $1,540$1,540

VIII-3 Investment incomeRelated to mission $11,585$11,585

VIII-8 Net income from fundraising eventsExcluded from tax −$755−$755

VIII-12 Total revenueRelated to mission $15,017 · Unrelated business $0 · Excluded from tax −$755$392,850

Part IX · Statement of functional expenses $312,780 across 7 lines filed

IX-7 Other salaries and wagesPrograms $226,027$226,027

IX-16 OccupancyPrograms $4,885$4,885

IX-17 TravelPrograms $918$918

IX-22 Depreciation, depletion and amortizationPrograms $6,783$6,783

IX-23 InsurancePrograms $23,311$23,311

IX-24 Other expenses (24a–d)Programs $47,519$47,519

IX-24e All other expensesPrograms $3,337$3,337

IX-25 Total functional expensesPrograms $312,780 · Management $0 · Fundraising $0$312,780

Part X · Balance sheet $447,016 assets, 7 lines filed

X-1 Cash, non-interest-bearingStart of year $33,108$25,533

X-2 Savings and temporary cash investmentsStart of year $314,404$372,386

X-10c Land, buildings and equipment, netStart of year $209,500$49,097

X-16 Total assetsStart of year $557,012$447,016

X-26 Total liabilitiesStart of year $0$0

X-32 Total net assets or fund balancesStart of year $557,012$447,016

X-33 Total liabilities and net assetsStart of year $557,012$447,016

Part XI · Reconciliation of net assets $447,016 net assets at year end

XI-1 Total revenue$392,850

XI-2 Total expenses$312,780

XI-3 Revenue less expenses$80,070

XI-4 Net assets at start of year$557,012

XI-9 Other changes in net assets−$190,066

XI-10 Net assets at end of year$447,016

Form 990 e-file (XML) FY2025 from the IRS · Classification, formation year and address from the IRS Business Master File

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Olney Community Library INC

Before you give

Is it real?

Where the money goes

Who runs it and what they're paid

Questions the 990 asks

Programs and updates

Questions for Olney Community Library INC

Books, Movies, and Audio Cds Circulated

Funders

Grants

By the numbers

Filing history

Schedules filed Part IV