Abilene Library Consortium

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EIN 75-2216565 Supporting organization Abilene, TX
Form 990 (PDF)

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Revenue & expenses by yearFY2020–FY2025
Revenue
$407K
FY2025▲ +5%
Expenses
$413K
FY2025▼ -16%

Form 990 for the fiscal year ending May 2025 (IRS tax year 2024).


Strengthens library resources and services, offering data processing and digital archiving. For fiscal year 2025 it reported $407K in revenue, $413K in expenses, and $646K in net assets.Pt I

Type
Supporting organization · Nonprofit
Location
Abilene, TX
Website
www.alc.org
Filings
6 on file (2020–2025)
Revenue
$407KFY2025
Expenses
$413K
Net assets
$646K
People
6
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Provided by the organization

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Size
$100K–1M
What they do
Strengthens library resources and services, offering data processing and digital archiving.
Leadership
Edward Smith · Executive Di
Money in and out
$407K revenue, $413K expenses
Bottom line
-1% net inflow

What Funders Ask

6 questions, answered from this org's own filings

Will my donation be tax-deductible?

GOOD

Yes — A charitable, religious, educational, scientific, or literary organization. Contributions are generally tax-deductible for donors.

IRS Business Master File records this organization as tax-exempt with deductible contributions. See detail →

Can I donate to this org right now?

GOOD

No revocation on IRS record

This EIN does not appear on the IRS auto-revocation list. See detail →

Is this organization up to date?

GOOD

Filed FY2024 (typical filing lag)

Most recent Form 990 on file is for fiscal year 2024 (2 years ago). See detail →

Is it receiving grants from reputable foundations?

GOOD

1 funder — Community Foundation of Abilene

1 distinct foundation funder(s) on file, $40K received in the most recent year with grants. See detail →

How is the money spent?

GOOD

93% to programs

93% of total functional expenses went to program services in the most recent filing (Form 990 Part IX); the rest is overhead and fundraising. See detail →

What's its financial size and trend?

NEUTRAL

$100K–1M · ↑ +5% vs prior year

Revenue band $100K–1M, +5% versus the prior filing year (up). See detail →

Money in and out · FY2025
Total revenue
$407K
Pt VIII · Ln 12
Total expenses
$413K
Pt IX · Ln 25
Net assets
$646K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): −$5K
Where spending went · Part IX cols B–D
Program services $0.93 Management & general $0.07
Net inflow
-1%
revenue over expenses, this year▲ +95% vs prior filing year
Pass-through gifts
1.0%
of revenue from contributions▲ +27% vs prior filing year
Program spending
93%
of expenses reach stated programs▼ -1% vs prior filing year

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Summary of the Filing

Part I · fiscal year 2025 · Form 990
Total assets
$658K
FY2025▲ +1%
Total liabilities
$12K
FY2025▼ -14%
Revenue less expensesPt I · Ln 19−$5K
Total assetsPt X · Ln 16$658K
Program-expense ratioPt IX · col B93%
Voting members of governing bodyPt I · Ln 35
Independent voting membersPt I · Ln 45

Identity & Classification

Form 990 Header · IRS Business Master File
Legal name (IRS)Hdr · item CAbilene Library Consortium
EINHdr · item D75-2216565
Principal addressHdr · item CAbilene, TX
WebsiteHdr · item Jwww.alc.org
Year of formationHdr · item Lpending
State of legal domicileHdr · item MTX
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFNonprofit
Ruling yearIRS BMFAug 1991

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a5
Independent voting membersPt VI · Ln 1b5
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13Yes
Document retention policyPt VI · Ln 14Yes
CEO/top-official compensation independently reviewedPt VI · Ln 15aYes
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation · most recent filed roster (FY2024); the FY2025 filing did not itemize Part VII
Executive Di
$0Pt VII · Sec A
$0Pt VII · Sec A
Vice Preside
$0Pt VII · Sec A
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
See Abilene Library Consortium executive salaries →

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Mission & Programs · Part III

Where the work happens

1 program service account for $375K of program spending, described in the organization's own filed words · FY2024.
01

Providing library and data processing services to libraries, institutions, organizations, and individuals in the abilene, TX area, plus completing digital archiving projects on behalf of members.

$375Kprogram expense

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Statement of Revenue

Part VIII
Program service revenue$393K · 96%
Investment income$10K · 3%
Contributions & grants$4K · 1%
Program service revenue96%$393K
Investment income3%$10K
Contributions & grants1%$4K
Total revenueLn 12$407K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.93 Management & general $0.07
Program services93%$383K
Management & general7%$29K
Total functional expensesLn 25$413K

Balance Sheet

Part X · end of year
CashLn 1$245K
Total assetsLn 16$658K
Total liabilitiesLn 26$12K
Total net assetsLn 32$646K
Months of cash on handcomputed7.1

Financial Metrics

Form 990 · FY2025 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $283K · Operating expenses/yr $413K
8.2 months
Where the money goes
Program services
Program services $383K · Total expenses $413K
93%
Management & General
Management & general $29K · Total expenses $413K
7%
Fundraising
Fundraising $0 · Total expenses $413K
0%
Cost to raise $1
Fundraising expense (3-yr avg) $0 · Solicited contributions (3-yr avg) $46K
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $4K · Total revenue $407K
1.0%
Government reliance
Government grants — · Total revenue $407K
—
Earned-income share
Program service revenue $393K · Total revenue $407K
96%
Investment reliance
Investment income $10K · Total revenue $407K
+3%
Program self-sufficiency
Program service revenue $393K · Total expenses $413K
95%
Growth & trend
Revenue growth (YoY)
This year $407K · Prior year $388K
+5%
Revenue CAGR
FY2019 $502K · FY2024 $407K
-4%
Net-asset trend (YoY)
End of year $646K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $407K · Expenses $413K
-1%
Liabilities-to-Assets
Total liabilities — · Total assets $658K
—
Net-asset ratio
Net assets $646K · Total assets $658K
98%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) $38K · Total assets (Pt X, ln 16) $658K
6%
People & payroll
Highest Reported Total Compensation
Individual Edward Smith · Reported title EXECUTIVE DI · Highest reported compensation $0 · Total expenses $413K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $245K · Total expenses $413K
59%
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 93%——
Overhead ratio 7%——
Fundraising cost ratio 0%——
Revenue growth 5%——
Accounting fee ratio 2%——

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 · FY2023
Total grants receivedfrom 1 funder$40K

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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
FY2025 (Latest)$407K revenue · viewing · ⤓ 990 PDF
FY2024$388K revenue · ⤓ 990 PDF
FY2023$511K revenue · ⤓ 990 PDF
FY2022$520K revenue · ⤓ 990 PDF
FY2021$500K revenue · ⤓ 990 PDF
FY2020$502K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2025IRS
Classification, formation year, addressIRS Business Master File
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