Douglas County Libraries Foundation EIN 84-1207775

Douglas County Libraries Foundation

EIN  84-1207775 Public charity (501(c)(3)) Castle Rock, CO
Form 990 (PDF) Compare with another nonprofit →
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Size
$100K–1M
What they do
Promotes library awareness and sponsors programs to enhance education and culture.
Leadership
Elaine McCain · Chair
Money in and out
$766K revenue, $215K expenses
Bottom line
68% program efficiency

Promotes library awareness and sponsors programs to enhance education and culture. For fiscal year 2025 it reported $766K in revenue, $215K in expenses, and $2.8M in net assets.Pt I

Where the money goes · FY2025
Total revenue
$766K
Pt VIII · Ln 12
Total expenses
$215K
Pt IX · Ln 25
Net assets
$2.8M
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $551K
Where spending went · Part IX cols B–D
Program services $0.68 Management & general $0.32
Program efficiency
68%
of spending reaches programs▼ -3% vs prior filing year
Operating runway
166.0mo
months of highly liquid reserves at operating expense rate▲ +8% vs prior filing year
Surplus margin
+72%
revenue over expenses, this year▲ +27% vs prior filing year

Summary of the Filing

Part I · fiscal year 2025 · Form 990
Revenue
$766K
FY2025▲ +64%
Expenses
$215K
FY2025▲ +6%
Total assets
$3.0M
FY2025▲ +15%
Total liabilities
$217K
FY2025▼ -30%
Total revenue
$766K
Pt VIII · Ln 12
Total expenses
$215K
Pt IX · Ln 25
Net assets
$2.8M
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$551K
Total assetsPt X · Ln 16$3.0M
Program-expense ratioPt IX · col B68%
Voting members of governing bodyPt I · Ln 311
Independent voting membersPt I · Ln 411
Mission & Programs · Part III

Where the work happens

1 program service account for $146K of program spending, described in the organization's own filed words · FY2025.
01

The douglas county libraries foundation delivers funding and resources to help sustain douglas county libraries and positively impact our community members so they can grow and thrive. During 2025 the foundation funded the library district's programs for adult services, education, local history, volunteer services, and online high…

$146Kprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CDouglas County Libraries Foundation
EINHdr · item D84-1207775
Principal addressHdr · item CCastle Rock, CO
WebsiteHdr · item Jwww.dcl.org/foundation
Year of formationHdr · item Lpending
State of legal domicileHdr · item MCO
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFEducation (B11)
Ruling yearIRS BMFSep 2016

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a11
Independent voting membersPt VI · Ln 1b11
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13No
Document retention policyPt VI · Ln 14Yes
CEO/top-official compensation independently reviewedPt VI · Ln 15aNo
Family or business relationships among officers/directorsPt VI · Ln 2Yes

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
$0Pt VII · Sec A
$0Pt VII · Sec A
Vice Chair
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
See Douglas County Libraries Foundation executive salaries →

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Statement of Revenue

Part VIII
Investment income$393K · 51%
Contributions & grants$306K · 40%
Program service revenue$107K · 14%
Investment income51%$393K
Contributions & grants40%$306K
Program service revenue14%$107K
Total revenueLn 12$766K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.68 Management & general $0.32
Program services68%$146K
Management & general32%$70K
Total functional expensesLn 25$215K

Balance Sheet

Part X · end of year
CashLn 1$90K
Total assetsLn 16$3.0M
Total liabilitiesLn 26$217K
Total net assetsLn 32$2.8M
Months of cash on handcomputed5.0

Financial Metrics

Form 990 · FY2025 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $3.0M · Operating expenses/yr $215K
166.0 months
Where the money goes
Program services
Program services $146K · Total expenses $215K
68%
Management & General
Management & general $70K · Total expenses $215K
32%
Fundraising
Fundraising $0 · Total expenses $215K
0%
Cost to raise $1
Fundraising expense (3-yr avg) $0 · Solicited contributions (3-yr avg) $244K
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $306K · Total revenue $766K
40%
Government reliance
Government grants — · Total revenue $766K
Earned-income share
Program service revenue $107K · Total revenue $766K
14%
Investment reliance
Investment income $393K · Total revenue $766K
+51%
Program self-sufficiency
Program service revenue $107K · Total expenses $215K
50%
Growth & trend
Revenue growth (YoY)
This year $766K · Prior year $469K
+64%
Revenue CAGR
FY2020 $214K · FY2025 $766K
+29%
Net-asset trend (YoY)
End of year $2.8M · Beginning of year $2.3M
+21%
Balance sheet
Surplus Margin
Revenue $766K · Expenses $215K
+72%
Liabilities-to-Assets
Total liabilities $217K · Total assets $3.0M
7%
Net-asset ratio
Net assets $2.8M · Total assets $3.0M
93%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $2.9M · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $3.0M
97%
People & payroll
Highest Reported Total Compensation
Individual Elaine McCain · Reported title CHAIR · Highest reported compensation $0 · Total expenses $215K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) — · Total expenses $215K
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 68%
Overhead ratio 32%
Fundraising cost ratio 0%
Revenue growth 64%
Investment management fee ratio 0%

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 · received and paid
Grants received · FY2024
Total grants receivedfrom 3 funders$98K
See all 3 funders →
Grants paid · 6 grants · $601K · 2020–2025
Douglas County LibrariesFY2025$145,648
Douglas County LibrariesFY2024$140,963
Douglas County LibrariesFY2023$144,061
Douglas County LibrariesFY2022$51,611
Douglas County LibrariesFY2021$79,643
Douglas County LibrariesFY2020$38,647

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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)$766K revenue · viewing · ⤓ 990 PDF
FY2024$469K revenue · ⤓ 990 PDF
FY2023$375K revenue · ⤓ 990 PDF
FY2022$537K revenue · ⤓ 990 PDF
FY2021$317K revenue · ⤓ 990 PDF
FY2020$214K 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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