Civic Intelligence

Boulder Public Library Foundation Inc.

990 • Fiscal year 2020 • EIN 23-7408456

Jan 01, 2020 to Dec 31, 2020 • Filed on Sep 17, 2021

Refreshing map…

1001 Arapahoe AvenueBoulder, CO 80302

(303) 543-1337

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

9th percentile

0.00x

Higher debt load relative to assets than 9% of similar nonprofits.

2020 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2020

Liabilities / Revenue

9th percentile

0.00x

Higher debt load relative to revenue than 9% of similar nonprofits.

2020 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2020

Net Margin

19th percentile

-11%

Higher net margin than 19% of similar nonprofits.

2020 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2020

Top Officer Pay

21st percentile

$0

Higher top officer pay than 21% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2020 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2020

Asset Growth

50th percentile

6.2%

Faster asset growth than 50% of similar nonprofits.

2020 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2019 to 2020

Revenue Growth

9th percentile

-43%

Faster revenue growth than 9% of similar nonprofits.

2020 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2019 to 2020

Assets

Up

$6,008,902

Up $349,910 (+6.2%) from 2019

Net Assets

Up

$6,007,589

Up $349,875 (+6.2%) from 2019

Liabilities

Up

$1,313

Up $35 (+2.7%) from 2019

Revenue

Down

$557,045

Down $423,102 (-43%) from 2019

Expenses

Down

$617,781

Down $12,056 (-1.9%) from 2019

Net Income

Down

-$60,736

Down $411,046 (-117%) from 2019

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$8.0M$6.0M$4.0M$2.0M$0-$2.0MAssets 2012: $4,638,804Liabilities 2012: $28,232Net Assets 2012: $4,610,5722012Assets 2013: $5,343,859Liabilities 2013: $26,915Net Assets 2013: $5,316,9442013Assets 2014: $5,744,829Liabilities 2014: $32,520Net Assets 2014: $5,712,3092014Assets 2015: $4,835,999Liabilities 2015: $101,413Net Assets 2015: $4,734,5862015Assets 2016: $4,985,713Liabilities 2016: $158,944Net Assets 2016: $4,826,7692016Assets 2017: $5,218,878Liabilities 2017: $499Net Assets 2017: $5,218,3792017Assets 2018: $4,585,952Liabilities 2018: -$1,268Net Assets 2018: $4,587,2202018Assets 2019: $5,658,992Liabilities 2019: $1,278Net Assets 2019: $5,657,7142019Assets 2020: $6,008,902Liabilities 2020: $1,313Net Assets 2020: $6,007,5892020Assets 2021: $5,793,663Liabilities 2021: $5,908Net Assets 2021: $5,787,7552021Assets 2022: $4,966,538Liabilities 2022: $12,766Net Assets 2022: $4,953,7722022

Highlighted filing

2020

Assets$6,008,902
Liabilities$1,313
Net Assets$6,007,589

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$1.5M$1.0M$500K$0-$500KExpenses 2012: $168,6492012Revenue 2013: $216,627Expenses 2013: $135,590Net Income 2013: $81,0372013Revenue 2014: $245,473Expenses 2014: $170,604Net Income 2014: $74,8692014Revenue 2015: $338,433Expenses 2015: $729,336Net Income 2015: -$390,9032015Revenue 2016: $533,256Expenses 2016: $356,542Net Income 2016: $176,7142016Revenue 2017: $198,091Expenses 2017: $391,989Net Income 2017: -$193,8982017Revenue 2018: $320,380Expenses 2018: $447,520Net Income 2018: -$127,1402018Revenue 2019: $980,147Expenses 2019: $629,837Net Income 2019: $350,3102019Revenue 2020: $557,045Expenses 2020: $617,781Net Income 2020: -$60,7362020Revenue 2021: $1,056,006Expenses 2021: $1,288,812Net Income 2021: -$232,8062021Revenue 2022: $1,168,516Expenses 2022: $782,052Net Income 2022: $386,4642022

Highlighted filing

2020

Revenue$557,045
Expenses$617,781
Net Income-$60,736
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
Sep 17, 2021
Return Version
2020v4.1
Gross Receipts
$557,045
Mission and Program Overview

Mission

To expand and enhance the library's offerings by providing funding for: * free concerts, films, and other special events;* activities that compliment the library's collection and electronic resources; * educational, cultural, and civic programs to enrich the lives of the entire boulder community.

To expand and enhance the library's offerings by providing funding for special events; activities that compliment the library's resources, and educational, cultural, and civic programs to enrich the lives of the entire boulder community.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$5,458,889$5,854,944▲ $396,055
Cash and Non-Interest-Bearing Accounts$136,248$87,773▼ $48,475
Savings and Temporary Cash Investments$63,855$66,185▲ $2,330
Total Assets$5,658,992$6,008,902▲ $349,910
Liabilities
Accounts Payable and Accrued Expenses$1,278$1,313▲ $35
Total Liabilities$1,278$1,313▲ $35
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$5,225,803$5,552,461▲ $326,658
Net Assets With Donor Restrictions$431,911$455,128▲ $23,217
Total Net Assets Fund Balance$5,657,714$6,007,589▲ $349,875
Total Liabilities and Net Assets / Fund Balance$5,658,992$6,008,902▲ $349,910
Compensation and Service Providers

Board Members and Trustees

NameTitle
Alicia GibbPresident
Tim WilliamsVice President
Andrew GadimiDirector
Doris HaasDirector
Jane Sykes-wilsonDirector
Joel KoenigDirector
Peter StaintonDirector
Phillip FosterDirector
Tim PlassDirector
Isaac AndresSecretary
Jeff QuickTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$168,455
Program Service Revenue
$0
Investment Income
$386,830
Other Revenue
$1,760
All Other Contributions
$158,455
Change in Net Assets
$-60,736
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$436,153
Salaries, Compensation, and Employee Benefits$104,513
Other Expenses$77,115
Total Fundraising Expense$1,222
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$436,153--$436,153
Other Salaries and Wages$87,377$9,709-$97,086
Advertising$33,920--$33,920
Fees for Service Investment Mgmnt Fees-$16,809-$16,809
Payroll Taxes$6,684$743-$7,427
Office Expenses-$6,888-$6,888
Fees for Services Accounting-$5,422-$5,422
Insurance-$3,930-$3,930
Information Technology$2,197--$2,197
Other Expenses$6,727-$1,222$1,222
Total Functional Expenses$573,058$43,501$1,222$617,781
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Boulder Public LibraryBoulder, CO-Provide Free Programs$436,153
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11B

Line 11b explanation - form 990 will be available for all board members to review when completed. The treasurer, in concert with our cpa, reviews form 990 to insure accuracy before it is filed.

Form 990, Part VI, Section B, Line 12C

Directors annually required to submit written acknowledgement of, and confirm compliance with, conflict of interest policy.

Form 990, Part VI, Section C, Line 18

Available on file at the library.

Form 990, Part VI, Section C, Line 19

Available upon request and also on file at the library.

Filing and Contact Details

Filer

Filer Name
Boulder Public Library Foundation
EIN
23-7408456
Phone
3035431337
Address
1001 ARAPAHOE AVENUE, BOULDER, CO 80302

Signing Officer

Name
Jeff Quick
Title
Treasurer
Phone
3035431337
Signed
2021-09-17
Discuss with paid preparer
Yes

Organization Details

Formed
1974
Legal Domicile
Co
Voting Board Members
11
Independent Board Members
11
Employees
3
Volunteers
0

Preparer

Firm
Kco Inc
Address
4999 PEARL EAST CIRCLE SUITE 103, BOULDER, CO 80301
Preparer
Mark Kightlinger
Phone
3034493830
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IRS990ScheduleA/Form990SchASupportingOrgGrp/OrganizationChangeSuprtOrgInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/PaymentSubstantialContribtrInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgNotOrganizedUSInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgSectionC456Ind00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportNonSupportedOrgInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SuprtOrgNoIRSDeterminationInd00
IRS990ScheduleA/Form990SchAType3FuncIntGrp/ActivitiesEngagedOrgInvlmntInd00
IRS990ScheduleA/Form990SchAType3FuncIntGrp/ActivitiesFurtherExemptPrpsInd01
IRS990ScheduleA/Form990SchAType3FuncIntGrp/ActivitiesTestInd0X
IRS990ScheduleA/Form990SchAType3FuncIntGrp/GovernmentalEntityInd0X
IRS990ScheduleA/Form990SchAType3SprtOrgAllGrp/OfficersCloseRelationshipInd01
IRS990ScheduleA/Form990SchAType3SprtOrgAllGrp/SupportedOrgVoiceInvestmentInd01
IRS990ScheduleA/Form990SchAType3SprtOrgAllGrp/TimelyProvidedDocumentsInd01
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0YES - THE LIBRARY DIRECTOR DIRECTS FUNDS TO INVEST IN
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt1THE ORGANIZATION DISBURSES SUBSTANTIALLY ALL OF ITS PROGRAM FUNDS OR THE PUBLIC LIBRARY OF THE CITY OF BOULDER (THE "LIBRARY"). THE LIBRARY COMMUNICATES ITS PROGRAM NEEDS AND THE ORGANIZATION RESPONDS BY PROVIDING FINANCIAL SUPPORT IN THE FORM OF GRANTS. THE SUPPORTED PROGRAMS ARE CONSISTENT WITH THE LIBRARY'S EXEMPT PURPOSE.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt2THE FOUNDATION SUPPORTS THE BOULDER PUBLIC LIBRARY OF THE CITY OF BOULDER
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0PART IV, SECTION D, LINE 3
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc1PART IV, SECTION E, LINE 2A
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc2PART IV, SECTION E, LINE 2A
IRS990ScheduleA/OtherSupportSumAmt00
IRS990ScheduleA/SupportedOrganizationsCnt01
IRS990ScheduleA/SupportedOrganizationsTotalCnt01
IRS990ScheduleA/SupportedOrgInformationGrp/EIN0846000556
IRS990ScheduleA/SupportedOrgInformationGrp/GoverningDocumentListedInd01
IRS990ScheduleA/SupportedOrgInformationGrp/OrganizationTypeCd06
IRS990ScheduleA/SupportedOrgInformationGrp/OtherSupportAmt00
IRS990ScheduleA/SupportedOrgInformationGrp/SupportAmt0436153
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt0BOULDER PUBLIC LIBRARY
IRS990ScheduleA/SupportingOrganization509a3Ind0X
IRS990ScheduleA/SupportingOrgType3FuncIntInd0X
IRS990ScheduleA/SupportSumAmt0436153
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleI/GrantRecordsMaintainedInd01
IRS990ScheduleI/RecipientTable/CashGrantAmt0436153
IRS990ScheduleI/RecipientTable/NonCashAssistanceDesc0N/A
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0PROVIDE FREE PROGRAMS
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0BOULDER PUBLIC LIBRARY
IRS990ScheduleI/RecipientTable/RecipientEIN0846000556
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt01001 ARAPAHOE AVENUE
IRS990ScheduleI/RecipientTable/USAddress/CityNm0BOULDER
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd0CO
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd080302
IRS990ScheduleI/RecipientTable/ValuationMethodUsedDesc0ACTUAL COST
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0LINE 11B EXPLANATION - FORM 990 WILL BE AVAILABLE FOR ALL BOARD MEMBERS TO REVIEW WHEN COMPLETED. THE TREASURER, IN CONCERT WITH OUR CPA, REVIEWS FORM 990 TO INSURE ACCURACY BEFORE IT IS FILED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1DIRECTORS ANNUALLY REQUIRED TO SUBMIT WRITTEN ACKNOWLEDGEMENT OF, AND CONFIRM COMPLIANCE WITH, CONFLICT OF INTEREST POLICY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2AVAILABLE ON FILE AT THE LIBRARY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3AVAILABLE UPON REQUEST AND ALSO ON FILE AT THE LIBRARY.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION C, LINE 18
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd00
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd01
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0BOULDER PUBLIC LIBRARY
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0CO
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0PUBLIC LIBRARY
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt01001 ARAPAHOE AVENUE
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0BOULDER
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd0CO
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd080302
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd00
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd00
IRS990ScheduleR/PaidEmployeesSharingInd01
IRS990ScheduleR/PerformOfServicesByOtherOrgInd00
IRS990ScheduleR/PerformOfServicesForOthOrgInd00
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd00
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd00
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd00
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd00
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd00
IRS990ScheduleR/SharingOfFacilitiesInd00
IRS990ScheduleR/TransactionsRelatedOrgGrp/InvolvedAmt0436153
IRS990ScheduleR/TransactionsRelatedOrgGrp/MethodOfAmountDeterminationTxt0AMOUNT PAID
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt0BOULDER PUBLIC LIBRARY
IRS990ScheduleR/TransactionsRelatedOrgGrp/TransactionTypeTxt0B
IRS990ScheduleR/TransferFromOtherOrgInd00
IRS990ScheduleR/TransferToOtherOrgInd00
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt05658992
IRS990/TotalAssetsEOYAmt06008902
IRS990/TotalAssetsGrp/BOYAmt05658992
IRS990/TotalAssetsGrp/EOYAmt06008902
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt0168455
IRS990/TotalEmployeeCnt03
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt01222
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt043501
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0573058
IRS990/TotalFunctionalExpensesGrp/TotalAmt0617781
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt01278
IRS990/TotalLiabilitiesEOYAmt01313
IRS990/TotalLiabilitiesGrp/BOYAmt01278
IRS990/TotalLiabilitiesGrp/EOYAmt01313
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt05657714
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt06007589
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0573058
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt0190646
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0197944
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0557045
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt05658992
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt06008902

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