Civic Intelligence

Libraries First

990 • Fiscal year 2011 • EIN 37-1130692

Jul 01, 2010 to Jun 30, 2011 • Filed on Mar 01, 2012

200 Applebee Street No 21160010
Siviq Scores

Scores are not available for this record yet.

Balance Sheet

Assets

$277,990

No earlier filing loaded for comparison.

Net Assets

$7,398

No earlier filing loaded for comparison.

Liabilities

$270,592

No earlier filing loaded for comparison.

Revenue And Expenses

Revenue

-

No earlier filing loaded for comparison.

Expenses

$1,583,218

No earlier filing loaded for comparison.

Net Income

-

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

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

$300K$200K$100K$0Assets 2011: $277,990Liabilities 2011: $270,592Net Assets 2011: $7,3982011Assets 2017: $168,785Liabilities 2017: $86,445Net Assets 2017: $82,3402017Assets 2018: $275,447Liabilities 2018: $101,361Net Assets 2018: $174,0862018Assets 2019: $203,260Liabilities 2019: $65,487Net Assets 2019: $137,7732019Assets 2020: $233,267Liabilities 2020: $143,328Net Assets 2020: $89,9392020Assets 2021: $187,049Liabilities 2021: $101,981Net Assets 2021: $85,0682021Assets 2022: $119,512Liabilities 2022: $10,580Net Assets 2022: $108,9322022Assets 2023: $118,673Liabilities 2023: $7,630Net Assets 2023: $111,0432023Assets 2025: $87,890Liabilities 2025: $11,771Net Assets 2025: $76,1192025

Highlighted filing

2011

Assets$277,990
Liabilities$270,592
Net Assets$7,398

Operations Trend

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

$2.0M$1.5M$1.0M$500K$0-$500KExpenses 2011: $1,583,2182011Revenue 2017: $839,334Expenses 2017: $915,765Net Income 2017: -$76,4312017Revenue 2018: $889,983Expenses 2018: $798,237Net Income 2018: $91,7462018Revenue 2019: $722,613Expenses 2019: $758,926Net Income 2019: -$36,3132019Revenue 2020: $361,999Expenses 2020: $409,832Net Income 2020: -$47,8332020Revenue 2021: $304,108Expenses 2021: $308,159Net Income 2021: -$4,0512021Revenue 2022: $210,735Expenses 2022: $181,401Net Income 2022: $29,3342022Revenue 2023: $154,362Expenses 2023: $152,251Net Income 2023: $2,1112023Revenue 2025: $191,839Expenses 2025: $175,186Net Income 2025: $16,6532025

Highlighted filing

2011

Revenue-
Expenses$1,583,218
Net Income-
Jump To
Filing Snapshot
Filing Period
Jul 1, 2010 to Jun 30, 2011
Signed
Mar 1, 2012
Return Version
2010v3.4
Gross Receipts
$1,521,516
Mission and Program Overview

Mission

To provide public and school libraries with creative, transformative products and services at affordable prices so they may better serve their communities.

Major Activities

Activity 2
Gale virtual reference library (gvrl) public:there are a total of 117 public libraries throughout the state that participate in the gale virtual reference library consortium. These libraries have a combined population served of 3,649,264. The consortium began with the original gvrl collection offer. This original collection included titles through 2008 and gave patrons access to over 330 unique electronic references titles - over 470 volumes - in virtually any subject, including health, science, art, history, biography and many more. Libraries saved between 51%-97% off the ebook list price. Forty-five libraries have updated their gvrl collection with 2009, 2010 and/or 2011 titles that they purchased through innovation experts. The 2009 titles offer includes 29 unique ebook titles (110 volumes) and libraries may save 53% to 96% off the list price. The 2010 titles offer includes 59 ebook volumes and libraries may save 41% to 97% off the list price. The 2011 titles offer includes a collection of 42 ebook titles and libraries may save 15% to 30% off the list price.
Activity 3
Mymediamall:mymediamall is a web-based service that allows library patrons to check out and download audiobooks, ebooks, and videos any time of the day or night from the comfort of their own home. Mymediamall, powered by overdrive, allows users to download to a personal computer, as well as enjoy digital content on a wide array of devices including mp3 players, ipods, ipads, ereaders, cds, smartphones, and pdas. This growing collection includes over 13,000 titles. Fifty seven public libraries, one library system, and two academic libraries who serve a combined per capita population in excess of 3,000,000, participate in the consortium and offer this great service to their patrons. The service since its inception has exceeded 760,000 checkouts. Checkouts for this fiscal year alone topped 270,000. Since inception, this service saved illinois participants an estimated $24,320,000 over purchasing these books on their own and was paid for by participating illinois libraries.
Filing and Contact Details

Filer

EIN
37-1130692
Raw XML AppendixShowing 400 of 414 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990/Activity2/Description0GALE VIRTUAL REFERENCE LIBRARY (GVRL) PUBLIC:THERE ARE A TOTAL OF 117 PUBLIC LIBRARIES THROUGHOUT THE STATE THAT PARTICIPATE IN THE GALE VIRTUAL REFERENCE LIBRARY CONSORTIUM. THESE LIBRARIES HAVE A COMBINED POPULATION SERVED OF 3,649,264. THE CONSORTIUM BEGAN WITH THE ORIGINAL GVRL COLLECTION OFFER. THIS ORIGINAL COLLECTION INCLUDED TITLES THROUGH 2008 AND GAVE PATRONS ACCESS TO OVER 330 UNIQUE ELECTRONIC REFERENCES TITLES - OVER 470 VOLUMES - IN VIRTUALLY ANY SUBJECT, INCLUDING HEALTH, SCIENCE, ART, HISTORY, BIOGRAPHY AND MANY MORE. LIBRARIES SAVED BETWEEN 51%-97% OFF THE EBOOK LIST PRICE. FORTY-FIVE LIBRARIES HAVE UPDATED THEIR GVRL COLLECTION WITH 2009, 2010 AND/OR 2011 TITLES THAT THEY PURCHASED THROUGH INNOVATION EXPERTS. THE 2009 TITLES OFFER INCLUDES 29 UNIQUE EBOOK TITLES (110 VOLUMES) AND LIBRARIES MAY SAVE 53% TO 96% OFF THE LIST PRICE. THE 2010 TITLES OFFER INCLUDES 59 EBOOK VOLUMES AND LIBRARIES MAY SAVE 41% TO 97% OFF THE LIST PRICE. THE 2011 TITLES OFFER INCLUDES A COLLECTION OF 42 EBOOK TITLES AND LIBRARIES MAY SAVE 15% TO 30% OFF THE LIST PRICE.
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IRS990/Activity3/Description0MYMEDIAMALL:MYMEDIAMALL IS A WEB-BASED SERVICE THAT ALLOWS LIBRARY PATRONS TO CHECK OUT AND DOWNLOAD AUDIOBOOKS, EBOOKS, AND VIDEOS ANY TIME OF THE DAY OR NIGHT FROM THE COMFORT OF THEIR OWN HOME. MYMEDIAMALL, POWERED BY OVERDRIVE, ALLOWS USERS TO DOWNLOAD TO A PERSONAL COMPUTER, AS WELL AS ENJOY DIGITAL CONTENT ON A WIDE ARRAY OF DEVICES INCLUDING MP3 PLAYERS, IPODS, IPADS, EREADERS, CDS, SMARTPHONES, AND PDAS. THIS GROWING COLLECTION INCLUDES OVER 13,000 TITLES. FIFTY SEVEN PUBLIC LIBRARIES, ONE LIBRARY SYSTEM, AND TWO ACADEMIC LIBRARIES WHO SERVE A COMBINED PER CAPITA POPULATION IN EXCESS OF 3,000,000, PARTICIPATE IN THE CONSORTIUM AND OFFER THIS GREAT SERVICE TO THEIR PATRONS. THE SERVICE SINCE ITS INCEPTION HAS EXCEEDED 760,000 CHECKOUTS. CHECKOUTS FOR THIS FISCAL YEAR ALONE TOPPED 270,000. SINCE INCEPTION, THIS SERVICE SAVED ILLINOIS PARTICIPANTS AN ESTIMATED $24,320,000 OVER PURCHASING THESE BOOKS ON THEIR OWN AND WAS PAID FOR BY PARTICIPATING ILLINOIS LIBRARIES.
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IRS990/ActivityOrMissionDescription0WE BELIEVE IN AGGREGATING THE POWER OF LIBRARIES. WORKING TOGETHER, A GROUP OF LIBRARIES CAN MOST EFFECTIVELY AND PERSUASIVELY TELL THE LIBRARY STORY, STAND UP FOR LIBRARY VALUES, OBTAIN MAXIMUM VALUE FOR LIBRARY DOLLARS, AND MAXIMIZE THE SUCCESS OF EACH PARTICIPATING LIBRARY.
IRS990/ActivityOther/Description0GALE VIRTUAL REFERENCE LIBRARY (GVRL) HIGH SCHOOL 2010 OFFER:THESE AUTHORITATIVE REFERENCE TITLES ARE AVAILABLE THROUGH THE STATE-OF-THE ART GALE VIRTUAL REFERENCE LIBRARY (GVRL) PLATFORM. LIBRARIES MAY CHOOSE FROM A LIST OF 98 TITLES WHICH INCLUDES CONTINUING SERIES LIKE NOVELS FOR STUDENTS AND SHORT STORIES FOR STUDENTS. COLLECTION INCLUDES UNLIMITED, SIMULTANEOUS IN-LIBRARY AND REMOTE ACCESS; LANGUAGE TRANSLATOR - CHOOSE FROM 11 LANGUAGES WITH ONE SIMPLE CLICK; CROSS-SEARCH YOUR EBOOKS WITH YOUR ONLINE PERIODICALS AND OTHER GALE RESOURCES; READSPEAKER - TECHNOLOGY THAT READS THE TEXT TO THE STUDENT - GREAT FOR AUDITORY LEARNERS; CITATION GENERATION. THERE ARE A TOTAL OF 85 HIGH SCHOOLS THROUGHOUT THE STATE THAT PARTICIPATE IN THE GALE VIRTUAL REFERENCE LIBRARY HIGH SCHOOL CONSORTIUM. THESE HIGH SCHOOLS HAVE A COMBINED STUDENT POPULATION OF 121,730. SAVINGS ARE 63%-85% OFF THE LIST PRICE.LEXISNEXIS LIBRARY EXPRESS:THIS POWERFUL, EASY-TO-USE, WEB-BASED SERVICE PROVIDES ACCESS TO OVER 10,000 NEWS, BUSINESS, AND LEGAL SOURCES. CURRENTLY, 34 LIBRARIES SUBSCRIBE TO LIBRARY EXPRESS WITH A COMBINED PER CAPITA POPULATION SERVED OF 1,665,799 WHO MAY ACCESS THIS SERVICE. THE PARTICIPATING LIBRARIES SAVE 20% - 33% OFF THE LIST PRICE. WE EXPECT INCREASING PARTICIPATION IN THIS OFFER AS MORE LIBRARIES BECOME FAMILIAR WITH THIS EXCITING PRODUCT. LEXISNEXIS CONTINUES TO ADD NEW CONTENT ON INDUSTRIES, EXECUTIVES, BLOGS AND VIDEOS.RECORDED BOOKS:THE MOST RECENT ANNUAL SUBSCRIPTION TO RECORDED BOOKS INCLUDES OVER 2600 AUDIOBOOKS INCLUDING RECORDED BOOKS' DRM-FREE IPOD-COMPATIBLE TITLES. A TOTAL OF 34 PUBLIC AND SCHOOL LIBRARIES, WITH A COMBINED POPULATION SERVED OF 1,067,929 TOOK ADVANTAGE OF THIS EXCEPTIONALLY PRICED OFFER. WELLNESS INSURANCE NETWORK PLAN ADMINITRATOR:EFFECTIVE JULY 1, 2010, INNOVATION EXPERTS BECAME THE PLAN ADMINISTRATOR OF THE WELLNESS INSURANCE NETWORK (WIN). WIN IS A PARTIALLY SELF-FUNDED GROUP INSURANCE POOL CONSISTING OF UNITS OF LOCAL GOVERNMENT WHICH ARE MAINLY PUBLIC LIBRARIES. WIN HAS 24 MEMBERS LOCATED IN ILLINOIS WHO PARTICIPATE IN THE POOL.
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IRS990/Description0TUTOR.COM LEARNING SUITE:TUTOR.COM LEARNING SUITE PROVIDES STUDENTS OF ALL AGES - K12 THROUGH ADULT LEARNERS - WITH ONLINE LEARNING AND CAREER SERVICES. IN ADDITION TO THE HIGH-QUALITY ONE-TO-ONE TUTORING PROVIDED, TUTOR.COM HAS CONTINUED TO EXPAND THEIR 24/7 SKILLSCENTER(TM) RESOURCE LIBRARY TO INCLUDE VIDEOS, STUDY GUIDES, PRACTICE TESTS, JOB LISTINGS, AND SAMPLE RESUMES. THIS FISCAL YEAR, 59 PUBLIC LIBRARIES SUBSCRIBED TO THE PROGRAM AND SAVED 10% - 83% OFF THE STANDARD SUBSCRIPTION PRICE. THE LIBRARIES' COMBINED POPULATION SERVED OF 1,756,746 MAY BENEFIT FROM THIS SERVICE. THE PARTICIPATING LIBRARIES PAID FOR 17,333 HOURS OF TUTORING AND SAVED ILLINOIS RESIDENTS AN ESTIMATED $606,667 OVER PAYING FOR TUTORING SERVICES ON THEIR OWN.
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IRS990ScheduleD/OtherLiabilities/Amount011343
IRS990ScheduleD/OtherLiabilities/Description0OTHER LIABILITIES
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IRS990ScheduleD/RevenueSubtotal01521516
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IRS990ScheduleD/TotalOfAmounts011343
IRS990ScheduleD/TotalOfBookValueLandBuildings00
IRS990ScheduleD/TotalRevenue01521516
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IRS990ScheduleD/TotExpensesEtcAuditedFinclStmt01583218
IRS990ScheduleD/TotRevenueEtcAuditedFinclStmt01521516
IRS990/ScheduleJRequired00
IRS990ScheduleO/GeneralExplanation/Explanation0EFFECTIVE JULY 1, 2010 INNOVATION EXPERTS WAS HIRED BY THE WELLNESS INSURANCE NETWORK (WIN) TO ACT AS THE PLAN ADMINISTRATOR. WIN INCLUDES 24 PUBLIC LIBRARIES WHO PARTICIPATE IN SOME OR ALL OF THE INSURANCE PROGRAM SERVICES INCLUDING HEALTH, DENTAL, LIFE, LONG TERM DISABILITY AND SHORT TERM DISABILITY. WIN ALSO OFFERS A SECTION 125 PLAN. THE WIN PLAN IS SELF-FUNDED.
IRS990ScheduleO/GeneralExplanation/Explanation1UPON RECEIPT OF THE DRAFT FORM 990, INNNOVATION EXPERTS BOARD MEMBERS WILL BE EMAILED A DRAFT FOR THEIR REVIEW AND COMMENT. INNNOVATION EXPERTS BOARD MEMBERS WILL ACKNOWLEDGE RECEIPT OF THE FORM 990. INNNOVATION EXPERTS BOARD MEMBERS WILL DISCUSS AND AGREE TO ANY CHANGES MADE TO THE DRAFT. INNNOVATION EXPERTS STAFF WILL NOTIFY THE FORM 990 CREATOR OF CHANGES. UPON RECEIPT OF THE REVISED FORM 990, INNNOVATION EXPERTS BOARD MEMBERS WILL BE EMAILED THE FINAL VERSION FOR REVIEW. INNNOVATION EXPERTS BOARD MEMBERS WILL ACKNOWLEDGE RECEIPT AND APPROVE THE FINAL VERSION FOR SUBMISSION TO THE IRS.
IRS990ScheduleO/GeneralExplanation/Explanation2DISCLOSURE: TO EFFECTUATE THIS POLICY EACH PERSON SHALL DISCLOSE TO THE BOARD AND PRESIDENT ANY CONFLICT OF INTEREST SUCH PERSON OR A RELATED PARTY HAS REGARDING ANY TRANSACTION TO BE CONSIDERED BY THE COMPANY. ON AN ANNUAL BASIS, EACH PERSON SHALL SUBMIT A DISCLOSURE LIST ON WHICH THE PERSON IDENTIFIES ALL ENTITIES IN WHICH SUCH PERSON OR A RELATED PARTY IS AN EMPLOYEE, OFFICER, DIRECTOR OR CONSULTANT TO OR IN WHICH THE PERSON OR A RELATED PARTY HAS A MATERIAL FINANCIAL INTEREST. WITH RESPECT TO MEMBERS OF A PERSONS FAMILY LIVING OUTSIDE THE HOUSEHOLD, THE PERSON SHALL DISCLOSE SUCH CONFLICTS OF WHICH SHE/HE HAS ACTUAL KNOWLEDGE. IN ADDITION, THE PERSON SHALL ANNUALLY SIGN A STATEMENT AFFIRMING THAT HE/SHE HAS READ THIS POLICY, AGREES TO COMPLY WITH THE POLICY AND ACKNOWLEDGES HE/SHE IS NOT AWARE OF ANY VIOLATIONS OR DISCLOSES ANY KNOWN VIOLATIONS. RECUSAL: A DIRECTOR OF THE COMPANY SHALL RECUSE HIM/HERSELF FROM THE BOARD'S DELIBERATIONS REGARDING ANY MATTER IN WHICH THE DIRECTOR HAS A CONFLICT OF INTEREST UNLESS THE CHAIR OF THE BOARD DETERMINES THAT RECUSAL IS UNNECESSARY IN THE PARTICULAR INSTANCE. A STAFF MEMBER SHALL NOT BE THE RESPONSIBLE STAFF PERSON ON A TRANSACTION IN WHICH HE/SHE HAS A CONFLICT OF INTEREST. RECORD OF PROCEEDINGS: THE COMPANY SHALL KEEP A RECORD OF ALL TRANSACTIONS IN WHICH A PERSON HAD A CONFLICT OF INTEREST AND THE PROCEDURES FOLLOWED IN SUCH INSTANCE.
IRS990ScheduleO/GeneralExplanation/Explanation3FORM 990, PART VI, SECTION B, LINE 15: THE ORGANIZATION RELIED ON A RELATED ORGANIZATION'S COMPENSATION PROCEDURES TO ESTABLISH THE TOP MANAGEMENT OFFICIAL'S COMPENSATION.
IRS990ScheduleO/GeneralExplanation/Explanation4AVAILABLE UPON REQUEST
IRS990ScheduleO/GeneralExplanation/Identifier0CHANGES IN PROGRAM SERVICES
IRS990ScheduleO/GeneralExplanation/Identifier1FORM 990, PART VI, SECTION B, LINE 11
IRS990ScheduleO/GeneralExplanation/ReturnReference0FORM 990, PART III, LINE 3
IRS990ScheduleO/GeneralExplanation/ReturnReference1FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/GeneralExplanation/ReturnReference2FORM 990, PART VI, SECTION C, LINE 19
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IRS990/TotalOfOtherProgramServiceExp0567125
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IRS990/UponRequest0X
IRS990/WebSite0N/A
IRS990/WhistleblowerPolicy01
IRS990/YearFormation01983
ReturnHeader/BuildTS02016-02-24 21:20:13Z
ReturnHeader/Filer/EIN0371130692
ReturnHeader/Filer/Name/BusinessNameLine10INNOVATION EXPERTS
ReturnHeader/Filer/NameControl0INNO
ReturnHeader/Filer/Phone02248484556
ReturnHeader/Filer/USAddress/AddressLine10200 APPLEBEE STREET NO 211
ReturnHeader/Filer/USAddress/City0BARRINGTON
ReturnHeader/Filer/USAddress/State0IL
ReturnHeader/Filer/USAddress/ZIPCode060010
ReturnHeader/Officer/AuthorizeThirdParty01
ReturnHeader/Officer/DateSigned02012-03-01
ReturnHeader/Officer/Name0LINDA ZALESKI

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