Civic Intelligence

Denver Earth Resources Library

990 • Fiscal year 2014 • EIN 74-2427144

Jan 01, 2014 to Dec 31, 2014 • Filed on Aug 20, 2015

730 17th StDenver, CO 80202

(303) 825-5614

Siviq Scores

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

Liabilities / Assets

13th percentile

0.00x

Higher debt load relative to assets than 13% of similar nonprofits.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2014

Liabilities / Revenue

14th percentile

0.00x

Higher debt load relative to revenue than 14% of similar nonprofits.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2014

Net Margin

76th percentile

17%

Higher net margin than 76% of similar nonprofits.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2014

Top Officer Pay

43rd percentile

$45,684

Higher top officer pay than 43% of similar nonprofits.

Top officer pay equals 9.4% of source-year revenue.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2014

Asset Growth

59th percentile

4.9%

Faster asset growth than 59% of similar nonprofits.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2013 to 2014

Revenue Growth

54th percentile

5.3%

Faster revenue growth than 54% of similar nonprofits.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2013 to 2014

Assets

Up

$1,771,765

Up $82,506 (+4.9%) from 2013

Net Assets

Up

$1,771,618

Up $82,541 (+4.9%) from 2013

Liabilities

Down

$147

Down $35 (-19%) from 2013

Revenue

Up

$484,612

Up $24,173 (+5.2%) from 2013

Expenses

Down

$402,071

Down $22,181 (-5.2%) from 2013

Net Income

Up

$82,541

Up $46,354 (+128%) from 2013

Historical Trend

Balance Sheet Trend

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

$2.0M$1.5M$1.0M$500K$0Assets 2011: $1,669,632Liabilities 2011: $217Net Assets 2011: $1,669,4152011Assets 2012: $1,678,948Liabilities 2012: $455Net Assets 2012: $1,678,4932012Assets 2013: $1,689,259Liabilities 2013: $182Net Assets 2013: $1,689,0772013Assets 2014: $1,771,765Liabilities 2014: $147Net Assets 2014: $1,771,6182014Assets 2015: $1,777,890Liabilities 2015: $95Net Assets 2015: $1,777,7952015Assets 2016: $1,747,944Liabilities 2016: $95Net Assets 2016: $1,747,8492016Assets 2017: $1,719,805Liabilities 2017: $303Net Assets 2017: $1,719,5022017Assets 2018: $1,670,451Liabilities 2018: $311Net Assets 2018: $1,670,1402018Assets 2019: $1,647,865Liabilities 2019: $128Net Assets 2019: $1,647,7372019Assets 2020: $1,226,612Liabilities 2020: $13,551Net Assets 2020: $1,213,0612020Assets 2021: $1,218,393Liabilities 2021: $0Net Assets 2021: $1,218,3932021Assets 2022: $1,170,094Liabilities 2022: $0Net Assets 2022: $1,170,0942022Assets 2023: $1,405,304Liabilities 2023: $0Net Assets 2023: $1,405,3042023Assets 2024: $1,904,818Liabilities 2024: $7,627Net Assets 2024: $1,897,1912024

Highlighted filing

2014

Assets$1,771,765
Liabilities$147
Net Assets$1,771,618

Operations Trend

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

$800K$600K$400K$200K$0-$200KExpenses 2011: $506,5262011Expenses 2012: $464,7492012Revenue 2013: $460,439Expenses 2013: $424,252Net Income 2013: $36,1872013Revenue 2014: $484,612Expenses 2014: $402,071Net Income 2014: $82,5412014Revenue 2015: $393,038Expenses 2015: $386,861Net Income 2015: $6,1772015Revenue 2016: $331,234Expenses 2016: $361,180Net Income 2016: -$29,9462016Revenue 2017: $316,238Expenses 2017: $344,585Net Income 2017: -$28,3472017Revenue 2018: $297,527Expenses 2018: $327,070Net Income 2018: -$29,5432018Revenue 2019: $298,855Expenses 2019: $321,258Net Income 2019: -$22,4032019Revenue 2020: $275,857Expenses 2020: $259,386Net Income 2020: $16,4712020Revenue 2021: $243,322Expenses 2021: $258,774Net Income 2021: -$15,4522021Revenue 2022: $301,135Expenses 2022: $304,834Net Income 2022: -$3,6992022Revenue 2023: $536,455Expenses 2023: $373,971Net Income 2023: $162,4842023Revenue 2024: $673,092Expenses 2024: $289,203Net Income 2024: $383,8892024

Highlighted filing

2014

Revenue$484,612
Expenses$402,071
Net Income$82,541
Jump To
Filing Snapshot
Filing Period
Jan 1, 2014 to Dec 31, 2014
Signed
Aug 20, 2015
Return Version
2014v5.0
Gross Receipts
$484,612
Mission and Program Overview

Mission

To collect and preserve geological, geophysical, petroleum,engineering and mining data for the rocky mountain region andto make such data available for use by library members and public.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$1,158,819$1,139,735▼ $19,084
Investments in Publicly Traded Securities$315,087$352,341▲ $37,254
Savings and Temporary Cash Investments$185,451$255,749▲ $70,298
Cash and Non-Interest-Bearing Accounts$10,083$4,121▼ $5,962
Prepaid Expenses and Deferred Charges$2,300$2,300→ $0
Total Assets$1,689,259$1,771,765▲ $82,506
Other Assets Total$17,519$17,519→ $0
Liabilities
Other Liabilities$182$147▼ $35
Total Liabilities$182$147▼ $35
Net Assets / Fund Balance
Unrestricted Net Assets$1,689,077$1,771,618▲ $82,541
Total Net Assets Fund Balance$1,689,077$1,771,618▲ $82,541
Total Liabilities and Net Assets / Fund Balance$1,689,259$1,771,765▲ $82,506

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$618,315$261,747$880,062
Other Land Buildings$449,151-$449,151
Equipment$24,861$401,502$426,363
Leasehold Improvements$47,408$13,553$60,961
Other Assets Org$17,519--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
E Kay WallerExecutive DirectorPT$41,184$4,500$45,684

Board Members and Trustees

NameTitle
Dennis HollerPresident
George CoryellVice President
Chris KunovicDirector
George CarlstromDirector
Neil SharpDirector
Susan KaneSecretary
Monty HoffmanTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$118,829
Program Service Revenue
$348,994
Investment Income
$14,910
Other Revenue
$1,879
Change in Net Assets
$82,541
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$345,432
Salaries, Compensation, and Employee Benefits$50,191
Total Fundraising Expense$431
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Occupancy$138,128--$138,128
Other Expenses$133,078-$431$133,078
Current Officers, Directors, Trustees, and Key Employees$46,234--$46,234
Depreciation Depletion-$32,940-$32,940
Office Expenses$26,344--$26,344
Fees for Services Accounting$9,525--$9,525
Benefits to Members$6,448--$6,448
Payroll Taxes$3,957--$3,957
Advertising$3,391--$3,391
Insurance$1,595--$1,595
Total Functional Expenses$368,700$32,940$431$402,071
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
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Taxes Payable$147
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Backup withholding compliance
Yes
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
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990 governing body review Part VI line 11

Form 990 is provided to the board of directors before being filed. The president or treasurer is responsible for its review.

Other officer or key employee compensation Part VI line 15B

Annual performance reviews are held for each employee. The executive director receives some compensation related to the capital campaign in addition to regular salary. Compensation consideration is presented and approved by the board of directors and in compliance with organization's personnel policies.

Governing documents etc available to public Part VI line 19

All policies and statements are kept on file at the library, and are available upon request. All financial statements are presented to the library members and other interested parties at the annual meeting, in accordance with the organization's bylaws.

Filing and Contact Details

Filer

Filer Name
Denver Earth Resources Library
EIN
74-2427144
Address
730 17TH ST, DENVER, CO 80202

Signing Officer

Name
Dennis Holler
Title
President
Phone
3038255614
Signed
2015-08-20
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Dennis Holler
Formed
1986
Legal Domicile
Co
Voting Board Members
7
Independent Board Members
7
Employees
2

Preparer

Firm
Thomas W Hanson CPA
Address
1757 Race St, Denver, CO 80206-1113
Preparer
Thomas W Hanson CPA
Phone
3033225005
Supplemental Narrative

Additional Explanations

General explanation attachment

The denver earth resources library was established in 1986 as a non-profit colorado corporation under irc section 501(c)(3), to collect, preserve, protect and disseminate oil and gas data for educational and professional purposes. The primary geographic areas of coverage are the rocky mountain region, the mid-continent area and california/west coast/alaska. The primary data targets are all down-hole information on oil and gas wells drilled, and all geologic data supporting the down-hole information. The library owns, and is located in a 12,500 sq. Ft. Office condominium, designated as a historical building in downtown denver. General explanation, continuedthe organization continues to grow and collect data pertinent to the oil and gas industry, and to serve its customers, primarily the independent geologists, and college and university students.

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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0FORM 990 IS PROVIDED TO THE BOARD OF DIRECTORS BEFORE BEING FILED. THE PRESIDENT OR TREASURER IS RESPONSIBLE FOR ITS REVIEW.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1ANNUAL PERFORMANCE REVIEWS ARE HELD FOR EACH EMPLOYEE. THE EXECUTIVE DIRECTOR RECEIVES SOME COMPENSATION RELATED TO THE CAPITAL CAMPAIGN IN ADDITION TO REGULAR SALARY. COMPENSATION CONSIDERATION IS PRESENTED AND APPROVED BY THE BOARD OF DIRECTORS AND IN COMPLIANCE WITH ORGANIZATION'S PERSONNEL POLICIES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2ALL POLICIES AND STATEMENTS ARE KEPT ON FILE AT THE LIBRARY, AND ARE AVAILABLE UPON REQUEST. ALL FINANCIAL STATEMENTS ARE PRESENTED TO THE LIBRARY MEMBERS AND OTHER INTERESTED PARTIES AT THE ANNUAL MEETING, IN ACCORDANCE WITH THE ORGANIZATION'S BYLAWS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE DENVER EARTH RESOURCES LIBRARY WAS ESTABLISHED IN 1986 AS A NON-PROFIT COLORADO CORPORATION UNDER IRC SECTION 501(C)(3), TO COLLECT, PRESERVE, PROTECT AND DISSEMINATE OIL AND GAS DATA FOR EDUCATIONAL AND PROFESSIONAL PURPOSES. THE PRIMARY GEOGRAPHIC AREAS OF COVERAGE ARE THE ROCKY MOUNTAIN REGION, THE MID-CONTINENT AREA AND CALIFORNIA/WEST COAST/ALASKA. THE PRIMARY DATA TARGETS ARE ALL DOWN-HOLE INFORMATION ON OIL AND GAS WELLS DRILLED, AND ALL GEOLOGIC DATA SUPPORTING THE DOWN-HOLE INFORMATION. THE LIBRARY OWNS, AND IS LOCATED IN A 12,500 SQ. FT. OFFICE CONDOMINIUM, DESIGNATED AS A HISTORICAL BUILDING IN DOWNTOWN DENVER. GENERAL EXPLANATION, CONTINUEDTHE ORGANIZATION CONTINUES TO GROW AND COLLECT DATA PERTINENT TO THE OIL AND GAS INDUSTRY, AND TO SERVE ITS CUSTOMERS, PRIMARILY THE INDEPENDENT GEOLOGISTS, AND COLLEGE AND UNIVERSITY STUDENTS.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990 governing body review Part VI line 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Other officer or key employee compensation Part VI line 15b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Governing documents etc available to public Part VI line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3General explanation attachment
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ReturnHeader/BuildTS02016-04-25 22:37:26Z
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ReturnHeader/BusinessOfficerGrp/PersonNm0DENNIS HOLLER
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
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ReturnHeader/BusinessOfficerGrp/SignatureDt02015-08-20
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0DENVER EARTH RESOURCES LIBRARY
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Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.90$0.01$1.90$0.67$0.29$0.38
2023Summary only. Only limited summary data is available for this year.$1.41$0.00$1.41$0.54$0.37$0.16
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.17$0.00$1.17$0.30$0.30$0.00
2021Summary only. Only limited summary data is available for this year.$1.22$0.00$1.22$0.24$0.26$0.02
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.23$0.01$1.21$0.28$0.26$0.02
2019Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.65$0.00$1.65$0.30$0.32$0.02
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.67$0.00$1.67$0.30$0.33$0.03
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.72$0.00$1.72$0.32$0.34$0.03
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.75$0.00$1.75$0.33$0.36$0.03
2015Detailed filing. Detailed filing data is available for this year.$1.78$0.00$1.78$0.39$0.39$0.01
2014Detailed filing. Detailed filing data is available for this year.$1.77$0.00$1.77$0.48$0.40$0.08
2013Detailed filing. Detailed filing data is available for this year.$1.69$0.00$1.69$0.46$0.42$0.04
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.68$0.00$1.68$0.46
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.67$0.00$1.67$0.51