Civic Intelligence

The San Jose Public Library Foundation

990 • Fiscal year 2019 • EIN 77-0142379

Jan 01, 2019 to Dec 31, 2019 • Filed on Aug 15, 2020

PO Box 611540San Jose, CA 95161-1540

(408) 808-2174

Siviq Scores

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

Liabilities / Assets

72nd percentile

0.30x

Higher debt load relative to assets than 72% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2019

Liabilities / Revenue

78th percentile

0.47x

Higher debt load relative to revenue than 78% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2019

Net Margin

36th percentile

-0.9%

Higher net margin than 36% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2019

Top Officer Pay

80th percentile

$136,371

Higher top officer pay than 80% of similar nonprofits.

Top officer pay equals 4.9% of source-year revenue.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2019

Asset Growth

83rd percentile

26%

Faster asset growth than 83% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2018 to 2019

Revenue Growth

9th percentile

-32%

Faster revenue growth than 9% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2018 to 2019

Assets

Up

$4,335,982

Up $881,717 (+26%) from 2018

Net Assets

Down

$3,032,551

Down $14,556 (-0.5%) from 2018

Liabilities

Up

$1,303,431

Up $896,273 (+220%) from 2018

Revenue

Down

$2,778,092

Down $1,281,911 (-32%) from 2018

Expenses

Up

$2,802,600

Up $1,023,897 (+58%) from 2018

Net Income

Down

-$24,508

Down $2,305,808 (-101%) from 2018

Historical Trend

Balance Sheet Trend

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

$20M$15M$10M$5.0M$0Assets 2011: $662,590Liabilities 2011: $18,536Net Assets 2011: $644,0542011Assets 2012: $772,788Liabilities 2012: $111,381Net Assets 2012: $661,4072012Assets 2013: $710,496Liabilities 2013: $127,237Net Assets 2013: $583,2592013Assets 2014: $627,099Liabilities 2014: $34,294Net Assets 2014: $592,8052014Assets 2015: $759,229Liabilities 2015: $122,839Net Assets 2015: $636,3902015Assets 2016: $510,033Liabilities 2016: $31,632Net Assets 2016: $478,4012016Assets 2017: $793,075Liabilities 2017: $27,268Net Assets 2017: $765,8072017Assets 2018: $3,454,265Liabilities 2018: $407,158Net Assets 2018: $3,047,1072018Assets 2019: $4,335,982Liabilities 2019: $1,303,431Net Assets 2019: $3,032,5512019Assets 2020: $6,766,319Liabilities 2020: $1,224,453Net Assets 2020: $5,541,8662020Assets 2021: $11,266,259Liabilities 2021: $1,988,513Net Assets 2021: $9,277,7462021Assets 2022: $16,562,111Liabilities 2022: $823,704Net Assets 2022: $15,738,4072022Assets 2023: $16,617,956Liabilities 2023: $926,061Net Assets 2023: $15,691,8952023Assets 2024: $9,555,349Liabilities 2024: $944,882Net Assets 2024: $8,610,4672024

Highlighted filing

2019

Assets$4,335,982
Liabilities$1,303,431
Net Assets$3,032,551

Operations Trend

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

$20M$10M$0-$10MRevenue 2011: $358,974Expenses 2011: $486,275Net Income 2011: -$127,3012011Revenue 2012: $703,494Expenses 2012: $686,141Net Income 2012: $17,3532012Revenue 2013: $420,540Expenses 2013: $498,688Net Income 2013: -$78,1482013Revenue 2014: $468,015Expenses 2014: $455,504Net Income 2014: $12,5112014Revenue 2015: $621,523Expenses 2015: $578,035Net Income 2015: $43,4882015Revenue 2016: $594,135Expenses 2016: $751,862Net Income 2016: -$157,7272016Revenue 2017: $649,542Expenses 2017: $362,137Net Income 2017: $287,4052017Revenue 2018: $4,060,003Expenses 2018: $1,778,703Net Income 2018: $2,281,3002018Revenue 2019: $2,778,092Expenses 2019: $2,802,600Net Income 2019: -$24,5082019Revenue 2020: $5,384,659Expenses 2020: $2,930,665Net Income 2020: $2,453,9942020Revenue 2021: $7,329,963Expenses 2021: $3,556,967Net Income 2021: $3,772,9962021Revenue 2022: $12,519,106Expenses 2022: $5,635,102Net Income 2022: $6,884,0042022Revenue 2023: $6,175,965Expenses 2023: $6,485,194Net Income 2023: -$309,2292023Revenue 2024: $5,966,101Expenses 2024: $13,072,199Net Income 2024: -$7,106,0982024

Highlighted filing

2019

Revenue$2,778,092
Expenses$2,802,600
Net Income-$24,508
Jump To
Filing Snapshot
Filing Period
Jan 1, 2019 to Dec 31, 2019
Signed
Aug 15, 2020
Return Version
2019v5.0
Gross Receipts
$2,785,573
Mission and Program Overview

Mission

The foundation provides advocacy, financial support, and leadership to our public libraries and educational programs throughout san jose to create an educated, equitable, and engaged community.

The foundation provides advocacy and financial support to san joses public libraries.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities-$3,586,752-
Savings and Temporary Cash Investments$1,501,710--
Pledges and Grants Receivable$209,627$521,359▲ $311,732
Cash and Non-Interest-Bearing Accounts$1,739,130$225,453▼ $1,513,677
Prepaid Expenses and Deferred Charges$3,121$2,418▼ $703
Land, Buildings, and Equipment, Net$677--
Total Assets$3,454,265$4,335,982▲ $881,717
Liabilities
Grants Payable$382,694$1,240,913▲ $858,219
Accounts Payable and Accrued Expenses$24,464$62,518▲ $38,054
Total Liabilities$407,158$1,303,431▲ $896,273
Net Assets / Fund Balance
Net Assets With Donor Restrictions$2,359,457$2,081,180▼ $278,277
Net Assets Without Donor Restrictions$687,650$951,371▲ $263,721
Total Net Assets Fund Balance$3,047,107$3,032,551▼ $14,556
Total Liabilities and Net Assets / Fund Balance$3,454,265$4,335,982▲ $881,717

Asset Categories

AssetBook ValueDepreciationBasis
Equipment-$2,705$2,705

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2019-$101,000--$101,000
Compensation and Service Providers

Employees

NameTitleBaseOtherTotal
Dawn CoppinExecutive Di$127,075$9,296$136,371

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$2,740,845
Program Service Revenue
$0
Investment Income
$37,247
Other Revenue
$0
All Other Contributions
$1,105,345
Change in Net Assets
$-24,508

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
No
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Other Non Cash Contri Table1$115,756Acquisition Value
Securities Publicly Traded2$7,481Market Value
Total Noncash Contributions3$123,237-

Audited Revenue Reconciliation

Revenue per Audited Statements
$2,779,068
Revenue Not Reported on Financial Statements
$-976
Revenue Not Reported on Form 990
$44,287
Total Revenue per Audited Statements
$2,823,355
Total Revenue per Form 990
$2,778,092
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$2,179,093
Other Expenses$314,413
Salaries, Compensation, and Employee Benefits$309,094
Total Fundraising Expense$129,256
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$2,179,093--$2,179,093
Current Officers, Directors, Trustees, and Key Employees$53,657$54,398$28,316$136,371
Other Salaries and Wages$26,029$46,215$53,478$125,722
Other Employee Benefits$7,868$9,935$8,077$25,880
Payroll Taxes$6,421$8,108$6,592$21,121
Office Expenses-$1,308$8,876$10,184
Conferences and Meetings-$3,999-$3,999
Travel$1,078$1,569$1,106$3,753
Other Expenses$1,059$1,337$1,087$3,483
Advertising--$832$832
Depreciation Depletion-$676-$676
All Other Expenses$94$119$97$310
Total Functional Expenses$2,511,237$162,107$129,256$2,802,600

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$2,835,959
Expenses per Audited Statements$2,802,600
Total Expenses per Form 990$2,802,600
Expenses Not Reported on Form 990$33,359
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Franklin-mckinley School DistrictSan Jose, CAGovSj Learns$700,000
Alum Rock School DistrictSan Jose, CAGovSj Learns$600,000
Campbell Union School DistrictCampbell, CAGovSj Learns$260,712
San Jose Public LibrarySan Jose, CAGovLibrary Programs$241,081
Rocketship Public SchoolsRedwood City, CA501c3Sj Learns$140,758
San Jose Public LibrarySan Jose, CAGovLibrary Branch Supp$120,905
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
Insider Transactions and Loans

Interested-Person Transactions

Interested PartyRelationshipDescriptionShared RevenueAmount
Kirsten CoppinSister In-lawCommunication ServNo$2,250
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
Yes
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
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, Page 6, Part VI, Line 11B

The tax return is prepared by a certified public accountant then reviewed by the executive director, treasurer and the board of directors for approval.

Form 990, Page 6, Part VI, Line 12C

All officers/directors are required to disclose potential conflicts prior to becoming a board member and are required to disclose any potential conflicts as they arise while serving on the board.

Form 990, Page 6, Part VI, Line 15A

The eds compensation is determined by the board of directors. The compensation package was developed by reviewing market surveys which provided compensation ranges based on comparable non-profit organizations, location, organization size and the eds responsibility level. The board also took into consideration the following: relationship of the ed's compensation to the compensation of other employees, the complexity of the organization and its size, the job duties of the ed, the individuals salary history, and the value of the service capacity of the ed to the organization.

Form 990, Page 6, Part VI, Line 19

The organization makes its governing documents available to the public through its website or directly upon request.

Filing and Contact Details

Filer

Filer Name
San Jose Public Library Foundation
EIN
77-0142379
Phone
4088082174
Address
PO BOX 611540, SAN JOSE, CA 95161-1540

Signing Officer

Name
Jason Papier
Title
Chair
Phone
4088082174
Signed
2020-08-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Jason Papier
Formed
1987
Legal Domicile
CA
Voting Board Members
16
Independent Board Members
16
Employees
4
Volunteers
15

Preparer

Firm
Chavan & Associates Llp
Address
1475 SARATOGA AVE SUITE 180, SAN JOSE, CA 95129-4951
Preparer
Sheldon Chavan
Phone
4082178749
Supplemental Narrative

Financial Statement Notes

Schedule D, Page 2, Part V, Line 4

The purpose of the foundations endowment fund (the fund) is to support childrens programs, resources, and materials at the almaden branch of the san jose public library. Children are defined as being age birth to 14 years old. All direct childrens program costs, including materials, supplies, equipment, program personnel, capital projects, renovations, communications, may be paid by the fund.

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IRS990/ProgSrvcAccomActy2Grp/Desc0LIBRARY PROGRAMS: BUILD A RELATIONSHIP FOR LIFE THROUGH 24 NEIGHBORHOOD LIBRARIES. IN PARTNERSHIP WITH SCHOOLS AND COMMUNITY ORGANIZATIONS, STUDENTS HAVE A SAFE AND WELCOMING SPACE TO COMPLETE SCHOOL ASSIGNMENTS, CONDUCT RESEARCH, AND SOCIALIZE. EARLY EDUCATION PROGRAMS HELP TO PREPARE OUR YOUNGEST RESIDENTS FOR KINDERGARTEN AND THE CODING5K CHALLENGE EXPOSES CHILDREN TO COMPUTER SCIENCE AND STEAM ACTIVITIES TO BUILD THE FUTURE GENERATION OF SILICON VALLEY EMPLOYEES. THERE ARE OPPORTUNITIES FOR CIVIC PARTICIPATION THROUGH PROGRAMS SUCH AS SAN JOSE ENGAGE AND CREATING BRIDGE LIBRARIES IN ISOLATED COMMUNITIES. ADULT EDUCATION IS ENCOURAGED THROUGH PARTNERS IN READING AND CAREER ONLINE HIGH SCHOOL THAT PROVIDES ADULT LEARNERS WITH A FREE WAY TO EARN THEIR HIGH SCHOOL DIPLOMA.
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IRS990/ProgSrvcAccomActy3Grp/Desc0THE SAN JOS LEARNS INITIATIVE ("SJ LEARNS") AIMS TO BOLSTER ACADEMIC ACHIEVEMENT BY FUNDING PROMISING AND INNOVATIVE OUT OF SCHOOL TIME PROGRAMS FOR SAN JOS STUDENTS IN TRANSITIONAL KINDERGARTEN THROUGH THIRD GRADE. SJ LEARNS IS A RESPONSE TO LOW ACADEMIC PERFORMANCE AMONG STUDENTS IN LOW- INCOME COMMUNITIES IN SAN JOS, WHERE APPROXIMATELY HALF OF THIRD-GRADERS ARE NOT PROFICIENT IN ENGLISH LANGUAGE ARTS (ELA)/READING AND MATHEMATICS. HIGH-QUALITY EXTENDED LEARNING PROGRAMS PROVIDE CRUCIAL ACADEMIC SUPPORT FOR STUDENTS WHO ARE STRUGGLING IN THE CLASSROOM AND ARE ESPECIALLY IMPORTANT FOR STUDENTS FROM LOW-INCOME FAMILIES WHO CANNOT AFFORD FEE-BASED ALTERNATIVES.
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IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE PURPOSE OF THE FOUNDATIONS ENDOWMENT FUND (THE FUND) IS TO SUPPORT CHILDRENS PROGRAMS, RESOURCES, AND MATERIALS AT THE ALMADEN BRANCH OF THE SAN JOSE PUBLIC LIBRARY. CHILDREN ARE DEFINED AS BEING AGE BIRTH TO 14 YEARS OLD. ALL DIRECT CHILDRENS PROGRAM COSTS, INCLUDING MATERIALS, SUPPLIES, EQUIPMENT, PROGRAM PERSONNEL, CAPITAL PROJECTS, RENOVATIONS, COMMUNICATIONS, MAY BE PAID BY THE FUND.
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Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$9.56$0.94$8.61$5.97$13.1$7.11
2023Detailed filing. Detailed filing data is available for this year.$16.6$0.93$15.7$6.18$6.49$0.31
2022Detailed filing. Detailed filing data is available for this year.$16.6$0.82$15.7$12.5$5.64$6.88
2021Detailed filing. Detailed filing data is available for this year.$11.3$1.99$9.28$7.33$3.56$3.77
2020Detailed filing. Detailed filing data is available for this year.$6.77$1.22$5.54$5.38$2.93$2.45
2019Detailed filing. Detailed filing data is available for this year.$4.34$1.30$3.03$2.78$2.80$0.02
2018Detailed filing. Detailed filing data is available for this year.$3.45$0.41$3.05$4.06$1.78$2.28
2017Detailed filing. Detailed filing data is available for this year.$0.79$0.03$0.77$0.65$0.36$0.29
2016Detailed filing. Detailed filing data is available for this year.$0.51$0.03$0.48$0.59$0.75$0.16
2015Detailed filing. Detailed filing data is available for this year.$0.76$0.12$0.64$0.62$0.58$0.04
2014Summary only. Only limited summary data is available for this year.$0.63$0.03$0.59$0.47$0.46$0.01
2013Summary only. Only limited summary data is available for this year.$0.71$0.13$0.58$0.42$0.50$0.08
2012Summary only. Only limited summary data is available for this year.$0.77$0.11$0.66$0.70$0.69$0.02
2011Summary only. Only limited summary data is available for this year.$0.66$0.02$0.64$0.36$0.49$0.13
Peer Organizations

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