Civic Intelligence

The San Jose Public Library Foundation

990 • Fiscal year 2020 • EIN 77-0142379

Jan 01, 2020 to Dec 31, 2020 • Filed on Aug 10, 2021

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

51st percentile

0.18x

Higher debt load relative to assets than 51% of similar nonprofits.

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

Liabilities / Revenue

52nd percentile

0.23x

Higher debt load relative to revenue than 52% of similar nonprofits.

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

Net Margin

89th percentile

46%

Higher net margin than 89% of similar nonprofits.

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

Top Officer Pay

65th percentile

$155,968

Higher top officer pay than 65% of similar nonprofits.

Top officer pay equals 2.9% of source-year revenue.

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

Asset Growth

90th percentile

56%

Faster asset growth than 90% of similar nonprofits.

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

Revenue Growth

93rd percentile

94%

Faster revenue growth than 93% of similar nonprofits.

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

Assets

Up

$6,766,319

Up $2,430,337 (+56%) from 2019

Net Assets

Up

$5,541,866

Up $2,509,315 (+83%) from 2019

Liabilities

Down

$1,224,453

Down $78,978 (-6.1%) from 2019

Revenue

Up

$5,384,659

Up $2,606,567 (+94%) from 2019

Expenses

Up

$2,930,665

Up $128,065 (+4.6%) from 2019

Net Income

Up

$2,453,994

Up $2,478,502 (+10113%) from 2019

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

2020

Assets$6,766,319
Liabilities$1,224,453
Net Assets$5,541,866

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

2020

Revenue$5,384,659
Expenses$2,930,665
Net Income$2,453,994
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
Aug 10, 2021
Return Version
2020v4.0
Gross Receipts
$5,384,659
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$5,447,036▲ $1,860,284
Cash and Non-Interest-Bearing Accounts$225,453$1,099,078▲ $873,625
Pledges and Grants Receivable$521,359$209,123▼ $312,236
Prepaid Expenses and Deferred Charges$2,418$11,082▲ $8,664
Total Assets$4,335,982$6,766,319▲ $2,430,337
Liabilities
Grants Payable$1,240,913$1,135,078▼ $105,835
Accounts Payable and Accrued Expenses$62,518$47,679▼ $14,839
Unsecured Notes Loans Payable-$41,696-
Total Liabilities$1,303,431$1,224,453▼ $78,978
Net Assets / Fund Balance
Net Assets With Donor Restrictions$2,081,180$4,262,302▲ $2,181,122
Net Assets Without Donor Restrictions$951,371$1,279,564▲ $328,193
Total Net Assets Fund Balance$3,032,551$5,541,866▲ $2,509,315
Total Liabilities and Net Assets / Fund Balance$4,335,982$6,766,319▲ $2,430,337

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2020$101,000$446,011▲ $57,957-$601,969
2019-$101,000--$101,000
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Dawn CoppinExecutive DiFT$145,897$10,071$155,968
Dawn CoppinExecutive Director-$145,897$10,071$155,968

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$5,329,027
Program Service Revenue
$0
Investment Income
$55,632
Other Revenue
$0
All Other Contributions
$4,229,027
Change in Net Assets
$2,453,994

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 Table3$323,856Acquisition Value
Securities Publicly Traded15$2,077Market Value
Total Noncash Contributions18$325,933-

Audited Revenue Reconciliation

Revenue per Audited Statements
$5,366,754
Revenue Not Reported on Financial Statements
$17,905
Revenue Not Reported on Form 990
$91,456
Total Revenue per Audited Statements
$5,458,210
Total Revenue per Form 990
$5,384,659
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$2,149,480
Other Expenses$402,577
Salaries, Compensation, and Employee Benefits$378,608
Total Fundraising Expense$198,085
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$2,085,520--$2,085,520
Other Salaries and Wages$32,949$58,446$80,283$171,678
Current Officers, Directors, Trustees, and Key Employees$61,254$62,063$32,650$155,967
Grants to Domestic Individuals$63,960--$63,960
Office Expenses$21,966$3,746$10,626$36,338
Other Employee Benefits$7,390$9,454$8,860$25,704
Payroll Taxes$7,262$9,291$8,706$25,259
Fees for Service Investment Mgmnt Fees$5,967$5,969$5,969$17,905
Conferences and Meetings-$5,924-$5,924
Other Expenses$1,320$1,688$1,582$4,590
Travel$349$1,115$394$1,858
Advertising--$1,729$1,729
All Other Expenses$836$367$110$1,313
Total Functional Expenses$2,542,885$189,695$198,085$2,930,665

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$2,948,895
Total Expenses per Form 990$2,930,665
Expenses per Audited Statements$2,912,760
Expenses Not Reported on Form 990$36,135
Expenses Not Reported on Financial Statements$17,905
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
San Jose Public LibrarySan Jose, CAGovLibrary Programs$762,389
Franklin-mckinley School DistrictSan Jose, CAGovSj Learns$387,000
Luther Burbank School DistrictSan Jose, CAGovSj Learns$277,800
San Jose Public LibrarySan Jose, CAGovLibrary Programs$150,000
San Jose Public LibrarySan Jose, CAGovSj Learns$120,000
San Jose Public LibrarySan Jose, CAGovLibrary Branch Supp$64,475
Mt PleasantSan Jose, CAGovSj Learns-
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$300
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, audit committee, 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
2021-08-10
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Jason Papier
Formed
1987
Legal Domicile
CA
Voting Board Members
17
Independent Board Members
17
Employees
4
Volunteers
25

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/MissionDesc0THE 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.
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IRS990/ProgSrvcAccomActy2Grp/Desc0LIBRARY PROGRAMS: BUILDING A RELATIONSHIP FOR LIFE THROUGH 25 NEIGHBORHOOD LIBRARIES WITH FREE RESOURCES AND PROGRAMS ADVANCING EARLY EDUCATION, GRADE LEVEL PROFICIENCY, CAREER EXPLORATION, COLLEGE PREPARATION, WORKFORCE DEVELOPMENT, DIGITAL INCLUSION, AND LIFELONG LEARNING. IN PARTNERSHIP WITH SCHOOLS AND COMMUNITY ORGANIZATIONS, CHILDREN AND ADULTS HAVE A SAFE AND WELCOMING SPACE TO FOLLOW THEIR CURIOSITY AND PASSION IN A WAY THAT FOSTERS DIALOGUE, SOCIAL CONNECTION, AND EQUITY.
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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.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE D, PAGE 2, PART V, LINE 4
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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