Civic Intelligence

Lompoc District Libraries Foundation

990 • Fiscal year 2017 • EIN 77-0443696

Jul 01, 2016 to Jun 30, 2017 • Filed on May 14, 2018

PO Box 2833Lompoc, CA 93438-2833

(805) 735-4170

Siviq Scores

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

Liabilities / Assets

54th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Liabilities / Revenue

54th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Net Margin

92nd percentile

52%

Higher net margin than 92% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2017

Asset Growth

8th percentile

-53%

Faster asset growth than 8% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Annualized from 2016 to 2017

Revenue Growth

20th percentile

-25%

Faster revenue growth than 20% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Annualized from 2016 to 2017

Assets

Down

$375,490

Down $423,040 (-53%) from 2016

Net Assets

Down

$375,490

Down $423,040 (-53%) from 2016

Liabilities

Flat

$0

Flat from 2016

Revenue

Down

$37,986

Down $12,478 (-25%) from 2016

Expenses

Down

$18,263

Down $3,328 (-15%) from 2016

Net Income

Down

$19,723

Down $9,150 (-32%) from 2016

Historical Trend

Balance Sheet Trend

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

$1.0M$500K$0Assets 2011: $835,468Liabilities 2011: $0Net Assets 2011: $835,4682011Assets 2012: $886,168Liabilities 2012: $2,500Net Assets 2012: $883,6682012Assets 2013: $966,961Liabilities 2013: $602Net Assets 2013: $966,3592013Assets 2014: $760,874Liabilities 2014: $4,600Net Assets 2014: $756,2742014Assets 2015: $779,724Liabilities 2015: $0Net Assets 2015: $779,7242015Assets 2016: $798,530Liabilities 2016: $0Net Assets 2016: $798,5302016Assets 2017: $375,490Liabilities 2017: $0Net Assets 2017: $375,4902017Assets 2018: $391,209Liabilities 2018: $0Net Assets 2018: $391,2092018Assets 2019: $358,376Liabilities 2019: $0Net Assets 2019: $358,3762019Assets 2020: $168,176Liabilities 2020: $0Net Assets 2020: $168,1762020Assets 2021: $15,903Liabilities 2021: $0Net Assets 2021: $15,9032021Assets 2025: $87,552Net Assets 2025: $87,5522025

Highlighted filing

2017

Assets$375,490
Liabilities$0
Net Assets$375,490

Operations Trend

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

$400K$200K$0-$200K-$400KRevenue 2011: $48,079Expenses 2011: $9,318Net Income 2011: $38,7612011Revenue 2012: $55,468Expenses 2012: $11,786Net Income 2012: $43,6822012Expenses 2013: $16,7362013Revenue 2014: $41,185Expenses 2014: $305,516Net Income 2014: -$264,3312014Revenue 2015: $38,540Expenses 2015: $22,499Net Income 2015: $16,0412015Revenue 2016: $50,464Expenses 2016: $21,591Net Income 2016: $28,8732016Revenue 2017: $37,986Expenses 2017: $18,263Net Income 2017: $19,7232017Revenue 2018: $24,750Expenses 2018: $9,031Net Income 2018: $15,7192018Revenue 2019: -$22,831Expenses 2019: $10,002Net Income 2019: -$32,8332019Revenue 2020: $22,635Expenses 2020: $212,835Net Income 2020: -$190,2002020Revenue 2021: $23,699Expenses 2021: $175,972Net Income 2021: -$152,2732021Revenue 2025: $107,761Expenses 2025: $24,929Net Income 2025: $82,8322025

Highlighted filing

2017

Revenue$37,986
Expenses$18,263
Net Income$19,723
Jump To
Filing Snapshot
Filing Period
Jul 1, 2016 to Jun 30, 2017
Signed
May 14, 2018
Return Version
2016v3.0
Gross Receipts
$37,986
Mission and Program Overview

Mission

The mission of the lompoc district libraries foundation is to provide supplemental financial support not generally available from government sources to lompoc zone 2 libraries. This funding supports capital projects and enhanced reading materials and options.

The mission of the lompoc district libraries foundation is to provide supplemental financial support not generally available from government sources to lompoc zone 2 libraries. The funding developed supports capital projects and enhanced reading materials and options.

Balance Sheet Detail
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds$798,530$375,490▼ $423,040
Investments in Publicly Traded Securities$306,202--
Other Notes and Loans Receivable, Net$233,888$225,634▼ $8,254
Savings and Temporary Cash Investments$170,467$145,317▼ $25,150
Cash and Non-Interest-Bearing Accounts$87,973$4,539▼ $83,434
Total Assets$798,530$375,490▼ $423,040
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Total Net Assets Fund Balance$798,530$375,490▼ $423,040
Total Liabilities and Net Assets / Fund Balance$798,530$375,490▼ $423,040

Asset Categories

AssetBook ValueDepreciationBasis
Equipment-$1,864$1,864

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2016$425,285$40,828▲ $52,526$499,955$18,684
2015$386,488$60,539▼ $2,842$18,900$425,285
2014$391,547$8,513▲ $4,678$18,250$386,488
2013$324,495$12,976▲ $66,826$12,750$391,547
2012$277,590$22,696▲ $37,459$13,250$324,495
Compensation and Service Providers

Board Members and Trustees

NameTitle
Melinda AguirrePresident
Margaret Fuentez-smithDirector
Patti CogginDirector
Gail MeehanSecretary
Robyn SmallTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$6,741
Program Service Revenue
$0
Investment Income
$31,245
Other Revenue
$0
All Other Contributions
$5,196
Change in Net Assets
$19,723
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$15,736
Other Expenses$2,527
Total Fundraising Expense$1,740
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$15,736--$15,736
Advertising-$150$897$1,047
Insurance$375-$325$700
Fees for Services Other--$518$518
Office Expenses-$207-$207
All Other Expenses-$55-$55
Total Functional Expenses$16,111$412$1,740$18,263
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
City of LompocLompoc, CACity GovtSee Sch 0 Sch I-3$9,900
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 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 governing body review Part VI line 11

A copy of the tax return is provided to all board members prior to filing. Review and submission of questions for discussion is encouraged prior to the regular board meeting where items may be discussed.

Governing documents etc available to public Part VI line 19

The organization provides copies on request, board meetings are open to the public and the organizations governing documents, policies, and tax return are available for viewing on request.

Filing and Contact Details

Filer

Filer Name
Lompoc District Libraries Foundation
EIN
77-0443696
Address
PO BOX 2833, LOMPOC, CA 93438-2833

Signing Officer

Name
Gail Meehan
Title
Secretary
Signed
2018-05-14
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Melinda Aguirre
Formed
1997
Legal Domicile
CA
Voting Board Members
5
Independent Board Members
5
Employees
0
Volunteers
7

Preparer

Firm
John A Rodenhi CPA
Address
212 East Walnut Avenue, Lompoc, CA 93436-6833
Preparer
John a Rodenhi CPA
Phone
8057354170
Supplemental Narrative

Additional Explanations

Explanation of other changes in net assets or fund balances Part XI line 9

In seeking to insure the stability and future security of its book endowments, the lompoc district libraries foundation selected the santa barbara foundation, a 501(c)3 community foundation, to support their mission in perpetuity. The santa barbara foundations capactiy to administer and grow the library foundations book endowments is considerable. Included with this filing is correspondence with the california attorney general outlining the library foundation boards plan for endowment sustainability, and subsequent approval by the department of justice. Total funds transferred to the santa barbara foundation were $484,755, made up of the following community library funds: charlottes web childrens $53,801; general $108,104; lompoc $112,313; village $155,988; & buellton $54,549.

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IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt031245
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt028649
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt028777
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt025681
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt035410
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt0149762
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IRS990ScheduleA/PublicSupportPY170Pct00.29180
IRS990ScheduleA/PublicSupportTotal170Amt059337
IRS990ScheduleA/SubstantialContributorsTotAmt021182
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IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt06741
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IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt09763
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt015504
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt026696
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt080519
IRS990ScheduleA/TotalSupportAmt0230281
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IRS990ScheduleD/CYEndwmtFundGrp/BeginningYearBalanceAmt0425285
IRS990ScheduleD/CYEndwmtFundGrp/ContributionsAmt040828
IRS990ScheduleD/CYEndwmtFundGrp/EndYearBalanceAmt018684
IRS990ScheduleD/CYEndwmtFundGrp/InvestmentEarningsOrLossesAmt052526
IRS990ScheduleD/CYEndwmtFundGrp/OtherExpendituresAmt0499955
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IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/OtherExpendituresAmt018900
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IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt04678
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/OtherExpendituresAmt018250
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/BeginningYearBalanceAmt0324495
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/ContributionsAmt012976
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/EndYearBalanceAmt0391547
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt066826
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/OtherExpendituresAmt012750
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IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/OtherExpendituresAmt013250
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IRS990ScheduleD/EndowmentsHeldUnrelatedOrgInd0true
IRS990ScheduleD/EquipmentGrp/DepreciationAmt01864
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt01864
IRS990ScheduleI/GrantRecordsMaintainedInd0true
IRS990ScheduleI/RecipientTable/CashGrantAmt09900
IRS990ScheduleI/RecipientTable/IRCSectionDesc0CITY GOVT
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt01754
IRS990ScheduleI/RecipientTable/NonCashAssistanceDesc0CASH SUPPORT OF LIBRARY EVENTS
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0SEE SCH 0 SCH I-3
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0CITY OF LOMPOC
IRS990ScheduleI/RecipientTable/RecipientEIN0956000734
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt0101 CIVIC CENTER PLAZA
IRS990ScheduleI/RecipientTable/USAddress/CityNm0LOMPOC
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd0CA
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd093438
IRS990ScheduleI/RecipientTable/ValuationMethodUsedDesc0CASH DISTRIBUTED
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0BOOK ENDOWMENT FUNDS ARE DISBURSED TO THE CITY OF LOMPOC FINANCE DEPARTMENT. THE LIBRARY DIRECTOR COMPLETES AN ANNUAL REPORT FOR THE LIBRARY FOUNDATION BOARD SHOWING THE USE OF THE GRANT PROCEEDS. THE REPORT INCLUDES AN ANNUAL MAINTENANCE OF EFFORT REVIEW OF THE GRANTS SUPPLEMENTAL NATURE, POPULATION SERVED, BENEFITS REALIZED, AND UNMET NEEDS.
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt1SCH I, PART II, LINE 1, COL H: PURCHASE OF SUPPLEMENTAL DIGITAL SERVICES FOR DOWNLOADABLE AUDIO & EBOOKS, AND LEARNING DATABASES.
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0Monitoring procedures (Part I, line 2)
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc1Additional Information for Schedule I
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IRS990ScheduleN/DispositionOfAssetsDetail/AssetsDistriOrExpnssPaidDesc0TRANSFER OF BOOK ENDOWMENT ASSETS
IRS990ScheduleN/DispositionOfAssetsDetail/DistributionDt02017-06-30
IRS990ScheduleN/DispositionOfAssetsDetail/EIN0951866094
IRS990ScheduleN/DispositionOfAssetsDetail/FairMarketValueOfAssetAmt0484755
IRS990ScheduleN/DispositionOfAssetsDetail/IRCSectionTxt0501C3
IRS990ScheduleN/DispositionOfAssetsDetail/MethodOfFMVDeterminationTxt0CASH
IRS990ScheduleN/DispositionOfAssetsDetail/PersonNm0SANTA BARBARA FOUNDATION
IRS990ScheduleN/DispositionOfAssetsDetail/USAddress/AddressLine1Txt01111 CHAPALA ST STE 200
IRS990ScheduleN/DispositionOfAssetsDetail/USAddress/CityNm0SANTA BARBARA
IRS990ScheduleN/DispositionOfAssetsDetail/USAddress/StateAbbreviationCd0CA
IRS990ScheduleN/DispositionOfAssetsDetail/USAddress/ZIPCd093101
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0A COPY OF THE TAX RETURN IS PROVIDED TO ALL BOARD MEMBERS PRIOR TO FILING. REVIEW AND SUBMISSION OF QUESTIONS FOR DISCUSSION IS ENCOURAGED PRIOR TO THE REGULAR BOARD MEETING WHERE ITEMS MAY BE DISCUSSED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE ORGANIZATION PROVIDES COPIES ON REQUEST, BOARD MEETINGS ARE OPEN TO THE PUBLIC AND THE ORGANIZATIONS GOVERNING DOCUMENTS, POLICIES, AND TAX RETURN ARE AVAILABLE FOR VIEWING ON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2IN SEEKING TO INSURE THE STABILITY AND FUTURE SECURITY OF ITS BOOK ENDOWMENTS, THE LOMPOC DISTRICT LIBRARIES FOUNDATION SELECTED THE SANTA BARBARA FOUNDATION, A 501(C)3 COMMUNITY FOUNDATION, TO SUPPORT THEIR MISSION IN PERPETUITY. THE SANTA BARBARA FOUNDATIONS CAPACTIY TO ADMINISTER AND GROW THE LIBRARY FOUNDATIONS BOOK ENDOWMENTS IS CONSIDERABLE. INCLUDED WITH THIS FILING IS CORRESPONDENCE WITH THE CALIFORNIA ATTORNEY GENERAL OUTLINING THE LIBRARY FOUNDATION BOARDS PLAN FOR ENDOWMENT SUSTAINABILITY, AND SUBSEQUENT APPROVAL BY THE DEPARTMENT OF JUSTICE. TOTAL FUNDS TRANSFERRED TO THE SANTA BARBARA FOUNDATION WERE $484,755, MADE UP OF THE FOLLOWING COMMUNITY LIBRARY FUNDS: CHARLOTTES WEB CHILDRENS $53,801; GENERAL $108,104; LOMPOC $112,313; VILLAGE $155,988; & BUELLTON $54,549.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990 governing body review Part VI line 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Governing documents etc available to public Part VI line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Explanation of other changes in net assets or fund balances Part XI line 9
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IRS990/TaxableDistributionsInd0false
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IRS990/TerminateOperationsInd0false
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IRS990/TotalContributionsAmt06741
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt01740
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0412
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt016111
IRS990/TotalFunctionalExpensesGrp/TotalAmt018263
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesEOYAmt00
IRS990/TotalLiabilitiesGrp/BOYAmt00
IRS990/TotalLiabilitiesGrp/EOYAmt00
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IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0375490
IRS990/TotalOtherCompensationAmt00
IRS990/TotalOtherProgSrvcExpenseAmt0911
IRS990/TotalOtherProgSrvcRevenueAmt0500
IRS990/TotalProgramServiceExpensesAmt016111
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt031245
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt037986
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt07
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0798530
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0375490
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TransactionWithControlEntInd0false
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UponRequestInd0X
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IRS990/VotingMembersIndependentCnt05
IRS990/WebsiteAddressTxt0N/A
IRS990/WhistleblowerPolicyInd0true
ReturnHeader/BuildTS02018-06-14 16:35:46Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0GAIL MEEHAN
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0SECRETARY
ReturnHeader/BusinessOfficerGrp/SignatureDt02018-05-14
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0LOMPOC DISTRICT LIBRARIES FOUNDATION
ReturnHeader/Filer/BusinessNameControlTxt0LOMP
ReturnHeader/Filer/EIN0770443696
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO BOX 2833
ReturnHeader/Filer/USAddress/CityNm0LOMPOC
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ReturnHeader/FilingSecurityInformation/FederalOriginalSubmissionIdDt02018-05-14
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt0206.169.66.190
ReturnHeader/FilingSecurityInformation/IPDt02018-05-14
ReturnHeader/FilingSecurityInformation/IPTm022:09:00
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0770040110
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0John A Rodenhi CPA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0212 East Walnut Avenue
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Lompoc
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0CA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0934366833
ReturnHeader/PreparerPersonGrp/PhoneNum08057354170
ReturnHeader/PreparerPersonGrp/PreparationDt02018-05-14
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0JOHN A RODENHI CPA
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02018-05-14T17:03:06-04:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02016-07-01
ReturnHeader/TaxPeriodEndDt02017-06-30
ReturnHeader/TaxYr02016

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