Civic Intelligence

Tulare County Library Foundation

990 • Fiscal year 2015 • EIN 77-0501066

Jul 01, 2014 to Jun 30, 2015 • Filed on Sep 03, 2015

200 W OakVisalia, CA 93291

(559) 713-2709

Siviq Scores

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

Liabilities / Assets

25th percentile

0.00x

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

2015 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2015

Liabilities / Revenue

25th percentile

0.00x

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

2015 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2015

Net Margin

86th percentile

32%

Higher net margin than 86% of similar nonprofits.

2015 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2015

Top Officer Pay

49th percentile

$0

Higher top officer pay than 49% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2015 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2015

Asset Growth

72nd percentile

12%

Faster asset growth than 72% of similar nonprofits.

2015 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2014 to 2015

Revenue Growth

93rd percentile

91%

Faster revenue growth than 93% of similar nonprofits.

2015 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2014 to 2015

Assets

Up

$861,614

Up $91,174 (+12%) from 2014

Net Assets

Up

$861,614

Up $91,174 (+12%) from 2014

Liabilities

Flat

$0

Flat from 2014

Revenue

Up

$285,626

Up $136,289 (+91%) from 2014

Expenses

Up

$194,452

Up $128,890 (+197%) from 2014

Net Income

Up

$91,174

Up $7,399 (+8.8%) from 2014

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: $693,236Liabilities 2011: $0Net Assets 2011: $693,2362011Assets 2012: $686,974Liabilities 2012: $0Net Assets 2012: $686,9742012Assets 2013: $686,665Liabilities 2013: $0Net Assets 2013: $686,6652013Assets 2014: $770,440Liabilities 2014: $0Net Assets 2014: $770,4402014Assets 2015: $861,614Liabilities 2015: $0Net Assets 2015: $861,6142015Assets 2016: $932,320Liabilities 2016: $0Net Assets 2016: $932,3202016Assets 2017: $846,043Liabilities 2017: $0Net Assets 2017: $846,0432017Assets 2018: $938,380Liabilities 2018: $0Net Assets 2018: $938,3802018Assets 2019: $1,050,384Liabilities 2019: $0Net Assets 2019: $1,050,3842019Assets 2020: $1,081,392Liabilities 2020: $0Net Assets 2020: $1,081,3922020Assets 2021: $1,511,132Liabilities 2021: $0Net Assets 2021: $1,511,1322021Assets 2022: $1,620,876Liabilities 2022: $0Net Assets 2022: $1,620,8762022Assets 2023: $1,718,139Liabilities 2023: $0Net Assets 2023: $1,718,1392023Assets 2024: $1,605,325Liabilities 2024: $0Net Assets 2024: $1,605,3252024Assets 2025: $1,471,507Liabilities 2025: $0Net Assets 2025: $1,471,5072025

Highlighted filing

2015

Assets$861,614
Liabilities$0
Net Assets$861,614

Operations Trend

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

$800K$600K$400K$200K$0-$200KRevenue 2011: $129,302Expenses 2011: $56,233Net Income 2011: $73,0692011Revenue 2012: $151,537Expenses 2012: $157,799Net Income 2012: -$6,2622012Revenue 2013: $90,358Expenses 2013: $90,667Net Income 2013: -$3092013Revenue 2014: $149,337Expenses 2014: $65,562Net Income 2014: $83,7752014Revenue 2015: $285,626Expenses 2015: $194,452Net Income 2015: $91,1742015Revenue 2016: $172,323Expenses 2016: $101,617Net Income 2016: $70,7062016Revenue 2017: $109,295Expenses 2017: $195,572Net Income 2017: -$86,2772017Revenue 2018: $183,319Expenses 2018: $90,982Net Income 2018: $92,3372018Revenue 2019: $221,654Expenses 2019: $109,650Net Income 2019: $112,0042019Revenue 2020: $159,334Expenses 2020: $128,326Net Income 2020: $31,0082020Revenue 2021: $630,223Expenses 2021: $200,483Net Income 2021: $429,7402021Revenue 2022: $273,157Expenses 2022: $163,413Net Income 2022: $109,7442022Revenue 2023: $393,424Expenses 2023: $296,161Net Income 2023: $97,2632023Revenue 2024: $253,296Expenses 2024: $366,110Net Income 2024: -$112,8142024Revenue 2025: $259,296Expenses 2025: $393,114Net Income 2025: -$133,8182025

Highlighted filing

2015

Revenue$285,626
Expenses$194,452
Net Income$91,174
Jump To
Filing Snapshot
Filing Period
Jul 1, 2014 to Jun 30, 2015
Signed
Sep 3, 2015
Return Version
2014v5.0
Gross Receipts
$665,019
Mission and Program Overview

Mission

Assistance to library system

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$596,790$672,113▲ $75,323
Cash and Non-Interest-Bearing Accounts$173,650$189,501▲ $15,851
Accounts Receivable-$0-
Other Notes and Loans Receivable, Net-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Investments in Publicly Traded Securities-$0-
Land, Buildings, and Equipment, Net-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Prepaid Expenses and Deferred Charges-$0-
Total Assets$770,440$861,614▲ $91,174
Other Assets Total-$0-
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Temporarily Rstr Net Assets$760,246$762,770▲ $2,524
Unrestricted Net Assets$10,194$98,844▲ $88,650
Total Net Assets Fund Balance$770,440$861,614▲ $91,174
Total Liabilities and Net Assets / Fund Balance$770,440$861,614▲ $91,174

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2014$741,185-▲ $34,657-$769,389
2013$619,865$4,951▲ $116,369-$741,185
2012$419,948$148,635▲ $51,282-$619,865
2011$371,699$36,567▲ $11,682-$419,948
2010$363,022$5,726▲ $2,951-$371,699
Compensation and Service Providers

Board Members and Trustees

NameTitle
Scott JacobsenPresident
Arthur ZschauVice President
Charlie SaponaraDirector
David HernandezDirector
Jim HurlbuttDirector
Justin LevyDirector
Lali MohenoDirector
Lee MirvissDirector
Margarete SchmidtDirector
Paul SonierDirector
Sam CastilloDirector
Stacy MorrisDirector
Rick WarrenSecretary
Ryan McguireTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$201,601
Program Service Revenue
$0
Investment Income
$81,773
Other Revenue
$2,252
All Other Contributions
$201,601
Change in Net Assets
$91,174
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$194,452
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Expenses$4,329$6,453-$4,329
All Other Expenses$26$1,481-$1,507
Travel$1,436--$1,436
Occupancy$600--$600
Total Functional Expenses$186,518$7,934$0$194,452
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

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
No
Backup withholding compliance
No
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, Part VI, Line 11B: Form 990 Review Process

No review was or will be conducted.

Form 990, Part VI, Line 19: Other Organization Documents Publicly Available

The organization furnishes copies of its governing documents and financial statements to the general public upon request. The organization does not maintain a conflict of interest policy.

Filing and Contact Details

Filer

Filer Name
Tulare County Library Foundation
EIN
77-0501066
Phone
5597132709
Address
200 W OAK, VISALIA, CA 93291

Signing Officer

Name
Scott Jacobsen
Title
President
Signed
2015-09-03
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Scott Jacobsen
Formed
1999
Legal Domicile
CA
Voting Board Members
14
Independent Board Members
14
Employees
0
Volunteers
10

Preparer

Firm
Scott Mainord Langley & Simmons Inc
Address
3600 West Mineral King Avenue Suite, Visalia, CA 93291
Preparer
Gary A Simmons
Phone
5596253200
Supplemental Narrative

Financial Statement Notes

Part V, Line 4: Intended uses of the endowment fund.

The intended use of the endowment fund is to provide a corpus of funds from which the income generated can be used for various program expenditures and grants as approved by the board.

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IRS990/OfficeExpensesGrp/TotalAmt00
IRS990/OfficerMailingAddressInd0false
IRS990/OnBehalfOfIssuerInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OrgFiledInLieuOfForm1041Ind0false
IRS990/OtherAssetsTotalGrp/EOYAmt00
IRS990/OtherEmployeeBenefitsGrp/TotalAmt00
IRS990/OtherExpensesGrp/Desc0PROGRAM BOOKS
IRS990/OtherExpensesGrp/Desc1PROGRAM EXPEND: OTHER
IRS990/OtherExpensesGrp/Desc2INVESTMENT FEES
IRS990/OtherExpensesGrp/Desc3Postage and Shipping
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt06453
IRS990/OtherExpensesGrp/ProgramServicesAmt0106828
IRS990/OtherExpensesGrp/ProgramServicesAmt173299
IRS990/OtherExpensesGrp/ProgramServicesAmt24329
IRS990/OtherExpensesGrp/TotalAmt0106828
IRS990/OtherExpensesGrp/TotalAmt173299
IRS990/OtherExpensesGrp/TotalAmt26453
IRS990/OtherExpensesGrp/TotalAmt34329
IRS990/OtherRevenueMiscGrp/Desc0SANDERS TRUST K-1
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt02252
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt02252
IRS990/OtherRevenueTotalAmt02252
IRS990/OtherSalariesAndWagesGrp/TotalAmt00
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt00
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/TotalAmt00
IRS990/PensionPlanContributionsGrp/TotalAmt00
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt00
IRS990/PrincipalOfficerNm0SCOTT JACOBSEN
IRS990/ProfessionalFundraisingInd0false
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0123531
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt025806
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt065562
IRS990/PYRevenuesLessExpensesAmt083775
IRS990/PYTotalExpensesAmt065562
IRS990/PYTotalRevenueAmt0149337
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt091174
IRS990/RegularMonitoringEnfrcInd0false
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0false
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0596790
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0672113
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0201601
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0123531
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt060877
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0147713
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0126316
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0660038
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt081773
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt025806
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt029482
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt03824
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt02986
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt0143871
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearAmt02252
IRS990ScheduleA/OtherIncome170Grp/TotalAmt02252
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.65740
IRS990ScheduleA/PublicSupportPY170Pct00.74450
IRS990ScheduleA/PublicSupportTotal170Amt0529981
IRS990ScheduleA/SubstantialContributorsTotAmt0130057
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0201601
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0123531
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt060877
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0147713
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0126316
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0660038
IRS990ScheduleA/TotalSupportAmt0806161
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt00
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleD/CYEndwmtFundGrp/AdministrativeExpensesAmt06453
IRS990ScheduleD/CYEndwmtFundGrp/BeginningYearBalanceAmt0741185
IRS990ScheduleD/CYEndwmtFundGrp/EndYearBalanceAmt0769389
IRS990ScheduleD/CYEndwmtFundGrp/InvestmentEarningsOrLossesAmt034657
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/BeginningYearBalanceAmt0619865
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/ContributionsAmt04951
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/EndYearBalanceAmt0741185
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0116369
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/BeginningYearBalanceAmt0419948
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/ContributionsAmt0148635
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/EndYearBalanceAmt0619865
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt051282
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/BeginningYearBalanceAmt0371699
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/ContributionsAmt036567
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/EndYearBalanceAmt0419948
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt011682
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/BeginningYearBalanceAmt0363022
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/ContributionsAmt05726
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/EndYearBalanceAmt0371699
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt02951
IRS990ScheduleD/EndowmentsHeldRelatedOrgInd0false
IRS990ScheduleD/EndowmentsHeldUnrelatedOrgInd0false
IRS990ScheduleD/RelatedOrgListSchRInd0false
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE INTENDED USE OF THE ENDOWMENT FUND IS TO PROVIDE A CORPUS OF FUNDS FROM WHICH THE INCOME GENERATED CAN BE USED FOR VARIOUS PROGRAM EXPENDITURES AND GRANTS AS APPROVED BY THE BOARD.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Part V, Line 4: Intended uses of the endowment fund.
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0false
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0No review was or will be conducted.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE ORGANIZATION FURNISHES COPIES OF ITS GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS TO THE GENERAL PUBLIC UPON REQUEST. THE ORGANIZATION DOES NOT MAINTAIN A CONFLICT OF INTEREST POLICY.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Line 11b: Form 990 Review Process
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Line 19: Other Organization Documents Publicly Available
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0CA
IRS990/SubjectToProxyTaxInd0false

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.47$0.00$1.47$0.26$0.39$0.13
2024Detailed filing. Detailed filing data is available for this year.$1.61$0.00$1.61$0.25$0.37$0.11
2023Detailed filing. Detailed filing data is available for this year.$1.72$0.00$1.72$0.39$0.30$0.10
2022Detailed filing. Detailed filing data is available for this year.$1.62$0.00$1.62$0.27$0.16$0.11
2021Detailed filing. Detailed filing data is available for this year.$1.51$0.00$1.51$0.63$0.20$0.43
2020Detailed filing. Detailed filing data is available for this year.$1.08$0.00$1.08$0.16$0.13$0.03
2019Detailed filing. Detailed filing data is available for this year.$1.05$0.00$1.05$0.22$0.11$0.11
2018Detailed filing. Detailed filing data is available for this year.$0.94$0.00$0.94$0.18$0.09$0.09
2017Detailed filing. Detailed filing data is available for this year.$0.85$0.00$0.85$0.11$0.20$0.09
2016Detailed filing. Detailed filing data is available for this year.$0.93$0.00$0.93$0.17$0.10$0.07
2015Detailed filing. Detailed filing data is available for this year.$0.86$0.00$0.86$0.29$0.19$0.09
2014Summary only. Only limited summary data is available for this year.$0.77$0.00$0.77$0.15$0.07$0.08
2013Summary only. Only limited summary data is available for this year.$0.69$0.00$0.69$0.09$0.09$0.00
2012Summary only. Only limited summary data is available for this year.$0.69$0.00$0.69$0.15$0.16$0.01
2011Summary only. Only limited summary data is available for this year.$0.69$0.00$0.69$0.13$0.06$0.07