Civic Intelligence

California State Library Foundation

990 • Fiscal year 2014 • EIN 94-2787115

Jan 01, 2014 to Dec 31, 2014 • Filed on Nov 13, 2015

1225 8th StreetSacramento, CA 95814

(916) 447-6331

Siviq Scores

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

Liabilities / Assets

12th percentile

0.00x

Higher debt load relative to assets than 12% of similar nonprofits.

2014 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2014

Liabilities / Revenue

21st percentile

0.05x

Higher debt load relative to revenue than 21% of similar nonprofits.

2014 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2014

Net Margin

3rd percentile

-84%

Higher net margin than 3% of similar nonprofits.

2014 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2014

Top Officer Pay

19th percentile

$0

Higher top officer pay than 19% of similar nonprofits.

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

2014 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2014

Asset Growth

19th percentile

-4.3%

Faster asset growth than 19% of similar nonprofits.

2014 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2013 to 2014

Revenue Growth

5th percentile

-48%

Faster revenue growth than 5% of similar nonprofits.

2014 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2013 to 2014

Assets

Down

$6,173,494

Down $275,334 (-4.3%) from 2013

Net Assets

Down

$6,149,708

Down $293,347 (-4.6%) from 2013

Liabilities

Up

$23,786

Up $18,013 (+312%) from 2013

Revenue

Down

$464,268

Down $430,806 (-48%) from 2013

Expenses

Up

$854,327

Up $255,018 (+43%) from 2013

Net Income

Down

-$390,059

Down $685,824 (-232%) from 2013

Historical Trend

Balance Sheet Trend

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

$15M$10M$5.0M$0Assets 2010: $5,118,186Liabilities 2010: $5,866Net Assets 2010: $5,112,3202010Assets 2011: $5,160,308Liabilities 2011: $5,710Net Assets 2011: $5,154,5982011Assets 2012: $5,595,239Liabilities 2012: $5,552Net Assets 2012: $5,589,6872012Assets 2013: $6,448,828Liabilities 2013: $5,773Net Assets 2013: $6,443,0552013Assets 2014: $6,173,494Liabilities 2014: $23,786Net Assets 2014: $6,149,7082014Assets 2015: $6,572,290Liabilities 2015: $9,386Net Assets 2015: $6,562,9042015Assets 2016: $7,547,424Liabilities 2016: $40,923Net Assets 2016: $7,506,5012016Assets 2017: $8,520,006Liabilities 2017: $17,899Net Assets 2017: $8,502,1072017Assets 2018: $7,871,072Liabilities 2018: $54,164Net Assets 2018: $7,816,9082018Assets 2019: $8,884,301Liabilities 2019: $23,752Net Assets 2019: $8,860,5492019Assets 2020: $9,727,604Liabilities 2020: $47,468Net Assets 2020: $9,680,1362020Assets 2021: $10,569,094Liabilities 2021: $64,464Net Assets 2021: $10,504,6302021Assets 2022: $8,077,637Liabilities 2022: $96,416Net Assets 2022: $7,981,2212022Assets 2023: $9,002,108Liabilities 2023: $95,321Net Assets 2023: $8,906,7872023Assets 2024: $9,683,775Liabilities 2024: $67,059Net Assets 2024: $9,616,7162024

Highlighted filing

2014

Assets$6,173,494
Liabilities$23,786
Net Assets$6,149,708

Operations Trend

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

$1.5M$1.0M$500K$0-$500KRevenue 2010: $231,032Expenses 2010: $386,868Net Income 2010: -$155,8362010Revenue 2011: $420,943Expenses 2011: $305,951Net Income 2011: $114,9922011Revenue 2012: $281,571Expenses 2012: $358,712Net Income 2012: -$77,1412012Revenue 2013: $895,074Expenses 2013: $599,309Net Income 2013: $295,7652013Revenue 2014: $464,268Expenses 2014: $854,327Net Income 2014: -$390,0592014Revenue 2015: $1,204,663Expenses 2015: $572,834Net Income 2015: $631,8292015Revenue 2016: $1,123,295Expenses 2016: $547,394Net Income 2016: $575,9012016Revenue 2017: $907,679Expenses 2017: $504,577Net Income 2017: $403,1022017Revenue 2018: $818,872Expenses 2018: $629,876Net Income 2018: $188,9962018Revenue 2019: $411,774Expenses 2019: $520,399Net Income 2019: -$108,6252019Revenue 2020: $413,319Expenses 2020: $390,169Net Income 2020: $23,1502020Revenue 2021: $1,239,676Expenses 2021: $415,182Net Income 2021: $824,4942021Revenue 2022: $708,975Expenses 2022: $549,201Net Income 2022: $159,7742022Revenue 2023: $600,007Expenses 2023: $483,297Net Income 2023: $116,7102023Revenue 2024: $1,210,230Expenses 2024: $583,188Net Income 2024: $627,0422024

Highlighted filing

2014

Revenue$464,268
Expenses$854,327
Net Income-$390,059
Jump To
Filing Snapshot
Filing Period
Jan 1, 2014 to Dec 31, 2014
Signed
Nov 13, 2015
Return Version
2014v5.0
Gross Receipts
$922,450
Mission and Program Overview

Mission

The California State Library Foundation is the independent philanthropic partner of the California State Library in strengthening information resources which enrich the social and cultural heritage of California and its people.

Provide support for California State Library Programs.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$6,003,094$6,119,348▲ $116,254
Cash and Non-Interest-Bearing Accounts$13,693$29,555▲ $15,862
Savings and Temporary Cash Investments$338,010$16,552▼ $321,458
Pledges and Grants Receivable$91,650$6,050▼ $85,600
Prepaid Expenses and Deferred Charges$1,855$1,797▼ $58
Land, Buildings, and Equipment, Net$214$0▼ $214
Accounts Receivable$312$192▼ $120
Other Notes and Loans Receivable, Net-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Total Assets$6,448,828$6,173,494▼ $275,334
Other Assets Total-$0-
Liabilities
Accounts Payable and Accrued Expenses$669$18,682▲ $18,013
Deferred Revenue$5,104$5,104→ $0
Total Liabilities$5,773$23,786▲ $18,013
Net Assets / Fund Balance
Unrestricted Net Assets$4,055,348$4,166,216▲ $110,868
Temporarily Rstr Net Assets$1,901,049$1,496,834▼ $404,215
Permanently Rstr Net Assets$486,658$486,658→ $0
Total Net Assets Fund Balance$6,443,055$6,149,708▼ $293,347
Total Liabilities and Net Assets / Fund Balance$6,448,828$6,173,494▼ $275,334

Asset Categories

AssetBook ValueDepreciationBasis
Equipment-$9,674$9,674

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2014$947,554-▲ $148,790$136,703$955,075
2013$1,084,665-▲ $544$129,756$947,554
2012$920,174-▲ $186,420$9,647$1,084,665
2011$895,936-▲ $32,952-$920,174
2010$818,175-▲ $82,424-$895,936
Compensation and Service Providers

Board Members and Trustees

NameTitle
Kenneth B Noack JrPresident
George BasyeVice President
JoAnn LevyDirector
Marilyn SniderDirector
Phillip IsenbergDirector
Phyllis SmithDirector
Sandra SwaffordDirector
Sue T NoackDirector
Thomas W StallardDirector
Mead B KibbeyAssist. Treas
Gary F KurutzExecutive Direc
Donald J HagertySecretary
Thomas E VinsonTreasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
Regents of UCBTraining & research2150 Shattuck Ave 300, Berkeley, CA 94704$150,000
Revenue and Support

Revenue Composition

Contributions and Grants
$126,444
Program Service Revenue
$0
Investment Income
$318,990
Other Revenue
$18,834
All Other Contributions
$109,608
Change in Net Assets
$-390,059

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
Securities Publicly Traded3$45,163Quoted prices
Total Noncash Contributions3$45,163-

Audited Revenue Reconciliation

Revenue per Audited Statements
$464,268
Revenue Not Reported on Form 990
$96,712
Total Revenue per Audited Statements
$560,980
Total Revenue per Form 990
$464,268
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$685,541
Grants and Similar Amounts Paid$94,800
Salaries, Compensation, and Employee Benefits$73,986
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Other$321,952$1,027-$322,979
Office Expenses$87,939$27,562-$115,501
Grants to Domestic Orgs$94,800--$94,800
Other Salaries and Wages-$68,520-$68,520
Conferences and Meetings$27,038$3,889-$30,927
Occupancy-$19,376-$19,376
Fees for Service Investment Mgmnt Fees-$11,971-$11,971
Fees for Services Accounting-$11,100-$11,100
Payroll Taxes-$5,466-$5,466
Insurance-$4,343-$4,343
Information Technology-$2,477-$2,477
Depreciation Depletion-$213-$213
Other Expenses$109$-27,029-$109
Total Functional Expenses$725,412$128,915$0$854,327

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$854,327
Total Expenses per Audited Statements$854,327
Total Expenses per Form 990$854,327
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
KingsTulare Continuum of CareVisalia, CA501(c)(3)General support$12,000
Yolo Community Care ContinuumDavis, CA-General support$12,000
CSUS Art Development FundSacramento, CA501(c)(3)General support$11,000
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
Yes
Audit committee
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
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Line 2: Description of Business or Family Relationship of Officers, Directors, Et

Kenneth Noack, Jr. and Sue Noack have a mother and son relationship.

Form 990, Part VI, Line 6: Explanation of Classes of Members or Shareholder

Public Support Members - have no voting rights.

Form 990, Part VI, Line 11B: Form 990 Review Process

The Executive Committee reviews a draft of the 990 before it is filed.

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

All Forms available on Request

Filing and Contact Details

Filer

Filer Name
California State Library Foundation
EIN
94-2787115
Phone
9164476331
Address
1225 8th Street, Sacramento, CA 95814

Signing Officer

Name
Gary F Kurutz
Title
Executive Direc
Signed
2015-11-13
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Gary F Kurutz
Formed
1982
Legal Domicile
CA
Voting Board Members
12
Independent Board Members
12
Employees
2
Volunteers
13

Preparer

Firm
John Waddell & Co CPAs
Address
3416 American River Drive A, Sacramento, CA 95864
Preparer
Debbie McCardle Ask CPA
Phone
9164882460
Supplemental Narrative

Additional Explanations

Form 990, Part III, Line 4D: Other Program Services Description

OTHER PROGRAM SERVICES 4: Published the Bulletin, which highlights the recent collections and programs of the California State Library OTHER PROGRAM SERVICES 5: Purchased collections for the Sutro Library and other state libraries. OTHER PROGRAM SERVICES 6: Preservation of historical photographs.

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IRS990/Form990PartVIISectionAGrp/PersonNm1George Basye
IRS990/Form990PartVIISectionAGrp/PersonNm2Donald J Hagerty
IRS990/Form990PartVIISectionAGrp/PersonNm3Thomas E Vinson
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IRS990/Form990PartVIISectionAGrp/PersonNm5Phyllis Smith
IRS990/Form990PartVIISectionAGrp/PersonNm6Phillip Isenberg
IRS990/Form990PartVIISectionAGrp/PersonNm7Sue T Noack
IRS990/Form990PartVIISectionAGrp/PersonNm8Marilyn Snider
IRS990/Form990PartVIISectionAGrp/PersonNm9Thomas W Stallard
IRS990/Form990PartVIISectionAGrp/PersonNm10Sandra Swafford
IRS990/Form990PartVIISectionAGrp/PersonNm11JoAnn Levy
IRS990/Form990PartVIISectionAGrp/PersonNm12Gary F Kurutz
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IRS990/Form990PartVIISectionAGrp/TitleTxt0President
IRS990/Form990PartVIISectionAGrp/TitleTxt1Vice President
IRS990/Form990PartVIISectionAGrp/TitleTxt2Secretary
IRS990/Form990PartVIISectionAGrp/TitleTxt3Treasurer
IRS990/Form990PartVIISectionAGrp/TitleTxt4Assist. Treas
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IRS990/Form990PartVIISectionAGrp/TitleTxt6Director
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IRS990/OtherExpensesGrp/ProgramServicesAmt127149
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IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0805888
IRS990ScheduleA/TotalSupportAmt01750498
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt00
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Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$9.68$0.07$9.62$1.21$0.58$0.63
2023Detailed filing. Detailed filing data is available for this year.$9.00$0.10$8.91$0.60$0.48$0.12
2022Detailed filing. Detailed filing data is available for this year.$8.08$0.10$7.98$0.71$0.55$0.16
2021Detailed filing. Detailed filing data is available for this year.$10.6$0.06$10.5$1.24$0.42$0.82
2020Detailed filing. Detailed filing data is available for this year.$9.73$0.05$9.68$0.41$0.39$0.02
2019Detailed filing. Detailed filing data is available for this year.$8.88$0.02$8.86$0.41$0.52$0.11
2018Detailed filing. Detailed filing data is available for this year.$7.87$0.05$7.82$0.82$0.63$0.19
2017Detailed filing. Detailed filing data is available for this year.$8.52$0.02$8.50$0.91$0.50$0.40
2016Detailed filing. Detailed filing data is available for this year.$7.55$0.04$7.51$1.12$0.55$0.58
2015Detailed filing. Detailed filing data is available for this year.$6.57$0.01$6.56$1.20$0.57$0.63
2014Detailed filing. Detailed filing data is available for this year.$6.17$0.02$6.15$0.46$0.85$0.39
2013Summary only. Only limited summary data is available for this year.$6.45$0.01$6.44$0.90$0.60$0.30
2012Summary only. Only limited summary data is available for this year.$5.60$0.01$5.59$0.28$0.36$0.08
2011Summary only. Only limited summary data is available for this year.$5.16$0.01$5.15$0.42$0.31$0.11
2010Summary only. Only limited summary data is available for this year.$5.12$0.01$5.11$0.23$0.39$0.16