Pikes Peak Library District Foundation Inc

Organization Overview

Pikes Peak Library District Foundation Inc is located in Colorado Spgs, CO. The organization was established in 2003. According to its NTEE Classification (B80) the organization is classified as: Student Services, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Pikes Peak Library District Foundation Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 12/2021, Pikes Peak Library District Foundation Inc generated $1.5m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 2.6% each year. All expenses for the organization totaled $776.2k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

TO RAISE FUNDS TO SUPPORT THE EDUCATIONAL LITERACY AND OTHER LIBRARY SERVICES PROVIDED BY THE PIKES PEAK LIBRARY DISTRICT.

Describe the Organization's Program Activity:

Part 3 - Line 4a

TO ASSIST THE DISTRICT WITH PROGRAMMING OPERATIONAL AND CAPITAL NEEDS IN ORDER TO PROVIDE LITERACY AND OTHER LIBRARY-RELATED SERVICES TO THE CITIZENS OF THE PIKES PEAK LIBRARY DISTRICT.


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Board, Officers & Key Employees

Name (title)Compensation
Jennifer Bain
President
$0
Laura Ettinger- Harwell
Vice President
$0
Pamela Street
Secretary
$0
Patty Froehle
Treasurer
$0
Wayne Vanderschuere
Board Of Directors
$0
Ken Beach
Board Of Directors
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $379,691
All other contributions, gifts, grants, and similar amounts not included above$877,329
Noncash contributions included in lines 1a–1f $9,500
Total Revenue from Contributions, Gifts, Grants & Similar$1,257,020
Total Program Service Revenue$0
Investment income $257,703
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $1,514,723

Grants Recieved

Over the last fiscal year, we have identified 5 grants that Pikes Peak Library District Foundation Inc has recieved totaling $64,788.

Awarding OrganizationAmount
Colorado Springs Independence Center

Colorado Springs, CO

PURPOSE: For ADA accessibility items

$25,990
Childrens Hospital Colorado

Aurora, CO

PURPOSE: General Program Support

$12,000
$10,000
Pikes Peak Community Foundation

Colorado Springs, CO

PURPOSE: HISTORICAL - EDUCATION

$10,000
Community First Foundation

Arvada, CO

PURPOSE: GENERAL PURPOSE

$6,798
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$1,118,285
Earnings$184,116
Admin Expense$3,435
Net Contributions$7,577
Other Expense$12,663
Ending Balance$1,293,880

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