Colorado Alliance Of Research Libraries
- Assets
- $6.4m
- Revenue
- $1.1m
- Investments
- $3.6m
- Employees
- 5
- Location
- Denver, CO
- Founding
- 05/1985
- Data as of
- 06/2022
- EIN
- 84-0819602
Organization Overview
Colorado Alliance Of Research Libraries is located in Denver, CO. The organization was established in 1985. As of 06/2022, Colorado Alliance Of Research Libraries employed 5 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Colorado Alliance Of Research Libraries 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 06/2022, Colorado Alliance Of Research Libraries generated $1.1m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 3.0% each year. All expenses for the organization totaled $987.0k during the year ending 06/2022. While expenses have increased by 0.2% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
THE ALLIANCE SEEKS TO OBTAIN, OPERATE AND IF NECESSARY, DEVELOP THE BEST PRODUCTS AND SERVICES FOR ITS MEMBER LIBRARIES AT THE BEST TERMS, CONDITIONS AND PRICES. GROUP PURCHASING REMAINS A PRINCIPAL ALLIANCE FUNCTION.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ALLIANCE, THROUGH SERVICES TO ITS MEMBERS, SERVES ALMOST 2,000,000 PATRONS, SUCH AS THROUGH THE OPERATION OF LOCAL LIBRARY CATALOGS, CREATION OF A CENTRAL UNION CATALOG, AND OTHER SHARED PROJECTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
George Machovec Executive Dir. | Officer | 40 | $165,531 |
Salvador Aceves Treasurer/secre | Officer | 2 | $0 |
Dustin Fife Vice-Chair | Officer | 2 | $0 |
Richard C Holz Director | 2 | $0 | |
Leslie Brunelli Director | 2 | $0 | |
Diane Klare Director | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $12,000 |
| Noncash contributions included in lines 1a–1f | $12,000 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $12,000 |
| Total Program Service Revenue | $955,037 |
| Investment income | $105,751 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $71,952 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,144,740 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $167,380 |
| Compensation of current officers, directors, key employees. | $100,428 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $347,393 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $106,270 |
| Payroll taxes | $40,503 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $11,500 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $29,178 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $86,145 |
| Travel | $11,203 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $52,668 |
| Insurance | $2,241 |
| All other expenses | $29,685 |
| Total functional expenses | $986,963 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2,165,954 |
| Savings and temporary cash investments | $446,701 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $92,535 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $3,688 |
| Net Land, buildings, and equipment | $70,054 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $3,630,511 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $1,933 |
| Total assets | $6,411,376 |
| Accounts payable and accrued expenses | $994,377 |
| Grants payable | $0 |
| Deferred revenue | $2,635 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $1,968,698 |
| Total liabilities | $2,965,710 |
| Net assets without donor restrictions | $3,445,666 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $6,411,376 |