2018-04-27T16:20:37-05:00 2017-06-30 946214841 Armanino LLP 12657 Alcosta Blvd Ste 500 San Ramon CA 945834600 990 2016-07-01 260403799 Lafayette Library And Learning Center Foundation LAFA 9252836513 3491 Mt Diablo Blvd No 214 Lafayette CA 94549 Victoria Demoss Treasurer 9252836513 2018-04-26 1 Katy Brown P00650274 9257902600 2018-04-26 24.4.150.14 2018-04-26 22:45:14 PD P DA39A3EE5E6B4B0D3255BFEF95601890AFD80709 32CDE991C152F389A30DE5702E9B7F379660D813 2016 2021-01-29 14:40:06Z Victoria Demoss 3491 Mt Diablo Blvd No 214 Lafayette CA 94549 6470355 0 X www.lllcf.org X 2007 CA Establish & support the operations & programs of the Lafayette Library & Learning Center. 16 16 6 60 0 0 380768 430818 176451 213413 395357 515284 -39701 -61792 912875 1097723 0 0 0 0 263817 290259 0 0 92754 725327 901304 989144 1191563 -76269 -93840 21020525 22119687 601344 693280 20419181 21426407 In collaboration with community partners, our mission is to sustain the Lafayette Library and Learning Center, home of the Glenn Seaborg Learning Consortium, as a community place and regional resource that offers enriched experiences for all ages. 0 0 672816 The Lafayette Library and Learning Center Foundation (LLLCF or the Foundation) was created in 2007 to establish and support the construction, operations, programs, funding and other business of the Lafayette Library and Learning Center (LLLC).LLLCF enhances library and learning center excellence by providing financial support, offering enriching programming, deepening public commitment to LLLC and increasing LLLC's visibility in and positive impact on the community. LLLCF is responsible for funding over 50% of the annualized operating costs for the Library: to expand library hours; fund programs; provide additional collection materials, and to pay for maintenance and operations. 211287 213413 LLLCF will advance and sustain the Lafayette Library and Learning Center as a premier institution through exceptional programming including: Glenn Seaborg Learning Consortium Distinguished Speakers Series Science Caf Authors and Athletes Children's Book Festival DogTown MakerFest And a host of other art, music, literary, science and family programming. 884103 1 1 0 0 0 0 0 0 0 0 1 1 0 0 1 1 1 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 11 0 1 6 1 0 0 0 0 0 1 1 0 0 0 0 X 16 16 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 1 1 1 1 0 CA X X Victoria Demoss 9252836513 3491 Mt Diablo Blvd No 214 Lafayette CA 94549 Seth Hamalian Past President 10.00 X X 0 0 0 Kristin Braun Connelly President 10.00 X X 0 0 0 Carrie Barlow Vice Pres. Development 10.00 X X 0 0 0 Larry Duson Vice President 10.00 X X 0 0 0 Victoria DeMoss Treasurer 2.00 X X 0 0 0 Denise K Zetterbaum Secretary 2.00 X X 0 0 0 Melanie Brinkman Trustee 2.00 X 0 0 0 Chris Voll Chermin Trustee 2.00 X 0 0 0 Bart baer Trustee 2.00 X 0 0 0 Julio Dolorico Trustee 2.00 X 0 0 0 Caity meaney Burrows Trustee 2.00 X 0 0 0 Dena Graff Trustee 2.00 X 0 0 0 Karen Mulvaney Trustee 2.00 X 0 0 0 David Van Etten Trustee 2.00 X 0 0 0 Rick Wise Trustee 2.00 X 0 0 0 Lisa Libby Albert Trustee 2.00 X 0 0 0 Beth Needel Exec. Director 40.00 X 118676 0 0 118676 0 0 1 0 0 0 0 149085 281733 40278 430818 Library Facility Rent 611600 174385 174385 Program Revenues 611600 39028 39028 213413 388835 388835 5427009 5300560 126449 126449 126449 0 149085 71587 -71587 -71587 10280 485 9795 9795 1097723 213413 0 453492 118676 53404 29669 35603 140827 63372 35207 42248 9028 4063 2257 2708 21728 9778 5432 6518 35796 35796 69947 69947 2454 2454 4406 4406 9724 257 9467 1958 1958 5683 5683 1098 1098 7568 7568 3493 3493 Support for Hrs & opera 672816 672816 Outreach events 81684 80413 1271 Bank & Processing Fees 4602 4602 Other Expenses 75 75 1191563 884103 214706 92754 252505 274952 5610512 269208 1335 1868 6360 4138 2000 5699 75267 54466 28370 20801 15119443 21543021 21020525 22119687 575851 661462 25493 31818 601344 693280 X 20419181 21426407 20419181 21426407 21020525 22119687 -93840 1101066 0 X X 0 1 X 1 0 X 196378 634492 210575 380768 430818 1853031 196378 634492 210575 380768 430818 1853031 379908 1473123 1012263 1044542 1028751 414801 388835 3889192 11163 167151 61701 12070 10280 262365 6004588 992863 0.24530 0.20920 X As a nonprofit organization, Lafayette Library and Learning Center Foundation must be able to demonstrate that it "normally" receives at least 33 1/3% of its support from the general public. In calculating this support test, the Form 990 Schedule A reflects a support percentage of almost 25% for the fiscal year ended June 30, 2017. Lafayette Library and Learning Center Foundation believes that other factors provide sufficient evidence that the organization is a valid publicly supported nonprofit charity. The other test is a facts and circumstances test. Under this test, the organization is treated as publicly supported if it normally receives a substantial part of its support from governmental units, from direct or indirect contributions from the general public, and if it is organized and operated to attract new and additional public or governmental support on a continuous basis [Reg Section 1.170A-9(e)(3)]. The organization will be treated as normally receiving substantial public support if at least 10 percent of the total support normally received by the organization is governmental or public support [Reg Section 1.170A-9(e)(3)(i)]. An organization meets the requirement of attracting new and additional public or governmental support if it maintains a continuous and bona fide program for soliciting funds from the general public or it carries on activities designed to attract support from governmental units, churches, educational organizations, or other publicly supported charitable or cultural organizations [Reg Section 1.170A-9(e)(3)(ii)]. Public support percentage heading upward with an increase this up 3.61 percent over prior year. The reason for the decrease in the public support percentage for the prior years, fiscal years ended June 30, 2016 and 2015, is due to the recognition of interest income related to loans due from a governmental agency (initially the Lafayette Redevelopment Agency and then, subsequently, the California Department of Finance acting on behalf of the Lafayette Successor Agency). The interest income related to these loans amounted to $338,745 and $1,000,812 for the years ended June 30, 2016 and 2015, respectively. If these amounts were excluded from the calculation above, then the Lafayette Library and Learning Center Foundation would reflect public support percentages of 64% and 54% for the years ended June 30, 2016 and June 30, 2015, respectively. The primary purpose of the Lafayette Library and Learning Center Foundation is to support the Lafayette Library and provide supplemental funding for various library programs. The Lafayette Library & Learning Center is also home to the Glenn Seaborg Learning Consortium, a "first-ever" collaboration among some of the Bay Area's most prestigious educational and cultural organizations. Through the Consortium, a wealth of collaborative learning workshops, exhibits, lectures, films and discovery centers are offered to the community. Lafayette Library and Learning Center Foundation has a diverse Board of Directors, with representatives from a variety of backgrounds providing guidance, support and foresight. The Foundation's support of the Library enables a vast segment of the community access to resources not available anywhere else. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 75267 54466 20801 20801 Investment Pool 21543021 F 21543021 Accrued Payroll Liabilities 31818 31818 X 2270861 1101066 72072 1173138 1097723 0 1097723 1263635 72072 72072 1191563 0 1191563 Part X, Line 2: LLLCF is exempt from federal income tax under Section 501(c)(3) of the U.S. Internal Revenue Code (the "Code"), and contributions to it are tax deductible as prescribed by the Code. LLLCF is also exempt from California income tax under Section 23701d of Revenue and Taxation Code. LLLCF has evaluated its current tax positions and concluded that as of June 30, 2017, LLLCF does not have any uncertain tax positions for which a reserve would be necessary. Part XI, Line 2d - Other Adjustments: Fundraising Expenses 72,072. Part XII, Line 2d - Other Adjustments: Fundraising Expenses 72,072. Night at the Library 149085 149085 48562 760 22265 149085 149085 48562 760 22265 71587 -71587 X 17 40278 FMV 0 0 1 0 Part I, Column (b): The number represent the number of contributions not the number of items contributed. Form 990, Part VI, Section B, line 11b Upon completion of the Form 990, the executive director meets with the external tax preparer. After the executive director has had an opportunity to review the entire return and resolve any issues, the return is approved by the Committee and the public disclosure version of the Form 990 is distributed to all members of the voting body prior to filing. Form 990, Part VI, Section B, line 12c Members of the board of directors review all potential conflicts of interest at least annually. All personnel and board members are required to disclose (in writing) potential conflicts and any related party affiliations. Loans between the organization and members of management and the board are strictly prohibited. The organization seeks full transparency on all relationships. Any potential conflicts (in fact or appearance) are discussed openly and resolved in accordance with the organization's policies and procedures. Form 990, Part VI, Section B, line 15 Members of the board of directors review the compensation of all high-level personnel periodically. In accordance with IRS rules and regulations, efforts are made to secure compensation data from industry sources in order to determine competitiveness and appropriateness of salaries. Every effort is made to ensure that the process is thorough and transparent in accordance with IRS guidelines and the organization's policies and procedures. Compensation of other high-level personnel and key employees is reviewed periodically by members of management. Efforts are made to secure compensation data from industry sources in order to determine competitiveness and appropriateness of salaries and all related benefits. All decisions are then documented in personnel files. Form 990, Part VI, Section C, line 19 All of the organization's governing documents, financial statements, and other legal filings are maintained in a secure environment and available for inspection by tax authorities and the general public. Tax returns are posted annually to www.guidestar.org, available for a physical inspection at the organization's office in Lafayette, California, and are also posted on the organization's website (www.LLLCF.org). Form 990, Part XII, Line 2c: The process has not changed from the prior year.