2024-04-02T12:25:22-05:00 2023-06-30 941481988 BOWMAN & COMPANY LLP 10100 TRINITY PARKWAYSTE 310 STOCKTON CA 95219 990 2022-07-01 260403799 LAFAYETTE LIBRARY AND LEARNING CENTER FOUNDATION LAFA 9252836513 3491 MT DIABLO BLVD 214 LAFAYETTE CA 94549 RITA IORFIDA TREASURER 9252836513 2024-03-20 1 RITA IORFIDA 999009999 0 TARA EASTWOOD P00539129 2094731040 2024-03-20 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z RITA IORFIDA 3491 MT DIABLO BLVD 214 LAFAYETTE CA 94549 13844072 0 X WWW.LLLCF.ORG X 2007 CA ESTABLISH & SUPPORT THE OPERATIONS & PROGRAMS OF THE LAFAYETTE LIBRARY & LEARNING CENTER. 10 10 6 106 0 0 379642 551105 99064 152455 2064681 2333393 22485 -25903 2565872 3011050 0 0 0 0 335598 358350 0 0 130155 922525 1473300 1258123 1831650 1307749 1179400 24906214 27136209 811368 1368758 24094846 25767451 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 183236 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).THE FOUNDATION ENHANCES LLLC 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. THE FOUNDATION IS RESPONSIBLE FOR FUNDING OVER 50% OF THE ANNUALIZED OPERATING COSTS FOR THE LIBRARY. THIS INCLUDES EXPANDING LIBRARY HOURS, FUNDING PROGRAMS, PROVIDING ADDITIONAL COLLECTION MATERIALS, AND PAYING FOR MAINTENANCE AND OPERATIONS. 1309101 152455 THE FOUNDATION WILL ADVANCE AND SUSTAIN LLLC AS A PREMIER INSTITUTION THROUGH EXCEPTIONAL PROGRAMMING WHICH INCLUDES: GLENN SEABORG LEARNING CONSORTIUM; DISTINGUISHED SPEAKERS SERIES; SCIENCE CAFE; AUTHORS AND ATHLETES; CHILDREN'S BOOK FESTIVAL; DOGTOWN; MAKERFEST; AND A HOST OF OTHER ART, MUSIC, LITERARY, SCIENCE, AND FAMILY PROGRAMS. 1492337 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 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 9 0 1 6 1 0 0 0 0 0 0 0 0 0 0 0 0 X 10 10 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 1 1 1 1 0 CA X X THE ORGANIZATION 9252836513 3491 MT DIABLO BLVD 214 LAFAYETTE CA 94549 KAREN EVANS PRESIDENT 10.00 X X 0 0 0 LANEY WHITCANACK VICE PRESIDENT 10.00 X X 0 0 0 JUDY KIRKPATRICK SECRETARY 2.00 X X 0 0 0 RITA IORFIDA TREASURER 10.00 X X 0 0 0 LISA SPIEGLER IMMEDIATE PAST PRESIDENT 10.00 X 0 0 0 ADAM LYON TRUSTEE 2.00 X 0 0 0 DANIELLE GALLAGHER TRUSTEE 2.00 X 0 0 0 JENNIFER GEORGE BIRDSEY TRUSTEE 2.00 X 0 0 0 RUPY AHLUWALIA KRISHNAN TRUSTEE 2.00 X 0 0 0 STEVEN BLISS TRUSTEE 2.00 X 0 0 0 VICTORIA DEMOSS TRUSTEE (THRU 11/22) 2.00 X 0 0 0 JULIO DOLORICO TRUSTEE (THRU 11/22) 2.00 X 0 0 0 CARRIE BARLOW TRUSTEE (THRU 11/22) 2.00 X 0 0 0 KAREN MULVANEY TRUSTEE (THRU 11/22) 2.00 X 0 0 0 BETH NEEDEL EXECUTIVE DIRECTOR 40.00 X 157042 0 0 157042 0 0 1 0 1 0 0 158390 392715 14656 551105 PROGRAM REVENUES - SPEAKER SERIES 611600 136405 136405 LIBRARY FACILITY RENT 611600 16050 16050 152455 728866 728866 12391689 10787162 1604527 1604527 1604527 19957 158390 45860 -25903 -25903 3011050 152455 0 2307490 163000 73350 32600 57050 166986 81082 31237 54667 3877 1815 750 1312 24487 11460 4737 8290 20402 20402 89018 89018 5775 5775 25935 25620 315 575 575 2759 2759 SUPPORT FOR LIBRARY OPS 663154 663154 0 OUTREACH EVENTS 480986 478240 2746 SUPPORT FOR LIBRARY HOU 183236 183236 1460 1460 1831650 1492337 209158 130155 4841 3097 458528 524751 97000 86800 14548 10738 2536 2894 32738 32738 575 0 24328186 26507929 24906214 27136209 768144 1330649 43224 38109 811368 1368758 X 24094846 25767451 24094846 25767451 24906214 27136209 1179400 456208 36997 0 X X 0 1 X 1 0 X 944627 632610 441448 379642 551105 2949432 944627 632610 441448 379642 551105 2949432 2949432 674587 603880 520250 633782 728866 3161365 24900 22485 47385 6158182 263780 0.47890 0.49730 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: OTHER INCOME - 2018 AMOUNT: $ 24,900. EMPLOYEE RETENTION CREDIT - 2021 AMOUNT: $ 22,485. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 32738 32738 0 0 INVESTMENT POOL 26507929 F 26507929 ACCRUED SALARIES AND PAYROLL TAXES 38109 38109 X 3424100 456208 45860 502068 2922032 89018 89018 3011050 1788492 45860 45860 1742632 89018 89018 1831650 PART X, LINE 2: LLLCF HAS BEEN GRANTED TAX-EXEMPT STATUS BY THE INTERNAL REVENUE SERVICE UNDER IRC SECTION 501(C)(3) AND THE CALIFORNIA FRANCHISE TAX BOARD UNDER SECTION 23701(D). LLLCF HAS EVALUATED ITS CURRENT TAX POSITIONS AND CONCLUDED THAT AS OF JUNE 30, 2023, LLLCF DOES NOT HAVE ANY UNCERTAIN TAX POSITIONS FOR WHICH AN ALLOWANCE WOULD BE NECESSARY. 178347 158390 19957 1208 12404 12752 19496 178347 158390 19957 1208 12404 12752 19496 45860 -25903 X X 0 0 0 0 0 0 0 0 0 BETH NEEDEL EXECUTIVE DIRECTOR 157042 0 0 0 0 0 0 0 0 0 157042 0 0 0 FORM 990, PART VI, SECTION B, LINE 11B UPON COMPLETION OF THE FORM 990, THE EXECUTIVE DIRECTOR (ED) RECEIVES A DRAFT OF THE FORM 990. AFTER THE ED HAS HAD AN OPPORTUNITY TO REVIEW THE ENTIRE RETURN AND RESOLVE ANY ISSUES, THE RETURN IS APPROVED BY THE COMMITTEE AND A COPY 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. ALL DELIBERATIONS AND DECISIONS BY THE BOARD REGARDING THE DETERMINATION OF COMPENSATION FOR OFFICERS AND OTHER KEY EMPLOYEES ARE CONTEMPORANEOUSLY DOCUMENTED IN THE BOARD MINUTES AND IN THE ORIGINAL PLANNING DOCUMENTS FOR THE FOUNDATION. 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 PHYSICAL INSPECTION AT THE ORGANIZATION'S OFFICE IN LAFAYETTE, CALIFORNIA, AND ARE ALSO POSTED ON THE ORGANIZATIONS WEBSITE (WWW.LLLCF.ORG). FORM 990, PART XII, LINE 2C: THE ORGANIZATION HAS NOT CHANGED EITHER ITS OVERSIGHT PROCESS OR SELECTION PROCESS DURING THE TAX YEAR.