Our Financials
Verde Valley Imagination Library Financial Information
The Verde Valley Imagination Library (VVIL) fiscal year runs from July 1 of one year to June 30 of the following year. Our operating budget for fiscal year 2024-2025 is expected to be approximately $70,000. Of this amount, approximately $55,000 will be allocated for the 21,000 monthly books mailed to children zero to five years of age in the Verde Valley. The books are provided to the children at no cost to their families. The remainder of the cost covers a part-time Program Director, social media marketing, and money to host community events to promote the program.
VVIL raises money to cover operational costs and to maintain one year of reserve funds. Any additional funds raised are put into an endowment fund maintained at the Arizona Community Foundation in hopes that sometime in the future the operation will be able to be self-funded.
To raise funds we have a major fundraiser in even numbered years. We seek grants and sponsorships from both organizations and individuals. In addition, we seek regular on-going donations. For more information on donating to VVIL click here.
In order to maintain transparency for our grantors and donors, each year we make available our most recent fiscal year financial statements and our Federal Form 990. Click on the links below to see this information.