Dorcas Library Assoc
- Assets
- $485.4k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 1
- Location
- Prospect Harbor, ME
- Founding
- 11/1991
- Data as of
- 12/2023
- EIN
- 01-0458421
Organization Overview
Dorcas Library Assoc is located in Prospect Harbor, ME. The organization was established in 1991. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Dorcas Library Assoc 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 12/2023, Dorcas Library Assoc generated $92.1k in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 19.8% each year . All expenses for the organization totaled $62.1k during the year ending 12/2023. While expenses have increased by 6.1% per year over the past 5 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
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
DORCAS LIBRARY BRINGS PEOPLE, INFORMATION, AND IDEAS TOGETHER TO ENRICH LIVES, BUILD COMMUNITY, AND INSPIRE THE JOY OF LIFELONG LEARNING.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Merry Post Secretary | 1 | $0 | |
Sherri Tracey Treasurer | 1 | $0 | |
Diane Higgins President | 1 | $0 | |
Margaret Jones Co President | 1 | $0 | |
John Finn Trustee | 1 | $0 | |
Jill Jeude Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $60,050 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $10,501 |
| Gain or Loss | $12,018 |
| Net Income from Gaming & Fundraising | $5,027 |
| Other Revenue | $0 |
| Total Revenue | $92,123 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $23,769 |
| Professional fees and other payments to independent contractors | $2,706 |
| Occupancy, rent, utilities, and maintenance | $17,807 |
| Printing, publications, postage, and shipping | $509 |
| Other expenses | $17,298 |
| Total expenses | $62,089 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $226,588 |
| Other assets | $0 |
| Total assets | $485,441 |
| Total liabilities | $934 |
| Net assets or fund balances | $484,507 |