Free Public Library Association Of Vassalboro
- Assets
- $471.3k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- East Vassalboro, ME
- Founding
- 12/1993
- Data as of
- 06/2024
- EIN
- 01-0476852
Organization Overview
Free Public Library Association Of Vassalboro is located in East Vassalboro, ME. The organization was established in 1993. According to its NTEE Classification (B70) the organization is classified as: Libraries, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Free Public Library Association Of Vassalboro 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 06/2024, Free Public Library Association Of Vassalboro generated $143.2k in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 22.5% each year . All expenses for the organization totaled $118.4k during the year ending 06/2024. While expenses have increased by 16.1% per year over the past 4 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
2024
Describe the Organization's Program Activity:
Part 3
LOCAL PUBLIC LIBRARY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Elizabeth Mcmahon President | 2 | $0 | |
Vickie Limberger Vice Preside | 2 | $0 | |
Valerie Sugden Secretary | 2 | $0 | |
Sylvia Michaud Treasurer | 2 | $0 | |
Arthur M Kingdon Board Member | 2 | $0 | |
Therese Young Board Member | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $111,013 |
| Total Program Service Revenue | $4,272 |
| Membership dues | $0 |
| Investment income | $19,693 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $8,213 |
| Other Revenue | $0 |
| Total Revenue | $143,191 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $64,354 |
| Professional fees and other payments to independent contractors | $1,000 |
| Occupancy, rent, utilities, and maintenance | $7,317 |
| Printing, publications, postage, and shipping | $406 |
| Other expenses | $45,289 |
| Total expenses | $118,366 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $419,816 |
| Other assets | $0 |
| Total assets | $471,254 |
| Total liabilities | $0 |
| Net assets or fund balances | $471,254 |