Friends Of The Wellfleet Libraries
- Assets
- $123.8k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Wellfleet, MA
- Founding
- 04/1977
- Data as of
- 06/2024
- EIN
- 04-2606306
Organization Overview
Friends Of The Wellfleet Libraries is located in Wellfleet, MA. The organization was established in 1977. According to its NTEE Classification (B11) the organization is classified as: Single Organization Support, 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. Friends Of The Wellfleet Libraries 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, Friends Of The Wellfleet Libraries generated $53.9k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 3 years, the organization has seen revenues fall by an average of (5.2%) each year. All expenses for the organization totaled $46.6k during the year ending 06/2024. 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
TO EXPAND AND ENRICH THE WELLFLEET LIBRARY ACTIVITIES, TO PURCHASE BOOKS,PERIODICALS, AV MATERIALS, AND FURNISHINGS, TO CONTRIBUTE TO THE COST OFPROGRAMS FOR CHILDREN AND ADULTS, BENEFITING ALL USERS OF THE LIBRARY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Susan Bruce President | 6 | $0 | |
Tom Cole Vice President | 6 | $0 | |
Marusya Chavchavadze Secretary | 6 | $0 | |
Esther Elkin Treasurer | 6 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $28,984 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $1,213 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $23,688 |
| Other Revenue | $0 |
| Total Revenue | $53,885 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $3,438 |
| Other expenses | $43,175 |
| Total expenses | $46,613 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $123,789 |
| Other assets | $0 |
| Total assets | $123,789 |
| Total liabilities | $0 |
| Net assets or fund balances | $123,789 |