Friends Of The Medford Public Library Inc
- Assets
- $71.4k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Medford, MA
- Founding
- 08/1991
- Data as of
- 12/2022
- EIN
- 04-3107969
Organization Overview
Friends Of The Medford Public Library Inc is located in Medford, MA. The organization was established in 1991. 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. Friends Of The Medford Public Library Inc 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 12/2022, Friends Of The Medford Public Library Inc generated $48.5k in total revenue. The organization has seen a slow decline revenue. Over the past 4 years, revenues have fallen by an average of (0.7%) each year. All expenses for the organization totaled $50.0k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Leilani Germain President | 3 | $0 | |
Sarah Florenz Vice President | 3 | $0 | |
Dan Lasko Treasurer | 3 | $0 | |
Julia Hendrix Recording Secretary | 3 | $0 | |
Judy Marcella Publicity Secretary | 2 | $0 | |
Jan Nicholson Director | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $24,705 |
| Total Program Service Revenue | $0 |
| Membership dues | $8,689 |
| Investment income | $465 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $12,372 |
| Other Revenue | $0 |
| Total Revenue | $48,533 |
| 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 | $346 |
| Other expenses | $4,660 |
| Total expenses | $50,006 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $71,435 |
| Other assets | $0 |
| Total assets | $71,435 |
| Total liabilities | $0 |
| Net assets or fund balances | $71,435 |