The Friends Of The Holderness Free Library
- Assets
- $456.9k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Holderness, NH
- Founding
- 06/1990
- Data as of
- 12/2021
- EIN
- 11-0043071
Organization Overview
The Friends Of The Holderness Free Library is located in Holderness, NH. The organization was established in 1990. According to its NTEE Classification (B90) the organization is classified as: Educational Services, 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 Holderness Free Library 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 12/2021, Friends Of The Holderness Free Library generated $57.2k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (14.0%) each year. All expenses for the organization totaled $15.0k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (17.7%) per year over the past 7 years. 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
2021
Describe the Organization's Program Activity:
Part 3
TO SUPPORT THE LIBRARY BY FUNDRAISING TO SUPPLEMENT PROGRAMMING, CIRCULATION MATERIALS AND THE MISCELLANEOUS NEEDS OF THE LIBRARY BEYOND IT'S OPERATING BUDGET
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Andy Eaton Member | 0.5 | $0 | |
Phyllis Grandbois Secretary | 1.25 | $0 | |
Betty Ferguson Member | 1 | $0 | |
Carol Snelling Member | 0.5 | $0 | |
Jannine P Sutcliffe Treasurer | 1.25 | $0 | |
Katherine L Weymouth President | 1.25 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $45,490 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $7,711 |
| Gain or Loss | $4,003 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $57,204 |
| 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 | $480 |
| Occupancy, rent, utilities, and maintenance | $1,499 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $12,066 |
| Total expenses | $15,045 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $389,369 |
| Other assets | $0 |
| Total assets | $456,916 |
| Total liabilities | $0 |
| Net assets or fund balances | $456,916 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that The Friends Of The Holderness Free Library has recieved totaling $7,750.
| Awarding Organization | Amount |
|---|---|
Hillman Family Foundations Pittsburgh, PA PURPOSE: ANNUAL FUND | $7,500 |
Tosa Foundation Portola Valley, CA PURPOSE: EDUCATION | $250 |
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