Valley Falls Free Library is located in Valley Falls, NY. The organization was established in 1998. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Valley Falls 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 12/2023, Valley Falls Free Library generated $77.8k in total revenue. The organization has seen a slow decline revenue. Over the past 3 years, revenues have fallen by an average of (1.8%) each year. All expenses for the organization totaled $77.7k during the year ending 12/2023. 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
PUBLIC LIBRARY COMMUNITY SERVICE
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Kelly Akin Director | 8 | $11,572 | |
Jeanette Sassatelli President | 5 | $0 | |
Nancy Serson Treasurer/trustee | 5 | $0 | |
Gail Madigan Secretary | 1 | $0 | |
Lynn Keyes Trustee | 1 | $0 | |
Ralph Marino Trustee | 1 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $16,479 |
Total Program Service Revenue | $57,112 |
Membership dues | $0 |
Investment income | $967 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $3,222 |
Other Revenue | $0 |
Total Revenue | $77,780 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $0 |
Salaries, other compensation, and employee benefits | $44,980 |
Professional fees and other payments to independent contractors | $0 |
Occupancy, rent, utilities, and maintenance | $12,606 |
Printing, publications, postage, and shipping | $6,864 |
Other expenses | $13,210 |
Total expenses | $77,660 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $124,140 |
Other assets | $0 |
Total assets | $188,140 |
Total liabilities | $0 |
Net assets or fund balances | $188,140 |