Friendship Free Library
- Assets
- $467.7k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Friendship, NY
- Founding
- 07/1943
- Data as of
- 12/2022
- EIN
- 16-0779298
Organization Overview
Friendship Free Library is located in Friendship, NY. The organization was established in 1943. 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. Friendship 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 12/2022, Friendship Free Library generated $87.7k in total revenue. The organization has seen a slow decline revenue. Over the past 6 years, revenues have fallen by an average of (2.1%) each year. All expenses for the organization totaled $74.1k during the year ending 12/2022. 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
2022
Describe the Organization's Program Activity:
Part 3
PROVIDE A COLLECTION OF SOURCES OF INFORMATION AND RESOURCES MADE ACCESSIBLE FOR THE GENERAL PUBLIC FOR REFERENCE AND BORROWING, IN PHYSICAL AND DIGITAL FORM.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Carey Brown President | 1 | $0 | |
Kay Middaugh Trustee | 1 | $0 | |
Susan Strickley Financial Officer | 1 | $0 | |
Deidre Wolf Secretary | 1 | $0 | |
Dell Baker Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $9,020 |
| Total Program Service Revenue | $77,341 |
| Membership dues | $0 |
| Investment income | $1,383 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $87,744 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $31,287 |
| Professional fees and other payments to independent contractors | $7,150 |
| Occupancy, rent, utilities, and maintenance | $10,361 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $25,346 |
| Total expenses | $74,144 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $392,805 |
| Other assets | $0 |
| Total assets | $467,705 |
| Total liabilities | $0 |
| Net assets or fund balances | $467,705 |