Grand Rapids Area Library Foundation
- Assets
- $157.5k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Grand Rapids, MN
- Founding
- 10/2003
- Data as of
- 12/2021
- EIN
- 20-0176950
Organization Overview
Grand Rapids Area Library Foundation is located in Grand Rapids, MN. The organization was established in 2003. According to its NTEE Classification (B80) the organization is classified as: Student 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. Grand Rapids Area Library Foundation 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, Grand Rapids Area Library Foundation generated $27.5k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (0.2%) each year. All expenses for the organization totaled $4.4k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (8.7%) 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
FUNDS WERE PROVIDED TO THE LOCAL LIBRARY FOR BOOKS, PROGRAMS, AND RELATED ACTIVITIES, SUCH AS THE SATURDAY STORY TIMES, THE CHILDREN'S LITERACY STATION, THE RIVERFRONT ENERGY CENTER EDUCATION, THE SMART PLAY SPOT, AND THE SIGN LANGUAGE COLLECTION.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Lisa Tabbert President | 2 | $0 | |
Ryan Tierney Treasurer | 2 | $0 | |
Julie Linder Secretary | 1 | $0 | |
Margaret Barrick Director | 1 | $0 | |
Anne Radecki Vice President | 1 | $0 | |
Pat Davis Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $26,966 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $543 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $27,509 |
| 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 | $0 |
| Other expenses | $1,015 |
| Total expenses | $4,415 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $157,489 |
| Other assets | $0 |
| Total assets | $157,489 |
| Total liabilities | $0 |
| Net assets or fund balances | $157,489 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Grand Rapids Area Library Foundation has recieved totaling $26,936.
| Awarding Organization | Amount |
|---|---|
Grand Rapids Area Community Fndtn Grand Rapids, MN PURPOSE: Annual Distribution | $26,931 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $5 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
University Club Of Milwaukee Milwaukee, WI | $10,081,224 | $7,416,108 |
Public Health Law Center Inc St Paul, MN | $2,005,877 | $4,622,958 |
Chapel Hill Academy Inc Chanhassen, MN | $7,972,164 | $5,146,130 |
International Experience A Non- Profit Corporation Northfield, MN | $3,315,141 | $2,530,227 |
Maggie Applauds Great Goals In Education Inc Wayzata, MN | $26,327,381 | $2,188,614 |
Madison Community Cooperative Madison, WI | $4,314,477 | $1,420,997 |
Minnesota State College Student Association Inc W Saint Paul, MN | $1,729,546 | $828,239 |
Minnesota Intercollegiate Athletic Conference Bloomington, MN | $290,455 | $1,169,400 |
Bolder Options Minneapolis, MN | $1,671,157 | $1,108,504 |
Athletes Committed To Educating Students Minneapolis, MN | $1,071,272 | $1,427,462 |
Einstein Project Inc Green Bay, WI | $2,102,459 | $802,083 |
The Minnesota Daily Minneapolis, MN | $1,094,775 | $1,318,573 |