Riverton Free Library Association
- Assets
- $476.9k
- Revenue
- $63.3k
- Investments
- $382.5k
- Employees
- 0
- Location
- Riverton, NJ
- Founding
- 10/1961
- Data as of
- 12/2021
- EIN
- 21-0643363
Organization Overview
Riverton Free Library Association is located in Riverton, NJ. The organization was established in 1961. 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. Riverton Free Library Association 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, Riverton Free Library Association generated $63.3k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 0.3% each year. All expenses for the organization totaled $51.4k during the year ending 12/2021. While expenses have increased by 0.5% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO PURCHASE BOOKS FOR THE LIBRARY AND TO EDUCATE AND ENCOURAGE THE PUBLIC TO READ.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Catherine Martin Vice-Preside | 1 | $0 | |
Howard Mead Treasurer | 1 | $0 | |
Kimberly Paulsen President | 1 | $0 | |
Kathryn Simon Secretary | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $24,456 |
| Interest on Savings | $0 |
| Dividends & Interest | $6,679 |
| Net Rental Income | $12,000 |
| Net Gain on Sale of Assets | $12,593 |
| Capital Gain Net Income | $12,593 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $7,571 |
| Total Revenue | $63,299 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $31 |
| Depreciation | $7,273 |
| Occupancy | $11,009 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $2,698 |
| Other expenses | $28,256 |
| Total operating and administrative expenses | $51,391 |
| Contributions, gifts, grants paid | $0 |
| Total expenses and disbursements | $51,391 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $46,878 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $295,498 |
| Net Land, buildings, and equipment | $47,493 |
| Other assets | $0 |
| Total assets | $476,867 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Riverton Free Library Association has recieved totaling $25.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $25 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Nassau Library System Uniondale, NY | $13,078,101 | $10,576,238 |
Bucks County Free Library Doylestown, PA | $22,091,549 | $9,285,989 |
Science History Institute Support Company Philadelphia, PA | $170,290,036 | $11,212,295 |
Dauphin County Library System Harrisburg, PA | $25,002,394 | $9,527,130 |
York County Library System York, PA | $12,667,989 | $7,212,125 |
Westchester Library System Elmsford, NY | $6,787,041 | $7,508,558 |
Pennsylvania Academic Library Consortium Inc Drexel Hill, PA | $3,964,819 | $6,669,541 |
Emma S Clark Memorial Library Association Setauket, NY | $12,307,300 | $6,439,716 |
New City Library New City, NY | $17,574,056 | $6,151,626 |
Ramapo Catskill Library System Middletown, NY | $7,241,710 | $5,453,407 |
Montgomery County Norristown Public Library Norristown, PA | $4,763,623 | $5,116,370 |
Theodore F Jenkins Memorial Law Library Company Philadelphia, PA | $9,335,246 | $5,145,858 |