The Friends Of The J V Fletcher Library Inc
- Assets
- $483.3k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Westford, MA
- Founding
- 03/1988
- Data as of
- 12/2021
- EIN
- 22-2675998
Organization Overview
The Friends Of The J V Fletcher Library Inc is located in Westford, MA. The organization was established in 1988. According to its NTEE Classification (B11) the organization is classified as: Single Organization Support, 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 J V Fletcher Library Inc 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 J V Fletcher Library Inc generated $90.9k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (0.6%) each year. All expenses for the organization totaled $70.7k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (2.2%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
THE FRIENDS OF THE J.V. FLETCHER LIBRARY HELPS THE LIBRARY SERVE THE COMMUNITY. THE FRIENDS SUPPORT THE LIBRARY THROUGH ADVOCACY, VOLUNTEER SERVICE AND FUNDRAISING IN ORDER TO ENHANCE RESOURCES, FACILITIES AND SERVICE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Sally Rosenthal President | 1 | $0 | |
Heather Fitzpatrick Treasurer | 1 | $0 | |
John Newman Director | 1 | $0 | |
Rose O'donnell Assist Treas | 1 | $0 | |
Keirsten Seiger Director | 1 | $0 | |
Mary Anne Seraphin Vice President | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $52,847 |
| Total Program Service Revenue | $8,968 |
| Membership dues | $27,225 |
| Investment income | $1,817 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $90,857 |
| 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 | $1,686 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $9,532 |
| Other expenses | $59,525 |
| Total expenses | $70,743 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $482,056 |
| Other assets | $0 |
| Total assets | $483,300 |
| Total liabilities | $76 |
| Net assets or fund balances | $483,224 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that The Friends Of The J V Fletcher Library Inc has recieved totaling $548.
| Awarding Organization | Amount |
|---|---|
Verizon Foundation Basking Ridge, NJ PURPOSE: MIP PAYOUT FOR 12/09/20 | $380 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $168 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
University At Albany Foundation Albany, NY | $129,210,800 | $17,198,773 |
Trustees Of The Public Library Of The City Of Boston Boston, MA | $99,754,907 | $16,249,859 |
Lord Foundation Of Massachusetts Inc Cambridge, MA | $0 | $665,000 |
Queens College Foundation Inc Flushing, NY | $103,882,868 | $13,972,395 |
Threefold Educational Foundation & School Chestnut Ridge, NY | $15,163,557 | $9,817,859 |
Global Community Charter School New York, NY | $4,753,919 | $12,397,044 |
Mit International Inc Cambridge, MA | $42,886,000 | $6,428,000 |
Rit Global Delivery Corporation Rochester, NY | $10,659,016 | $9,744,189 |
Concord Consortium Inc Concord, MA | $4,473,971 | $11,489,391 |
Charles E Cotting Charitable Corp Boston, MA | $113,711,021 | $14,477,400 |
The Graduate Center Foundation Inc New York, NY | $72,994,369 | $16,026,752 |
Friends Of Mcgill University Inc New Rochelle, NY | $10,774,766 | $8,029,117 |