Somerset County Library Foundation Inc
- Assets
- $116.8k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Princess Anne, MD
- Founding
- 05/2011
- Data as of
- 06/2019
- EIN
- 27-3184929
Organization Overview
Somerset County Library Foundation Inc is located in Princess Anne, MD. The organization was established in 2011. According to its NTEE Classification (B12) the organization is classified as: Fund Raising & Fund Distribution, 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. Somerset County Library Foundation 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 06/2019, Somerset County Library Foundation Inc generated $1.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (64.1%) each year.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2019
Describe the Organization's Program Activity:
Part 3
TO SUPPORT THE OPERATION, ACTIVITIES, GROWTH AND DEVELOPMENT OF THE SOMERSET COUNTY LIBRARY SYSTEM.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Linda Riggin President | 1 | $0 | |
Betsy Drewer Director | 1 | $0 | |
Frances Martinez Myers Director | 1 | $0 | |
Carol Heck Director | 1 | $0 | |
Carolyn Neal Director | 1 | $0 | |
Ed Goyda Director | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,000 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $1,000 |
| Statement of Expenses | |
|---|---|
| Total expenses | $0 |
| Balance Sheet | |
|---|---|
| Total assets | $116,750 |
| Total liabilities | $0 |
| Net assets or fund balances | $116,750 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Somerset County Library Foundation Inc has recieved totaling $10,000.
| Awarding Organization | Amount |
|---|---|
National Philanthropic Tr Jenkintown, PA PURPOSE: EDUCATION | $10,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Building Hope Finance Washington, DC | $123,995,340 | $7,003,194 |
Elevate 215 Philadelphia, PA | $9,991,857 | $10,518,985 |
Dc Public Education Fund Washington, DC | $19,324,284 | $7,024,090 |
St Christophers School Foundation Richmond, VA | $94,106,126 | $9,680,251 |
Mastery Charter Schools Foundation Philadelphia, PA | $112,317,090 | $8,533,885 |
National Automatic Sprinkler 669 Va Education Fund Columbia, MD | $15,668,623 | $8,120,660 |
United States Japan Foundation Owings Mills, MD | $106,169,200 | $4,759,214 |
St Stephen S And St Agnes School Foundation Alexandria, VA | $47,445,810 | $11,356,184 |
Charles B Keesee Educational Fund Incorporated Martinsville, VA | $78,271,755 | $5,985,709 |
James Barry Robinson Home For Boys Trust Norfolk, VA | $49,691,285 | $5,553,084 |
Community College Of Philadelphia Foundation Philadelphia, PA | $17,835,018 | $4,924,395 |
Liberian Education Achievement & Resource Network Washington, DC | $510,785 | $2,650,000 |