Friends Of The Frankfort Public Library Inc
- Assets
- $13.2k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Frankfort, IN
- Founding
- 06/1980
- Data as of
- 12/2021
- EIN
- 35-1472645
Organization Overview
Friends Of The Frankfort Public Library Inc is located in Frankfort, IN. The organization was established in 1980. 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 Frankfort Public 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 Frankfort Public Library Inc generated $61.1k in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 25.6% each year . All expenses for the organization totaled $58.9k during the year ending 12/2021. While expenses have increased by 15.2% per year over the past 6 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
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3
THE ORGANIZATION WAS CREATED TO DEVELOP AN INTEREST IN LIBRARIES, SPECIFICALLY THE FRANKFORT PUBLIC LIBRARY, AND SPONSOR ON-GOING PROJECTS FOR THE LIBRARY
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Peggy Williams Board Member | 2 | $0 | |
Pat Moore Board Member | 2 | $0 | |
Mike Nichols Board Member | 2 | $0 | |
Colleen Mckinzie Board Member | 2 | $0 | |
Susie Rusk Board Member | 2 | $0 | |
Tim Anno Treasurer | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $47,791 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $11,538 |
| Other Revenue | $1,766 |
| Total Revenue | $61,095 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $66 |
| Salaries, other compensation, and employee benefits | $28,872 |
| Professional fees and other payments to independent contractors | $3,125 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $551 |
| Other expenses | $25,788 |
| Total expenses | $58,902 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $13,196 |
| Other assets | $0 |
| Total assets | $13,196 |
| Total liabilities | $16 |
| Net assets or fund balances | $13,180 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Friends Of The Frankfort Public Library Inc has recieved totaling $6,227.
| Awarding Organization | Amount |
|---|---|
Community Foundation Of Howard County Inc Kokomo, IN PURPOSE: DOLLY PARTON'S IMAGINATION LIBRARY, AGENCY DISTRIBUTIONS | $6,227 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
University Of Wisconsin-Eau Claire Foundation Inc Eau Claire, WI | $103,402,476 | $22,599,486 |
Blanche Ebert Seaver Trust For Frank R Seaver College Chicago, IL | $130,613,951 | $5,090,055 |
William Rainey Harper College Educational Foundation Palatine, IL | $50,154,930 | $4,699,112 |
Clven National House Corporation Carmel, IN | $3,795,815 | $8,533,157 |
College Heights Foundation Inc Bowling Green, KY | $121,076,020 | $12,280,275 |
Northern Kentucky University Foundation Inc Highland Heights, KY | $152,385,239 | $8,696,843 |
Rochelle Zell Jewish High School Deerfield, IL | $17,970,776 | $8,473,073 |
Western Kentucky University Foundation Bowling Green, KY | $138,269,164 | $12,431,849 |
Charles & Ellora Alliss Educational Foundation Milwaukee, WI | $87,576,345 | $9,781,011 |
University Of Central Missouri Foundation Warrensburg, MO | $77,602,876 | $17,903,644 |
Newman Foundation At The University Of Illinois Champaign, IL | $49,665,230 | $9,311,134 |
Indiana State University Foundation Inc Terre Haute, IN | $120,588,616 | $29,901,749 |