Friends Of The Frankfort Public Library Inc
- Assets
- $20.8k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Frankfort, IN
- Founding
- 06/1980
- Data as of
- 12/2022
- 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 12/2022, Friends Of The Frankfort Public Library Inc generated $33.2k in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 13.5% each year . All expenses for the organization totaled $25.5k during the year ending 12/2022. While expenses have increased by 7.6% per year over the past 5 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
2022
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 Treasurer | 2 | $0 | |
Mike Nichols Board Member | 2 | $0 | |
Betty Ramos Board Member | 2 | $0 | |
Colleen Mckinzie Board Member | 2 | $0 | |
Mindy Emswiller Secretary | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $30,905 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $2,324 |
| Other Revenue | $0 |
| Total Revenue | $33,229 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $6,000 |
| Professional fees and other payments to independent contractors | $1,053 |
| Occupancy, rent, utilities, and maintenance | $3,756 |
| Printing, publications, postage, and shipping | $10,333 |
| Other expenses | $4,395 |
| Total expenses | $25,537 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $20,798 |
| Other assets | $0 |
| Total assets | $20,798 |
| Total liabilities | $16 |
| Net assets or fund balances | $20,782 |