Friends Of The Royal Oak Public Library
- Assets
- $26.5k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Royal Oak, MI
- Founding
- 10/2007
- EIN
- 38-2177970
Organization Overview
Friends Of The Royal Oak Public Library is located in Royal Oak, MI. The organization was established in 2007. 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. Friends Of The Royal Oak Public Library 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 undefined, Friends Of The Royal Oak Public Library generated $7.5k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (21.8%) each year. All expenses for the organization totaled $1.5k during the year ending undefined. As we would expect to see with falling revenues, expenses have declined by (36.9%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mitzi Hoffman President | 5 | $0 | |
Margaret Blount Vice Preside | 5 | $0 | |
Lawrence Baker Treasurer | 5 | $0 | |
Joan Koelsch Recording Se | 5 | $0 | |
John Pelegrino Correspondin | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $5,185 |
| Total Program Service Revenue | $0 |
| Membership dues | $755 |
| Investment income | $5 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $729 |
| Other Revenue | $0 |
| Total Revenue | $7,472 |
| Statement of Expenses | |
|---|---|
| Total expenses | $1,525 |
| Balance Sheet | |
|---|---|
| Total assets | $26,469 |
| Total liabilities | $0 |
| Net assets or fund balances | $26,469 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Friends Of The Royal Oak Public Library has recieved totaling $243.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $243 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Ohionet Westerville, OH | $9,473,014 | $8,653,205 |
Ohio Governors Imagination Library Beavercreek, OH | $8,059,955 | $11,938,530 |
William A And Margaretta Taylor Memorial Association Cuyahoga Falls, OH | $3,121,756 | $3,087,926 |
Library Association Of Sandusky Ohio Sandusky, OH | $8,164,601 | $4,150,865 |
Building And Construction Resource Center Inc Portage, IN | $5,030,482 | $2,435,257 |
Board Of Trustee Of The Ida Rupp Public Library Port Clinton, OH | $4,469,575 | $2,075,205 |
Private Academic Library Network Of Indiana Inc Indianapolis, IN | $7,049,589 | $1,821,764 |
Cass District Library Cassopolis, MI | $2,228,368 | $1,419,366 |
Ohio Library Council Dublin, OH | $1,313,822 | $1,521,350 |
Mercer County Library District Celina, OH | $666,638 | $1,280,745 |
Preachit Inc Valparaiso, IN | $1,528,910 | $703,566 |
Lloyd Library And Museum Cincinnati, OH | $2,663,622 | $1,158,472 |