Friends Of Spring Lake District Library
- Assets
- $15.9k
- Revenue
- $10.3k
- Investments
- $0.0
- Employees
- 0
- Location
- Spring Lake, MI
- Founding
- 05/1983
- Data as of
- 09/2022
- EIN
- 38-2412375
Organization Overview
Friends Of Spring Lake District Library is located in Spring Lake, MI. The organization was established in 1983. 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 Spring Lake District 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 09/2022, Friends Of Spring Lake District Library generated $10.3k 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 (8.6%) each year. All expenses for the organization totaled $18.1k during the year ending 09/2022. 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 |
|---|---|---|---|
Paula Boodt President | 1.5 | $0 | |
Sara Shambarger Vice President | 1.5 | $0 | |
Alicia Gilewski Secretary | 1.5 | $0 | |
Barbara Swihart Treasurer | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $1 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $9,565 |
| Other Income | $709 |
| Total Revenue | $10,275 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $228 |
| Other expenses | $17,499 |
| Total operating and administrative expenses | $18,077 |
| Contributions, gifts, grants paid | $0 |
| Total expenses and disbursements | $18,077 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $7,882 |
| Savings and temporary cash investments | $6,680 |
| Net Accounts receivable | $1,322 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $15,884 |
| Accounts payable and accrued expenses | $228 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $228 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Friends Of Spring Lake District Library has recieved totaling $15,000.
| Awarding Organization | Amount |
|---|---|
Michigan Humanities Council Okemos, MI PURPOSE: REGRANT EXPENDITURE | $15,000 |
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 |