Friends Of The Grace A Dow Memorial Library Inc
- Assets
- $221.2k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Midland, MI
- Founding
- 03/2002
- Data as of
- 06/2022
- EIN
- 38-3546659
Organization Overview
Friends Of The Grace A Dow Memorial Library Inc is located in Midland, MI. The organization was established in 2002. According to its NTEE Classification (T11) the organization is classified as: Single Organization Support, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Friends Of The Grace A Dow Memorial 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 06/2022, Friends Of The Grace A Dow Memorial Library Inc generated $45.8k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (0.8%) each year. All expenses for the organization totaled $74.2k during the year ending 06/2022. 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 |
|---|---|---|---|
Nathan Lafollette President | 5 | $0 | |
Mike Dizer Vice Preside | 5 | $0 | |
Sandra Lehmann Treasurer | 6 | $0 | |
Anne Southworth Director | 4 | $0 | |
Sue Landis Secretary | 4 | $0 | |
Gary Billotti Director | 4 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $20,692 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $607 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $24,338 |
| Other Revenue | $171 |
| Total Revenue | $45,808 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $4,496 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $307 |
| Total expenses | $74,159 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $218,684 |
| Other assets | $0 |
| Total assets | $221,227 |
| Total liabilities | $43,862 |
| Net assets or fund balances | $177,365 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Friends Of The Grace A Dow Memorial Library Inc has recieved totaling $88.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $88 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
David And Inez Myers Foundation Cleveland, OH | $231,370,323 | $1,575,245 |
Block 3 Community Urban Redevelopment Corporation Cincinnati, OH | $43,753,173 | $7,948,144 |
Sally And John Morley Family Fund Cleveland, OH | $0 | $0 |
Foundation For The Uptown Reinvestment Corporation Flint, MI | $1,872,223 | $6,455,012 |
Dayton Foundation Plus Inc Dayton, OH | $83,505,101 | $9,971,050 |
Jcgf Charitable Tr Cincinnati, OH | $1,841,285 | $5,857,978 |
West Bend Community Foundation Inc Milwaukee, WI | $79,149,428 | $10,575,689 |
Arthur Dean Family Foundation Inc Fishers, IN | $75,273,545 | $2,866,490 |
Barberton Community Foundation Barberton, OH | $94,839,869 | $20,499,069 |
Star House Foundation Columbus, OH | $3,945,467 | $4,249,325 |
Jewish Fund Inc Bloomfield Hills, MI | $68,108,073 | $3,265,979 |
Foundation For Flint Flint, MI | $18,213,449 | $993,569 |