Friends Of The Library Of Le Sueur Foundation
- Assets
- $108.9k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Le Sueur, MN
- Founding
- 04/2002
- Data as of
- 09/2022
- EIN
- 41-1318368
Organization Overview
Friends Of The Library Of Le Sueur Foundation is located in Le Sueur, MN. The organization was established in 2002. 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 Library Of Le Sueur Foundation 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 The Library Of Le Sueur Foundation generated $31.6k 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 (9.3%) each year. All expenses for the organization totaled $15.5k during the year ending 09/2022. As we would expect to see with falling revenues, expenses have declined by (9.9%) 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 |
|---|---|---|---|
Joanne Smith Secretary | 0 | $0 | |
Janet Nordstrom President | 0 | $0 | |
Elizabeth Breaker Treasurer | 0 | $0 | |
Sally Olson Trustee/dire | 0 | $0 | |
Patrick Tebbe Trustee/dire | 0 | $0 | |
Tina Grapentine Trustee/dire | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $30,790 |
| Total Program Service Revenue | $0 |
| Membership dues | $740 |
| Investment income | $38 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $31,568 |
| 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 | $283 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $15,200 |
| Other expenses | $0 |
| Total expenses | $15,483 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $71,108 |
| Other assets | $0 |
| Total assets | $108,931 |
| Total liabilities | $0 |
| Net assets or fund balances | $108,931 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Friends Of The Library Of Le Sueur Foundation has recieved totaling $8,211.
| Awarding Organization | Amount |
|---|---|
Saint Paul & Minnesota Foundation Saint Paul, MN PURPOSE: MULTIPLE GRANTS FOR MULTIPLE PURPOSES | $8,023 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $188 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Grinnell College Medical Benefit Plan Trust Agreement Grinnell, IA | $11,174,588 | $9,791,771 |
University Of Wisconsin-Eau Claire Foundation Inc Eau Claire, WI | $103,402,476 | $22,599,486 |
Iowa State University Research Park Corp Ames, IA | $68,199,725 | $11,124,615 |
Minnesota State University Mankato Foundation Incorporated Mankato, MN | $77,015,205 | $9,285,148 |
University Gateway Corporation Minneapolis, MN | $78,655,248 | $6,023,242 |
Charles & Ellora Alliss Educational Foundation Milwaukee, WI | $87,576,345 | $9,781,011 |
Iowa High School Athleticassociation Boone, IA | $17,327,220 | $5,760,245 |
St Cloud State University Foundation Inc St Cloud, MN | $54,919,652 | $10,818,973 |
Hmong Education Reform Company St Paul, MN | $74,819,992 | $9,901,803 |
Isu Veterinary Services Corporation Des Moines, IA | $3,723,871 | $7,166,183 |
University Of Wisconsin Green Bay Foundation Inc Green Bay, WI | $63,454,275 | $9,667,784 |
University Of Minnesota Foundation Investment Advisors Minneapolis, MN | $2,748,098 | $5,244,210 |