Wolfeboro Public Library Foundation Inc
- Assets
- $217.2k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Wolfeboro, NH
- Founding
- 06/2012
- Data as of
- 12/2023
- EIN
- 45-4249617
Organization Overview
Wolfeboro Public Library Foundation Inc is located in Wolfeboro, NH. The organization was established in 2012. 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. Wolfeboro Public Library Foundation 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 12/2023, Wolfeboro Public Library Foundation Inc generated $15.1k 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 (35.2%) each year. All expenses for the organization totaled $4.0k during the year ending 12/2023. 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
2023
Describe the Organization's Program Activity:
Part 3
CONTINUE TO COMMUNICATE WITH THE PUBLIC ABOUT THE NEEDS OF THE LIBRARY TO SECURE FINANCIAL SUPPORT TO PLAN AND IMPLEMENT THE LANDSCAPING FOR THE BUILDING NOW THAT THE RENOVATION HAS BEEN COMPLETED. ASSIST WITH THE PLAN TO PROVIDE SOLAR ENERGY FOR THE BUILDING. MANAGE AND MAINTAIN FUNDING FOR THE BUILDING, LANDSCAPING, ENERGY EFFICIENCY AND FURNITURE NEEDS OF THE LIBRARY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
John C Sandeen President | 10 | $0 | |
Robert B Woerheide Treasurer | 10 | $0 | |
Krista V Marschner Secretary | 5 | $0 | |
Candace W Thayer Director | 5 | $0 | |
Frank E Hardenbergh Director | 5 | $0 | |
Roger F Murray III Director | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $13,077 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $1,983 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $15,060 |
| 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 | $2,710 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $1,296 |
| Total expenses | $4,006 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $217,229 |
| Other assets | $0 |
| Total assets | $217,229 |
| Total liabilities | $0 |
| Net assets or fund balances | $217,229 |
Grants Awarded
Over the last fiscal year, Wolfeboro Public Library Foundation Inc has awarded $471,082 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
TOWN OF WOLFEBORO PURPOSE: NEW BUILDING CONSTRUCTION | $400,000 |
WOLFEBORO PUBLIC LIBRARY PURPOSE: ENERGY STUDY & FURNITURE BUILDING | $71,082 |