Mccook Library Foundation is located in Mccook, NE. The organization was established in 2001. 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. Mccook Library 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 12/2021, Mccook Library Foundation generated $92.7k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 2 years, the organization has seen revenues fall by an average of (13.1%) each year. All expenses for the organization totaled $12.3k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (36.5%) per year over the past 2 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
THE FOUNDATION WAS FORMED TO RAISE FUNDS TO ASSIST THE CITY OF MCCOOK LIBRARY AND TO SERVICE THE SOUTHWEST NEBRASKA AND NORTHWEST KANSAS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDE EQUIPMENT, COMPUTERS, BOOKS, VIDEOS, PROPERTY MAINTENANCE AND OTHER ITEMS NEEDED FOR THE LIBRARY TO SERVICE THE PATRONS IN BEST POSSIBLE WAY.
BRING PROGRAMS, PERFORMANCES, AND RELATED EVENTS FOR THE BENEFIT OF THE LIBRARY PARTRONS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Sharon Bohling Secretary | Officer | $0 | |
Jason Loop Vice Preside | Officer | $0 | |
Sean Wolfe Treasurer | Officer | $0 | |
Mary Dueland President | Officer | $0 | |
Jody Crocker Director | Trustee | 2 | $0 |
Nancy Mousel Director | Trustee | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $52,156 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $52,156 |
Total Program Service Revenue | $0 |
Investment income | $37,332 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $1,345 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $92,679 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $11,500 |
Grants and other assistance to domestic individuals. | $0 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $0 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $0 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $0 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $828 |
Advertising and promotion | $0 |
Office expenses | $0 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $0 |
Travel | $0 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $0 |
Insurance | $0 |
All other expenses | $0 |
Total functional expenses | $12,328 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $55,666 |
Savings and temporary cash investments | $46,728 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $0 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $0 |
Net Land, buildings, and equipment | $0 |
Investments—publicly traded securities | $690,015 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $792,409 |
Accounts payable and accrued expenses | $0 |
Grants payable | $0 |
Deferred revenue | $0 |
Tax-exempt bond liabilities | $0 |
Escrow or custodial account liability | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Secured mortgages and notes payable | $0 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $0 |
Total liabilities | $0 |
Net assets without donor restrictions | $792,409 |
Net assets with donor restrictions | $0 |
Capital stock or trust principal, or current funds | $0 |
Paid-in or capital surplus, or land, building, or equipment fund | $0 |
Retained earnings, endowment, accumulated income, or other funds | $0 |
Total liabilities and net assets/fund balances | $792,409 |
Over the last fiscal year, we have identified 1 grants that Mccook Library Foundation has recieved totaling $1,000.
Awarding Organization | Amount |
---|---|
Graff Charitable Foundation Inc Mccook, NE PURPOSE: GENERAL OPERATIONS | $1,000 |
Organization Name | Assets | Revenue |
---|---|---|
Grinnell College Medical Benefit Plan Trust Agreement Grinnell, IA | $11,174,588 | $9,791,771 |
Colorado Mesa University Foundation Grand Junciton, CO | $51,533,089 | $12,141,497 |
Dsst Public Schools Foundation Denver, CO | $32,542,761 | $13,664,687 |
Casper College Foundation Casper, WY | $118,882,238 | $11,522,950 |
Colorado State University-Pueblo Foundation Pueblo, CO | $68,008,177 | $8,127,637 |
Iowa State University Research Park Corp Ames, IA | $68,199,725 | $11,124,615 |
Pittsburg State University Foundation Inc Pittsburg, KS | $127,952,768 | $13,650,196 |
University Of Central Missouri Foundation Warrensburg, MO | $77,602,876 | $17,903,644 |
K-State Olathe Innovation Campus Inc Olathe, KS | $45,049,185 | $10,222,325 |
Nebraska Defense Research Corporation Lincoln, NE | $12,097,402 | $14,649,208 |
Denver Public Library Friends Foundation Denver, CO | $13,953,540 | $6,255,598 |
Colorado Mountain College Foundation Inc Glenwood Springs, CO | $24,720,548 | $6,420,205 |