Ord Township Library Foundation Inc
- Assets
- $783.9k
- Revenue
- $45.6k
- Investments
- $0.0
- Employees
- 0
- Location
- Ord, NE
- Founding
- 12/1993
- Data as of
- 12/2021
- EIN
- 47-0770310
Organization Overview
Ord Township Library Foundation Inc is located in Ord, NE. The organization was established in 1993. According to its NTEE Classification (T50) the organization is classified as: Philanthropy, Charity & Voluntarism Promotion, 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. Ord Township 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 12/2021, Ord Township Library Foundation Inc generated $45.6k 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 (73.2%) each year. All expenses for the organization totaled $15.2k during the year ending 12/2021. 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 ORD TOWNSHIP LIBRARY FOUNDATION, INC. IS COMMITTED TO ENHANCING THE COLLECITONS, PROGRAMS, AND SERVICES OF THE ORD TOWNSHIP LIBRARY BEYOND THE MEANS OF PUBLIC FUNDING.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDE ADDITIONAL SOURCES OF FUNDING FOR THE OPERATIONS OF THE ORD TOWNSHIP LIBRARY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Heather Sikyta Secretary | OfficerTrustee | 0.5 | $0 |
Carolyn Zangger Vice-Preside | OfficerTrustee | 0.5 | $0 |
Gary Hinrichs Treasurer | OfficerTrustee | 0.5 | $0 |
Kristi Hagstrom Library Dire | OfficerTrustee | 0.5 | $0 |
Christina Pollard President | OfficerTrustee | 0.5 | $0 |
Janelle Schochenmaier Director | Trustee | 0.5 | $0 |
Financial Statements
| 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 | $26,143 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $26,143 |
| Total Program Service Revenue | $0 |
| Investment income | $19,042 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $366 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $45,551 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $5,014 |
| 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 | $7,287 |
| Fees for services: Other | $0 |
| Advertising and promotion | $50 |
| 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 | $15,183 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $28,366 |
| Savings and temporary cash investments | $0 |
| 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 | $724,260 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $31,318 |
| Total assets | $783,944 |
| 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 | $754,058 |
| Net assets with donor restrictions | $29,886 |
| 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 | $783,944 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Ord Township Library Foundation Inc has recieved totaling $5,150.
| Awarding Organization | Amount |
|---|---|
Robert And Ardis James Foundation Inc Wilmington, DE PURPOSE: GENERAL & UNRESTRICTED | $5,000 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $150 |
Endowment Analysis
| Beg. Balance | $28,235 |
| Earnings | $2,382 |
| Admin Expense | $398 |
| Net Contributions | $1,100 |
| Ending Balance | $31,318 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
1million Project Foundation Overland Park, KS | $8,054,178 | $5,845,168 |
Northeast Kansas Community Action Program Hiawatha, KS | $3,012,533 | $8,873,734 |
David And Molly Pyott Foundation Avon, CO | $9,634,209 | $3,719,915 |
Epicpromise Employee Foundation Broomfield, CO | $1,990,176 | $1,259,560 |
Nebraska Cultural Endowment Omaha, NE | $17,664,926 | $5,027,006 |
Coca Qalicb Inc Saint Louis, MO | $31,981,162 | $1,980,360 |
Nonprofit Connect Network Learn Grow Kansas City, MO | $2,501,951 | $1,465,132 |
Share Omaha Omaha, NE | $942,566 | $706,688 |
Denver Broncos Charities Englewood, CO | $723,574 | $805,055 |
Dodge City Community College Foundation Dodge City, KS | $10,849,019 | $1,050,601 |
Norfolk Family Coalition Inc Norfolk, NE | $38,104 | $614,746 |
Mean Street Ministry Lakewood, CO | $427,463 | $673,244 |