Mont Vernon Library Charitable Foundation
- Assets
- $1.1m
- Revenue
- $1.1m
- Investments
- $0.0
- Employees
- 0
- Location
- Mont Vernon, NH
- Founding
- 07/2015
- Data as of
- 12/2021
- EIN
- 47-2293263
Organization Overview
Mont Vernon Library Charitable Foundation, operating under the name Mvlcf, is located in Mont Vernon, NH. The organization was established in 2015. 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. Mvlcf is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
THE MVLCF IS A NONPROFIT, VOLUNTEER ORGANIZATION DEDICATED TO RAISING AND MANAGING FUNDS FOR THE ENHANCEMENT AND CAPITAL IMPROVEMENT OF THE PUBLIC LIBRARY OF MONT VERNON, NEW HAMPSHIRE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
NO PROGRAM SERVICES WERE PROVIDED
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Cindy Raspiller President | OfficerTrustee | 15 | $0 |
Spencer Lovette Treasurer | OfficerTrustee | 15 | $0 |
Jane King Secretary | OfficerTrustee | 10 | $0 |
Bonnie Angulas Director | Trustee | 15 | $0 |
Lorri Hayes Director | Trustee | 10 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $25,265 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,054,595 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,079,860 |
| Total Program Service Revenue | $0 |
| Investment income | $150 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,080,010 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| 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 | $660 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $9,500 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $1,211 |
| Information technology | $637 |
| 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 | $272 |
| Total functional expenses | $19,759 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $1,136,461 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $9,000 |
| 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 | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,145,461 |
| 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 | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $1,145,461 |
| 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 | $1,145,461 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Mont Vernon Library Charitable Foundation has recieved totaling $67.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $67 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Proprietors Of The Boston Athenaeum Boston, MA | $130,203,809 | $11,281,803 |
Publishers International Linking Association Inc Lynnfield, MA | $16,437,833 | $11,352,834 |
Springfield Museums Corporation Springfield, MA | $83,263,430 | $9,886,411 |
American Antiquarian Society Worcester, MA | $122,268,688 | $9,559,298 |
John Fitzgerald Kennedy Library Foundation Incorporated Boston, MA | $64,242,661 | $9,493,249 |
Proprietors Of The Social Law Library Boston, MA | $11,132,474 | $6,079,847 |
Minuteman Library Network Inc Natick, MA | $1,897,747 | $3,558,708 |
Boston Public Library Fund Inc Boston, MA | $5,785,151 | $3,398,649 |
Bangor Public Library Trustees Bangor, ME | $25,795,919 | $2,775,295 |
Nantucket Atheneum Nantucket, MA | $30,435,086 | $3,253,368 |
Jones Library Inc Amherst, MA | $13,562,457 | $2,991,104 |
Digital Public Library Of America Boston, MA | $1,290,276 | $1,126,857 |