Friends Of The Hockessin Library Inc
- Assets
- $331.7k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Hockessin, DE
- Founding
- 11/1977
- Data as of
- 12/2023
- EIN
- 51-0185744
Organization Overview
Friends Of The Hockessin Library Inc is located in Hockessin, DE. The organization was established in 1977. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Friends Of The Hockessin Library 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, Friends Of The Hockessin Library Inc generated $35.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (3.2%) each year. All expenses for the organization totaled $26.6k 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
THE ORGANIZATION IS ENGAGED IN PROVIDING PROGRAMS AND EVENTS AT THE HOCKESSIN LIBRARY TO BENEFIT THE COMMUNITY, SUCH AS THE TEEN VOLUNTEER PROGRAM, ART EXHIBITS, BELL RINGING, AND CHRISTMAS CAROLS DURING THE HOLIDAY SEASON.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Sara Barre Board Member | 0.25 | $0 | |
Susan Foster Board Member | 0.6 | $0 | |
David Goldsworthy Board Member | 0.25 | $0 | |
Maria Iversen Secretary | 0.97 | $0 | |
Linda Lauria Board Member | 0.6 | $0 | |
Sirena Manista Board Member | 0.25 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,771 |
| Total Program Service Revenue | $0 |
| Membership dues | $1,660 |
| Investment income | $6,064 |
| Gain or Loss | $5,634 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $402 |
| Total Revenue | $34,989 |
| 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 | $2,000 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $176 |
| Other expenses | $4,980 |
| Total expenses | $26,642 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $329,489 |
| Other assets | $0 |
| Total assets | $331,735 |
| Total liabilities | $0 |
| Net assets or fund balances | $331,735 |