Friends Of The Ocean Pines Branch Of The Worcester County Library In
- Assets
- $51.3k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Ocean Pines, MD
- Founding
- 08/1999
- Data as of
- 12/2020
- EIN
- 52-2150523
Organization Overview
Friends Of The Ocean Pines Branch Of The Worcester County Library In is located in Ocean Pines, MD. The organization was established in 1999. 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. Friends Of The Ocean Pines Branch Of The Worcester County Library In 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 12/2020, Friends Of The Ocean Pines Branch Of The Worcester County Library In generated $6.2k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (19.3%) each year. All expenses for the organization totaled $26.8k during the year ending 12/2020. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Eileen Leonhart President | 6 | $0 | |
Jackie Choate Recording Secretary | 6 | $0 | |
Charles O Rouse Treasurer | 4 | $0 | |
Name Not Listed Secretary | 4 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $772 |
| Total Program Service Revenue | $0 |
| Membership dues | $1,180 |
| Investment income | $25 |
| Gain or Loss | $4,223 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $6,200 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $281 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $1,117 |
| Occupancy, rent, utilities, and maintenance | $90 |
| Printing, publications, postage, and shipping | $94 |
| Other expenses | $24,350 |
| Total expenses | $26,833 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $51,304 |
| Other assets | $0 |
| Total assets | $51,304 |
| Total liabilities | $0 |
| Net assets or fund balances | $51,304 |
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