Davidson County Library Foundation Inc
- Assets
- $177.8k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Lexington, NC
- Founding
- 12/1983
- Data as of
- 06/2022
- EIN
- 58-1539146
Organization Overview
Davidson County Library Foundation Inc is located in Lexington, NC. The organization was established in 1983. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Davidson County 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 06/2022, Davidson County Library Foundation Inc generated $25.2k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (20.0%) each year. All expenses for the organization totaled $15.6k during the year ending 06/2022. 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
2022
Describe the Organization's Program Activity:
Part 3
THE DAVIDSON COUNTY LIBRARY FOUNDATION RAISES MONEY FOR THE IMPROVEMENT OF THE PUBLIC LIBRARIES IN DAVIDSON COUNTY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Charles Romine Chairman | 1 | $0 | |
Peggy Wessel Vice Chairman | 1 | $0 | |
Vicki Mitchell Treasurer | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $25,164 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $56 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $25,220 |
| 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 | $0 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $15,646 |
| Total expenses | $15,646 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $177,822 |
| Other assets | $0 |
| Total assets | $177,822 |
| Total liabilities | $0 |
| Net assets or fund balances | $177,822 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Davidson County Library Foundation Inc has recieved totaling $40.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $40 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Northwestern Regional Library Elkin, NC | $2,333,593 | $2,751,748 |
Rockingham Library Association Harrisonburg, VA | $9,275,406 | $2,755,751 |
Johnson City Public Library Johnson City, TN | $2,269,696 | $2,425,366 |
Northwest Georgia Regional Library Dalton, GA | $1,061,647 | $2,297,011 |
Public Library Of Johnston County And Smithfield Smithfield, NC | $1,928,759 | $1,465,964 |
Samuels Library Inc Front Royal, VA | $1,258,942 | $1,396,617 |
Smyth County Public Library Marion, VA | $606,051 | $1,163,430 |
Fairfax Library Foundation Inc Fairfax, VA | $6,314,770 | $2,232,065 |
Northumberland Public Library Heathsville, VA | $1,261,098 | $478,679 |
The Alleghany Highlands Regional Library Inc Covington, VA | $916,991 | $423,609 |
Middlesex County Public Library Inc Urbanna, VA | $666,181 | $333,889 |
Madison County Library Incorporated Madison, VA | $1,052,835 | $312,878 |