Broward Public Library Foundation
- Assets
- $13.0m
- Revenue
- $1.0m
- Investments
- $0.0
- Employees
- 6
- Location
- Fort Lauderdale, FL
- Founding
- 04/1983
- Data as of
- 09/2023
- EIN
- 59-2224746
Organization Overview
Broward Public Library Foundation is located in Fort Lauderdale, FL. The organization was established in 1983. As of 09/2023, Broward Public Library Foundation employed 6 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Broward Public Library Foundation 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 09/2023, Broward Public Library Foundation generated $1.0m in total revenue. The organization has seen a slow decline revenue. Over the past 5 years, revenues have fallen by an average of (1.8%) each year. All expenses for the organization totaled $936.2k during the year ending 09/2023. 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
THE BROWARD PUBLIC LIBRARY FOUNDATION'S MISSION IS TO ENHANCE THE COLLECTIONS, PROGRAMS AND SERVICES OF BROWARD COUNTY LIBRARY BEYOND THE MEANS OF PUBLIC FUNDING.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE BROWARD PUBLIC LIBRARY FOUNDATION SUPPORTS MORE THAN A DOZEN PROGRAMS AND SERVICES FOR BROWARD COUNTY LIBRARY, INCLUDING FREE SAT/ACT PREPARATION CLASSES FOR UP TO 750 HIGH SCHOOL STUDENTS; A SUMMER LEARNING PROGRAM FOR CHILDREN AND TEENS; A VETERANS FESTIVAL; TWO CHILDREN'S LITERACY FESTIVALS FEATURING FREE BOOK GIVEAWAYS AND A WORKFORCE READY PROGRAM THAT PROVIDES FREE CHECKOUT OF CHROMEBOOKS AND HOTSPOTS TO JOB SEEKERS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Robyn Vines Chair | OfficerTrustee | 2 | $0 |
Joey Crawford Vice Chair | OfficerTrustee | 2 | $0 |
Nicole Hanaka Secretary | OfficerTrustee | 2 | $0 |
Will Boiman Treasurer | OfficerTrustee | 2 | $0 |
Taneka Lawrence At Large | OfficerTrustee | 2 | $0 |
Nila DO Simon Past Chair | OfficerTrustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $277,593 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $596,050 |
| Noncash contributions included in lines 1a–1f | $47,000 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $873,643 |
| Total Program Service Revenue | $0 |
| Investment income | $338,418 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$173,255 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,038,806 |
| 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. | $114,937 |
| Compensation of current officers, directors, key employees. | $34,481 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $212,628 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $36,733 |
| Payroll taxes | $27,369 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $22,536 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $138,402 |
| Advertising and promotion | $47,023 |
| Office expenses | $51,494 |
| 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 | $5,584 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $12,926 |
| Total functional expenses | $936,244 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $605 |
| Savings and temporary cash investments | $892,684 |
| 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 | $12,125,897 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $13,019,186 |
| Accounts payable and accrued expenses | $18,383 |
| Grants payable | $0 |
| Deferred revenue | $29,230 |
| 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 | $21,089 |
| Total liabilities | $68,702 |
| Net assets without donor restrictions | $9,727,711 |
| Net assets with donor restrictions | $3,222,773 |
| 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 | $13,019,186 |