Bay County Public Library Foundation Inc
- Assets
- $249.0k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Panama City, FL
- Founding
- 12/1985
- Data as of
- 09/2021
- EIN
- 59-2512855
Organization Overview
Bay County Public Library Foundation Inc is located in Panama City, FL. The organization was established in 1985. 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. Bay County Public 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 09/2021, Bay County Public Library Foundation Inc generated $19.6k 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 (7.0%) each year. All expenses for the organization totaled $28.4k during the year ending 09/2021. As we would expect to see with falling revenues, expenses have declined by (16.3%) per year over the past 6 years. 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
2021
Describe the Organization's Program Activity:
Part 3
TO PROVIDE LITERACY AND PROGRAM ASSISTANCE FOR THE BAY COUNTY PUBLIC LIBRARY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Catherine Hester President | 2 | $0 | |
Cody Gray Vice President | 2 | $0 | |
Kristi Heller Secretary | 2 | $0 | |
Mandy Pitts Treasurer | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $8,267 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $11,328 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $19,595 |
| 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 | $28,442 |
| Total expenses | $28,442 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $233,571 |
| Other assets | $0 |
| Total assets | $249,038 |
| Total liabilities | $0 |
| Net assets or fund balances | $249,038 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Bay County Public Library Foundation Inc has recieved totaling $38,000.
| Awarding Organization | Amount |
|---|---|
The St Joe Community Foundation Inc Panama City Beach, FL PURPOSE: TEACHING AND LEARNING | $38,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Jacksonville State University Foundation Jacksonville, AL | $99,989,549 | $15,547,897 |
Florida Medical Practice Plan Inc Tallahassee, FL | $6,356,277 | $9,443,720 |
Alabama High School Athletic Association Montgomery, AL | $12,167,526 | $9,029,142 |
River City Education Organization Inc Jacksonville, FL | $21,815,598 | $7,864,021 |
Georgia Gwinnett College Foundationinc Lawrenceville, GA | $177,329,540 | $11,526,847 |
Augusta University Foundation Inc Augusta, GA | $77,382,154 | $9,045,973 |
Hudsonalpha Foundation Huntsville, AL | $65,481,044 | $7,640,212 |
University Of North Florida Financing Corporation Jacksonville, FL | $185,430,007 | $11,542,145 |
Georgia College & State University Foundation Inc Milledgeville, GA | $66,057,685 | $10,177,448 |
Highlands Day School Foundation Birmingham, AL | $18,906,069 | $7,689,613 |
Georgia Southern University Foundation Inc Statesboro, GA | $119,816,237 | $13,421,593 |
Kennesaw State Unversity Research And Service Foundation Inc Kennesaw, GA | $5,063,329 | $7,661,519 |