Landons Library Trust Fund
- Assets
- $575.4k
- Revenue
- $239.0k
- Investments
- $0.0
- Employees
- 0
- Location
- Oakland, MD
- Founding
- 11/2006
- Data as of
- 06/2022
- EIN
- 61-1508894
Organization Overview
Landons Library Trust Fund is located in Oakland, MD. The organization was established in 2006. According to its NTEE Classification (P58) the organization is classified as: Gift Distribution, under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Landons Library Trust Fund 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, Landons Library Trust Fund generated $239.0k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 10.8% each year . All expenses for the organization totaled $167.3k during the year ending 06/2022. While expenses have increased by 8.0% per year over the past 7 years. They've been increasing with an increasing level of total revenue. 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO PROMOTE CHILDHOOD LITERACY THROUGH THE DISTRIBUTION OF BOOKS TO CHILDREN IN GARRETT COUNTY, MARYLAND ALONG WITH ART SUPPLIES AND SCHOLARSHIPS TO LOCAL STUDENTS
Describe the Organization's Program Activity:
Part 3 - Line 4a
DISTRIBUTED OVER 13,000 CHILDREN'S BOOKS PER YEAR IN GARRETT COUNTY, MARYLAND THROUGH PROGRAMS SUCH AS DOLLY PARTON'S IMAGINATION LIBRARY
PROVIDED CULTURAL ARTS EDUCATIONAL FUNDING AND ART SUPPLIES TO SCHOOLS IN GARRETT COUNTY, MARYLAND
PROVIDED ACADEMIC AND ATHLETIC SCHOLARSHIPS TO STUDENTS IN SOUTHERN AND NORTHERN GARRETT COUNTY, MARYLAND HIGH SCHOOLS
TO PROMOTE CHILDHOOD AND YOUTH LITERACY IN GARRETT COUNTY MARYLAND.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Crystal Roberson-Boal Trustee | Trustee | 10 | $0 |
Brian R Boal Trustee | Trustee | 10 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $96,963 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $96,963 |
| Total Program Service Revenue | $0 |
| Investment income | $260 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $141,794 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $239,017 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $66,764 |
| Grants and other assistance to domestic individuals. | $18,000 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $450 |
| Office expenses | $164 |
| 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 | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $762 |
| All other expenses | $1,699 |
| Total functional expenses | $167,257 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $575,407 |
| Savings and temporary cash investments | $0 |
| 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 | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $575,407 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| 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 | $7 |
| Other liabilities | $0 |
| Total liabilities | $7 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| 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 | $575,407 |
Grants Awarded
Over the last fiscal year, Landons Library Trust Fund has awarded $40,200 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
WENDELL TEETS FOUNDATION - HIGH SCHOOL LOCKER ROOM FUND PURPOSE: COMMUNITY AND YOUTH ASSISTANCE | $35,000 |
FELLOWSHIP OF CHRISTIAN ATHLETES - GARRETT PURPOSE: COMMUNITY AND YOUTH ASSISTANCE | $5,200 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Landons Library Trust Fund has recieved totaling $5,000.
| Awarding Organization | Amount |
|---|---|
Morgan Stanley Global Impact Funding Trust Inc Indianapolis, IN PURPOSE: UNRESTRICTED GENERAL SUPPORT | $5,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Sheetz Family Charities Inc Altoona, PA | $8,145,405 | $4,240,002 |
Ryans Case For Smiles Wayne, PA | $1,412,033 | $1,300,303 |
Ij And Hilda M Breeden Foundation Manassas, VA | $0 | $710,250 |
Global Hands Inc Odenton, MD | $542,883 | $827,002 |
Donation Nation Inc Gaithersburg, MD | $20,416 | $749,090 |
United Churches Assistance Network Inc Cockeysville, MD | $28,350 | $571,891 |
Chesterfield-Colonial Heights Christmas Mother Inc Chesterfield, VA | $158,892 | $451,021 |
The Western Pennsylvania Chapter Of The National Hemophilia Foundation Beaver, PA | $1,149,662 | $448,934 |
Little Hands Virginia Inc Richmond, VA | $94,176 | $350,974 |
Christian Laymans Corps Greensburg, PA | $674,938 | $296,632 |
Richmond Christmas Mother Committee Christmas Mother Richmond, VA | $328,156 | $285,610 |
Fairy Godmother Project Fredericksburg, VA | $736,109 | $381,783 |