Polk County Friends Of The Library
- Assets
- $316.5k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Benton, TN
- Founding
- 08/2001
- Data as of
- 03/2020
- EIN
- 62-1844524
Organization Overview
Polk County Friends Of The Library is located in Benton, TN. The organization was established in 2001. 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. Polk County Friends Of The Library 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 03/2020, Polk County Friends Of The Library generated $31.1k in total revenue. The organization has seen a slow decline revenue. Over the past 6 years, revenues have fallen by an average of (1.7%) each year. All expenses for the organization totaled $21.7k during the year ending 03/2020. As we would expect to see with falling revenues, expenses have declined by (5.1%) per year over the past 6 years. 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 |
|---|---|---|---|
Kim Moorhouse Chief Finiacial Officer | 5 | $2,400 | |
Clarence Mcclure President | 1 | $0 | |
Amanda Stiles Vice President | 1 | $0 | |
Cindy Moss Secretary | 1 | $0 | |
Mena Golden Board Member | 1 | $0 | |
Sally Love Board Member | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $10,642 |
| Total Program Service Revenue | $4,400 |
| Membership dues | $0 |
| Investment income | $850 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $7,147 |
| Other Revenue | $8,100 |
| Total Revenue | $31,139 |
| Statement of Expenses | |
|---|---|
| Total expenses | $21,687 |
| Balance Sheet | |
|---|---|
| Total assets | $316,532 |
| Total liabilities | $0 |
| Net assets or fund balances | $316,532 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Polk County Friends Of The Library has recieved totaling $2,000.
| Awarding Organization | Amount |
|---|---|
Athens Federal Foundation Athens, TN PURPOSE: POLK COUNTY IMAGINATION LIBRARY | $2,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Jacksonville State University Foundation Jacksonville, AL | $99,989,549 | $15,547,897 |
University Of Virginia Licensing & Ventures Group Charlottesville, VA | $21,114,215 | $9,580,641 |
Phoenix Academy Inc High Point, NC | $3,025,069 | $10,364,069 |
Elizabeth City State University Foundation Elizabeth City, NC | $21,052,714 | $2,780,872 |
Alabama High School Athletic Association Montgomery, AL | $12,167,526 | $9,029,142 |
Unc-G Excellence Foundation Greensboro, NC | $187,420,574 | $12,267,071 |
Georgia Gwinnett College Foundationinc Lawrenceville, GA | $177,329,540 | $11,526,847 |
Augusta University Foundation Inc Augusta, GA | $77,382,154 | $9,045,973 |
University Of North Carolina At Asheville Foundation Inc Asheville, NC | $61,754,429 | $7,423,002 |
Marshall-Wythe School Of Law Foundation Williamsburg, VA | $56,391,482 | $7,245,738 |
Horatio Alger Endowment Fund Alexandria, VA | $322,951,010 | $58,271,352 |
Hudsonalpha Foundation Huntsville, AL | $65,481,044 | $7,640,212 |