Parnell Memorial Library Foundation Inc is located in Montevallo, AL. The organization was established in 1999. According to its NTEE Classification (T30) the organization is classified as: Public Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Parnell Memorial 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 12/2022, Parnell Memorial Library Foundation Inc generated $9.5k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (9.3%) each year. All expenses for the organization totaled $12.7k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (12.1%) per year over the past 8 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
2022
Describe the Organization's Program Activity:
Part 3
AMOUNTS TO PROMOTE CHILDREN'S EXPERIENCE WITH AN UNDERSTANDING OF NATURE, SCIENCE AND THE ARTS
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Peggy Carol Czerw Board Member | 0 | $0 | |
Amanda Fox Board Memebe | 0 | $0 | |
Kristi Deerman Secretary | 0 | $0 | |
Cliff Dubose Board Member | 0 | $0 | |
Greg Reece President | 0 | $0 | |
Michele Pawlik Board Member | 0 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $9,417 |
Total Program Service Revenue | $0 |
Membership dues | $0 |
Investment income | $43 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $9,460 |
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 | $813 |
Occupancy, rent, utilities, and maintenance | $0 |
Printing, publications, postage, and shipping | $375 |
Other expenses | $11,500 |
Total expenses | $12,688 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $262,334 |
Other assets | $0 |
Total assets | $262,334 |
Total liabilities | $0 |
Net assets or fund balances | $262,334 |
Over the last fiscal year, we have identified 1 grants that Parnell Memorial Library Foundation Inc has recieved totaling $1,000.
Awarding Organization | Amount |
---|---|
Mike And Gillian Goodrich Charitable Foundation Birmingham, AL PURPOSE: SUPPORT REDESIGN OF STORMWATER MANAGEMENT SYSTEM AND GARDEN | $1,000 |
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