Parnell Memorial Library Foundation Inc
- Assets
- $286.3k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Montevallo, AL
- Founding
- 02/1999
- Data as of
- 12/2023
- EIN
- 63-1201641
Organization Overview
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 12/2023, Parnell Memorial Library Foundation Inc generated $11.4k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 9 years, the organization has seen revenues fall by an average of (6.4%) each year. All expenses for the organization totaled $12.8k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (10.8%) per year over the past 9 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
2023
Describe the Organization's Program Activity:
Part 3
AMOUNTS TO PROMOTE CHILDREN'S EXPERIENCE WITH AN UNDERSTANDING OF NATURE, SCIENCE AND THE ARTS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Crystal Estes Board Member | 0 | $0 | |
Kristi Deerman Board Member | 0 | $0 | |
Cliff Dubose Board Member | 0 | $0 | |
Sarah Hogan Board Memebe | 0 | $0 | |
Kellie Wyatt President | 0 | $0 | |
Lorrie Ozley Vice Preside | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $11,356 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $6 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $11,362 |
| 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 | $850 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $515 |
| Other expenses | $11,433 |
| Total expenses | $12,798 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $286,317 |
| Other assets | $0 |
| Total assets | $286,317 |
| Total liabilities | $0 |
| Net assets or fund balances | $286,317 |