Piedmont Friends Of The Library
- Assets
- $1.2m
- Revenue
- $319.4k
- Investments
- $0.0
- Employees
- 0
- Location
- Piedmont, OK
- Founding
- 07/2001
- Data as of
- 06/2018
- EIN
- 73-1600840
Organization Overview
Piedmont Friends Of The Library is located in Piedmont, OK. The organization was established in 2001. According to its NTEE Classification (B70) the organization is classified as: Libraries, 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. Piedmont 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 06/2018, Piedmont Friends Of The Library generated $319.4k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 3 years, the organization has seen revenues fall by an average of (11.3%) each year. All expenses for the organization totaled $29.4k during the year ending 06/2018. As we would expect to see with falling revenues, expenses have declined by (28.1%) per year over the past 3 years. 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
2018
Describe the Organization's Mission:
Part 3 - Line 1
PROMOTION OF COMMUNITY ENRICHMENT PROGRAMS THROUGHOUT THE COMMUNITY OF PIEDMONT, OK
Describe the Organization's Program Activity:
Part 3 - Line 4a
SUPPORT OF LIBRARY OPERATIONS
VARIOUS READING PROMOTION PROGRAMS INCLUDING THE SUMMER READING PROGRAM DESIGNED TO ENGAGE PARENTS & STUDENTS
BUILD OUT OF A COMMUNITY BASED PARK DESIGNED BY THE CITIZENS AND UTILITZING COMMUNITY MEMBERS AS VOLUNTEERS. THE PARK WILL SUPPORT VARIOUS READING AND LIBRARY ACTIVITIES.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Rhonda Turley President | Officer | 5 | $0 |
Barbara Mueggenborg Treasurer | Officer | 5 | $0 |
Amy Siefke Secretary | Officer | 2 | $0 |
Michelle Ferguson Member | Officer | 5 | $0 |
Cory Cranfill Member | Trustee | 1 | $0 |
Paul Francel Member | Trustee | 10 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $318,525 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $319,359 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic individuals. | $0 |
| 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 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 | $0 |
| Office expenses | $1,331 |
| 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 | $0 |
| All other expenses | $0 |
| Total functional expenses | $29,403 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $67,146 |
| 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 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $1,104,379 |
| Total assets | $1,171,525 |
| 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 | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $1,171,525 |
| 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 |
| Total liabilities and net assets/fund balances | $1,171,525 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Piedmont Friends Of The Library has recieved totaling $10,670.
| Awarding Organization | Amount |
|---|---|
American Online Giving Foundation Inc Newark, DE PURPOSE: GENERAL SUPPORT | $5,335 |
American Online Giving Foundation Inc Newark, DE PURPOSE: GENERAL SUPPORT | $5,335 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Houston Academy Of Medicine Houston, TX | $57,192,263 | $9,726,228 |
Mobius Columbia, MO | $4,062,831 | $7,262,645 |
Colorado Library Consortium Centennial, CO | $4,049,105 | $6,616,674 |
Rosenberg Library Association Galveston, TX | $38,547,435 | $5,322,146 |
Outreach United Resource Center Inc Longmont, CO | $8,325,883 | $5,899,409 |
Texas Rangers Baseball Foundation Arlington, TX | $31,952,885 | $4,231,744 |
Texas Library Association Austin, TX | $3,885,906 | $2,023,532 |
Nicholas P Sims Library And Lyceum Waxahachie, TX | $6,016,321 | $1,456,902 |
T L L Temple Memorial Library & Archives Diboll, TX | $4,162,289 | $853,055 |
Jal Public Library Fund Jal, NM | $27,094,564 | $3,040,405 |
La Llave Family Resource Center Inc Alamosa, CO | $303,516 | $1,091,609 |
Masonic Temple Education Center Ballwin, MO | $310,997 | $1,687 |