Trustees And Friends Of Freeman Memorial Library
- Assets
- $176.1k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Houston, TX
- Founding
- 05/1966
- Data as of
- 05/2022
- EIN
- 74-1533397
Organization Overview
Trustees And Friends Of Freeman Memorial Library is located in Houston, TX. The organization was established in 1966. 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. Trustees And Friends Of Freeman Memorial 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 05/2022, Trustees And Friends Of Freeman Memorial Library generated $56.6k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (5.1%) each year. All expenses for the organization totaled $63.3k during the year ending 05/2022. As we would expect to see with falling revenues, expenses have declined by (4.3%) per year over the past 7 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
THE FRIENDS OF FREEMAN OPERATE THE BOOKSTORE WITHIN THE LIBRARY. PROCEEDS FROM THE BOOKSTORE ARE USED TO FUND VARIOUS LIBRARY PROGRAMS AND PROJECTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Marilyn Plett Secretary | 15 | $0 | |
Susana Udengaard Member | 10 | $0 | |
Sandra Louvet Member | 15 | $0 | |
Carolyn Foutch Member | 10 | $0 | |
Larry Arnhold Member | 10 | $0 | |
Juliet Bhagwandin Treasurer | 10 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $3,982 |
| Total Program Service Revenue | $45,960 |
| Membership dues | $3,940 |
| Investment income | $147 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $2,544 |
| Other Revenue | $0 |
| Total Revenue | $56,573 |
| 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 | $0 |
| Occupancy, rent, utilities, and maintenance | $2,009 |
| Printing, publications, postage, and shipping | $3,199 |
| Other expenses | $5,044 |
| Total expenses | $63,255 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $176,127 |
| Other assets | $0 |
| Total assets | $176,127 |
| Total liabilities | $0 |
| Net assets or fund balances | $176,127 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Trustees And Friends Of Freeman Memorial Library has recieved totaling $100.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $100 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
University Of Houston Foundation Houston, TX | $176,095,945 | $16,062,659 |
Harmony Education Foundation Houston, TX | $114,104,071 | $8,179,563 |
Mc Neese State University Foundation Lake Charles, LA | $101,832,401 | $15,814,029 |
University Of Houston Law Foundation Houston, TX | $45,914,455 | $12,108,059 |
The Texas A & M University Commerce Foundation Commerce, TX | $38,245,128 | $4,326,106 |
Provident Group - Tubman Quad Properties Inc Baton Rouge, LA | $65,014,017 | $2,517,219 |
Lsu Real Estate And Facilities Foundation Baton Rouge, LA | $27,883,351 | $21,043,945 |
Alamo Colleges Foundation Inc San Antonio, TX | $77,782,031 | $21,582,510 |
Plumbers And Steamfitters Health Welfare And Educational Fund Metairie, LA | $10,022,630 | $8,551,794 |
Mary R Gallaspy Charitable Trust No Two Natchitoches, LA | $32,819,833 | $7,568,243 |
Texas Music Educators Association Inc Austin, TX | $10,305,852 | $5,351,237 |
Texas High School Rodeo Association Inc Center, TX | $1,481,050 | $6,538,446 |