Nacogdoches Friends Of The Library Incorporated
- Assets
- $774.5k
- Revenue
- $26.6k
- Investments
- $0.0
- Employees
- 0
- Location
- Nacogdoches, TX
- Founding
- 02/1973
- Data as of
- 03/2022
- EIN
- 75-1397558
Organization Overview
Nacogdoches Friends Of The Library Incorporated is located in Nacogdoches, TX. The organization was established in 1973. 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. Nacogdoches Friends Of The Library Incorporated 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 03/2022, Nacogdoches Friends Of The Library Incorporated generated $26.6k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (11.0%) each year. All expenses for the organization totaled $29.5k during the year ending 03/2022. As we would expect to see with falling revenues, expenses have declined by (4.8%) per year over the past 5 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
THE NACOGDOCHES FRIENDS OF THE LIBRARY EXIST TO SUPPORT THE LIBRARY AS A CULTURAL AND EDUCATIONAL CENTER IN NACOGDOCHES COUNTY. THE OBJECTIVES INCLUDE: TO CREATE PUBLIC SUPPORT FOR AN EXPANDING LIBRARY PROGRAM; PURCHASE SPECIAL ITEMS AND SUPPLIES FOR THE LIBRARY WHICH ARE NOT AVAILABLE THROUGH THE REGULAR BUDGET; ENCOURAGE GIFTS, ENDOWMENTS, AND MEMORIALS FOR THE LIBRARY; SPONSOR PROGRAMS TO ADD TO THE CULTURAL LIFE OF THE COMMUNITY; PROVIDE ON-SITE VOLUNTEERS TO ASSIST THE LIBRARY STAFF IN THE SERVICES OF THE LIBRARY AND ADMINISTERING THE SALE OF SURPLUS AND USED BOOKS
Describe the Organization's Program Activity:
Part 3 - Line 4a
NACOGDOCHES FRIENDS OF THE LIBRARY SUPPORT THE NACOGDOCHES COUNTY LIBRARY BY PROVIDING BOOKS & SUBSCRIPTIONS, ENHANCING CHILDREN, TEEN, AND ADULT PROGRAMS, AND PROMOTING COMMUNITY AWARENESS. THESE GOALS ARE ACHIEVED THROUGH ACTIVELY SEEKING MEMBERSHIPS, DONATIONS, AND USED BOOK SALES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mercedes Franks Director | Officer | 2 | $0 |
Tina Oswald Director | Officer | 2 | $0 |
James Thrall Vice Preside | Officer | 2 | $0 |
Linda Milford Treasurer | Officer | 2 | $0 |
Carol Shaw President | Officer | 4 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $15,863 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $15,863 |
| Total Program Service Revenue | $3,992 |
| Investment income | $6,701 |
| 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 | $26,556 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| 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 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 | $0 |
| 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 | $2,687 |
| Total functional expenses | $29,480 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $105,002 |
| Savings and temporary cash investments | $669,518 |
| 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 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $774,520 |
| 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 | $774,520 |
| 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 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $774,520 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Nacogdoches Friends Of The Library Incorporated has recieved totaling $72.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $72 |
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 |