Suffield Public Library Foundation Inc
- Assets
- $111.7k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Suffield, CT
- Founding
- 05/2009
- Data as of
- 06/2023
- EIN
- 80-0356414
Organization Overview
Suffield Public Library Foundation Inc is located in Suffield, CT. The organization was established in 2009. 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. Suffield Public 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 06/2023, Suffield Public Library Foundation Inc generated $6.5k 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 (65.5%) each year. All expenses for the organization totaled $4.2k during the year ending 06/2023. As we would expect to see with falling revenues, expenses have declined by (70.9%) per year over the past 3 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
PURCHASED COLOR SCANNER FOR LIBRARY HISTORICAL COLLECTION TO ALLOW FOR DIGITIZATION AND ON-LINE ACCESS TO THE COLLECTION, AND REDUCE HANDLING OF DOCUMENTS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Melvin Chafetz President | 5 | $0 | |
Christopher Childs Treasurer | 5 | $0 | |
Rebecca Fuller Secretary | 5 | $0 | |
Carl Cashinghino Director | 5 | $0 | |
Lisa Coatti Director | 5 | $0 | |
John Kearney Director | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $3,479 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $2,966 |
| Gain or Loss | $38 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $6,483 |
| 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 | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $593 |
| Total expenses | $4,152 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $111,668 |
| Other assets | $0 |
| Total assets | $111,668 |
| Total liabilities | $0 |
| Net assets or fund balances | $111,668 |