Suffield Public Library Foundation Inc
- Assets
- $108.0k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Suffield, CT
- Founding
- 05/2009
- Data as of
- 06/2022
- 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 06/2022, Suffield Public Library Foundation Inc generated $19.4k 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 (32.2%) each year. All expenses for the organization totaled $6.4k during the year ending 06/2022. As we would expect to see with falling revenues, expenses have declined by (41.0%) 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
PURCHASED COMPUTER EQUIPMENT SO LIBRARY COULD PROVIDE NEW PCS FOR PATRON USE
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Melvin Chafetz President | 5 | $0 | |
Christopher Childs Treasurer | 5 | $0 | |
Carl Casinghino Director | 5 | $0 | |
Rebecca Fuller Secretary | 5 | $0 | |
Joseph Sangiovanni Director | 5 | $0 | |
Claire Kawalec Director | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $19,088 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $343 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $19,431 |
| 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 | $3,923 |
| Other expenses | $1,190 |
| Total expenses | $6,363 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $108,037 |
| Other assets | $0 |
| Total assets | $108,037 |
| Total liabilities | $0 |
| Net assets or fund balances | $108,037 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Suffield Public Library Foundation Inc has recieved totaling $300,000.
| Awarding Organization | Amount |
|---|---|
National Philanthropic Tr Jenkintown, PA PURPOSE: EDUCATION | $150,000 |
National Philanthropic Tr Jenkintown, PA PURPOSE: EDUCATION | $150,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Proprietors Of The Boston Athenaeum Boston, MA | $130,203,809 | $11,281,803 |
Nassau Library System Uniondale, NY | $13,078,101 | $10,576,238 |
Publishers International Linking Association Inc Lynnfield, MA | $16,437,833 | $11,352,834 |
Springfield Museums Corporation Springfield, MA | $83,263,430 | $9,886,411 |
Providence Public Library Providence, RI | $36,987,936 | $6,478,555 |
Westchester Library System Elmsford, NY | $6,787,041 | $7,508,558 |
American Antiquarian Society Worcester, MA | $122,268,688 | $9,559,298 |
John Fitzgerald Kennedy Library Foundation Incorporated Boston, MA | $64,242,661 | $9,493,249 |
Providence Community Library Providence, RI | $3,536,568 | $6,105,940 |
Emma S Clark Memorial Library Association Setauket, NY | $12,307,300 | $6,439,716 |
Proprietors Of The Social Law Library Boston, MA | $11,132,474 | $6,079,847 |
New City Library New City, NY | $17,574,056 | $6,151,626 |