Cornelius Library Foundation
- Assets
- $48.5k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Cornelius, OR
- Founding
- 07/2017
- Data as of
- 12/2022
- EIN
- 82-1891649
Organization Overview
Cornelius Library Foundation is located in Cornelius, OR. The organization was established in 2017. 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. Cornelius Library Foundation 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 12/2022, Cornelius Library Foundation generated $15.5k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (33.1%) each year. All expenses for the organization totaled $21.2k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (26.3%) per year over the past 4 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
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Karen Hill Director | 4 | $0 | |
Shelly Edling Bullar Director | 4 | $0 | |
Claire Lematta President | 4 | $0 | |
Janet Dalin Secretary | 4 | $0 | |
Jodi Owen Director | 4 | $0 | |
Peggy Harris Vice President | 4 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $15,498 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $15,498 |
| 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 | $58 |
| Other expenses | $21,184 |
| Total expenses | $21,242 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $48,518 |
| Other assets | $0 |
| Total assets | $48,518 |
| Total liabilities | $0 |
| Net assets or fund balances | $48,518 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Cornelius Library Foundation has recieved totaling $5,500.
| Awarding Organization | Amount |
|---|---|
Oregon Community Foundation Portland, OR PURPOSE: Education | $5,500 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Creative Commons Corporation Mountain View, CA | $9,584,245 | $9,853,619 |
Long Now Foundation San Francisco, CA | $8,496,773 | $4,135,043 |
Letterform Archive San Francisco, CA | $5,612,576 | $4,051,847 |
Kitsap Regional Library Foundation Bremerton, WA | $1,516,969 | $938,219 |
Rancho Cucamonga Public Library Foundation Rancho Cucamonga, CA | $80,561 | $132,446 |
Fort Vancouver Regional Library Foundation Vancouver, WA | $8,963,809 | $1,515,476 |
Library Association Of La Jolla La Jolla, CA | $7,657,063 | $2,243,407 |
Lafayette Library And Learningcenter Foundation Lafayette, CA | $28,882,741 | $2,073,300 |
The Digital Distributed Community Archive Stanford, CA | $3,639,872 | $1,772,956 |
Walt Disney Family Foundation San Francisco, CA | $8,081,443 | $1,620,731 |
Womens Resource Center Of North Central Washington Wenatchee, WA | $10,488,130 | $1,581,282 |
Cancer Patients Alliance Pacific Grove, CA | $1,207,473 | $1,716,621 |