Friends Of The Corrales Library
- Assets
- $380.5k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Corrales, NM
- Founding
- 05/1978
- EIN
- 85-0260219
Organization Overview
Friends Of The Corrales Library is located in Corrales, NM. The organization was established in 1978. 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. Friends Of The Corrales 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 undefined, Friends Of The Corrales Library generated $17.9k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 2 years, the organization has seen revenues fall by an average of (50.7%) each year. All expenses for the organization totaled $12.0k during the year ending undefined. You can explore the organizations financials more deeply in the financial statements section below.
Limited Data Available: This organization filed their most recent 990 in paper format. This filing methodology limits the information that can be extracted from the filing.Limited Data Available: This organization is one of the few in our database that filed their most recent 990 with the IRS in paper format. This filing methodology limits the information that can be extracted from the filing. This will, however, be changing soon; The IRS now requires all organizations to file their 990s electronically.
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Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $12,928 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $4,509 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $501 |
| Other Revenue | $0 |
| Total Revenue | $17,938 |
| Statement of Expenses | |
|---|---|
| Total expenses | $11,977 |
| Balance Sheet | |
|---|---|
| Total assets | $380,496 |
| Total liabilities | $0 |
| Net assets or fund balances | $380,496 |