Longview Library Foundation
- Assets
- $3.3m
- Revenue
- $155.8k
- Investments
- $0.0
- Employees
- 3
- Location
- Longview, WA
- Founding
- 04/2003
- Data as of
- 12/2023
- EIN
- 91-1948493
Organization Overview
Longview Library Foundation is located in Longview, WA. The organization was established in 2003. According to its NTEE Classification (B11) the organization is classified as: Single Organization Support, under the broad grouping of Education and related organizations. As of 12/2023, Longview Library Foundation employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Longview 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 12/2023, Longview Library Foundation generated $155.8k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (5.3%) each year. All expenses for the organization totaled $123.8k during the year ending 12/2023. 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
THE PURPOSE OF THE LONGVIEW LIBRARY FOUNDATION IS TO RECEIVE CONTRIBUTIONS FOR THE BETTERMENT AND CONTINUITY OF THE LONGVIEW PUBLIC LIBRARY; TO OVERSEE THESE FUNDS IN SUCH A MANNER AS TO PROVIDE A STABLE BASE OF FINANCIAL SUPPORT FOR THE LIBRARY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE LONGVIEW LIBRARY FOUNDATION IS AN INDEPENDENT NON-PROFIT CORPORATION WHICH SEEKS PRIVATE CONTRIBUTIONS TO PROVIDE FINANCIAL SUPPORT FOR THE LONGVIEW PUBLIC LIBRARYS SPECIAL NEEDSOUR MISSIONWE ARE THE LONGVIEW LIBRARY FOUNDATION, OUR MISSION IS TO WORK WITH OTHERS IN OUR COMMUNITY TO PRESERVE THE PAST AND CREATE THE FUTURE FOR OUR PUBLIC LIBRARY. YOUR GIFT TO THE LONGVIEW LIBRARY FOUNDATION MAKES A BIG DIFFERENCE AND GIVES YOU AN OPPORTUNITY TO STAND FOR A VALUABLE COMMUNITY RESOURCE.THE LONGVIEW LIBRARY FOUNDATIONS MISSION, WORKING ALONGSIDE OUR COMMUNITY, IS TO PRESERVE THE PAST AND CREATE THE FUTURE FOR OUR PUBLIC LIBRARY AND THE THOUSANDS OF PEOPLE THAT MAKE USE OF IT EVERY YEAR. WE WANT TO EXPAND LITERACY, FOSTER CURIOSITY AND BROADEN THE LIBRARYS REACH THROUGH STRATEGIC INVESTMENTS IN ITS NEEDS. YOUR GIFT TO THE LONGVIEW LIBRARY FOUNDATION MAKES A BIG DIFFERENCE AND GIVES YOU AN OPPORTUNITY TO STAND FOR A VALUABLE COMMUNITY RESOURCE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
James Newkirk Secretary | 0 | $2,265 | |
Jacob Cole Library Director | OfficerTrustee | 1 | $0 |
Rosemary Powelson Bailey Board Member | OfficerTrustee | 1 | $0 |
Robert Bob Roth Treasurer | OfficerTrustee | 4 | $0 |
Angela Abel Boardmember Development | 1 | $0 | |
Kate Altenhof-Long Boardmember Development | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $137,019 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $137,019 |
| Total Program Service Revenue | $0 |
| Investment income | $52,238 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $2,539 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$36,044 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $155,752 |
| 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 | $4,219 |
| 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 | $550 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $15,168 |
| 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 | $0 |
| Total functional expenses | $123,769 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $45,190 |
| Savings and temporary cash investments | $84,730 |
| 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 | $3,156,449 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $3,286,369 |
| 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 | $3,286,369 |
| 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 | $3,286,369 |