Friends Of The Homer Public Library
- Assets
- $310.5k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Homer, AK
- Founding
- 08/1987
- Data as of
- 12/2022
- EIN
- 92-0092030
Organization Overview
Friends Of The Homer Public Library is located in Homer, AK. The organization was established in 1987. 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 Homer Public 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 12/2022, Friends Of The Homer Public Library generated $65.4k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (2.9%) each year. All expenses for the organization totaled $46.8k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (6.1%) 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
PROVIDE VOLUNTEER SUPPORT FOR LIBRARY PROGRAMS AND SERVICES, RAISE FUNDS TO ENRRICH THE LIBRARY EXPERIENCE, PROMOTE USE AND ENJOYMENT OF THE LIBRARY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Marylou Burton Treasurer | 5 | $0 | |
Lynn Maslow President | 5 | $0 | |
Judy Gonsalves Vice Preside | 5 | $0 | |
Sara Rerinert Director | 5 | $0 | |
Sarah Brewer Director | 5 | $0 | |
Dave Berry Director | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $56,179 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $337 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $6,144 |
| Other Revenue | $763 |
| Total Revenue | $65,386 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $20,523 |
| Professional fees and other payments to independent contractors | $365 |
| Occupancy, rent, utilities, and maintenance | $445 |
| Printing, publications, postage, and shipping | $264 |
| Other expenses | $25,242 |
| Total expenses | $46,839 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $310,502 |
| Other assets | $0 |
| Total assets | $310,502 |
| Total liabilities | $270 |
| Net assets or fund balances | $310,232 |