Morro Bay Friends Of The Library
- Assets
- $168.4k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Morro Bay, CA
- Founding
- 12/1982
- Data as of
- 12/2022
- EIN
- 95-3786266
Organization Overview
Morro Bay Friends Of The Library is located in Morro Bay, CA. The organization was established in 1982. 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. Morro Bay Friends Of The 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, Morro Bay Friends Of The Library generated $33.6k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (4.6%) each year. All expenses for the organization totaled $12.5k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (0.9%) per year over the past 6 years. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jan Goldman President | 1 | $0 | |
Alaine Steuk Treasurer | 3 | $0 | |
Natalie Ramos Vice President | 1 | $0 | |
Susan Mcelhinney Secretary | 1 | $0 | |
Joan Petersen Director | 1 | $0 | |
Jude Long Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $32,359 |
| Total Program Service Revenue | $0 |
| Membership dues | $1,235 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $33,594 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $12,522 |
| 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 | $0 |
| Other expenses | $0 |
| Total expenses | $12,522 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $168,449 |
| Other assets | $0 |
| Total assets | $168,449 |
| Total liabilities | $0 |
| Net assets or fund balances | $168,449 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Morro Bay Friends Of The Library has recieved totaling $22.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $22 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
River Charter Schools Clarksburg, CA | $6,835,428 | $11,158,967 |
Thomas Jefferson School Of Law San Diego, CA | $18,601,519 | $10,934,799 |
Csu Bakersfield Auxiliary For Sponsored Programs Administration Bakersfield, CA | $4,727,520 | $8,677,817 |
The University Foundation California State University Chico Chico, CA | $91,966,484 | $11,469,732 |
College For Certain Inc Oakland, CA | $162,300,050 | $19,960,533 |
San Tan Montessori School Inc Gilbert, AZ | $28,267,534 | $9,003,617 |
Nnh Support Reno, NV | $5,000 | $0 |
The Richard Nixon Foundation Yorba Linda, CA | $62,998,242 | $9,688,165 |
Great Basin College Foundation Elko, NV | $13,766,452 | $2,685,144 |
Ravenswood Education Foundation Menlo Park, CA | $10,833,886 | $9,405,979 |
University Foundation At Sacramento State Sacramento, CA | $93,463,770 | $14,749,605 |
Indian Institute Of Technology Kanpur Foundation Inc Palo Alto, CA | $2,445,670 | $9,032,117 |