Friends Of The Glendora Library
- Assets
- $1.7m
- Revenue
- $357.6k
- Investments
- $0.0
- Employees
- 3
- Location
- Glendora, CA
- Founding
- 05/1984
- Data as of
- 06/2022
- EIN
- 95-3900705
Organization Overview
Friends Of The Glendora Library is located in Glendora, CA. The organization was established in 1984. As of 06/2022, Friends Of The Glendora Library employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Friends Of The Glendora 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 06/2022, Friends Of The Glendora Library generated $357.6k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 3.1% each year. All expenses for the organization totaled $250.5k during the year ending 06/2022. While expenses have increased by 0.6% per year over the past 7 years. They've been increasing with an increasing level of total revenue. 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
PROVIDES FINANCIAL AND VOLUNTEER SUPPORT TO THE GLENDORA PUBLIC LIBRARY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
READING PROGRAMS FOR YOUTH AND ADULT LITERACY. VOLUNTEER BASED PROGRAMS FOR CHILDREN IN THE SUMMER AND YEAR-ROUND PROGRAMS FOR ADULTS AND CHILDREN TO ENCOURAGE AND ASSIST IN THE DEVELOPMENT OF IMPROVED READING SKILLS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Robert Gutzwiller President | OfficerTrustee | 4 | $0 |
Joe Cina Vice President | OfficerTrustee | 4 | $0 |
Mary Kathy Boyer Treasurer | OfficerTrustee | 4 | $0 |
Thom Hill Secretary | OfficerTrustee | 4 | $0 |
Laura Launchbaugh VP Fund Development | OfficerTrustee | 4 | $0 |
Dlorah Gonzales Member | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $23,112 |
| Related organizations | $0 |
| Government grants | $19,800 |
| All other contributions, gifts, grants, and similar amounts not included above | $148,744 |
| Noncash contributions included in lines 1a–1f | $39,703 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $191,656 |
| Total Program Service Revenue | $0 |
| Investment income | $91,638 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $58,013 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $16,325 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $357,632 |
| 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. | $67,439 |
| Compensation of current officers, directors, key employees. | $67,439 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $7,291 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $28,952 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $4,686 |
| Fees for services: Other | $7,950 |
| Advertising and promotion | $4,164 |
| Office expenses | $5,898 |
| Information technology | $1,083 |
| 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 | $708 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $2,845 |
| All other expenses | $911 |
| Total functional expenses | $250,525 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $135,039 |
| Savings and temporary cash investments | $113,898 |
| 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 | $1,424,828 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,673,765 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $40,299 |
| 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 | $40,299 |
| Net assets without donor restrictions | $1,633,466 |
| 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 | $1,673,765 |