Concord Public Library Foundation Of Concord Nh
- Assets
- $886.2k
- Revenue
- $64.6k
- Investments
- $0.0
- Employees
- 0
- Location
- Concord, NH
- Founding
- 02/1964
- Data as of
- 06/2022
- EIN
- 02-6004782
Organization Overview
Concord Public Library Foundation Of Concord Nh is located in Concord, NH. The organization was established in 1964. 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. Concord Public Library Foundation Of Concord NH 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, Concord Public Library Foundation Of Concord NH generated $64.6k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 2.8% each year. All expenses for the organization totaled $36.8k during the year ending 06/2022. While expenses have increased by 0.3% 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
TO RAISE, ACCEPT AND MANAGE CHARITABLE FUNDS DEDICATED TO THE ADVANCEMENT OF LIBRARY SERVICES AND FACILITES IN THE CITY OF CONCORD AND TO SUPPORT AND ASSIST THE CITY'S PUBLIC LIBRARY IN ITS DELIVERY OF MATERIALS, PROGRAMMING, EVENTS AND OTHER LIBRARY ACTIVITIES TO THE COMMUNITY IN CONCORD.
Describe the Organization's Program Activity:
Part 3 - Line 4a
FUNDING LIBRARY FACILITY AND PROGRAMMING NEEDS INCLUDING GRANTS TO CONCORD PUBLIC LIBRARY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
John Ransmeier Director | OfficerTrustee | 0.46 | $0 |
Wendy Follansbee Secretary | OfficerTrustee | 0.77 | $0 |
Reagan Bissonnette President | OfficerTrustee | 0.85 | $0 |
Liza Poinier Treasurer | OfficerTrustee | 0.77 | $0 |
Rebecca Farver Director | Trustee | 0.75 | $0 |
George Geers Director | Trustee | 0.15 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $27,302 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $27,302 |
| Total Program Service Revenue | $0 |
| Investment income | $17,377 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $19,887 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $64,566 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $14,741 |
| 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 | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $5,940 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $1,603 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $9,631 |
| Fees for services: Other | $140 |
| Advertising and promotion | $860 |
| Office expenses | $3,924 |
| 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 | $36,839 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $58,004 |
| 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 | $828,221 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $886,225 |
| 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 | $818,014 |
| Net assets with donor restrictions | $68,211 |
| 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 | $886,225 |
Grants Awarded
Over the last fiscal year, Concord Public Library Foundation Of Concord Nh has awarded $37,500 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
CONCORD PUBLIC LIBRARY PURPOSE: LIBRARY PROGRAMS | $22,500 |
ORG FOR REFUGEE & IMMIGRANT SUCCESS PURPOSE: REFUGEE LITERACY | $15,000 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Concord Public Library Foundation Of Concord Nh has recieved totaling $2,000.
| Awarding Organization | Amount |
|---|---|
Bagan Foundation Concord, NH PURPOSE: SUPPORT OF THE CHILDREN'S ROOM MULTI-CULTURAL COLLECTION | $2,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Trustees Of The Public Library Of The City Of Boston Boston, MA | $99,754,907 | $16,249,859 |
Lord Foundation Of Massachusetts Inc Cambridge, MA | $0 | $665,000 |
Mit International Inc Cambridge, MA | $42,886,000 | $6,428,000 |
Concord Consortium Inc Concord, MA | $4,473,971 | $11,489,391 |
Charles E Cotting Charitable Corp Boston, MA | $113,711,021 | $14,477,400 |
Wcs - 333 South Street Inc Shrewsbury, MA | $39,740,486 | $7,489,378 |
Board Of Regents Of Higher Ed Mass Tchrs Assoc H & W Fund Milton, MA | $6,201,016 | $7,705,750 |
Salem State University Foundation Inc Salem, MA | $50,036,671 | $9,786,265 |
Harvard Global Research And Support Services Inc Cambridge, MA | $4,102,783 | $7,593,070 |
Phemus Corporation Boston, MA | $816,479,515 | $2,564,792 |
The Schott Foundation For Public Education Cambridge, MA | $15,969,642 | $12,715,435 |
St Sebastians School Fund Inc Needham, MA | $80,855,247 | $9,974,980 |