Field Memorial Library
- Assets
- $662.4k
- Revenue
- $67.7k
- Investments
- $166.2k
- Employees
- 0
- Location
- Conway, MA
- Founding
- 10/1940
- Data as of
- 12/2022
- EIN
- 04-2103768
Organization Overview
Field Memorial Library is located in Conway, MA. The organization was established in 1940. According to its NTEE Classification (B70) the organization is classified as: Libraries, 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. Field Memorial 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, Field Memorial Library generated $67.7k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 2.2% each year. All expenses for the organization totaled $81.0k during the year ending 12/2022. While expenses have increased by 4.5% per year over the past 8 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
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
OPERATION OF A PUBLIC LIBRARY
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Howard Boyden Chairmanpresident | 1 | $0 | |
Christine Eugin Treasurer | 1 | $0 | |
Nat Cohen Clerk | 1 | $0 | |
Joanne Clapp Trustee | 1 | $0 | |
Alice Herrmann Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $56,107 |
| Interest on Savings | $2,408 |
| Dividends & Interest | $8,847 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $340 |
| Total Revenue | $67,702 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $31,757 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $2,546 |
| Depreciation | $5,710 |
| Occupancy | $34,598 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $4,861 |
| Total operating and administrative expenses | $81,047 |
| Contributions, gifts, grants paid | $0 |
| Total expenses and disbursements | $81,047 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $6,035 |
| Savings and temporary cash investments | $276,451 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $10,000 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $164,750 |
| Net Land, buildings, and equipment | $203,673 |
| Other assets | $0 |
| Total assets | $662,370 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $1,608 |
| Total liabilities | $1,608 |