Acton Memorial Library Foundation Inc
- Assets
- $70.2k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Acton, MA
- Founding
- 05/1992
- Data as of
- 12/2023
- EIN
- 04-3121101
Organization Overview
Acton Memorial Library Foundation Inc is located in Acton, MA. The organization was established in 1992. According to its NTEE Classification (B83) the organization is classified as: Student Sororities & Fraternities, 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. Acton Memorial Library Foundation Inc 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 12/2023, Acton Memorial Library Foundation Inc generated $40.2k in total revenue. The organization has seen a slow decline revenue. Over the past 5 years, revenues have fallen by an average of (2.6%) each year. All expenses for the organization totaled $55.1k during the year ending 12/2023. 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
2023
Describe the Organization's Program Activity:
Part 3
PROVIDE FUNDING FOR PURCHASES IN THE REFERENCE, AUDIOVISUAL, CHILDREN'S, COLLECTION BUILDING, TECHNOLOGY DEPARTMENTS AND PROGRAMS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Greg Costigan Director | 1 | $0 | |
Andrew J Holt Jr Director | 1 | $0 | |
Julia Larkin Director | 3 | $0 | |
Karen Maroni Director | 1 | $0 | |
Suzanne Shanahan Director | 1 | $0 | |
Andrea Sorgi Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $39,870 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $376 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $40,246 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| 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 | $4,072 |
| Other expenses | $574 |
| Total expenses | $55,064 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $70,208 |
| Other assets | $0 |
| Total assets | $70,208 |
| Total liabilities | $5 |
| Net assets or fund balances | $70,203 |