Friends Of Bedford Public Library
- Assets
- $133.8k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Bedford, MA
- Founding
- 11/1997
- Data as of
- 10/2024
- EIN
- 04-3372862
Organization Overview
Friends Of Bedford Public Library is located in Bedford, MA. The organization was established in 1997. According to its NTEE Classification (T30) the organization is classified as: Public Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Friends Of Bedford Public 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 10/2024, Friends Of Bedford Public Library generated $32.5k in total revenue. The organization has seen a slow decline revenue. Over the past 9 years, revenues have fallen by an average of (2.8%) each year. All expenses for the organization totaled $33.6k during the year ending 10/2024. As we would expect to see with falling revenues, expenses have declined by (1.7%) per year over the past 9 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 |
|---|---|---|---|
Bonnie Kelly Co-President And Director | 3 | $0 | |
Susan Rogalski Co-President And Director | 3 | $0 | |
Margaret Jackson Vice President And Director | 5 | $0 | |
Joel Shwimer Treasurer | 5 | $0 | |
Linda Connelly Secretary | 1 | $0 | |
Beverley Matthews Director | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $3,624 |
| Total Program Service Revenue | $0 |
| Membership dues | $3,106 |
| Investment income | $4,364 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $204 |
| Total Revenue | $32,488 |
| 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 | $0 |
| Other expenses | $33,552 |
| Total expenses | $33,552 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $133,845 |
| Other assets | $0 |
| Total assets | $133,845 |
| Total liabilities | $0 |
| Net assets or fund balances | $133,845 |