Bayville Free Library
- Assets
- $4.0m
- Revenue
- $686.8k
- Investments
- $0.0
- Employees
- 16
- Location
- Bayville, NY
- Founding
- 10/1980
- Data as of
- 05/2024
- EIN
- 11-1807507
Organization Overview
Bayville Free Library is located in Bayville, NY. The organization was established in 1980. As of 05/2024, Bayville Free Library employed 16 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Bayville Free 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 05/2024, Bayville Free Library generated $686.8k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (23.2%) each year. All expenses for the organization totaled $638.7k during the year ending 05/2024. 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
2024
Describe the Organization's Mission:
Part 3 - Line 1
PROVIDE LIBRARY SERVICES TO THE RESIDENTS OF THE INCORPORATED VILLAGE OF BAYVILLE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDE LIBRARY PROGRAMS FOR PUBLIC AND COMMUNITY SERVICE.
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 |
|---|---|---|---|
Ashley Birbal Director | 35 | $57,436 | |
Jen Farrell Trustee | Trustee | 1 | $0 |
Ellen Garrison Trustee | Trustee | 1 | $0 |
Jason Pileggi Trustee | Trustee | 1 | $0 |
Patricia Pileggi Treasurer | OfficerTrustee | 1 | $0 |
Katherine Schlicht Co-President | OfficerTrustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $619,998 |
| All other contributions, gifts, grants, and similar amounts not included above | $3,389 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $623,387 |
| Total Program Service Revenue | $3,265 |
| Investment income | $60,120 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $686,772 |
| 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. | $57,436 |
| Compensation of current officers, directors, key employees. | $57,436 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $249,082 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $51,133 |
| Payroll taxes | $22,582 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $10,032 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $13,484 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $10,899 |
| Information technology | $3,294 |
| Royalties | $0 |
| Occupancy | $25,527 |
| Travel | $657 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $215 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $78,917 |
| Insurance | $10,280 |
| All other expenses | $2,263 |
| Total functional expenses | $638,703 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $59,001 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $27,929 |
| Accounts receivable, net | $106,922 |
| 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 | $4,688 |
| Net Land, buildings, and equipment | $2,271,923 |
| Investments—publicly traded securities | $1,531,825 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $5,000 |
| Total assets | $4,007,288 |
| Accounts payable and accrued expenses | $12,395 |
| 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 | $5,000 |
| Total liabilities | $17,395 |
| Net assets without donor restrictions | $0 |
| 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 | $1,717,970 |
| Retained earnings, endowment, accumulated income, or other funds | $2,271,923 |
| Total liabilities and net assets/fund balances | $4,007,288 |