Friends Of The Bernards Township Library
- Assets
- $100.3k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Basking Ridge, NJ
- Founding
- 05/1985
- Data as of
- 12/2023
- EIN
- 22-2578029
Organization Overview
Friends Of The Bernards Township Library is located in Basking Ridge, NJ. The organization was established in 1985. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Friends Of The Bernards Township 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 12/2023, Friends Of The Bernards Township Library generated $98.4k in total revenue. The organization has seen a slow decline revenue. Over the past 5 years, revenues have fallen by an average of (2.5%) each year. All expenses for the organization totaled $103.0k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (5.9%) per year over the past 5 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 |
|---|---|---|---|
Judy King President | 12 | $0 | |
Lisa Fortunato Vice President | 4 | $0 | |
Joseph Ryder Treasurer | 6 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $60,690 |
| Total Program Service Revenue | $35,593 |
| Membership dues | $0 |
| Investment income | $20 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $1,656 |
| Other Revenue | $0 |
| Total Revenue | $98,362 |
| 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 | $45,473 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $4,062 |
| Other expenses | $53,469 |
| Total expenses | $103,004 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $100,335 |
| Other assets | $0 |
| Total assets | $100,335 |
| Total liabilities | $0 |
| Net assets or fund balances | $100,335 |