Free Library Of New Hope & Solebury

Organization Overview

Free Library Of New Hope & Solebury is located in New Hope, PA. The organization was established in 1950. According to its NTEE Classification (B70) the organization is classified as: Libraries, under the broad grouping of Education and related organizations. As of 12/2021, Free Library Of New Hope & Solebury employed 5 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Free Library Of New Hope & Solebury 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 12/2021, Free Library Of New Hope & Solebury generated $363.1k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (8.6%) each year. All expenses for the organization totaled $295.1k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

GENERAL LIBRARY SERVICES (INCLUDING CLASSIC BOOKS)

Describe the Organization's Program Activity:

Part 3 - Line 4a

THE FREE LIBRARY OF NEW HOPE AND SOLEBURY IS A PA FORWARD GOLD STAR LIBRARY THAT HAS PROVIDED EXCELLENT LIBRARY SERVICES TO THE PUBLIC FOR OVER 100 YEARS. USERS ARE GRANTED FREE AND EQUAL ACCESS TO A LARGE COLLECTION OF CHILDREN'S AND ADULT BOOKS, AUDIOBOOKS, DVDS, NEWSPAPERS, AND MAGAZINES. ADDITIONALLY, THE LIBRARY OFFERS A NON-TRADITIONAL COLLECTION OF AN ONLINE E-LIBRARY, BUSINESS AND CONSUMER DATABASES, MUSEUM PASSES, PRELOADED TABLETS, KINDLES AND S.T.E.A.M. KITS. FREE WIRELESS ACCESS AND PUBLIC USE COMPUTERS AS WELL AS EDUCATIONAL AND ENTERTAINING PROGRAMMING FOR ALL AGES ROUND OUT THE OFFERINGS. AS A MEMBER OF THE BUCKS COUNTY LIBRARY SYSTEM, THE LIBRARY HAS RECIPROCAL BORROWING PRIVILEGES WITH OTHER AREA LIBRARIES AND ACROSS THE COUNTRY, WHICH ENHANCES ITS USER SERVICES. SEE SCHEDULE O FOR CONTINUATION. A PROFESSIONAL STAFF PROVIDES REFERENCE GUIDANCE, READER'S ADVISORY SERVICES AND COMPUTER ASSISTANCE.


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Board, Officers & Key Employees

Name (title)Compensation
Connie Hillman
Director
$70,000
Doug Brindley
President
$0
Joanne Reszka
Vice President
$0
John Schuster
Treasurer
$0
Liz Jordan
Secretary
$0
Deirdre Alderfer
Board Trustee
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$3,832
Related organizations$0
Government grants $229,298
All other contributions, gifts, grants, and similar amounts not included above$96,595
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$329,725
Total Program Service Revenue$2,193
Investment income $27,327
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 $363,142

Grants Recieved

Over the last fiscal year, we have identified 8 grants that Free Library Of New Hope & Solebury has recieved totaling $27,665.

Awarding OrganizationAmount
Bucks County Free Library

Doylestown, PA

PURPOSE: SUPP FIN SUPPORT

$18,617
Ge Foundation

Norwalk, CT

PURPOSE: MATCHING GIFTS

$4,000
Haley Foundation

New Hope, PA

PURPOSE: OPERATING FUNDS

$3,500
Kerr Family Foundation

New Hope, PA

PURPOSE: NO RESTRICTIONS

$1,000
Pearl Family Foundation Inc

Wilmington, DE

PURPOSE: GENERAL & UNRESTRICTED

$250
Bbla Foundation Inc

New Hope, PA

PURPOSE: NO RESTRICTIONS

$200
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$129,641
Earnings$17,429
Other Expense-$5,700
Ending Balance$141,370

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