Friends Of The Redwood Libraries
- Assets
- $96.0k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Eureka, CA
- Founding
- 11/1970
- Data as of
- 06/2023
- EIN
- 23-7087971
Organization Overview
Friends Of The Redwood Libraries is located in Eureka, CA. The organization was established in 1970. According to its NTEE Classification (B11) the organization is classified as: Single Organization Support, 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. Friends Of The Redwood Libraries 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 06/2023, Friends Of The Redwood Libraries generated $38.1k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (3.3%) each year. All expenses for the organization totaled $35.2k during the year ending 06/2023. As we would expect to see with falling revenues, expenses have declined by (3.3%) per year over the past 8 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 |
|---|---|---|---|
Debbie Reis President | 3.5 | $0 | |
Stephanie Hillman 1st VP | 10 | $0 | |
Donna Andersen 2nd VP | 1.5 | $0 | |
Abigail Ryan Recording Se | 2.5 | $0 | |
Barb Macturk Correspondin | 4 | $0 | |
Sandie Hazel Treasurer | 20 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $29,301 |
| Total Program Service Revenue | $46,548 |
| Membership dues | $2,718 |
| Investment income | $67 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | -$40,511 |
| Other Revenue | $0 |
| Total Revenue | $38,123 |
| 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 | $2,800 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $2,521 |
| Other expenses | $29,895 |
| Total expenses | $35,216 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $77,733 |
| Other assets | $0 |
| Total assets | $95,969 |
| Total liabilities | $1,300 |
| Net assets or fund balances | $94,669 |