The Friends Of The Cupertino Library
- Assets
- $98.0k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Cupertino, CA
- Founding
- 05/1999
- Data as of
- 03/2024
- EIN
- 23-7418223
Organization Overview
The Friends Of The Cupertino Library is located in Cupertino, CA. The organization was established in 1999. According to its NTEE Classification (B12) the organization is classified as: Fund Raising & Fund Distribution, 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 Cupertino 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 03/2024, Friends Of The Cupertino Library generated $57.2k 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 (3.5%) each year. All expenses for the organization totaled $41.3k during the year ending 03/2024. As we would expect to see with falling revenues, expenses have declined by (12.9%) per year over the past 5 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2024
Describe the Organization's Program Activity:
Part 3
THE FRIENDS FUNDED APPROXIMATELY 50 PROGRAMS ASSOCIATED WITH THE CUPERTINO LIBRARY. THESE FOCUS ON ENCOURAGING READING FOR CHILDREN AND ADULTS. MAJOR PROGRAMS ARE: SUMMER READING PROGRAMS FOR CHILDREN, ADULTS, AND FOREIGNERS : $10,734. BOOK MOBILE TO SERVICE REMOTE AREAS: $8,000. CHILDREN'S PROGRAMS AND SUPPLIES: $5,000.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Adrienne Harber President | 5 | $0 | |
Patricia Parsons Vice President | 8 | $0 | |
Bruce Parsons Treasurer | 10 | $0 | |
Maggie Shaffer Secretary | 3 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $12,070 |
| Total Program Service Revenue | $0 |
| Membership dues | $560 |
| Investment income | $72 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $57,222 |
| 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 | $100 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $259 |
| Other expenses | $1,084 |
| Total expenses | $41,290 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $98,039 |
| Other assets | $0 |
| Total assets | $98,039 |
| Total liabilities | $0 |
| Net assets or fund balances | $98,039 |