Friends Of The Borrego Springs Library
- Assets
- $55.1k
- Revenue
- $25.8k
- Investments
- $0.0
- Employees
- 0
- Location
- Borrego Springs, CA
- Founding
- 05/2006
- Data as of
- 12/2019
- EIN
- 33-0953624
Organization Overview
Friends Of The Borrego Springs Library is located in Borrego Springs, CA. The organization was established in 2006. According to its NTEE Classification (T12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Friends Of The Borrego Springs 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 12/2019, Friends Of The Borrego Springs Library generated $25.8k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 3 years, the organization has seen revenues fall by an average of (52.2%) each year. All expenses for the organization totaled $19.1k during the year ending 12/2019. 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
2019
Describe the Organization's Mission:
Part 3 - Line 1
SUPPORT FOR NEW LIBRARY FOR ADULT AND CHILDREN PROGRAMS AND BOOK SALES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROGRAM FOR ADULTS AND CHILDRENSUMMER YOUTH PROGRAMS, MUSIC, DANCE, CRAFTS, CHESS SUPPLIES, STORYTELLING FOR APPROXIMATELY 500 CHILDREN.ADULT ENRICHENT PROGRAMS-TRAVEL PROGRAMS, HEALTH, CURRENT EVENTS-APPROXIMATELY 1000 ADULTS.
DONATIONS TO SPONSER USED BOOK SALES TO COMMUNITY.
PROVIDE COMPUTER, BOOKS TO LIBRARY PATRONS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Sherrilynn Polanco President | OfficerTrustee | 8 | $0 |
Sonja Mcgrath Treasurer | OfficerTrustee | 4 | $0 |
Larry Vescera Vice President | OfficerTrustee | 4 | $0 |
Larry Gilstrap Secretary | OfficerTrustee | 4 | $0 |
Dale Jones Director | Trustee | 4 | $0 |
Paul Schuessler Director | Trustee | 4 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $11,560 |
| Fundraising events | $5,926 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,058 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $18,544 |
| Total Program Service Revenue | $7,103 |
| Investment income | $164 |
| 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 | $25,811 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $2,930 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $1,500 |
| Advertising and promotion | $0 |
| Office expenses | $675 |
| Information technology | $5,006 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $763 |
| Total functional expenses | $19,089 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $42,248 |
| Savings and temporary cash investments | $12,893 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $55,141 |
| Accounts payable and accrued expenses | $0 |
| 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 | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $55,141 |
| 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 | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $55,141 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Friends Of The Borrego Springs Library has recieved totaling $20.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $20 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Eat Learn Play Foundation Oakland, CA | $9,809,770 | $13,607,001 |
Cilhaas Supporting Foundation Alameda, CA | $0 | $0 |
Jacquie Foundation Incline Village, NV | $0 | -$1,353,234 |
Patricia And Paul Bragg Foundation Santa Barbara, CA | $96,344,460 | $2,462,516 |
Devto Support Foundation Newport Beach, CA | $95,101,323 | $1,275,327 |
Rodan & Fields Prescription For Change Foundation San Francisco, CA | $4,001,646 | $2,863,722 |
Mz Foundation San Francisco, CA | $44,105,186 | $1,119,650 |
Northridge Hospital Foundation Northridge, CA | $34,105,593 | $7,650,276 |
Ares Charitable Foundation Los Angeles, CA | $1,939,560 | $4,941,400 |
Kickstart-International Inc San Francisco, CA | $2,914,989 | $3,617,349 |
University Of Guadalajara Foundation In The United States Of Los Angeles, CA | $8,274,391 | $1,984,726 |
Saddleback Memorial Foundation Laguna Hills, CA | $173,885,184 | $12,310,516 |