Parsippany-Troy Hills Public Library Foundation Inc is located in Parsippany, NJ. The organization was established in 2009. 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. Parsippany-Troy Hills Public Library Foundation Inc 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, Parsippany-Troy Hills Public Library Foundation Inc generated $571.0 in total revenue. This represents a relatively dramatic decline in revenue. Over the past 9 years, the organization has seen revenues fall by an average of (28.2%) each year. All expenses for the organization totaled $1.4k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (22.5%) per year over the past 9 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
2023
Describe the Organization's Program Activity:
Part 3
SUPPORT CAPITAL IMPROVEMENTS, LITERACY, AND DIVERSITYAT THE PARSIPPANY-TROY HILLS PUBLIC LIBRARY ASSOCIATION.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Fred Preston Trustee | 0.25 | $0 | |
Hait Leuva Trustee | 0.25 | $0 | |
Melissa Kuzma Trustee | 0.25 | $0 | |
Cindy Czesak Trustee | 0.25 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $564 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $7 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $571 |
| 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 | $0 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $0 |
| Total expenses | $1,363 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $13,359 |
| Other assets | $0 |
| Total assets | $13,359 |
| Total liabilities | $0 |
| Net assets or fund balances | $13,359 |