Friends Of Westwood Library A Branch Of L A Public Library
- Assets
- $479.6k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Los Angeles, CA
- Founding
- 12/2004
- Data as of
- 12/2023
- EIN
- 51-0529942
Organization Overview
Friends Of Westwood Library A Branch Of L A Public Library is located in Los Angeles, CA. The organization was established in 2004. According to its NTEE Classification (B70) the organization is classified as: Libraries, 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 Westwood Library A Branch Of L A Public 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 12/2023, Friends Of Westwood Library A Branch Of L A Public Library generated $50.2k in total revenue. The organization has seen a slow decline revenue. Over the past 9 years, revenues have fallen by an average of (2.8%) each year. All expenses for the organization totaled $31.2k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (8.4%) 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
DIRECT SUPPORT FOR BOOKS, SUPPLIES, AND PROGRAMS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Chris Combs President | 4 | $0 | |
Gordon Fell Treasurer | 4 | $0 | |
Steve Sann Director | 2 | $0 | |
Sam Yebri Director | 2 | $0 | |
S P Harper Director | 2 | $0 | |
Linda Blank Director | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $27,518 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $8,511 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $14,217 |
| Total Revenue | $50,246 |
| 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 | $1,280 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $14,852 |
| Total expenses | $31,226 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $479,059 |
| Other assets | $0 |
| Total assets | $479,566 |
| Total liabilities | $959 |
| Net assets or fund balances | $478,607 |