Friends Of The Library Montgomery County Md Inc
- Assets
- $453.2k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Bethesda, MD
- Founding
- 12/1995
- Data as of
- 06/2018
- EIN
- 52-1762392
Organization Overview
Friends Of The Library Montgomery County Md Inc is located in Bethesda, MD. The organization was established in 1995. 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 a subordinate organization within an affiliated group for tax-exemption purposes. Friends Of The Library Montgomery County MD 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 06/2018, Friends Of The Library Montgomery County MD Inc generated $11.5k 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 (67.4%) each year. All expenses for the organization totaled $41.3k during the year ending 06/2018. 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
2018
Describe the Organization's Mission:
Part 3 - Line 1
SUPPORTING LITTLE FALLS LIBRARY LOCATED IN MONTGOMERY COUNTY, MD
Describe the Organization's Program Activity:
Part 3
PROVIDING SUPPORT AND ENHANCEMENTS TO THE LITTLE FALLS LIBRARY AND THE COMMUNITY LOCATED IN MONTGOMERY COUNTY, MARYLAND.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jane Snyder President | 3 | $0 | |
Katie Peters Vice-President | 0.5 | $0 | |
Troy Barsky Treasurer | 2 | $0 | |
Diane Mesirow Book Sales | 2 | $0 | |
Elizabeth Redisch Board Member | 0.5 | $0 | |
Sally Bosken Board Member | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $7,371 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $1,194 |
| Gain or Loss | $2,969 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $11,534 |
| 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 | $1,493 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $39,782 |
| Total expenses | $41,275 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $453,213 |
| Other assets | $0 |
| Total assets | $453,213 |
| Total liabilities | $60 |
| Net assets or fund balances | $453,153 |