Friends Of The Tarpon Springs Public Library Inc
- Assets
- $631.4k
- Revenue
- $44.1k
- Investments
- $0.0
- Employees
- 0
- Location
- Tarpon Springs, FL
- Founding
- 07/1986
- Data as of
- 12/2021
- EIN
- 59-2696714
Organization Overview
Friends Of The Tarpon Springs Public Library Inc is located in Tarpon Springs, FL. The organization was established in 1986. 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 Tarpon Springs Public Library 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 12/2021, Friends Of The Tarpon Springs Public Library Inc generated $44.1k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 3.0% each year. All expenses for the organization totaled $46.2k during the year ending 12/2021. While expenses have increased by 1.6% per year over the past 7 years. They've been increasing with an increasing level of total revenue. 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
THIS ORGANIZATION EXISTS TO SUPPORT AWARENESS OF AND PROGRAMS FOR THE TARPON SPRINGS PUBLIC LIBRARY IN TARPON SPRINGS, FLORIDA.
Describe the Organization's Program Activity:
Part 3 - Line 4a
ADULT PROGRAMS: FUNDING FOR SPEAKERS, INSTRUCTORS AND MATERIALS TO PROVIDE PROGRAMS THE LIBRARY OFFERS TO SENIOR CITIZENS.
TARPON SPRINGS LIBRARY GRANTS: DIRECT SUPPORT OF LITERACY PROGRAMS OFFERED BY TARPON SPRINGS LIBRARY.
BUSINESS CENTER: PROVIDE SIGHT COURSES, REFERENCE MATERIALS, ONLINE DATA BASES, AND OTHER RELATED MATERIALS USED TO INVEST, DEVELOP, MARKET AND IMPROVE AREA BUSINESSES OFFERED AT THE TARPON SPRINGS PUBLIC LIBRARY. ALSO PROVIDE REFERENCE MATERIALS FOR INVESTORS.
YOUTH PROGRAMS & SCHOLARSHIPS: ACTIVITIES TO BRING CHILDREN INTO THE LIBRARY AND TO PROMOTE LITERACY AND CULTURAL EXPANSION. SOME SPECIFIC EXAMPLES ARE BOOKS FOR DISTRIBUTION AT THE TOWN HOLIDAY PARADE, CRATE ITEMS FOR TEEN EVENTS, FEES FOR THEATRICAL PRESENTATIONS. ALSO, TARPON SPRINGS AREA HIGH SCHOOL STUDENTS COMPETE FOR SCHOLASTIC RECOGNITION AND SCHOLARSHIPS PRESENTED BY THE TARPON SPRINGS LIBRARY. VOLUNTEER RECOGNITION: THE FRIENDS FUND HALF OF THE COST OF RECOGNITION OF VOLUNTEERS WHO HAVE WORKED IN EITHER THE LIBRARY OR FRIENDS OF THE LIBRARY EVENTS OR ACTIVITIES THROUGHOUT THE YEAR. EXPENSES INCLUDE REFRESHMENTS AND SMALL GIFTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Sherri Patterson Treasurer | Officer | 2 | $0 |
Sherry Orr Secretary | Officer | 1 | $0 |
Anne Todd Eisner Vice Preside | Officer | 1 | $0 |
Erika Sarris Past Preside | Officer | 1 | $0 |
Darlene Vatikiotis President | Officer | 2 | $0 |
Neila O'neill Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $10,270 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $10,270 |
| Total Program Service Revenue | $495 |
| Investment income | $7,640 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | -$5,055 |
| Net Gain/Loss on Asset Sales | $19,996 |
| Net Income from Fundraising Events | $8,142 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $44,094 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $39,096 |
| 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 | $890 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $5,069 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| 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 | $56 |
| Total functional expenses | $46,208 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $4,244 |
| Savings and temporary cash investments | $3,132 |
| 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 | $150,548 |
| Investments—publicly traded securities | $412,925 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $60,540 |
| Total assets | $631,389 |
| 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 | $1,299 |
| Total liabilities | $1,299 |
| Net assets without donor restrictions | $630,090 |
| 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 | $631,389 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Friends Of The Tarpon Springs Public Library Inc has recieved totaling $20.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $20 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Pinellas County Education Foundation Inc Largo, FL | $46,058,719 | $8,082,359 |
Hephzibah Charter Foundation Inc Hephzibah, GA | $10,181,498 | $8,307,126 |
Foundation Properties Inc Columbus, GA | $108,758,689 | $6,742,153 |
Georgia Student Scholarship Organization Sso Inc Cumming, GA | $4,146,288 | $9,720,252 |
Excelsior Academies Inc Miami, FL | $11,544,923 | $8,167,644 |
Brevard Schools Foundation Inc Viera, FL | $7,221,686 | $4,889,607 |
Imagine - South Broward Inc Sunrise, FL | $1,098,870 | $2,986,588 |
Pure Edge Inc Palm Beach, FL | $739,291 | $2,020,460 |
Alternative Education Foundation Inc Davie, FL | $702,527 | $2,696,201 |
Education Foundation Of Sarasota Co Unty Inc Sarasota, FL | $5,086,867 | $4,227,915 |
University Of Florida Development Corporation Gainesville, FL | $11,943,110 | $1,922,102 |
Learning Your Function Inc Land O Lakes, FL | $6,125,215 | $3,081,687 |