Lucy M Young Trust Fbo Public Library Blakely Georgia
- Assets
- $493.7k
- Revenue
- $87.1k
- Investments
- $110.6k
- Employees
- 0
- Location
- Lexington, KY
- Founding
- 05/1988
- Data as of
- 06/2024
- EIN
- 61-6145019
Organization Overview
Lucy M Young Trust Fbo Public Library Blakely Georgia is located in Lexington, KY. The organization was established in 1988. 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. Lucy M Young Trust Fbo Public Library Blakely Georgia 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 06/2024, Lucy M Young Trust Fbo Public Library Blakely Georgia generated $87.1k in total revenue. This represents relatively stable growth, over the past 4 years the organization has increased revenue by an average of 4.8% each year. All expenses for the organization totaled $405.8k during the year ending 06/2024. While expenses have increased by 8.1% per year over the past 4 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.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Barbara Young Trustee | 0.1 | $0 | |
Christopher Young Trustee | 0.1 | $0 | |
Hilton Houston Trustee | 0.1 | $0 | |
Michael Bynum Trustee | 0.1 | $0 | |
June Merritt Trustee | 0.1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $37 |
| Dividends & Interest | $87,017 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $87,054 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $28 |
| Taxes | $1,320 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $2,548 |
| Contributions, gifts, grants paid | $403,242 |
| Total expenses and disbursements | $405,790 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $383,090 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $493,703 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Lucy M Young Trust Fbo Public Library Blakely Georgia has awarded $403,242 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
WILLIAM T YOUNG FOUNDATION INC PURPOSE: GRANT UNDER IRC 4942(G)(3) | $363,242 |
LUCY HILTON MADDOX MEMORIAL LIBRARY PURPOSE: FUNDING OF LIBRARY BOOK COLLECTION | $40,000 |