Friends Of The Truckee Library Inc is located in Truckee, CA. The organization was established in 1996. 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. Friends Of The Truckee 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 12/2023, Friends Of The Truckee Library Inc generated $546.5k in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 45.3% each year . All expenses for the organization totaled $157.3k during the year ending 12/2023. While expenses have increased by 45.8% 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
SUPPORT OF THE TRUCKEE LIBRARY AND NEW LIBRARY BUILDING
Describe the Organization's Program Activity:
Part 3 - Line 4a
SUPPORT FOR THE PLANNING, COMMUNITY OUTREACH AND EVENTUAL CONSTRUCTION OF A NEW LIBRARY FACILITY FOR TRUCKEE
SUPPORT FOR THE TRUCKEE LIBRARY, SERVING EASTERN NEVADA COUNTY CA AND THE SURROUNDING REGION
| Name (title) | Role | Hours | Compensation | 
|---|---|---|---|
| April Cole | 40 | $97,916 | |
| Louise Zabriskie President | OfficerTrustee | 25 | $0 | 
| Amy Aves Vice President | OfficerTrustee | 8 | $0 | 
| Mary Ellen Clifford Treasurer | OfficerTrustee | 20 | $0 | 
| Rebecca Anderson Secretary | OfficerTrustee | 4 | $0 | 
| Nikki Dean Director | Trustee | 1 | $0 | 
| 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 | $543,056 | 
| Noncash contributions included in lines 1a–1f | $0 | 
| Total Revenue from Contributions, Gifts, Grants & Similar | $543,056 | 
| Total Program Service Revenue | $915 | 
| Investment income | $2,493 | 
| Tax Exempt Bond Proceeds | $0 | 
| Royalties | $0 | 
| Net Rental Income | $0 | 
| Net Gain/Loss on Asset Sales | $0 | 
| Net Income from Fundraising Events | $0 | 
| Net Income from Gaming Activities | $0 | 
| Net Income from Sales of Inventory | $0 | 
| Miscellaneous Revenue | $0 | 
| Total Revenue | $546,464 | 
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $5,941 | 
| 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. | $97,916 | 
| 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 | $7,736 | 
| Fees for services: Management | $1,698 | 
| Fees for services: Legal | $0 | 
| Fees for services: Accounting | $4,840 | 
| Fees for services: Lobbying | $0 | 
| Fees for services: Fundraising | $0 | 
| Fees for services: Investment Management | $452 | 
| Fees for services: Other | $5,720 | 
| Advertising and promotion | $14,280 | 
| 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 | $152 | 
| Interest | $0 | 
| Payments to affiliates | $0 | 
| Depreciation, depletion, and amortization | $0 | 
| Insurance | $1,573 | 
| All other expenses | $3,906 | 
| Total functional expenses | $157,348 | 
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $364,810 | 
| Savings and temporary cash investments | $377,270 | 
| Pledges and grants receivable | $10,297 | 
| 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 | $0 | 
| Investments—publicly traded securities | $400,956 | 
| Investments—other securities | $0 | 
| Investments—program-related | $0 | 
| Intangible assets | $0 | 
| Other assets | $0 | 
| Total assets | $1,153,333 | 
| Accounts payable and accrued expenses | $7,139 | 
| 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 | $0 | 
| Total liabilities | $7,139 | 
| Net assets without donor restrictions | $347,124 | 
| Net assets with donor restrictions | $799,070 | 
| 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 | $1,153,333 |