Friends Of The Pacific Grove Public Library Inc
- Assets
- $232.3k
- Revenue
- $234.2k
- Investments
- $0.0
- Employees
- 0
- Location
- Pacific Grove, CA
- Founding
- 08/1985
- Data as of
- 12/2021
- EIN
- 77-0055748
Organization Overview
Friends Of The Pacific Grove Public Library Inc is located in Pacific Grove, CA. The organization was established in 1985. 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 Pacific Grove 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 Pacific Grove Public Library Inc generated $234.2k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 21.3% each year . All expenses for the organization totaled $87.6k during the year ending 12/2021. While expenses have increased by 2.7% 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
SUPPORT OF THE PACIFIC GROVE PUBLIC LIBRARY: THE MISSION OF THE FRIENDS OF THE PACIFIC GROVE PUBLIC LIBRARY IS TO ENCOURAGE AND MAINTAIN A BROAD-BASED MEMBERSHIP THAT IS SUPPORTIVE OF THE LIBRARY. THROUGH ITS FINANCIAL SUPPORT, THE FRIENDS WORKS WITH THE LIBRARY TO DEVELOP RESOURCES, LIBRARY SERVICES, AND FACILITIES FOR THE COMMUNITY. THE FRIENDS ACTIVELY RECRUITS LIBRARY PATRONS AND SOLICITS FUNDING FOR THE LIBRARY THROUGH MEMBERSHIP, DONATIONS, AND FUND RAISERS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE MISSION OF THE FRIENDS OF THE PACIFIC GROVE LIBRARY IS TO HELP ENSURE THAT OUR LIBRARY IS A THRIVING COMMUNITY CENTER FOR DISCOVERY AND LIFELONG LEARNING. WE COMMIT ANNUALLY TO FUND THE ACQUISITION OF BOOKS AND MATERIALS AND TO SUPPORT CHILDRENB
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Linda Pagnella Vice President | OfficerTrustee | 4 | $0 |
Kim Bui President | OfficerTrustee | 10 | $0 |
Abby Pfeiffer Secretary | OfficerTrustee | 4 | $0 |
Judy Wills Treasurer | OfficerTrustee | 10 | $0 |
Dennis Mar Director | Trustee | 2 | $0 |
Gail Abeloe Director | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $234,035 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $234,035 |
| Total Program Service Revenue | $0 |
| Investment income | $138 |
| 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 | $234,173 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $75,354 |
| 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 | $330 |
| Fees for services: Accounting | $573 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $4,113 |
| Office expenses | $820 |
| 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 | $1,618 |
| All other expenses | $60 |
| Total functional expenses | $87,630 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $232,304 |
| Savings and temporary cash investments | $0 |
| 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 | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $232,304 |
| 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 | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $0 |
| 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 | $232,304 |
| Total liabilities and net assets/fund balances | $232,304 |
Grants Awarded
Over the last fiscal year, Friends Of The Pacific Grove Public Library Inc has awarded $187,141 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
Pacific Grove, CA | | $177,012 |
Pacific Grove, CA | | $10,129 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Friends Of The Pacific Grove Public Library Inc has recieved totaling $215.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $215 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
River Charter Schools Clarksburg, CA | $6,835,428 | $11,158,967 |
Thomas Jefferson School Of Law San Diego, CA | $18,601,519 | $10,934,799 |
Csu Bakersfield Auxiliary For Sponsored Programs Administration Bakersfield, CA | $4,727,520 | $8,677,817 |
The University Foundation California State University Chico Chico, CA | $91,966,484 | $11,469,732 |
College For Certain Inc Oakland, CA | $162,300,050 | $19,960,533 |
San Tan Montessori School Inc Gilbert, AZ | $28,267,534 | $9,003,617 |
Nnh Support Reno, NV | $5,000 | $0 |
The Richard Nixon Foundation Yorba Linda, CA | $62,998,242 | $9,688,165 |
Great Basin College Foundation Elko, NV | $13,766,452 | $2,685,144 |
Ravenswood Education Foundation Menlo Park, CA | $10,833,886 | $9,405,979 |
University Foundation At Sacramento State Sacramento, CA | $93,463,770 | $14,749,605 |
Indian Institute Of Technology Kanpur Foundation Inc Palo Alto, CA | $2,445,670 | $9,032,117 |