Fremont County Library Foundation Inc is located in Lander, WY. The organization was established in 1980. 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. Fremont County Library Foundation 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 06/2024, Fremont County Library Foundation Inc generated $65.1k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (35.8%) each year. All expenses for the organization totaled $60.7k during the year ending 06/2024. You can explore the organizations financials more deeply in the financial statements section below.
Since 2023, Fremont County Library Foundation Inc has awarded 24 individual grants totaling $110,327. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2024
Describe the Organization's Mission:
Part 3 - Line 1
THE FOUNDATION COLLECTS CONTRIBUTIONS AND MANAGES FUNDS IN AN ENDOWMENT FUND TO SUPPORT COUNTY LIBRARIES
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE FOUNDATION RECEIVES DONATIONS FROM COUNTY CITIZENS AND BUSINESSES
| Name (title) | Role | Hours | Compensation | 
|---|---|---|---|
| Cody Beers President | OfficerTrustee | 2 | $0 | 
| Ernie Over Vice Pres | OfficerTrustee | 1 | $0 | 
| Michele Burdic Secretary | OfficerTrustee | 1 | $0 | 
| Jane Lynn Treasurer | OfficerTrustee | 1 | $0 | 
| Gloria Brodle Director | Trustee | 1 | $0 | 
| Shari Haskins 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 | $4,762 | 
| Noncash contributions included in lines 1a–1f | $0 | 
| Total Revenue from Contributions, Gifts, Grants & Similar | $4,762 | 
| Total Program Service Revenue | $0 | 
| Investment income | $56,961 | 
| Tax Exempt Bond Proceeds | $0 | 
| Royalties | $0 | 
| Net Rental Income | $0 | 
| Net Gain/Loss on Asset Sales | $3,421 | 
| Net Income from Fundraising Events | $0 | 
| Net Income from Gaming Activities | $0 | 
| Net Income from Sales of Inventory | $0 | 
| Miscellaneous Revenue | $0 | 
| Total Revenue | $65,144 | 
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $51,360 | 
| 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 | $1,375 | 
| Fees for services: Lobbying | $0 | 
| Fees for services: Fundraising | $0 | 
| Fees for services: Investment Management | $6,531 | 
| Fees for services: Other | $0 | 
| Advertising and promotion | $483 | 
| Office expenses | $108 | 
| 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 | $718 | 
| All other expenses | $0 | 
| Total functional expenses | $60,718 | 
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $8,302 | 
| 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 | $2,118,908 | 
| Investments—other securities | $0 | 
| Investments—program-related | $0 | 
| Intangible assets | $0 | 
| Other assets | $0 | 
| Total assets | $2,127,210 | 
| 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 | $2,127,210 | 
| 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 | $2,127,210 | 
Over the last fiscal year, Fremont County Library Foundation Inc has awarded $51,360 in support to 12 organizations.
| Grant Recipient | Amount | 
|---|---|
| FRE CO LIBRARIES PURPOSE: SUPPORT | $51,360 |