Friends Of Cherry Valley Library
- Assets
- $77.9k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Petaluma, CA
- Founding
- 06/1984
- Data as of
- 06/2023
- EIN
- 94-2789687
Organization Overview
Friends Of Cherry Valley Library is located in Petaluma, CA. The organization was established in 1984. 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 Cherry Valley Library 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 06/2023, Friends Of Cherry Valley Library generated $42.5k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 1.5% each year. All expenses for the organization totaled $39.3k during the year ending 06/2023. While expenses have increased by 3.4% per year over the past 8 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
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
THE CHERRY VALLEY SCHOOL BECAME A CHARTER SCHOOL IN THE LATE 1990'S; AND ALTHOUGH STILL A PART OF PETALUMA CITY SCHOOL DISTRICT, DOES NOT RECEIVE THE FUNDING THAT IT DID AT ONE TIME. THE FRIENDS OF CHERRY VALLEY LIBRARY'S BIGGEST ACHIEVEMENT HAS BEEN TO PAY PART OF THE LIBRARIAN'S SALARY TO ALLOW FOR FULL-TIME SERVICES, TO PURCHASE BOOKS, AND TO PROVIDE LITERARY EVENTS AND SUPPLIES.BY HAVING A FULL-TIME LIBRARIAN THE LIBRARY IS ABLE TO STAY OPEN ALL DAY WHEN SCHOOL IS IN SESSION, FROM 8 UNTIL 3:30. THIS ALLOWS A PLACE FOR CHILDREN AND FAMILIES TO GATHER BEFORE AND AFTER SCHOOL, AS WELL AS A PLACE FOR CHILDREN DURING THEIR LUNCH AND RECESS BREAKS. EACH CLASSROOM HAS A SCHEDULED WEEKLY VISIT TO THE LIBRARY. TEACHERS USE THE LIBRARY TO SUPPORT THEIR CURRICULUM AND CLASSROOM ACTIVITIES. THE LIBRARIAN TEACHES A BOOK CLUB ELECTIVE CLASS TO THE 6-8 GRADE CHILDREN. THE FCVL HAS A RELATIONSHIP WITH SONOMA STATE UNIVERSITY'S CREDENTIALED PROGRAM AND STUDENT TEACHERS ALLOWING USE OF LIBRARY TO SUPPORT THEIR EDUCATION. THE LIBRARY HOUSES APPROXIMATELY 11,000 BOOKS, AND FOR THE LAST FEW YEARS, BOOK PURCHASES HAVE BEEN MADE AVAILABLE SOLELY THROUGH THE FCVL CONTRIBUTIONS AS THERE IS NO FEDERAL OR STATE FUNDING.FCVL SERVES CHERRY VALLEY, A K-8 SCHOOL, WITH 420 STUDENTS PLUS STAFF MEMBERS AS WELL AS THE ON-SITE PRESCHOOL COMMUNITY OF 20 CHILDREN. ALL FAMILIES ARE ALSO WELCOME FULL USE OF THE LIBRARY. THE LIBRARY IS SUPPORTED BY FAMILY AND EXTENDED FAMILY, PROVIDING APPROXIMATELY 50 HOURS PER WEEK OF VOLUNTEER HOURS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Sarah Seitchick Sebastian Co-Director | 3 | $0 | |
Nina Gruener Co-Director | 3 | $0 | |
Dides Urrutia Secretary | 1 | $0 | |
Emily Vaccaro Treasurer | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $42,527 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $10 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $42,537 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $13,226 |
| Professional fees and other payments to independent contractors | $750 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $25,357 |
| Total expenses | $39,333 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $77,395 |
| Other assets | $0 |
| Total assets | $77,894 |
| Total liabilities | $369 |
| Net assets or fund balances | $77,525 |