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Friends Of The Library Foundation

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 311706376 ✦ Wellsville, KS ✦ Designated as a 501(c)(3)

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Overview

What is Friends Of The Library Foundation?

The Friends of the Library Foundation, overseen by Brooke Taylor, is a volunteer-driven nonprofit organization. Despite having a dedicated team, a recent shift in the treasurer's role revealed an oversight in their tax filings. Upon further investigation, it was discovered that the Friends had neglected to submit their taxes for several consecutive years, specifically failing to file the 2021 990N form. Despite this tax-related issue, the Friends of the Library Foundation continues to operate, contributing to the library community through volunteer efforts.

Is Friends Of The Library Foundation legitimate?

Friends Of The Library Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Friends Of The Library Foundation submitted a form 990EZ, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.

What is the mission statement of Friends Of The Library Foundation?

The Friends of the Library Foundation, being a volunteer-led organization, does not seem to have a publicly stated mission statement. However, their primary role is evident through their activities. Recently, an oversight led to the realization that their tax filings for several years, including the 2021 990N, were not submitted. This indicates their commitment to the library and its operations, as the 990N form is a significant tax document for non-profit organizations. The organization's focus appears to be supporting the library, but without a formal mission statement, the specific goals and objectives of their support are not clearly defined.

Who is the CEO of Friends Of The Library Foundation?

Heather Adams is the President of Friends Of The Library Foundation.

What is the revenue of Friends Of The Library Foundation?

Friends Of The Library Foundation's revenue in 2022 was $176,014.

Who are the executives of Friends Of The Library Foundation and what are their salaries?


Here are 5 key members and their salaries:


Heather Adams (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Heather Adams (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Emily Taylor (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brooke Taylor (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Aubrey Behrens (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990EZ for Friends Of The Library Foundation?

Friends Of The Library Foundation's most recent form 990EZ was submitted in 2022 and can be accessed here.

Mission Statement of Friends Of The Library Foundation

The Friends of the Library Foundation, led by Brooke Taylor, is a volunteer-driven organization. Its primary mission is centered around supporting libraries, although specific details about its activities or objectives are not provided in the given information. However, a significant issue came to light when a change in treasurer revealed that the organization had not filed its taxes for several years, including the 2021 990N form. This discovery underscored the need for improved financial management within the Friends of the Library Foundation.

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Impact




October, 2024

Friends Of The Library Foundation significantly impacts the community by fostering a strong connection between local residents and their library. Through volunteer efforts, the foundation supports library programs, improves resources, and enhances educational initiatives. This engagement not only enriches the library's offerings but also bolsters literacy and lifelong learning in Wellsville, KS. The foundation plays a crucial role in advocating for the library's needs, ensuring that it remains a vital resource for all. Despite recent challenges with tax filings, the commitment of its volunteers exemplifies a dedication to uplifting the library and, by extension, the entire community. This support translates into a richer cultural and educational environment, which benefits individuals of all ages.




This information is meant to be a general summary of Friends Of The Library Foundation. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$176,014 (2022)
Expenses
$3,855 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $1,226
  • Gross Receipts: $176,014

Assets and Liabilities:

  • Total Assets: $257,675
  • Total Liabilities: $0
  • Net Assets: $257,675

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Organization Details

Principal Officer

Heather Adams

Main Address

PO BOX 517, WELLSVILLE, KS, 66092

NTEE Category

Code: T11 - Philanthropy

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