Friends Of The Nature Coast Lakes Region Library Inc, Friends Of The Lakes Region Library Inc in Inverness, Florida (FL)

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Friends Of The Nature Coast Lakes Region Library Inc, Friends Of The Lakes Region Library Inc
Employer Identification Number (EIN)050541872
Name of OrganizationFriends Of The Nature Coast Lakes Region Library Inc
Secondary NameFriends Of The Lakes Region Library Inc
In Care of NamePatricia Eldridge
Address1511 Druid Rd, Inverness, FL 34452
SubsectionEducational Organization
Ruling Date03/2003
DeductibilityContributions are deductible
FoundationOrganization which receives a substantial part of its support from a governmental unit or the general public
OrganizationCorporation
Exempt Organization StatusUnconditional Exemption
Tax Period2007
Assets$10,000 to $24,999
Income$10,000 to $24,999
Filing Requirement990 - Required to file Form 990-N - Income less than $25,000 per year
Asset Amount$18,024
Amount of Income$24,077
Form 990 Revenue Amount$24,077
National Taxonomy of Exempt Entities (NTEE)Community Improvement, Capacity Building: Single Organization Support


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Amount of income in 2007: $24,077 (it was $26,616 in 2013)
This organization: 

 $24,077
Other organizations performing similar types of work: 

 $77,925

Assets in 2007: $18,024 (it was $17,239 in 2013)
This organization: 

 $18,024
Other organizations performing similar types of work: 

 $54,860

Expenses in 2013: $31,956
This organization: 

 $31,956
Other organizations performing similar types of work: 

 $44,826

Income to expenses ratio in 2013: 0.8
This organization: 

 0.8
Other organizations performing similar types of work: 

 2.2

Grants share in income in 2013: 1.9%
This organization: 

 1.9%
Other organizations performing similar types of work: 

 69.7%

Financial snapshot ($)

Revenue for 2013

Support schedule

Revenue, Expenses, and Changes in Net Assets or Fund Balances
201120122013
Total revenue$25,868$27,872$26,616
Contributions, gifts, grants, and similar amounts received$5$0$505
Program service revenue including government fees and contracts$0$0$0
Membership dues and assessments$1,640$1,850$2,095
Investment income$23$22$16
Gain/Loss from sale of assets other than inventory$0$0$0
Net income/loss from gaming and fundraising events$24,200$26,000$24,000
Gross income from gaming$0$0$0
Gross income from fundraising events$24,200$26,000$24,000
Less: direct expenses from gaming and fundraising events$0$0$0
Gross profit/loss from sales of inventory$0$0$0
Other revenue$0$0$0
Total expenses$26,315$28,340$31,956
Total net assets$23,051$22,583$17,239
Excess/Deficit for the year$-447$-468$-5,340
Net assets or fund balances at beginning of year$23,498$23,051$22,583
Other changes in net assets or fund balances$0$0$-4
Net assets or fund balances at end of year$22,583$17,239
Balance Sheets
201120122013
Total assets$23,051$22,583$17,239
Total liabilities$0$0$0
Net assets or fund balances$23,051$22,583$17,239
Other Information
201120122013
Did the organization engage in any significant activity not previously reported to the IRS?NoNo
Were any significant changes made to the organizing or governing documents?NoNo
Did the organization have unrelated business gross income of $1,000 or more during the year from business activitiesNoNoNo
Has the organization filed a Form 990-T for the year?NoNo
Did the organization undergo a liquidation, dissolution, termination, or significant disposition of net assets during the year?NoNo
Amount of political expenditures, direct or indirect$0$0
Did the organization file Form 1120-POL for this year?NoNo
Did the organization borrow from, or make any loans to, any officer, director, trustee, or key employee or were any such loans made in a prior year and still outstanding at the end of the tax year covered by this return?NoNo
Total amount involved$0$0
Initiation fees and capital contributions$0$0$0
Gross receipts for public use of club facilities$0$0$0
Did the organization engage in any section 4958 excess benefit transaction during the year, or did it engage in an excess benefit transaction in a prior year that has not been reported on any of its prior Forms 990 or 990-EZ?NoNo
At any time during the tax year, was the organization a party to a prohibited tax shelter transaction?NoNo
Reason for Public Charity Status (for 2013)
The organization is not a private foundation because it is:An organization that normally receives: (1) more than 33 1/3 % of its support from contributions, membership fees, and gross receipts from activities related to its exempt functions - subject to certain exceptions, and (2) no more than 33 1/3 % of its support from gross investment income and unrelated business taxable income (less section 511 tax) from businesses acquired by the organization after June 30, 1975
Number of organizations supported0
Sum of amounts of support$0
Support Schedule for Organizations Described in Section 509(a)(2) (for 2009 - 2013)
2009 - 2013 Total
Public support$109,438
Subtotal$109,438
Gifts, grants, contributions, and membership fees received$7,638
Gross receipts from admissions, merchandise sold or services performed, or facilities furnished in any activity that is related to the organization's tax-exempt purpose$101,800
Gross receipts from activities that are not an unrelated trade or business under section 513$0
Tax revenues levied for the organization's benefit and either paid to or expended on its behalf$0
The value of services or facilities furnished by a governmental unit to the organization without charge$0
Less$0
Amounts received from disqualified persons$0
Amounts received from other than disqualified persons that exceed the greater of $5,000 or 1% of the total support$0
Total support$109,570
Public support$109,438
Subtotal$132
Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources$132
Unrelated business taxable income (less section 511 taxes) from businesses acquired after June 30, 1975$0
Net income from unrelated business activities, whether or not the business is regularly carried on$0
Other income$0
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Organizations performing similar types of work
IdNameAddressStateEstablishedTotal Income
1Schuyler County Human Servicesdevelopment Corporation105 Ninth St, Watkins Glen, NY 14891-1435NY2008-04$421,855
2Francis & Kathleen Rooney Foundation Inc1400 Gulf Shore Blvd N Ste 190, Naples, FL 34102-4973FL2007-12$2,026,771
3Joan Leslie Nichols Foundation Inc111 Se 12th Street No C, Ft Lauderdale, FL 33316-1813FL2013-07$1,063,892
4Mlm Fund Iii200 S Biscayne Blvd Ste 505, Miami, FL 33131-5330FL2008-09$50,746
5Pace Collier At Immokalee-Thc Inc1 W Adams St Ste 301, Jacksonville, FL 32202-3644FL2007-03$37,323
6Parrish Foundation IncPO BOX 794, Parrish, FL 34219-0794FL2009-04$35,480
7Friends Of The Nature Coast Lakes Region Library Inc, Friends Of The Lakes Region Library Inc1511 Druid Rd, Inverness, FL 34452FL2003-03$24,077
8South Middle River Civic AssociationPO BOX 1619, Ft Lauderdale, FL 33302-1619FL2014-02$7,688
9Win Win Global Corp19410 Sw 16th St, Pembroke Pnes, FL 33029-6139FL2014-03$1,255
10Kidangath Charities Inc12603 Sw 119th Path, Miami, FL 33186-5194FL2013-08$1
11Alarm Industry Foundation1830 N University Drive 329 Room/Suite 329, Plantation, FL 33322-4114FL1992-02$0
12Biscayne Park Foundation Inc640 Ne 114th St, Biscayne Park, FL 33161-6202FL2008-11$0
13Community Service Center Foundationinc621 Wilks Ave, Orlando, FL 32809-4239FL2007-05$0
14Downtown Vision Alliance Inc214 N Hogan St Ste 120, Jacksonville, FL 32202-4234FL2013-04$0
15Link-A1a Foundation Inc1301 Riverplace Blvd Suite 1500, Jacksonville, FL 32207FL2013-04$0
16Love & Action Ministry Inc5014 E Cluster Ave, Tampa, FL 33617-8407FL2014-07$0
17Mount Olive Tampa Community Development Inc1745 West Lasalle Street, Tampa, FL 33607FL2014-08$0
18Paradise Community Club IncP O Box 53, Apopka, FL 32704-0053FL2014-03$0
19Rotary Club Of Saint Augustine Endowment Fund7 Waldo St Ste 201, St Augustine, FL 32084-2787FL2014-08$0
20South Miami Community Redevelopment Agency Foundation Inc6130 Sunset Dr, South Miami, FL 33143-5040FL2002-02$0
Number of organizations performing similar types of work
Alaska2
Alabama4
Arkansas6
Arizona6
California43
Colorado7
Connecticut6
District of Columbia5
Delaware2
Florida21
Georgia9
Iowa2
Idaho1
Illinois18
Indiana6
Kansas3
Kentucky5
Louisiana7
Massachusetts20
Maryland4
Maine2
Michigan14
Minnesota8
Missouri15
Mississippi1
Montana2
North Carolina9
Nebraska2
New Hampshire1
New Jersey8
New Mexico2
Nevada1
New York20
Ohio10
Oklahoma7
Oregon2
Pennsylvania9
South Carolina7
Tennessee7
Texas29
Utah2
Virginia19
Washington10
Wisconsin8
West Virginia3
Total375

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