Chelmsford Friends Of The Library in Chelmsford, Massachusetts (MA)
Table of contents:
Chelmsford Friends Of The Library | |
Employer Identification Number (EIN) | 043086577 |
Name of Organization | Chelmsford Friends Of The Library |
Address | 25 Boston Rd, Chelmsford, MA 01824-3012 |
Activities | Literary activities |
Subsection | Charitable Organization |
Ruling Date | 08/1993 |
Deductibility | Contributions are deductible |
Foundation | Organization that normally receives no more than one third of its support from gross investment income and unrelated business income and at the same time more than one third of its support from contributions, fees, and gross receipts related to exempt purposes |
Organization | Corporation |
Exempt Organization Status | Unconditional Exemption |
Tax Period | 04/2014 |
Assets | $25,000 to $99,999 |
Income | $25,000 to $99,999 |
Filing Requirement | 990 - Required to file Form 990-N - Income less than $25,000 per year |
Asset Amount | $78,725 |
Amount of Income | $45,099 |
Form 990 Revenue Amount | $41,614 |
National Taxonomy of Exempt Entities (NTEE) | Educational Institutions and Related Activities: |
Non-representatives - add comments:
Amount of income in 2014: $45,099 (it was $45,781 in 2013)
This organization: | $45,099 |
Other organizations performing similar types of work: | $128,148 |
Assets in 2014: $78,725 (it was $73,715 in 2013)
Chelmsford Friends Of The Library: | $78,725 |
Other organizations performing similar types of work: | $394,149 |
Expenses in 2014: $36,604
Chelmsford Friends Of The Library: | $36,604 |
Other organizations performing similar types of work: | $79,419 |
Income to expenses ratio in 2014: 1.2
Chelmsford Friends Of The Library: | 1.2 |
Other organizations performing similar types of work: | 1.3 |
Grants share in income in 2014: 34.5%
Chelmsford Friends Of The Library: | 34.5% |
Other organizations performing similar types of work: | 32.4% |
Revenue for 2014
Support schedule
Revenue, Expenses, and Changes in Net Assets or Fund Balances | |||
2012 | 2013 | 2014 | |
---|---|---|---|
Total revenue | $46,638 | $42,360 | $41,614 |
Contributions, gifts, grants, and similar amounts received | $14,522 | $14,799 | $14,358 |
Program service revenue including government fees and contracts | $0 | $0 | $0 |
Membership dues and assessments | $0 | $0 | $0 |
Investment income | $1,021 | $320 | $203 |
Gain/Loss from sale of assets other than inventory | $0 | $0 | $0 |
Net income/loss from gaming and fundraising events | $27,215 | $22,248 | $22,575 |
Gross income from gaming | $0 | $0 | $0 |
Gross income from fundraising events | $29,975 | $25,699 | $26,060 |
Less: direct expenses from gaming and fundraising events | $2,760 | $3,421 | $3,485 |
Gross profit/loss from sales of inventory | $3,880 | $4,993 | $4,478 |
Gross sales of inventory, less returns and allowances | $5,903 | $4,993 | $4,478 |
Less: cost of goods sold | $2,023 | $0 | $0 |
Other revenue | $0 | $0 | $0 |
Total expenses | $50,515 | $40,435 | $36,604 |
Total net assets | $71,790 | $73,715 | $78,725 |
Excess/Deficit for the year | $-3,877 | $1,925 | $5,010 |
Net assets or fund balances at beginning of year | $75,667 | $71,790 | $73,715 |
Other changes in net assets or fund balances | $0 | $0 | $0 |
Net assets or fund balances at end of year | $73,715 | $78,725 |
Balance Sheets | |||
2012 | 2013 | 2014 | |
---|---|---|---|
Total assets | $71,790 | $73,715 | $78,725 |
Total liabilities | $0 | $0 | $0 |
Net assets or fund balances | $71,790 | $73,715 | $78,725 |
Other Information | |||
2012 | 2013 | 2014 | |
---|---|---|---|
Did the organization engage in any significant activity not previously reported to the IRS? | No | No | |
Were any significant changes made to the organizing or governing documents? | No | No | |
Did the organization have unrelated business gross income of $1,000 or more during the year from business activities | No | No | No |
Has the organization filed a Form 990-T for the year? | No | No | |
Did the organization undergo a liquidation, dissolution, termination, or significant disposition of net assets during the year? | No | No | |
Amount of political expenditures, direct or indirect | $0 | $0 | |
Did the organization file Form 1120-POL for this year? | No | No | |
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? | No | No | |
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? | No | No | |
At any time during the tax year, was the organization a party to a prohibited tax shelter transaction? | No | No |
Reason for Public Charity Status (for 2014) | |
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 supported | 1 |
Sum of amounts of support | $34,681 |
Support Schedule for Organizations Described in Section 509(a)(2) (for 2010 - 2014) | |
2010 - 2014 Total | |
---|---|
Public support | $240,253 |
Subtotal | $240,253 |
Gifts, grants, contributions, and membership fees received | $70,064 |
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 | $170,189 |
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 | $249,222 |
Public support | $240,253 |
Subtotal | $8,692 |
Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources | $8,692 |
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 | $277 |
Other income | $0 |
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Organizations performing similar types of work | |||||
Id | Name | Address | State | Established | Total Income |
---|---|---|---|---|---|
1 | Friends Of Waltham Public Library Inc | 735 Main St, Waltham, MA 02451-0610 | MA | 1986-08 | $412,581 |
2 | Robert Charles Bunn Seattle Public Library Fund Sea-First Natl Bk Tte | PO BOX 831041, Dallas, TX 75283-1041 | TX | 1976-03 | $16,747,872 |
3 | Stark County District Library | 715 Market Ave N, Canton, OH 44702-1018 | OH | 1953-02 | $14,216,684 |
4 | Friends And Foundation Of The Rochester Public Library | 115 South Ave, Rochester, NY 14604-1817 | NY | 1989-07 | $9,068,556 |
5 | Trustees Of The Haverhill Public Library | 99 Main St, Haverhill, MA 01830-5044 | MA | 1973-02 | $6,899,602 |
6 | Sacramento Public Library Foundation | 828 I St, Sacramento, CA 95814-2508 | CA | 1992-03 | $1,629,530 |
7 | Millbrook Free Library Tr | PO BOX 1447, Millbrook, NY 12545-1447 | NY | 1982-10 | $1,475,224 |
8 | Talbot County Free Library Association Incorporated | 100 W Dover St, Easton, MD 21601-2620 | MD | 1975-11 | $1,361,885 |
9 | Wellesley Free Library Centennial Fund | 530 Washington St, Wellesley, MA 02482-5916 | MA | 1984-07 | $855,276 |
10 | Shelter Island Public Library | PO BOX 2016, Shelter Is, NY 11964-2016 | NY | 1962-09 | $818,285 |
11 | Friends Of The Snow Library Inc | PO BOX 481, Orleans, MA 02653-0481 | MA | 1973-11 | $104,810 |
12 | Friends Of The Granby Free Public Library Inc | 1 Library Ln, Granby, MA 01033-9451 | MA | 1983-10 | $91,724 |
13 | Friends Of The Sandwich Public Library Inc | 142 Main St, Sandwich, MA 02563-2232 | MA | 1984-08 | $81,066 |
14 | Friends Of The Wellesley Free Libraries Inc | 530 Washington Street, Wellesley, MA 02482 | MA | 1982-02 | $52,622 |
15 | Chelmsford Friends Of The Library | 25 Boston Rd, Chelmsford, MA 01824-3012 | MA | 1993-08 | $45,099 |
16 | Friends Of Thayer Public Library Inc | 798 Washington St, Braintree, MA 02184-6421 | MA | 1998-04 | $43,910 |
17 | Friends Of The Dover Library | PO BOX 669, Dover, MA 02030-0669 | MA | 1982-11 | $34,553 |
18 | Brockton Library Foundation Inc | PO BOX 202, Brockton, MA 02303-0202 | MA | 1993-07 | $30,803 |
19 | Friends Of Brooks Free Library Inc | 739 Main St, Harwich, MA 02645-2752 | MA | 1998-07 | $22,244 |
20 | Friends Of The Topsfield Library Inc | South Common, Topsfield, MA 01983 | MA | 1987-05 | $14,685 |
Number of organizations performing similar types of work | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Total | 288 |
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