Forsyth Library Friends Inc in Forsyth, Missouri (MO)

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Forsyth Library Friends Inc
Employer Identification Number (EIN)431091486
Name of OrganizationForsyth Library Friends Inc
AddressPO BOX 522, Forsyth, MO 65653-0522
ActivitiesLibrary
SubsectionEducational Organization
Ruling Date07/1983
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 Period08/2012
Assets$100,000 to $499,999
Income$25,000 to $99,999
Filing Requirement990 (all other) or 990EZ return
Asset Amount$393,840
Amount of Income$57,962
Form 990 Revenue Amount$57,151
National Taxonomy of Exempt Entities (NTEE)Educational Institutions and Related Activities:


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Amount of income in 2012: $57,962
Forsyth Library Friends Inc: 

 $57,962
Other organizations performing similar types of work: 

 $128,148

Assets in 2012: $393,840
This organization: 

 $393,840
Other organizations performing similar types of work: 

 $394,149

Expenses in 2007: $62,533
This organization: 

 $62,533
Other organizations performing similar types of work: 

 $79,419

Income to expenses ratio in 2007: 1.5
This organization: 

 1.5
Other organizations performing similar types of work: 

 1.3

Expenses allocated to program services in 2007: 100.0%
Forsyth Library Friends Inc: 

 100.0%
Other organizations performing similar types of work: 

 90.5%

Grants share in income in 2007: 12.5%
Forsyth Library Friends Inc: 

 12.5%
Other organizations performing similar types of work: 

 32.4%

Financial snapshot ($)

Revenue for 2007

Assets at end of 2007

Functional Expenses for 2007 ($)

Income-Producing Activities for 2007

Revenue, Expenses, and Changes in Net Assets or Fund Balances
2001200220032004200520062007
Total revenue$73,962$104,746$76,980$69,560$101,981$99,266$91,109
Contributions, gifts, grants, and similar amounts received$12,269$45,100$4,815$4,178$32,158$5,928$11,401
Contributions to donor advised funds$0$0
Direct public support$12,269$45,100$4,815$4,178$32,158$5,928$11,401
Indirect public support$0$0$0$0$0$0$0
Government contributions (grants)$0$0$0$0$0$0$0
Program service revenue including government fees and contracts$7,151$4,155$4,538$3,281$5,018$3,465$494
Membership dues and assessments$3,045$2,030$2,200$2,390$2,270$1,935$1,997
Interest on savings and temporary cash investments$188$959$591$526$840$1,482$3,422
Dividends and interest from securities$1,175$1,367$2,971$4,296$3,409$3,811$3,944
Net rental income or (loss)$0$0$0$0$0$0$0
Gross rents$0$0$0$0$0$0$0
Less: rental expenses$0$0$0$0$0$0$0
Other investment income$0$0$0$0$0$0$0
Gain or (loss) from sales of assets other than inventory$691$1,657$493$1,917$6,690$28,156$14,106
Gross amount from sales of assets other than inventory$691$1,657$493$1,917$6,690$28,156$14,106
Less: cost or other basis and sales expenses$0$0$0$0$0$0$0
Net income or (loss) from special events and activities$49,443$49,478$59,632$51,589$47,652$44,528$45,688
Gross revenue$50,083$52,078$60,611$54,463$48,383$45,875$47,650
Less: direct expenses other than fundraising expenses$640$2,600$979$2,874$731$1,347$1,962
Gross profit or (loss) from sales of inventory$0$0$0$0$0$0$0
Gross sales of inventory, less returns and allowances$0$0$0$0$0$0$0
Less: cost of goods sold$0$0$0$0$0$0$0
Other revenue$0$0$1,740$1,383$3,944$9,961$10,057
Total expenses$40,766$51,662$62,165$57,842$63,759$61,181$62,533
Program services$40,766$51,662$62,165$57,842$63,759$61,181$62,533
Management and general$0$0$0$0$0$0$0
Fundraising$0$0$0$0$0$0$0
Payments to affiliates$0$0$0$0$0$0$0
Net assets or fund balances at end of year$512,204$322,916$338,518$350,236$388,458$426,543$455,119
Excess or (deficit) for the year$33,196$53,084$14,815$11,718$38,222$38,085$28,576
Net assets or fund balances at beginning of year$0$512,204$322,916$338,518$350,236$388,458$426,543
Other changes in net assets or fund balances$479,008$-242,372$787$0$0$0$0
Statement of Functional Expenses (for 2007)
TotalProgram servicesManagement and generalFundraising
Total functional expenses$62,533$62,533$0$0
Grants paid from donor advised funds$0
Other grants and allocations$0
Specific assistance to individuals$0
Benefits paid to or for members$0
Compensation of current officers, directors, key employees, etc.$0$0$0$0
Compensation of former officers, directors, key employees, etc.$0$0$0$0
Compensation and other distributions, not included above, to disqualified persons (as defined under section 4958(f)(1)) and persons described in section 4958(c)(3)(B)$0$0$0$0
Salaries and wages of employees not included above$17,160$17,160$0$0
Pension plan contributions not included above$0$0$0$0
Employee benefits not included above$0$0$0$0
Payroll taxes$1,461$1,461$0$0
Professional fundraising fees$0$0$0$0
Accounting fees$2,275$2,275$0$0
Legal fees$0$0$0$0
Supplies$2,655$2,655$0$0
Telephone$2,607$2,607$0$0
Postage and shipping$706$706$0$0
Occupancy$12,881$12,881$0$0
Equipment rental and maintenance$2,504$2,504$0$0
Printing and publications$264$264$0$0
Travel$0$0$0$0
Conferences, conventions, and meetings$0$0$0$0
Interest$0$0$0$0
Depreciation, depletion, etc.$16,412$16,412$0$0
Other expenses not covered above$3,608$3,608$0$0
Balance Sheets
2001200220032004200520062007
Total assets$512,719$323,414$338,993$350,812$389,076$427,111$455,902
Cash - non-interest-bearing$15,193$15,971$13,262$20,229$18,475$23,005$9,853
Savings and temporary cash investments$104,574$159,107$158,293$35,321$36,190$36,813$14,201
Accounts receivable less allowance for doubtful accounts$0$0$0$0$0$0$0
Pledges receivable less allowance for doubtful accounts$0$0$0$0$0$0$0
Grants receivable$0$0$0$0$0$0$0
Receivables from current and former officers, directors, trustees, and key employees$0$0$0$0$0$0$0
Receivables from other disqualified persons (as defined under section 4958(f)(1)) and persons described in section 4958(c)(3)(B)$0$0
Other notes and loans receivable less allowance for doubtful accounts$0$0$0$0$0$0$0
Inventories for sale or use$0$0$0$0$0$0$0
Prepaid expenses and deferred charges$0$0$0$0$0$0$0
Investments - publicly-traded securities$201,634$239,811
Investments - other securities$0$0$0$130,615$169,381$0$0
Investments - land, buildings, and equipment less accumulated depreciation$392,952$148,336$167,438$164,647$165,030$165,659$192,037
Investments - other$0$0$0$0$0$0$0
Land, buildings, and equipment less accumulated depreciation$0$0$0$0$0$0$0
Other assets, including program-related investments$0$0$0$0$0$0$0
Total liabilities$515$498$475$576$618$568$783
Accounts payable and accrued expenses$515$498$475$576$618$568$783
Grants payable$0$0$0$0$0$0$0
Deferred revenue$0$0$0$0$0$0$0
Loans from officers, directors, trustees, and key employees$0$0$0$0$0$0$0
Tax-exempt bond liabilities$0$0$0$0$0$0$0
Mortgages and other notes payable$0$0$0$0$0$0$0
Other liabilities$0$0$0$0$0$0$0
Total liabilities and net assets/fund balances$512,719$323,414$338,993$350,812$389,076$427,111$455,902
Total net assets or fund balances$512,204$322,916$338,518$350,236$388,458$426,543$455,119
Reconciliation of Revenue per Audited Financial Statements With Revenue per Return
2001200220032004200520062007
Total revenue$0$0$0$0$0$0$0
Total revenue, gains, and other support per audited financial statements$0$0$0$0$0$0$0
Other expenses$0$0$0$0$0$0$0
Net unrealized gains on investments$0$0$0$0$0$0$0
Donated services and use of facilities$0$0$0$0$0$0$0
Recoveries of prior year grants$0$0$0$0$0$0$0
Other$0$0$0$0$0$0$0
Other revenue$0$0$0$0$0$0$0
Investment expenses$0$0$0$0$0$0$0
Other$0$0$0$0$0$0$0
Reconciliation of Expenses per Audited Financial Statements With Expenses per Return
2001200220032004200520062007
Total expenses$0$0$0$0$0$0$0
Total expenses and losses per audited financial statements$0$0$0$0$0$0$0
Other revenue$0$0$0$0$0$0$0
Donated services and use of facilities$0$0$0$0$0$0$0
Prior year adjustments$0$0$0$0$0$0$0
Losses$0$0$0$0$0$0$0
Other$0$0$0$0$0$0$0
Other expenses$0$0$0$0$0$0$0
Investment expenses$0$0$0$0$0$0$0
Other$0$0$0$0$0$0$0
Current Officers, Directors, Trustees, and Key Employees
Total number of officers, directors, and trustees permitted to vote on organization business at board meetings8
Are any officers, directors, trustees, or key employees listed in Form 990, Part V-A, or highest compensated employees listed in Schedule A, Part I, or highest compensated professional and other independent contractors listed in Schedule A, Part II-A or II-B, related to each other through family or business relationships?No
Do any officers, directors, trustees, or key employees listed in Form 990, Part V-A, or highest compensated employees listed in Schedule A, Part I, or highest compensated professional and other independent contractors listed in Schedule A, Part II-A or II-B, receive compensation from any other organizations, whether tax exempt or taxable, that are related to the organization?No
Does the organization have a written conflict of interest policy?No
Other Information
Did the organization have unrelated business gross income of $1,000 or more during the year covered by this return, and has it filed a tax return on Form 990-T for this year?No
Was there a liquidation, dissolution, termination, or substantial contraction during the year?No
Is the organization related (other than by association with a statewide or nationwide organization) through common membership, governing bodies, trustees, officers, etc., to any other exempt or nonexempt organization?No
Direct and indirect political expenditures$0
Did the organization file Form 1120-POL for this year?No
Were substantially all dues nondeductible by members?
Did the organization make only in-house lobbying expenditures of $2,000 or less?
Dues, assessments, and similar amounts from members$0
Section 162(e) lobbying and political expenditures$0
Aggregate nondeductible amount of section 6033(e)(1)(A) dues notices$0
Taxable amount of lobbying and political expenditures$0
Does the organization elect to pay the section 6033(e) tax on the amount above?
If section 6033(e)(1)(A) dues notices were sent, does the organization agree to add the amount above to its reasonable estimate of dues allocable to nondeductible lobbying and political expenditures for the following tax year?
Initiation fees and capital contributions$0
Gross receipts for public use of club facilities$0
At any time during the year, did the organization, directly or indirectly, own a controlled entity within the meaning of section 512(b)(13)?No
Amount of tax imposed on the organization during the year under: section 4911$0
Amount of tax imposed on the organization during the year under: section 4912$0
Amount of tax imposed on the organization during the year under: section 4955$0
Did the organization engage in any section 4958 excess benefit transaction during the year or did it become aware of an excess benefit transaction from a prior year?No
Amount of tax imposed on the organization managers or disqualified persons during the year under sections 4912, 4955, and 4958$0
Amount of tax above, reimbursed by the organization$0
At any time during the tax year, was the organization a party to a prohibited tax shelter transaction?No
Did the organization acquire a direct or indirect interest in any applicable insurance contract?No
Did the supporting organization, or a fund maintained by a sponsoring organization, have excess business holdings at any time during the year?No
Number of employees employed in the pay period that includes March 12, 20061
Analysis of Income-Producing Activities (for 2007)
Unrelated business incomeExcluded by section 512, 513, or 514Related or exempt function income
Business codeAmountExclusion codeAmount
Total$0$71,848$7,860
Program service revenue
Program service revenue 1000000$000$0$494
Program service revenue 2000000$000$0$0
Program service revenue 3000000$000$0$0
Program service revenue 4000000$000$0$0
Program service revenue 5000000$000$0$0
Medicare/Medicaid payments000000$000$0$0
Fees and contracts from government agencies000000$000$0$0
Membership dues and assessments000000$0Income from an activity that is not regularly carried on (section 512(a)(1))$1,997$0
Interest on savings and temporary cash investments000000$000$0$3,422
Dividends and interest from securities000000$000$0$3,944
Net rental income or (loss) from real estate
debt-financed property000000$000$0$0
not debt-financed property000000$000$0$0
Net rental income or (loss) from personal property000000$000$0$0
Other investment income000000$000$0$0
Gain or (loss) from sales of assets other than inventory000000$0Income from an activity that is not regularly carried on (section 512(a)(1))$14,106$0
Net income or (loss) from special events000000$0Income from an activity that is not regularly carried on (section 512(a)(1))$45,688$0
Gross profit or (loss) from sales of inventory000000$000$0$0
Other revenue000000$0Income from an activity that is not regularly carried on (section 512(a)(1))$10,057$0
Information Regarding Taxable Subsidiaries and Disregarded Entities (for 2007)
EIN of corporation, partnership, or disregarded entityPercentage of ownership interestTotal incomeEnd-of-year assets
0%$0$0
0%$0$0
0%$0$0
0%$0$0
Compensation of the Five Highest Paid Employees Other Than Officers, Directors, and Trustees (for 2007)
CompensationContributions to employee benefit plans & deferred compensationExpense account and other allowances
$0$0$0
$0$0$0
$0$0$0
$0$0$0
$0$0$0
Total number of other employees paid over $50,0000
Statements About Activities (for 2007)
Expenses paid or incurred in connection with the lobbying activities$0
Did the organization receive or hold an easement for conservation purposes, including easements to preserve open space, the environment, historic land areas or historic structures?No
Did the organization provide credit counseling, debt management, credit repair, or debt negotiation services?No
Did the organization maintain any donor advised funds?No
Did the organization make any taxable distributions under section 4966?No
Did the organization make a distribution to a donor, donor advisor, or related person?No
The total number of donor advised funds owned at the end of the tax year$0
The aggregate value of assets held in all donor advised funds owned at the end of the tax year$0
The total number of separate funds or accounts owned at the end of the tax year (excluding donor advised funds included above) where donors have the right to provide advice on the distribution or investment of amounts in such funds or accounts$0
The aggregate value of assets held in all funds or accounts included above at the end of the tax year$0
Reason for Non-Private Foundation Status
The organization is not a private foundation because it isOrganization that normally receives: less than 1/3 of its support from gross investment income and unrelated taxable business income and more than 1/3 of its support from contribution, membership fees
Support Schedule
2000200120022003200420052006
Total$0$74,599$0$77,959$72,434$68,992$72,457
Gifts, grants, and contributions received$0$12,269$0$4,815$4,178$5,928$5,928
Membership fees received$0$3,045$0$2,200$2,390$1,935$1,935
Gross receipts from admissions, merchandise sold or services performed, or furnishing of facilities in any activity that is related to the organization's charitable, etc., purpose$0$57,922$0$67,382$61,044$55,836$59,301
Gross income from interest, dividends, amounts received from payments on securities loans (section 512(a)(5)), rents, royalties, and unrelated business taxable income (less section 511 taxes) from businesses acquired by the organization after June 30, 1975$0$1,363$0$3,562$4,822$5,293$5,293
Net income from unrelated business activities not included above$0$0$0$0$0$0$0
Tax revenues levied for the organization's benefit and either paid to it or expended on its behalf$0$0$0$0$0$0$0
The value of services or facilities furnished to the organization by a governmental unit without charge. Do not include the value of services or facilities generally furnished to the public without charge$0$0$0$0$0$0$0
Other income$0$0$0$0$0$0$0
Lobbying Expenditures by Electing Public Charities (for 2007)
Total exempt purpose expenditures$0
Total lobbying expenditures$0
Total lobbying expenditures to influence public opinion (grassroots lobbying)$0
Total lobbying expenditures to influence a legislative body (direct lobbying)$0
Other exempt purpose expenditures$0
Lobbying nontaxable amount$0
Grassroots nontaxable amount$0
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Organizations performing similar types of work
IdNameAddressStateEstablishedTotal Income
1Forsyth Library Friends IncPO BOX 522, Forsyth, MO 65653-0522MO1983-07$57,962
2Robert Charles Bunn Seattle Public Library Fund Sea-First Natl Bk TtePO BOX 831041, Dallas, TX 75283-1041TX1976-03$16,747,872
3Stark County District Library715 Market Ave N, Canton, OH 44702-1018OH1953-02$14,216,684
4Friends And Foundation Of The Rochester Public Library115 South Ave, Rochester, NY 14604-1817NY1989-07$9,068,556
5Trustees Of The Haverhill Public Library99 Main St, Haverhill, MA 01830-5044MA1973-02$6,899,602
6Sacramento Public Library Foundation828 I St, Sacramento, CA 95814-2508CA1992-03$1,629,530
7Millbrook Free Library TrPO BOX 1447, Millbrook, NY 12545-1447NY1982-10$1,475,224
8Talbot County Free Library Association Incorporated100 W Dover St, Easton, MD 21601-2620MD1975-11$1,361,885
9Wellesley Free Library Centennial Fund530 Washington St, Wellesley, MA 02482-5916MA1984-07$855,276
10Shelter Island Public LibraryPO BOX 2016, Shelter Is, NY 11964-2016NY1962-09$818,285
11Tiffin Seneca Library Foundation77 Jefferson St, Tiffin, OH 44883-2339OH1992-07$212,153
12Rockbridge Regional Library Foundation138 S Main St, Lexington, VA 24450-2316VA1992-12$194,201
13Taneyhills Library Club400 S 4th Street, Branson, MO 65616MO1975-10$179,949
14South Dakota Library Association28363 472nd Ave, Worthing, SD 57077-5722SD1984-04$174,257
15Salem Public Library Memorial Fund Association821 E State St, Salem, OH 44460-2223OH1958-12$165,439
16Missouri Library AssociationC/O Amigos 13610 Barrett Office Dr, Ballwin, MO 63021MO1975-01$138,745
17Friends Of The Kansas City Public Library IncPO BOX 30447, Kansas City, MO 64112-4447MO1985-09$51,701
18Brookfield Library Building Corporation102 E Boston St, Brookfield, MO 64628-1660MO1995-01$10,446
19Friends Of The Trails Regional Library432 N Holden Street, Warrensburg, MO 64093MO1989-09$6,779
20Friends Of River Bluffs Regional Library, C-O River Bluffs Regional Library1904 N Belt Hwy, St Joseph, MO 64506-2201MO1994-11$0
Number of organizations performing similar types of work
Alaska1
Alabama2
Arkansas4
Arizona2
California33
Colorado2
Connecticut3
Delaware1
Florida21
Georgia9
Iowa6
Idaho1
Illinois4
Indiana1
Kansas2
Kentucky5
Louisiana1
Massachusetts13
Maryland3
Maine3
Michigan19
Minnesota4
Missouri7
Mississippi1
Montana3
North Carolina5
North Dakota1
Nebraska2
New Hampshire2
New Jersey10
New Mexico1
New York13
Ohio16
Oklahoma2
Oregon7
Pennsylvania13
Rhode Island1
South Carolina5
South Dakota1
Tennessee8
Texas24
Utah1
Virginia10
Washington5
Wisconsin7
West Virginia1
Wyoming2
Total288

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