Troutman Friends Of The Library in Troutman, North Carolina (NC)

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Troutman Friends Of The Library
Employer Identification Number (EIN)270102233
Name of OrganizationTroutman Friends Of The Library
In Care of NamePhyllis Starksl
AddressP O Box 74, Troutman, NC 28166
Websitehttp://www.troutmanfriendsofthelibrary.org
SubsectionCharitable Organization
Ruling Date11/2004
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 Period2012
Assets$1 to $9,999
Income$1 to $9,999
Filing Requirement990 - Required to file Form 990-N - Income less than $25,000 per year
Asset Amount$8,188
Amount of Income$3,317
Form 990 Revenue Amount$3,176
National Taxonomy of Exempt Entities (NTEE)Educational Institutions and Related Activities: Single Organization Support


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Amount of income in 2012: $3,317 (it was $3,176 in 2013)
Troutman Friends Of The Library: 

 $3,317
Other organizations performing similar types of work: 

 $29,036

Assets in 2012: $8,188 (it was $8,188 in 2013)
Troutman Friends Of The Library: 

 $8,188
Other organizations performing similar types of work: 

 $79,636

Expenses in 2013: $8,037
Troutman Friends Of The Library: 

 $8,037
Other organizations performing similar types of work: 

 $20,046

Income to expenses ratio in 2013: 0.4
Troutman Friends Of The Library: 

 0.4
Other organizations performing similar types of work: 

 1.0

Grants share in income in 2013: 37.9%
Troutman Friends Of The Library: 

 37.9%
Other organizations performing similar types of work: 

 7.7%

Financial snapshot ($)

Revenue for 2013

Revenue, Expenses, and Changes in Net Assets or Fund Balances
2013
Total revenue$3,176
Contributions, gifts, grants, and similar amounts received$1,205
Program service revenue including government fees and contracts$0
Membership dues and assessments$55
Investment income$1
Gain/Loss from sale of assets other than inventory$0
Net income/loss from gaming and fundraising events$1,914
Gross income from gaming$0
Gross income from fundraising events$2,056
Less: direct expenses from gaming and fundraising events$141
Gross profit/loss from sales of inventory$0
Other revenue$0
Total expenses$8,037
Total net assets$8,188
Excess/Deficit for the year$-4,860
Net assets or fund balances at beginning of year$13,048
Other changes in net assets or fund balances$0
Net assets or fund balances at end of year$3,328
Balance Sheets
2013
Total assets$8,188
Total liabilities$0
Net assets or fund balances$8,188
Other Information
2013
Did the organization engage in any significant activity not previously reported to the IRS?No
Were any significant changes made to the organizing or governing documents?No
Did the organization have unrelated business gross income of $1,000 or more during the year from business activitiesNo
Has the organization filed a Form 990-T for the year?No
Did the organization undergo a liquidation, dissolution, termination, or significant disposition of net assets during the year?No
Amount of political expenditures, direct or indirect$0
Did the organization file Form 1120-POL for this year?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
Total amount involved$0
Initiation fees and capital contributions$0
Gross receipts for public use of club facilities$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
At any time during the tax year, was the organization a party to a prohibited tax shelter transaction?No
Reason for Public Charity Status (for 2013)
The organization is not a private foundation because it is:An organization that normally receives a substantial part of its support from a governmental unit or from the general public described in section 170(b)(1)(A)(vi)
Number of organizations supported0
Sum of amounts of support$0
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Organizations performing similar types of work
IdNameAddressStateEstablishedTotal Income
1Friends Of The Mountains Branch Library150 Bills Creek Rd, Lake Lure, NC 28746NC2007-12$10,452
2Friends Of The Harrisburg Branch Library IncPo 784, Harrisburg, NC 28075NC1997-10$8,252
3Troutman Friends Of The LibraryP O Box 74, Troutman, NC 28166NC2004-11$3,317
4Chatham County Library Foundation IncPo Box 1809, Pittsboro, NC 27312NC2009-01$0
5Currituck County Public Library Foundation4261 Caratoke Hwy, Barco, NC 27917NC1998-12$0
6Dobson Community Friends Of The Library IncPo Box 1264, Dobson, NC 27017NC2005-09$0
7Friends Of Bath Community Library IncP O Box 160, Bath, NC 27808NC2002-04$0
8Friends Of Boonville LibraryP O Box 162, Boonville, NC 27011NC1999-08$0
9Friends Of Madison County Library Inc1335 N Main St, Marshall, NC 28753NC1997-09$0
10Friends Of Murphy Public Library9 Blumenthal Street, Murphy, NC 28906NC2007-03$0
11Friends Of North Carolina Public Libraries4640 Mail Service Center, Raleigh, NC 27699NC2009-07$0
12Friends Of Reynolda Manor Library2839 Fairlawn Drive, Winston Salem, NC 27106NC1994-07$0
13Friends Of The Central LibraryPo 21431, Winston Salem, NC 27103NC2010-07$0
14Friends Of The Eden Public Library598 S Pierce Street, Eden, NC 27288NC2005-11$0
15Friends Of The Goldston Library Inc355 Goldston Glendon Rd, Goldston, NC 27252-9323NC2001-01$0
16Friends Of The Halifax County LibraryP O Box 97, Halifax, NC 27839NC2005-08$0
17Friends Of The Leland Library487 Village Road, Leland, NC 28451-9268NC2005-06$0
18Friends Of The Library Inc AngierPo Box 2226, Angier, NC 27501NC2000-08$0
19Friends Of The Library MooresvillePO BOX 1754, Mooresville, NC 28115-1754NC2001-12$0
20Friends Of The Mills River Library Inc248 N Mills River Rd, Mills River, NC 28759NC2008-08$0
Number of organizations performing similar types of work
Alaska6
Alabama16
Arkansas12
Arizona16
California95
Colorado28
Connecticut24
District of Columbia4
Delaware6
Florida49
Georgia25
Hawaii2
Iowa50
Idaho19
Illinois41
Indiana24
Kansas18
Kentucky8
Louisiana8
Massachusetts77
Maryland9
Maine23
Michigan54
Minnesota35
Missouri22
Montana16
North Carolina49
North Dakota2
Nebraska20
New Hampshire27
New Jersey40
New Mexico6
Nevada8
New York66
Ohio41
Oklahoma30
Oregon35
Pennsylvania20
Rhode Island5
South Carolina15
South Dakota5
Tennessee35
Texas83
Utah8
Virginia29
Vermont17
Washington31
Wisconsin54
West Virginia4
Wyoming2
International1
Total1,320

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