Friends Of The Bear Library Association in Bear, Delaware (DE)
Table of contents:
| Friends Of The Bear Library Association | |
| Employer Identification Number (EIN) | 510334888 |
| Name of Organization | Friends Of The Bear Library Association |
| Address | PO BOX 668, Bear, DE 19701-0668 |
| Activities | Library |
| Subsection | Charitable Organization |
| Ruling Date | 09/1991 |
| Deductibility | Contributions are deductible |
| Foundation | Organization which receives a substantial part of its support from a governmental unit or the general public |
| Organization | Corporation |
| Exempt Organization Status | Unconditional Exemption |
| Tax Period | 06/2014 |
| Assets | $100,000 to $499,999 |
| Income | $100,000 to $499,999 |
| Filing Requirement | 990 (all other) or 990EZ return |
| Asset Amount | $495,890 |
| Amount of Income | $105,731 |
| Form 990 Revenue Amount | $105,731 |
| National Taxonomy of Exempt Entities (NTEE) | Educational Institutions and Related Activities: Libraries |
Non-representatives - add comments:
Amount of income in 2014: $105,731 (it was $34,606 in 2013)
| This organization: | $105,731 |
| Other organizations performing similar types of work: | $105,731 |
Assets in 2014: $495,890 (it was $49,811 in 2013)
| This organization: | $495,890 |
| Other organizations performing similar types of work: | $324,664 |
Expenses in 2014: $43,623
| This organization: | $43,623 |
| Other organizations performing similar types of work: | $75,408 |
Income to expenses ratio in 2014: 2.4
| Friends Of The Bear Library Association: | 2.4 |
| Other organizations performing similar types of work: | 1.2 |
Grants share in income in 2014: 96.8%
| Friends Of The Bear Library Association: | 96.8% |
| Other organizations performing similar types of work: | 74.2% |
Revenue for 2014
Support schedule
| Revenue, Expenses, and Changes in Net Assets or Fund Balances | |||
| 2012 | 2013 | 2014 | |
|---|---|---|---|
| Total revenue | $34,606 | $105,731 | |
| Contributions, gifts, grants, and similar amounts received | $33,893 | $102,355 | |
| Program service revenue including government fees and contracts | $0 | $1,835 | |
| Membership dues and assessments | $561 | $1,505 | |
| Investment income | $152 | $2 | |
| Gain/Loss from sale of assets other than inventory | $0 | $0 | |
| Net income/loss from gaming and fundraising events | $0 | $0 | $0 |
| Gross profit/loss from sales of inventory | $0 | $0 | |
| Other revenue | $0 | $34 | |
| Total expenses | $453,407 | $43,623 | |
| Total net assets | $49,811 | $495,890 | |
| Excess/Deficit for the year | $-418,801 | $62,108 | |
| Net assets or fund balances at beginning of year | $468,612 | $49,811 | |
| Other changes in net assets or fund balances | $0 | $383,971 | |
| Net assets or fund balances at end of year | $49,811 | $495,890 | |
| Balance Sheets | |||
| 2012 | 2013 | 2014 | |
|---|---|---|---|
| Total assets | $468,612 | $49,811 | $495,890 |
| Total liabilities | $0 | $0 | $0 |
| Net assets or fund balances | $49,811 | $495,890 | |
| 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 | |
| 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 | |
| Gross receipts for public use of club facilities | $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 | 0 |
| Sum of amounts of support | $0 |
| Support Schedule for Organizations Described in Section 509(a)(2) (for 2010 - 2014) | |
| 2010 - 2014 Total | |
|---|---|
| Public support | $142,251 |
| Subtotal | $142,251 |
| Gifts, grants, contributions, and membership fees received | $122,011 |
| 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 | $20,240 |
| 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 | $143,956 |
| Public support | $142,251 |
| Subtotal | $683 |
| Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources | $683 |
| 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 | $1,022 |
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| Organizations performing similar types of work | |||||
| Id | Name | Address | State | Established | Total Income |
|---|---|---|---|---|---|
| 1 | Walt Disney Family Foundation | 104 Montgomery St, San Francisco, CA 94129-1718 | CA | 1997-07 | $14,420,942 |
| 2 | Southern Maryland Regional Library Association Inc | PO BOX 459, Charlott Hall, MD 20622-0459 | MD | 1994-12 | $2,505,726 |
| 3 | Tompkins County Public Library Foundation Inc | 101 E Green St, Ithaca, NY 14850-5613 | NY | 1993-04 | $1,597,326 |
| 4 | Seymour Public Library District | Genesee St, Auburn, NY 13021 | NY | 1994-09 | $911,225 |
| 5 | Sloatsburg Public Library | Liberty Rock Rd, Sloatsburg, NY 10974 | NY | 1991-10 | $448,680 |
| 6 | Whippanong Library Association | 17 Sherwood Ln, Fairfield, NJ 07004-3601 | NJ | 1992-10 | $401,809 |
| 7 | The Fulton County Library Inc | 227 N 1st St, Mc Connellsbg, PA 17233-1003 | PA | 1995-11 | $394,460 |
| 8 | Youngstown Free Library | 240 Lockport St, Youngstown, NY 14174-1008 | NY | 1996-04 | $320,197 |
| 9 | Seward Library Foundation | 233 S 5th St, Seward, NE 68434-2519 | NE | 1991-06 | $316,806 |
| 10 | Tape Ministries Northwest | 820 S 192nd Street, Seattle, WA 98148 | WA | 1993-10 | $294,492 |
| 11 | Middleburg Library Advisory Board Inc | Po Box 1823, Middleburg, VA 20118 | VA | 1998-10 | $280,090 |
| 12 | Wood Place Public Library Of California Missouri | 501 S Oak St, California, MO 65018-1241 | MO | 1998-09 | $234,357 |
| 13 | Sherburne Public Library | 2 E State St, Sherburne, NY 13460 | NY | 1995-07 | $229,846 |
| 14 | Washington Library Association | PO BOX 348, Washington, ME 04574-0348 | ME | 1993-03 | $190,750 |
| 15 | Village Library | PO BOX 7, Morgantown, PA 19543-0007 | PA | 1992-03 | $141,804 |
| 16 | Sandusky Library And Follett House Museum Foundation | 114 W Adams St, Sandusky, OH 44870-2751 | OH | 1991-12 | $137,695 |
| 17 | Schuylkill Valley Community Library Inc | 1310 Washington Rd, Leesport, PA 19533-9708 | PA | 1991-05 | $122,364 |
| 18 | Friends Of The Bear Library Association | PO BOX 668, Bear, DE 19701-0668 | DE | 1991-09 | $105,731 |
| 19 | Friends Of Northern Branch Wilmington Library Inc | 3400 North Market Street, Wilmington, DE 19802 | DE | 1998-07 | $0 |
| 20 | Friends Of The Library For The Blnd & Phys Handicap Of State Of De Inc, Friends Of Delaware Access Services | 121 Martin Luther King Jr Blvd N, Dover, DE 19901 | DE | 1996-01 | $0 |
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