Friends Of The Albert Carlton - Cashiers Community Library Inc in Cashiers, North Carolina (NC)
Table of contents:
| Friends Of The Albert Carlton - Cashiers Community Library Inc | |
| Employer Identification Number (EIN) | 582190405 |
| Name of Organization | Friends Of The Albert Carlton - Cashiers Community Library Inc |
| In Care of Name | John Bayley |
| Address | PO BOX 2628, Cashiers, NC 28717-2628 |
| Activities | Described in section 170(b)1)(a)(vi) of the Code, Fundraising, Gifts, grants, or loans to other organizations |
| Subsection | Educational Organization |
| Ruling Date | 12/1996 |
| 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 | $25,000 to $99,999 |
| Filing Requirement | 990 - Required to file Form 990-N - Income less than $25,000 per year |
| Asset Amount | $188,224 |
| Amount of Income | $49,129 |
| Form 990 Revenue Amount | $49,129 |
| National Taxonomy of Exempt Entities (NTEE) | Educational Institutions and Related Activities: Libraries |
Non-representatives - add comments:
Amount of income in 2014: $49,129 (it was $63,723 in 2013)
| This organization: | $49,129 |
| Other organizations performing similar types of work: | $84,385 |
Assets in 2014: $188,224 (it was $184,361 in 2013)
| This organization: | $188,224 |
| Other organizations performing similar types of work: | $188,533 |
Expenses in 2014: $45,173
| This organization: | $45,173 |
| Other organizations performing similar types of work: | $59,444 |
Income to expenses ratio in 2014: 1.1
| Friends Of The Albert Carlton - Cashiers Community Library Inc: | 1.1 |
| Other organizations performing similar types of work: | 1.3 |
Grants share in income in 2014: 57.7%
| This organization: | 57.7% |
| Other organizations performing similar types of work: | -,nan,(ind)% |
Revenue for 2014
Support schedule
| Revenue, Expenses, and Changes in Net Assets or Fund Balances | |||
| 2012 | 2013 | 2014 | |
|---|---|---|---|
| Total revenue | $47,894 | $63,723 | $49,129 |
| Contributions, gifts, grants, and similar amounts received | $49,381 | $33,699 | $28,348 |
| Program service revenue including government fees and contracts | $0 | $0 | $0 |
| Membership dues and assessments | $0 | $22,010 | $20,301 |
| Investment income | $1,678 | $1,759 | $480 |
| Gain/Loss from sale of assets other than inventory | $-3,165 | $6,255 | $0 |
| Net income/loss 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 | $43,712 | $43,762 | $45,173 |
| Total net assets | $163,924 | $183,885 | $187,841 |
| Excess/Deficit for the year | $4,182 | $19,961 | $3,956 |
| Net assets or fund balances at beginning of year | $161,486 | $163,924 | $183,885 |
| Other changes in net assets or fund balances | $-1,744 | $0 | $0 |
| Net assets or fund balances at end of year | $183,885 | $187,841 | |
| Balance Sheets | |||
| 2012 | 2013 | 2014 | |
|---|---|---|---|
| Total assets | $165,105 | $184,361 | $188,224 |
| Total liabilities | $1,181 | $476 | $383 |
| Net assets or fund balances | $163,924 | $183,885 | $187,841 |
| 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 | 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 | $272,162 |
| Subtotal | $272,162 |
| Gifts, grants, contributions, and membership fees received | $218,325 |
| 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 | $53,837 |
| 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 | $272,162 |
| Public support | $272,162 |
| Subtotal | $0 |
| Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources | $0 |
| 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 | |||||
| Id | Name | Address | State | Established | Total Income |
|---|---|---|---|---|---|
| 1 | Durham Colored Library Incorporated | Po Box 2736, Durham, NC 27715-2736 | NC | 1939-06 | $56,937 |
| 2 | 4042 Libriary Association Inc | 182 Angie Rd, Raleigh, NC 27603-7337 | NC | 2009-03 | $0 |
| 3 | Alexander Friends Of The Library | Po Box 402, Taylorsville, NC 28681 | NC | 2009-08 | $0 |
| 4 | Books For Kids Inc | 3116 Braddock Drive, Raleigh, NC 27612 | NC | 1999-05 | $0 |
| 5 | Braswell Memorial Public Library Foundation Inc | 727 N Grace St, Rocky Mount, NC 27804 | NC | 2009-11 | $0 |
| 6 | Chadbourn Community Library Assn Inc | 301 N Wilson St, Chadbourn, NC 28431 | NC | 1995-03 | $0 |
| 7 | Concord Friends Of The Library Inc | 27 Union St N, Concord, NC 28025 | NC | 2009-07 | $0 |
| 8 | Friends Of The Alleghany County Public Library | Po Box 656, Sparta, NC 28675 | NC | 2007-05 | $0 |
| 9 | Friends Of The Lee County Library | P O Box 671, Sanford, NC 27331 | NC | 2011-12 | $0 |
| 10 | Friends Of The Library At Hickmans Crossroads | 1040 Calabash Rd, Calabash, NC 28467 | NC | 2006-09 | $0 |
| 11 | Friends Of The Rural Hall Stanleyville Branch Library | 7125 Broad Street, Rural Hall, NC 27045 | NC | 2011-02 | $0 |
| 12 | Friends Of The Wake Forest Public Library | Po Box 207, Wake Forest, NC 27587 | NC | 1997-06 | $0 |
| 13 | Friends Of Walkertown Library Inc | 2969 Main St, Walkertown, NC 27051-9324 | NC | 2014-08 | $0 |
| 14 | Greene County Friends Of The Library | 229 Kingold Blvd Ste G, Snow Hill, NC 28580-1331 | NC | 2001-11 | $0 |
| 15 | Little Red Bookmobile Inc | 210 New Street, New Bern, NC 28560 | NC | 2007-08 | $0 |
| 16 | Mary Kemp Sugg Hopke Memorial Library Group Inc | 279 Second St, Ellerbe, NC 28338 | NC | 2015-02 | $0 |
| 17 | Matthews Library Endowment Fund | 230 Matthews Station, Matthews, NC 28105 | NC | 2004-11 | $0 |
| 18 | Nc Live Foundation | Campus Box 7111 - Ncsu Libraries, Raleigh, NC 27695-7111 | NC | 2014-10 | $0 |
| 19 | Pettigrew Regional Library | 201 E 3rd St, Plymouth, NC 27962-1319 | NC | 1975-10 | $0 |
| 20 | Rural Education Advancement And Development | Po Box 448, Lake Junaluska, NC 28745 | NC | 2012-05 | $0 |
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| Total | 1,701 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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