Twinsburg Public Library Foundation Inc in Twinsburg, Ohio (OH)

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Twinsburg Public Library Foundation Inc
Employer Identification Number (EIN)341913398
Name of OrganizationTwinsburg Public Library Foundation Inc
In Care of NameEileen Holloway
Address10050 Ravenna Rd, Twinsburg, OH 44087-1719
SubsectionCharitable Organization
Ruling Date05/2000
DeductibilityContributions are deductible
FoundationOrganizations operated solely for the benefit of and in conjunction with organizations described in 10 through 16 above
OrganizationCorporation
Exempt Organization StatusUnconditional Exemption
Tax Period12/2013
Assets$100,000 to $499,999
Income$10,000 to $24,999
Filing Requirement990 - Required to file Form 990-N - Income less than $25,000 per year
Asset Amount$129,338
Amount of Income$24,433
Form 990 Revenue Amount$20,178
National Taxonomy of Exempt Entities (NTEE)Educational Institutions and Related Activities: Single Organization Support


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Amount of income in 2013: $24,433 (it was $22,736 in 2012)
This organization: 

 $24,433
Other organizations performing similar types of work: 

 $29,036

Assets in 2013: $129,338 (it was $134,189 in 2012)
Twinsburg Public Library Foundation Inc: 

 $129,338
Other organizations performing similar types of work: 

 $79,636

Expenses in 2013: $38,325
This organization: 

 $38,325
Other organizations performing similar types of work: 

 $20,046

Income to expenses ratio in 2013: 0.6
This organization: 

 0.6
Other organizations performing similar types of work: 

 1.0

Grants share in income in 2013: 12.0%
Twinsburg Public Library Foundation Inc: 

 12.0%
Other organizations performing similar types of work: 

 7.7%

Financial snapshot ($)

Revenue for 2013

Revenue, Expenses, and Changes in Net Assets or Fund Balances
201120122013
Total revenue$9,307$18,456$20,178
Contributions, gifts, grants, and similar amounts received$2,735$10,160$2,415
Program service revenue including government fees and contracts$0$0$0
Membership dues and assessments$0$0$0
Investment income$3,009$5,879$13,393
Gain/Loss from sale of assets other than inventory$0$0$0
Net income/loss from gaming and fundraising events$3,563$1,734$4,370
Gross income from gaming$0$6,015$0
Gross income from fundraising events$6,783$0$8,626
Less: direct expenses from gaming and fundraising events$3,220$4,280$4,255
Gross profit/loss from sales of inventory$0$0$0
Other revenue$0$682$0
Total expenses$3,211$8,570$38,325
Total net assets$124,302$134,189$129,338
Excess/Deficit for the year$6,095$9,886$-18,146
Net assets or fund balances at beginning of year$118,207$124,303$134,189
Other changes in net assets or fund balances$0$0$13,295
Net assets or fund balances at end of year$134,189$129,338
Balance Sheets
201120122013
Total assets$124,302$134,189$129,338
Total liabilities$0$0$0
Net assets or fund balances$124,302$134,189$129,338
Other Information
201120122013
Did the organization engage in any significant activity not previously reported to the IRS?NoNo
Were any significant changes made to the organizing or governing documents?NoNo
Did the organization have unrelated business gross income of $1,000 or more during the year from business activitiesNoNoNo
Has the organization filed a Form 990-T for the year?NoNo
Did the organization undergo a liquidation, dissolution, termination, or significant disposition of net assets during the year?NoNo
Amount of political expenditures, direct or indirect$0$0
Did the organization file Form 1120-POL for this year?NoNo
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?NoNo
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?NoNo
At any time during the tax year, was the organization a party to a prohibited tax shelter transaction?NoNo
Reason for Public Charity Status (for 2013)
The organization is not a private foundation because it is:An organization organized and operated exclusively for the benefit of, to perform the functions of, or to carry out the purposes of one or more publicly supported organizations described in section 509(a)(1) or section 509(a)(2)
Number of organizations supported1
Sum of amounts of support$37,025
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Organizations performing similar types of work
IdNameAddressStateEstablishedTotal Income
1Twinsburg Public Library Foundation Inc10050 Ravenna Rd, Twinsburg, OH 44087-1719OH2000-05$24,433
2Friends Of The Grafton Midview Public LibraryPO BOX 287, Grafton, OH 44044-0287OH2011-09$23,565
3Friends Of The New Carlisle Public Library111 E Lake, New Carlisle, OH 45344OH2002-04$2,395
4Ashtabula County District Library Foundation Inc335 W 44th, Ashtabula, OH 44004OH2010-02$0
5Friends Of Bliss Memorial Public Library37 N Marion St, Bloomville, OH 44818-9230OH1998-12$0
6Friends Of Columbia Library13824 West River Road - North, Columbia Station, OH 44028OH2003-05$0
7Friends Of Lake Township Branch Library IncPo Box 247, Hartville, OH 44632OH2002-05$0
8Friends Of Madison Public Library6111 Middle Ridge Rd, Madison, OH 44057OH2011-05$0
9Friends Of The Aberdeen Library Inc1439 Nutmeg Street, Aberdeen, OH 45101OH2004-02$0
10Friends Of The Amherst Public Library Inc221 Spring Street, Amherst, OH 44001OH2006-11$0
11Friends Of The Barberton Public Library602 W Park Ave, Barberton, OH 44203OH2008-08$0
12Friends Of The Carey Library Inc236 E Findlay Street, Carey, OH 43316OH2010-07$0
13Friends Of The Claymont School District Public Library113 E 3rd St, Uhrichsville, OH 44683-1818OH2002-04$0
14Friends Of The Delaware County District Library7171 Gooding Boulevard, Delaware, OH 43015OH2008-04$0
15Friends Of The Edon Public Library Inc105 S Michigan, Edon, OH 43518OH2007-07$0
16Friends Of The Garrettsville Library10482 South Street, Garrettsville, OH 44231OH1985-02$0
17Friends Of The Hamler Public LibraryPo Box 201, Hamler, OH 43524OH2004-03$0
18Friends Of The Kaubisch Memorial Library205 Perry Street, Fostoria, OH 44830OH2014-06$0
19Friends Of The North Olmsted Library27403 Lorain Road, North Olmsted, OH 44070OH2004-04$0
20Friends Of The North Ridgeville Branch Library Inc8748 Brecksville Rd Ste 227, Brecksville, OH 44141-1985OH2003-03$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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