Redondo Beach Library Foundation in Redondo Beach, California (CA)

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Redondo Beach Library Foundation
Employer Identification Number (EIN)954507221
Name of OrganizationRedondo Beach Library Foundation
Address303 N Pacific Coast Hwy, Redondo Beach, CA 90277-2838
ActivitiesDescribed in section 509(a)(2) of the Code, Gifts, grants, or loans to other organizations
SubsectionCharitable Organization
Ruling Date04/1995
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$25,000 to $99,999
Income$1 to $9,999
Filing Requirement990 - Required to file Form 990-N - Income less than $25,000 per year
Asset Amount$26,654
Amount of Income$9,247
Form 990 Revenue Amount$9,247
National Taxonomy of Exempt Entities (NTEE)Educational Institutions and Related Activities: Single Organization Support


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Amount of income in 2013: $9,247 (it was $6,843 in 2012)
Redondo Beach Library Foundation: 

 $9,247
Other organizations performing similar types of work: 

 $29,036

Assets in 2013: $26,654 (it was $30,282 in 2012)
This organization: 

 $26,654
Other organizations performing similar types of work: 

 $79,636

Expenses in 2012: $16,967
Redondo Beach Library Foundation: 

 $16,967
Other organizations performing similar types of work: 

 $20,046

Income to expenses ratio in 2012: 0.5
This organization: 

 0.5
Other organizations performing similar types of work: 

 1.0

Grants share in income in 2012: 100.0%
Redondo Beach Library Foundation: 

 100.0%
Other organizations performing similar types of work: 

 7.7%

Financial snapshot ($)

Statements Regarding Other IRS Filings and Tax Compliance (for 2012)
Did the organization have unrelated business gross income of $1,000 or more during the year?No
Initiation fees and capital contributions$0
Gross receipts for public use of club facilities $0
Gross income from members or shareholders$0
Gross income from other sources$0
Statement of Revenue (for 2012)
Total revenue$6,843
Contributions, Gifts, Grants and Other Similar Amounts$6,843
Program Service Revenue$0
Other Revenue
Investment income (including dividends, interest, and other similar amounts)$0
Income from investment of tax-exempt bond proceeds$0
Royalties$0
Net rental income$0
Net gain from sales of assets other than inventory$0
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous Revenue$0
Statement of Functional Expenses (for 2012)
Total functional expenses$16,967
Compensation of current officers, directors, trustees, and key employees$0
Other salaries and wages$0
Payroll taxes$0
Professional fundraising services$0
Other$16,967
Balance Sheet (for 2012)
Total assets$30,282
Total liabilities$0
Total net assets or fund balances$30,282
Retained earnings, endowment, accumulated income, or other funds$30,282
Reason for Public Charity Status (for 2012)
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)
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Organizations performing similar types of work
IdNameAddressStateEstablishedTotal Income
1Tulsa Library Trust400 Civic Ctr, Tulsa, OK 74103-3830OK1976-01$29,489,422
2Friends Of The Free Library Of Philadelphia Inc1901 Vine Street, Philadelphia, PA 19103PA1988-11$21,809,854
3American Friends Of The National Gallery London Inc275 Madison Ave Ste 401, New York, NY 10016-1101NY1986-02$17,965,001
4Indianapolis-Marion County Public Library FoundationPO BOX 6134, Indianapolis, IN 46206-6134IN1969-05$5,535,529
5Cuyahoga County Public Library Foundation2111 Snow Rd, Cleveland, OH 44134-2728OH2002-04$759,020
6Natrona County Public Library Foundation307 E 2nd St, Casper, WY 82601-2505WY1973-01$614,317
7Hussey - Mayfield Memorial Public Library Foundation Inc250 N 5th St, Zionsville, IN 46077-1324IN2000-04$425,351
8Friends Of The Orinda Library IncPO BOX 152, Orinda, CA 94563-0152CA1961-10$118,112
9Cold Spring Harbor Library Friends Foundation95 Harbor Rd, Cold Spg Hbr, NY 11724-1511NY2001-09$52,863
10Friends Of Gale Free Library23 Highlend Street, Holden, MA 01520MA1990-03$49,474
11Alameda County Library Foundation2450 Stevenson Blvd, Fremont, CA 94538-2326CA1996-08$663,348
12Ojai Valley Library FoundationPO BOX 1005, Ojai, CA 93024-1005CA1995-12$434,328
13Los Altos Library EndowmentPO BOX 367, Los Altos, CA 94023-0367CA2001-09$400,239
14Riverside Public Library FoundationPO BOX 349, Riverside, CA 92502-0349CA1999-10$259,533
15Friends Of The Santa Cruz Public Libraries Inc224 Church St, Santa Cruz, CA 95060-3810CA1979-11$221,536
16Friends Of The Los Angeles County Law Library301 W 1st St, Los Angeles, CA 90012-3140CA2003-10$173,865
17City Of Orange Public Library Foundation407 E Chapman Ave, Orange, CA 92866-1509CA2000-09$153,983
18Friends Of The Santa Monica Public Library601 Santa Monica Blvd, Santa Monica, CA 90401-2501CA2014-01$120,246
19Oxnard Friends Of The Library251 S A St, Oxnard, CA 93030-5750CA2008-01$119,536
20Lodi Public Library Foundation201 W Locust St, Lodi, CA 95240-2013CA1999-12$114,858
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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