Friends Of The Citrus County Library System Inc in Hernando, Florida (FL)

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Friends Of The Citrus County Library System Inc
Employer Identification Number (EIN)593746194
Name of OrganizationFriends Of The Citrus County Library System Inc
In Care of NameLeslie Fraze
AddressPO BOX 1703, Hernando, FL 34442-1703
SubsectionEducational Organization
Ruling Date04/2002
DeductibilityContributions are deductible
FoundationOrganization that normally receives no more than one third of its support from gross investment income and unrelated business income and at the same time more than one third of its support from contributions, fees, and gross receipts related to exempt purposes
Exempt Organization StatusUnconditional Exemption
Tax Period12/2012
Assets$1 to $9,999
Income$25,000 to $99,999
Filing Requirement990 (all other) or 990EZ return
Asset Amount$5,023
Amount of Income$87,581
Form 990 Revenue Amount$87,581
National Taxonomy of Exempt Entities (NTEE)Educational Institutions and Related Activities: Student Services, Organizations of Students

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Amount of income in 2012: $87,581 (it was $78,330 in 2011)
This organization: 

Other organizations performing similar types of work: 


Assets in 2012: $5,023 (it was $4,980 in 2011)
This organization: 

Other organizations performing similar types of work: 


Financial snapshot ($)

Revenue, Expenses, and Changes in Net Assets or Fund Balances (for 2011)
Total revenue$78,330
Contributions, gifts, grants, and similar amounts received$0
Program service revenue including government fees and contracts$0
Membership dues and assessments$0
Investment income$0
Gain from sale of assets other than inventory$0
Net income from gaming and fundraising events$0
Gross profit from sales of inventory$78,330
Gross sales of inventory, less returns and allowances$78,330
Less: cost of goods sold$0
Other revenue$0
Total expenses$79,052
Total net assets$4,980
Deficit for the year$-722
Net assets or fund balances at beginning of year$5,702
Other changes in net assets or fund balances$0
Balance Sheets (for 2011)
Total assets$4,980
Total liabilities$0
Net assets or fund balances$4,980
Other Information (for 2011)
Did the organization have unrelated business gross income of $1,000 or more during the year from business activitiesNo
Initiation fees and capital contributions$0
Gross receipts for public use of club facilities$0
Reason for Public Charity Status (for 2011)
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
Support Schedule for Organizations Described in Section 509(a)(2) (for 2011)
2007 - 2011 Total
Total support$399,984
Gifts, grants, contributions, and membership fees received$0
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$399,984
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
Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources and Unrelated business taxable income (less section 511 taxes) from businesses acquired after June 30, 1975$0
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19Friends Of The Citrus County Library System IncPO BOX 1703, Hernando, FL 34442-1703FL2002-04$87,581
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Number of organizations performing similar types of work
District of Columbia24
North Carolina72
North Dakota2
New Hampshire9
New Jersey81
New Mexico18
New York146
Rhode Island13
South Carolina33
South Dakota5
West Virginia9
Total2,430 is not associated with, endorsed by, or sponsored by Friends Of The Citrus County Library System Inc and has no official or unofficial affiliation with Friends Of The Citrus County Library System Inc