Moorestown Free Library Association in Moorestown, New Jersey (NJ)

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Moorestown Free Library Association
Employer Identification Number (EIN)210634496
Name of OrganizationMoorestown Free Library Association
In Care of NameMoorestown Library
Address111 W Second St, Moorestown, NJ 08057-2471
ActivitiesLibrary
SubsectionLiterary Organization, Educational Organization
Ruling Date12/1960
DeductibilityContributions are deductible
FoundationOrganization which receives a substantial part of its support from a governmental unit or the general public
OrganizationCorporation
Exempt Organization StatusUnconditional Exemption
Tax Period12/2013
Assets$500,000 to $999,999
Income$25,000 to $99,999
Filing Requirement990 (all other) or 990EZ return
Asset Amount$786,825
Amount of Income$50,325
Form 990 Revenue Amount$47,183


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Financial snapshot ($)

Revenue for 2012

Support schedule

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$57,263
Contributions, Gifts, Grants and Other Similar Amounts$7,494
Program Service Revenue$0
Other Revenue
Investment income (including dividends, interest, and other similar amounts)$41,367
Income from investment of tax-exempt bond proceeds$0
Royalties$0
Net rental income$0
Net gain from sales of assets other than inventory$8,316
Gross amount from sales of assets other than inventory (Securities / Other)$111,444 / $0
Less: cost or other basis and sales expenses (Securities / Other)$103,128 / $0
Gain or (loss) (Securities / Other)$8,316 / $0
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous Revenue$86
Statement of Functional Expenses (for 2012)
Total functional expenses$31,925
Compensation of current officers, directors, trustees, and key employees$0
Other salaries and wages$0
Payroll taxes$0
Professional fundraising services$0
Other$31,925
Balance Sheet (for 2012)
Total assets$777,943
Total liabilities$0
Total net assets or fund balances$777,943
Retained earnings, endowment, accumulated income, or other funds$0
Reason for Public Charity Status (for 2012)
The organization is not a private foundation because it is:An organization that normally receives a substantial part of its support from a governmental unit or from the general public described in section 170(b)(1)(A)(vi)
Support Schedule for Organizations Described in Sections 170(b)(1)(A)(iv) and 170(b)(1)(A)(vi) (for 2012)
2008 - 2012 Total
Total Support$134,237
Gifts, grants, contributions, and membership fees received$43,466
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$90,771
Gross receipts from related activities, etc.$0
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