Friends Of Lakewood Library in Lakewood, Washington (WA)

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Friends Of Lakewood Library
Employer Identification Number (EIN)910656325
Name of OrganizationFriends Of Lakewood Library
AddressPO BOX 98374, Lakewood, WA 98496-8374
ActivitiesOther cultural or historical activities
SubsectionCharitable Organization
Ruling Date06/1961
DeductibilityContributions are deductible
FoundationOrganization which receives a substantial part of its support from a governmental unit or the general public
Exempt Organization StatusUnconditional Exemption
Tax Period09/2014
Assets$25,000 to $99,999
Income$25,000 to $99,999
Filing Requirement990 (all other) or 990EZ return
Asset Amount$40,872
Amount of Income$51,553
Form 990 Revenue Amount$51,553
National Taxonomy of Exempt Entities (NTEE)Educational Institutions and Related Activities:

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Amount of income in 2014: $51,553 (it was $50,184 in 2013)
This organization: 

Other organizations performing similar types of work: 


Assets in 2014: $40,872 (it was $42,527 in 2013)
This organization: 

Other organizations performing similar types of work: 


Expenses in 2013: $49,434
This organization: 

Other organizations performing similar types of work: 


Income to expenses ratio in 2013: 1.0
Friends Of Lakewood Library: 

Other organizations performing similar types of work: 


Grants share in income in 2013: 19.7%
This organization: 

Other organizations performing similar types of work: 


Financial snapshot ($)

Revenue for 2013

Support schedule

Revenue, Expenses, and Changes in Net Assets or Fund Balances
Total revenue$49,360$48,693$50,184
Contributions, gifts, grants, and similar amounts received$1,752$1,683$9,862
Program service revenue including government fees and contracts$0$0$0
Membership dues and assessments$7,385$6,660$0
Investment income$213$118$56
Gain/Loss from sale of assets other than inventory$0$0$0
Net income/loss from gaming and fundraising events$0$0$0
Gross profit/loss from sales of inventory$40,010$40,232$40,266
Gross sales of inventory, less returns and allowances$40,010$40,232$40,266
Less: cost of goods sold$0$0$0
Other revenue$0$0$0
Total expenses$34,707$51,585$49,434
Total net assets$43,174$40,282$41,032
Excess/Deficit for the year$14,653$-2,892$750
Net assets or fund balances at beginning of year$28,521$43,174$40,282
Other changes in net assets or fund balances$0$0$0
Net assets or fund balances at end of year$40,282$41,032
Balance Sheets
Total assets$44,573$42,182$42,527
Total liabilities$1,399$1,900$1,495
Net assets or fund balances$43,174$40,282$41,032
Other Information
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 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)
Number of organizations supported0
Sum of amounts of support$0
Support Schedule for Organizations Described in Sections 170(b)(1)(A)(iv) and 170(b)(1)(A)(vi) (for 2009 - 2013)
2009 - 2013 Total
Public Support$244,228
Subtotal Support$244,228
Gifts, grants, contributions, and membership fees received$244,228
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
The portion of total contributions by each person (other than a governmental unit or publicly supported organization) that exceeds 2% of the total support$0
Total Support$245,344
Public Support$244,228
Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources$1,116
Net income from unrelated business activities, whether or not the business is regularly carried on$0
Other income. Do not include gain or loss from the sale of capital assets$0
Gross receipts from related activities, etc.$56
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Organizations performing similar types of work
IdNameAddressStateEstablishedTotal Income
1Friends Of The Sacramento Public Library828 I St Suite 308, Sacramento, CA 95814-2508CA1985-01$643,070
2Friends Of Waltham Public Library Inc735 Main St, Waltham, MA 02451-0610MA1986-08$412,581
3Forsyth Library Friends IncPO BOX 522, Forsyth, MO 65653-0522MO1983-07$57,962
4Midwest Collaborative For Library Services Inc1407 Rensen Street No 1, Lansing, MI 48910-3657MI1975-07$32,287,924
5Chicago Public Library Foundation20 N Michigan Ave, Chicago, IL 60602-4811IL1987-07$10,646,721
6Hartford Public Library Excluding Operating Fund500 Main St, Hartford, CT 06103-3003CT1935-04$10,485,340
7Broward Public Library Foundation100 S Andrews Ave Eighth Floor, Fort Lauderdale, FL 33301-1830FL1983-04$3,382,329
8Memorial & Library Association44 Broad St, Westerly, RI 02891-1856RI1944-07$3,381,174
9King County Library System Foundation960 Newport Way Nw, Issaquah, WA 98027-2702WA1995-05$2,586,323
10City Arts And Lectures Inc1955 Sutter St, San Francisco, CA 94115-3113CA1982-04$1,663,634
11Friends Of The Burlington Public Library FoundationC/O Frank Delaney, Burlington, IA 52601IA1983-03$1,626,314
12Detroit Public Library Friends Foundation Inc5201 Woodward Ave, Detroit, MI 48202-4007MI1943-09$1,552,827
13Friends Of The Dallas Public Library Inc1515 Young St, Dallas, TX 75201-5411TX1951-09$1,473,254
14Cedar Rapids Public Library Foundation450 5th Ave Se, Cedar Rapids, IA 52401-1904IA1974-01$1,112,486
15Friends Of The Fallbrook LibraryPO BOX 2586, Fallbrook, CA 92088-2586CA1975-12$1,069,421
16Ellen J Lewis Trust For Public Library Of Catasauqua1 W 4th St 4th Fl, Winston Salem, NC 27101-3818NC1972-04$953,859
17Friends Of The Phoenix Public Library Inc1221 N Central Ave, Phoenix, AZ 85004-1820AZ1977-12$953,646
18Endowment Fund Of The Hopkinsville Christian County Public LibraryPO BOX 32760, Louisville, KY 40232-2760KY1981-12$918,387
19Friends Of The Seattle Public Library1000 4th Ave, Seattle, WA 98104-1109WA1942-04$558,597
20Friends Of Lakewood LibraryPO BOX 98374, Lakewood, WA 98496-8374WA1961-06$51,553
Number of organizations performing similar types of work
North Carolina5
North Dakota1
New Hampshire2
New Jersey10
New Mexico1
New York13
Rhode Island1
South Carolina5
South Dakota1
West Virginia1
Total288 is not associated with, endorsed by, or sponsored by Friends Of Lakewood Library and has no official or unofficial affiliation with Friends Of Lakewood Library