Form 990 for tax year 2023
Filed by TALBOT COUNTY FREE LIBRARY ASSOCIATION INCORPORATED.
Totals
- Total revenue
- $2,511,802
- Total expenses
- $2,185,456
- Contributions and grants received
- $2,420,678
- Grants paid
- $0
- Program service revenue
- $90,770
- Investment income
- $354
- Other revenue
- $0
- Total assets, end of year
- $1,750,891
- Total liabilities, end of year
- $2,178,960
- Net assets or fund balances, end of year
- -$428,069
- Program services expenses (Part IX)
- $1,672,594
- Management and general expenses
- $512,862
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $1,672,594
Program services were 76.5% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
1c · Fundraising events
$36,393
-
1e · Government grants (contributions)
$1,969,563
-
1f · All other contributions, gifts and grants
$414,722
-
2a · Program service revenue: UNRESTRICTED FOUNDATIO
total $57,299 · related or exempt $57,299
-
2b · Program service revenue: OPERATIONS
total $19,132 · related or exempt $19,132
-
2c · Program service revenue: RESTRICTED FOUNDATION
total $14,339 · related or exempt $14,339
-
3 · Investment income
total $354 · excluded $354
-
8a · Fundraising events: gross income
$0
-
8a · Fundraising events: contributions included on line 1c
$36,393
-
8b · Fundraising events: direct expenses
$0
-
8c · Net income from fundraising events
total $0
Functional expenses
Part IX, the statement of functional expenses.
-
5 · Compensation of officers, directors and key employees
total $116,286 · management and general $116,286
-
7 · Other salaries and wages
total $1,248,701 · program services $1,248,701
-
9 · Other employee benefits
total $198,818 · program services $198,818
-
10 · Payroll taxes
total $101,799 · program services $101,799
-
11c · Fees: accounting
total $52,824 · management and general $52,824
-
11g · Fees: other
total $10,160 · management and general $10,160
-
13 · Office expenses
total $23,438 · management and general $23,438
-
14 · Information technology
total $8,280 · program services $8,280
-
17 · Travel
total $4,306 · management and general $4,306
-
19 · Conferences, conventions and meetings
total $5,671 · program services $5,671
-
22 · Depreciation, depletion and amortization
total -$150,226 · program services -$150,226
-
23 · Insurance
total $6,365 · management and general $6,365
-
24a · Other expenses: EQUIPMENT MAINTENANCE &
total $274,580 · management and general $274,580
-
24b · Other expenses: BOOKS
total $88,197 · program services $88,197
-
24c · Other expenses: ADULT & CHILDREN'S PROG
total $53,269 · program services $53,269
-
24d · Other expenses: TELEPHONE/INTERNET
total $47,618 · program services $47,618
-
24e · All other expenses
total $95,370 · program services $70,467 · management and general $24,903
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $225,034 · end of year $406,923
-
4 · Accounts receivable
beginning of year $216,951 · end of year $119,794
-
9 · Prepaid expenses and deferred charges
beginning of year $6,291 · end of year $6,015
-
10a · Land, buildings and equipment: cost or other basis
$2,270,086
-
10b · Land, buildings and equipment: accumulated depreciation
$1,566,507
-
10c · Land, buildings and equipment, net
beginning of year $562,093 · end of year $703,579
-
14 · Intangible assets
beginning of year $24,035 · end of year $15,295
-
15 · Other assets
beginning of year $204,620 · end of year $499,285
-
17 · Accounts payable and accrued expenses
beginning of year $35,304 · end of year $30,577
-
25 · Other liabilities
beginning of year $1,878,946 · end of year $2,148,383
-
27 · Net assets without donor restrictions
beginning of year -$675,226 · end of year -$428,069
Mission and programs · 2023
Mission
THE TALBOT COUNTY FREE LIBRARY INSPIRES OUR COMMUNITY TO DISCOVER IDEAS AND INFORMATION TO ENRICH AND RENEW LIVES.
Activities or mission (Part I)
GENERAL PUBLIC LIBRARY
-
CIRCULATING LIBRARY - COMPLETE OPERATION OF THE LIBRARY WHICH IS OPEN TO THE GENERAL PUBLIC OF TALBOT COUNTY, MARYLAND.
Expenses $1,497,422 · Revenue $90,770
-
COLLECTIONS AND EXHIBITS - INCREASING AND MAINTAINING THE COLLECTION OF BOOKS AND PERIODICALS
Expenses $121,903
-
COMMUNITY SERVICES - PROVIDE PROGRAMS FOR COMMUNITY CHILDREN AND ADULT ACTIVITIES
Expenses $53,269
As filed on the 2023 return.
Listed in Part VII
-
Susan RegierSUSAN REGIER
TRUSTEE
- Total calculated
- $0
- Hours/week
- 2
-
Estela RamirezESTELA RAMIREZ
TRUSTEE
- Total calculated
- $0
- Hours/week
- 2
-
Andrew ThalerANDREW THALER
TRUSTEE
- Total calculated
- $0
- Hours/week
- 2
-
Dana NewmanDANA NEWMAN
EXECUTIVE DIRECTOR
- Total calculated
- $116,286
- From this org
- $116,286
- From related orgs
- $0
- Other
- $0
- Hours/week
- 40
-
Becky AmaralBECKY AMARAL
TRUSTEE
- Total calculated
- $0
- Hours/week
- 2
-
Don AbbatielloDON ABBATIELLO
TRUSTEE
- Total calculated
- $0
- Hours/week
- 2
-
Marlene ThomasMARLENE THOMAS
TRUSTEE
- Total calculated
- $0
- Hours/week
- 2
-
Pete LesherPETE LESHER
LIAISON
- Total calculated
- $0
- Hours/week
- 2
-
Susan ShermanSUSAN SHERMAN
PRESIDENT
- Total calculated
- $0
- Hours/week
- 2
-
Charles YonkersCHARLES YONKERS
SECRETARY
- Total calculated
- $0
- Hours/week
- 2
-
Robert ForloneyROBERT FORLONEY
VICE-PRESIDENT
- Total calculated
- $0
- Hours/week
- 2
-
Mary PellicanoMARY PELLICANO
TREASURER
- Total calculated
- $0
- Hours/week
- 2
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.
Grants on this return
No itemized grants to organizations on this return.
Related organizations on this return
Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.
-
TALBOT COUNTY FREE LIBRARY FOUNDATION INC
501(C)3 · PROVIDE FOR SAFEKEEPING OF CONTRIBUTIONS AND BEQUESTS FOR THE TCFL · MD
Provenance
- Return type
- form_990
- Tax year
- 2023
- Filed
- 13 December 2024
- IRS schema version
- 2023v5.1
- Source object
- 202403539349300225
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