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TRANSYLVANIA COUNTY LIBRARY FOUNDATION

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Public IRS 990 nonprofit record

TRANSYLVANIA COUNTY LIBRARY FOUNDATION

EIN 56-6011584 · Libraries (B70)

What they do

to Obtain and Manage Funds and Memorials and to Receive Gifts, Grants and Bequests for The Use of The Transylvania County Library; to Promote and Support Library Services In Transylvania County.

Before you give

Should I give to this charity?

Easy charity check
Look at where the money went

Of every $100 spent, about $74.10 was reported for mission work. Use the spending picture below and ask what results that work produced.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2024The charity has a recent tax report to read.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders13 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

189.33%of revenue went to mission work74.1% of expenses · Program services
5.56%of revenue went to fundraising2.2% of expenses
$255.62spent for every $100 of revenueSpending was higher than revenue this year.
60.73%of revenue went to management and office costs23.8% of expenses
$28.62in assets for every $1 spent this yearSome assets cannot be spent right away.
27.4%of its money came from giftsOther money may come from services or investments.

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  1. Who did you help? Ask for a recent story or report that shows real results.
  2. What will my money do? Ask exactly what your gift will pay for.
  3. Is this really the charity? Give only through its official website or confirmed phone number.

Worth asking: Expenses exceeded revenue by $123,675 this year. Ask whether that was planned or caused by a one-time event.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2024

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

How each $100 of revenue was used

The large number compares each expense with revenue. The smaller number shows its share of total expenses.

Total reported revenue$79,472
Mission workProgram services$150,461189.33% of revenue74.1% of expenses
ManagementOffice and general costs$48,26660.73% of revenue23.8% of expenses
FundraisingAsking for donations$4,4205.56% of revenue2.2% of expenses
Total expenses$203,147255.62% of revenue

Expenses were greater than revenue, so the colored ring fills the available $100 and the total above 100% is shown below.

Has the pattern changed?

Colored bars = expense mix: how each year’s expenses were divided. Total expenses vs. revenue shows whether the charity spent less or more than it received. The current filing is first.

YearExpense mixDetails
2024CurrentExpense mix: 74.1% mission · 23.8% management · 2.2% fundraisingTotal expenses: 255.62% of revenue
2023Expense mix: 77.1% mission · 21.9% management · 1.1% fundraisingTotal expenses: 212.03% of revenue
2022Expense mix: 81.1% mission · 18.3% management · 0.6% fundraisingTotal expenses: 75.40% of revenue
2021Expense mix: 64.7% mission · 33.4% management · 1.9% fundraisingTotal expenses: 81.91% of revenue
2020Expense mix: 45.1% mission · 53.5% management · 1.4% fundraisingTotal expenses: 18.90% of revenue
2019Expense mix: 63.0% mission · 36.1% management · 0.8% fundraisingTotal expenses: 92.75% of revenue
2018Expense mix: 62.9% mission · 36.5% management · 0.6% fundraisingTotal expenses: 65.20% of revenue
2017Expense mix: 70.3% mission · 29.6% management · 0.1% fundraisingTotal expenses: 60.89% of revenue

Money in and money out

Revenue$79,472
Expenses$203,147
Annual shortfall $123,675 Expenses were higher than revenue for this filing year.

Reported spending amounts

Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.

Mission work (program services)$150,461 · 74.1% of expenses
Management and office costs$48,266 · 23.8% of expenses
Fundraising$4,420 · 2.2% of expenses
See all reported dollar amounts
Revenue$79,472
Expenses$203,147
Assets$5,814,534
Income$140,884
Contributions$21,751
Mission work (program services)$150,461
Fundraising$4,420
Grants given$44,543
Average grant$11,136
Management and general$48,266
Stocks and bonds$5,770,249
Accounting fees$8,310
Investing fees$37,680
People

Leadership and board

Tax year 2024

Names, titles, time, and compensation below are reported by the organization on its Form 990.

No compensation was reported for these leaders. The complete board and leadership roster is shown below.

Board and leadership roster (13)

ALICE WELLBORNBOARD MEMBER

ANDREW VON CANONBOARD MEMBER

ELIZABETH JORDANBOARD MEMBER

ERIC CALDWELLBOARD MEMBER

HANNAH CAMENZINDBOARD MEMBER

JOHN WELCHVICE-CHAIR

KAREN COLEBOARD MEMBER

LARRY SITTONTREASURER

MICHAEL BAKERBOARD MEMBER

MORRIS JENKINSBOARD CHAIR

RISHARA FINSELSECRETARY

SARAH JUSTICEBOARD MEMBER

SHEILA MOONEYBOARD MEMBER

About this charity

Recognized since
January 1945
Location
212 S GASTON ST, BREVARD, NC 28712-3704
County
Transylvania
In care of
Larry Sitton
Primary officer
Larry Sitton, Treasurer

How to reach them

Filing and classification

Latest tax year
2024
Tax period began
July 1, 2024
Return type
990
Tax preparer
CORLISS & SOLOMON PLLC
NTEE classification
Libraries (B70)
IRS tax category
Libraries
Grant-giving organization
Yes

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About this report: Information comes from public nonprofit records and may show the latest filing available.

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