Jackson Madison County Library Foundation FY2022 filing

Tax-deductible

Jackson, TN501(c)(3)EducationEIN 62-1835909Revenue $23K in FY2022

On file with the IRSjmclibrary.org433 E Lafayette St, 38301-6340 · Jackson, TNTax-exempt since Oct 2002Publicly supported charity — 170(b)(1)(A)(vi)

This page gets seen. Tell your story. Claim this org.

The Jackson Madison County Library Foundation was created as a tennessee non profit corporation for the purposes of providing, organizing and administering support to the Jackson Madison County libary.

501(c)(3) charity; gifts are tax-deductible.
100¢ of each $1 spent went to programs.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX

Before you give

FY2022 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
1 of 2
filings with a surplus
Average surplus $24K a year · 7% of revenue · last 2 filings
Worth a look: a surplus in 1 of the last 2 filings.
Pt I · Ln 19 · 2 filings
Spent on programs
100%
of spending
Looks good: 100% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Cash reserves
2 mo
of spending, in cash
Fine: 2.3 months of spending in cash; 1 to 3.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $90
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$0
0% of total assets
Looks good: liabilities are 0% of assets; 50% or less.
Pt X · Ln 26
Independent board members
18
of 18 voting members
Looks good: 18 of 18 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$23K
-97% vs prior year
Spent
$556K
To programs
100%
Net assets
$123K
By yearFY2020–FY2024
Revenue
$23K
FY2022▼ -97%
Tap a bar for its year
Revenue by fiscal year
FY2020$6K
FY2021$688K
FY2022$23K
FY2023$21K
FY2024$15K
Expenses
$556K
FY2022▲ +421%
Tap a bar for its year
Expenses by fiscal year
FY2020Not on file
FY2021$107K
FY2022$556K
FY2023Not on file
FY2024Not on file
Net assets
$123K
FY2022▼ -81%
Tap a bar for its year
Net assets by fiscal year
FY2020$76K
FY2021$657K
FY2022$123K
FY2023$142K
FY2024$135K

From the FY2022 Form 990 · see the original

Give Claim
You’re viewing the FY2022 filing — not the latest on file. See the latest (FY2024) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Oct 2002.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

100 cents of each dollar spent went to programs.

Program services 100% · $555K Management & general 0% · $1K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

Something off? The org can add a note here. Claim this org to fix it.

Who runs it and what they're paid

18 people listed on the 990.

Part VII, Section A · reportable compensation
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
See Jackson Madison County Library Foundation executive salaries →

Are you one of these people? Claim this org to confirm your role

Something off? The org can add a note here. Claim this org to fix it.

Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aNo

Programs and updates

Supports the Jackson Madison County Library by providing, organizing, and administering resources.

Questions for Jackson Madison County Library Foundation

Tap to ask. Jackson Madison County Library Foundation sees how many people are interested.

Your first name shows with your question. Jackson Madison County Library Foundation answers here, for everyone.

Provided by the organization

Know this organization? Claim it to add your story

1 program · $555K · in their own filed words · FY2022
01

Jackson madison county library foundation projects raise funds and administers support to the jackson madison county libary. The foundation purchases books, equipment, and fixtures needed at both locations of the libary. The projects helps keep the community aware of the library.

$555Kprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · received and paid
Grants received · FY2023
Total grants receivedfrom 1 funder$90
Grants paid · 1 grant · $554K · 2022–2022

By the numbers

The FY2022 990, line by line.

1The main four
Money inPt VIII
$23K
Ln 12
Other incomeLn 4–11$19K
Gifts and grantsLn 1h$4K
Investment incomeLn 3$47
Money outPt IX
$556K
Ln 25
Programscol B$555K
Managementcol C$1K
Owns and owesPt X
$123K
net assets · Ln 32
Cash and savingsLn 1–2$107K
Total assetsLn 16$123K
LiabilitiesLn 26$0
PeoplePt VI, VII
18
listed · VII A
PaidVII A0
Voting boardVI 1a18
IndependentVI 1b18
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$4K
Investment incomeLn 3$47
Other incomeLn 4–11$19K
Total revenueLn 12$23K
Assets in detailPt X, end of year
CashLn 1$107K
Cash and savings togetherLn 1–2$107K
Land, buildings, equipmentLn 10c$16K
Total assetsLn 16$123K
LiabilitiesLn 26$0
Net assetsLn 32$123K
OperationsPt I, VI
EmployeesI 50
VolunteersI 6119
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aNo
Whistleblower policyVI 13No
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY22End FY22
Cash and savingsLn 1–2$651K$107K
Land, buildings, equipmentLn 10c$6K$16K
Total assetsLn 16$657K$123K
LiabilitiesLn 26$0$0
Net assetsLn 32$657K$123K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$554K$554K
Accounting feesLn 11c$250$250
Depreciation, depletion and amortizationLn 22$1K$1K
InsuranceLn 23$395$395
Other expenses (24a–d)Ln 24$615$615
Total functional expensesLn 25$556K$555K$1K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest $15K$135K 990 PDF
FY2023 $21K$142K 990 PDF
FY2022 Viewing $23K$556K−$533K$123K 990 PDF
FY2021 $688K$107K$581K$657K 990 PDF
FY2020 $6K$76K 990 PDF

Want to add your own materials alongside these filings? Claim this org

Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2022 990 (6 parts)
Part I · Summary $22,677 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $695,002$3,500
I-9 Program service revenuePrior year $0$0
I-10 Investment incomePrior year $178$47
I-11 Other revenuePrior year −$7,532$19,130
I-12 Total revenuePrior year $687,648$22,677
I-13 Grants and similar amounts paidPrior year $0$553,736
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $0$0
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $106,850$2,423
I-18 Total expensesPrior year $106,850$556,159
I-19 Revenue less expensesPrior year $580,798−$533,482
Part VI · Governance 18 of 18 board members independent, 4 to look at
VI-1a Voting members of the governing body18
VI-1b Independent voting members18
VI-12a Written conflict of interest policyNo
VI-13 Written whistleblower policyNo
VI-14 Document retention and destruction policyNo
VI-15a Process for setting top official's payNo
VI-2 Family or business relationship among officers or directorsNo
Part VIII · Statement of revenue $22,677 across 6 lines filed
VIII-1f All other contributions, gifts and grants$3,500
VIII-1h Total contributions, gifts and grants$3,500
VIII-3 Investment incomeExcluded from tax $47$47
VIII-8 Net income from fundraising eventsExcluded from tax $18,656$18,656
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Related to mission $474$474
VIII-12 Total revenueRelated to mission $474 · Unrelated business $0 · Excluded from tax $18,703$22,677
Part IX · Statement of functional expenses $556,159 across 5 lines filed
IX-1 Grants to domestic organizationsPrograms $553,736$553,736
IX-11c Accounting feesManagement $250$250
IX-22 Depreciation, depletion and amortizationPrograms $1,163$1,163
IX-23 InsuranceManagement $395$395
IX-24 Other expenses (24a–d)Management $615$615
IX-25 Total functional expensesPrograms $554,899 · Management $1,260 · Fundraising $0$556,159
Part X · Balance sheet $123,419 assets, 6 lines filed
X-1 Cash, non-interest-bearingStart of year $650,949$107,228
X-10c Land, buildings and equipment, netStart of year $5,952$16,191
X-16 Total assetsStart of year $656,901$123,419
X-26 Total liabilitiesStart of year $0$0
X-32 Total net assets or fund balancesStart of year $656,901$123,419
X-33 Total liabilities and net assetsStart of year $656,901$123,419
Part XI · Reconciliation of net assets $123,419 net assets at year end
XI-1 Total revenue$22,677
XI-2 Total expenses$556,159
XI-3 Revenue less expenses−$533,482
XI-4 Net assets at start of year$656,901
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$123,419

Form 990 e-file (XML) FY2022 from the IRS · Classification, formation year and address from the IRS Business Master File

Compare with another nonprofit

Names, privacy, and removal requests More

The names, titles, and compensation shown on this page are reproduced from IRS Form 990 filings, which are public records.

Philanthropy.org does not alter the content of those filings. All information appears exactly as reported by the filing organization for the tax year shown.

We publish only information contained in the public IRS filing — and less than the filing contains. Our profile pages do not display street addresses, telephone numbers, personal email addresses, or other personal contact information, even where the filing includes them.

Many people share the same name. A name shown on this page reflects only what one organization reported in one IRS filing for one tax year. It should not be interpreted as identifying any other individual with the same or a similar name.

If you are no longer affiliated with the organization, your name will generally stop appearing in future IRS filings once the organization no longer reports you. Pages for tax years in which you were reported remain published because those filings remain part of the public record.

Philanthropy.org does not alter or remove IRS filing records. Removing a page from this website would not remove the underlying IRS filing, which remains publicly available from the IRS and other publishers of the same information.

If you believe the IRS filing itself is inaccurate, corrections must be made by the filing organization or the IRS directly.

If you ARE the filing organization, claim this org and add context

Made it to the end? Claim this organization

All figures are derived from public IRS Form 990 filings and are presented without evaluation of any organization. philanthropy.org does not rate, score, or rank organizations, including the pay comparisons above.