Friends of the Carson City Library

“End of year loss was a gain makeing the end of year loss $0”

“Each year we allocate up to 95% of our total net income from the prior year to the Carson City Library for which the Library must submit a grant request. If the Board approves the request the request is paid after July 1 (The Library is on a fiscal year, we are on a calendar year.”

“4438 Total Other Expenses $367 Dues and Fees Annual list of officers filing fees Secretary of State fiing fees - Membership due to local Chamber of Commerce - Membership to National Library Association -membership - $1653 Gits ($50 gift cards preseneted to our vounteers during annual memberhip meeting - $1576 luncheon for our volunteers at annual membership meeting - $842 Officer liabiliy insurance.”

“$8411 Excess or Deficet Net profit after all above expenses paid 990-EZ line Line 9 minus Line 17.”

“Fixed Assets that we have purchased such as furniture Offfice Equipment - Surveillance equipment - Computer Equipment - Accumulated between 2014 and 2024”

“Liabilities decreased in 2024 because we experienced higher income due to increase in customer base. We are the only remaining book store in Carson City because we are a 100% volunteer organization and other book stores could not compete. We also improved our advertising capability which led to increased customers.”