VALLEY OF THE TETONS LIBRARY FOUNDATION AND FRIENDS INC: Form 990, tax year 2022

View the entire original 990 at ProPublica ↗

Organization
VALLEY OF THE TETONS LIBRARY FOUNDATION AND FRIENDS INC (EIN 48-1275799)
Tax period
2022-11-01 to 2023-10-31
Filed
2024-03-11
IRS object ID
202430719349301013
Schema version
2022v5.0
Source
Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header ReturnHeader

FieldValueIRS element (for citing)
Return2024-03-11T13:05:56-04:00ReturnTs
Tax Period End2023-10-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN842277274PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1MISSY COLYER CPA PLLCBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line12222 STEELHEAD DRAddressLine1Txt
CityTETONIACityNm
State AbbreviationIDStateAbbreviationCd
ZIP834525012ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2022-11-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN481275799EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1VALLEY OF THE TETONS LIBRARYBusinessNameLine1Txt
Business Name Line2FRIENDS INCORPORATEDBusinessNameLine2Txt
FieldValueIRS element (for citing)
Business Name ControlVALLBusinessNameControlTxt
Phone2087872201PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line156 N MAINAddressLine1Txt
CityVICTORCityNm
State AbbreviationIDStateAbbreviationCd
ZIP83455ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonLAURA CURTISPersonNm
Person TitlePRESIDENTPersonTitleTxt
Phone2087872201PhoneNum
Signature2024-03-11SignatureDt
Discuss With Paid PreparerYes (true)DiscussWithPaidPreparerInd

Signing Officer SigningOfficerGrp

Person Full Name PersonFullName

FieldValueIRS element (for citing)
Person FirstLAURAPersonFirstNm
Person LastCURTISPersonLastNm
FieldValueIRS element (for citing)
SSN999009999SSN
FieldValueIRS element (for citing)
IRS Responsible Prty Info CurrfalseIRSResponsiblePrtyInfoCurrInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonMISSY COLYER CPAPreparerPersonNm
PTINP01005484PTIN
Phone2082013091PhoneNum
Preparation2024-03-11PreparationDt
FieldValueIRS element (for citing)
Tax2022TaxYr
Build TS2023-04-26 12:10:37ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerLAURA CURTISPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line156 N MAIN STAddressLine1Txt
CityDRIGGSCityNm
State AbbreviationIDStateAbbreviationCd
ZIP83422ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$209,599GrossReceiptsAmt
Group Return For AffiliatesfalseGroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website AddressVALLEYOFTHETETONSLIBRARY.ORGWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation1991FormationYr
Legal Domicile StateIDLegalDomicileStateCd
Activity Or MissionTO ENRICH THE RESOURCES AND FACILITIES OF THE VALLEY OF THE TETONS LIBRARY.ActivityOrMissionDesc
Voting Members Governing Body7VotingMembersGoverningBodyCnt
Voting Members Independent7VotingMembersIndependentCnt
Total Employee0TotalEmployeeCnt
Total Volunteers33TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
PY Contributions Grants$69,933PYContributionsGrantsAmt
CY Contributions Grants$209,599CYContributionsGrantsAmt
CY Program Service Revenue$0CYProgramServiceRevenueAmt
CY Investment Income$0CYInvestmentIncomeAmt
CY Other Revenue$0CYOtherRevenueAmt
PY Total Revenue$69,933PYTotalRevenueAmt
CY Total Revenue$209,599CYTotalRevenueAmt
CY Grants And Similar Paid$0CYGrantsAndSimilarPaidAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
CY Salaries Comp Emp Bnft Paid$0CYSalariesCompEmpBnftPaidAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$2,570CYTotalFundraisingExpenseAmt
PY Other Expenses$86,911PYOtherExpensesAmt
CY Other Expenses$209,438CYOtherExpensesAmt
PY Total Expenses$86,911PYTotalExpensesAmt
CY Total Expenses$209,438CYTotalExpensesAmt
PY Revenues Less Expenses-$16,978PYRevenuesLessExpensesAmt
CY Revenues Less Expenses$161CYRevenuesLessExpensesAmt
Total Assets BOY$56,415TotalAssetsBOYAmt
Total Assets EOY$56,576TotalAssetsEOYAmt
Total Liabilities EOY$0TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$56,415NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$56,576NetAssetsOrFundBalancesEOYAmt
MissionTO ENRICH THE RESOURCES AND FACILITIES OF THE VALLEY OF THE TETONS LIBRARY.MissionDesc
Significant New Program SrvcfalseSignificantNewProgramSrvcInd
Significant ChangefalseSignificantChangeInd
Expense$204,090ExpenseAmt
DescSUPPORTED THE LIBRARY'S COLLECTION AND PROGRAMS, INCLUDING EARLY LITERACY PROGRAMS, SUMMER READING PROGRAMS, MAKERSPACE PROGRAMS, AND ADULT ENRICHMENT PROGRAMS. SUPPORTED THE LIBRARY'S "AWARENESS CAMPAIGN- AND ARCHITECTURAL FEES, INCLUDING A COMMUNITY NEEDS ASSESSMENT AND POTENTIAL DESIGNS.Desc
Total Program Service Expenses$204,090TotalProgramServiceExpensesAmt
Described In Section501c3Yes (true)DescribedInSection501c3Ind
Schedule B RequiredYes (true)ScheduleBRequiredInd
Political Campaign ActyfalsePoliticalCampaignActyInd
Lobbying ActivitiesfalseLobbyingActivitiesInd
Subject To Proxy TaxfalseSubjectToProxyTaxInd
Donor Advised FundfalseDonorAdvisedFundInd
Conservation EasementsfalseConservationEasementsInd
Collections Of ArtfalseCollectionsOfArtInd
Credit CounselingfalseCreditCounselingInd
Donor Rstr Or Quasi EndowmentsfalseDonorRstrOrQuasiEndowmentsInd
Report Land Building EquipmentfalseReportLandBuildingEquipmentInd
Report Investments Other SecfalseReportInvestmentsOtherSecInd
Report Program Related InvstfalseReportProgramRelatedInvstInd
Report Other AssetsfalseReportOtherAssetsInd
Report Other LiabilitiesfalseReportOtherLiabilitiesInd
Include FIN48 FootnotefalseIncludeFIN48FootnoteInd
Independent Audit Fincl StmtfalseIndependentAuditFinclStmtInd
Consolidated Audit Fincl StmtfalseConsolidatedAuditFinclStmtInd
School OperatingfalseSchoolOperatingInd
Foreign OfficefalseForeignOfficeInd
Foreign ActivitiesfalseForeignActivitiesInd
More Than5000 K To OrgfalseMoreThan5000KToOrgInd
More Than5000 K To IndividualsfalseMoreThan5000KToIndividualsInd
Professional FundraisingfalseProfessionalFundraisingInd
Fundraising ActivitiesfalseFundraisingActivitiesInd
Gaming ActivitiesfalseGamingActivitiesInd
Operate HospitalfalseOperateHospitalInd
Grants To OrganizationsfalseGrantsToOrganizationsInd
Grants To IndividualsfalseGrantsToIndividualsInd
Schedule J RequiredfalseScheduleJRequiredInd
Tax Exempt BondsfalseTaxExemptBondsInd
Engaged In Excess Benefit TransfalseEngagedInExcessBenefitTransInd
PY Excess Benefit TransfalsePYExcessBenefitTransInd
Loan OutstandingfalseLoanOutstandingInd
Grant To Related PersonfalseGrantToRelatedPersonInd
Business Rln With Org MemfalseBusinessRlnWithOrgMemInd
Business Rln With Fam MemfalseBusinessRlnWithFamMemInd
Business Rln With35 Ctrl EntfalseBusinessRlnWith35CtrlEntInd
Deductible Non Cash ContrifalseDeductibleNonCashContriInd
Deductible Art ContributionfalseDeductibleArtContributionInd
Terminate OperationsfalseTerminateOperationsInd
Partial LiquidationfalsePartialLiquidationInd
Disregarded EntityfalseDisregardedEntityInd
Related EntityfalseRelatedEntityInd
Related Organization Ctrl EntfalseRelatedOrganizationCtrlEntInd
Trnsfr Exmpt Non Chrtbl Rltd OrgfalseTrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted PrtshpfalseActivitiesConductedPrtshpInd
Schedule O RequiredYes (true)ScheduleORequiredInd
IRP Document0IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Employee0EmployeeCnt
Unrelated Bus Incm Over LimitfalseUnrelatedBusIncmOverLimitInd
Foreign Financial AccountfalseForeignFinancialAccountInd
Prohibited Tax Shelter TransfalseProhibitedTaxShelterTransInd
Taxable Party NotificationfalseTaxablePartyNotificationInd
Nondeductible ContributionsfalseNondeductibleContributionsInd
Indoor Tanning ServicesfalseIndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht PymtfalseSubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst IncfalseSubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members7GoverningBodyVotingMembersCnt
Independent Voting Member7IndependentVotingMemberCnt
Family Or Business RlnfalseFamilyOrBusinessRlnInd
Delegation Of Mgmt DutiesfalseDelegationOfMgmtDutiesInd
Change To Org DocumentsfalseChangeToOrgDocumentsInd
Material Diversion Or MisusefalseMaterialDiversionOrMisuseInd
Members Or StockholdersfalseMembersOrStockholdersInd
Election Of Board MembersfalseElectionOfBoardMembersInd
Decisions Subject To ApprovafalseDecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (true)MinutesOfGoverningBodyInd
Minutes Of CommitteesYes (true)MinutesOfCommitteesInd
Officer Mailing AddressfalseOfficerMailingAddressInd
Local ChaptersfalseLocalChaptersInd
Form990 Provided To Gvrn BodyYes (true)Form990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyYes (true)ConflictOfInterestPolicyInd
Annual Disclosure Covered PrsnYes (true)AnnualDisclosureCoveredPrsnInd
Regular Monitoring EnfrcYes (true)RegularMonitoringEnfrcInd
Whistleblower PolicyfalseWhistleblowerPolicyInd
Document Retention PolicyfalseDocumentRetentionPolicyInd
Compensation Process CEOfalseCompensationProcessCEOInd
Compensation Process OtherfalseCompensationProcessOtherInd
Investment In Joint VenturefalseInvestmentInJointVentureInd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

FieldValueIRS element (for citing)
PersonMANDY RASMUSSENPersonNm
Phone2087872201PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line156 N MAIN STREETAddressLine1Txt
CityVICTORCityNm
State AbbreviationIDStateAbbreviationCd
ZIP83455ZIPCd
FieldValueIRS element (for citing)
No Listed Persons CompensatedYes (X)NoListedPersonsCompensatedInd

Form990 Part VII Section A Form990PartVIISectionAGrp (7 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndOfficerOfficerIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmt
JILL CALLAHAN
VICE PRESIDE4.00Yes (X)Yes (X)$0$0$0
LAURA CURTIS
PRESIDENT9.00Yes (X)Yes (X)$0$0$0
PAMALA NOLAN
DIRECTOR3.00Yes (X)$0$0$0
DEBBIE NUSSBAUM
TREASURER1.00Yes (X)Yes (X)$0$0$0
DEBORAH ROULEAU
DIRECTOR1.00Yes (X)$0$0$0
DEBBIE SUSONG
SECRETARY4.00Yes (X)Yes (X)$0$0$0
CINDY WEBER
DIRECTOR1.00Yes (X)$0$0$0
FieldValueIRS element (for citing)
Former Ofcr Employees ListedfalseFormerOfcrEmployeesListedInd
Total Comp Greater Than150 KfalseTotalCompGreaterThan150KInd
Compensation From Other SrcsfalseCompensationFromOtherSrcsInd
All Other Contributions$209,599AllOtherContributionsAmt
Total Contributions$209,599TotalContributionsAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$209,599TotalRevenueColumnAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$1,300TotalAmt
Management And General$1,300ManagementAndGeneralAmt

Advertising AdvertisingGrp

FieldValueIRS element (for citing)
Total$3,728TotalAmt
Program Services$3,575ProgramServicesAmt
Management And General$153ManagementAndGeneralAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$534TotalAmt
Management And General$412ManagementAndGeneralAmt
Fundraising$122FundraisingAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$777TotalAmt
Management And General$777ManagementAndGeneralAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDescTotalTotalAmtProgram ServicesProgramServicesAmtFundraisingFundraisingAmt
LIBRARY IMPROVEMENTS$139,500$139,500
LIBRARY COLLECTIONS$43,904$43,904
LIBRARY PROGRAMS$17,111$17,111
EVENT EXPENSES$1,883$1,883

All Other Expenses AllOtherExpensesGrp

FieldValueIRS element (for citing)
Total$701TotalAmt
Management And General$136ManagementAndGeneralAmt
Fundraising$565FundraisingAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$209,438TotalAmt
Program Services$204,090ProgramServicesAmt
Management And General$2,778ManagementAndGeneralAmt
Fundraising$2,570FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$46,315BOYAmt
EOY$55,976EOYAmt

Other Assets Total OtherAssetsTotalGrp

FieldValueIRS element (for citing)
BOY$10,100BOYAmt
EOY$600EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$56,415BOYAmt
EOY$56,576EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt
FieldValueIRS element (for citing)
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind

No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$56,415BOYAmt
EOY$56,576EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$56,415BOYAmt
EOY$56,576EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$56,415BOYAmt
EOY$56,576EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss$161ReconcilationRevenueExpnssAmt
Method Of Accounting CashYes (X)MethodOfAccountingCashInd
Accountant Compile Or ReviewfalseAccountantCompileOrReviewInd
FS AuditedfalseFSAuditedInd

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
Publicly Supported Org509a2Yes (X)PubliclySupportedOrg509a2Ind

Gifts Grants Contris Rcvd509 GiftsGrantsContrisRcvd509Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$25,237CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$41,565CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$52,994CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$69,933CurrentTaxYearMinus1YearAmt
Current Tax Year$209,599CurrentTaxYearAmt
Total$399,328TotalAmt

Total509 Total509Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$25,237CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$41,565CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$52,994CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$69,933CurrentTaxYearMinus1YearAmt
Current Tax Year$209,599CurrentTaxYearAmt
Total$399,328TotalAmt
FieldValueIRS element (for citing)
Public Support Total509$399,328PublicSupportTotal509Amt

Total Support Calendar Year TotalSupportCalendarYearGrp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$25,237CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$41,565CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$52,994CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$69,933CurrentTaxYearMinus1YearAmt
Current Tax Year$209,599CurrentTaxYearAmt
Total$399,328TotalAmt
FieldValueIRS element (for citing)
Public Support CY5091.00000PublicSupportCY509Pct
Public Support PY5091.00000PublicSupportPY509Pct
Investment Income CY0.00000InvestmentIncomeCYPct
Investment Income PY0.00000InvestmentIncomePYPct
Thirty Thr Pct Suprt Tests CY509Yes (X)ThirtyThrPctSuprtTestsCY509Ind

Form990 Schedule A Part VI Form990ScheduleAPartVIGrp

FieldValueIRS element (for citing)
Form And Line ReferenceSUPPLEMENTAL INFORMATIONFormAndLineReferenceDesc
Explanation2020 INFORMATION AS REPORTED IS A SHORT YEAR FROM JUNE 1, 2021 - OCTOBER 31, 2021. 2018 THROUGH 2019 INFORMATION IS REPORTED ON THE FISCAL YEAR, JUNE 1 - MAY 31.ExplanationTxt

Schedule B IRS990ScheduleB

Contributor Information ContributorInformationGrp

FieldValueIRS element (for citing)
ContributorRESTRICTEDContributorNum

Contributor Business Name ContributorBusinessName

FieldValueIRS element (for citing)
Business Name Line1RESTRICTEDBusinessNameLine1

Contributor US Address ContributorUSAddress

FieldValueIRS element (for citing)
Address Line1RESTRICTEDAddressLine1
Address Line2RESTRICTEDAddressLine2
CityRESTRICTEDCity
StateRESTRICTEDState
ZIP CodeRESTRICTEDZIPCode
FieldValueIRS element (for citing)
Total ContributionsRESTRICTEDTotalContributionsAmt

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (3 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990, PAGE 6, PART VI, LINE 11BTHE COMPLETE COPY OF FORM 990 (INCLUDING ALL REQUIRED SCHEDULES) IS PROVIDED TO EACH BOARD MEMBER FOR REVIEW PRIOR TO FILING. ONCE CHANGES HAVE BEEN MADE OR ARE NOT REQUIRED, APPROVAL IS GRANTED FOR FILING AND A FINAL COPY IS PROVIDED TO ALL BOARD MEMBERS.
FORM 990, PAGE 6, PART VI, LINE 12CTHE CONFLICT OF INTEREST POLICY APPLIES TO ALL DECISION-MAKERS. A DECISION-MAKER IS CONSIDERED TO BE ANY MEMBER OF THE BOARD AND MEMBERS OF ANY INVESTMENT OR DISTRIBUTION COMMITTEE OR ANY OTHER COMMITTEE, MAKING DECISIONS REGARDING ACQUISITION, DISBURSEMENT, OR ALLOCATION OF FUNDS. AT THE BEGINNING OF EACH DECISION-MAKER'S TERM, THE DECISION-MAKER SHALL COMPLETE, AND FILE WITH THE SECRETARY, A CONFLICT OF INTEREST DISCLOSURE STATEMENT. THE POLICY IS ENFORCED BY THE BOARD OF DIRECTORS, AND IT IS A POINT OF ORDER BEFORE VOTING OCCURS.
FORM 990, PAGE 6, PART VI, LINE 19GOVERNING DOCUMENTS ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST.

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