WATERTOWN FREE PUBLIC LIBRARY BUILDING FUND INC

123 Main St
Watertown, MA 02472

www.watertownlib.org

Mission and Programs

Mission

We are the fundraising organization for the Watertown Free Public Library.

Programs

We are a public library serving the residents of Watertown and the Commonwealth of Massachusetts.

Who We Are

To raise funds for the renovation and expansion of the Watertown Free Public Library.

Goals and Results

Accomplishments for Fiscal Year Ending December 31, 2003

1. Town-wide mailing
2. Engraved brick program

Objectives for Fiscal Year Beginning January 1, 2004

1. Raise at least 2/3 of our $1.6 million goal

Financial Data

Revenues and Expenses: Fiscal Year Ending June 30, 2007

Revenue
Contributions	$0
Government Grants	$0
Program Services	$0
Investments	$0
Special Events	$0
Sales	$0
Other	$0
Total Revenue	$114,910
Expenses
Program Services	$75,000
Administration	$5,858
Other	$6,935
Total Expenditures	$87,793
Net Gain/Loss	$0

Balance Sheet: Fiscal Year Ending June 30, 2007

Note: The balance sheet gives a snapshot of the financial health of an organization at a particular point in time. An organization's total assets should generally exceed its total liabilities, or it cannot long survive, but the types of assets and liabilities also must be considered. For instance, an organization's current assets (cash, receivables, securities, etc.) should be sufficient to cover its current liabilities (payables, deferred revenue, current year loan and note payments). Otherwise, the organization may face solvency problems. On the other hand, an organization whose cash and equivalents greatly exceed its current liabilities might not be putting its money to best use.

	July 1, 2006	June 30, 2007	Change
Assets
Cash & Equivalent	$10,248	$37,365	$27,117
Accounts Receivable	$0	$0	$0
Pledges & Grants Receivable	$0	$0	$0
Receivables/Other	$0	$0	$0
Inventories for Sale or Use	$0	$0	$0
Investments/Securities	$0	$0	$0
Investments/Other	$0	$0	$0
Fixed Assets	$0	$0	$0
Other	$0	$0	$0
Total Assets	$0	$37,365	$37,365
Liabilities
Accounts Payable	$0	$0	$0
Grants Payable	$0	$0	$0
Deferred Revenue	$0	$0	$0
Loans and Notes	$0	$0	$0
Tax-Exempt Bond Liabilities	$0	$0	$0
Other	$0	$0	$0
Total Liabilities	$0	$0	$0
Fund Balance	$0	$0	$0

Basic Information

• This organization is a 501(c)(3) Public Charity .
• This organization is required to file an IRS Form 990 or 990-EZ.
• Financial information in this report is derived from the organization's June 30, 2007 Form 990.
• Additional narrative information in this report was last supplied by the organization on March 2, 2004.
• Contributions are deductible, as provided by law.

• EIN

  65-1171650

• Contact

  Ms Leone Cole

• Fax

  (617) 926-4375

• Fiscal Year

  June 30, 2007

• Assets

  $37,365 (from Jun 30, 2007 Form 990)

• Income

  $114,910 (from Jun 30, 2007 Form 990)

• Year Founded

• Ruling Year

  2003

• No. of Board Members

  Information not available

• No. of Full-Time Employees

  0

• No. of Part-Time Employees

  0

• No. of Volunteers

  0

• Funding

  This organization is seeking funds from contributions. These funds will be used for building improvements.

Board of Directors

JOYCE KELLY, DIRECTOR MARSHA LENHOFF, DIRECTOR PATRICIA AHERN, DIRECTOR CECELIA LENK, DIRECTOR GEORGE BOGOSIAN, DIRECTOR JANET FISHMAN, DIRECTOR KAY WESTCOTT, DIRECTOR BEVERLY SHANK, DIRECTOR ALICE ROWAN, DIRECTOR SUSAN BOWEN, DIRECTOR GRACEMARIE LEBLANCE, DIRECTOR LUCIA MASTRANGELO, PRESIDENT ANN BLOOM, VICE PRESIDENT LEONE COLE, DIRECTOR KATHERINE BUTTON, DIRECTOR HOPE CARRAS, DIRECTOR ALEXANDRA QUINN, DIRECTOR SUSAN WAWRZASZEK, SECRETARY DAVID BREAKSTONE, DIRECTOR RAYA STERN, TREASURER CURTIS WHITNEY, DIRECTOR MARY ELLEN MURPHY, DIRECTOR MICHAEL J. HANLON, JR., DIRECTOR

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