Better Business Bureau Report for
Friends of the Spring Branch-Memorial Library

Better Business Bureau Report issued October 2013
Better Business Bureau Report expires October 2014


This BBB Accredited charity meets all 20 Standards for Charity Accountability and is a Seal Holder. Find out more...


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Charity Contact Information

Name: Friends of the Spring Branch-Memorial Library
Address: 930 Corbindale
  Houston, TX 77024
Phone: 713-464-1633
Web Address: n/a
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Better Business Bureau Comments

Year, State Incorporated: 1964, Texas
Affiliates: None
Stated Purpose: The Friends of the Spring Branch-Memorial Library shall be a non-policy-making, non-profit organization, committed to promoting the welfare of the Spring Branch-Memorial Library by raising funds, by communicating the activities and benefits of the library to the local residents and by supporting the library as a cultural and educational asset to the community.

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Evaluation Conclusions

              

Friends of the Spring Branch-Memorial Library meets the 20 Standards for Charity Accountability.
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Programs

              

The Friends of the Spring Branch-Memorial Library raise funds to support the library's summer programs visited by 3,000+ children, purchase furniture, computers, reference materials, and re-paint and re-carpet the library. The Spring Branch-Memorial Library has over 1,500 items checked out per year which comes to an average of 21 items per user during the year.

For the fiscal year ended May 31, 2013, Friends of the Spring Branch-Memorial Library's program expenses were:

  
Special projects, garden, Interns, newsletter 16,524
Adult books/CDs 13,340
Children's books/CDs, Programs and crafts 8,474
Total Program Expenses: $38,338
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Governance

              

Chief Executive :
Compensation*: 

Chair of the Board: Fran Serena, President
Chair's Profession / Business Affiliation: Retired

Board Size: 15

Paid Staff Size: 0

*Compensation includes annual salary and, if applicable, benefit plans, expense accounts, and other allowances.
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Fund Raising

              

Method(s) Used:

direct mail
Fund raising costs were 3% of related contributions. (Related contributions, which totaled $50,243, are donations received as a result of fund raising activities.)
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Tax Status

              

This organization is tax-exempt under section 501(c)(3) of the Internal Revenue Code. It is eligible to receive contributions deductible as charitable donations for federal income tax purposes.
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Financial

              

The following information is based on Friends of the Spring Branch-Memorial Library's unaudited financial statements for the fiscal year ended May 31, 2013.

Source of Funds  
Public Support 44,085
Special Events 6,158
Interest Income 193
Total Income $50,436


chart



Uses of Funds as a % of Total Expenses

Programs: 93%  Fund Raising: 4%  Administrative: 3% 

Total income $50,436
Program expenses $38,338
Fund raising expenses 1,654
Administrative expenses 1,357
Total expenses $41,349
Income in Excess of Expenses 9,087
Beginning net assets 41,026
Ending net assets 50,118
Total liabilities
Total assets $50,118


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Complaints

              

The BBB has processed no complaints about this organization in the past 36 months, our standard reporting period.

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An organization may change its practices at any time without notice. A copy of this report has been shared with the organization prior to publication. It is not intended to recommend or deprecate, and is furnished solely to assist you in exercising your own judgment. If the report is about a charity and states the charity meets or does not meet the BBB Standards for Charity Accountability, it reflects the results of an evaluation of information and materials provided voluntarily by the charity. The name Better Business Bureau is a registered service mark of the Council of Better Business Bureaus, Inc.

This report is not to be used for fund raising or promotional purposes.

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