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

Better Business Bureau Report issued September 2011
Better Business Bureau Report expires September 2012


This BBB Accredited charity meets all 20 Standards for Charity Accountability. 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 purchase books, CD's, educational programs, and crafts for both children and adults for the library. The Friends of the Spring Branch-Memorial Library support the library which in turn provides the programs directly to patrons. The Spring Branch-Memorial Library last year had 17,059 regular borrowers who accounted for a circulation of 478,289. A large number of the books and CDs borrowed were provided by the Friends. During the summer of 2010, the library offered over 51 programs that reached over 1,700 area children. Many of those programs were funded partially or exclusively by the Friends.

For the fiscal year ended May 31, 2011, Friends of the Spring Branch-Memorial Library's program expenses were:

  
Adult books and CDs 11,329
Children’s books, CDs, crafts, and programs 6,186
Special Projects: gaden, interns, professional development, newsletter 3,475
Total Program Expenses: $20,990
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Governance

               

Chief Executive :
Compensation*:

Chair of the Board: Joy Brunner
Chair's Profession / Business Affiliation: Coldwell Banker, real estate agent

Board Size: 16

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 5% of related contributions. (Related contributions, which totaled $31,203, 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 IRS Form 990-EZ for the fiscal year ended May 31, 2011.

Source of Funds  
Contributions, grants, and similar amounts received 31,203
net income from gaming and funraising events 6,297
Gross amount of from sale of assets other than inventory 287
Total Income $37,787


chart



Uses of Funds as a % of Total Expenses

Programs: 90%  Fund Raising: 7%  Administrative: 3% 

Total income   $37,787
  Program expenses $20,990
  Fund raising expenses 1,674
  Administrative expenses 624
 
Total expenses   $23,288
Income in Excess of Expenses   14,499
Beginning net assets   24,815
Other Changes in Net Assets 5
Ending net assets   49,318
Total liabilities  
Total assets   $49,318


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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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