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Nonprofit · EIN 51-0175514

FRIENDS OF THE LAKE OSWEGO PUBLIC LIBRARY

Tax-exempt · LAKE OSWEGO, OR 97034

Financials

$173K$178K2023$204K$163K2024
Revenue Expenses · by fiscal year end
Financials of FRIENDS OF THE LAKE OSWEGO PUBLIC LIBRARY by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
June 30, 2025990$204,074$163,473$40,601$574,320$0$574,320
June 30, 2024990$172,831$178,393-$5,562$525,395$0$525,395
Financial details: 990 for the year ended June 30, 2025

Revenue

Contributions, gifts and grants
$23,882
Membership dues
$12,842
Program service revenue
$0
Investment income
$12,749
Net income from sales of inventory
$167,443
Other revenue
$167,443

Expenses

Grants and similar amounts paid
$48,767
Compensation of officers, directors and key employees
$0
Other salaries and wages
$36,678
Salaries, compensation and benefits (total)
$50,012
Professional fundraising fees
$0
Occupancy
$27,079
Program services (functional)
$159,021
Management and general (functional)
$3,293
Fundraising (functional)
$1,159

Balance sheet and other

Total assets, start of year
$525,395
Total assets, end of year
$574,320
Total liabilities, end of year
$0
Net assets, end of year
$574,320
Publicly traded securities
$65,211
Net assets without donor restrictions
$574,320
Gross receipts
$204,074
Employees
1
Volunteers
52
Year formed
1953
State of legal domicile
OR

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended June 30, 2025, highest compensation first.

NameTitleHours / weekCompensation
PHIL WIKELUNDDirector
Trustee or director
2$0
DONNA NEEDHAMDirector
Trustee or director
2$0
NELL DIAMONDVice President
Trustee or director, Officer
2$0
ANDREW EDWARDSPresident
Trustee or director, Officer
2$0
JANET ARGOTADirector
Trustee or director
2$0
DIANA BOWERDirector
Trustee or director
2$0
DAVID BOWERDirector
Trustee or director
2$0
PARKER HONEYMANSecretary
Trustee or director, Officer
2$0
KENT WATSONDirector
Trustee or director
2$0
JANET BUCKDirector
Trustee or director
2$0
MARY MEDAKTreasurer
Trustee or director, Officer
3$0
ERIC WEBERGDirector
Trustee or director
2$0
990 for the year ended June 30, 2024: 13 people
NameTitleHours / weekCompensation
PHIL WIKELUNDPresident
Trustee or director, Officer
10$0
DONNA NEEDHAMDirector
Trustee or director
8$0
NELL DIAMONDDirector
Trustee or director
8$0
ANDREW EDWARDSVice President
Trustee or director, Officer
10$0
JANET ARGOTADirector
Trustee or director
8$0
DIANA BOWERDirector
Trustee or director
4$0
DAVID BOWERDirector
Trustee or director
4$0
PARKER HONEYMANSecretary
Trustee or director, Officer
10$0
KRISTIN ENGSTROMDirector
Trustee or director
8$0
JANET BUCKDirector
Trustee or director
8$0
MICHELLE-SHARI KRUSSDirector
Trustee or director
4$0
MARY MEDAKTreasurer
Trustee or director, Officer
10$0
ERIC WEBERGDirector
Trustee or director
8$0

Address and contacts

Address (IRS master file)
PO BOX 100, LAKE OSWEGO, OR 97034-0100
Principal officer (990 for 2024)
ANDREW EDWARDS, PO BOX 100, LAKE OSWEGO, OR 97034
Signed the 990
ANDREW EDWARDS, President
Phone
(503) 799-2318
Return prepared by
SHELLY S DAVIS CPA PC

Mission

TO SUPPORT THE MISSION OF THE LAKE OSWEGO PUBLIC LIBRARY, PROVIDE SUPPORT TO INITIATE PROGRAMS WITH LONG TERM IMPACT, TO SUPPORT PROJECTS FOR COMMUNITY USE, AND TO SERVE AS GOODWILL AMBASSADOR FOR THE LIBRARY

990 for the year ended June 30, 2025

Program accomplishments

  • PROMOTE AND SUPPORT THE LAKE OSWEGO PUBLIC LIBRARY PROGRAMS SUCH AS LAKE OSWEGO READS, MUSIC AND AUTHOR SERIES, AND TO ENHANCE THE LIBRARY COLLECTIONS.
    Expenses $159,021 · grants $48,767 · revenue $191,325

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in June, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025June 30, 2026November 16, 2026Not due yet
2024June 30, 2025November 17, 2025990 on file
2023June 30, 2024November 15, 2024990 on file

IRS record

EIN
51-0175514
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (509(a)(2))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
1976
Accounting year ends
June
Files
Form 990 or 990-EZ
Assets (IRS master file)
$574,320
Income (IRS master file)
$204,074

Filing history

FormYear endedRevenueExpensesAssetsReturn
990June 2025$204,074$163,473$574,320IRS
990June 2024$172,831$178,393$525,395IRS
990June 2023$156,397$165,202$521,751IRS
990June 2022–––IRS
990June 2021–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 51-0175514).

Questions about FRIENDS OF THE LAKE OSWEGO PUBLIC LIBRARY

What is the EIN of FRIENDS OF THE LAKE OSWEGO PUBLIC LIBRARY?
The employer identification number (EIN) of FRIENDS OF THE LAKE OSWEGO PUBLIC LIBRARY is 51-0175514.
Is FRIENDS OF THE LAKE OSWEGO PUBLIC LIBRARY tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1976.
Are donations to FRIENDS OF THE LAKE OSWEGO PUBLIC LIBRARY tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does FRIENDS OF THE LAKE OSWEGO PUBLIC LIBRARY file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of FRIENDS OF THE LAKE OSWEGO PUBLIC LIBRARY due?
The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did FRIENDS OF THE LAKE OSWEGO PUBLIC LIBRARY last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended June 2025.
Who is the principal officer of FRIENDS OF THE LAKE OSWEGO PUBLIC LIBRARY?
The 990 for the year ended June 30, 2025 names ANDREW EDWARDS.
Who are the officers and directors of FRIENDS OF THE LAKE OSWEGO PUBLIC LIBRARY?
The 990 for the year ended June 30, 2025 lists 12 people; 0 received compensation from the organization.
How much revenue does FRIENDS OF THE LAKE OSWEGO PUBLIC LIBRARY have?
On its 990 for the year ended June 30, 2025 it reported revenue of $204,074, expenses of $163,473 and total assets of $574,320 at year end.

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