Skip to main content

Nonprofit · EIN 52-1936458

THE TALBOT COUNTY FREE LIBRARY FOUNDATION INC

Tax-exempt · EASTON, MD 21601

Financials

$75K$105K2022$178K$83K2023$209K$125K2024
Revenue Expenses · by fiscal year end
Financials of THE TALBOT COUNTY FREE LIBRARY FOUNDATION INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
June 30, 2025990$209,340$124,916$84,424$3,517,598$267,889$3,249,709
June 30, 2024990$177,767$82,767$95,000$3,193,692$196,943$2,996,749
June 30, 2023990$74,618$104,588-$29,970$2,828,473$122,235$2,706,238
Financial details: 990 for the year ended June 30, 2025

Revenue

Contributions, gifts and grants
$120,699
Program service revenue
$0
Investment income
$88,641
Other revenue
$0

Expenses

Grants and similar amounts paid
$68,038
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Accounting fees
$13,200
Occupancy
$13,000
Program services (functional)
$81,038
Management and general (functional)
$37,131
Fundraising (functional)
$6,747

Balance sheet and other

Total assets, start of year
$3,193,692
Total assets, end of year
$3,517,598
Total liabilities, end of year
$267,889
Net assets, end of year
$3,249,709
Net assets without donor restrictions
$1,080,796
Net assets with donor restrictions
$2,168,913
Gross unrelated business income
$88,641
Gross receipts
$209,340
Employees
0
Volunteers
0
Year formed
1995
State of legal domicile
MD

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
MICHAEL MCMILLANDIRECTOR
Trustee or director
10$0
SUSAN SHERMANDIRECTOR
Trustee or director
10$0
JOHN WATTERSTREASURER
Officer
15$0
AMANDA DAVIDPRESIDENT
Officer
15$0
990 for the year ended June 30, 2024: 5 people
NameTitleHours / weekCompensation
MICHAEL MCMILLANDIRECTOR
Trustee or director
5$0
SUSAN SHERMANDIRECTOR
Trustee or director
5$0
RALPH ALEXANDERDIRECTOR
Trustee or director
5$0
JOHN WATTERSTREASURER
Officer
5$0
AMANDA DAVIDPRESIDENT
Officer
15$0
990 for the year ended June 30, 2023: 5 people
NameTitleHours / weekCompensation
MICHAEL MCMILLANDIRECTOR
Trustee or director
5$0
SUSAN SHERMANDIRECTOR
Trustee or director
5$0
RALPH ALEXANDERDIRECTOR
Trustee or director
5$0
JOHN WATERSTREASURER
Officer
5$0
AMANDA DAVIDPRESIDENT
Officer
15$0

Address and contacts

Address (IRS master file)
100 W DOVER ST, EASTON, MD 21601-2620
In care of
% C KEATING BOWIE
Principal officer (990 for 2024)
JOHN WATTERS, 100 WEST DOVER STREET, EASTON, MD 21601
Signed the 990
JOHN WATTERS, TREASURER
Phone
(410) 822-1626
Return prepared by
ACCOUNTING STRATEGIES GROUP LLC

Mission

TO MANAGE THE INVESTMENTS DONATED BY THE GENERAL PUBLIC IN A MANNER THAT WILL ENSURE THE FUTURE OF THE TALBOT COUNTY FREE LIBRARY ASSOCIATION EFFECTIVELY AND SUCCESSFULLY. TO ENSURE THAT INVESTMENTS ARE SAFEGUARDED AND SPENT ACCORDING TO THE DONOR WISHES.

990 for the year ended June 30, 2025

Program accomplishments

  • EXPENDITURES TO THE LIBRARY CONSISTED OF ACQUISITION OF BOOKS, PUBLICATIONS AND MEDIA SERVICES FOR TALBOT COUNTY FREE LIBRARY ASSOCIATION, INC.
    Expenses $81,038 · grants $68,038

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
52-1936458
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Supporting organization (509(a)(3))
Donations deductible (Pub 78)
Supporting organization of unknown type
Exempt since
1995
Accounting year ends
June
Files
Form 990 or 990-EZ
Category (NTEE)
Education (B110)
Assets (IRS master file)
$3,517,598
Income (IRS master file)
$209,340

Filing history

FormYear endedRevenueExpensesAssetsReturn
990June 2025$209,340$124,916$3,517,598XML
990June 2024$177,767$82,767$3,193,692XML
990June 2023$74,618$104,588$2,828,473XML
990June 2022$133,451$110,500$2,736,130IRS
990June 2021–––IRS
990June 2020–––IRS
990June 2019–––IRS
990June 2018–––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 52-1936458).

Questions about THE TALBOT COUNTY FREE LIBRARY FOUNDATION INC

What is the EIN of THE TALBOT COUNTY FREE LIBRARY FOUNDATION INC?
The employer identification number (EIN) of THE TALBOT COUNTY FREE LIBRARY FOUNDATION INC is 52-1936458.
Is THE TALBOT COUNTY FREE LIBRARY FOUNDATION INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1995.
Are donations to THE TALBOT COUNTY FREE LIBRARY FOUNDATION INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Supporting organization of unknown type).
Which annual return does THE TALBOT COUNTY FREE LIBRARY FOUNDATION INC 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 THE TALBOT COUNTY FREE LIBRARY FOUNDATION INC 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 THE TALBOT COUNTY FREE LIBRARY FOUNDATION INC 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 THE TALBOT COUNTY FREE LIBRARY FOUNDATION INC?
The 990 for the year ended June 30, 2025 names JOHN WATTERS.
Who are the officers and directors of THE TALBOT COUNTY FREE LIBRARY FOUNDATION INC?
The 990 for the year ended June 30, 2025 lists 4 people; 0 received compensation from the organization.
How much revenue does THE TALBOT COUNTY FREE LIBRARY FOUNDATION INC have?
On its 990 for the year ended June 30, 2025 it reported revenue of $209,340, expenses of $124,916 and total assets of $3,517,598 at year end.

Other nonprofits in EASTON

All nonprofits in EASTON · Maryland · Education