Nonprofit · EIN 58-1852153
FRIENDS OF TRANSYLVANIA COUNTY LIBRARY
Tax-exempt · BREVARD, NC 28712
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 | $134,739 | $81,105 | $53,634 | $513,952 | $1,881 | $512,071 |
| December 31, 2024 | 990-EZ | $82,719 | $80,065 | $2,654 | $444,892 | $306 | $444,586 |
| December 31, 2023 | 990-EZ | $105,270 | $94,831 | $10,439 | $386,894 | $1,290 | $385,604 |
Financial details: 990 for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $46,197
- Program service revenue
- $0
- Investment income
- $34,563
- Net gain from sales of assets
- $27,167
- Net income from sales of inventory
- $53,979
- Other revenue
- $53,979
Expenses
- Grants and similar amounts paid
- $0
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Occupancy
- $4,443
- Depreciation
- $356
- Program services (functional)
- $68,830
- Management and general (functional)
- $12,275
Balance sheet and other
- Total assets, start of year
- $444,892
- Total assets, end of year
- $513,952
- Total liabilities, end of year
- $1,881
- Net assets, end of year
- $512,071
- Publicly traded securities
- $427,609
- Net assets without donor restrictions
- $512,071
- Gross receipts
- $138,894
- Employees
- 0
- Volunteers
- 150
- Year formed
- 1989
- State of legal domicile
- NC
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 December 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation | From related orgs |
|---|---|---|---|---|
| Rishara Finsel | Library Director Trustee or director | 40 | $0 | $96,053 |
| Colin Kirkman | President Trustee or director, Officer | 3.8 | $0 | $0 |
| Khaled Khiyar | President-Elect Trustee or director, Officer | 0.9 | $0 | $0 |
| Dave Watts | Treasurer Trustee or director, Officer | 2.1 | $0 | $0 |
| Jeni Brandon | Secretary Trustee or director, Officer | 6.8 | $0 | $0 |
| Phil Stewart | Publicity Chair Trustee or director | 1.8 | $0 | $0 |
| Gerri Jergensen | Book Room Chair Trustee or director | 6 | $0 | $0 |
| Charlene Montante | Membership Chair Trustee or director | 2.8 | $0 | $0 |
| Susan Goldsworthy | Volunteer Chair Trustee or director | 4.9 | $0 | $0 |
990-EZ for the year ended December 31, 2024: 8 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Colin Kirkman | President | 3 | $0 |
| Khaled Khiyar | President-Elect | 1.75 | $0 |
| Jeni Brandon | Secretary | 5.75 | $0 |
| Dave Watts | Treasurer | 2.5 | $0 |
| Phil Stewart | Publicity Chair | 1 | $0 |
| Gerri Jergensen | Book Room Chair | 6 | $0 |
| Charlene Montante | Membership Chair | 2.5 | $0 |
| Susan Goldsworthy | Volunteer Chair | 3.75 | $0 |
990-EZ for the year ended December 31, 2023: 10 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Jane Carter | President | 1.33 | $0 |
| Colin Kirkman | Vice-President | 1.89 | $0 |
| Jeni Brandon | Secretary | 5.79 | $0 |
| Patrick Kennerly | Treasurer | 1.13 | $0 |
| Holly Votaw | Board Member | 0.12 | $0 |
| Gerri Jergensen | Board Member | 5.88 | $0 |
| Susan Goldsworthy | Board Member | 3.89 | $0 |
| Charlene Montante | Board Member | 2.54 | $0 |
| Phil Stewart | Board Member | 0.66 | $0 |
| Dave Watts | Board Member | 0.64 | $0 |
Address and contacts
- Address (IRS master file)
- 212 S GASTON ST, BREVARD, NC 28712-3704
- Principal officer (990 for 2025)
- David L Watts, 212 S Gaston St, Brevard, NC 28712
- Signed the 990
- David L Watts, Treasurer
- Phone
- (828) 884-3151
- Return prepared by
- CORLISS & SOLOMON PLLC
Mission
Friends of the Librarys mission is to enhance and support library services by underwriting programs and events, publishing an informative newsletter, and making special purchases.
Program accomplishments
- Adult Services - Speakers, community activities, instructors, musical performances, programs, and materials.Expenses $68,830
- Youth Services - Summer reading program, writing contests, author visits, book clubs, and community events.
- Administrative Services - Support for the bookstore and annual book sale, newsletter, as well as donor and member support services.
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 December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | 990 on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990-EZ on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990-EZ on file |
IRS record
- EIN
- 58-1852153
- 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
- 1989
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Assets (IRS master file)
- $513,952
- Income (IRS master file)
- $138,894
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2025 | $134,739 | $81,105 | $513,952 | IRS |
| 990-EZ | December 2024 | $82,719 | $80,065 | $444,892 | XML |
| 990-EZ | December 2023 | $105,270 | $94,831 | $386,894 | XML |
| 990-EZ | December 2022 | – | – | – | IRS |
| 990-EZ | December 2021 | – | – | – | IRS |
| 990-EZ | December 2020 | – | – | – | IRS |
| 990-EZ | December 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 58-1852153).
Questions about FRIENDS OF TRANSYLVANIA COUNTY LIBRARY
- What is the EIN of FRIENDS OF TRANSYLVANIA COUNTY LIBRARY?
- The employer identification number (EIN) of FRIENDS OF TRANSYLVANIA COUNTY LIBRARY is 58-1852153.
- Is FRIENDS OF TRANSYLVANIA COUNTY LIBRARY tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1989.
- Are donations to FRIENDS OF TRANSYLVANIA COUNTY LIBRARY tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does FRIENDS OF TRANSYLVANIA COUNTY 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 TRANSYLVANIA COUNTY LIBRARY due?
- The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did FRIENDS OF TRANSYLVANIA COUNTY LIBRARY last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2025.
- Who is the principal officer of FRIENDS OF TRANSYLVANIA COUNTY LIBRARY?
- The 990 for the year ended December 31, 2025 names David L Watts.
- Who are the officers and directors of FRIENDS OF TRANSYLVANIA COUNTY LIBRARY?
- The 990 for the year ended December 31, 2025 lists 9 people; 0 received compensation from the organization.
- How much revenue does FRIENDS OF TRANSYLVANIA COUNTY LIBRARY have?
- On its 990 for the year ended December 31, 2025 it reported revenue of $134,739, expenses of $81,105 and total assets of $513,952 at year end.
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- TRANSYLVANIA HABITAT FOR HUMANITY INC EIN 58-1581118 · last filed 990 for 2025
- TRANSYLVANIA PARTNERSHIP INC EIN 56-1894322 · last filed 990 for 2025
- BOYS AND GIRLS CLUB OF TRANSYLVANIA COUNTY INC EIN 56-2142829 · last filed 990 for 2025
- TRANSYLVANIA CHRISTIAN MINISTRY INC EIN 56-1292875 · last filed 990 for 2025