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Nonprofit · EIN 59-2794507

GREATER LARGO LIBRARY FOUNDATION

Tax-exempt · LARGO, FL 33771

Financials

$1.8M$234K2022$651K$179K2023$585K$204K2024
Revenue Expenses · by fiscal year end
Financials of GREATER LARGO LIBRARY FOUNDATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
September 30, 2025990$585,355$204,179$381,176$4,216,837$6,209$4,210,628
September 30, 2024990$651,175$178,564$472,611$3,831,569$2,117$3,829,452
September 30, 2023990$1,757,838$234,307$1,523,531$3,398,703$41,862$3,356,841
Financial details: 990 for the year ended September 30, 2025

Revenue

Contributions, gifts and grants
$292,126
Program service revenue
$0
Investment income
$290,966
Net income from fundraising events
$1,810
Net income from sales of inventory
$453
Other revenue
$2,263

Expenses

Grants and similar amounts paid
$87,848
Compensation of officers, directors and key employees
$54,921
Salaries, compensation and benefits (total)
$59,074
Professional fundraising fees
$0
Accounting fees
$7,392
Program services (functional)
$122,145
Management and general (functional)
$53,524
Fundraising (functional)
$28,510

Balance sheet and other

Total assets, start of year
$3,831,569
Total assets, end of year
$4,216,837
Total liabilities, end of year
$6,209
Net assets, end of year
$4,210,628
Publicly traded securities
$4,166,539
Net assets without donor restrictions
$1,126,071
Net assets with donor restrictions
$3,084,557
Gross receipts
$586,867
Employees
1
Volunteers
10
Year formed
1987
State of legal domicile
FL

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 September 30, 2025, highest compensation first.

NameTitleHours / weekCompensation
Elliott RakofskyFoundation Director
Officer
30$58,881
Nate CoccoBoard member
Trustee or director
1$0
Margaret FaulknerBoard member
Trustee or director
1$0
Kyle SasserBoard member
Trustee or director
1$0
Deborah SchulerBoard member
Trustee or director
1$0
Ben WileyBoard member
Trustee or director
1$0
Gail SorensenBoard member
Trustee or director
1$0
Robin KatchukBoard member
Trustee or director
1$0
John PlopperBoard member
Trustee or director
1$0
Amy TitusBoard member
Trustee or director
1$0
Laurie BuncePresident
Trustee or director, Officer
2$0
Pat BellVice President
Trustee or director, Officer
2$0
Deborah DyerSecretary
Trustee or director, Officer
2$0
Andrea HartmannTreasurer
Trustee or director, Officer
2$0
990 for the year ended September 30, 2024: 13 people
NameTitleHours / weekCompensation
Elliott RakofskyFoundation Director
Officer
30$53,626
Nate CoccoBoard member
Trustee or director
1$0
Margaret FaulknerBoard member
Trustee or director
1$0
Kyle SasserBoard member
Trustee or director
1$0
Deborah SchulerBoard member
Trustee or director
1$0
Ben WileyBoard member
Trustee or director
1$0
Gail SorensenBoard member
Trustee or director
1$0
Kathy NordlingerBoard member
Trustee or director
1$0
Robin KatchukBoard member
Trustee or director
1$0
Laurie BuncePresident
Trustee or director, Officer
2$0
Pat BellVice President
Trustee or director, Officer
2$0
Deborah DyerSecretary
Trustee or director, Officer
2$0
Andrea HartmannTreasurer
Trustee or director, Officer
2$0
990 for the year ended September 30, 2023: 14 people
NameTitleHours / weekCompensation
Elliott RakofskyFoundation Director
Officer
30$57,205
Nate CoccoBoard member
Trustee or director
1$0
Margaret FaulknerBoard member
Trustee or director
1$0
Kyle SasserBoard member
Trustee or director
1$0
Deborah SchulerBoard member
Trustee or director
1$0
Ben WileyBoard member
Trustee or director
1$0
Andrea HartmannBoard member
Trustee or director
1$0
Kathy NordlingerBoard member
Trustee or director
1$0
Patti KirkBoard member
Trustee or director
1$0
Deborah DyerBoard member
Trustee or director
1$0
Robin KatchukBoard member
Trustee or director
1$0
Gail SorensenPresident
Trustee or director, Officer
2$0
Pat BellVice President
Trustee or director, Officer
2$0
Laurie BunceTreasurer
Trustee or director, Officer
2$0

Address and contacts

Address (IRS master file)
120 CENTRAL PARK DR, LARGO, FL 33771-2110
Principal officer (990 for 2024)
Elliott Rakofsky, 120 Central Park Drive, Largo, FL 33771
Signed the 990
Elliott Rakofsky, Foundation Director
Phone
(727) 586-7398
Website
GLLF.org
Return prepared by
Ellen Fontana CPA LLC

Mission

To support the Largo Public Library through cultivating funding resources and advocating for the enhancement of innovative library services for the communitys educational and social enrichment.

990 for the year ended September 30, 2025

Program accomplishments

  • See Schedule O
    Expenses $122,145 · grants $87,848

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 September, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025September 30, 2026February 15, 2027Not due yet
2024September 30, 2025February 16, 2026990 on file
2023September 30, 2024February 17, 2025990 on file

IRS record

EIN
59-2794507
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
September
Files
Form 990 or 990-EZ
Assets (IRS master file)
$4,216,837
Income (IRS master file)
$586,867

Filing history

FormYear endedRevenueExpensesAssetsReturn
990September 2025$585,355$204,179$4,216,837XML
990September 2024$651,175$178,564$3,831,569XML
990September 2023$1,757,838$234,307$3,398,703XML
990September 2022$283,550$744,128$1,887,278IRS
990September 2021–––IRS
990September 2020–––IRS
990September 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 59-2794507).

Questions about GREATER LARGO LIBRARY FOUNDATION

What is the EIN of GREATER LARGO LIBRARY FOUNDATION?
The employer identification number (EIN) of GREATER LARGO LIBRARY FOUNDATION is 59-2794507.
Is GREATER LARGO LIBRARY FOUNDATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1989.
Are donations to GREATER LARGO LIBRARY FOUNDATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does GREATER LARGO LIBRARY FOUNDATION 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 GREATER LARGO LIBRARY FOUNDATION due?
The return for tax year 2025 (the year ending September 30, 2026) is due February 15, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
When did GREATER LARGO LIBRARY FOUNDATION last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended September 2025.
Who is the principal officer of GREATER LARGO LIBRARY FOUNDATION?
The 990 for the year ended September 30, 2025 names Elliott Rakofsky.
Who are the officers and directors of GREATER LARGO LIBRARY FOUNDATION?
The 990 for the year ended September 30, 2025 lists 14 people; 1 received compensation from the organization, the highest $58,881 (Elliott Rakofsky, Foundation Director).
How much revenue does GREATER LARGO LIBRARY FOUNDATION have?
On its 990 for the year ended September 30, 2025 it reported revenue of $585,355, expenses of $204,179 and total assets of $4,216,837 at year end.

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