Overview
What is Patten Free Library?
Patten Free Library is a nonprofit organization situated in Bath, Maine, specifically at 33 Summer Street. It serves five local communities, offering a wide array of library services gratis to the public. The library's mission is to enrich lives, foster lifelong learning, preserve local heritage, and cultivate community spirit through engaging, creative endeavors. With a dedicated workforce of 28 employees, the library transforms its community by providing free access to books, educational programs, and historical resources.
Official website here: www.patten.lib.me.us
What are the reviews and ratings of this charity?
Charity Navigator Rating: 75% (Three-Star out of Four Stars)
Patten Free Library has received a Three-Star rating from Charity Navigator, indicating a solid performance in several accountability and financial areas. The library excels in community engagement with a perfect score in its Culture & Community category. Its program expense ratio of 81.15% suggests that a significant portion of its budget is allocated to programmatic activities rather than administrative costs.
Strengths noted in the evaluation include a fully independent board and a strong feedback collection and utilization strategy, both scoring 100%. However, there are several governance areas identified as limitations, such as missing whistleblower and document retention policies, and the tax form is not posted on the organization's website. These gaps might raise concerns about the overall transparency and accountability practices of the library.
Despite these shortcomings, the library maintains a low liability-to-assets ratio, showcasing good financial health. The organization does face challenges in collecting feedback from the community, which may impact its ability to adapt to the needs and preferences of its patrons. Overall, Patten Free Library demonstrates a commitment to its mission but has room for improvement in governance policies.
This AI summary has been generated from information found on Charity Navigator.
Is Patten Free Library legitimate?
Patten Free Library is a legitimate nonprofit organization registered as a 501(c)(3) entity. Patten Free Library submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $81,553
Professional Fundraising Fees: $0
Other Salaries and Wages: $443,389
For more financial information, click here
Official website here: www.patten.lib.me.us
What is the mission statement of Patten Free Library?
The Patten Free Library's mission is to positively impact lives, foster lifelong learning, safeguard local history, and strengthen community ties through engaging, innovative activities. It achieves this objective by offering a variety of library services to the public of the five served communities at no cost. The library's mission is realized through joyful and creative means, ensuring that it serves as a vital resource for the community.
Official website here: www.patten.lib.me.us
Who is the CEO of Patten Free Library?
Lesley Dolinger is the Treasurer of Patten Free Library.
Official website here: www.patten.lib.me.us
What is the revenue of Patten Free Library?
Patten Free Library's revenue in 2023 was $1,302,929.
Official website here: www.patten.lib.me.us
Who are the executives of Patten Free Library and what are their salaries?
The average compensation at Patten Free Library during 2023 was $18,748. There are 28 employees and 100 volunteers at Patten Free Library.
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Official website here: www.patten.lib.me.us
Where can I find the form 990 for Patten Free Library?
Patten Free Library's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.patten.lib.me.us
Learn more at the official website: www.patten.lib.me.us
Mission Statement of Patten Free Library
The Patten Free Library is an institution dedicated to transforming lives, fostering lifelong learning, preserving local history, and building community. It achieves this mission through joyful and creative means. The library provides a wide array of library services free of charge to the public of the five communities it serves. By doing so, it strives to inspire learning, safeguard historical records, and promote community bonding. The Patten Free Library's activities are designed to engage and enrich the lives of its patrons, contributing to their personal growth and community development.
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Impact
July, 2024
Patten Free Library in Bath, Maine, has a significant impact by transforming lives, inspiring lifelong learning, preserving local history, and building community through joyful and creative means. This impact is achieved by providing a full range of library services free to the public in the five communities it serves.
Through its mission of transforming lives and inspiring learning, Patten Free Library plays a crucial role in fostering education and knowledge within its community. The library's efforts to preserve local history also contribute to a sense of identity and heritage among residents. Additionally, by offering a space for community engagement and creativity, the library helps to build strong bonds and connections among its members.
Overall, Patten Free Library's impact extends beyond just providing books and resources; it enriches the community with opportunities for growth, connection, and cultural preservation.
This information is meant to be a general summary of Patten Free Library. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2023.
- Investment Income: $681,820
- Program Service Revenue: $62,273
- Gross Receipts: $1,582,114
Assets and Liabilities:
- Total Assets: $10,907,875
- Total Liabilities: $31,458
- Net Assets: $10,876,417
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
LIBRARY BOOKSTORE
Revenue
$37,606
FINES & FEES
Revenue
$24,667
Organization Details
Founding Year
1847
Phone
(207) 443-5141Principal Officer
Lesley Dolinger
Main Address
33 SUMMER STREET, BATH, ME, 04530
Website
www.patten.lib.me.usNTEE Category
Code: B71Z - Education
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