Overview
What is Royalton Memorial Libary Assoc?
The Royalton Memorial Library Association is a nonprofit organization committed to providing resources to the community and safeguarding knowledge. Their lending services include loan, renewal, and reservation facilities, enhancing accessibility for their patrons. Notably, the Children's Picture Books section underwent a transformation, leading to a significant 35% surge in circulation. Beyond lending, the library engages the community through enriching programs such as Story Time and Summer Reading, which incorporate music and crafts, fostering a delightful learning experience for children.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 47% (Zero-Star out of Four Star rating)
The Royalton Memorial Library Association has received a low rating of 47% from Charity Navigator, reflecting significant concerns in its accountability and financial management practices. While the organization demonstrates strengths in governance, such as having a fully independent board and established policies for conflict of interest and whistleblower protections, it struggles in critical financial areas.
Key financial metrics reveal a concerning program expense ratio of only 27.34%, indicating that a substantial portion of its budget may not be directed toward its mission-driven activities. Additionally, the charity has been marked down for its lack of transparency, as it does not provide crucial tax forms on its website, which hinders stakeholder trust.
Despite these limitations, the charity does maintain some positive governance practices, as evidenced by its documentation of board meeting minutes and absence of material asset diversion. Overall, potential donors and stakeholders should weigh these financial concerns against the organization's governance strengths when considering support.
This AI summary has been generated from information found on Charity Navigator.
Is Royalton Memorial Libary Assoc legitimate?
Royalton Memorial Libary Assoc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Royalton Memorial Libary Assoc submitted a form 990EZ, 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.
What is the mission statement of Royalton Memorial Libary Assoc?
The Royalton Memorial Library Association's mission is centered around making valuable resources accessible to the community and safeguarding knowledge. Through their lending services, they offer facilities for loaning, renewing, and reserving materials. Notably, a recent revamp and re-categorization of the Children's Picture Books section led to an impressive 35% increase in circulation. Furthermore, the library enriches the community by organizing programs such as Story Time and Summer Reading events, incorporating music, crafts, and other engaging activities.
Who is the CEO of Royalton Memorial Libary Assoc?
Bridgett Taylor is the President of Royalton Memorial Libary Assoc.
What is the revenue of Royalton Memorial Libary Assoc?
Royalton Memorial Libary Assoc's revenue in 2023 was $110,140.
Who are the executives of Royalton Memorial Libary Assoc and what are their salaries?
Here are 10 key members and their salaries:
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- Compensation: $31,654
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- Compensation: $4,667
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Where can I find the form 990EZ for Royalton Memorial Libary Assoc?
Royalton Memorial Libary Assoc's most recent form 990EZ was submitted in 2023 and can be accessed here.
Mission Statement of Royalton Memorial Libary Assoc
The Royalton Memorial Library Association is dedicated to fulfilling its mission by making resources accessible to the community and preserving knowledge. This mission is accomplished through various services, such as offering loan, renewal, and reservation facilities for books. A significant stride was made in this regard when the Children's Picture Books area was recently revitalized and reorganized, leading to a substantial increase in circulation by 35%. To engage and educate the community, particularly children, the library also hosts programs like Story Time and Summer Reading, which incorporate music and crafts. These initiatives aim to promote literacy and creativity, fostering a love for learning within the community.
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Impact
October, 2024
The Royalton Memorial Library Association significantly enhances community access to knowledge and resources in South Royalton, VT. By providing comprehensive lending services, including loan, renewal, and reservation capabilities, the library ensures that community members can easily find and enjoy a wide range of materials.
Recent improvements, such as the redesign and re-cataloging of the Children's Picture Books area, have proven effective, resulting in a remarkable 35% increase in circulation. This successful initiative reflects the library's commitment to fostering a love of reading and making literature accessible to young families.
Furthermore, the library enriches community life through engaging programs like Story Time and Summer Reading. These offerings, which incorporate music and crafts, not only promote literacy but also encourage bonding among families and enhance educational experiences for children. Through its efforts, the Royalton Memorial Library Association plays a crucial role in preserving knowledge and nurturing a vibrant, informed community.
This information is meant to be a general summary of Royalton Memorial Libary Assoc. 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: $20,999
- Program Service Revenue: $526
- Gross Receipts: $112,253
Assets and Liabilities:
- Total Assets: $403,419
- Total Liabilities: $0
- Net Assets: $403,419
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Organization Details
Principal Officer
Bridgett Taylor
Main Address
PO BOX 179, S ROYALTON, VT, 050680179
NTEE Category
Code: B70I - Education
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