Lilly Library Association

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 042116611 ✦ Florence, MA ✦ Designated as a 501(c)(3)

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Overview

What is Lilly Library Association?

The Lilly Library Association is a dedicated nonprofit organization that focuses on library services, demonstrating a particular expertise in libraries and library science. Their primary objective is to ensure that the community they serve has access to these essential services. The association's activities revolve around offering library services, thereby contributing to the betterment of knowledge and information dissemination in their community.


Official website here: www.lillylibrary.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 97% (Four-Star out of Four Stars)

The Lilly Library Association has achieved a remarkable score of 97%, earning it a Four-Star rating from Charity Navigator. This high rating indicates a strong commitment to accountability and financial transparency, with the organization scoring particularly well in all evaluated areas. The overall score reflects a focus solely on financial metrics, demonstrating the association's effective allocation of resources.

One of the organization's notable strengths is its governance structure, featuring a fully independent board with no material diversion of assets reported. Additionally, the Lilly Library Association has robust policies in place, including conflict of interest and whistleblower protections, which are essential for maintaining trust and integrity within the nonprofit sector. Their high program expense ratio of 90.91% further highlights their dedication to utilizing funds for their mission rather than administrative costs.

While the Lilly Library Association excels in financial accountability, the evaluation does not address the impact or effectiveness of its programs directly. As such, while the financial health and governance practices are commendable, potential donors may wish to seek further information about the specific outcomes and community impact of their initiatives. Overall, the organization appears to be a sound choice for philanthropic support based on its financial management and governance practices.


This AI summary has been generated from information found on Charity Navigator.

Is Lilly Library Association legitimate?

Lilly Library Association is a legitimate nonprofit organization registered as a 501(c)(3) entity. Lilly Library Association 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $276,298

For more financial information, click here


Official website here: www.lillylibrary.org

What is the mission statement of Lilly Library Association?

The Lilly Library Association's primary mission, as a specialized provider of library services, is to offer these resources to the community it serves. Its main objective is to ensure accessibility to library services, focusing on libraries and library science. This association is committed to promoting and facilitating library use, thereby enriching the community's knowledge and resources.


Official website here: www.lillylibrary.org

Who is the CEO of Lilly Library Association?

James Riddle is the President of Lilly Library Association.


Official website here: www.lillylibrary.org

What is the revenue of Lilly Library Association?

Lilly Library Association's revenue in 2023 was $474,628.


Official website here: www.lillylibrary.org

Who are the executives of Lilly Library Association and what are their salaries?

The average compensation at Lilly Library Association during 2023 was $11,052. There are 25 employees and 15 volunteers at Lilly Library Association.


Here are 8 key members and their salaries:


James Riddle (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Stephen Erikson (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sarah Darling (Treasurer)
  • Compensation: $550
  • Related: $0
  • Other: $0
Arleen Murnane (Clerk)
  • Compensation: $0
  • Related: $0
  • Other: $0
Blaise Bisaillon (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Linda Lenkowski (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Robert Mahar (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Trish Malone (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.lillylibrary.org

Where can I find the form 990 for Lilly Library Association?

Lilly Library Association's most recent form 990 was submitted in 2023 and can be accessed here.


Official website here: www.lillylibrary.org

Learn more at the official website: www.lillylibrary.org

Mission Statement of Lilly Library Association

The Lilly Library Association, as a nonprofit organization, is dedicated to providing and offering library services, with a particular focus on libraries and library science. Its primary objective is to ensure that the community it serves has access to these essential library services. The association's mission is to contribute positively to the world of libraries and library science, making these resources readily available to those who need them. By specializing in this field, the Lilly Library Association aims to play a significant role in promoting literacy and knowledge within its community.

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Impact




July, 2024

The Lilly Library Association has a significant impact on the community it serves in Florence, MA by providing access to library services specializing in libraries and library science. Its mission to offer these services directly benefits individuals seeking educational resources and information within the community. The association's activities help support education and knowledge dissemination, contributing to the overall intellectual development of its members.




This information is meant to be a general summary of Lilly Library Association. 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.

Revenue
$474,628 (2023)
Expenses
$541,891 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $63,035
  • Program Service Revenue: $361,743
  • Gross Receipts: $474,628

Assets and Liabilities:

  • Total Assets: $5,217,446
  • Total Liabilities: $7,819
  • Net Assets: $5,209,627

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

CITY OF NORTHAMPTON IN

Revenue

$357,824

FEE INCOME

Revenue

$3,919

Organization Details

Founding Year

1890

Principal Officer

James Riddle

Main Address

19 MEADOW STREET, FLORENCE, MA, 01062

NTEE Category

Code: B03 - Education

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