Overview
What is The Millicent Library?
The Millicent Library serves as a vital public resource in Fairhaven, Massachusetts. As a lending library, it offers a wealth of books and resources for the community. Beyond its primary role, The Millicent Library also engages in various programs and activities that promote libraries and library science. These initiatives contribute to the overall development and appreciation of libraries within the community.
Official website here: www.millicentlibrary.org
What are the reviews and ratings of this charity?
Charity Navigator Rating 88% - Three-Star out of Four Star Rating
The Millicent Library has achieved an 88% rating from Charity Navigator, indicating a solid level of accountability and financial health. The organization boasts a fully independent board and high scores in financial oversight and program expenses, demonstrating effective management and a commitment to its mission. The majority of its funding appears to be directed toward programs, with an impressive program expense ratio of 81.34%.
Despite these strengths, there are notable limitations in governance practices. The library lacks essential policies, such as a conflict of interest policy and a whistleblower policy, which are critical for fostering transparency and trust. Additionally, the absence of its tax form on the nonprofit's website may raise questions about accessibility and compliance.
Overall, while The Millicent Library shows strong financial performance and governance through its independent board and operational metrics, addressing its policy gaps could enhance its credibility and operational integrity.
This AI summary has been generated from information found on Charity Navigator.
Is The Millicent Library legitimate?
The Millicent Library is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Millicent 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:
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Official website here: www.millicentlibrary.org
What is the mission statement of The Millicent Library?
The Millicent Library serves as a public lending library, dedicating its efforts to offering various programs related to libraries and library science. Its primary mission is to provide a space where individuals can access a wide range of books and resources, fostering a love for reading and knowledge. The library also engages in activities that promote library science and education, contributing to the intellectual growth and development of its community.
Official website here: www.millicentlibrary.org
Who is the CEO of The Millicent Library?
Kathy L Lopes is the President of The Millicent Library.
Official website here: www.millicentlibrary.org
What is the revenue of The Millicent Library?
The Millicent Library's revenue in 2023 was $843,360.
Official website here: www.millicentlibrary.org
Who are the executives of The Millicent Library and what are their salaries?
There are 13 employees and 13 volunteers at The Millicent Library.
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Official website here: www.millicentlibrary.org
Where can I find the form 990 for The Millicent Library?
The Millicent Library's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.millicentlibrary.org
Learn more at the official website: www.millicentlibrary.org
Mission Statement of The Millicent Library
The Millicent Library, as a public lending library, serves a significant role in Fairhaven, Massachusetts, by offering various programs related to libraries and library science. Its primary mission is to function as a repository of knowledge, making a vast array of books, resources, and information readily available for public use. This public institution fosters a culture of learning and literacy, encouraging individuals to explore, discover, and engage with literature and library-related concepts. By operating these programs, The Millicent Library contributes to the intellectual growth and development of its community, promoting lifelong learning and fostering a love for literature.
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Impact
July, 2024
The Millicent Library in Fairhaven, MA, has a significant impact on the community by providing access to a wide range of resources and programs related to libraries and library science. Through its public lending library services, the Millicent Library plays a crucial role in promoting literacy, education, and lifelong learning among residents of all ages in Fairhaven and beyond. The library's programs and initiatives contribute to the intellectual and cultural enrichment of the community, making it a valuable and essential resource for all who seek knowledge and information.
This information is meant to be a general summary of The Millicent 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: $12,002
- Program Service Revenue: $2,083
- Gross Receipts: $843,360
Assets and Liabilities:
- Total Assets: $1,613,962
- Total Liabilities: $41,034
- Net Assets: $1,572,928
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
FINES AND OTHER
Revenue
$2,083
Organization Details
Founding Year
1892
Phone
(508) 992-5342Principal Officer
Kathy L Lopes
Main Address
PO BOX 30, FAIRHAVEN, MA, 02719
Website
www.millicentlibrary.orgNTEE Category
Code: B71Z - Education
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