Overview
What is South Yarmouth Library Association Inc?
The South Yarmouth Library Association Inc is a nonprofit organization based in South Yarmouth, Massachusetts. Their primary mission is to raise funds for the South Yarmouth Library, utilizing these resources to procure library materials, supplies, and equipment. Additionally, they support various programs aimed at both children and adults, fostering a community of lifelong learners. Moreover, they are committed to maintaining gardens on the library's grounds, enhancing the overall aesthetic and environmental appeal of the facility.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 87%, Three-Star out of Four Star Rating
The South Yarmouth Library Association Inc has earned an 87% score, indicating a strong performance in accountability and finance. This rating reflects the organization’s solid governance practices, including a fully independent board of directors and no material diversion of assets. These attributes contribute to a transparent and responsible operation, which can instill confidence in donors and the community.
The organization demonstrates excellent financial health, with a program expense ratio of 88.15%, indicating that a significant portion of its expenses are directed towards its mission-related activities. Additionally, it maintains a perfect liability to assets ratio of 0.00%, showcasing effective financial management and sustainability.
While the overall score is commendable, it is primarily derived from a single beacon focused on accountability and finance. This singular focus means that other aspects of the organization’s effectiveness and impact are not evaluated in this rating, which may limit a comprehensive understanding of its overall performance. Nonetheless, the indicators present suggest that the South Yarmouth Library Association Inc is committed to maintaining high standards in its financial practices and governance.
This AI summary has been generated from information found on Charity Navigator.
Is South Yarmouth Library Association Inc legitimate?
South Yarmouth Library Association Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. South Yarmouth Library Association Inc 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: $0
For more financial information, click here
What is the mission statement of South Yarmouth Library Association Inc?
The South Yarmouth Library Association Inc's primary mission is to raise funds to support the local library. This includes purchasing library materials and supplies, funding programs for both children and adults, and maintaining gardens on the library's premises. By doing so, the association aims to enrich the community's literary and educational experiences. The funds raised also help in organizing various activities and events for library patrons, contributing to a vibrant and engaging library environment.
Who is the CEO of South Yarmouth Library Association Inc?
Richard Simon is the President of South Yarmouth Library Association Inc.
What is the revenue of South Yarmouth Library Association Inc?
South Yarmouth Library Association Inc's revenue in 2023 was $36,007.
Who are the executives of South Yarmouth Library Association Inc and what are their salaries?
There 100 volunteers at South Yarmouth Library Association Inc.
Here are 9 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for South Yarmouth Library Association Inc?
South Yarmouth Library Association Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of South Yarmouth Library Association Inc
The South Yarmouth Library Association Inc is committed to raising funds for the local library. Their primary aim is to procure library materials and supplies, support educational programs for both children and adults, and maintain gardens on the library grounds. By doing so, they contribute significantly to the enrichment of the community's learning resources and outdoor spaces. Their mission is to ensure the library remains a vibrant and engaging hub for knowledge and recreation, catering to the diverse needs of the community.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
August, 2024
South Yarmouth Library Association Inc's impact can be seen in the resources and programs it supports at the South Yarmouth Library. By raising money for the purchase of library materials and supplies, funding programs for both children and adults, and maintaining gardens on the grounds, the association plays a vital role in enhancing the educational and cultural offerings within the community. Through its efforts, it contributes to the enrichment of individuals of all ages by providing access to literature, learning opportunities, and green spaces for relaxation and enjoyment.
This information is meant to be a general summary of South Yarmouth Library Association Inc. 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: $7,035
- Program Service Revenue: $2,622
- Gross Receipts: $39,218
Assets and Liabilities:
- Total Assets: $479,561
- Total Liabilities: $0
- Net Assets: $479,561
Want to help this charity, for free? You can click here to learn more about Give Freely
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
BOOK SALE
Revenue
$2,622
Organization Details
Founding Year
1869
Principal Officer
Richard Simon
Main Address
PO BOX 630, SOUTH YARMOUTH, MA, 02664
NTEE Category
Code: B71Z - Education
If you are a representative of South Yarmouth Library Association Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.