Overview
What is Friends Of Middleboro Public Library Inc?
Friends of Middleboro Public Library Inc is a charitable organization based in Middleboro, Massachusetts, specifically at 102 North Main Street. Their primary mission is to contribute financially to additional programs, equipment, and services for the Middleboro Public Library. Through their initiatives, they aim to cater to both adults and children in the community, offering a wide range of activities and scholarship programs. The organization's efforts contribute significantly to enhancing the library's resources and services, thereby enriching the cultural and educational experiences of the local population.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 33%, Zero-Star out of Four Star rating.
Friends Of Middleboro Public Library Inc has received a low rating of 33% from Charity Navigator, which highlights significant concerns regarding its accountability and financial practices. The organization has earned full points in areas such as having a majority of independent board members and maintaining transparency through documented board meeting minutes. However, these strengths are overshadowed by poor financial ratios.
The program expense ratio stands at only 48.71%, indicating that less than half of the organization's expenses are directed towards its programs, which is a concern for potential donors. Additionally, the liabilities to assets ratio is at 0.00%, which suggests a lack of engagement in debt management or proper asset utilization. This combination of factors contributes to the overall low rating, signaling a need for improvement in financial health and program effectiveness.
This AI summary has been generated from information found on Charity Navigator.
Is Friends Of Middleboro Public Library Inc legitimate?
Friends Of Middleboro Public Library Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Friends Of Middleboro Public Library 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 Friends Of Middleboro Public Library Inc?
The mission of Friends Of Middleboro Public Library Inc is centered around providing funding for additional programs, equipment, and services for the Middleboro Public Library. This organization aims to enhance the library's offerings, catering to both adult and children's needs. Furthermore, they also offer scholarship programs to support educational initiatives.
Who is the CEO of Friends Of Middleboro Public Library Inc?
Colleen Evers is the President of Friends Of Middleboro Public Library Inc.
What is the revenue of Friends Of Middleboro Public Library Inc?
Friends Of Middleboro Public Library Inc's revenue in 2023 was $41,173.
Who are the executives of Friends Of Middleboro Public Library Inc and what are their salaries?
Here are 4 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
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- Other: $0
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- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Friends Of Middleboro Public Library Inc?
Friends Of Middleboro Public Library Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Friends Of Middleboro Public Library Inc
Friends of Middleboro Public Library Inc, as a nonprofit organization, is committed to providing funding for supplemental programs, equipment, and services for the Middleboro Public Library. Their mission is to enrich and expand the library's offerings, ensuring that both adults and children in the community have access to various educational and recreational resources. The organization supports scholarship programs, furthering the library's ability to offer financial aid for individuals seeking to advance their knowledge and skills. Through their funding, Friends of Middleboro Public Library Inc contributes to the overall growth and development of the library, enhancing its capacity to serve the community effectively.
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Impact
August, 2024
Friends of Middleboro Public Library Inc has a significant impact on the Middleboro community by providing funding for supplemental programs, equipment, and services for the Middleboro Public Library. These programs cater to both adults and children, including scholarship programs. By supporting these initiatives, the organization helps enhance educational opportunities, promote literacy, and foster a love for the arts within the community. The Friends of Middleboro Public Library Inc plays a crucial role in ensuring that the library remains a vibrant hub of learning and culture for residents of Middleboro, Massachusetts.
This information is meant to be a general summary of Friends Of Middleboro Public Library 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: $11,684
- Gross Receipts: $41,173
Assets and Liabilities:
- Total Assets: $588,308
- Total Liabilities: $0
- Net Assets: $588,308
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Organization Details
Founding Year
1988
Phone
(508) 946-2470Principal Officer
Colleen Evers
Main Address
102 NORTH MAIN ST, Middleboro, MA, 02346
NTEE Category
Code: A11 - Arts
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