Overview
What is Sails Inc?
Sails Inc, based in Lakeville, Massachusetts, serves as a nonprofit organization dedicated to promoting literary and educational resources in surrounding communities. Their mission encompasses providing equal access to resources, meeting individual patron needs, and fostering cooperation and leadership through the use of technology. Specifically, Sails Inc manages and supports the enterprise online information and circulation systems for 70 libraries and branches across 40 communities in southeastern Massachusetts. Beyond this, they offer PC support, consultation, group purchasing, staff training, and email services. Overall, Sails Inc aims to enhance the availability and accessibility of knowledge within its local communities.
Official website here: www.sailsinc.org
What are the reviews and ratings of this charity?
Rating from Charity Navigator: 81%, Three-Star out of Four Star rating.
Sails Inc has achieved an overall score of 81%, reflecting a strong commitment to accountability and finance. This score is based exclusively on their Accountability & Finance metrics, which indicates that their financial practices are well-regarded and transparent. The organization has received high marks across the board, particularly for its financial statements, which have been fully audited, and its adherence to policies such as conflict of interest and whistleblower protections.
The charity excels in its program expense ratio, allocating nearly 86% of its budget to program expenses. This demonstrates a focus on delivering services rather than administrative costs. Additionally, the organization has successfully documented its governance practices, maintaining minutes from board meetings and confirming a low liabilities-to-assets ratio, which reflects sound financial health.
While the rating is strong, it is important to consider that the score is solely based on one category, leaving some aspects of the organization’s operations unassessed. Potential donors might want to explore further into program impact and community engagement efforts to get a complete picture of Sails Inc's effectiveness. Overall, the data points to a financially responsible organization dedicated to its mission.
This AI summary has been generated from information found on Charity Navigator.
Is Sails Inc legitimate?
Sails Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Sails 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: $201,205
Professional Fundraising Fees: $0
Other Salaries and Wages: $289,234
For more financial information, click here
Official website here: www.sailsinc.org
What is the mission statement of Sails Inc?
Sails Inc is committed to providing resource sharing, direct and equal access, and meeting the needs of all patrons. They accomplish this through cooperation, leadership, and the use of technology. The organization operates and supports enterprise online information and circulation systems for 70 libraries and branches across various communities. By doing so, Sails Inc aims to promote literacy and educational services in the surrounding areas. Additionally, they offer technical support, group purchasing, staff training, and email services.
Official website here: www.sailsinc.org
Who is the CEO of Sails Inc?
Catherine Coyne is the Director of Sails Inc.
Official website here: www.sailsinc.org
What is the revenue of Sails Inc?
Sails Inc's revenue in 2023 was $1,720,986.
Official website here: www.sailsinc.org
Who are the executives of Sails Inc and what are their salaries?
Here are 18 key members and their salaries:
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Official website here: www.sailsinc.org
Where can I find the form 990 for Sails Inc?
Sails Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.sailsinc.org
Learn more at the official website: www.sailsinc.org
Mission Statement of Sails Inc
Sails Inc, a nonprofit organization, is dedicated to promoting resource sharing and ensuring equal access to resources for all patrons. Through cooperation, leadership, and the utilization of technology, Sails Inc supports and manages the enterprise online information and circulation systems for 70 libraries and branches across various communities. This mission enables Sails Inc to provide a wide range of literary and educational services to the surrounding communities. Additionally, the organization offers technical support and consultation, group purchasing, staff training, and email services. By doing so, Sails Inc strives to meet the diverse needs of its patrons, thereby fostering a thriving community of knowledge-seekers and learners.
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Impact
July, 2024
Sails Inc's impact extends far beyond merely providing literary and educational services in southeastern Massachusetts. By running and supporting the enterprise online information and circulation systems for 70 libraries and branches across 40 communities, Sails Inc ensures that individuals have direct and equal access to a wealth of resources and knowledge. Through cooperation, leadership, and technology, Sails Inc is not only facilitating access to information but also meeting the diverse needs of patrons in a collaborative and efficient manner. Their commitment to providing PC support and consultation, group purchasing, staff training, and email services further enhances the overall impact of their mission in supporting educational and literacy initiatives in the surrounding communities.
This information is meant to be a general summary of Sails 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: $36,310
- Program Service Revenue: $1,330,172
- Gross Receipts: $1,720,986
Assets and Liabilities:
- Total Assets: $2,787,773
- Total Liabilities: $288,396
- Net Assets: $2,499,377
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PROG.SERV.REVENUE-RELA
Revenue
$1,330,172
Organization Details
Founding Year
1995
Phone
(508) 946-8600Principal Officer
Catherine Coyne
Main Address
10 RIVERSIDE DRIVE, LAKEVILLE, MA, 02347
Website
www.sailsinc.orgNTEE Category
Code: B70 - Education
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