Overview
What is Thomas Crane Public Library Foundation Inc?
Thomas Crane Public Library Foundation Inc, based in Quincy, Massachusetts, is a nonprofit organization that bolsters the Thomas Crane Public Library's mission. They achieve this by raising the library's visibility and encouraging community involvement. Through their efforts, they procure educational materials, equipment, and furnishings specifically for the library's exclusive use. These resources elevate the library's service level, catering to a broader audience. The foundation's primary goal is to strengthen the Thomas Crane Public Library System and its iconic Richardson Building, contributing to the enrichment of the Quincy community.
Official website here: www.thomascranelibraryfoundation.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 83%, Three-Star out of Four Star rating.
The Thomas Crane Public Library Foundation Inc has received a solid Three-Star rating, indicating a strong performance in accountability and finance. The charity's score reflects outstanding practices in governance, with a fully independent board and effective policies in place to avoid conflicts of interest. The foundation also maintains transparency by listing its website on tax forms and posting relevant financial documents.
Strengths of the organization include a high program expense ratio of 92.35%, which suggests that a significant portion of its funding is directed toward its mission-related activities. Additionally, the absence of material diversion of assets and a favorable liabilities to assets ratio demonstrate sound financial management. The foundation has effectively documented board meeting minutes, further showcasing its commitment to accountability.
However, the organization does have some limitations, particularly the absence of a whistleblower policy and a document retention policy, which could affect its governance framework. Despite these gaps, the overall rating reflects a commendable level of responsibility and dedication to its mission, making the Thomas Crane Public Library Foundation Inc a reliable nonprofit.
This AI summary has been generated from information found on Charity Navigator.
Is Thomas Crane Public Library Foundation Inc legitimate?
Thomas Crane Public Library Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Thomas Crane Public Library Foundation 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
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Official website here: www.thomascranelibraryfoundation.org
What is the mission statement of Thomas Crane Public Library Foundation Inc?
The Thomas Crane Public Library Foundation supports and strengthens the mission of a public library system, including its National Historic Landmark Richardson Building. Their primary objective is to increase the library's visibility and encourage community involvement. To accomplish this, they raise funds to enhance the library's programs and services. The foundation directly purchases educational materials, equipment, and furnishings, thereby enhancing the library's level of service to its patrons. These resources contribute to the overall improvement of the library's offerings and accessibility.
Official website here: www.thomascranelibraryfoundation.org
Who is the CEO of Thomas Crane Public Library Foundation Inc?
Diane Costagliola is the Library Dire of Thomas Crane Public Library Foundation Inc.
Official website here: www.thomascranelibraryfoundation.org
What is the revenue of Thomas Crane Public Library Foundation Inc?
Thomas Crane Public Library Foundation Inc's revenue in 2022 was $46,785.
Official website here: www.thomascranelibraryfoundation.org
Who are the executives of Thomas Crane Public Library Foundation Inc and what are their salaries?
Here are 5 key members and their salaries:
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Official website here: www.thomascranelibraryfoundation.org
Where can I find the form 990 for Thomas Crane Public Library Foundation Inc?
Thomas Crane Public Library Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.thomascranelibraryfoundation.org
Learn more at the official website: www.thomascranelibraryfoundation.org
Mission Statement of Thomas Crane Public Library Foundation Inc
The Thomas Crane Public Library Foundation, Inc. plays a crucial role in supporting and strengthening the mission of the Thomas Crane Public Library System. Through its activities, the foundation aims to raise the library's visibility and encourage community involvement. By directly purchasing educational materials, equipment, and furnishings for the exclusive use of the Thomas Crane Public Library in Quincy, MA, the foundation enhances the library's level of service, ultimately benefiting all its patrons. This commitment to the library and its programs contributes to a more enriched and engaged community.
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Impact
August, 2024
The Thomas Crane Public Library Foundation Inc directly supports and strengthens the mission of the Thomas Crane Public Library System in Quincy, MA. By raising the visibility of the library and its programs, and encouraging community involvement, the foundation enhances the library's level of service to all. Various educational materials, equipment, and furnishings purchased by the foundation benefit the library and its patrons, contributing to the educational and cultural enrichment of the community.
This information is meant to be a general summary of Thomas Crane Public Library Foundation 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 2022.
- Investment Income: $18,362
- Gross Receipts: $147,815
Assets and Liabilities:
- Total Assets: $1,059,601
- Total Liabilities: $0
- Net Assets: $1,059,601
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Organization Details
Founding Year
1995
Principal Officer
Diane Costagliola
Main Address
40 WASHINGTON STREET, QUINCY, MA, 02169
NTEE Category
Code: B70 - Education
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