Overview
What is The Second Century Library Endowment Fund Corporation?
The Second Century Library Endowment Fund Corporation is a nonprofit organization situated in Maryville, Missouri. Their primary mission is to provide financial assistance for various programs, services, and activities at the Maryville Public Library in Maryville, Missouri. Their objective is to establish a stable source of funding to ensure the continuity and expansion of these library initiatives.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 87%, Three-Star out of Four Stars
The Second Century Library Endowment Fund Corporation has earned a solid Three-Star rating from Charity Navigator, reflecting its strong performance in accountability and finance. The charity scored 100% in key areas such as having a fully independent board and no material diversion of assets, indicating a well-managed organization committed to transparency and ethical governance.
The organization demonstrates effective financial health, with a liabilities to assets ratio of 0.00%, showcasing its fiscal responsibility. Furthermore, it allocates 100% of its expenses directly to programs, ensuring that donations are utilized effectively for its intended purpose, which is a significant strength in its operational model.
Despite these strengths, the overall score is solely based on a single beacon score focused on accountability and finance, which may suggest limitations in assessing other operational aspects such as program impact or community engagement. Overall, the organization appears to have a strong governance framework in place, making it a credible option for potential donors.
This AI summary has been generated from information found on Charity Navigator.
Is The Second Century Library Endowment Fund Corporation legitimate?
The Second Century Library Endowment Fund Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Second Century Library Endowment Fund Corporation 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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What is the mission statement of The Second Century Library Endowment Fund Corporation?
The mission of The Second Century Library Endowment Fund Corporation is to ensure a stable source of financial backing for specific programs, services, and activities at the Maryville Public Library in Missouri. This organization's primary objective is to provide financial support for these library initiatives, thereby contributing to the enrichment and continuation of these offerings. By doing so, they are helping to sustain the library's role in fostering education, knowledge, and community engagement.
What is the revenue of The Second Century Library Endowment Fund Corporation?
The Second Century Library Endowment Fund Corporation's revenue in 2023 was $6,029.
Who are the executives of The Second Century Library Endowment Fund Corporation and what are their salaries?
Here are 10 key members and their salaries:
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Where can I find the form 990 for The Second Century Library Endowment Fund Corporation?
The Second Century Library Endowment Fund Corporation's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of The Second Century Library Endowment Fund Corporation
The Second Century Library Endowment Fund Corporation is an organization dedicated to ensuring a stable financial future for certain programs, services, and activities at the Maryville Public Library in Maryville, Missouri. Their mission is centered around providing financial support for these library initiatives, aiming to enrich and expand the library's offerings and impact within its community. This support enables the library to continue its essential role in offering educational, informational, and recreational resources to its patrons, fostering a love for learning and fostering a sense of community.
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Impact
August, 2024
The Second Century Library Endowment Fund Corporation's impact lies in its direct support for the programs, services, and activities of the Maryville Public Library in Maryville, Missouri. By building a permanent financial base, this organization ensures the sustainability and growth of educational initiatives benefiting the local community. Through its efforts, the corporation plays a vital role in enhancing access to knowledge and resources for individuals in Maryville, thus contributing to the overall enrichment of educational opportunities in the area.
This information is meant to be a general summary of The Second Century Library Endowment Fund Corporation. 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: $15,988
- Gross Receipts: $179,743
Assets and Liabilities:
- Total Assets: $459,851
- Total Liabilities: $0
- Net Assets: $459,851
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Organization Details
Founding Year
2005
Principal Officer
Stephanie Patterson
NTEE Category
Code: B11 - Education
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