Overview
What is The Boxford Public Library And The Perley Scholarship Funds Inc?
The Boxford Public Library And The Perley Scholarship Funds Inc is a charitable organization situated in Boxford, Massachusetts. The primary objectives of this nonprofit include providing financial aid to deserving and financially challenged students residing in Boxford, as well as supporting free library services within the same town. The organization has granted scholarships totaling $28,900 to 21 local students, reflecting its commitment to helping those in need.
Official website here: www.barbaraperleyscholarship.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 76% (Three-Star out of Four Star rating)
The Boxford Public Library and The Perley Scholarship Funds Inc has received a 76% rating from Charity Navigator, indicating a solid performance in terms of accountability and finance. The score is primarily based on a comprehensive accountability assessment, with the organization demonstrating strength in areas such as board independence and financial transparency.
The organization boasts a fully independent board with 12 members, ensuring impartial governance. Additionally, there have been no material diversions of assets, and the organization maintains a 100% program expense ratio, signifying effective allocation of funds towards its mission. The library’s website is also properly listed on its tax form, contributing positively to its financial accountability.
However, the organization has some identified limitations, particularly in governance policies, as it lacks a conflict of interest policy, whistleblower policy, and document retention and destruction policy. These omissions are noted in the evaluation and could benefit from improvements to enhance overall governance practices.
This AI summary has been generated from information found on Charity Navigator.
Is The Boxford Public Library And The Perley Scholarship Funds Inc legitimate?
The Boxford Public Library And The Perley Scholarship Funds Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Boxford Public Library And The Perley Scholarship Funds 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:
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For more financial information, click here
Official website here: www.barbaraperleyscholarship.org
What is the mission statement of The Boxford Public Library And The Perley Scholarship Funds Inc?
The mission of The Boxford Public Library And The Perley Scholarship Funds Inc is centered around two key objectives. Firstly, they aim to provide financial aid in the form of scholarships to deserving and financially challenged students residing in their community. Secondly, they are committed to supporting free library services, fostering an environment of knowledge and learning for all. Their scholarship program aims to empower young individuals, while their support for the library ensures that educational resources remain accessible to all. As of recent data, they have granted scholarships totaling $28,900 to 21 students.
Official website here: www.barbaraperleyscholarship.org
What is the revenue of The Boxford Public Library And The Perley Scholarship Funds Inc?
The Boxford Public Library And The Perley Scholarship Funds Inc's revenue in 2024 was $40,083.
Official website here: www.barbaraperleyscholarship.org
Who are the executives of The Boxford Public Library And The Perley Scholarship Funds Inc and what are their salaries?
There 12 volunteers at The Boxford Public Library And The Perley Scholarship Funds Inc.
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Official website here: www.barbaraperleyscholarship.org
Where can I find the form 990 for The Boxford Public Library And The Perley Scholarship Funds Inc?
The Boxford Public Library And The Perley Scholarship Funds Inc's most recent form 990 was submitted in 2024 and can be accessed here.
Official website here: www.barbaraperleyscholarship.org
Learn more at the official website: www.barbaraperleyscholarship.org
Mission Statement of The Boxford Public Library And The Perley Scholarship Funds Inc
The Boxford Public Library and The Perley Scholarship Funds Inc, as a nonprofit organization, is committed to two primary objectives. Firstly, it aims to provide financial assistance in the form of scholarships to deserving and financially challenged students residing in Boxford, Massachusetts. The scholarships awarded totaled $28,900 and were granted to 21 Boxford students, demonstrating the organization's commitment to supporting local talent.
Secondly, The Boxford Public Library and The Perley Scholarship Funds Inc is dedicated to enhancing the availability of free library services in Boxford, Massachusetts. By doing so, it contributes to the community's educational and informational needs, fostering a culture of learning and knowledge sharing. This dual mission reflects the organization's commitment to investing in the future of its community's youth and preserving access to knowledge for all residents.
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Impact
August, 2024
The Boxford Public Library And The Perley Scholarship Funds Inc have a significant impact on the community of Boxford, MA by providing scholarships to deserving and financially challenged students. In the town of Boxford, scholarships totaling $28,900 were granted to 21 students, which has allowed these students to pursue their educational goals despite financial constraints. Additionally, the organization's support of free library services in Boxford enhances access to knowledge and resources for all residents. Through their efforts, The Boxford Public Library And The Perley Scholarship Funds Inc contribute to the academic success and enrichment of students in the community.
This information is meant to be a general summary of The Boxford Public Library And The Perley Scholarship Funds 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 2024.
- Investment Income: $31,350
- Gross Receipts: $43,838
Assets and Liabilities:
- Total Assets: $584,756
- Total Liabilities: $0
- Net Assets: $584,756
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Organization Details
Founding Year
1989
Principal Officer
Barbara Was
NTEE Category
Code: B82 - Education
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