Overview
What is Scoville Memorial Library Association?
The Scoville Memorial Library Association, situated in Salisbury, Connecticut, is a dedicated nonprofit organization. Their primary mission is to provide the general public with free access to an extensive collection of books, fostering education and enrichment within the community. Beyond book lending, they offer a range of programs and services that inspire and inform, ensuring their offerings are accessible to all members of the community. The organization, with a team of 10 dedicated individuals, prides itself on utilizing historical pieces to further educational endeavors.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 94%, Four-Star out of Four Star Rating
The Scoville Memorial Library Association has achieved an impressive 94% score, earning a Four-Star rating, which signifies a high level of accountability and financial health. This rating reflects the organization's commitment to transparency, as evidenced by its strong governance practices, including a 92% independent board and comprehensive policies for conflict of interest and whistleblowing.
Strengths of the organization include a solid program expense ratio of 82.21%, indicating that a significant portion of its resources is allocated directly to its programs. Additionally, the lack of material diversion of assets and a low liabilities to assets ratio (0.06%) further underscores its financial stability and responsible fiscal management.
While the data reflects strong performance in critical areas, the summary does not specify any areas for improvement or challenges faced by the organization. Overall, the Scoville Memorial Library Association appears to be a well-managed nonprofit dedicated to its mission and community.
This AI summary has been generated from information found on Charity Navigator.
Is Scoville Memorial Library Association legitimate?
Scoville Memorial Library Association is a legitimate nonprofit organization registered as a 501(c)(3) entity. Scoville Memorial Library Association 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: $78,750
Professional Fundraising Fees: $1,100
Other Salaries and Wages: $0
For more financial information, click here
What is the mission statement of Scoville Memorial Library Association?
The Scoville Memorial Library Association operates as a public library, offering free and open access to a variety of collections, services, and programs. Its mission is to inspire, educate, and enrich the entire community. By providing these resources, the library aims to foster individual growth and foster a sense of community. The association's activities include offering free use of books to the general public and utilizing historical pieces to educate visitors. The library's services aim to cater to the needs of everyone in the community, promoting lifelong learning and personal development.
Who is the CEO of Scoville Memorial Library Association?
Karin Goodell is the Director of Scoville Memorial Library Association.
What is the revenue of Scoville Memorial Library Association?
Scoville Memorial Library Association's revenue in 2023 was $1,026,695.
Who are the executives of Scoville Memorial Library Association and what are their salaries?
The average compensation at Scoville Memorial Library Association during 2023 was $7,875. There are 10 employees at Scoville Memorial Library Association.
Here are 15 key members and their salaries:
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Where can I find the form 990 for Scoville Memorial Library Association?
Scoville Memorial Library Association's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Scoville Memorial Library Association
The Scoville Memorial Library Association, a public institution, is committed to providing free and open access to a wide array of collections, services, and programs that serve to inspire, educate, and enrich the entire community. Through its mission, the library strives to make knowledge and resources readily available to all individuals, fostering personal growth and community engagement. The library's activities extend beyond mere book lending, as it also offers historical pieces and educational programs that contribute to the community's collective understanding and appreciation of culture, history, and arts. By providing such resources, the Scoville Memorial Library Association plays a vital role in promoting lifelong learning and fostering a well-informed and engaged community.
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Impact
July, 2024
The Scoville Memorial Library Association's impact is felt through its provision of free and open access to collections, services, and programs that inspire, educate, and enrich the entire community. By serving as a public library offering free use of books to the general public and utilizing historical pieces for educational purposes, the association plays a crucial role in fostering a culture of lifelong learning and knowledge-sharing in Salisbury, CT. Through its mission to provide access to resources that inspire and educate, the Scoville Memorial Library Association contributes significantly to the educational enrichment of the community.
This information is meant to be a general summary of Scoville Memorial Library Association. 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: $40,451
- Program Service Revenue: $1,728
- Gross Receipts: $2,125,823
Assets and Liabilities:
- Total Assets: $6,149,471
- Total Liabilities: $4,201
- Net Assets: $6,145,270
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
FEES FINES AND BOOK SALES
Revenue
$1,728
Organization Details
Founding Year
1889
Phone
(860) 435-2838Principal Officer
Karin Goodell
Main Address
PO Box 455, SALISBURY, CT, 06068
NTEE Category
Code: B700 - Education
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