Overview
What is The Fletcher Memorial Library Inc?
The Fletcher Memorial Library Inc, located in Hampton, Connecticut, serves as a vital resource for both the local community and the general public. As a nonprofit organization, their primary mission is to offer a library and library services to the public at large. With a dedicated team of one employee, they strive to provide a comprehensive collection of resources, fostering learning, and encouraging knowledge exploration. The library's services extend beyond the Hampton community, reaching out to a broader audience, ensuring that everyone has access to valuable information and literature.
Official website here: www.fletchermemoriallibrary.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 76% (Three-Star out of Four Stars)
The Fletcher Memorial Library Inc has earned a Three-Star rating from Charity Navigator, based on an overall score focused entirely on Accountability & Finance. The charity's score of 76% indicates a reasonably strong commitment to transparency and responsible financial management. Notably, the organization has a 100% independent board, which demonstrates a solid governance structure.
Strengths include a very high program expense ratio of 92.82%, indicating that the majority of its funds are directed towards its programs rather than administrative costs. Additionally, there are no reported issues with material diversion of assets and a favorable liabilities to assets ratio of 0.19%, showcasing financial stability. The library's website is also compliant with transparency measures, as evidenced by its documentation practices.
However, the organization lacks certain policies, including a conflict of interest policy and a whistleblower policy, which may raise concerns about governance practices. The absence of these policies could pose risks to accountability in the long-term. Nonetheless, the strengths in program expenses and board independence reflect positively on the charity's operations.
This AI summary has been generated from information found on Charity Navigator.
Is The Fletcher Memorial Library Inc legitimate?
The Fletcher Memorial Library Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Fletcher Memorial Library 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: $20,000
For more financial information, click here
Official website here: www.fletchermemoriallibrary.org
What is the mission statement of The Fletcher Memorial Library Inc?
The Fletcher Memorial Library Inc is dedicated to serving the public by providing a library and related services. Their mission is to make a library available to everyone, catering specifically to the residents of Hampton, CT, as well as the general public. The library offers various services aimed at fulfilling the informational needs and interests of its patrons. These services may include, but are not limited to, access to books, periodicals, digital resources, and educational programs. The library's primary goal is to promote literacy, knowledge, and lifelong learning opportunities for all.
Official website here: www.fletchermemoriallibrary.org
What is the revenue of The Fletcher Memorial Library Inc?
The Fletcher Memorial Library Inc's revenue in 2023 was $68,382.
Official website here: www.fletchermemoriallibrary.org
Who are the executives of The Fletcher Memorial Library Inc and what are their salaries?
The average compensation at The Fletcher Memorial Library Inc during 2023 was $20,000. There is 1 employee and 9 volunteers at The Fletcher Memorial Library Inc.
Here are 9 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.fletchermemoriallibrary.org
Where can I find the form 990 for The Fletcher Memorial Library Inc?
The Fletcher Memorial Library Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.fletchermemoriallibrary.org
Learn more at the official website: www.fletchermemoriallibrary.org
Mission Statement of The Fletcher Memorial Library Inc
The Fletcher Memorial Library Inc, as a nonprofit organization, is committed to providing a library and library services to the general public. Its mission is geared towards catering to the reading and information needs of individuals, ensuring equal access to knowledge for all. By offering library services, this institution plays a significant role in fostering education, personal growth, and community engagement. The library serves as a hub for learning, where residents of Hampton, CT, and the general public can access a wide range of books, resources, and digital materials. The Fletcher Memorial Library Inc strives to create an environment that encourages literacy, promotes lifelong learning, and supports the overall development of its patrons.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
August, 2024
The Fletcher Memorial Library Inc has made a significant impact by providing library services to the residents of Hampton, CT, and the general public. Through its mission to offer access to educational resources and promote literacy, the organization has enriched the community by facilitating learning and fostering a love for reading. Its dedication to serving the public through its library services has played a crucial role in promoting education and knowledge within the region.
This information is meant to be a general summary of The Fletcher Memorial Library 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: $10,544
- Program Service Revenue: $4,938
- Gross Receipts: $99,250
Assets and Liabilities:
- Total Assets: $566,216
- Total Liabilities: $1,112
- Net Assets: $565,104
Want to help this charity, for free? You can click here to learn more about Give Freely
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
BOOK & BAKE SALES
Revenue
$2,937
HAMPTON HARVEST
Revenue
$1,701
SHED RENTAL
Revenue
$300
Organization Details
Founding Year
1924
Principal Officer
Cathleen Cardwell
NTEE Category
Code: B700 - Education
If you are a representative of The Fletcher Memorial Library Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.