Overview
What is Amagansett Free Library?
The Amagansett Free Library is a nonprofit organization situated in Amagansett, New York. With an 11-member workforce, their primary mission is to offer free library services to the local community. They strive to provide high-quality materials and services that cater to the educational, informational, cultural, and recreational needs of the entire community in a welcoming and respectful environment. The Amagansett Free Library endeavors to contribute positively to the community's development and overall well-being.
What are the reviews and ratings of this charity?
Rating from Charity Navigator: 94%, Four-Star out of Four Star rating.
The Amagansett Free Library has earned a Four-Star rating from Charity Navigator, reflecting its strong commitment to accountability and financial health. With an impressive overall score calculated primarily from its Accountability & Finance metrics, the library demonstrates effective governance practices, evidenced by having 100% independent board members and a solid oversight committee.
The library's financial stability is further highlighted by its low liabilities to assets ratio of 32.01% and a high program expense ratio of 83.12%. These figures indicate that a significant portion of its funds is directed toward its core mission rather than administrative costs, a positive sign for potential donors and stakeholders.
While the library has shown exemplary practices in governance and finance, the data does not provide insights into its programmatic effectiveness or community impact. Nevertheless, the strong financial score suggests that the organization is well-managed and accountable to its stakeholders.
This AI summary has been generated from information found on Charity Navigator.
Is Amagansett Free Library legitimate?
Amagansett Free Library is a legitimate nonprofit organization registered as a 501(c)(3) entity. Amagansett Free Library 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: $120,939
Professional Fundraising Fees: $0
Other Salaries and Wages: $396,954
For more financial information, click here
What is the mission statement of Amagansett Free Library?
The Amagansett Free Library's mission is centered around providing a wide range of high-quality materials and services that cater to the educational, informational, cultural, and recreational needs of the entire community. This is done in an environment that is welcoming and respectful. The library's primary goal is to offer free library services to the community of Amagansett, ensuring that everyone has access to resources that enrich their lives.
Who is the CEO of Amagansett Free Library?
Marc Donnenfeld is the Director of Amagansett Free Library.
What is the revenue of Amagansett Free Library?
Amagansett Free Library's revenue in 2022 was $1,210,887.
Who are the executives of Amagansett Free Library and what are their salaries?
The average compensation at Amagansett Free Library during 2022 was $47,081. There are 11 employees and 7 volunteers at Amagansett Free Library.
Here are 9 key members and their salaries:
- Compensation: $120,939
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- Other: $0
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Where can I find the form 990 for Amagansett Free Library?
Amagansett Free Library's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Amagansett Free Library
The Amagansett Free Library is committed to delivering high-quality materials and services that cater to the educational, informational, cultural, and recreational needs of the entire community. This is done in an environment that is welcoming and respectful, ensuring that everyone feels included. The library's mission is to provide a space where individuals can access resources that enrich their lives, foster learning, and promote cultural appreciation. The Amagansett Free Library strives to create an atmosphere where community members can seek knowledge, engage in leisure activities, and grow personally and intellectually.
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Impact
July, 2024
Amagansett Free Library's impact is profound in the community of Amagansett, NY. By providing quality materials and services that fulfill educational, informational, cultural, and recreational needs, the library plays a crucial role in enriching the lives of residents. Its welcoming and respectful atmosphere ensures that all individuals have access to free library services, thereby promoting literacy, lifelong learning, and community engagement. The library's mission of serving the entire community underscores its commitment to fostering a knowledgeable and interconnected society.
This information is meant to be a general summary of Amagansett Free Library. 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: $1,146
- Program Service Revenue: $1,166
- Gross Receipts: $1,210,887
Assets and Liabilities:
- Total Assets: $3,270,996
- Total Liabilities: $1,047,049
- Net Assets: $2,223,947
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
FINES
Revenue
$699
MISCELLANEOUS INCOME
Revenue
$467
Organization Details
Founding Year
1916
Phone
(631) 267-3810Principal Officer
Marc Donnenfeld
Main Address
PO BOX 2550, AMAGANSETT, NY, 11930
NTEE Category
Code: B71Z - Education
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