Overview
What is Friends Of The Library Of Woodstock New York Inc?
Friends Of The Library Of Woodstock New York Inc is a nonprofit organization committed to enriching the community through various library programs and forums. Located at 5 LIBRARY LANE, WOODSTOCK, NY 12498, the organization has a collaborative partnership with the Woodstock Public Library District, as evidenced by the signed Memorandum of Understanding (MOU). This MOU ensures a mutual understanding of expectations and resource utilization for the benefit of the district. The nonprofit is responsive to the library's input and distributes over 10% of its support to the library, satisfying both the availability and responsiveness tests. The Friends of the Library of Woodstock New York Inc's primary mission revolves around enhancing library programming for children, teens, adults, and seniors, contributing significantly to the local community.
Official website here: www.woodstock.org/friends-of-the-library
What are the reviews and ratings of this charity?
Charity Navigator Rating: 40%, Zero-Star out of Four Star Rating
Friends Of The Library Of Woodstock New York Inc has received a low rating of 40% from Charity Navigator, reflecting significant concerns regarding its accountability and financial practices. The organization has not demonstrated a commitment to transparency, as there are no independent board members and several key governance policies, including a conflict of interest policy and a whistleblower policy, are missing.
On a positive note, the charity has reported no material diversion of assets and maintains a strong liabilities to assets ratio of 0.00%. Its program expense ratio stands at 57.06%, indicating that a majority of its expenses are directed towards its programs. However, the absence of independent board oversight and critical governance policies could raise concerns about the organization's operational integrity.
Overall, while Friends Of The Library Of Woodstock New York Inc shows some strengths in its financial management, the lack of independent oversight and essential policies could hinder its effectiveness and trustworthiness as a nonprofit organization. Potential donors and stakeholders may want to consider these factors carefully.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about Friends Of The Library Of Woodstock New York Inc?
96% of 28 reviewers on Facebook recommend Friends Of The Library Of Woodstock New York Inc. Here is a summary of their reviews:
Many patrons express deep gratitude for the library's welcoming environment, highlighting how it serves as a safe haven for individuals in the community. One reviewer shared a personal story of finding solace and support at the library during their transition to a new life, emphasizing its vital role in fostering a sense of belonging.
Overall, the sentiment is overwhelmingly positive, with community members appreciating the library not only as a resource for information but also as a gathering place that nurtures personal growth and connection among residents.
This AI summary has been generated from reviews found on Facebook.
Is Friends Of The Library Of Woodstock New York Inc legitimate?
Friends Of The Library Of Woodstock New York Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Friends Of The Library Of Woodstock New York 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: $0
For more financial information, click here
Official website here: www.woodstock.org/friends-of-the-library
What is the mission statement of Friends Of The Library Of Woodstock New York Inc?
Friends of the Library of Woodstock New York Inc collaborates with its supporting organization, the Woodstock Public Library District, through a Memorandum of Understanding (MOU). This agreement outlines the expectations of both entities, with Friends requesting input from the library district on the best use of its resources for the district's benefit. The Friends organization is responsive and attentive to the library's needs, ensuring that over 10% of its support is distributed to the library. A mutual understanding is established through this MOU, allowing the library to accept or reject any gift from Friends. While the provided information does not explicitly state a mission statement, it implies that their mission involves supporting and collaborating with the Woodstock Public Library District to enhance its resources and services.
Official website here: www.woodstock.org/friends-of-the-library
Who is the CEO of Friends Of The Library Of Woodstock New York Inc?
Erin Cadigan is the Board Member of Friends Of The Library Of Woodstock New York Inc.
Official website here: www.woodstock.org/friends-of-the-library
What is the revenue of Friends Of The Library Of Woodstock New York Inc?
Friends Of The Library Of Woodstock New York Inc's revenue in 2022 was $47,797.
Official website here: www.woodstock.org/friends-of-the-library
Who are the executives of Friends Of The Library Of Woodstock New York Inc and what are their salaries?
Here are 8 key members and their salaries:
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Official website here: www.woodstock.org/friends-of-the-library
Where can I find the form 990 for Friends Of The Library Of Woodstock New York Inc?
Friends Of The Library Of Woodstock New York Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.woodstock.org/friends-of-the-library
Learn more at the official website: www.woodstock.org/friends-of-the-library
Mission Statement of Friends Of The Library Of Woodstock New York Inc
Friends of the Library of Woodstock New York Inc, as a nonprofit organization, has entered into a Memorandum of Understanding (MOU) with its supporting organization, the Woodstock Public Library District. This agreement outlines the expectations and responsibilities of both parties. The organization seeks input from the library district to effectively utilize its resources for the library's benefit. The partnership between Friends of the Library and the Woodstock Public Library District is mutually beneficial, with the Friends being responsive and attentive to the library's needs. The agreement also includes an "alternativeness test," ensuring that over 10% of the Friends' support is directed towards the library. Furthermore, the "responsiveness test" is satisfied through a signed MOU that grants the library the authority to accept or reject any gifts offered by the Friends. This collaborative relationship is aimed at enhancing the library's resources and services for the benefit of the community.
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Impact
October, 2024
Friends Of The Library Of Woodstock New York Inc significantly enhances the community by fostering a close partnership with the Woodstock Public Library District. This collaboration is formalized through a Memorandum of Understanding (MOU), which outlines expectations and ensures resources are utilized effectively for the benefit of the library and its patrons.
By engaging directly with the library, the organization actively seeks input on resource allocation, prioritizing initiatives that support a diverse range of library programming. This programming serves children, teens, adults, and seniors, demonstrating a commitment to inclusivity and lifelong learning. Importantly, over 10% of the organization's support is directed to the library, reflecting their dedication to enhancing library services and resources.
The impact of Friends Of The Library is further evidenced by their responsive communication with the library, ensuring that contributions are in line with the library's needs and goals. Such collaboration not only enriches the library's offerings but also fosters a culture of community engagement and support for education in Woodstock, NY.
This information is meant to be a general summary of Friends Of The Library Of Woodstock New York 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 2022.
- Gross Receipts: $47,797
Assets and Liabilities:
- Total Assets: $70,339
- Total Liabilities: $0
- Net Assets: $70,339
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Organization Details
Phone
(845) 679-2213Principal Officer
Erin Cadigan
Main Address
5 LIBRARY LANE, WOODSTOCK, NY, 12498
NTEE Category
Code: B11 - Education
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