Overview
What is Dormann Library?
Dormann Library is a publicly accessible resource located in New York, NY. It provides a collection of traditional books, movies, and internet services, catering to various information needs. Inside the library, a cozy cafe offers a relaxing space for patrons. Furthermore, a public meeting room is available for community gatherings or events. The library's mission is to promote knowledge and foster community engagement, making it an essential part of the local community.
Official website here: www.dormannlibrary.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 97% (Four-Star out of Four Stars)
Dormann Library has achieved an impressive 97% rating from Charity Navigator, reflecting a strong commitment to accountability and finance. The organization earned a Four-Star rating based solely on its fiscal performance in the most recent fiscal year (FY2022), demonstrating effective management of its resources. All board members are independent, contributing to a robust governance structure.
The library has no material diversion of assets and maintains a low liabilities-to-assets ratio of 12.33%, indicating financial stability. Additionally, a high program expense ratio of 94.63% suggests that the majority of its funds are used for direct programming rather than administrative costs. Transparency is also a priority, with key policies and board meeting minutes readily available.
Overall, Dormann Library's excellent financial management and governance practices highlight its reliability as a nonprofit. However, the data primarily focuses on financial metrics, and further qualitative assessments of program impact or community engagement would provide a more comprehensive view of the organization's effectiveness.
This AI summary has been generated from information found on Charity Navigator.
Is Dormann Library legitimate?
Dormann Library is a legitimate nonprofit organization registered as a 501(c)(3) entity. Dormann 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $318,816
For more financial information, click here
Official website here: www.dormannlibrary.org
What is the mission statement of Dormann Library?
Dormann Library serves as a public facility, offering individuals the opportunity to access a variety of resources. Its primary offerings include traditional books, movies, and internet services. Within the library, patrons can also find a cozy cafe to relax in. Moreover, Dormann Library provides a public meeting room for community gatherings and events. The library's mission is focused on providing these resources to the public, fostering an environment conducive to learning and relaxation.
Official website here: www.dormannlibrary.org
Who is the CEO of Dormann Library?
Tess Mckinley is the President of Dormann Library.
Official website here: www.dormannlibrary.org
What is the revenue of Dormann Library?
Dormann Library's revenue in 2022 was $478,446.
Official website here: www.dormannlibrary.org
Who are the executives of Dormann Library and what are their salaries?
The average compensation at Dormann Library during 2022 was $15,182. There are 21 employees at Dormann Library.
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Official website here: www.dormannlibrary.org
Where can I find the form 990 for Dormann Library?
Dormann Library's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.dormannlibrary.org
Learn more at the official website: www.dormannlibrary.org
Mission Statement of Dormann Library
Dormann Library, as a nonprofit organization, is dedicated to maintaining and operating a public library. Its primary focus is on providing patrons with access to a wide variety of resources, including traditional books, movies, and internet services. The library also features a cozy cafe for patrons to relax and enjoy a beverage. Furthermore, Dormann Library offers a public meeting room, making it a hub for community gatherings and events. The library's mission is to serve as a vital resource for the community, promoting literacy, education, and cultural enrichment.
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Impact
July, 2024
Dormann Library plays a crucial role in the community by providing access to traditional books, movies, and internet services. The presence of a small cafe and a public meeting room within the library enhances the overall experience for patrons. Located in NY, NY, Dormann Library serves as a vital hub for education and information sharing, contributing to the intellectual enrichment and cultural vibrancy of the local area.
This information is meant to be a general summary of Dormann 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.
- Program Service Revenue: $47,715
- Gross Receipts: $478,446
Assets and Liabilities:
- Total Assets: $2,379,631
- Total Liabilities: $293,470
- Net Assets: $2,086,161
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Library services
Revenue
$47,715
Organization Details
Founding Year
1869
Phone
(607) 776-4613Principal Officer
Tess Mckinley
Main Address
101 WEST MORRIS STREET BATH, NY, NY, 14810
Website
www.dormannlibrary.orgNTEE Category
Code: B71Z - Education
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