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Bolivar Free Library Association

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 160837453 ✦ Bolivar, NY ✦ Designated as a 501(c)(3)

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Overview

What is Bolivar Free Library Association?

The Bolivar Free Library Association, situated in Bolivar, New York, serves as a vital resource for the local community. With a team of five dedicated individuals, they offer an extensive collection of books for borrowing, promoting literacy and knowledge within the community. Beyond lending services, the association also provides access to computers and the internet, fostering digital literacy and connectivity. Their mission encompasses more than just books, offering various programs to enrich the community's intellectual and digital landscape.


Official website here: www.bolivarfreelibrary.com

What are the reviews and ratings of this charity?

Charity Navigator Rating: 76%, Three-Star out of Four Star rating.

The Bolivar Free Library Association has earned a solid Three-Star rating, reflecting its commitment to accountability and finance, with a score derived solely from this beacon. The organization boasts a 100% independent board, indicating strong governance, and has no reported issues regarding asset diversion. Its financial health is evidenced by a favorable liabilities to assets ratio of 0.00% and a program expense ratio of 71.20%, suggesting effective resource allocation towards its mission.

However, the organization does have some notable gaps in policy documentation. Specifically, it lacks a conflict of interest policy, a whistleblower policy, and a document retention and destruction policy, which are critical for maintaining transparency and accountability. While it is commendable that the library association has documented board meeting minutes and has its tax forms available, addressing these missing policies could enhance its governance framework and overall effectiveness.


This AI summary has been generated from information found on Charity Navigator.

Is Bolivar Free Library Association legitimate?

Bolivar Free Library Association is a legitimate nonprofit organization registered as a 501(c)(3) entity. Bolivar Free 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: $34,457
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.bolivarfreelibrary.com

What is the mission statement of Bolivar Free Library Association?

The Bolivar Free Library Association's mission is centered around serving the local community. Its primary objective is to provide a lending service for books and various publications. Additionally, the association extends its offerings to include computer and internet services, as well as hosting programs for the community's benefit. In essence, the Bolivar Free Library Association aims to enrich its community by providing access to knowledge and digital resources.


Official website here: www.bolivarfreelibrary.com

Who is the CEO of Bolivar Free Library Association?

Kelly Lounsberry is the Director of Bolivar Free Library Association.


Official website here: www.bolivarfreelibrary.com

What is the revenue of Bolivar Free Library Association?

Bolivar Free Library Association's revenue in 2022 was $72,121.


Official website here: www.bolivarfreelibrary.com

Who are the executives of Bolivar Free Library Association and what are their salaries?

The average compensation at Bolivar Free Library Association during 2022 was $6,891. There are 5 employees at Bolivar Free Library Association.


Here are 10 key members and their salaries:


Cathy Fuller (Director)
  • Compensation: $15,667
  • Related: $0
  • Other: $0
Christina Evans (Assistant Director)
  • Compensation: $2,884
  • Related: $0
  • Other: $0
Jennifer Tarby (Helper)
  • Compensation: $10,507
  • Related: $0
  • Other: $0
Lois Lounsberry (Assistant)
  • Compensation: $783
  • Related: $0
  • Other: $0
Patricia Carney (Cleaner)
  • Compensation: $2,964
  • Related: $0
  • Other: $0
Kelly Lounsberry (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Pamela Graffius (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michelle Clark (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kari Margeson (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michelle Dunbar (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.bolivarfreelibrary.com

Where can I find the form 990 for Bolivar Free Library Association?

Bolivar Free Library Association's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.bolivarfreelibrary.com

Learn more at the official website: www.bolivarfreelibrary.com

Mission Statement of Bolivar Free Library Association

The Bolivar Free Library Association, a notable organization, is dedicated to serving its local community by providing a vast collection of books for lending. Beyond this, the association offers additional services such as computer and internet access. Its mission extends beyond merely lending books, as it also aims to enrich the community through various programs. By doing so, the Bolivar Free Library Association works towards fostering an environment that encourages learning and knowledge-sharing among its members.

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Impact




August, 2024

The Bolivar Free Library Association's impact is evident in its commitment to providing books for lending to the local community in Bolivar, NY. By offering access to a wide range of books and publications, as well as lending services, the association plays a crucial role in promoting literacy and education in the area. Additionally, by providing programs, computers, and internet services, the library contributes to bridging the digital divide and ensuring that community members have access to valuable resources and information. Overall, the Bolivar Free Library Association's dedication to education and empowerment through its services makes a positive impact on the local community.




This information is meant to be a general summary of Bolivar Free 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.

Revenue
$72,121 (2022)
Expenses
$76,567 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $14,560
  • Gross Receipts: $72,121

Assets and Liabilities:

  • Total Assets: $825,888
  • Total Liabilities: $0
  • Net Assets: $825,888

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Organization Details

Founding Year

1905

Principal Officer

Kelly Lounsberry

Main Address

390 MAIN ST, BOLIVAR, NY, 14715

NTEE Category

Code: B70 - Education

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