Overview
What is Gardner Library Trust?
Gardner Library Trust is a nonprofit entity based in Burlington, North Carolina. Specifically located at 342 S Spring St, the organization's primary mission is to offer financial support to the Alamance County Public Libraries. This backing enables the libraries to enhance their collections by purchasing books, materials, and equipment, thereby furthering their core functions and purposes. By doing so, the Gardner Library Trust plays a crucial role in fostering a rich literary environment within the Alamance County community.
Official website here: www.none
What are the reviews and ratings of this charity?
Charity Navigator Rating: 63%
The Gardner Library Trust has received a Two-Star out of Four Star rating from Charity Navigator, indicating moderate performance in accountability and finance. The overall score of 63% reflects key strengths such as a solid program expense ratio of 77.12%, suggesting that a significant portion of its funds is directed towards its programs. Additionally, the organization demonstrates sound financial management with a liabilities to assets ratio of 0.00%, indicating no financial liabilities.
However, the Gardner Library Trust faces notable challenges in governance practices. It lacks independent board members, which can hinder objective oversight. Furthermore, the nonprofit is missing critical policies, including a whistleblower policy and a document retention and destruction policy, which are essential for transparency and accountability.
Lastly, while the organization lists its website on its tax form, it has not made its tax form available on its website, which could limit public access to important financial information. Addressing these governance issues could enhance its rating and bolster donor confidence.
This AI summary has been generated from information found on Charity Navigator.
Is Gardner Library Trust legitimate?
Gardner Library Trust is a legitimate nonprofit organization registered as a 501(c)(3) entity. Gardner Library Trust 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.none
What is the mission statement of Gardner Library Trust?
The Gardner Library Trust's mission is centered around providing financial support. Specifically, it aims to fund the Alamance County Public Libraries, contributing to the purchase of books, materials, and equipment. This funding helps in enhancing the library's general functions and purposes. In essence, the Trust's role is instrumental in enriching the library's resources and services for the benefit of its users.
Official website here: www.none
Who is the CEO of Gardner Library Trust?
Susana Goldman is the Trustee of Gardner Library Trust.
Official website here: www.none
What is the revenue of Gardner Library Trust?
Gardner Library Trust's revenue in 2022 was $29,171.
Official website here: www.none
Who are the executives of Gardner Library Trust and what are their salaries?
There is 1 key member and their salary:
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.none
Learn more at the official website: www.none
Mission Statement of Gardner Library Trust
The Gardner Library Trust is dedicated to providing financial assistance to the Alamance County Public Libraries. Its mission, in simpler terms, is to contribute funds for the acquisition of books, materials, and equipment, as well as to support the overall functions and purposes of these libraries. By doing so, the Trust aims to contribute positively to the literary landscape and educational resources available to the community.
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Impact
October, 2024
Gardner Library Trust significantly enhances the resources and services available to the Alamance County Public Libraries. By providing essential funding for the purchase of books, materials, and equipment, it plays a crucial role in improving access to information and promoting literacy within the community. This support not only expands the library's offerings but also strengthens its ability to fulfill its mission of serving the public. Through its financial contributions, Gardner Library Trust fosters educational growth and cultural enrichment, ultimately benefiting individuals and families in Burlington, NC, and surrounding areas.
This information is meant to be a general summary of Gardner Library Trust. 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: $29,171
- Gross Receipts: $29,171
Assets and Liabilities:
- Total Assets: $917,874
- Total Liabilities: $0
- Net Assets: $917,874
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Organization Details
Founding Year
2003
Phone
(336) 229-3588Principal Officer
Susana Goldman
Main Address
342 S SPRING ST, BURLINGTON, NC, 272155863
Website
www.noneNTEE Category
Code: T20 - Philanthropy
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