Overview
What is Osceola Public Library Foundation?
The Osceola Public Library Foundation is a dedicated nonprofit organization situated in Osceola, Iowa. Their primary mission is to support the Osceola Public Library, catering to the community's needs and maintaining its physical property. The Foundation has demonstrated its commitment by providing funds to facilitate the construction of the library's parking lot. The organization's activities are geared towards enhancing the library services for the general public.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 73%, earning a Two-Star out of Four Star rating. This rating indicates that while the Osceola Public Library Foundation demonstrates some strengths in accountability and financial health, it has room for improvement in overall performance and transparency.
One of the foundation's notable strengths is its strong commitment to governance, with 85% of its board members being independent. Additionally, the organization has effectively managed its finances, evidenced by a low liabilities to assets ratio of 0.00% and a program expense ratio of 99.69%, suggesting that nearly all funds are directed toward its programs.
However, despite these strengths, the foundation's overall rating of 73% reflects potential areas for growth in its operations and transparency. While it documents board meeting minutes, there may still be opportunities to enhance communication with stakeholders and improve overall effectiveness in delivering its mission.
This AI summary has been generated from information found on Charity Navigator.
Is Osceola Public Library Foundation legitimate?
Osceola Public Library Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Osceola Public Library Foundation 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.
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What is the mission statement of Osceola Public Library Foundation?
The Osceola Public Library Foundation's mission is centered around supporting the Osceola Public Library Services and its physical infrastructure. Specifically, the organization aims to aid in providing these library services to the general public. To accomplish this, the foundation has funded construction projects, such as the library parking lot, to enhance and maintain the library's facilities. Overall, the foundation's objective is to contribute to the continuous improvement and accessibility of library services for the community.
Who is the CEO of Osceola Public Library Foundation?
Karon Keefe is the Trustee of Osceola Public Library Foundation.
What is the revenue of Osceola Public Library Foundation?
Osceola Public Library Foundation's revenue in 2022 was $11,488.
Who are the executives of Osceola Public Library Foundation and what are their salaries?
Here are 7 key members and their salaries:
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Where can I find the form 990 for Osceola Public Library Foundation?
Osceola Public Library Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Osceola Public Library Foundation
The Osceola Public Library Foundation's mission is centered around supporting the services provided by the Osceola Public Library to the general public and maintaining the library's physical property. This nonprofit organization focuses on providing financial assistance to facilitate the library's operations and upkeep. Specifically, as indicated in the provided information, the Foundation contributed funds to the City of Osceola to construct a library parking lot, demonstrating its commitment to enhancing the library's facilities and overall accessibility for the community.
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Impact
October, 2024
The Osceola Public Library Foundation plays a vital role in enhancing community access to library services and facilities. By providing financial support for critical infrastructure, such as the construction of the library parking lot, the Foundation ensures that the Osceola Public Library remains a welcoming and functional space for all residents. This investment not only improves access for library users but also strengthens the community's commitment to education and lifelong learning. Through its initiatives, the Foundation elevates the library’s capacity to serve the public effectively, fostering an environment where knowledge and resources can thrive.
This information is meant to be a general summary of Osceola Public Library Foundation. 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: $11,429
- Gross Receipts: $11,488
Assets and Liabilities:
- Total Assets: $1,234,861
- Total Liabilities: $0
- Net Assets: $1,234,861
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Organization Details
Founding Year
2006
Principal Officer
Karon Keefe
Main Address
300 S Fillmore Street, Osceola, IA, 50213
NTEE Category
Code: B117 - Education
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