Overview
What is Moorestown Free Library Association?
The Moorestown Free Library Association is a nonprofit organization located at 111 W Second St, Moorestown, NJ 08057. Its primary objective is to provide financial assistance to the Moorestown Free Public Library. This aid is used to procure books, materials, equipment, and fund special projects. The Association's mission is to support the Moorestown Free Library, ensuring it can provide a rich and diverse range of resources for the community. The Association's activities contribute to the library's ability to serve its patrons effectively and foster a love of learning.
Official website here: www.moorestownlibrary.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement (73%)
The Moorestown Free Library Association has received a two-star rating indicating that there are areas needing improvement within its operations. With an overall score of 73%, the organization shows strong performance in certain aspects, such as having a fully independent board and a low liabilities to assets ratio, which reflect sound financial management. Additionally, the program expense ratio is notably high at 92.58%, suggesting that a significant portion of its funding is directed towards programs.
However, several critical weaknesses have been identified in the governance and transparency practices. The organization lacks essential policies, such as a conflict of interest policy, a whistleblower policy, and a document retention and destruction policy, which raises concerns about accountability. Furthermore, the absence of documented board meeting minutes and failure to post tax forms on its website can hinder transparency and public trust.
Overall, while the Moorestown Free Library Association demonstrates effective financial stewardship and a commitment to its programming, the need for improved governance practices and transparency measures is evident. Addressing these limitations could enhance its credibility and operational effectiveness in serving the community.
This AI summary has been generated from information found on Charity Navigator.
Is Moorestown Free Library Association legitimate?
Moorestown Free Library Association is a legitimate nonprofit organization registered as a 501(c)(3) entity. Moorestown 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.moorestownlibrary.org
What is the mission statement of Moorestown Free Library Association?
The Moorestown Free Library Association's mission is centered around supporting the Moorestown Free Public Library. Specifically, the Association aims to provide financial assistance to procure books, educational materials, equipment, and fund special projects for the library. This mission is instrumental in enriching the library's resources and services, ultimately contributing to the intellectual and educational growth of its users.
Official website here: www.moorestownlibrary.org
Who is the CEO of Moorestown Free Library Association?
Karen Olejarz is the President of Moorestown Free Library Association.
Official website here: www.moorestownlibrary.org
What is the revenue of Moorestown Free Library Association?
Moorestown Free Library Association's revenue in 2022 was $79,516.
Official website here: www.moorestownlibrary.org
Who are the executives of Moorestown Free Library Association and what are their salaries?
Here are 10 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.moorestownlibrary.org
Where can I find the form 990 for Moorestown Free Library Association?
Moorestown Free Library Association's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.moorestownlibrary.org
Learn more at the official website: www.moorestownlibrary.org
Mission Statement of Moorestown Free Library Association
The Moorestown Free Library Association, as its name suggests, is an organization committed to supporting the Moorestown Free Public Library. Their mission is to provide financial assistance in various forms, such as grants and allocations, to enhance the library's resources. This support extends to the acquisition of books, materials, equipment, and special projects, thereby enriching the library's offerings and services for its patrons. The Association's primary role is to contribute to the library's growth and success, ensuring it continues to serve its community effectively.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
August, 2024
The Moorestown Free Library Association's impact is evident through its support of the Moorestown Free Library. By providing grants and allocations for the purchase of books, materials, equipment, and special projects, the Association directly contributes to the enrichment and education of individuals in the Moorestown community. Through these efforts, the Association plays a crucial role in promoting literacy, learning, and access to resources within the city of Moorestown, NJ.
This information is meant to be a general summary of Moorestown 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $53,804
- Program Service Revenue: $14,058
- Gross Receipts: $79,516
Assets and Liabilities:
- Total Assets: $666,837
- Total Liabilities: $0
- Net Assets: $666,837
Want to help this charity, for free? You can click here to learn more about Give Freely
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Book Sale
Revenue
$11,252
Misc
Revenue
$2,806
Organization Details
Founding Year
1928
Phone
(856) 234-0333Principal Officer
Karen Olejarz
Main Address
111 W Second St, Moorestown, NJ, 08057
Website
www.moorestownlibrary.orgNTEE Category
Code: B70 - Education
If you are a representative of Moorestown Free Library Association and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.