Overview
What is North Of Boston Library Exchange Inc?
North of Boston Library Exchange Inc is a nonprofit organization situated in Danvers, Massachusetts. With 12 dedicated employees, its primary mission is to serve as a technological partner for libraries located north of Boston. The organization was established as a collaborative effort between 25 local libraries, aiming to enhance library services through automation. The North of Boston Library Exchange Inc offers its members access to a shared catalog and research database, comprising books, periodicals, media, and electronic resources from each participating library. This cooperative initiative allows patrons to expand their literary horizons and conduct research more efficiently, ultimately improving the overall library experience.
Official website here: www.noblenet.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 95% (Four-Star out of Four Stars)
The North Of Boston Library Exchange Inc has achieved an impressive 95% rating from Charity Navigator, which highlights its strong accountability and financial practices. With a high Program Expense Ratio of 88.86%, the organization demonstrates a commitment to directing a substantial portion of its resources towards its programs. The low Liabilities to Assets Ratio of 10.74% indicates financial stability, and the organization has efficiently managed its operations, reflected in a Fundraising Efficiency Ratio of $0.00.
User feedback is exceptionally positive, as evidenced by a perfect constituent feedback score of 100 out of 100, along with similar scores for feedback collection, usage, and practices. This level of feedback indicates that the organization not only engages with its community effectively but also values and incorporates their input into its operations, reinforcing trust and support from constituents.
However, while the organization excels in many areas, its Equity Strategies score of 75 out of 100 suggests there may be room for improvement in addressing equity and inclusivity within its initiatives. Overall, the North Of Boston Library Exchange Inc stands out for its robust financial health and community engagement, making it a reputable choice for support.
This AI summary has been generated from information found on Charity Navigator.
Is North Of Boston Library Exchange Inc legitimate?
North Of Boston Library Exchange Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. North Of Boston Library Exchange Inc 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: $835,160
For more financial information, click here
Official website here: www.noblenet.org
What is the mission statement of North Of Boston Library Exchange Inc?
North of Boston Library Exchange Inc serves as a collaborative effort among 25 local libraries, acting as a technology partner to enhance library services through automation. Their primary mission is to improve library operations by developing and maintaining a computer-supported network, allowing members to access a shared catalog and research database of various resources, including books, periodicals, media, and electronic materials, available across all participating libraries.
Official website here: www.noblenet.org
Who is the CEO of North Of Boston Library Exchange Inc?
Myron Schirer-Suter is the Director of North Of Boston Library Exchange Inc.
Official website here: www.noblenet.org
What is the revenue of North Of Boston Library Exchange Inc?
North Of Boston Library Exchange Inc's revenue in 2023 was $2,507,743.
Official website here: www.noblenet.org
Who are the executives of North Of Boston Library Exchange Inc and what are their salaries?
The average compensation at North Of Boston Library Exchange Inc during 2023 was $69,597. There are 12 employees at North Of Boston Library Exchange Inc.
Here are 11 key members and their salaries:
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- Compensation: $130,812
- Related: $11,758
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- Compensation: $111,349
- Related: $10,052
- Other: $0
Official website here: www.noblenet.org
Where can I find the form 990 for North Of Boston Library Exchange Inc?
North Of Boston Library Exchange Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.noblenet.org
Learn more at the official website: www.noblenet.org
Mission Statement of North Of Boston Library Exchange Inc
North of Boston Library Exchange, Inc., a collaborative initiative of 25 area libraries, serves as a technological partner for these libraries with a mission to enhance library services. Established with the aim of automation, this organization seeks to improve library offerings by pooling resources and sharing data. The organization manages a collective catalog and research database, encompassing books, periodicals, media, and electronic resources, which are all accessible from each participating library. This collaborative effort allows members to benefit from a broader range of resources, thereby enhancing the overall library experience for the community.
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Impact
October, 2024
North Of Boston Library Exchange Inc significantly enhances library services in the region by acting as a technology partner for 25 area libraries. By facilitating automation, it improves access to a comprehensive catalog and research database that includes books, periodicals, media, and electronic resources across all member libraries. This collaborative effort not only streamlines operations but also enriches the educational resources available to the community, ensuring that patrons have a seamless experience when seeking information. By centralizing and modernizing library services, it plays a crucial role in fostering a well-informed and connected community in the North of Boston area.
This information is meant to be a general summary of North Of Boston Library Exchange Inc. 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 2023.
- Investment Income: $81,479
- Program Service Revenue: $613,561
- Gross Receipts: $2,507,743
Assets and Liabilities:
- Total Assets: $2,651,210
- Total Liabilities: $284,876
- Net Assets: $2,366,334
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PERIODICAL DATABASE
Revenue
$613,561
Organization Details
Founding Year
1985
Phone
(978) 777-8844Principal Officer
Myron Schirer-Suter
Main Address
5 CHERRY HILL DRIVE, DANVERS, MA, 01923
Website
www.noblenet.orgNTEE Category
Code: B71C - Education
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