Overview
What is Downingtown Library Company?
Downingtown Library Company is a nonprofit organization situated in the Greater Downingtown Area, Pennsylvania. Its primary mission is to offer a wide range of library services, including books, digital resources, and programs, to enhance the learning and recreational experiences of the community. The company's goals are to foster lifelong learning and contribute to a better quality of life for its residents. The Downingtown Library Company operates a public library in Downingtown, PA, providing diverse formats of information to cater to various needs and promote continuous learning.
Official website here: www.downingtownlibrary.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 88% (Three-Star out of Four Star rating)
Downingtown Library Company has received a solid score of 88%, which reflects its strong performance in accountability and finance. The rating is particularly commendable as it indicates that the organization adheres to high standards in its financial practices and governance, having achieved full marks for independent board members and the absence of material diversion of assets.
The library company demonstrates excellent financial transparency with an audit rating of 15 out of 15 points and a well-maintained website that meets regulatory requirements. Additionally, the organization has implemented various governance policies, such as conflict of interest and whistleblower policies, enhancing its accountability framework.
However, one area of concern is its program expense ratio of 63.55%, which, while fairly good, suggests that there may be room for improvement in directing a larger portion of expenses toward its programs. Overall, the Downingtown Library Company shows commitment to responsible management and transparency, making it a reliable option for potential donors.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about Downingtown Library Company?
100% of 17 reviewers on Facebook recommend Downingtown Library Company. Here is a summary of their reviews:
The new library has received enthusiastic praise for its family-friendly atmosphere, particularly highlighting the playroom designed for young children. Visitors appreciate the welcoming environment that encourages families to spend time together while engaging with the library's resources.
Overall, support for the Downingtown Library Company is strong, with users expressing satisfaction with the enhancements made to the facility and the thoughtful design catering to families. The positive sentiment underscores the library's commitment to serving the community effectively.
This AI summary has been generated from reviews found on Facebook.
Is Downingtown Library Company legitimate?
Downingtown Library Company is a legitimate nonprofit organization registered as a 501(c)(3) entity. Downingtown Library Company 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: $181,501
For more financial information, click here
Official website here: www.downingtownlibrary.org
What is the mission statement of Downingtown Library Company?
The Downingtown Library Company's mission is centered around providing access to exceptional opportunities for individuals in their community to engage in reading, learning, creating, connecting, and contributing to an improved quality of life. They achieve this by offering library services in various formats, catering to both recreational needs and promoting lifelong learning. The organization strives to make information widely available to satisfy the diverse needs of the community, thereby fostering a love for knowledge and personal development.
Official website here: www.downingtownlibrary.org
Who is the CEO of Downingtown Library Company?
Ronald Dankanich is the Director of Downingtown Library Company.
Official website here: www.downingtownlibrary.org
What is the revenue of Downingtown Library Company?
Downingtown Library Company's revenue in 2022 was $500,187.
Official website here: www.downingtownlibrary.org
Who are the executives of Downingtown Library Company and what are their salaries?
The average compensation at Downingtown Library Company during 2022 was $10,677. There are 17 employees at Downingtown Library Company.
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Official website here: www.downingtownlibrary.org
Where can I find the form 990 for Downingtown Library Company?
Downingtown Library Company's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.downingtownlibrary.org
Learn more at the official website: www.downingtownlibrary.org
Mission Statement of Downingtown Library Company
The Downingtown Library Company is committed to ensuring that every resident in the Greater Downingtown area has access to a wide range of opportunities for reading, learning, creating, connecting, and contributing towards an improved quality of life. The organization's mission is to provide library services, making information available in various formats to satisfy both recreational needs and to encourage lifelong learning. By offering a public library program, Downingtown Library Company plays a vital role in promoting knowledge, creativity, and community engagement, aiming to enhance the lives of its community members.
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Impact
July, 2024
The Downingtown Library Company's impact is significant in ensuring that every resident of the Greater Downingtown Area has access to exceptional opportunities to read, learn, create, connect, and contribute to a better quality of life. By providing library services in diverse formats that cater to recreational needs and promote lifelong learning, the company plays a crucial role in enriching the community and fostering a culture of education and connectivity. Through its public library program in Downingtown, PA, the Downingtown Library Company is instrumental in facilitating access to information and resources that empower individuals to grow, learn, and engage with their community.
This information is meant to be a general summary of Downingtown Library Company. 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: $5,729
- Program Service Revenue: $38,692
- Gross Receipts: $500,187
Assets and Liabilities:
- Total Assets: $354,274
- Total Liabilities: $0
- Net Assets: $354,274
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PUBLIC LIBRARY
Revenue
$38,692
Organization Details
Founding Year
1904
Phone
(610) 269-2741Principal Officer
Ronald Dankanich
Main Address
122 WALLACE AVENUE, DOWNINGTOWN, PA, 19335
Website
www.downingtownlibrary.orgNTEE Category
Code: B71Z - Education
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