Overview
What is Kennett Library?
Kennett Library is a vital nonprofit institution situated at 320 E State Street, Kennett Square, Pennsylvania 19348. Serving eight municipalities within Southern Chester County, including East Marlborough, Kennett Square, Kennett Township, New Garden, Newlin, Pennsbury, Pocopson, and West Marlborough, this library is committed to delivering library services to its established service area. The mission of Kennett Library is to foster learning, inspire curiosity, and foster community engagement by providing a wide range of resources and programs. With a dedicated team of 24 employees, the library contributes significantly to the educational and recreational needs of its local community.
Official website here: www.kennettlibrary.org
What are the reviews and ratings of this charity?
Rating from Charity Navigator: 100% (Four-Star out of Four Star rating)
Kennett Library has achieved a perfect score on Charity Navigator, reflecting its exemplary performance in accountability and finance. The organization demonstrates strong governance practices, with 100% of its board members being independent. This level of oversight, along with comprehensive financial audits and policies related to conflicts of interest and whistleblower protections, indicates a commitment to transparency and ethical management.
The library's financial health is robust, evidenced by a low liabilities to assets ratio of 12.86% and a high program expense ratio of 75.53%, which suggests that the majority of its funds are directed toward its programs rather than administrative costs. Additionally, its fundraising efficiency is notable, with only $0.05 spent to raise a dollar, showcasing effective financial stewardship.
Overall, Kennett Library stands out as a well-managed nonprofit, excelling in accountability and financial practices. The organization effectively communicates its financial information, ensuring that stakeholders can easily access its tax forms and board meeting minutes, fostering trust within the community it serves.
This AI summary has been generated from information found on Charity Navigator.
Is Kennett Library legitimate?
Kennett Library is a legitimate nonprofit organization registered as a 501(c)(3) entity. Kennett Library 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: $75,111
Professional Fundraising Fees: $0
Other Salaries and Wages: $438,477
For more financial information, click here
Official website here: www.kennettlibrary.org
What is the mission statement of Kennett Library?
The Kennett Library's mission is centered around providing library services to its established service area. This mission is carried out by catering to the residents of eight municipalities, namely East Marlborough, Kenneth Square, Kenneth Township, New Garden, Newlin, Pennsbury, Pocopson, and West Marlborough, located in Southern Chester County. The library aims to contribute positively to the communities it serves by offering a wide range of library services.
Official website here: www.kennettlibrary.org
Who is the CEO of Kennett Library?
Bradley Peiper is the Vice Preside of Kennett Library.
Official website here: www.kennettlibrary.org
What is the revenue of Kennett Library?
Kennett Library's revenue in 2022 was $4,046,003.
Official website here: www.kennettlibrary.org
Who are the executives of Kennett Library and what are their salaries?
The average compensation at Kennett Library during 2022 was $21,400. There are 24 employees and 130 volunteers at Kennett Library.
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Official website here: www.kennettlibrary.org
Where can I find the form 990 for Kennett Library?
Kennett Library's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.kennettlibrary.org
Learn more at the official website: www.kennettlibrary.org
Mission Statement of Kennett Library
Kennett Library, a vital institution, is dedicated to delivering library services to its established service area. Its primary mission is to cater to the needs of residents in eight municipalities, including East Marlborough, Kennett Square, Kennett Township, New Garden, Newlin, Pennsbury, Pocopson, and West Marlborough, located in Southern Chester County. The library serves as a hub for knowledge, providing resources and opportunities for learning and personal growth to its community members. By offering a wide range of library services, Kennett Library aims to enrich the lives of its patrons and contribute to the overall development of its service area.
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Impact
October, 2024
Kennett Library significantly impacts the community by offering essential library services to residents across eight municipalities in Southern Chester County, including East Marlborough, Kennett Square, Kennett Township, New Garden, Newlin, Pennsbury, Pocopson, and West Marlborough. By fostering a love for education and providing access to valuable resources, the library serves as a vital hub for learning and community engagement. It enhances literacy, offers cultural programs, and supports lifelong learning, contributing to the overall well-being and development of the local population. The library's presence helps to create an informed, connected, and vibrant community.
This information is meant to be a general summary of Kennett Library. 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: $62,478
- Program Service Revenue: $20,442
- Gross Receipts: $4,200,823
Assets and Liabilities:
- Total Assets: $15,578,743
- Total Liabilities: $2,003,619
- Net Assets: $13,575,124
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
CHARGES, FINES, OVERDUES
Revenue
$16,546
SALE OF LIBRARY MATERIALS
Revenue
$3,896
Organization Details
Founding Year
1895
Phone
(610) 444-2702Principal Officer
Bradley Peiper
Main Address
320 E STATE STREET, KENNETT SQUARE, PA, 19348
Website
www.kennettlibrary.orgNTEE Category
Code: B70 - Education
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