Overview
What is Friends Of The Butt-Holdsworth Memorial Library?
Friends of the Butt-Holdsworth Memorial Library is a dedicated nonprofit organization that lends its support to Kerrville's city-owned library. Their primary goal is to promote the library's growth and accessibility. They accomplish this by funding the summer reading program, providing resources in the form of large print and audio books, and backing the Born to Read program. By doing so, they strive to ensure that the library remains a valuable asset for the community, catering to various reading preferences and age groups.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 73%, earning it a Two-Star out of Four Star rating. This rating indicates that while the Friends Of The Butt-Holdsworth Memorial Library demonstrates some strong financial practices, there are significant areas needing improvement, particularly in governance and transparency.
The organization has a commendable accountability and finance score, with a high program expense ratio of 95.90%, indicating that the majority of funds are directed towards its programs. Additionally, it has a fully independent board and shows no material diversion of assets, suggesting sound financial management in these respects. However, the absence of a conflict of interest policy, whistleblower policy, and document retention policy raises concerns about governance practices.
Furthermore, the nonprofit's website is missing from its tax form, which detracts from its transparency and accessibility. The lack of crucial governance documents may hinder its credibility and trust among potential donors and stakeholders. Overall, while the organization shows promise in its financial commitments, addressing these governance issues will be essential for improving its rating and community trust going forward.
This AI summary has been generated from information found on Charity Navigator.
Is Friends Of The Butt-Holdsworth Memorial Library legitimate?
Friends Of The Butt-Holdsworth Memorial Library is a legitimate nonprofit organization registered as a 501(c)(3) entity. Friends Of The Butt-Holdsworth Memorial 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:
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What is the mission statement of Friends Of The Butt-Holdsworth Memorial Library?
The Friends of the Butt-Holdsworth Memorial Library is an organization dedicated to supporting a public library. Their primary mission is to foster the growth and success of this community-owned library. They achieve this by funding initiatives such as the summer reading program and purchasing large print and audio books. Additionally, they contribute to the Born to Read program, which aims to promote literacy among children. In essence, the Friends of the Butt-Holdsworth Memorial Library work tirelessly to enhance the library's resources and services, thereby contributing to the overall educational and informational needs of the community.
Who is the CEO of Friends Of The Butt-Holdsworth Memorial Library?
Melinda Kay Stewart is the President of Friends Of The Butt-Holdsworth Memorial Library.
What is the revenue of Friends Of The Butt-Holdsworth Memorial Library?
Friends Of The Butt-Holdsworth Memorial Library's revenue in 2022 was $35,302.
Who are the executives of Friends Of The Butt-Holdsworth Memorial Library and what are their salaries?
There 25 volunteers at Friends Of The Butt-Holdsworth Memorial Library.
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Where can I find the form 990 for Friends Of The Butt-Holdsworth Memorial Library?
Friends Of The Butt-Holdsworth Memorial Library's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Friends Of The Butt-Holdsworth Memorial Library
Friends of the Butt-Holdsworth Memorial Library is a dedicated organization that embodies the spirit of supporting public libraries. Their primary mission is to aid Kerrville's city-owned library by funding various initiatives. This includes the summer reading program, which is a significant event that encourages children's literacy development. Furthermore, they contribute financially towards the procurement of large print and audio books, catering to the reading needs of a diverse audience. Additionally, Friends of the Butt-Holdsworth Memorial Library supports the Born to Read program, an initiative that fosters early literacy among young children. In essence, their mission is centered around bolstering the public library's resources and programs, ensuring it serves the community effectively and comprehensively.
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Impact
August, 2024
Friends of the Butt-Holdsworth Memorial Library has a significant impact on the Kerrville community by providing vital support to the city-owned library. Through funding initiatives such as the summer reading program, purchasing large print and audio books, and supporting programs like Born to Read, the organization plays a crucial role in promoting literacy and access to educational resources in Kerrville. Their mission to support the public library contributes to the enrichment of the community and the development of lifelong learning opportunities for residents.
This information is meant to be a general summary of Friends Of The Butt-Holdsworth Memorial 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: $17,761
- Gross Receipts: $339,692
Assets and Liabilities:
- Total Assets: $267,374
- Total Liabilities: $0
- Net Assets: $267,374
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Organization Details
Principal Officer
Melinda Kay Stewart
Main Address
P O BOX 293342, KERRVILLE, TX, 78028
NTEE Category
Code: B70 - Education
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