Overview
What is Thetford Library Federation Inc?
Thetford Library Federation Inc is a nonprofit organization, specifically dedicated to serving the community by offering public library services. Located in Thetford, Vermont, the organization provides a range of resources and facilities for the local population. Their mission is centered around enhancing access to knowledge, literature, and educational materials, thereby fostering a culture of learning and community engagement.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 77%, Three-Star out of Four Star rating.
The Thetford Library Federation Inc has received a Three-Star rating from Charity Navigator, indicating a fair level of transparency and accountability. The overall score is based solely on the Accountability & Finance beacon, which evaluates various aspects of the organization's financial practices. A strong aspect of the organization is its entirely independent board, scoring 10 out of 10 points in this area, as well as a commendable liability to assets ratio, indicating sound financial health.
However, the organization has some areas that require improvement. Notably, it lacks policies for whistleblower protections and document retention, both receiving zero points in their evaluations. Additionally, the absence of documented board meeting minutes is a significant transparency concern. While Thetford Library Federation Inc excels in accountability and has no material diversion of assets, enhancing its policy framework could strengthen its overall performance and credibility.
This AI summary has been generated from information found on Charity Navigator.
Is Thetford Library Federation Inc legitimate?
Thetford Library Federation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Thetford Library Federation 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: $0
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What is the mission statement of Thetford Library Federation Inc?
Thetford Library Federation Inc's mission is centered around providing public library services to their community. This commitment involves offering a wide range of resources and facilities that cater to various learning, reading, and information needs of the community members. The organization's primary goal is to foster an inclusive and literate community by making essential library services easily accessible. They strive to create an environment that encourages lifelong learning, fosters a love for reading, and supports the community's educational and informational needs. Additionally, they aim to promote digital literacy and equip the community with the necessary tools for the digital age.
What is the revenue of Thetford Library Federation Inc?
Thetford Library Federation Inc's revenue in 2024 was $155,111.
Who are the executives of Thetford Library Federation Inc and what are their salaries?
Here are 6 key members and their salaries:
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Where can I find the form 990 for Thetford Library Federation Inc?
Thetford Library Federation Inc's most recent form 990 was submitted in 2024 and can be accessed here.
Mission Statement of Thetford Library Federation Inc
Thetford Library Federation Inc, as a nonprofit organization, is dedicated to providing essential library services to its community. Its primary mission is to cater to the informational needs of the public, offering a wide range of resources and facilities. By offering public library services, Thetford Library Federation Inc aims to foster learning, promote knowledge sharing, and encourage a culture of reading within the community. The organization's commitment is to make this valuable resource accessible to all, ensuring that everyone has an opportunity to enrich their minds and broaden their horizons.
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Impact
October, 2024
Thetford Library Federation Inc significantly enhances the community of Thetford, VT, by providing essential public library services. Its mission centers on fostering education and access to information for all residents. The library serves as a vital resource hub, offering a diverse collection of books and digital materials, as well as programs that promote lifelong learning and literacy.
By hosting workshops, reading programs, and community events, the library cultivates a love for reading and learning among individuals of all ages. This engagement not only enriches the educational landscape but also strengthens community ties, making the library a cornerstone of local culture and social interaction.
Moreover, the library supports equitable access to knowledge, helping bridge information gaps for underserved community members. In doing so, Thetford Library Federation Inc plays a crucial role in empowering individuals, fostering a well-informed population, and contributing to the overall vitality of the community.
This information is meant to be a general summary of Thetford Library Federation 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 2024.
- Investment Income: $7,039
- Gross Receipts: $155,111
Assets and Liabilities:
- Total Assets: $492,549
- Total Liabilities: $0
- Net Assets: $492,549
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Organization Details
Founding Year
1972
Principal Officer
Mary Wunderlich
NTEE Category
Code: B70 - Education
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