Overview
What is Tunkhannock Library Association?
The Tunkhannock Library Association, located in Tunkhannock, Pennsylvania (specifically at 220 W TIOGA ST, ZIPCd 18657), serves as a valuable resource for Wyoming County residents. This nonprofit organization's mission is to offer convenient and free access to a broad spectrum of information and recreational materials, encompassing books, periodicals, audio/visual media, and in-person events. The association strives to cater to the educational, informational, and entertainment needs of the local community, thereby contributing significantly to their overall well-being. The Tunkhannock Library Association is led by a team of 14 dedicated individuals, further emphasizing its commitment to Wyoming County residents.
Official website here: www.tunkhannocklibrary.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 44%, Zero-Star out of Four Star Rating
The Tunkhannock Library Association has received a low rating of 44% from Charity Navigator, indicating significant concerns regarding its accountability and financial practices. While the organization excels in having a fully independent board and demonstrates strong oversight in financial statement audits, several critical policies are notably absent, such as a conflict of interest policy and a whistleblower policy. This lack of essential governance policies raises concerns about transparency and ethical management.
Strengths of the Tunkhannock Library Association include a well-composed board and a satisfactory program expense ratio of 47.74%, suggesting that nearly half of its expenditures are directed towards its programs. However, the organization's financial structure appears problematic, with an extremely low liabilities to assets ratio of 0.01%, which could indicate potential financial instability or mismanagement.
Overall, the library association's significant shortcomings in governance documents and policies suggest a need for improvement in transparency and accountability. Addressing these issues could help enhance trust and support from the community and stakeholders.
This AI summary has been generated from information found on Charity Navigator.
Is Tunkhannock Library Association legitimate?
Tunkhannock Library Association is a legitimate nonprofit organization registered as a 501(c)(3) entity. Tunkhannock Library Association 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: $162,314
For more financial information, click here
Official website here: www.tunkhannocklibrary.org
What is the mission statement of Tunkhannock Library Association?
The Tunkhannock Library Association's mission is centered around providing free and convenient access to a vast array of information, education, and entertainment for the residents of Wyoming County. This is achieved through a variety of mediums, including books, periodicals, audio/visual materials, and in-person events. The association aims to make these resources readily available, ensuring that the community has ample opportunities for learning and leisure.
Official website here: www.tunkhannocklibrary.org
Who is the CEO of Tunkhannock Library Association?
Ann Way is the President of Tunkhannock Library Association.
Official website here: www.tunkhannocklibrary.org
What is the revenue of Tunkhannock Library Association?
Tunkhannock Library Association's revenue in 2022 was $673,046.
Official website here: www.tunkhannocklibrary.org
Who are the executives of Tunkhannock Library Association and what are their salaries?
The average compensation at Tunkhannock Library Association during 2022 was $11,594. There are 14 employees at Tunkhannock Library Association.
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Official website here: www.tunkhannocklibrary.org
Where can I find the form 990 for Tunkhannock Library Association?
Tunkhannock Library Association's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.tunkhannocklibrary.org
Learn more at the official website: www.tunkhannocklibrary.org
Mission Statement of Tunkhannock Library Association
Tunkhannock Library Association is committed to serving the residents of Wyoming County, Pennsylvania, by offering them free and convenient access to a vast array of information, education, and entertainment. This nonprofit organization achieves this mission through various mediums, including books, periodicals, audio/visual media, and in-person events. By providing these resources, Tunkhannock Library Association aims to enhance the knowledge and leisure time of the community, ensuring that everyone has equal opportunities for learning and enjoyment.
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Impact
July, 2024
The Tunkhannock Library Association's impact is evident in its mission to provide all Wyoming County residents with free and convenient access to a wide range of information, education, and entertainment. By offering books, periodicals, audio/visual media, and in-person events, the library ensures that individuals in Wyoming County, Pennsylvania, have access to resources that enrich their lives and enhance their knowledge. This commitment to providing convenient access to a variety of materials free of charge highlights the association's dedication to promoting education and learning within the community.
This information is meant to be a general summary of Tunkhannock Library Association. 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: $25,803
- Program Service Revenue: $6,075
- Gross Receipts: $680,604
Assets and Liabilities:
- Total Assets: $1,764,158
- Total Liabilities: $245
- Net Assets: $1,763,913
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PROGRAM SERVICE REVENUE
Revenue
$6,075
Organization Details
Founding Year
1890
Phone
(570) 836-1677Principal Officer
Ann Way
Main Address
220 W TIOGA ST, TUNKHANNOCK, PA, 18657
Website
www.tunkhannocklibrary.orgNTEE Category
Code: B03 - Education
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