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Norwalk Public Library Foundation Inc

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 260376450 ✦ Norwalk, CT ✦ Designated as a 501(c)(3)

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Overview

What is Norwalk Public Library Foundation Inc?

Norwalk Public Library Foundation Inc, headquartered at 1 Belden Avenue, Norwalk, Connecticut 06850, is a nonprofit organization dedicated to enriching the Norwalk Public Library System. Their mission involves soliciting, receiving, and managing funds for literary, educational, and public initiatives. These resources contribute to various programs and services aimed at benefiting the library system, ultimately promoting literacy and education in the community.


Official website here: www.norwalkpubliclibrary.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 76% (Three-Star out of Four Stars)

The Norwalk Public Library Foundation Inc has earned a Three-Star rating from Charity Navigator, indicating a fair level of accountability and finance management. The overall score is based solely on the Accountability & Finance beacon, where the organization scored particularly well in areas such as having a majority of independent board members and no material diversion of assets.

However, there are notable limitations impacting their score. The foundation lacks critical policies, such as a conflict of interest policy, a whistleblower policy, and document retention and destruction protocols, which contributed to lower scores in these areas. Despite these shortcomings, the library foundation allocates a significant portion of its expenses towards programs, demonstrating a commitment to their mission.


This AI summary has been generated from information found on Charity Navigator.

Is Norwalk Public Library Foundation Inc legitimate?

Norwalk Public Library Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Norwalk Public Library Foundation 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

For more financial information, click here


Official website here: www.norwalkpubliclibrary.org

What is the mission statement of Norwalk Public Library Foundation Inc?

The Norwalk Public Library Foundation Inc's mission is centered around fundraising and administration. Their primary objective is to gather resources for literary, educational, and public initiatives, specifically benefiting the Norwalk Public Library System. They manage these funds diligently to support various programs and services that enhance the library system's offerings. Furthermore, the foundation maintains an endowment to ensure the provision of necessary materials and services to the Norwalk Public Library System.


Official website here: www.norwalkpubliclibrary.org

What is the revenue of Norwalk Public Library Foundation Inc?

Norwalk Public Library Foundation Inc's revenue in 2023 was $113,327.


Official website here: www.norwalkpubliclibrary.org

Who are the executives of Norwalk Public Library Foundation Inc and what are their salaries?

Here are 3 key members and their salaries:


Patsy Brescia (Vice Preside)
  • Compensation: $0
  • Related: $0
  • Other: $0
Moina Noor (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jannie Williams (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.norwalkpubliclibrary.org

Where can I find the form 990 for Norwalk Public Library Foundation Inc?

Norwalk Public Library Foundation Inc's most recent form 990 was submitted in 2023 and can be accessed here.


Official website here: www.norwalkpubliclibrary.org

Learn more at the official website: www.norwalkpubliclibrary.org

Mission Statement of Norwalk Public Library Foundation Inc

The Norwalk Public Library Foundation Inc is an organization dedicated to raising funds for literary, educational, and public initiatives that benefit the Norwalk Public Library System. Their primary mission involves soliciting, receiving, and administering these funds meticulously. Their ultimate goal is to contribute to the provision of materials and services that enrich the library system, thus promoting literacy and education in the community. The foundation maintains an endowment to ensure the library system's continuous growth and development.

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Impact




October, 2024

The Norwalk Public Library Foundation Inc significantly enhances the literary, educational, and public initiatives within the Norwalk Public Library System. By soliciting, receiving, and administering funds, it plays a vital role in ensuring that the library can provide diverse materials and services to the community. This endowment helps maintain a robust selection of resources, supporting literacy and education for all residents.

The foundation's efforts directly contribute to enriching the cultural fabric of Norwalk, fostering a love for reading and learning among individuals of all ages. Its impact resonates through various programs and services that not only enhance access to information but also promote lifelong learning and community engagement. By prioritizing these initiatives, the Norwalk Public Library Foundation empowers residents, making knowledge available and accessible for everyone in the community.




This information is meant to be a general summary of Norwalk Public Library Foundation 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.

Revenue
$113,327 (2023)
Expenses
$47,785 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $18,959
  • Gross Receipts: $113,327

Assets and Liabilities:

  • Total Assets: $1,121,939
  • Total Liabilities: $0
  • Net Assets: $1,121,939

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Organization Details

Founding Year

2009

Principal Officer

Moina Noor

NTEE Category

Code: B12 - Education

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