Overview
What is Central Arkansas Library System Foundation?
The Central Arkansas Library System Foundation is a nonprofit organization situated in Little Rock, Arkansas, specifically at 100 Rock Street. Its primary mission is to support the Central Arkansas Library System (CALS) and its various educational and cultural programs, catering to the needs of its patrons, communities, and neighborhoods served by CALS and its branches. This assistance includes funding for initiatives that enrich the local community, fostering a culture of learning and creativity.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 94% (Four-Star out of Four Star rating)
The Central Arkansas Library System Foundation has received a commendable 94% score from Charity Navigator, reflecting its strong performance in accountability and finance. This high rating indicates that the organization is well-managed, with a focus on transparency and responsible financial practices, as evidenced by a perfect score in multiple categories, including independent board membership and financial audits.
Key strengths of the foundation include its complete independence among board members and a robust program expense ratio of 87.72%, demonstrating a commitment to using funds effectively for its mission. The organization has also established various policies, such as conflict of interest and whistleblower protections, ensuring ethical governance and safeguarding stakeholder interests.
While the organization appears to excel in many areas, it is crucial for potential donors and stakeholders to continue monitoring its performance to ensure ongoing accountability and financial health. Overall, the Central Arkansas Library System Foundation shows promise as a responsible and impactful nonprofit.
This AI summary has been generated from information found on Charity Navigator.
Is Central Arkansas Library System Foundation legitimate?
Central Arkansas Library System Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Central Arkansas Library System Foundation 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.
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What is the mission statement of Central Arkansas Library System Foundation?
The Central Arkansas Library System Foundation's mission is centered around providing assistance for the educational and cultural programs offered by the Central Arkansas Library System (CALS) and its branches. This support aims to cater to the needs of the patrons, communities, and neighborhoods that CALS serves. The foundation's primary goal is to enhance the library system's capabilities in delivering quality educational and cultural experiences.
Who is the CEO of Central Arkansas Library System Foundation?
Wilson Jones is the President of Central Arkansas Library System Foundation.
What is the revenue of Central Arkansas Library System Foundation?
Central Arkansas Library System Foundation's revenue in 2022 was $748,315.
Who are the executives of Central Arkansas Library System Foundation and what are their salaries?
There 10 volunteers at Central Arkansas Library System Foundation.
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Where can I find the form 990 for Central Arkansas Library System Foundation?
Central Arkansas Library System Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Central Arkansas Library System Foundation
The Central Arkansas Library System Foundation's primary purpose is to support the educational and cultural programs offered by the Central Arkansas Library System (CALS) and its branches. This nonprofit organization aims to cater to the needs of the communities and neighborhoods served by CALS, providing them with resources and opportunities for learning and enrichment. By offering its support, the Central Arkansas Library System Foundation contributes to the development and enhancement of the library system's educational and cultural programming, thereby enriching the lives of its patrons.
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Impact
October, 2024
The Central Arkansas Library System Foundation significantly enhances the educational and cultural landscape of Little Rock and its surrounding communities. By providing essential support for programming and resources, the Foundation enriches the lives of patrons and fosters a love for learning and community engagement.
Through a diverse array of educational initiatives and cultural programming, the Foundation ensures that all individuals have access to valuable resources, activities, and events that promote knowledge and creativity. This commitment serves to strengthen community bonds and empower residents, making the library system a vital hub for lifelong learning and cultural enrichment.
By investing in the communities and neighborhoods served by the Central Arkansas Library System, the Foundation plays a crucial role in nurturing informed, engaged, and vibrant communities throughout the region.
This information is meant to be a general summary of Central Arkansas Library System Foundation. 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: $120,442
- Gross Receipts: $748,315
Assets and Liabilities:
- Total Assets: $5,132,360
- Total Liabilities: $458
- Net Assets: $5,131,902
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Organization Details
Founding Year
2009
Phone
(501) 918-3039Principal Officer
Wilson Jones
Main Address
100 ROCK STREET, LITTLE ROCK, AR, 72201
NTEE Category
Code: B11 - Education
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