Overview
What is Galesburg Public Library Foundation?
The Galesburg Public Library Foundation is a nonprofit organization dedicated to improving and expanding the resources and services of the Galesburg Public Library. They achieve this by securing support and revenue, thereby boosting the library's offerings. This commitment to enrichment allows the library to better serve its community.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 82%, Three-Star out of Four Star rating. The Galesburg Public Library Foundation has demonstrated a solid commitment to accountability and financial health, which is reflected in its high score of 83% in this area. The organization boasts a fully independent board and maintains exemplary financial practices, including a very low liabilities to assets ratio and a program expense ratio of over 92%, indicating a strong focus on programmatic spending.
In terms of community engagement, the foundation scored 82% in culture and community metrics. Notably, it received perfect marks for constituent feedback collection and usage, showcasing its dedication to understanding and responding to the needs of the community it serves. This indicates a well-rounded approach to both financial management and community involvement.
However, while the foundation excels in many areas, its equity strategies score of 73 suggests there may still be room for improvement in promoting equity within its operations and initiatives. Overall, the Galesburg Public Library Foundation reflects a responsible and community-focused nonprofit organization.
This AI summary has been generated from information found on Charity Navigator.
Is Galesburg Public Library Foundation legitimate?
Galesburg Public Library Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Galesburg Public Library 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.
Heare are some key statistics you may want to consider:
Executive Compensation: $15,989
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
What is the mission statement of Galesburg Public Library Foundation?
The mission of the Galesburg Public Library Foundation is to enhance the resources and services offered by the Galesburg Public Library. This is achieved by securing support and revenue to amplify the library's offerings. The foundation's goal is to contribute positively to the library's ability to provide an extensive range of resources and services to its users. By doing so, it aims to enrich the learning experiences and facilitate knowledge acquisition for the community.
Who is the CEO of Galesburg Public Library Foundation?
Heather Sipes is the Executive Director of Galesburg Public Library Foundation.
What is the revenue of Galesburg Public Library Foundation?
Galesburg Public Library Foundation's revenue in 2022 was $1,452,495.
Who are the executives of Galesburg Public Library Foundation and what are their salaries?
The average compensation at Galesburg Public Library Foundation during 2022 was $15,989. There is 1 employee at Galesburg Public Library Foundation.
Here are 14 key members and their salaries:
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Where can I find the form 990 for Galesburg Public Library Foundation?
Galesburg Public Library Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Galesburg Public Library Foundation
The Galesburg Public Library Foundation's mission is centered around enhancing the resources and services offered by the Galesburg Public Library. To accomplish this, the foundation seeks out support and revenue streams to augment the library's existing offerings, thereby providing an enriched experience for its patrons. By bolstering the library's resources, the foundation aims to contribute to a more comprehensive and engaging library experience for its community.
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Impact
October, 2024
The Galesburg Public Library Foundation significantly enhances library resources and services, providing crucial support that enriches the offerings of the Galesburg Public Library. By securing funding and fostering community engagement, it boosts the library's capabilities, ensuring that residents of Galesburg have access to a broader range of educational materials and services. This enhancement not only aids in the pursuit of knowledge but also promotes lifelong learning and community engagement, making the library a vital resource for all ages in the community.
This information is meant to be a general summary of Galesburg Public Library 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: $151,454
- Gross Receipts: $3,728,400
Assets and Liabilities:
- Total Assets: $3,521,615
- Total Liabilities: $1,438
- Net Assets: $3,520,177
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Organization Details
Founding Year
2009
Principal Officer
Heather Sipes
Main Address
40 E SIMMONS STREET, GALESBURG, IL, 61401
NTEE Category
Code: B70 - Education
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