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The Tippecanoe County 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: 352044913 ✦ Lafayette, IN ✦ Designated as a 501(c)(3)

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Overview

What is The Tippecanoe County Public Library Foundation Inc?

The Tippecanoe County Public Library Foundation Inc is a nonprofit organization situated in Lafayette, Indiana, specifically at 627 South Street, 47901. Its primary mission is to advocate, encourage, and support the Tippecanoe County Public Library in its current and future endeavors. By doing so, the foundation aims to contribute to the library's ongoing operations and potential growth.


Official website here: www.tcpl.lib.in.us/foundation

What are the reviews and ratings of this charity?

Charity Navigator Rating: 86%, Three-Star out of Four Star Rating

The Tippecanoe County Public Library Foundation Inc has received an 86% rating, which translates to a Three-Star rating on Charity Navigator. This score highlights the organization's strong performance in accountability and finance, as all aspects of the score stem from this area. The foundation has an exemplary track record concerning board independence and financial management.

One of the notable strengths of the organization is its fully independent board, comprising five members, which contributes to transparency and good governance. The foundation also has no material diversion of assets and maintains a high program expense ratio of 91.34%, indicating that the majority of its funds are directed towards its mission-related programs. Additionally, it demonstrates robust practices with polices regarding conflicts of interest and document retention.

However, there are some limitations, including the absence of a whistleblower policy, which is a crucial aspect of organizational transparency and protection for individuals reporting misconduct. Despite this, the overall financial health and governance structure of the Tippecanoe County Public Library Foundation suggest a commitment to its mission and accountability to its stakeholders.


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

Is The Tippecanoe County Public Library Foundation Inc legitimate?

The Tippecanoe County Public Library Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Tippecanoe County 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.tcpl.lib.in.us/foundation

What is the mission statement of The Tippecanoe County Public Library Foundation Inc?

The Tippecanoe County Public Library Foundation Inc's mission is centered around promoting, encouraging, and supporting the Tippecanoe County Public Library in its existing and future endeavors. The organization aims to aid the library in various projects, contributing to its continuous growth and development. The mission is primarily focused on providing support to the library, helping it to thrive and expand its services. The Foundation's activities may include fundraising, advocacy, and offering financial assistance to cover the library's expenses.


Official website here: www.tcpl.lib.in.us/foundation

Who is the CEO of The Tippecanoe County Public Library Foundation Inc?

Jos N Holman is the Secretary of The Tippecanoe County Public Library Foundation Inc.


Official website here: www.tcpl.lib.in.us/foundation

What is the revenue of The Tippecanoe County Public Library Foundation Inc?

The Tippecanoe County Public Library Foundation Inc's revenue in 2022 was $57,198.


Official website here: www.tcpl.lib.in.us/foundation

Who are the executives of The Tippecanoe County Public Library Foundation Inc and what are their salaries?


Here are 5 key members and their salaries:


Stephen Bultnick (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Nick Fetchina (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Prella Mcbride (Vice Preside)
  • Compensation: $0
  • Related: $0
  • Other: $0
Chase Newson (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rita Smith (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.tcpl.lib.in.us/foundation

Where can I find the form 990 for The Tippecanoe County Public Library Foundation Inc?

The Tippecanoe County Public Library Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.tcpl.lib.in.us/foundation

Learn more at the official website: www.tcpl.lib.in.us/foundation

Mission Statement of The Tippecanoe County Public Library Foundation Inc

The Tippecanoe County Public Library Foundation Inc is dedicated to promoting, encouraging, and supporting the Tippecanoe County Public Library in its existing and future endeavors. This organization plays a crucial role in aiding the library in its various ventures, serving as a source of assistance and encouragement. Its mission is centered around fostering the growth and development of the library, ensuring its continued success and impact in the community.

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Impact




August, 2024

The Tippecanoe County Public Library Foundation Inc's impact is felt through its efforts to promote, encourage, support, and aid the Tippecanoe County Public Library in its existing and future enterprises. By supporting expenses related to the library, the foundation plays a vital role in enhancing the resources and services available to the community in Lafayette, Indiana. Through its philanthropic endeavors, the foundation helps improve access to educational materials, programs, and opportunities for individuals of all ages, thereby contributing to the overall enrichment of the community.




This information is meant to be a general summary of The Tippecanoe County 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
$57,198 (2022)
Expenses
$13,130 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $31,953
  • Gross Receipts: $57,198

Assets and Liabilities:

  • Total Assets: $1,445,625
  • Total Liabilities: $0
  • Net Assets: $1,445,625

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Organization Details

Founding Year

1997

Principal Officer

Jos N Holman

Main Address

627 SOUTH ST, LAFAYETTE, IN, 47901

NTEE Category

Code: T70 - Philanthropy

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