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Athens Limestone Library Foundation

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

EIN: 352255041 ✦ Athens, AL ✦ Designated as a 501(c)(3)

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Overview

What is Athens Limestone Library Foundation?

The Athens Limestone Library Foundation is a nonprofit organization, whose specific details, such as location or number of employees, are not provided in the given information. However, it appears to be focused on supporting libraries, as suggested by its name. The information indicates that the foundation's activities or mission are currently unavailable for unregistered users. To gain access to more details, creating a free account is suggested.


Official website here: www.alcplfoundation.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 58% (One-Star out of Four Star rating)

The Athens Limestone Library Foundation has received a low rating of 58%, indicating concerns regarding its accountability and finance practices. While the organization has achieved full scores in areas such as having an entirely independent board and demonstrating no material diversion of assets, it falls short in key aspects, notably the absence of a whistleblower policy and a document retention policy.

Despite a strong program expense ratio of 74.22%, which suggests a substantial portion of its resources is directed towards its mission, the organization's liabilities to assets ratio is significantly high at 381.90%. This raises questions about its financial stability and effective management of resources. Additionally, the nonprofit's tax form is not posted on its website, which is another transparency issue that potential donors may consider.

Overall, while there are some strengths in governance, the significant limitations in financial management and transparency practices contribute to the low rating. Stakeholders and potential donors may want to monitor these areas closely before making a decision to support the foundation.


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

Is Athens Limestone Library Foundation legitimate?

Athens Limestone Library Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Athens Limestone Library Foundation submitted a form 990EZ, 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.


Official website here: www.alcplfoundation.org

What is the mission statement of Athens Limestone Library Foundation?

The Athens Limestone Library Foundation, as per its mission description, is committed to expanding access to knowledge and resources for individuals. However, due to the limited information provided, it's not possible to provide a detailed mission statement beyond this general summary. The data suggests that the foundation aims to offer more profile views to users who register, but this does not directly relate to their mission statement. Therefore, the specific objectives, goals, and activities of the Athens Limestone Library Foundation remain unclear from the provided information.


Official website here: www.alcplfoundation.org

Who is the CEO of Athens Limestone Library Foundation?

Scott Cook is the President of Athens Limestone Library Foundation.


Official website here: www.alcplfoundation.org

What is the revenue of Athens Limestone Library Foundation?

Athens Limestone Library Foundation's revenue in 2022 was $116,101.


Official website here: www.alcplfoundation.org

Who are the executives of Athens Limestone Library Foundation and what are their salaries?


Here are 4 key members and their salaries:


Scott Cook (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Anna Clem (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
G B Austin (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dana Henry (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.alcplfoundation.org

Where can I find the form 990EZ for Athens Limestone Library Foundation?

Athens Limestone Library Foundation's most recent form 990EZ was submitted in 2022 and can be accessed here.


Official website here: www.alcplfoundation.org

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

Mission Statement of Athens Limestone Library Foundation

The Athens Limestone Library Foundation, in its mission, aims to expand the scope of library services in an unspecified capacity. Unfortunately, the provided information does not offer sufficient details about the specific activities or objectives of this organization in relation to libraries. It merely mentions that the foundation has a mission, without elaborating on what that mission entails. Therefore, a comprehensive summary cannot be provided at this time.

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Impact




October, 2024

The Athens Limestone Library Foundation plays a vital role in enhancing educational opportunities and resources for the community. By supporting the local library, it contributes to the development and accessibility of important learning materials and programs. The foundation's efforts help foster a love for reading and lifelong learning among residents of Athens, Alabama, ultimately enriching the community's cultural and intellectual landscape. Through its initiatives, the foundation directly impacts literacy rates, encourages educational advancement, and promotes community engagement around the library's resources and events.




This information is meant to be a general summary of Athens Limestone 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.

Revenue
$116,101 (2022)
Expenses
$124,570 (2022)
Efficiency

Other financial information:

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

  • Gross Receipts: $130,948

Assets and Liabilities:

  • Total Assets: $30,044
  • Total Liabilities: $676,187
  • Net Assets: -$646,143

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Organization Details

Principal Officer

Scott Cook

Main Address

603 S JEFFERSON STREET, ATHENS, AL, 35611

NTEE Category

Code: B11 - Education

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