Overview
What is Mt Morris Community Library Fndtn?
The Mt Morris Community Library Foundation is a nonprofit organization dedicated to strengthening the Mt Morris Public Library. They accomplish this by organizing fundraising events, seeking donations and memorials, and managing investment returns to sustain the library's operations. One of their notable achievements is the successful "9X9X9" fundraiser, which ensured that each first-grader in the local school district received a book every month during the school year. By supporting the library in this manner, the foundation contributes to the community's literacy and education efforts.
Official website here: www.mtmorrisil.net/library/
What are the reviews and ratings of this charity?
Charity Navigator Rating: 76%, Three-Star out of Four Star rating.
The Mt Morris Community Library Foundation has received a 76% score from Charity Navigator, reflecting a solid level of accountability and finance management. The rating is based entirely on a single beacon score, showcasing that the foundation excels in its financial practices. Notably, it boasts a 100% independent board, demonstrating strong governance.
Strengths include a high program expense ratio of 95.83%, indicating that the majority of its spending goes directly to its mission-related activities. Additionally, no material diversions of assets have been reported, and the organization maintains a favorable liabilities to assets ratio of 0.00%. However, it has been noted that certain policies, such as a conflict of interest policy and a whistleblower policy, are missing, which could be areas for improvement.
Overall, while the Mt Morris Community Library Foundation demonstrates significant strengths in financial accountability and governance, addressing the noted policy gaps could further enhance its operational transparency and integrity.
This AI summary has been generated from information found on Charity Navigator.
Is Mt Morris Community Library Fndtn legitimate?
Mt Morris Community Library Fndtn is a legitimate nonprofit organization registered as a 501(c)(3) entity. Mt Morris Community Library Fndtn 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.mtmorrisil.net/library/
What is the mission statement of Mt Morris Community Library Fndtn?
The Mt Morris Community Library Foundation's primary role is to support the Mt Morris Public Library. They accomplish this by organizing fundraisers, soliciting donations, managing investments, and overseeing memorials. One of their notable achievements was the successful fundraiser named "9X9X9," which enabled every first-grader in the local school district to receive a book each month during the school year. The foundation's mission is not explicitly stated in the provided information, but it can be inferred that their aim is to ensure the continued growth and success of the Mt Morris Public Library.
Official website here: www.mtmorrisil.net/library/
Who is the CEO of Mt Morris Community Library Fndtn?
Julie Robinson is the President of Mt Morris Community Library Fndtn.
Official website here: www.mtmorrisil.net/library/
What is the revenue of Mt Morris Community Library Fndtn?
Mt Morris Community Library Fndtn's revenue in 2022 was $21,203.
Official website here: www.mtmorrisil.net/library/
Who are the executives of Mt Morris Community Library Fndtn and what are their salaries?
Here are 11 key members and their salaries:
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Official website here: www.mtmorrisil.net/library/
Where can I find the form 990EZ for Mt Morris Community Library Fndtn?
Mt Morris Community Library Fndtn's most recent form 990EZ was submitted in 2022 and can be accessed here.
Official website here: www.mtmorrisil.net/library/
Learn more at the official website: www.mtmorrisil.net/library/
Mission Statement of Mt Morris Community Library Fndtn
The Mt Morris Community Library Foundation plays a crucial role in supporting the local Mt Morris Public Library. Its mission encompasses organizing fundraisers, soliciting donations, managing investment returns, and memorials. One of its notable achievements is the successful implementation of a fundraiser called "9X9X9," which provided every first-grader in the local school district with a book each month throughout the academic year. This initiative underscores the Foundation's commitment to fostering a love for reading and literacy among the community's youngest members. By supporting the library in various ways, the Mt Morris Community Library Foundation contributes to the educational and informational resources available to the community, thereby enriching its cultural landscape.
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Impact
August, 2024
Mt Morris Community Library Fndtn's impact can be seen in the support they provide to the Mt Morris Public Library. Through organizing fundraisers, soliciting donations and memorials, and managing investment returns, the foundation plays a vital role in ensuring the library's continued operation. One notable achievement is their successful fundraiser called "9X9X9," which resulted in every 1st grader in the local school district receiving a book per month throughout the school year. This initiative contributes to promoting literacy and education among the community's young students.
This information is meant to be a general summary of Mt Morris Community Library Fndtn. 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: $19,883
- Program Service Revenue: $520
- Gross Receipts: $21,203
Assets and Liabilities:
- Total Assets: $446,559
- Total Liabilities: $0
- Net Assets: $446,559
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Organization Details
Phone
(815) 734-4927Principal Officer
Julie Robinson
Main Address
105 S McKendrie Ave, Mount Morris, IL, 61054
Website
www.mtmorrisil.net/library/NTEE Category
Code: B70 - Education
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