Overview
What is Libraries First?
Libraries First is a nonprofit organization situated in Williams Bay, Wisconsin. With a small team of one dedicated individual, they offer affordable, innovative, and transformative products and services to libraries, schools, and various non-profit organizations. The primary aim is to empower these institutions to enhance their community services more effectively. By providing these resources, Libraries First plays a crucial role in fostering growth and development within their respective communities.
Official website here: www.librariesfirst.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 97% (Four-Star out of Four Stars)
Libraries First has achieved an impressive 97% rating from Charity Navigator, reflecting its strong performance in accountability and finance. This rating is indicative of a well-managed organization that prioritizes transparency and responsible financial practices. The charity’s entire score is derived from its accountability and finance metrics, showcasing its commitment to maintaining high standards in these areas.
The organization benefits from a fully independent board, with all ten members meeting this criterion, which strengthens its governance structure. Libraries First also demonstrates solid financial health, evidenced by a low liabilities-to-assets ratio of 6.42% and a program expense ratio of 69.95%. These figures suggest that a significant portion of its funds is directed towards fulfilling its mission, which is critical for donor confidence.
While the data highlights many strengths, it is essential to note that the overall score is based solely on accountability and finance metrics, leaving out other potential areas of evaluation such as impact or program effectiveness. However, the comprehensive policies in place—ranging from conflict of interest to document retention—underscore the charity's dedication to ethical practices and sound governance.
This AI summary has been generated from information found on Charity Navigator.
Is Libraries First legitimate?
Libraries First is a legitimate nonprofit organization registered as a 501(c)(3) entity. Libraries First 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: $68,890
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.librariesfirst.org
What is the mission statement of Libraries First?
Libraries First aims to support libraries, schools, and non-profit organizations by providing them with innovative, transformative products and services at affordable prices. This allows these institutions to enhance their capabilities and better serve their communities. By offering affordable solutions, Libraries First empowers these organizations to make a significant impact in their local communities. Through its offerings, Libraries First contributes to the betterment of the communities served by these institutions, ultimately enriching the lives of their constituents.
Official website here: www.librariesfirst.org
Who is the CEO of Libraries First?
Edgar Mosshamer is the Executive Director of Libraries First.
Official website here: www.librariesfirst.org
What is the revenue of Libraries First?
Libraries First's revenue in 2023 was $154,362.
Official website here: www.librariesfirst.org
Who are the executives of Libraries First and what are their salaries?
The average compensation at Libraries First during 2023 was $68,890. There is 1 employee and 5 volunteers at Libraries First.
Here are 3 key members and their salaries:
- Compensation: $68,890
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.librariesfirst.org
Where can I find the form 990 for Libraries First?
Libraries First's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.librariesfirst.org
Learn more at the official website: www.librariesfirst.org
Mission Statement of Libraries First
Libraries First, a non-profit organization, is dedicated to empowering libraries, schools, and other community organizations by providing them with innovative, transformative products and services at economical prices. This enables these institutions to enhance their offerings and better serve their communities. By offering affordable solutions, Libraries First enables these organizations to improve their resources and deliver improved experiences to their patrons.
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Impact
October, 2024
Libraries First has a significant impact on communities by enabling libraries, schools, and non-profits to access creative and transformative products and services at affordable prices. This support enhances their capabilities, allowing them to better serve the educational and informational needs of the public. By providing these resources, Libraries First fosters innovation, encourages learning, and promotes community engagement, ultimately contributing to a more informed and connected society. The commitment to affordability ensures that even the most resource-constrained organizations can deliver vital programs and services, amplifying their reach and effectiveness in meeting the needs of their communities.
This information is meant to be a general summary of Libraries First. 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 2023.
- Investment Income: $28
- Program Service Revenue: $153,954
- Gross Receipts: $154,362
Assets and Liabilities:
- Total Assets: $118,673
- Total Liabilities: $7,630
- Net Assets: $111,043
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
LIBRARY PROGRAMS
Revenue
$153,954
Organization Details
Founding Year
1983
Principal Officer
Edgar Mosshamer
Main Address
27 CONSTANCE BLVD, WILLIAMS BAY, WI, 53191
Website
www.librariesfirst.orgNTEE Category
Code: B70 - Education
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