Overview
What is Marshfield Public Library Foundation Inc?
The Marshfield Public Library Foundation Inc, located at 105 S Maple Ave, Marshfield, Wisconsin, is a dedicated nonprofit organization. Its primary mission is to amplify the collections of the Marshfield Public Library, specifically by incorporating audio, visual, and book materials that enrich areas such as genealogy, juvenile literature, and reference materials. The foundation's purpose is to accept and manage donations and property exclusively to enhance and improve the library's collections and services. By doing so, they contribute to the enrichment of the Marshfield community and its residents' learning experiences.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 73%, Two-Star out of Four Star rating
The Marshfield Public Library Foundation Inc has received a 73% rating from Charity Navigator, indicating a two-star classification. This score reflects a solid performance in areas such as accountability and finance, where the organization excelled in maintaining an independent board and having no material diversion of assets.
Strengths of the foundation include a fully independent board, effective management of assets, and a high program expense ratio, ensuring that a significant portion of funds is directed towards its programs. Additionally, the foundation documents its board meeting minutes and has a favorable liabilities to assets ratio, contributing to its overall financial stability.
However, the foundation faces notable limitations, particularly in its transparency and governance practices. It lacks key policies such as a conflict of interest policy, a whistleblower policy, and a document retention and destruction policy, which could impact stakeholder trust. Furthermore, the absence of a posted tax form on the nonprofit's website detracts from its accountability profile.
This AI summary has been generated from information found on Charity Navigator.
Is Marshfield Public Library Foundation Inc legitimate?
Marshfield Public Library Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Marshfield 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
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What is the mission statement of Marshfield Public Library Foundation Inc?
The Marshfield Public Library Foundation's primary mission is to collect and accept donations and property, solely for the purpose of improving and enhancing the collections and services of the Marshfield Public Library. By doing so, the foundation aims to expand the library's resources, focusing on areas such as genealogy, juvenile materials, and reference materials in the form of audio, visual, and book materials. The foundation's work contributes to the overall betterment of the Marshfield Public Library, providing its patrons with a more enriched and comprehensive library experience.
Who is the CEO of Marshfield Public Library Foundation Inc?
Jill Porter is the President of Marshfield Public Library Foundation Inc.
What is the revenue of Marshfield Public Library Foundation Inc?
Marshfield Public Library Foundation Inc's revenue in 2022 was $59,160.
Who are the executives of Marshfield Public Library Foundation Inc and what are their salaries?
There 9 volunteers at Marshfield Public Library Foundation Inc.
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Where can I find the form 990 for Marshfield Public Library Foundation Inc?
Marshfield Public Library Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Marshfield Public Library Foundation Inc
The Marshfield Public Library Foundation's mission is centered around accepting and receiving donations and property, with the sole purpose of improving and enhancing the collections and services offered by the Marshfield Public Library. This nonprofit organization strives to expand the library's resources, enriching its offerings in areas such as genealogy, juvenile literature, and reference materials, among others. By doing so, the Marshfield Public Library Foundation contributes to the overall growth and development of the library, thereby enriching the knowledge and learning experiences of its patrons.
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Impact
August, 2024
The Marshfield Public Library Foundation has significantly enhanced the collections and services of the Marshfield Public Library through the acquisition of audio, visual, and book materials. This has notably enriched genealogy, juvenile, and other reference resources available to the community in Marshfield, Wisconsin. By increasing the library's offerings, the foundation has had a direct impact on educational opportunities and access to information for local residents.
This information is meant to be a general summary of Marshfield 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $22,720
- Gross Receipts: $105,142
Assets and Liabilities:
- Total Assets: $781,706
- Total Liabilities: $0
- Net Assets: $781,706
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Organization Details
Founding Year
1987
Phone
(715) 387-8494Principal Officer
Jill Porter
Main Address
105 S MAPLE AVE, MARSHFIELD, WI, 54449
NTEE Category
Code: B70 - Education
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