Overview
What is The Foundation For Bayport Public Library?
The Foundation for Bayport Public Library is a nonprofit organization situated in Bayport, Minnesota, specifically at 582 N 4th St. Its primary mission is to provide supplemental aid for library programs and services, ensuring the success of summer and special events. This support extends to the provision of books, audio books, magazines, and newspapers, enriching the library's offerings. Additionally, hospitality-related goods and materials, along with various enhancements, contribute to the overall improvement of the Bayport Public Library.
Official website here: www.bayportlibrary.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 90%, Four-Star out of Four Star rating.
The Foundation For Bayport Public Library has achieved a strong rating due to its excellent accountability and finance practices, reflected in a perfect score for its independent board members and policies. With a significant program expense ratio of 97.70%, the organization demonstrates a commitment to directing resources towards its mission rather than administrative costs.
Strengths of the foundation include complete independence among board members and transparent practices, such as documenting board meeting minutes and having effective conflict of interest and whistleblower policies in place. Additionally, the absence of any material diversion of assets and a favorable liabilities to assets ratio of 0.00% further indicates sound financial management.
While the organization's focus on accountability is commendable, the data does not provide insights into program effectiveness or community impact. Overall, the Foundation For Bayport Public Library appears to be a well-managed nonprofit dedicated to supporting its mission with a high level of fiscal responsibility.
This AI summary has been generated from information found on Charity Navigator.
Is The Foundation For Bayport Public Library legitimate?
The Foundation For Bayport Public Library is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Foundation For Bayport Public Library 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.
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Official website here: www.bayportlibrary.org
What is the mission statement of The Foundation For Bayport Public Library?
The Foundation for Bayport Public Library's mission is to provide supplemental assistance for the library's programs and services. This encompasses supporting various library activities such as summer and special programs. The foundation also contributes to the provision of books, audio books, magazines, and newspapers. Moreover, they contribute to hospitality-related goods and materials, and other enhancements aimed at improving the Bayport Public Library as a whole.
Official website here: www.bayportlibrary.org
Who is the CEO of The Foundation For Bayport Public Library?
Sarah Andersen is the President of The Foundation For Bayport Public Library.
Official website here: www.bayportlibrary.org
What is the revenue of The Foundation For Bayport Public Library?
The Foundation For Bayport Public Library's revenue in 2022 was $1,301,624.
Official website here: www.bayportlibrary.org
Who are the executives of The Foundation For Bayport Public Library and what are their salaries?
Here are 8 key members and their salaries:
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Official website here: www.bayportlibrary.org
Where can I find the form 990 for The Foundation For Bayport Public Library?
The Foundation For Bayport Public Library's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.bayportlibrary.org
Learn more at the official website: www.bayportlibrary.org
Mission Statement of The Foundation For Bayport Public Library
The Foundation for Bayport Public Library is dedicated to providing supplemental assistance for the library's programs and services. This nonprofit organization aims to enhance the library's offerings, particularly during summer and special events. They contribute by providing a variety of resources such as books, audiobooks, magazines, and newspapers. Additionally, they contribute hospitality-related goods and materials to further improve the Bayport Public Library. In essence, The Foundation for Bayport Public Library works to boost and supplement the library's existing offerings, aiming to create an even more enriching experience for its patrons.
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Impact
July, 2024
The Foundation For Bayport Public Library provides critical supplemental assistance for library programs and services in Bayport, MN. This includes support for summer and special programs, provision of books, audio books, magazines, newspapers, hospitality-related goods, materials, and other enhancements to the Bayport Public Library. Through its efforts, The Foundation For Bayport Public Library positively impacts the education of community members and contributes to the overall enrichment of library resources and offerings.
This information is meant to be a general summary of The Foundation For Bayport Public Library. 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: $84,672
- Gross Receipts: $1,437,340
Assets and Liabilities:
- Total Assets: $2,504,161
- Total Liabilities: $0
- Net Assets: $2,504,161
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Organization Details
Founding Year
1990
Phone
(651) 351-3760Principal Officer
Sarah Andersen
Main Address
582 N 4TH ST, BAYPORT, MN, 55003
Website
www.bayportlibrary.orgNTEE Category
Code: B70Z - Education
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