Overview
What is Keokuk Public Library Foundation?
The Keokuk Public Library Foundation is a nonprofit organization situated in Keokuk, Iowa, specifically at 210 North Fifth Street. Their primary mission is to enhance the Keokuk Public Library and benefit its patrons. They accomplish this by accumulating resources and engaging in various activities. These efforts extend beyond the library itself, as they also contribute to capital improvements and the construction and maintenance of a library park adjacent to the library. The foundation's work is instrumental in improving the library's facilities and services for the community.
Official website here: www.keokuk.lib.ia.us
What are the reviews and ratings of this charity?
Charity Navigator Rating: 36% (Zero-Star out of Four Star rating)
The Keokuk Public Library Foundation has received a low rating of 36%, indicating significant concerns regarding its accountability and financial practices. While the organization benefits from a fully independent board, which shows strong governance, it faces critical shortcomings in several areas such as missing conflict of interest and whistleblower policies.
The foundation's financial health is also a concern, highlighted by an inadequate program expense ratio of 40.68%, suggesting that a small portion of its expenditures directly support its programs. Furthermore, there are notable deficiencies in transparency, including a missing tax form on its website, which can hinder public trust.
Despite these weaknesses, the presence of a fully independent board and no recorded diversion of assets are positive aspects worth acknowledging. However, the overall rating reflects the need for substantial improvements in governance and financial management to enhance the foundation's effectiveness and accountability to the community.
This AI summary has been generated from information found on Charity Navigator.
Is Keokuk Public Library Foundation legitimate?
Keokuk Public Library Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Keokuk Public Library Foundation 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:
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Professional Fundraising Fees: $3,096
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.keokuk.lib.ia.us
What is the mission statement of Keokuk Public Library Foundation?
The Keokuk Public Library Foundation's mission is centered around accumulating resources and undertaking activities for the betterment of the local library and its patrons. Their primary goal is to enhance the library's facilities and services. Donated funds are utilized for capital improvements within the library and for the construction and maintenance of a library park adjacent to the library, thereby improving the overall library experience for its users.
Official website here: www.keokuk.lib.ia.us
Who is the CEO of Keokuk Public Library Foundation?
John H Smith is the President of Keokuk Public Library Foundation.
Official website here: www.keokuk.lib.ia.us
What is the revenue of Keokuk Public Library Foundation?
Keokuk Public Library Foundation's revenue in 2022 was $172,671.
Official website here: www.keokuk.lib.ia.us
Who are the executives of Keokuk Public Library Foundation and what are their salaries?
Here are 9 key members and their salaries:
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Official website here: www.keokuk.lib.ia.us
Where can I find the form 990 for Keokuk Public Library Foundation?
Keokuk Public Library Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.keokuk.lib.ia.us
Learn more at the official website: www.keokuk.lib.ia.us
Mission Statement of Keokuk Public Library Foundation
The Keokuk Public Library Foundation's mission is centered around enhancing the Keokuk Public Library and its patrons' experiences. This nonprofit organization aims to accumulate resources and undertake various activities to improve the library's facilities and services. One of their significant contributions is the allocation of donated funds towards capital improvements for the library. Furthermore, they are committed to constructing and maintaining a library park adjacent to the library, contributing to a welcoming and enriching environment for the library's visitors. By undertaking these activities, the Keokuk Public Library Foundation aims to better the lives of its patrons and enrich their library experiences.
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Impact
October, 2024
The Keokuk Public Library Foundation has a significant impact on the Keokuk community by enhancing the resources and services offered at the Keokuk Public Library. By accumulating funds, the Foundation supports various activities that improve the library's offerings and facilities.
These donations primarily contribute to capital improvements, ensuring that the library remains a vital resource for education and community engagement. Additionally, the Foundation plays a key role in the construction and maintenance of a library park adjacent to the library, creating a welcoming outdoor space for patrons. This multifaceted approach not only boosts the library's infrastructure but also enriches the experience of its users, making learning and access to information more enjoyable for all members of the community.
This information is meant to be a general summary of Keokuk Public 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $11,417
- Gross Receipts: $172,671
Assets and Liabilities:
- Total Assets: $1,371,565
- Total Liabilities: $0
- Net Assets: $1,371,565
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Organization Details
Founding Year
1987
Principal Officer
John H Smith
Main Address
210 NORTH FIFTH STREET, KEOKUK, IA, 52632
Website
www.keokuk.lib.ia.usNTEE Category
Code: B70 - Education
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