Overview
What is Kling Memorial Library Foundation?
The Kling Memorial Library Foundation is a nonprofit organization committed to strengthening the Kling Memorial Library. Led by Brandy Bingman, this foundation provides both financial and volunteer resources to ensure the library's success. Their mission lies in bolstering the library's operations, ensuring it remains a vital resource within the community. The foundation falls under the category of libraries and library science, demonstrating a dedication to the advancement and maintenance of educational resources.
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement (Two-Star out of Four Star Rating, 73%)
The Kling Memorial Library Foundation has received a two-star rating from Charity Navigator, indicating areas requiring significant improvement despite achieving an overall score of 73%. The organization demonstrates strong performance in certain areas, such as having 100% of its board members being independent and maintaining a favorable liabilities to assets ratio of 0.00%. Additionally, the foundation has an impressive program expense ratio of 93.70%, suggesting that a substantial portion of its funds is directed towards its mission-driven activities.
However, the foundation falls short in several critical governance and accountability areas. Notably, it is missing key policies, including a conflict of interest policy, a whistleblower policy, and a document retention and destruction policy, all of which have contributed to a score of zero in those categories. Furthermore, essential documents such as the organization's website and tax forms are not available online, which raises concerns about transparency and accessibility.
While the Kling Memorial Library Foundation shows dedication to its core mission through its financial allocations, enhancing its governance practices and ensuring that all required documents are readily available would significantly improve its overall rating and stakeholder trust.
This AI summary has been generated from information found on Charity Navigator.
Is Kling Memorial Library Foundation legitimate?
Kling Memorial Library Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Kling Memorial 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:
Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
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What is the mission statement of Kling Memorial Library Foundation?
The Kling Memorial Library Foundation's mission is to offer both financial and volunteer support to the Kling Memorial Library. This mission is aimed at strengthening and enhancing the library's operations and services. By providing financial resources, the foundation contributes to the library's ability to acquire necessary materials, maintain its infrastructure, and carry out various programs. Additionally, the foundation encourages volunteer involvement, which contributes to the library's operation and engagement with the community. Overall, the Kling Memorial Library Foundation aims to support and enrich the Kling Memorial Library, contributing to a thriving literary and educational environment.
Who is the CEO of Kling Memorial Library Foundation?
Brandy Bingman is the Exec Director of Kling Memorial Library Foundation.
What is the revenue of Kling Memorial Library Foundation?
Kling Memorial Library Foundation's revenue in 2022 was $377.
Who are the executives of Kling Memorial Library Foundation and what are their salaries?
There 7 volunteers at Kling Memorial Library Foundation.
Here are 8 key members and their salaries:
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Where can I find the form 990 for Kling Memorial Library Foundation?
Kling Memorial Library Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Kling Memorial Library Foundation
The Kling Memorial Library Foundation is committed to providing both financial and volunteer support to the Kling Memorial Library. This nonprofit organization, managed by Brandy Bingman, strives to strengthen the library's resources and capabilities, ensuring it continues to serve its community effectively. The mission of the Kling Memorial Library Foundation is to foster a thriving and well-resourced library, contributing to the educational and informational needs of its users. By offering financial assistance and volunteer support, the foundation seeks to enhance the library's offerings and ensure its long-term sustainability.
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Impact
October, 2024
The Kling Memorial Library Foundation significantly enhances the resources and services of the Kling Memorial Library by providing essential financial and volunteer support. This support ensures the library remains a vital community hub, offering access to a diverse array of materials and programs that enrich the lives of residents in Grundy Center, Iowa. Under the leadership of Brandy Bingman, the foundation actively works to bolster the library's capacity to serve the community, fostering a love for reading and learning among patrons. By focusing on philanthropy, the foundation plays a crucial role in sustaining the library's mission, enabling it to adapt and grow in an ever-changing environment.
This information is meant to be a general summary of Kling Memorial 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: $377
- Gross Receipts: $377
Assets and Liabilities:
- Total Assets: $114,516
- Total Liabilities: $0
- Net Assets: $114,516
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Organization Details
Founding Year
2000
Phone
(319) 825-3607Principal Officer
Brandy Bingman
Main Address
708 7TH STREET, GRUNDY CENTER, IA, 50638
NTEE Category
Code: T20 - Philanthropy
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