Overview
What is Goodnow Library Foundation Inc C/O Katherine Ryan Milkosky?
Goodnow Library Foundation Inc C/O Katherine Ryan Milkosky is a charitable organization based in Sudbury, Massachusetts, specifically at 21 Concord Road. Its primary objective is to support and benefit the Goodnow Library, the municipal library of the town of Sudbury. The foundation operates exclusively for this purpose and aims to provide sustainable funding to enhance and improve the library's facilities, with a focus on promoting its use within the community. With a small team of two employees, the foundation conducts various supporting activities to contribute to the betterment of the Goodnow Library.
Official website here: www.goodnowlibraryfoundation.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 36% (Zero-Star out of Four Star rating)
The Goodnow Library Foundation Inc has received a low rating of 36% from Charity Navigator, primarily due to significant deficiencies in accountability and financial transparency. The overall score reflects a blend of strengths and weaknesses, with the organization scoring full points for having a majority independent board and no material diversion of assets. However, the absence of essential policies, such as a conflict of interest policy and a whistleblower policy, has significantly impacted their score.
While the organization demonstrates a commitment to governance through an independent board size and proper documentation of board meeting minutes, it lacks critical operational policies that are vital for accountability. Additionally, the financial ratios indicate that only 38.21% of its expenses are directed towards programs, which raises concerns about its overall financial efficiency and sustainability.
Overall, the Goodnow Library Foundation Inc's Zero-Star rating signals a need for improvement in various areas, including the establishment of important policies and a better allocation of resources towards its programming. Potential donors and supporters should consider these factors when evaluating their contributions to the organization.
This AI summary has been generated from information found on Charity Navigator.
Is Goodnow Library Foundation Inc C/O Katherine Ryan Milkosky legitimate?
Goodnow Library Foundation Inc C/O Katherine Ryan Milkosky is a legitimate nonprofit organization registered as a 501(c)(3) entity. Goodnow Library Foundation Inc C/O Katherine Ryan Milkosky 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
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Other Salaries and Wages: $48,774
For more financial information, click here
Official website here: www.goodnowlibraryfoundation.org
What is the mission statement of Goodnow Library Foundation Inc C/O Katherine Ryan Milkosky?
The Goodnow Library Foundation Inc, operating under the leadership, has a mission to provide financial support on a sustainable and endowed basis, aimed at enhancing and improving the Goodnow Library. This organization is dedicated to promoting the library's use within the community, ensuring its continuity and growth. By conducting supporting activities, the foundation contributes to charitable purposes, ultimately benefiting the Goodnow Library and the community it serves.
Official website here: www.goodnowlibraryfoundation.org
Who is the CEO of Goodnow Library Foundation Inc C/O Katherine Ryan Milkosky?
Katherine Ryan Milkosky is the Director of Goodnow Library Foundation Inc C/O Katherine Ryan Milkosky.
Official website here: www.goodnowlibraryfoundation.org
What is the revenue of Goodnow Library Foundation Inc C/O Katherine Ryan Milkosky?
Goodnow Library Foundation Inc C/O Katherine Ryan Milkosky's revenue in 2022 was $98,209.
Official website here: www.goodnowlibraryfoundation.org
Who are the executives of Goodnow Library Foundation Inc C/O Katherine Ryan Milkosky and what are their salaries?
The average compensation at Goodnow Library Foundation Inc C/O Katherine Ryan Milkosky during 2022 was $24,387. There are 2 employees at Goodnow Library Foundation Inc C/O Katherine Ryan Milkosky.
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Official website here: www.goodnowlibraryfoundation.org
Where can I find the form 990 for Goodnow Library Foundation Inc C/O Katherine Ryan Milkosky?
Goodnow Library Foundation Inc C/O Katherine Ryan Milkosky's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.goodnowlibraryfoundation.org
Learn more at the official website: www.goodnowlibraryfoundation.org
Mission Statement of Goodnow Library Foundation Inc C/O Katherine Ryan Milkosky
The Goodnow Library Foundation Inc C/O Katherine Ryan Milkosky is dedicated to supporting the betterment and enhancement of the Goodnow Library. As a charitable organization, its primary mission is to provide funding on a sustainable and endowed basis for this purpose. The foundation aims to promote the use of the library by the community, ensuring that it remains a valuable resource for all. By conducting supporting activities, the Goodnow Library Foundation Inc C/O Katherine Ryan Milkosky contributes to the library's continuous improvement, ensuring its longevity and relevance in the community.
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Impact
October, 2024
Goodnow Library Foundation Inc, led by Katherine Ryan Milkosky, plays a vital role in enhancing the resources and services of the Goodnow Library in Sudbury, MA. By providing sustainable funding, the foundation supports improvements that enrich the library experience for all community members.
Through its initiatives, the foundation not only promotes the library's use but also fosters a culture of learning and discovery within the community. The foundation's efforts ensure the library remains a vital hub for education and engagement, facilitating access to a diverse range of materials and programs that cater to various interests and age groups.
By advocating for the library's needs and securing necessary funding, the Goodnow Library Foundation significantly impacts the community's educational landscape, enabling continued growth and adaptability in a rapidly changing world.
This information is meant to be a general summary of Goodnow Library Foundation Inc C/O Katherine Ryan Milkosky. 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: $8,736
- Gross Receipts: $133,398
Assets and Liabilities:
- Total Assets: $594,362
- Total Liabilities: $796
- Net Assets: $593,566
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Organization Details
Founding Year
2008
Phone
(617) 338-2422Principal Officer
Katherine Ryan Milkosky
Main Address
21 CONCORD ROAD, SUDBURY, MA, 01776
NTEE Category
Code: B11 - Education
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