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Hopkinton Public Library Foundation Inc

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 453603522 ✦ Woodville, MA ✦ Designated as a 501(c)(3)

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Overview

What is Hopkinton Public Library Foundation Inc?

Hopkinton Public Library Foundation Inc is a nonprofit organization dedicated to enhancing the Hopkinton Public Library. Its mission involves raising funds for resources, technology, educational projects, and long-term improvements, bridging the gap between the community's expectations and municipal budgets. This foundation works in collaboration with the Library and its supporting organizations, such as the Trustees and Friends of the Library, to promote and amplify the Library's role as a cherished community asset.


Official website here: www.hplfinc.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: Two-Star out of Four Stars

The Hopkinton Public Library Foundation Inc has received a two-star rating from Charity Navigator, indicating that the organization "Needs Improvement." With an overall score of 70%, it demonstrates strengths in governance, including a fully independent board and no reported material diversion of assets, which reflects strong financial accountability.

However, the foundation faces significant challenges in its policies. The absence of a whistleblower policy and a document retention policy has resulted in low scores in these areas, which could raise concerns regarding transparency and ethical governance. Furthermore, while the program expense ratio is relatively low at 59.41%, it highlights a potential area for improvement in allocating resources more effectively towards its mission.

Overall, while the organization excels in certain accountability aspects, the noted policy gaps and lower program expense ratio suggest that there is room for development to enhance its operational practices and achieve better outcomes for its community.


This AI summary has been generated from information found on Charity Navigator.

What do the Facebook reviews say about Hopkinton Public Library Foundation Inc?

Currently, there are not enough reviews to provide a comprehensive overview of the Hopkinton Public Library Foundation Inc. However, one review expresses gratitude towards those involved in making an event possible, suggesting a positive sentiment around community engagement and support for the foundation’s activities.

Overall, the feedback hints at appreciation for the organization’s efforts in fostering community connections. As more reviews come in, a clearer picture of public sentiment may emerge, but for now, the foundation seems to be on the right track with its events.


This AI summary has been generated from reviews found on Facebook.

Is Hopkinton Public Library Foundation Inc legitimate?

Hopkinton Public Library Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Hopkinton 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

For more financial information, click here


Official website here: www.hplfinc.org

What is the mission statement of Hopkinton Public Library Foundation Inc?

The Hopkinton Public Library Foundation Inc. is dedicated to supporting the library by providing funds for resources, technology, educational projects, and long-term improvements. Their mission involves bridging the gap between the community's expectations for the library and the typical funding available from municipal budgets. In collaboration with the library and its supporting organizations, HPLF promotes and encourages ongoing and increased support for the library, recognizing its significance as a valuable community resource.


Official website here: www.hplfinc.org

Who is the CEO of Hopkinton Public Library Foundation Inc?

Laura Hancock Barry is the President of Hopkinton Public Library Foundation Inc.


Official website here: www.hplfinc.org

What is the revenue of Hopkinton Public Library Foundation Inc?

Hopkinton Public Library Foundation Inc's revenue in 2022 was $35,777.


Official website here: www.hplfinc.org

Who are the executives of Hopkinton Public Library Foundation Inc and what are their salaries?

There 30 volunteers at Hopkinton Public Library Foundation Inc.


Here are 8 key members and their salaries:


Craig Prescott Richardson (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Pam Palleiko (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Laura Hancock Barry (Clerk And Chairperson)
  • Compensation: $0
  • Related: $0
  • Other: $0
Katherine Davenport (Assistant Clerk)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kathryn Principe (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Amy Montalto (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lindsay Mcdermott (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Amanda Losada (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.hplfinc.org

Where can I find the form 990 for Hopkinton Public Library Foundation Inc?

Hopkinton Public Library Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.hplfinc.org

Learn more at the official website: www.hplfinc.org

Mission Statement of Hopkinton Public Library Foundation Inc

The Hopkinton Public Library Foundation Inc, in its mission, aims to bolster the capabilities of the Library by providing financial support for various resources, technology, educational initiatives, and long-term improvements. The organization's primary objective is to bridge the gap between the community's expectations for its Library and the conventional funding sources, typically municipal budgets. Working in collaboration with the Library, as well as the Library's supporting organizations, the Hopkinton Public Library Foundation Inc encourages and fosters increased and sustained support for the Library as an indispensable community asset.

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Impact




August, 2024

Hopkinton Public Library Foundation Inc's impact is significant in supporting the Hopkinton Public Library by funding resources, technology, educational and special projects, and long-term improvements to the Library. The Foundation's fundraising efforts aim to bridge the gap between the community's aspirations for its Library and the typical funding available from municipal budgets. By working in close partnership with the Library, as well as the supporting organizations of the Trustees and Friends of the Library, Hopkinton Public Library Foundation encourages continued and increased support of the Library as a valuable community resource.




This information is meant to be a general summary of Hopkinton 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.

Revenue
$35,777 (2022)
Expenses
$9,189 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $584
  • Gross Receipts: $35,777

Assets and Liabilities:

  • Total Assets: $152,270
  • Total Liabilities: $0
  • Net Assets: $152,270

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Organization Details

Founding Year

2011

Principal Officer

Laura Hancock Barry

Main Address

PO Box 16, Woodville, MA, 01784

NTEE Category

Code: B70 - Education

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