Overview
What is Oak Creek Public Library Foundation?
The Oak Creek Public Library Foundation is a nonprofit organization located in Oak Creek, Wisconsin, specifically at 8040 S 6th Street. Their primary mission is to support the financial needs of the local library, ensuring its continued operation and growth. Although the information provided does not detail the specific activities or programs carried out by the foundation, it is clear that they contribute financially to the library's wellbeing.
Official website here: www.supporyoclibrary.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 97%, Four-Star out of Four Star rating.
The Oak Creek Public Library Foundation has achieved a remarkable score of 97%, indicating strong performance in accountability and finance. This rating is based on a single beacon score, reflecting the organization's commitment to transparency and sound financial practices. The foundation excels in having a fully independent board, no material diversion of assets, and a strong program expense ratio of 99.92%, ensuring that almost all funds are directed towards its mission.
Key strengths of the foundation include thorough adherence to governance policies, such as having a conflict of interest policy and a whistleblower policy in place. The organization also maintains a clear record-keeping system, as evidenced by the availability of board meeting minutes. With a solid liabilities-to-assets ratio of 0.00%, the foundation demonstrates excellent financial health, ensuring it can effectively support its initiatives without incurring debts.
While the data showcases numerous strengths, the summary does not indicate any limitations or challenges faced by the Oak Creek Public Library Foundation. Overall, the high rating underscores the foundation's dedication to fiscal responsibility and accountability, making it a trustworthy nonprofit within the community.
This AI summary has been generated from information found on Charity Navigator.
Is Oak Creek Public Library Foundation legitimate?
Oak Creek Public Library Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Oak Creek 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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For more financial information, click here
Official website here: www.supporyoclibrary.org
What is the mission statement of Oak Creek Public Library Foundation?
The Oak Creek Public Library Foundation's mission was to address the financial needs of a public library. Their primary goal was to provide financial support for the library's operations and initiatives. Unfortunately, due to the impact of the COVID-19 pandemic and insufficient support, the board of directors made the decision to dissolve the foundation.
Official website here: www.supporyoclibrary.org
Who is the CEO of Oak Creek Public Library Foundation?
Sara Burmeister is the President of Oak Creek Public Library Foundation.
Official website here: www.supporyoclibrary.org
What is the revenue of Oak Creek Public Library Foundation?
Oak Creek Public Library Foundation's revenue in 2021 was $463.
Official website here: www.supporyoclibrary.org
Who are the executives of Oak Creek Public Library Foundation and what are their salaries?
Here are 5 key members and their salaries:
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Official website here: www.supporyoclibrary.org
Where can I find the form 990 for Oak Creek Public Library Foundation?
Oak Creek Public Library Foundation's most recent form 990 was submitted in 2021 and can be accessed here.
Official website here: www.supporyoclibrary.org
Learn more at the official website: www.supporyoclibrary.org
Mission Statement of Oak Creek Public Library Foundation
The Oak Creek Public Library Foundation's mission centers around providing financial support for the library. This nonprofit organization aims to alleviate any financial burdens the library may face, ensuring it can continue to serve its community effectively. Despite facing challenges brought on by the COVID-19 pandemic and a lack of sufficient backing, the Board of Directors made the decision to dissolve the foundation, marking a temporary pause in its operations.
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Impact
October, 2024
The Oak Creek Public Library Foundation plays a crucial role in addressing the financial needs of the library, ensuring that it can continue to offer valuable educational resources and programs to the community. The foundation's support helps to enhance library services, improve access to literature and technology, and foster lifelong learning, particularly in response to challenges such as those posed by the COVID-19 pandemic. Despite facing significant challenges that led to the decision to dissolve, its impact on the library’s ability to serve the community remains significant.
This information is meant to be a general summary of Oak Creek 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 2021.
- Investment Income: $30
- Gross Receipts: $463
Assets and Liabilities:
- Total Assets: $0
- Total Liabilities: $0
- Net Assets: $0
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Organization Details
Founding Year
2012
Principal Officer
Sara Burmeister
Main Address
8040 S 6TH STREET, Oak Creek, WI, 53154
Website
www.supporyoclibrary.orgNTEE Category
Code: B70 - Education
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