Overview
What is Hastings Library Foundation?
The Hastings Library Foundation is a nonprofit organization, specifically established to support the Hastings Public Library located in Hastings, Nebraska. Their primary mission is to enhance the services and resources offered by the library, thereby contributing positively to the community. While the provided information is limited, it suggests that the foundation's activities are centered around this goal. The description does not provide specific details about their initiatives, but it implies that they strive to strengthen the library's capacity and offerings for the benefit of the community.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 80% (Three-Star out of Four Star Rating)
The Hastings Library Foundation has earned an 80% score on Charity Navigator, reflecting a strong performance in accountability and finance. This rating is significant as it demonstrates the foundation's commitment to transparency and effective financial management, which are crucial for donor trust and support. The organization has a fully independent board, scoring full points in both independent board member presence and board size, indicating robust governance practices.
In terms of financial health, the foundation reported no liabilities, showcasing a solid financial footing with a 0.00% liabilities to assets ratio. Additionally, it allocates a substantial portion of its resources toward its programs, with 85.63% of expenses directed to program activities. This high program expense ratio suggests that the foundation is focused on delivering value through its initiatives, which is a positive sign for potential donors.
However, while the foundation has demonstrated commendable strengths in governance and financial management, there may still be areas for improvement in overall rating benchmarks. Continuous monitoring of performance metrics and engagement in broader community impact efforts could enhance the foundation's overall appraisal in the future.
This AI summary has been generated from information found on Charity Navigator.
Is Hastings Library Foundation legitimate?
Hastings Library Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Hastings 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.
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What is the mission statement of Hastings Library Foundation?
The Hastings Library Foundation's mission is centered around supporting the Hastings Public Library. Their primary goal is to contribute to the library's operations and growth, ensuring it continues to serve its community effectively. By offering their support, the foundation aims to enhance the library's resources, programs, and services, ultimately fostering a love for knowledge and learning within the community. However, the provided information does not detail any specific activities or initiatives the foundation undertakes to achieve this mission.
Who is the CEO of Hastings Library Foundation?
Shelly Tork is the President of Hastings Library Foundation.
What is the revenue of Hastings Library Foundation?
Hastings Library Foundation's revenue in 2022 was $67,418.
Who are the executives of Hastings Library Foundation and what are their salaries?
Here are 9 key members and their salaries:
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Where can I find the form 990 for Hastings Library Foundation?
Hastings Library Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Hastings Library Foundation
The Hastings Library Foundation's mission is centered around supporting the Hastings Public Library in Nebraska. This nonprofit organization strives to contribute to the library's operations and growth, ensuring it continues to serve the community effectively. By doing so, the Hastings Library Foundation aims to foster a love for knowledge and learning within the community, encouraging individuals of all ages to engage with the library's resources and programs.
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Impact
August, 2024
The Hastings Library Foundation plays a crucial role in supporting the Hastings Public Library in Hastings, Nebraska. It helps provide resources, programs, and services that enrich the educational experiences of the community. By funding various library initiatives, the foundation enhances access to information and promotes lifelong learning among residents. Through its efforts, the foundation contributes to the educational advancement and intellectual growth of individuals in the Hastings area.
This information is meant to be a general summary of Hastings 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: $10,625
- Gross Receipts: $289,131
Assets and Liabilities:
- Total Assets: $337,011
- Total Liabilities: $0
- Net Assets: $337,011
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Organization Details
Founding Year
1978
Phone
(402) 461-2346Principal Officer
Shelly Tork
Main Address
PO BOX 849, HASTINGS, NE, 689020849
NTEE Category
Code: B71I - Education
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