Overview
What is Prince George's County Memorial Library System Foundation Inc?
Prince George's County Memorial Library System Foundation Inc is a dedicated nonprofit organization based in Largo, Maryland. Their primary mission is to offer philanthropic support to the Prince George's County Memorial Library System, aiming to enhance its innovative capabilities and adaptability. The foundation has successfully completed design and preconstruction work for five new Commons labs at various library branches using a grant. These Commons labs focus on career services, small business/entrepreneurship, social justice education, creative production, and music and media production. The grant also supported programs, resources, and staff members, including a part-time staff member and peer mentor interns. Furthermore, the foundation organized five-weeklong social justice camps for teenagers, contributing to the overall development and enrichment of the library system.
Official website here: www.pgcmls.info
What are the reviews and ratings of this charity?
Charity Navigator Rating: 84%, Three-Star out of Four Star Rating
The Prince George's County Memorial Library System Foundation Inc has earned an overall score of 84%, reflecting a solid performance in its accountability and finance practices. The organization received full marks for its independent board members and financial statement audits, indicating strong governance and transparency in its operations. The program expense ratio stands at 86.91%, suggesting that a significant portion of its funds is directed towards its core programs.
However, the organization does face some limitations, notably the absence of a conflict of interest policy, a whistleblower policy, and a document retention and destruction policy. These missing elements could potentially affect organizational integrity and governance practices. Furthermore, while the foundation has some documents such as board meeting minutes available, its tax form is not posted on the nonprofit's website, which may hinder transparency for stakeholders.
Overall, while the foundation demonstrates commendable strengths in financial accountability and governance, addressing its policy gaps could enhance its operational transparency and effectiveness further.
This AI summary has been generated from information found on Charity Navigator.
Is Prince George's County Memorial Library System Foundation Inc legitimate?
Prince George's County Memorial Library System Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Prince George's County Memorial Library System 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.
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Official website here: www.pgcmls.info
What is the mission statement of Prince George's County Memorial Library System Foundation Inc?
The mission of Prince George's County Memorial Library System Foundation Inc is to provide critical philanthropic support, aiming to strengthen the library system's ability to innovate, adapt to changes, and maintain its role as a vital resource for everyone in the community, both now and in the future. This support helps the library system enhance its capacity to meet the evolving needs of its users.
Through philanthropic means, the foundation has completed design and preconstruction work for five new commons labs at various library branches. These labs focus on career services, small business/entrepreneurship, social justice education, creative production, and music and media production. The foundation has also supported related program supplies, collections resources, and staff to pilot these commons programs at various branches and online. Furthermore, the foundation sponsored five weeklong social justice camps for teenagers, fostering learning opportunities in these areas.
Official website here: www.pgcmls.info
Who is the CEO of Prince George's County Memorial Library System Foundation Inc?
Michael Gannon is the President of Prince George's County Memorial Library System Foundation Inc.
Official website here: www.pgcmls.info
What is the revenue of Prince George's County Memorial Library System Foundation Inc?
Prince George's County Memorial Library System Foundation Inc's revenue in 2022 was $1,859,125.
Official website here: www.pgcmls.info
Who are the executives of Prince George's County Memorial Library System Foundation Inc and what are their salaries?
There 15 volunteers at Prince George's County Memorial Library System Foundation Inc.
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Official website here: www.pgcmls.info
Where can I find the form 990 for Prince George's County Memorial Library System Foundation Inc?
Prince George's County Memorial Library System Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.pgcmls.info
Learn more at the official website: www.pgcmls.info
Mission Statement of Prince George's County Memorial Library System Foundation Inc
The Prince George's County Memorial Library System Foundation Inc is dedicated to providing critical philanthropic support to the Prince George's County Memorial Library System. Their mission is to strengthen the library's capacity to innovate, adapt to change, and ensure that its libraries remain a vital resource for all in Prince George's County, both now and in the future.
In essence, this nonprofit organization aims to bolster the library system's ability to evolve and thrive, ensuring it continues to serve its community effectively. By providing financial support, the Foundation enables the library system to invest in initiatives that promote innovation and adaptability, ensuring its libraries remain relevant and valuable resources for the community. This mission is crucial in an ever-changing world, where libraries must adapt to meet the evolving needs of their users.
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Impact
July, 2024
Prince George's County Memorial Library System Foundation Inc's impact is significant in providing critical philanthropic support to the Prince George's County Memorial Library System. By strengthening the library's capacity to innovate and adapt to change, the foundation ensures that the libraries remain a vital resource for all in Prince George's County now and in the future. Through initiatives like the Pull Up Fund Commons grant, the foundation has supported the development of new commons labs at various branch libraries, provided resources for career services, small business/entrepreneurship, social justice education, creative production, and music and media production. Additionally, the foundation has facilitated social justice camps for teenagers, further enhancing the community's access to educational and innovative opportunities.
This information is meant to be a general summary of Prince George's County Memorial Library System 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Gross Receipts: $1,866,185
Assets and Liabilities:
- Total Assets: $3,011,405
- Total Liabilities: $20,728
- Net Assets: $2,990,677
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Organization Details
Founding Year
2014
Phone
(301) 699-3500Principal Officer
Michael Gannon
Main Address
9601 CAPITAL LANE, LARGO, MD, 20774
Website
www.pgcmls.infoNTEE Category
Code: B11 - Education
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