Overview
What is Cambridge Public Library Foundation Inc?
Cambridge Public Library Foundation Inc is a nonprofit organization dedicated to bolstering the Cambridge Public Library in Massachusetts. Their primary objective is to contribute financially and in other ways to the library's purpose, mission, operations, infrastructure, and various facets. They aim to fund the library's programs and services, ultimately ensuring the library's continued success and impact within the community.
Official website here: www.cplfound.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 81%, Three-Star out of Four Star rating
The Cambridge Public Library Foundation Inc has received a solid Three-Star rating from Charity Navigator, reflecting an overall score of 81%. This rating signifies that the organization demonstrates a commendable level of accountability and financial health, particularly with a strong Leadership & Adaptability score of 100%. The foundation has 100% independent board members and transparency in its financial practices, indicated by high scores across various metrics such as financial audits and documented policies.
Strengths of the organization include its effective governance, evidenced by a fully independent board and well-documented policies that ensure transparency and accountability. Additionally, the foundation shows commitment to leadership development and has provided evidence of adapting to challenges posed by external factors like the pandemic. The Program Expense Ratio of 53.18% suggests a healthy allocation of funds towards fulfilling its mission.
However, while the overall performance is strong, the Accountability & Finance Score of 79 indicates there may be areas for improvement in financial practices. The Liabilities to Assets Ratio of 0.62% is relatively low, which is a positive sign for financial stability, but monitoring and continuous improvement in financial management will be essential in maintaining donor trust and organizational effectiveness.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about Cambridge Public Library Foundation Inc?
Currently, there are three reviews available for the Cambridge Public Library Foundation Inc on Facebook, but the organization has not yet received an official rating. One enthusiastic commenter expressed their affection for the library, highlighting it as a "great organization."
Though the sample size is small, the sentiment is clearly positive. The strong recommendation implies that users value the library's contributions to the community. Overall, it seems that the foundation is on the right track in fulfilling its mission and engaging with patrons.
This AI summary has been generated from reviews found on Facebook.
Is Cambridge Public Library Foundation Inc legitimate?
Cambridge Public Library Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Cambridge 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: $126,621
For more financial information, click here
Official website here: www.cplfound.org
What is the mission statement of Cambridge Public Library Foundation Inc?
The mission of Cambridge Public Library Foundation Inc. is centered around supporting the purpose, operations, infrastructure, and various aspects of public libraries in Cambridge, Massachusetts. This includes raising funds to strengthen the programs and services offered by these libraries. Ultimately, the foundation's goal is to aid and contribute to the overall well-being and effectiveness of these libraries.
Official website here: www.cplfound.org
Who is the CEO of Cambridge Public Library Foundation Inc?
Kate Flaim is the Director of Cambridge Public Library Foundation Inc.
Official website here: www.cplfound.org
What is the revenue of Cambridge Public Library Foundation Inc?
Cambridge Public Library Foundation Inc's revenue in 2023 was $714,371.
Official website here: www.cplfound.org
Who are the executives of Cambridge Public Library Foundation Inc and what are their salaries?
The average compensation at Cambridge Public Library Foundation Inc during 2023 was $63,310. There are 2 employees and 20 volunteers at Cambridge Public Library Foundation Inc.
Here are 16 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.cplfound.org
Where can I find the form 990 for Cambridge Public Library Foundation Inc?
Cambridge Public Library Foundation Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.cplfound.org
Learn more at the official website: www.cplfound.org
Mission Statement of Cambridge Public Library Foundation Inc
The Cambridge Public Library Foundation Inc is dedicated to supporting the Cambridge Public Library. Their mission encompasses backing the library's purpose, mission, operations, infrastructure, and various other aspects. This nonprofit organization aims to raise funds to bolster the programs and services offered by the Cambridge Public Library. In essence, their primary goal is to ensure the Cambridge Public Library thrives and continues to serve its community effectively.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
July, 2024
The Cambridge Public Library Foundation Inc has a significant impact on the community by supporting the purpose, mission, operations, infrastructure, and other aspects of the public libraries in the city of Cambridge, Massachusetts. Through fundraising efforts, the foundation helps to provide essential programs and services at the Cambridge Public Library, enhancing educational opportunities and promoting literacy. By supporting the library, the foundation plays a vital role in enriching the lives of residents and visitors alike, contributing to a thriving, informed, and engaged community.
This information is meant to be a general summary of Cambridge 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2023.
- Investment Income: $39,435
- Gross Receipts: $714,371
Assets and Liabilities:
- Total Assets: $2,371,424
- Total Liabilities: $14,805
- Net Assets: $2,356,619
Want to help this charity, for free? You can click here to learn more about Give Freely
Organization Details
Founding Year
2015
Phone
(617) 798-0959Principal Officer
Kate Flaim
Main Address
449 BROADWAY, CAMBRIDGE, MA, 02138
Website
www.cplfound.orgNTEE Category
Code: B19 - Education
If you are a representative of Cambridge Public Library Foundation Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.