Overview
What is Ashland Library Endowment Association?
The Ashland Library Endowment Association is a dedicated nonprofit organization that supports the operations and activities of the Ashland Library. Their primary role involves managing funds, as evident from the reported payments to the library, further underscoring their commitment to the institution. Their mission, in essence, revolves around advocating for and contributing to the Ashland Library's well-being.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 73%, earning it a Two-Star out of Four Star rating. This rating indicates that the Ashland Library Endowment Association has areas of strength, particularly in governance and financial health. The organization boasts strong accountability metrics, with a majority independent board and a solid program expense ratio at 98.46%, reflecting effective allocation of resources towards its mission.
However, the organization's rating also highlights significant areas for improvement, particularly in transparency and policy documentation. Key policies, such as Conflict of Interest, Whistleblower, and Document Retention policies, are missing from the records, which contributes to a lack of transparency. Additionally, the absence of the organization's website listed on tax forms and the failure to post the tax form on its website further detracts from its overall accountability.
Overall, while the Ashland Library Endowment Association demonstrates financial stability and effective governance, it is essential for the organization to enhance its transparency and policy framework to improve its rating and foster greater trust among stakeholders.
This AI summary has been generated from information found on Charity Navigator.
Is Ashland Library Endowment Association legitimate?
Ashland Library Endowment Association is a legitimate nonprofit organization registered as a 501(c)(3) entity. Ashland Library Endowment Association 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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Professional Fundraising Fees: $0
Other Salaries and Wages: $0
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What is the mission statement of Ashland Library Endowment Association?
The Ashland Library Endowment Association's mission is centered around supporting the Ashland Library. More specifically, the association works towards funding the activities and operations of the library. Accordingly, any funds reported are directed towards the Ashland Library. In essence, the association plays a crucial role in sustaining and enhancing the services provided by the library.
Who is the CEO of Ashland Library Endowment Association?
Kelly Mccarty is the Board Rep of Ashland Library Endowment Association.
What is the revenue of Ashland Library Endowment Association?
Ashland Library Endowment Association's revenue in 2022 was $41,136.
Who are the executives of Ashland Library Endowment Association and what are their salaries?
There 9 volunteers at Ashland Library Endowment Association.
Here are 10 key members and their salaries:
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Where can I find the form 990 for Ashland Library Endowment Association?
Ashland Library Endowment Association's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Ashland Library Endowment Association
The Ashland Library Endowment Association, as its name suggests, is dedicated to supporting the Ashland Library. This nonprofit organization's mission is to contribute to the activities and operations of the library, ensuring its continued functionality and success. All funds reported by the association are directed towards the Ashland Library, underscoring its commitment to this vital community resource.
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Impact
October, 2024
The Ashland Library Endowment Association plays a vital role in enhancing the resources and services of the Ashland Library. By providing essential financial support, it ensures that the library can continue to operate effectively and offer a wide range of educational programs and resources to the community. The association's contributions directly impact the library's activities, enabling a richer experience for patrons and fostering a culture of learning and literacy in Ashland. Through its commitment, the association promotes access to knowledge and supports the development of essential skills in the community, thus contributing significantly to the educational advancement of residents.
This information is meant to be a general summary of Ashland Library Endowment Association. 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: $41,136
- Gross Receipts: $53,046
Assets and Liabilities:
- Total Assets: $653,172
- Total Liabilities: $0
- Net Assets: $653,172
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Organization Details
Founding Year
1996
Phone
(620) 635-0388Principal Officer
Kelly Mccarty
Main Address
PO BOX 608, ASHLAND, KS, 67831
NTEE Category
Code: B70 - Education
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