Overview
What is Ws Carpenter For Laurel Library 003839-000?
Ws Carpenter For Laurel Library 003839-000 is a nonprofit entity, specifically a trust, with a primary mission to support the Laurel District Library located in Laurel, Delaware. The organization's purpose is to contribute to the library's operation and maintenance, ensuring that it serves the community of Laurel efficiently and effectively. The trust is headquartered at 1100 North Market Street, Wilmington, DE. The trustee is responsible for distributing the net income of the trust to fund the library's operations, thereby promoting accessible and beneficial library facilities for the residents of Laurel.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 74%, earning a Two-Star out of Four Star rating.
The Ws Carpenter For Laurel Library has received a 74% rating from Charity Navigator, which classifies it with a Two-Star rating. This rating reflects significant strengths in program expenses, with an impressive program expense ratio of 84.36%. This suggests that the majority of the organization's funds are directed towards its programs rather than administrative costs.
However, the organization also has notable weaknesses, particularly in governance and accountability. There are no independent board members, which raises concerns regarding oversight and transparency. Additionally, the nonprofit's website is absent from its tax form and does not host its tax documents, indicating a potential gap in accessibility and communication with the public.
Despite these limitations, the organization has established policies for conflict of interest, whistleblowing, and document retention, which are all in place and well-documented. This suggests a commitment to ethical practices despite governance challenges. Overall, while the organization demonstrates a strong commitment to its mission through its program spending, improvements in governance and transparency are necessary.
This AI summary has been generated from information found on Charity Navigator.
Is Ws Carpenter For Laurel Library 003839-000 legitimate?
Ws Carpenter For Laurel Library 003839-000 is a legitimate nonprofit organization registered as a 501(c)(3) entity. Ws Carpenter For Laurel Library 003839-000 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: $36,158
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
What is the mission statement of Ws Carpenter For Laurel Library 003839-000?
The mission of Ws Carpenter For Laurel Library 003839-000 is to allocate a portion or all of its net income, as determined by the trustee, towards the operation and maintenance of a library. This is done with the goal of providing reasonably efficient and effective library facilities that cater to the community. The main objective is to ensure the library serves its community well, offering resources and a conducive environment for learning and knowledge acquisition.
What is the revenue of Ws Carpenter For Laurel Library 003839-000?
Ws Carpenter For Laurel Library 003839-000's revenue in 2023 was $108,118.
Who are the executives of Ws Carpenter For Laurel Library 003839-000 and what are their salaries?
There is 1 key member and their salary:
- Compensation: $36,158
- Related: $0
- Other: $0
Where can I find the form 990 for Ws Carpenter For Laurel Library 003839-000?
Ws Carpenter For Laurel Library 003839-000's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Ws Carpenter For Laurel Library 003839-000
Ws Carpenter For Laurel Library 003839-000 is committed to supporting the Laurel District Library in providing efficiently and effectively functional library facilities for the community. The organization's mission is to manage and allocate a portion or all of its net income, as they deem appropriate, to ensure the library's operation and maintenance. Their ultimate goal is to ensure the library serves the community of Laurel, Delaware, effectively, offering a wide range of resources and services that cater to the community's needs.
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
October, 2024
Ws Carpenter For Laurel Library 003839-000 plays a crucial role in the operational and maintenance funding of the Laurel District Library in Laurel, Delaware. By providing financial support, this entity ensures that the library can deliver efficient and effective services to the community. The impact extends to enhancing access to educational resources, fostering lifelong learning, and promoting literacy among residents. Overall, the contributions facilitate a thriving environment that supports personal and collective growth through knowledge and information. This commitment to the library not only enriches the lives of individuals but also strengthens the community as a whole by promoting civic engagement and cultural enrichment.
This information is meant to be a general summary of Ws Carpenter For Laurel Library 003839-000. 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: $59,601
- Gross Receipts: $491,939
Assets and Liabilities:
- Total Assets: $2,274,984
- Total Liabilities: $0
- Net Assets: $2,274,984
Want to help this charity, for free? You can click here to learn more about Give Freely
Organization Details
Founding Year
1950
NTEE Category
Code: B115 - Education
If you are a representative of Ws Carpenter For Laurel Library 003839-000 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.