Overview
What is The Talbot County Free Library Association Inc?
The Talbot County Free Library Association Inc, located at 100 West Dover Street, Easton, Maryland 21601, is a thriving nonprofit organization dedicated to serving the public of Talbot County. Their primary mission is to operate a library that is accessible to all, offering a wide range of resources for the community's enrichment and personal growth. As a general public library, they inspire individuals to explore ideas and obtain valuable information, contributing to the betterment and renewal of lives. With a team of 41 dedicated employees, this nonprofit library association continues to play a significant role in fostering learning and knowledge within Talbot County.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 75% (Three-Star out of Four Stars)
The Talbot County Free Library Association Inc has earned a Three-Star rating from Charity Navigator, reflecting a solid accountability and finance score of 75%. This rating is based solely on their financial health and governance practices, indicating that they maintain a responsible and transparent management of their resources.
Strengths of the organization include having a fully independent board, with 10 members ensuring no conflicts of interest. They have demonstrated strong financial practices, including complete financial audits and no material diversion of assets, which contribute to their positive standing. Additionally, their program expense ratio is commendable at 80.81%, suggesting that a significant portion of their funds is directed towards fulfilling their mission.
However, while their score indicates a strong emphasis on accountability and financial management, it does not encompass other potential areas of evaluation such as impact or community engagement, which could provide a more comprehensive view of the organization's overall effectiveness.
This AI summary has been generated from information found on Charity Navigator.
Is The Talbot County Free Library Association Inc legitimate?
The Talbot County Free Library Association Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Talbot County Free Library Association 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: $116,286
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,248,701
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What is the mission statement of The Talbot County Free Library Association Inc?
The Talbot County Free Library Association Inc's mission is centered around inspiring its community to explore new ideas and acquire valuable information. This mission aims to enrich and renew lives through the library's services. The organization operates as a circulating library, welcoming the general public of Talbot County, Maryland. It serves as a vital resource, promoting intellectual growth and fostering a love for knowledge within its community.
What is the revenue of The Talbot County Free Library Association Inc?
The Talbot County Free Library Association Inc's revenue in 2024 was $2,511,802.
Who are the executives of The Talbot County Free Library Association Inc and what are their salaries?
The average compensation at The Talbot County Free Library Association Inc during 2024 was $34,125. There are 40 employees and 41 volunteers at The Talbot County Free Library Association Inc.
Here are 12 key members and their salaries:
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Where can I find the form 990 for The Talbot County Free Library Association Inc?
The Talbot County Free Library Association Inc's most recent form 990 was submitted in 2024 and can be accessed here.
Mission Statement of The Talbot County Free Library Association Inc
The Talbot County Free Library Association Inc, a general public library, is committed to inspiring its community by providing access to a wealth of ideas and information. This nonprofit organization's mission is to enrich and renew lives, encouraging individuals to discover and explore various knowledge domains. By operating a circulating library that is open to the general public of Talbot County, Maryland, The Talbot County Free Library Association Inc plays a pivotal role in fostering intellectual growth and curiosity within its community.
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Impact
July, 2024
The Talbot County Free Library Association Inc positively impacts the community by providing free access to a wide range of educational resources and information. By operating a circulating library open to the public in Talbot County, Maryland, the organization helps enrich and renew lives through the discovery of ideas and information. As a result, individuals in the community have the opportunity to enhance their education, broaden their knowledge, and improve their overall quality of life.
This information is meant to be a general summary of The Talbot County Free Library Association 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 2024.
- Investment Income: $354
- Program Service Revenue: $90,770
- Gross Receipts: $2,511,802
Assets and Liabilities:
- Total Assets: $994,962
- Total Liabilities: $1,860,784
- Net Assets: -$865,822
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
UNRESTRICTED FOUNDATIO
Revenue
$57,299
OPERATIONS
Revenue
$19,132
RESTRICTED FOUNDATION
Revenue
$14,339
Organization Details
Founding Year
1926
Principal Officer
Dana Newman
NTEE Category
Code: B71I - Education
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