Overview
What is Woodstock Library Inc?
Woodstock Library Inc is a nonprofit organization located at 134 North Church Street, Woodstock, Virginia 22664. Their primary mission is to serve the local community of Woodstock and its surrounding areas by providing a public library. This library aims to support and enrich the community with a wide range of resources and educational materials, fostering a love for learning and knowledge sharing. The organization is dedicated to promoting literacy, education, and community engagement through its library services.
What are the reviews and ratings of this charity?
Charity Navigator Rating: Two-Star out of Four Stars (Needs Improvement, 66%)
Woodstock Library Inc has received a two-star rating from Charity Navigator, indicating that the organization is in need of improvement in various areas. While they have a strong accountability and finance score, particularly with a fully independent board and no material diversion of assets, they have several critical weaknesses that have affected their overall rating.
Key strengths include the lack of liabilities to assets, which is a positive indicator of financial health, and their transparency regarding board meeting minutes. However, significant deficiencies are evident, such as the absence of a conflict of interest policy, whistleblower policy, and document retention policy, which are essential for governance and accountability. Additionally, their program expense ratio, while decent, reflects room for improvement when compared to best practices.
Overall, while Woodstock Library Inc shows solid governance indicators, the missing policies and lack of essential documentation on their website detract from their overall effectiveness and transparency. Addressing these issues could significantly enhance their standing and trust within the community.
This AI summary has been generated from information found on Charity Navigator.
Is Woodstock Library Inc legitimate?
Woodstock Library Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Woodstock Library 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: $0
For more financial information, click here
What is the mission statement of Woodstock Library Inc?
The mission of Woodstock Library Inc, as stated, is centered around providing a public library to serve the local community of Woodstock and its surrounding areas. This mission is carried out with the goal of making educational resources and literature readily available to all, fostering a love for reading and learning within the community. The library's activities are geared towards promoting knowledge, intellectual growth, and community engagement through the provision of a variety of books, resources, and programs.
What is the revenue of Woodstock Library Inc?
Woodstock Library Inc's revenue in 2024 was $158,858.
Who are the executives of Woodstock Library Inc and what are their salaries?
There 35 volunteers at Woodstock Library Inc.
Here are 5 key members and their salaries:
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- Related: $0
- Other: $0
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- Other: $0
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- Other: $0
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- Other: $0
- Compensation: $0
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- Other: $0
Where can I find the form 990 for Woodstock Library Inc?
Woodstock Library Inc's most recent form 990 was submitted in 2024 and can be accessed here.
Mission Statement of Woodstock Library Inc
Woodstock Library Inc, as a nonprofit organization, is dedicated to serving the local community and its surroundings by providing a public library. Its mission is to act as a vital resource, offering a wealth of knowledge and information to the community members. By establishing a library, Woodstock Library Inc aims to foster a love for reading and learning among its patrons, promoting intellectual growth and personal development. The organization's primary goal is to make accessible a wide range of books, digital resources, and educational materials, ensuring that everyone, regardless of their age or background, has the opportunity to expand their horizons and enhance their understanding of the world.
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Impact
August, 2024
Woodstock Library Inc provides a valuable resource to the local community of Woodstock and the surrounding area by offering a public library for educational purposes. Through its mission to provide access to knowledge and information, Woodstock Library Inc plays a crucial role in promoting literacy, learning, and intellectual development within the community. By offering a diverse collection of books and resources, as well as educational programs and services, the library contributes to the educational growth and enrichment of individuals of all ages. Overall, Woodstock Library Inc's impact is significant in fostering a culture of lifelong learning and literacy in its community.
This information is meant to be a general summary of Woodstock Library 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: $72,970
- Gross Receipts: $158,858
Assets and Liabilities:
- Total Assets: $2,114,858
- Total Liabilities: $0
- Net Assets: $2,114,858
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Organization Details
Founding Year
1929
Principal Officer
William Haley
NTEE Category
Code: B71Z - Education
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