Overview
What is Panhandle Library Access Network Inc?
Panhandle Library Access Network Inc, based in Panama City Beach, Florida, operates with a mission to connect the region's libraries through computer or fax lines. This enables each library to share information with others, fostering a cooperative network. With a small team of three dedicated individuals, Panhandle Library Access Network Inc plays a crucial role in breaking down barriers between libraries, thereby promoting knowledge exchange and resource-sharing within the community.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 86% (Three-Star out of Four Stars)
Panhandle Library Access Network Inc has earned a Three-Star rating from Charity Navigator, reflecting a solid score of 86% based entirely on their Accountability & Finance metrics. This rating indicates a strong commitment to transparency and effective financial management, showcasing the organization's reliability in handling funds.
The organization exhibits notable strengths, particularly in governance, with 100% of its board members being independent, ensuring impartiality and diverse perspectives. Their financial practices also stand out, as evidenced by a low liabilities-to-assets ratio of 15.30% and a strong program expense ratio of 73.04%, demonstrating a focus on utilizing resources for their intended mission.
While the data paints a largely positive picture, the rating is solely derived from financial accountability metrics, which may limit insight into other operational aspects such as program effectiveness or community impact. Nonetheless, the overall financial health and governance standards suggest a well-managed nonprofit.
This AI summary has been generated from information found on Charity Navigator.
Is Panhandle Library Access Network Inc legitimate?
Panhandle Library Access Network Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Panhandle Library Access Network 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: $87,321
Professional Fundraising Fees: $0
Other Salaries and Wages: $159,159
For more financial information, click here
What is the mission statement of Panhandle Library Access Network Inc?
The mission of Panhandle Library Access Network Inc, in its essence, is to facilitate information sharing among regional libraries. By establishing computer or fax lines, this organization enables each library to exchange data with its counterparts, fostering a network of knowledge exchange. This initiative allows libraries to collectively expand their resources and provide more comprehensive services to their respective communities.
Who is the CEO of Panhandle Library Access Network Inc?
Charles Mayberry is the Executive Di of Panhandle Library Access Network Inc.
What is the revenue of Panhandle Library Access Network Inc?
Panhandle Library Access Network Inc's revenue in 2022 was $1,308,597.
Who are the executives of Panhandle Library Access Network Inc and what are their salaries?
The average compensation at Panhandle Library Access Network Inc during 2022 was $82,160. There are 3 employees at Panhandle Library Access Network Inc.
Here are 9 key members and their salaries:
- Compensation: $87,321
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Where can I find the form 990 for Panhandle Library Access Network Inc?
Panhandle Library Access Network Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Panhandle Library Access Network Inc
Panhandle Library Access Network Inc, as its mission states, aims to bridge the information gap between libraries within its region by establishing computer or fax connections. This network enables each library to exchange data with its counterparts, thereby fostering a shared knowledge base. Essentially, the organization's mission is to facilitate the seamless flow of information between libraries, allowing them to collectively expand their resources and services.
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Impact
July, 2024
Panhandle Library Access Network Inc plays a crucial role in connecting the region's libraries through computer or fax lines to facilitate the sharing of information among libraries. This connectivity enhances access to resources and services for library users and promotes collaboration and knowledge exchange among library professionals. By enabling seamless communication and resource sharing, Panhandle Library Access Network Inc contributes to the overall efficiency and effectiveness of library operations in the region.
This information is meant to be a general summary of Panhandle Library Access Network 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 2022.
- Program Service Revenue: $247,198
- Gross Receipts: $1,308,597
Assets and Liabilities:
- Total Assets: $486,417
- Total Liabilities: $57,873
- Net Assets: $428,544
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
SERVICES INCOME
Revenue
$175,558
LOBBYIST INCOME
Revenue
$48,000
MISC
Revenue
$23,640
Organization Details
Founding Year
1995
Phone
(850) 233-9051Principal Officer
Charles Mayberry
Main Address
5 MIRACLE STRIP LOOP SUITE 8, PANAMA CITY BEACH, FL, 32407
NTEE Category
Code: Z99Z - Unknown
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