Overview
What is Kenton Co Public Library Foundation Inc?
Kenton Co Public Library Foundation Inc is a nonprofit organization committed to stimulating financial support for the local library. Their mission involves enhancing the library's programs and facilities, financing necessary improvements, and administering funds allocated for these purposes. By doing so, they aim to encourage, strengthen, and improve the library's offerings, ultimately benefiting the community.
Official website here: www.kenton.lib.ky.us/foundation
What are the reviews and ratings of this charity?
Charity Navigator Rating: 76%, Three-Star out of Four Star Rating
The Kenton Co Public Library Foundation Inc has received a score of 76%, indicating a relatively strong performance, particularly in accountability and finance. The foundation has a fully independent board, which demonstrates a commitment to governance, while its liabilities to assets ratio is excellent at 0.00%, signifying no debt concerns. Furthermore, the organization allocates all its expenses towards programs, highlighting efficiency in resource utilization.
While the foundation showcases several strengths, there are notable gaps in its policies. Specifically, it lacks a conflict of interest policy, a whistleblower policy, and a document retention and destruction policy. These omissions are reflected in lower scores in those categories, detracting from the overall accountability assessment.
Overall, while the Kenton Co Public Library Foundation is well-rated for financial practices and governance, addressing its policy deficiencies could enhance its transparency and trustworthiness. Implementing these key policies would further solidify its standing as a responsible nonprofit organization.
This AI summary has been generated from information found on Charity Navigator.
Is Kenton Co Public Library Foundation Inc legitimate?
Kenton Co Public Library Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Kenton Co Public Library Foundation 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
Official website here: www.kenton.lib.ky.us/foundation
What is the mission statement of Kenton Co Public Library Foundation Inc?
The Kenton Co Public Library Foundation Inc's mission is geared towards stimulating voluntary financial support for libraries. Their primary objective is to enhance and encourage library programs and facilities. They also assist in financing capital improvements for libraries and manage funds dedicated to these purposes. The foundation's focus lies in boosting library services and resources.
Official website here: www.kenton.lib.ky.us/foundation
Who is the CEO of Kenton Co Public Library Foundation Inc?
Justin Dammel is the Director of Kenton Co Public Library Foundation Inc.
Official website here: www.kenton.lib.ky.us/foundation
What is the revenue of Kenton Co Public Library Foundation Inc?
Kenton Co Public Library Foundation Inc's revenue in 2023 was $47,669.
Official website here: www.kenton.lib.ky.us/foundation
Who are the executives of Kenton Co Public Library Foundation Inc and what are their salaries?
There 14 volunteers at Kenton Co Public Library Foundation Inc.
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Official website here: www.kenton.lib.ky.us/foundation
Where can I find the form 990 for Kenton Co Public Library Foundation Inc?
Kenton Co Public Library Foundation Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.kenton.lib.ky.us/foundation
Learn more at the official website: www.kenton.lib.ky.us/foundation
Mission Statement of Kenton Co Public Library Foundation Inc
Kenton Co Public Library Foundation Inc is dedicated to stimulating voluntary financial support for libraries. Their primary objective is to enhance and encourage the library's programs and facilities, providing a significant boost to the library's overall operations. Furthermore, the foundation assists in financing capital improvements for the library. This involves investing in the library's infrastructure, ensuring it remains modern and well-equipped to serve its community. In addition to these primary roles, Kenton Co Public Library Foundation Inc also administers funds devoted to these purposes. This allows the library to invest in projects that directly benefit its users, ultimately enhancing the library's ability to serve its community effectively.
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Impact
August, 2024
Kenton Co Public Library Foundation Inc's impact lies in its dedication to stimulating voluntary financial support for the library, thus supporting, encouraging, and enhancing its programs and facilities. By assisting in financing capital improvements for the library and acquiring and administering funds devoted to these purposes, the foundation plays a crucial role in enriching the library's offerings and resources. Its focus on enhancing library programs ultimately benefits the community by providing access to educational opportunities and promoting literacy and learning.
This information is meant to be a general summary of Kenton Co Public Library Foundation 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 2023.
- Investment Income: $5,273
- Program Service Revenue: $130
- Gross Receipts: $211,011
Assets and Liabilities:
- Total Assets: $646,353
- Total Liabilities: $0
- Net Assets: $646,353
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
FOUNDATION ACTIVITY
Revenue
$130
Organization Details
Founding Year
2001
Principal Officer
Justin Dammel
Main Address
3095 HULBERT AVENUE, ERLANGER, KY, 41018
NTEE Category
Code: B117 - Education
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