Mineola Memorial Library Inc

Charity Navigator Rating: Needs Improvement, 65%

Mineola Memorial Library Inc has received a "Needs Improvement" rating from Charity Navigator, reflecting some strengths in their accountability and finance practices but also highlighting notable weaknesses. The organization boasts a perfect score for having an independent board, which is essential for governance integrity. However, the absence of financial statements and a missing website listed on their tax form significantly lower their overall financial transparency score.

While the library demonstrates a commendable program expense ratio of 61.78%, indicating that a substantial portion of its expenses goes toward its programs, the lack of critical financial documentation raises concerns. The organization has implemented certain policies, such as conflict of interest and document retention, but the absence of a whistleblower policy is a concerning limitation. Overall, while the library shows potential for responsible management, addressing these transparency issues is vital for improving its rating and public trust.

This AI summary has been generated from information found on Charity Navigator.

Mineola Memorial Library Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Mineola Memorial 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: $119,705

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