Overview
What is Sulphur Springs Texas Friends Of The Library?
Sulphur Springs Texas Friends Of The Library is a dedicated nonprofit organization that plays a significant role in enhancing the Sulphur Springs Public Library. Their primary objective is to advocate for the library, enrich its resources, and increase community engagement. They achieve this by offering a variety of programs catering to both children and adults. Furthermore, they provide scholarships, contributing to educational opportunities within the community. In essence, this organization aims to elevate the library's impact and make its resources more accessible and appreciated by the public.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 53%, One-Star out of Four Star rating. The Sulphur Springs Texas Friends Of The Library has received a low rating primarily due to significant shortcomings in governance and transparency. The absence of any independent board members and various missing policies indicates a need for improvement in accountability practices.
Despite these governance issues, the organization does exhibit a strong program expense ratio of 97.61%, meaning that nearly all its funds are directed towards its programs. This reflects a commitment to its mission and suggests that the library is focused on providing valuable services to the community. However, the lack of foundational governance structures may undermine its overall effectiveness.
The charity's financial health appears stable, as indicated by a favorable liabilities to assets ratio. However, the missing elements such as a conflict of interest policy, whistleblower policy, and other crucial documents raise concerns about transparency and oversight. To enhance its rating and effectiveness, the organization should prioritize establishing these essential governance practices.
This AI summary has been generated from information found on Charity Navigator.
Is Sulphur Springs Texas Friends Of The Library legitimate?
Sulphur Springs Texas Friends Of The Library is a legitimate nonprofit organization registered as a 501(c)(3) entity. Sulphur Springs Texas Friends Of The Library 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.
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What is the mission statement of Sulphur Springs Texas Friends Of The Library?
The Sulphur Springs Friends of the Library's mission is to bolster the local public library's offerings, boost community awareness and utilization of the library, and advocate for its significance. The organization accomplishes this by organizing programs for children, adults, and offering scholarships, thereby enriching the library's resources and encouraging wider engagement.
Who is the CEO of Sulphur Springs Texas Friends Of The Library?
Richard Flesher is the Vice-President of Sulphur Springs Texas Friends Of The Library.
What is the revenue of Sulphur Springs Texas Friends Of The Library?
Sulphur Springs Texas Friends Of The Library's revenue in 2022 was $51,557.
Who are the executives of Sulphur Springs Texas Friends Of The Library and what are their salaries?
Here are 7 key members and their salaries:
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Where can I find the form 990 for Sulphur Springs Texas Friends Of The Library?
Sulphur Springs Texas Friends Of The Library's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Sulphur Springs Texas Friends Of The Library
Sulphur Springs Texas Friends of the Library is an organization dedicated to supporting and enhancing the Sulphur Springs Public Library. Their mission is multifaceted, aiming to enrich the library's offerings for the public, increase its awareness and usage, and advocate for its well-being. In pursuit of this mission, they provide a variety of programs catering to both children and adults. Furthermore, they offer scholarships, contributing to the broader community and fostering educational opportunities. By engaging in these activities, Sulphur Springs Texas Friends of the Library plays a significant role in promoting the library and its resources, ensuring that it remains a valuable asset to its local community.
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Impact
August, 2024
The Sulphur Springs Texas Friends of the Library has a significant impact on the community by supporting the Sulphur Springs Public Library in enriching its offerings to the public, increasing awareness and use of the library, and advocating for its continued importance. The organization provides diverse programs for children and adults, as well as scholarships, contributing to the educational and cultural development of the community. Their efforts play a key role in promoting literacy, arts, and lifelong learning opportunities for residents of Sulphur Springs, Texas.
This information is meant to be a general summary of Sulphur Springs Texas Friends Of The Library. 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.
- Investment Income: $48,208
- Program Service Revenue: $2,849
- Gross Receipts: $124,508
Assets and Liabilities:
- Total Assets: $1,262,029
- Total Liabilities: -$522
- Net Assets: $1,262,551
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
BOOK SALES
Revenue
$2,349
Organization Details
Founding Year
1994
Phone
(903) 885-4926Principal Officer
Richard Flesher
Main Address
PO BOX 1281, SULPHUR SPRINGS, TX, 75482
NTEE Category
Code: A76Z - Arts
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