Overview
What is Library Club Of Menard Inc?
Library Club of Menard Inc is a nonprofit organization situated in Menard, Texas. With a humble workforce of two dedicated individuals, the organization's primary mission is to operate and maintain a public library, catering to the needs of the local community. The library, a vital resource for the area, circulates approximately 9,000 books annually and provides essential internet access to the public. Furthermore, the library offers outbound services to those unable to visit, ensuring that no one is left out of the information age. The library's operating hours are between 3 and 4 p.m. daily, providing a sanctuary for knowledge seekers in the region.
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement (73%)
The Library Club Of Menard Inc has received a two-star rating from Charity Navigator, indicating a need for improvement in various governance and transparency aspects. The organization demonstrates strengths in its financial management, with a high program expense ratio of 91.5%, reflecting a commitment to allocating resources towards its mission. Additionally, the organization maintains a strong independent board, which is fully composed of independent members, and has no material diversion of assets.
However, there are significant areas for concern that have impacted their overall score. Key policies, including conflict of interest, whistleblower, and document retention policies, are reported as missing, which raises questions about governance practices. Furthermore, the absence of a tax form website disclosure may affect transparency and public trust, underscoring the need for the organization to enhance its accountability measures.
This AI summary has been generated from information found on Charity Navigator.
Is Library Club Of Menard Inc legitimate?
Library Club Of Menard Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Library Club Of Menard 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: $4,014
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What is the mission statement of Library Club Of Menard Inc?
The Library Club of Menard Inc's mission is centered around owning, managing, and maintaining a public library. This library is designed to cater to the needs of individuals residing in and around Menard, Texas. The primary objective is to ensure the library is equipped with all necessary facilities to serve its community effectively. The club's activities encompass circulating a substantial number of books annually and offering public access to the internet. Furthermore, the library provides outbound services to individuals who may have difficulty visiting the library in person.
Who is the CEO of Library Club Of Menard Inc?
Cynthia Kelly is the President of Library Club Of Menard Inc.
What is the revenue of Library Club Of Menard Inc?
Library Club Of Menard Inc's revenue in 2022 was $65,373.
Who are the executives of Library Club Of Menard Inc and what are their salaries?
The average compensation at Library Club Of Menard Inc during 2022 was $2,007. There are 2 employees and 30 volunteers at Library Club Of Menard Inc.
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Where can I find the form 990 for Library Club Of Menard Inc?
Library Club Of Menard Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Library Club Of Menard Inc
The Library Club of Menard Inc, as a mission-driven organization, is committed to owning, operating, and maintaining a public library and all necessary facilities to cater to the needs of individuals residing in and around Menard, Texas. This nonprofit institution works tirelessly to provide a library that serves as a vital resource for the community, offering access to a vast collection of books and facilitating internet use for public benefit. Furthermore, the Library Club of Menard Inc extends outbound services to those individuals who may find it challenging to visit the library in person, thereby ensuring that no one is deprived of the library's offerings due to mobility constraints.
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Impact
August, 2024
The Library Club Of Menard Inc's impact is significant in the community of Menard, Texas. Through owning, operating, and maintaining a public library, the organization provides essential services to meet the educational and recreational needs of the local population. With a circulation of over 9,000 books annually and operating for approximately 1500 to 1600 hours per year, the library offers a vital resource for access to literature and information. Additionally, by providing internet access and outbound services, the Library Club Of Menard Inc ensures that all community members have the opportunity to benefit from its offerings, regardless of their ability to physically visit the library.
This information is meant to be a general summary of Library Club Of Menard 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.
- Investment Income: $19,777
- Program Service Revenue: $540
- Gross Receipts: $108,989
Assets and Liabilities:
- Total Assets: $841,559
- Total Liabilities: $267
- Net Assets: $841,292
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Membership Dues & Assessments
Revenue
$540
Organization Details
Phone
(325) 396-2717Principal Officer
Cynthia Kelly
Main Address
PO Box 404, Menard, TX, 76859
NTEE Category
Code: B70 - Education
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