Overview
What is Coldspring Area Public Library Inc?
Coldspring Area Public Library Inc is a nonprofit organization situated in Coldspring, Texas. With a mission to promote knowledge, education, and recreational enrichment, they offer a wide range of services to their community. Their offerings include 15,797 free books, tapes, videos, DVDs, and CDs, an interlibrary loan service, computer lab access, copying, printing, faxing, laminating, and notary services for a fee. They also provide charitable organizations with free use of a conference room and an overhead projector. The library is committed to fostering lifelong learning, opening hours of 1,903 and attracting 7,306 patron visits, complemented by 1,354 volunteer hours.
Official website here: www.coldspringpubliclibrary.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: Zero-Star out of Four Star rating
The Coldspring Area Public Library Inc received a zero-star rating from Charity Navigator, indicating significant concerns regarding its accountability and financial health, with an overall score of 43%. While the library demonstrates strengths such as having 100% independent board members and a robust whistleblower policy, it falls short in key areas, particularly due to the absence of a conflict of interest policy and document retention policy.
Financially, the library has a concerning program expense ratio at 23.76%, suggesting that a small portion of its expenses are directed towards its programs. Additionally, the liabilities to assets ratio stands at 0.00%, which raises questions about its financial sustainability and management practices. The failure to post key documents such as tax forms on its website further limits transparency and accountability.
Despite having some strong governance practices, the missing policies and low program expense ratio highlight the need for improvement in financial management and operational transparency. Stakeholders should consider these factors when evaluating the library's effectiveness and reliability as a nonprofit organization.
This AI summary has been generated from information found on Charity Navigator.
Is Coldspring Area Public Library Inc legitimate?
Coldspring Area Public Library Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Coldspring Area Public 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: $19,888
Professional Fundraising Fees: $0
Other Salaries and Wages: $17,053
For more financial information, click here
Official website here: www.coldspringpubliclibrary.com
What is the mission statement of Coldspring Area Public Library Inc?
The Coldspring Area Public Library Inc's mission is centered around providing library services. Their goal is to offer a wide range of information in various formats, encouraging knowledge, education, and lifelong learning. They strive to enrich their patrons' lives through these services, fostering a environment for recreational enrichment. The library facilitates 1,903 hours of operation, accommodating 7,306 patron visits and utilizing 1354 volunteer hours. Their offerings include free access to books, tapes, videos, and more, as well as interlibrary loan services. Patrons can also utilize the library's computer lab, copying, printing, faxing, and laminating facilities for a fee. Notary services are available for a fee, while charitable organizations can use the conference room for a nominal fee. The library's online search capability allows patrons to browse their book inventory via the library website, and they offer a selection of culled books, tapes, videos, and periodicals for a nominal fee.
Official website here: www.coldspringpubliclibrary.com
Who is the CEO of Coldspring Area Public Library Inc?
Leslye Mcgrath is the President of Coldspring Area Public Library Inc.
Official website here: www.coldspringpubliclibrary.com
What is the revenue of Coldspring Area Public Library Inc?
Coldspring Area Public Library Inc's revenue in 2022 was $54,409.
Official website here: www.coldspringpubliclibrary.com
Who are the executives of Coldspring Area Public Library Inc and what are their salaries?
The average compensation at Coldspring Area Public Library Inc during 2022 was $12,314. There are 3 employees and 10 volunteers at Coldspring Area Public Library Inc.
Here are 15 key members and their salaries:
- Compensation: $19,888
- Related: $19,888
- Other: $0
- Compensation: $9,763
- Related: $9,763
- Other: $0
- Compensation: $7,290
- Related: $7,290
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
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- Other: $0
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- Other: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.coldspringpubliclibrary.com
Where can I find the form 990 for Coldspring Area Public Library Inc?
Coldspring Area Public Library Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.coldspringpubliclibrary.com
Learn more at the official website: www.coldspringpubliclibrary.com
Mission Statement of Coldspring Area Public Library Inc
Coldspring Area Public Library Inc is dedicated to serving its community by providing a wide range of library services. Their mission is to make information accessible in various formats, fostering knowledge, education, and lifelong learning among their patrons. The library promotes recreational enrichment as well, aiming to cater to the diverse needs of its visitors.
In pursuit of this mission, Coldspring Area Public Library Inc offers a multitude of resources. They facilitate 7,306 patron visits, keeping their doors open for 1,903 hours with the valuable assistance of 1,354 volunteers. The library's inventory includes 15,797 books, tapes, videos, DVDs, and CDs, all available for free use. Patrons can also make use of the library's computer lab, equipped with 8 stations, for nominal fees. Additionally, the library provides copying, printing, faxing, and laminating services, as well as a notary service, all for reasonable fees.
The library caters to the needs of various organizations by offering a conference room for charitable causes at a nominal fee, and for other organizations for a fee. They also provide an online search capability for their book inventory via their website. For those looking for budget-friendly resources, Coldspring Area Public Library Inc offers access to culled books, tapes, videos, CDs, DVDs, and periodicals for nominal fees. Furthermore, the library offers an e-book service, and the use of an overhead projector for charitable organizations and for a fee for others.
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Impact
August, 2024
Coldspring Area Public Library Inc's impact is significant in providing library services to the Coldspring area. By offering access to information in various formats, the library promotes knowledge, education, lifelong learning, and recreational enrichment for its patrons. In the past year, the library has served 7,306 patrons through 1,903 hours of operation, supported by 1,354 volunteer hours.
Additionally, the library offers a wide range of services, including free access to a collection of 15,797 books, tapes, videos, DVDs, and CDs, an interlibrary loan service, a computer lab with 8 stations, and copying, printing, faxing, and laminating services for nominal fees. Notary services, access to a conference room, online search capabilities, and e-book services further enhance the library's offerings.
Overall, Coldspring Area Public Library Inc plays a crucial role in fostering education and knowledge within the community of Coldspring, TX, making a positive impact on the lives of its patrons.
This information is meant to be a general summary of Coldspring Area Public Library 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: $278
- Program Service Revenue: $5,835
- Gross Receipts: $54,409
Assets and Liabilities:
- Total Assets: $452,292
- Total Liabilities: $0
- Net Assets: $452,292
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Fines, Faxes, Copies, Prints
Revenue
$4,790
Notary
Revenue
$169
Book Sales
Revenue
$874
Miscellaneous
Revenue
$2
Organization Details
Founding Year
1985
Phone
(936) 653-3104Principal Officer
Leslye Mcgrath
Main Address
PO Box 1756, Coldspring, TX, 77331
NTEE Category
Code: B70 - Education
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