Overview
What is Eastern Shore Public Library Foundation?
The Eastern Shore Public Library Foundation is a nonprofit organization, identified as ESPL Foundation, located in Accomac, Virginia. Their mission is centered around raising funds to support the Eastern Shore Public Library. Over the course of the year, they have allocated resources amounting to 73,654 dollars towards costs and expenses related to the library. The foundation's work contributes significantly to the library's operations without specifying the exact nature of their support.
Official website here: www.esplfoundation.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 76% (Three-Star out of Four Star rating)
The Eastern Shore Public Library Foundation holds a Three-Star rating from Charity Navigator, reflecting a score of 76%. This rating is primarily based on accountability and finance metrics, indicating a strong emphasis on how the organization manages its resources. The foundation has achieved perfect scores in several areas, including having a fully independent board and no material diversion of assets.
Strengths identified in the assessment include a solid program expense ratio of 79.20%, which suggests that a significant portion of funds is directed toward programs rather than administrative costs. The organization also maintains transparency by posting its tax forms on its website and keeping detailed minutes of board meetings. However, there are notable weaknesses, particularly in the absence of essential governance policies such as a conflict of interest policy and a whistleblower policy.
While the foundation demonstrates a commitment to financial accountability and effective program spending, the lack of key governance policies may raise concerns about its overall operational integrity. Future improvements in these areas could enhance its accountability and further bolster its rating.
This AI summary has been generated from information found on Charity Navigator.
Is Eastern Shore Public Library Foundation legitimate?
Eastern Shore Public Library Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Eastern Shore Public Library Foundation 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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For more financial information, click here
Official website here: www.esplfoundation.org
What is the mission statement of Eastern Shore Public Library Foundation?
The Eastern Shore Public Library Foundation's mission is centered around raising funds to support the operations of the Eastern Shore Public Library. This non-profit organization is dedicated to contributing financially to the library's various initiatives and services. Throughout the year, the foundation incurs expenses in support of the library, amounting to 73,654 dollars.
Official website here: www.esplfoundation.org
Who is the CEO of Eastern Shore Public Library Foundation?
Albert J Mcmath is the President of Eastern Shore Public Library Foundation.
Official website here: www.esplfoundation.org
What is the revenue of Eastern Shore Public Library Foundation?
Eastern Shore Public Library Foundation's revenue in 2022 was $519,892.
Official website here: www.esplfoundation.org
Who are the executives of Eastern Shore Public Library Foundation and what are their salaries?
There 40 volunteers at Eastern Shore Public Library Foundation.
Here are 18 key members and their salaries:
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Official website here: www.esplfoundation.org
Where can I find the form 990 for Eastern Shore Public Library Foundation?
Eastern Shore Public Library Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.esplfoundation.org
Learn more at the official website: www.esplfoundation.org
Mission Statement of Eastern Shore Public Library Foundation
The Eastern Shore Public Library Foundation's primary objective is to generate funds in aid of the Eastern Shore Public Library. This nonprofit organization is dedicated to supporting the library's initiatives and operations, ensuring that it can continue to serve its community effectively. Throughout the year, the foundation invests resources to cover the library's expenses, contributing significantly to its operations.
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Impact
July, 2024
The impact of the Eastern Shore Public Library Foundation is evident in its efforts to support the Eastern Shore Public Library through fundraising initiatives. The Foundation plays a crucial role in providing financial resources to enhance the programs and services offered by the library. By expending funds for costs and expenses related to the library, the Foundation directly contributes to the enrichment of educational opportunities for the community. Through its mission of raising money to support the Eastern Shore Public Library, the Foundation positively impacts the local community by fostering a culture of learning and access to valuable resources.
This information is meant to be a general summary of Eastern Shore Public Library Foundation. 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: $5,121
- Gross Receipts: $708,107
Assets and Liabilities:
- Total Assets: $971,257
- Total Liabilities: $159,107
- Net Assets: $812,150
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Organization Details
Founding Year
2009
Phone
(757) 787-2500Principal Officer
Albert J Mcmath
Main Address
PO BOX 554, ACCOMAC, VA, 23301
Website
www.esplfoundation.orgNTEE Category
Code: B11 - Education
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