Overview
What is Bozeman Public Library Foundation Inc?
Bozeman Public Library Foundation Inc is a charitable organization dedicated to augmenting and improving the services, programs, and events offered by the Bozeman Public Library. The foundation prioritizes youth and adult community initiatives, fostering partnerships to strengthen its outreach. By acting as a catalyst, it attracts private funding from individuals, businesses, organizations, and foundations, while simultaneously advocating for public support to reinforce overall library backing. The foundation's mission is, essentially, to elevate the library's offerings, benefiting the local residents and communities it serves.
Official website here: www.bozemanlibraryfoundation.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 100%
The Bozeman Public Library Foundation Inc has achieved an impressive Four-Star out of Four Star rating with a perfect overall score of 100%. This rating reflects strong performance across multiple beacons, particularly in Accountability & Finance, Culture & Community, and Leadership & Adaptability, where it scored 100% in all categories. The foundation has demonstrated a commitment to transparency and financial integrity, as evidenced by its independent board comprised entirely of nine members and a clean record free from any material diversion of assets.
In terms of financial health, the foundation exhibits robust metrics, such as a low liabilities to assets ratio of 0.30% and a program expense ratio of 87.70%, indicating that a significant portion of its funds directly supports its programming. Additionally, its fundraising efficiency ratio stands out at $0.05, showcasing effective use of resources in generating contributions. The foundation also excels in gathering and utilizing feedback, with perfect scores in both feedback collection and usage.
There are no significant limitations noted in the data, as the foundation has implemented best practices in governance, including conflict of interest and whistleblower policies. Overall, the Bozeman Public Library Foundation Inc stands out as a highly effective nonprofit organization, dedicated to serving its community with transparency and financial responsibility.
This AI summary has been generated from information found on Charity Navigator.
Is Bozeman Public Library Foundation Inc legitimate?
Bozeman Public Library Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Bozeman Public Library Foundation 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: $124,230
Professional Fundraising Fees: $0
Other Salaries and Wages: $105,215
For more financial information, click here
Official website here: www.bozemanlibraryfoundation.org
What is the mission statement of Bozeman Public Library Foundation Inc?
The Bozeman Public Library Foundation Inc's mission is multifaceted. Its primary objective is to enhance and improve the quality of services, programs, and community events provided by the local public library. This improvement aims to benefit the residents and communities the library serves. Additionally, the foundation supports and advocates for both private and public funding for the library, acting as a catalyst to attract private contributions from individuals, businesses, organizations, and foundations. Simultaneously, it works to reinforce overall public support for the library.
Official website here: www.bozemanlibraryfoundation.org
Who is the CEO of Bozeman Public Library Foundation Inc?
Kelly Ramirez is the President of Bozeman Public Library Foundation Inc.
Official website here: www.bozemanlibraryfoundation.org
What is the revenue of Bozeman Public Library Foundation Inc?
Bozeman Public Library Foundation Inc's revenue in 2022 was $1,632,743.
Official website here: www.bozemanlibraryfoundation.org
Who are the executives of Bozeman Public Library Foundation Inc and what are their salaries?
The average compensation at Bozeman Public Library Foundation Inc during 2022 was $76,482. There are 3 employees and 17 volunteers at Bozeman Public Library Foundation Inc.
Here are 9 key members and their salaries:
- Compensation: $109,799
- Related: $0
- Other: $14,431
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- Other: $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
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.bozemanlibraryfoundation.org
Where can I find the form 990 for Bozeman Public Library Foundation Inc?
Bozeman Public Library Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.bozemanlibraryfoundation.org
Learn more at the official website: www.bozemanlibraryfoundation.org
Mission Statement of Bozeman Public Library Foundation Inc
Bozeman Public Library Foundation Inc has a twofold mission. It aims to enhance and improve the quality of services, programs, and community events provided by the Bozeman Public Library, benefiting the residents and communities it serves. Beyond this, the foundation acts as a catalyst, advocating for and attracting private funding from individuals, businesses, organizations, and foundations to support the library. Simultaneously, it works to strengthen overall public support for the library. By fulfilling this mission, Bozeman Public Library Foundation Inc contributes to the library's ability to provide enriching experiences and resources to the community.
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Impact
July, 2024
Bozeman Public Library Foundation Inc's impact is evident in the enhanced quality of services, programs, and community events offered by the Bozeman Public Library. The foundation prioritizes youth and adult community programs through partnerships, such as summer reading initiatives. By attracting private funding from individuals, businesses, organizations, and foundations, the foundation acts as a catalyst for supporting and advocating for the library. Overall, its efforts reinforce public support for the library and contribute to a thriving community hub for education and engagement in Bozeman.
This information is meant to be a general summary of Bozeman Public Library Foundation 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: $171,759
- Gross Receipts: $2,695,621
Assets and Liabilities:
- Total Assets: $6,279,027
- Total Liabilities: $19,000
- Net Assets: $6,260,027
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Organization Details
Founding Year
1998
Phone
(406) 582-2400Principal Officer
Kelly Ramirez
Main Address
626 EAST MAIN STREET, BOZEMAN, MT, 59715
NTEE Category
Code: B70 - Education
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