Overview
What is Eckhart Library Foundation Inc?
Eckhart Library Foundation Inc is a nonprofit organization headquartered in Auburn, Indiana. Their primary mission is to provide financial support to the Eckhart Public Library, aiming to supplement its other income sources. The foundation's activities are designed to ensure the library has the necessary funds to maintain and enhance its services, thus enriching the community's access to knowledge and resources.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 80% (Three-Star out of Four Star rating)
The Eckhart Library Foundation Inc has received a Three-Star rating from Charity Navigator, indicating a strong performance in its Accountability and Finance categories. With an overall score of 80%, the foundation showcases robust financial practices, particularly highlighted by a high program expense ratio of 92.27%, which suggests that a significant portion of its funds is directed toward its mission-related activities.
The foundation benefits from a fully independent board, consisting of 10 members, demonstrating a commitment to governance standards. Additionally, the organization has no reported material diversion of assets and maintains comprehensive policies regarding conflicts of interest, which contribute to its high accountability score.
While the foundation exhibits strong financial health and governance, the rating is based solely on Accountability and Finance without additional beacons such as Impact or Results. This could suggest a limitation in assessing the broader effectiveness of the foundation's programs and initiatives.
This AI summary has been generated from information found on Charity Navigator.
Is Eckhart Library Foundation Inc legitimate?
Eckhart Library Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Eckhart 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.
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What is the mission statement of Eckhart Library Foundation Inc?
The Eckhart Library Foundation Inc's mission is centered around providing continuous financial support to enhance the income of the Eckhart Public Library. This mission is carried out through various activities aimed at financially bolstering the library. The primary objective of the foundation is to contribute to the library's resources, thereby enriching its services and offerings to the community. The foundation serves as a vital source of additional funding, ensuring the library can maintain its essential operations and continue to serve its patrons effectively.
Who is the CEO of Eckhart Library Foundation Inc?
Angela Mapes Turner is the President of Eckhart Library Foundation Inc.
What is the revenue of Eckhart Library Foundation Inc?
Eckhart Library Foundation Inc's revenue in 2022 was $71,041.
Who are the executives of Eckhart Library Foundation Inc 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 Eckhart Library Foundation Inc?
Eckhart Library Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Eckhart Library Foundation Inc
Eckhart Library Foundation Inc is committed to a mission that seeks to provide ongoing financial support to supplement the income of the Eckhart Public Library. In simpler terms, this nonprofit organization strives to serve as a reliable funding source for the library, ensuring it has the necessary resources to fulfill its role in the community. Through various activities, Eckhart Library Foundation Inc aims to contribute financially to the Eckhart Public Library, thereby enhancing its capacity to serve its patrons effectively.
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Impact
August, 2024
The Eckhart Library Foundation Inc has made a significant impact on the community by providing a consistent source of funding to supplement the income of the Eckhart Public Library. Through their activities and financial support initiatives, they have played a crucial role in enhancing the resources and services available to the residents of Auburn, Indiana. Their dedication to supporting the library's mission and improving community access to educational and recreational resources has resulted in a positive and lasting impact on the local area.
This information is meant to be a general summary of Eckhart 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: $58,116
- Gross Receipts: $1,223,852
Assets and Liabilities:
- Total Assets: $3,633,755
- Total Liabilities: $5,849
- Net Assets: $3,627,906
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Organization Details
Founding Year
2018
Phone
(260) 927-3668Principal Officer
Angela Mapes Turner
Main Address
PO BOX 928, AUBURN, IN, 467061839
NTEE Category
Code: S12 - Community improvement
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