Overview
What is Lake Region Public Library Foundation?
The Lake Region Public Library Foundation is a nonprofit organization situated in Devils Lake, North Dakota, specifically at 423 7th St NE. Its primary mission is to support and maintain the Lake Region Public Library, including its facilities, staff, and associated concerns. This support extends to the library's summer reading program and the creation of a reading garden within the library premises. The foundation's activities aim to enhance the library's overall functioning and contribute positively to the local community.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 13%
The Lake Region Public Library Foundation has received a low rating of 13%, which translates to a Zero-Star out of Four Star rating. This indicates significant concerns regarding the organization's accountability and financial practices. The absence of independent board members and several missing policies contributes to the poor score, highlighting issues in governance.
One of the strengths noted is that there has been no material diversion of assets, which is a positive aspect of its financial management. However, the lack of a website listed on the tax form and missing conflict of interest, whistleblower, and document retention policies raises serious questions about the foundation's operational transparency and adherence to best practices.
Overall, the organization needs to improve its governance structures and financial accountability significantly. Until these issues are addressed, potential donors and stakeholders may view the foundation as a high-risk investment concerning their contributions and support.
This AI summary has been generated from information found on Charity Navigator.
Is Lake Region Public Library Foundation legitimate?
Lake Region Public Library Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Lake Region 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.
Heare are some key statistics you may want to consider:
Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
What is the mission statement of Lake Region Public Library Foundation?
The Lake Region Public Library Foundation's mission is to uphold and facilitate the activities and ongoing maintenance of the Lake Region Public Library. This encompasses the library's facilities, staff, and related concerns. The organization's primary goal is to ensure the library's continuity and growth, providing essential support when needed. In addition to this, the foundation maintains a reading garden at the library and actively participates in the library's summer reading program.
Who is the CEO of Lake Region Public Library Foundation?
Jessica Fish is the President of Lake Region Public Library Foundation.
What is the revenue of Lake Region Public Library Foundation?
Lake Region Public Library Foundation's revenue in 2022 was $3,396.
Who are the executives of Lake Region Public Library Foundation and what are their salaries?
There 3 volunteers at Lake Region Public Library Foundation.
Here are 3 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Lake Region Public Library Foundation?
Lake Region Public Library Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Lake Region Public Library Foundation
The Lake Region Public Library Foundation is an organization dedicated to supporting and maintaining the activities of the Lake Region Public Library. This encompasses the upkeep of the library's facilities, staff, and various related concerns. In essence, their mission is to ensure the library continues to thrive and serve its community effectively.
In addition to this, the Lake Region Public Library Foundation plays a significant role in the library's summer reading program and the maintenance of a reading garden. These initiatives aim to engage the community and encourage a love for reading, making the library a vibrant and welcoming space for all. By supporting these programs and the overall well-being of the library, the Foundation contributes to fostering a strong and literate community.
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Impact
August, 2024
The impact of Lake Region Public Library Foundation is evident in the continuous support and provision for the activities and maintenance of the Lake Region Public Library. They play a crucial role in maintaining a reading garden at the library and supporting the summer reading program. This ensures that the community has access to educational resources, opportunities for enrichment, and a welcoming space for learning and growth. Their dedication to enhancing library facilities and promoting literacy contributes to a more knowledgeable and engaged society.
This information is meant to be a general summary of Lake Region 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.
- Gross Receipts: $3,396
Assets and Liabilities:
- Total Assets: $346,731
- Total Liabilities: $0
- Net Assets: $346,731
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Organization Details
Founding Year
2018
Phone
(701) 662-2220Principal Officer
Jessica Fish
Main Address
423 7th St NE, Devils Lake, ND, 58301
NTEE Category
Code: B70 - Education
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