Overview
What is Library Study Hall Inc?
Library Study Hall Inc, as per the provided information, is a nonprofit organization based in NYACK, New York. Their primary focus is on promoting innovation and sustainability in the fashion industry, specifically addressing waste management. Through their initiative, WM Design Challenge, they operate as a waste-led design incubator, aiming to transform waste into resources. The organization's mission, known as Slow Factory Foundation, is dedicated to restoring balance between humans and nature, employing systemic regenerative design, open education, and strategic narrative change. With a small team of one employee, they strive to make a significant impact in the environmental and social sectors of the fashion industry.
Official website here: www.studyhall.earth/
What are the reviews and ratings of this charity?
Charity Navigator Rating: 82%, Three-Star out of Four Star rating. This score reflects a strong commitment to accountability and finance, with the charity receiving a perfect score in several key areas, including having a fully independent board and no material diversion of assets. The 82% rating indicates that Library Study Hall Inc is effectively managing its resources and is transparent in its operations.
The organization exhibits robust governance practices, as evidenced by the presence of a conflict of interest policy, a whistleblower policy, and well-documented board meeting minutes. These elements contribute to the charity's overall accountability, ensuring that it operates with integrity and transparency. Furthermore, with a program expense ratio of 85.28%, the charity demonstrates its focus on directing funds towards its mission.
However, while the financial management and accountability aspects are commendable, the rating does not address other potential areas of impact, such as program effectiveness or community engagement. Thus, while the financial health is strong, stakeholders may seek additional information on how the charity measures its success outside of financial metrics.
This AI summary has been generated from information found on Charity Navigator.
Is Library Study Hall Inc legitimate?
Library Study Hall Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Library Study Hall 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: $112,500
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.studyhall.earth/
What is the mission statement of Library Study Hall Inc?
Library Study Hall Inc's mission is centered around restoring balance between humans and nature. They achieve this through a three-pronged approach: systemic regenerative design, open education, and strategic narrative change. This mission aims to inspire innovative practices in environmental and social fields, particularly in the context of fashion and waste management. By focusing on waste-to-resource initiatives, Library Study Hall Inc seeks to make a significant impact in promoting sustainable and regenerative practices.
Official website here: www.studyhall.earth/
Who is the CEO of Library Study Hall Inc?
Celine Semaan is the Executive Director of Library Study Hall Inc.
Official website here: www.studyhall.earth/
What is the revenue of Library Study Hall Inc?
Library Study Hall Inc's revenue in 2022 was $464,176.
Official website here: www.studyhall.earth/
Who are the executives of Library Study Hall Inc and what are their salaries?
The average compensation at Library Study Hall Inc during 2022 was $112,500. There is 1 employee at Library Study Hall Inc.
Here are 4 key members and their salaries:
- Compensation: $112,500
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.studyhall.earth/
Where can I find the form 990 for Library Study Hall Inc?
Library Study Hall Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.studyhall.earth/
Learn more at the official website: www.studyhall.earth/
Mission Statement of Library Study Hall Inc
Library Study Hall Inc's mission revolves around restoring harmony between humans and nature. They achieve this goal through three strategic approaches: systemic regenerative design, open education, and strategic narrative change.
Through systemic regenerative design, Library Study Hall Inc aims to promote sustainable practices in various sectors, specifically focusing on fashion waste. They run a design incubator called WM Design Challenge, which empowers innovators to develop eco-friendly solutions from fashion waste. This approach not only reduces waste but also promotes a more balanced relationship between humans and the environment.
In addition to promoting sustainable practices, Library Study Hall Inc also believes in the power of education. Their open education initiative encourages knowledge sharing and learning about regenerative environmental and social practices. By making this information accessible, they hope to inspire change and foster a more sustainable future.
Lastly, Library Study Hall Inc recognizes the importance of narrative in driving change. They use strategic narrative change to influence public perception and foster support for their mission. By crafting compelling stories and messages, they hope to inspire individuals and communities to join them in their quest for a more balanced world.
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Impact
July, 2024
Library Study Hall Inc's impact is significant in the city of Nyack, NY. Through its WM DESIGN CHALLENGE, a waste-led design incubator, the organization is empowering innovation in regenerative environmental and social practices in fashion waste-to-resource. This initiative aligns with Library Study Hall Inc's mission to restore balance for humans and nature through systemic regenerative design, open education, and strategic narrative change. The organization's work in this space contributes to the arts community and promotes sustainability in the fashion industry.
This information is meant to be a general summary of Library Study Hall 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.
- Gross Receipts: $464,176
Assets and Liabilities:
- Total Assets: $119,532
- Total Liabilities: $202,922
- Net Assets: -$83,390
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Organization Details
Founding Year
2018
Phone
(917) 864-3417Principal Officer
Celine Semaan
Main Address
PO BOX 525, NYACK, NY, 10960
Website
www.studyhall.earth/NTEE Category
Code: A99 - Arts
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