Overview
What is Poudre River Library Trust Inc?
Poudre River Library Trust Inc is a nonprofit organization based in Fort Collins, Colorado. Their primary mission is to accumulate resources to aid in the enhancement of public library programming and meet its capital requirements. By establishing these assets, they contribute significantly to the library's ability to provide engaging programs and address its infrastructure needs. The organization operates with a commitment to supporting the community's access to knowledge and educational resources through their public library.
Official website here: www.poudrelibraries.org/trust/
What are the reviews and ratings of this charity?
Charity Navigator Rating: 84%, Three-Star out of Four Star rating.
Poudre River Library Trust Inc has received an 84% score from Charity Navigator, resulting in a Three-Star rating. This score is based entirely on their accountability and finance practices, which reflect a strong emphasis on transparency and governance. The organization boasts a fully independent board of directors, with all eight members meeting independence criteria, which contributes positively to their score.
The charity has demonstrated sound financial management, evidenced by a liability-to-assets ratio of 0.00%, indicating no liabilities compared to its assets. The organization also has well-documented policies, including conflict of interest and whistleblower policies, all of which adhere to best practices in nonprofit governance.
However, there are areas for improvement, particularly regarding the percentage of expenses allocated to programs, which sits at 59.53%. While this is a reasonable figure, it suggests that there may be room for greater efficiency in how funds are utilized for direct programming versus administrative costs. Overall, the Poudre River Library Trust showcases strong accountability and governance, but attention to program expenses could enhance its operational effectiveness.
This AI summary has been generated from information found on Charity Navigator.
Is Poudre River Library Trust Inc legitimate?
Poudre River Library Trust Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Poudre River Library Trust 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.poudrelibraries.org/trust/
What is the mission statement of Poudre River Library Trust Inc?
The Poudre River Library Trust Inc's mission is centered around establishing necessary resources to bolster public library programming and address its capital needs. By doing so, they aim to enhance the library's offerings and infrastructure. In essence, their goal is to ensure the library thrives and continues to serve its community effectively. The trust primarily supports the library's initiatives, contributing to a richer, more accessible library experience for patrons.
Official website here: www.poudrelibraries.org/trust/
Who is the CEO of Poudre River Library Trust Inc?
Joey Hoefler is the President of Poudre River Library Trust Inc.
Official website here: www.poudrelibraries.org/trust/
What is the revenue of Poudre River Library Trust Inc?
Poudre River Library Trust Inc's revenue in 2022 was $56,496.
Official website here: www.poudrelibraries.org/trust/
Who are the executives of Poudre River Library Trust Inc and what are their salaries?
There 8 volunteers at Poudre River Library Trust Inc.
Here are 8 key members and their salaries:
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Official website here: www.poudrelibraries.org/trust/
Where can I find the form 990 for Poudre River Library Trust Inc?
Poudre River Library Trust Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.poudrelibraries.org/trust/
Learn more at the official website: www.poudrelibraries.org/trust/
Mission Statement of Poudre River Library Trust Inc
Poudre River Library Trust Inc is an organization committed to enriching public library programming and meeting its capital needs. Their mission, as stated, is to establish and manage resources that will bolster the library's initiatives and infrastructure. In essence, Poudre River Library Trust Inc is dedicated to ensuring the continued growth and success of public libraries by providing the necessary financial support. This mission is crucial in enabling libraries to offer a wide range of programs and services to their communities, enhancing the overall quality of life.
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Impact
August, 2024
Poudre River Library Trust Inc's impact lies in establishing asset resources to support public library programming and its capital needs, ultimately enhancing the quality and accessibility of library services in Fort Collins, CO. This support plays a crucial role in fostering community engagement, promoting literacy, and providing resources for lifelong learning opportunities for individuals of all ages. The organization's focus on philanthropy directly translates into tangible benefits for the community by ensuring the sustainability and growth of public library resources and programs.
This information is meant to be a general summary of Poudre River Library Trust 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: $18,437
- Gross Receipts: $56,496
Assets and Liabilities:
- Total Assets: $643,634
- Total Liabilities: $0
- Net Assets: $643,634
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Organization Details
Founding Year
1999
Phone
(970) 221-6740Principal Officer
Joey Hoefler
Main Address
PO BOX 1474, FORT COLLINS, CO, 80522
NTEE Category
Code: T11 - Philanthropy
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