Roswell Library Foundation Inc

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 850270665 ✦ Roswell, NM ✦ Designated as a 501(c)(3)

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Overview

What is Roswell Library Foundation Inc?

The Roswell Library Foundation Inc, located in Roswell, New Mexico, is a nonprofit organization that significantly contributes to the Roswell Public Library. Their primary focus is on funding programs and projects that foster learning, inspiration, and connection within the local community. They have supported the redesign and expansion of children's programs, making them age-appropriate and promoting school readiness. This includes weekly sessions like Mother Goose on the Loose in English and Spanish for infants and toddlers, as well as Preschool Storytime and Music and Movement for preschoolers. Additionally, they fund hand-on Science, Technology, Reading, Arts, and Math programs for elementary and middle school students. The Foundation also organizes special educational events for families, such as the Yuletide Festival, Dia de Los Muertos, and Spring Break Rocket Camp, among others.

What are the reviews and ratings of this charity?

Charity Navigator Rating: 80%, Three-Star out of Four Star rating

The Roswell Library Foundation Inc has received an 80% rating from Charity Navigator, reflecting a solid performance in accountability and finance. This score is based exclusively on their accountability measures, which indicate strong management practices. The charity boasts a fully independent board, with all 12 members meeting independence standards, and has demonstrated no material diversion of assets.

Financially, the organization shows commendable performance with a program expense ratio of 87.33%, ensuring that the majority of its funds are allocated directly to its programs. Additionally, the foundation maintains a minimal liability to assets ratio of 0.00%, suggesting sound financial health. Their commitment to transparency is evident through documented board meeting minutes and a listed conflict of interest policy.

While the foundation has shown strengths in governance and financial management, areas for improvement are not specifically noted in the available data. Overall, the Roswell Library Foundation Inc appears to be a reliable organization for potential donors and supporters.


This AI summary has been generated from information found on Charity Navigator.

Is Roswell Library Foundation Inc legitimate?

Roswell Library Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Roswell 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here

What is the mission statement of Roswell Library Foundation Inc?

The Roswell Library Foundation's mission is to support educational, inspiring, and connective programs and projects at the Roswell Public Library. By funding these initiatives, the foundation aims to foster school readiness in preschool children, offer engaging activities for elementary and middle school students, and host special events for families. The foundation's efforts include weekly programs like Mother Goose on the Loose, Preschool Storytime, Music and Movement, and Science, Technology, Reading, Arts, and Math sessions. Additionally, they organize annual events such as the Yuletide Festival, Dia de Los Muertos, and Dia Children's Day/Book Day, among others.

Who is the CEO of Roswell Library Foundation Inc?

Adriann Ragsdale is the President of Roswell Library Foundation Inc.

What is the revenue of Roswell Library Foundation Inc?

Roswell Library Foundation Inc's revenue in 2022 was $38,668.

Who are the executives of Roswell Library Foundation Inc and what are their salaries?

There 12 volunteers at Roswell Library Foundation Inc.


Here are 12 key members and their salaries:


Troy Hays (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Adriann Ragsdale (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kurt Gass (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Barbara Hannifin (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dorothy Redd (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Wes Belding (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Anna Maria Matteucci (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Amy Miller (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Alyssa Rogers (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lori Berry (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Cassie Holloway (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Enid Costley (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Roswell Library Foundation Inc?

Roswell Library Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Roswell Library Foundation Inc

The Roswell Library Foundation, a benevolent organization, plays a pivotal role in supporting the Roswell Public Library by funding various educational, inspiring, and connection-building programs and projects. Its mission is geared towards enhancing the lives of the community residents in Roswell, New Mexico, by providing age-appropriate activities that foster preschool children's school readiness. This is achieved through weekly programs such as Mother Goose on the Loose, an interactive session for infants and toddlers, and Preschool Storytime, which engages young children with literary content. Moreover, the Foundation sponsors engaging Science, Technology, Reading, Arts, and Math (STEAM) programs for elementary and middle school students, fostering a love for learning and discovery.

In addition to these initiatives, the Roswell Library Foundation organizes special educational programs for families, such as festive events like Yuletide Festival and Dia de Los Muertos. These events not only celebrate diverse cultural traditions but also promote literacy and community bonding. The Foundation also offers music programs, like Spring Break Rocket Camp, which blend entertainment and education, providing a fun and enriching experience for the participants. In summary, the Roswell Library Foundation's mission is centered on empowering the community by funding programs that stimulate learning, inspire creativity, and foster connections, ultimately contributing to a more educated and engaged population.

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Impact




August, 2024

The Roswell Library Foundation Inc has had a significant impact on the community of Roswell, New Mexico by supporting the Roswell Public Library in funding programs and projects that educate, inspire, and connect the people of the city. Some of the specific projects that the Foundation has assisted with include redesigning and expanding children's programs to be age-appropriate, encouraging preschool children's school readiness, offering weekly programs in both English and Spanish, and funding hands-on programs in science, technology, reading, arts, and math for elementary and middle school students. Additionally, the Foundation has organized special educational programs for families such as the Yuletide Festival, Dia de Los Muertos, Dia Children's Day/Book Day, Spring Break Rocket Camp, and various music programs. Through these initiatives, the Roswell Library Foundation Inc has made a positive impact on the community by promoting education, creativity, and cultural engagement among residents of all ages.




This information is meant to be a general summary of Roswell 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.

Revenue
$38,668 (2022)
Expenses
$69,743 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $29,327
  • Gross Receipts: $143,165

Assets and Liabilities:

  • Total Assets: $706,213
  • Total Liabilities: $0
  • Net Assets: $706,213

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Organization Details

Founding Year

1974

Principal Officer

Adriann Ragsdale

Main Address

301 N Pennsylvania, Roswell, NM, 88201

NTEE Category

Code: B70 - Education

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