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Public 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: 850473266 ✦ Silver city, NM ✦ Designated as a 501(c)(3)

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Overview

What is Public Library Foundation Inc?

Public Library Foundation Inc, located in Silver City, New Mexico, is a nonprofit organization primarily focused on supporting the operations of the Silver City Public Library. Their mission is centered around enhancing the library's services and resources, ensuring it continues to serve the community effectively. The foundation's activities are geared towards promoting the library's operation, contributing to its growth, and ensuring its continued presence as a vital community resource.

What are the reviews and ratings of this charity?

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

The Public Library Foundation Inc has received a score of 80%, reflecting a solid rating of Three Stars based on its accountability and finance practices. The score is derived entirely from its Accountability & Finance beacon, indicating a strong emphasis on financial stewardship and transparency. This high rating signifies that the organization effectively manages its resources, ensuring that funds are used efficiently to support its mission.

Strengths of the organization include having a fully independent board, which scored a perfect 10 out of 10 for both majority independent board members and independent board size. Additionally, the foundation has demonstrated no material diversion of assets and maintains a robust conflict of interest policy, scoring 100% in these areas. The program expense ratio stands at an impressive 100%, suggesting that all expenditures are directed towards its charitable programs, which enhances its credibility.

While the organization showcases strong financial practices, this rating is primarily focused on accountability and finance without additional metrics for governance or impact. Therefore, while the foundation appears to be financially sound, potential donors may want to seek more information regarding its overall program effectiveness and community impact.


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

Is Public Library Foundation Inc legitimate?

Public Library Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Public 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 Public Library Foundation Inc?

The Public Library Foundation Inc's mission is centered around supporting the operations of a public library, specifically referring to the Silver City Public Library. This organization's role is pivotal in maintaining the functionality and services provided by this library. Their mission is a testament to the importance of libraries in communities, as they contribute to the dissemination of knowledge and resources for all. By supporting the library's operations, the Public Library Foundation Inc is instrumental in fostering an environment that encourages learning, research, and community engagement.

Who is the CEO of Public Library Foundation Inc?

Ted Lynn Jr is the President of Public Library Foundation Inc.

What is the revenue of Public Library Foundation Inc?

Public Library Foundation Inc's revenue in 2022 was $0.

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

There 4 volunteers at Public Library Foundation Inc.


Here are 4 key members and their salaries:


Mike Dowd (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
James Reynolds (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ted Lynn Jr (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kimberly Clark (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Public Library Foundation Inc?

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

Mission Statement of Public Library Foundation Inc

The Public Library Foundation Inc is committed to supporting the operations of the Silver City Public Library. This nonprofit organization's mission is centered around ensuring the smooth functioning of this vital community resource. By providing essential support, the Public Library Foundation Inc plays a crucial role in maintaining the library's services and resources, enabling it to continue serving the Silver City community effectively.

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Impact




October, 2024

Public Library Foundation Inc significantly enhances the operations of the Silver City Public Library in Silver City, NM. By providing essential support, it helps to maintain and improve library services, ensuring access to educational resources and community programs. This support directly contributes to fostering a more informed and engaged community, facilitating lifelong learning opportunities for residents of all ages. The Foundation's efforts are crucial in promoting literacy, education, and cultural enrichment, making the library a vital hub for knowledge and community engagement. By strengthening the library's capabilities, Public Library Foundation Inc plays an essential role in cultivating a thriving intellectual environment in Silver City.




This information is meant to be a general summary of Public 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
$0 (2022)
Expenses
$3,695 (2022)
Efficiency

Other financial information:

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

    Assets and Liabilities:

    • Total Assets: $0
    • Total Liabilities: $0
    • Net Assets: $0

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    Organization Details

    Founding Year

    2000

    Principal Officer

    Ted Lynn Jr

    Main Address

    515 W COLLEGE AVE, SILVER CITY, NM, 88061

    NTEE Category

    Code: B12 - Education

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