Overview
What is Triangle Research Libraries Network Inc?
Triangle Research Libraries Network Inc, based in Durham, North Carolina, is a collaborative organization comprising Duke University, North Carolina Central University, North Carolina State University, and the University of North Carolina at Chapel Hill. The primary objective of this nonprofit is to pool together the financial, human, and information resources of their research libraries through collaborative efforts. By doing so, they aim to establish a comprehensive and unmatched knowledge environment that supports the teaching, research, learning, and service missions of these universities. The network implements and manages a shared library catalog and resource-sharing software systems, enabling users from all four TRLN member libraries to search for and request materials held at any of the institutions. This shared system enhances the overall accessibility and utilization of resources within the network, thereby enriching the academic experience for students and researchers alike.
Official website here: www.trln.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 73%, earning it a Two-Star out of Four Star rating. The rating reflects an overall score of 73% in accountability and finance, indicating that while the organization demonstrates some strengths, there are significant areas needing improvement.
The Triangle Research Libraries Network Inc shows a strong governance structure with 88% of its board members being independent. It has a solid program expense ratio of 91.65%, suggesting that a significant portion of its resources is dedicated to its programs. However, the absence of financial statements and certain governance policies, such as a whistleblower and document retention policy, raise concerns about transparency and compliance.
Additionally, the organization has received full points for its material diversion of assets and liabilities to assets ratio, indicating good financial health. However, the lack of posted tax forms and missing governance policies could hinder trust and accountability. Overall, while the organization displays commendable aspects, addressing the noted limitations could enhance its rating and operational integrity.
This AI summary has been generated from information found on Charity Navigator.
Is Triangle Research Libraries Network Inc legitimate?
Triangle Research Libraries Network Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Triangle Research Libraries Network 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: $168,161
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.trln.org
What is the mission statement of Triangle Research Libraries Network Inc?
The Triangle Research Libraries Network (TRLN) is a collaborative organization consisting of Duke University, North Carolina Central University, North Carolina State University, and the University of North Carolina at Chapel Hill. Its mission is to leverage the financial, human, and information resources of their research libraries through cooperative efforts. This collaboration aims to establish a rich and unmatched knowledge environment that supports and enhances the teaching, research, learning, and service missions of these universities. In essence, TRLN seeks to strengthen the academic community by pooling resources and fostering a shared knowledge base.
Official website here: www.trln.org
Who is the CEO of Triangle Research Libraries Network Inc?
Lisa Croucher is the Executive Director of Triangle Research Libraries Network Inc.
Official website here: www.trln.org
What is the revenue of Triangle Research Libraries Network Inc?
Triangle Research Libraries Network Inc's revenue in 2022 was $1,749,190.
Official website here: www.trln.org
Who are the executives of Triangle Research Libraries Network Inc and what are their salaries?
Here are 12 key members and their salaries:
- Compensation: $105,117
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- Other: $19,298
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- Compensation: $45,674
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- Other: $10,137
Official website here: www.trln.org
Where can I find the form 990 for Triangle Research Libraries Network Inc?
Triangle Research Libraries Network Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.trln.org
Learn more at the official website: www.trln.org
Mission Statement of Triangle Research Libraries Network Inc
Triangle Research Libraries Network (TRLN) is a collaborative organization comprising Duke University, North Carolina Central University, North Carolina State University, and the University of North Carolina at Chapel Hill. Its mission is to leverage the financial, human, and information resources of their research libraries through cooperative efforts. The primary goal is to establish a rich and unparalleled knowledge environment that supports the universities' teaching, research, learning, and service missions. By working together, TRLN aims to enhance the collective strength and capacity of its member libraries, ultimately benefiting the academic community and fostering intellectual growth.
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Impact
July, 2024
Triangle Research Libraries Network Inc has a significant impact on the academic community by facilitating collaborative efforts among Duke University, North Carolina Central University, North Carolina State University, and the University of North Carolina at Chapel Hill. By pooling their financial, human, and information resources, TRLN creates a rich and unparalleled knowledge environment that supports the universities' teaching, research, learning, and service missions. Through the implementation and management of a shared library catalog and resource-sharing software systems and activities, TRLN enables users at the member libraries to easily search for and request materials held across all four institutions. This results in increased access to a wealth of resources that enhance the academic experience and contribute to the advancement of scholarly pursuits.
This information is meant to be a general summary of Triangle Research Libraries Network 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.
- Program Service Revenue: $1,240,990
- Gross Receipts: $1,749,190
Assets and Liabilities:
- Total Assets: $603,803
- Total Liabilities: $0
- Net Assets: $603,803
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
SUBSCRIPTION FEES
Revenue
$1,240,990
Organization Details
Founding Year
2020
Phone
(919) 660-8756Principal Officer
Lisa Croucher
Main Address
BOX 90275 411 CHAPEL DRIVE, DURHAM, NC, 27708
Website
www.trln.orgNTEE Category
Code: B70 - Education
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