Anchor Point Public Library

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

EIN: 920105087 ✦ Anchor point, AK ✦ Designated as a 501(c)(3)

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Overview

What is Anchor Point Public Library?

Anchor Point Public Library is a nonprofit institution situated in Anchor Point, Alaska. Its primary objective is to serve the community by operating a library, providing resources for children's reading education, and offering access to computers and the internet for public use. With a small team of dedicated individuals, the library plays a significant role in fostering literacy and digital literacy within the community, contributing positively to the lives of its residents.


Official website here: www.anchorpointlibrary.com

What are the reviews and ratings of this charity?

Charity Navigator Rating: 56%, One-Star out of Four Star rating.

Anchor Point Public Library has received a score of 56%, resulting in a One-Star rating. This reflects significant concerns regarding its accountability and financial management practices. The library notably lacks independent board members and has not implemented essential policies such as a conflict of interest policy and a whistleblower policy, which are critical for organizational transparency and governance.

Despite these challenges, the library has demonstrated some strengths, particularly in its material diversion of assets and maintaining a favorable liabilities to assets ratio. Additionally, the library has successfully listed its website on tax forms and provided board meeting minutes, indicating some level of commitment to transparency. However, the lack of comprehensive governance policies and an independent board raises questions about its overall accountability.

In summary, while Anchor Point Public Library shows some positive financial metrics, its overall governance practices need considerable improvement. Stakeholders and potential donors may want to take these limitations into account when considering support for the organization.


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

Is Anchor Point Public Library legitimate?

Anchor Point Public Library is a legitimate nonprofit organization registered as a 501(c)(3) entity. Anchor Point Public Library 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: $6,489
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.anchorpointlibrary.com

What is the mission statement of Anchor Point Public Library?

The Anchor Point Public Library's mission is primarily focused on serving its community. It operates as a library, providing a space for children's reading education and fostering a learning environment. Additionally, the library offers Wi-Fi access, enabling community members to utilize digital resources. The library's activities are geared towards promoting literacy and digital connectivity, thereby contributing to the educational and informational needs of its users.


Official website here: www.anchorpointlibrary.com

Who is the CEO of Anchor Point Public Library?

Robert W Craig is the President of Anchor Point Public Library.


Official website here: www.anchorpointlibrary.com

What is the revenue of Anchor Point Public Library?

Anchor Point Public Library's revenue in 2022 was $35,872.


Official website here: www.anchorpointlibrary.com

Who are the executives of Anchor Point Public Library and what are their salaries?

The average compensation at Anchor Point Public Library during 2022 was $6,489. There is 1 employee and 5 volunteers at Anchor Point Public Library.


Here are 4 key members and their salaries:


Lora Craig (Secretary)
  • Compensation: $6,589
  • Related: $0
  • Other: $0
Robert W Craig (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joy A Mcmahill (Vice Preside)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mary E Perry (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.anchorpointlibrary.com

Where can I find the form 990 for Anchor Point Public Library?

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


Official website here: www.anchorpointlibrary.com

Learn more at the official website: www.anchorpointlibrary.com

Mission Statement of Anchor Point Public Library

Anchor Point Public Library, a vital community resource, is dedicated to serving the residents of Anchor Point, Alaska. Its primary mission lies in operating a library that caters to the needs of both children and adults. One of its key objectives is to foster children's reading education, providing a nurturing environment where young minds can grow and learn. Additionally, the library offers Wi-Fi access, ensuring that the community stays connected in today's digital age. By providing these resources, Anchor Point Public Library serves as a hub for community engagement and learning, promoting literacy and digital literacy among its patrons.

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Impact




August, 2024

Anchor Point Public Library has a significant impact on the community of Anchor Point, Alaska, by providing essential resources and services such as children's reading education and access to Wi-Fi. The library plays a crucial role in promoting literacy, education, and digital inclusion among residents of all ages. By offering a welcoming space for learning and connectivity, the Anchor Point Public Library contributes positively to the social and intellectual development of the local community.




This information is meant to be a general summary of Anchor Point Public Library. 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
$35,872 (2022)
Expenses
$28,797 (2022)
Efficiency

Other financial information:

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

  • Program Service Revenue: $2,338
  • Gross Receipts: $72,836

Assets and Liabilities:

  • Total Assets: $611,811
  • Total Liabilities: $152,897
  • Net Assets: $458,914

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

LIBRARY SALES & FEES

Revenue

$2,338

Organization Details

Founding Year

1988

Principal Officer

Robert W Craig

Main Address

PO BOX 129, ANCHOR POINT, AK, 99556

NTEE Category

Code: B70 - Education

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