World Public Library Association
Nonprofit profile at a glance
- EIN
- 205962542
- IRS 990 coverage
- 2012–2012
- Forms available
- Form 990 2012
- Location
- Honolulu, HI, USA
- Phone
- 8082922068
- Rating confidence
- Limited
- Sector
- Libraries
Reported finances
- Revenue
- $491,146
- Expenses
- $494,125
- Assets
- $589,979
- Liabilities
- $0
Source: IRS Form 990. Selected filing: tax year 2012. Amounts in USD.
Leadership & pay
5 people listed
Source: IRS Form 990. Selected filing: tax year 2012. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
The world public library is an internet based library, shelving digital books, enabling innovations in technology to preserve and disseminate classic works of literature, serials, bibliographies, dictionaries, encyclopedias, and other reference works in a number of languages and countries around the world. Our mission is to serve the public, aid students and educators by providing free public access to the world's most complete collection of electronic texts online as well as offer an enhanced members supported collection. All ebooks are carefully selected to offer online support to educators by providing them with a variety of services and resources that support and strengthen the instructional programs of education, elementary through post baccalaureate studies. This file was produced as part of the "ebook campaign" to promote literacy, accessibility, and enhanced reading. Authors, libraries and technologists unite to expand reading with ebooks. The world public library permits copie
What it reported doing in 2012
Our mission is to serve the public, aid students and educators by providing free public access to the world's most complete collection of electronic texts online as well as offer an enhanced members supported collection.
Operating model
- Revenue model
- Membership-supported. 100% of the money available for current operations came from membership dues.
- Distribution model
- Cannot be determined from the filing. The filing does not provide enough consistent spending detail to tell whether the nonprofit works directly or through others.
The verdict
- The available evidence is not sufficient to produce an overall rating for this filing. This is not a warning sign.
Rating breakdown
- Financial Efficiency: NotEnoughData
- Transparency & Controls: 92
- Accountability: 63
- Sustainability: 45
- Growth: NotEnoughData
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: Limited
- Program expense ratio: Limited
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 60th percentile among comparable filings
- Pay-setting controls: Limited
- Foreign activity oversight: Limited
- Grant itemization coverage: Limited
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Limited
Accountability
- Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
- Governance controls: 1 of 9 controls in place; rating input score 12
- Conflict-of-interest policy: Fail
- Whistleblower policy: Fail
- Document-retention policy: Fail
- CEO compensation review process: Limited
- Other executive compensation review process: Fail
- Form 990 shared with the board: Fail
- Board meeting minutes documented: Pass
- Audit committee oversight: Missing
- Independent financial-statement audit: Fail
Sustainability
- Operating margin: -0.6%; rating input score 41; 41st percentile among comparable filings
- Total-asset coverage ratio: 1.19; rating input score 48; 48th percentile among comparable filings
- Liabilities to assets ratio: 0; rating input score 87; 87th percentile among comparable filings
- Officer compensation ratio: 29.5%; rating input score 11; 11th percentile among comparable filings
Growth
- Program expense growth: Limited
- Revenue growth: Limited
- Asset growth: Limited
Details
- Where the money goes: Financial trends and filed revenue, expense, asset, and liability detail
- Governance: 5 of 5 board members independent · 1 of 9 filing controls reported
- Programs: 2 filed program accomplishments · $438K in reported program spending
- Leadership: top reported pay $96K · 5 people listed
- Consistency: 22 of 22 current checks pass
- Schedules: 4 filed schedules · includes major donors
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
Grant-readiness screening is separate from the live rating, not a measure of program quality. Review the source records before making a grant decision.
- High — Accountability: Governance controls: 6 of 7 not reported.
- Moderate — Sustainability: Operating margin scored 41/100.
- Moderate — Sustainability: Total-asset coverage ratio scored 48/100.
- High — Sustainability: Officer compensation ratio scored 11/100.
- High — Grant Readiness: Automatic revocation: this organization had its federal tax-exempt status automatically revoked.