Overview
What is Friends Of The Narragansett Library?
Friends of the Narragansett Library is a nonprofit organization situated at 35 Kingstown Road, Narragansett, Rhode Island 02882. Its primary mission is to support and promote library efforts, fostering an association of individuals interested in the library. The organization seeks to enhance understanding of library functions, resources, and services, while stimulating increased financial support. Additionally, Friends of the Narragansett Library sponsors programs to enrich the local culture. In practice, they purchased supplies and services to bolster programs for both adults and children, and donated funds to the Town of Narragansett for constructing a new library.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 71%, Two-Star out of Four Star rating
Friends Of The Narragansett Library has received a two-star rating from Charity Navigator, indicating that while there are several strengths in its accountability and finance practices, there are significant areas that need improvement. The organization boasts a high program expense ratio of 98.17%, suggesting that a substantial portion of its funds is allocated directly to its programs, which is a positive indicator of its commitment to fulfilling its mission.
However, notable limitations have been identified in the nonprofit's operations. Specifically, the organization has received a score of zero for missing financial statements and several key governance policies, including a conflict of interest policy and a whistleblower policy. Additionally, the website is not listed on the tax form, which raises concerns about transparency and accessibility of information for potential donors and stakeholders.
Overall, while Friends Of The Narragansett Library demonstrates strong financial management in certain areas, the lack of essential governance policies and public financial documentation may hinder its credibility and effectiveness in the eyes of potential supporters. Addressing these deficiencies could help improve its rating and foster greater trust within the community it serves.
This AI summary has been generated from information found on Charity Navigator.
Is Friends Of The Narragansett Library legitimate?
Friends Of The Narragansett Library is a legitimate nonprofit organization registered as a 501(c)(3) entity. Friends Of The Narragansett 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
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What is the mission statement of Friends Of The Narragansett Library?
The mission of Friends Of The Narragansett Library is centered around supporting library initiatives. This organization serves as a platform for individuals with a shared interest in libraries. Its primary objective is to foster increased knowledge and understanding of library functions, resources, and services. Furthermore, Friends Of The Narragansett Library aims to stimulate increased financial support for libraries and sponsor programs that contribute to local culture. The organization's activities also extend to promoting the library and its offerings, with a focus on enhancing its resources and services.
Who is the CEO of Friends Of The Narragansett Library?
Mary Ann Grintchenko is the President of Friends Of The Narragansett Library.
What is the revenue of Friends Of The Narragansett Library?
Friends Of The Narragansett Library's revenue in 2022 was $684,991.
Who are the executives of Friends Of The Narragansett Library and what are their salaries?
There 100 volunteers at Friends Of The Narragansett Library.
Here are 7 key members and their salaries:
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Where can I find the form 990 for Friends Of The Narragansett Library?
Friends Of The Narragansett Library's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Friends Of The Narragansett Library
Friends of the Narragansett Library is an organization dedicated to promoting library efforts and fostering a community of individuals with an interest in the library. Their mission is threefold: firstly, they aim to increase understanding and knowledge of library functions, resources, and services. Secondly, they strive to stimulate financial support for the library by rallying the community. Lastly, they sponsor programs to enrich the local culture. By doing so, Friends of the Narragansett Library plays a vital role in enhancing the library's capabilities and adding to the cultural landscape of the community. The organization's activities include purchasing supplies and services to support various programs, as well as distributing funds to support the construction of a new library. Overall, Friends of the Narragansett Library serves as a powerful advocate for the library and its role in the community, working to ensure that it remains a vital resource and cultural hub.
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Impact
July, 2024
Friends Of The Narragansett Library's impact can be seen in their dedicated support for library efforts. By maintaining an association of individuals interested in the library, promoting understanding of library functions and services, and stimulating financial support, they have significantly enhanced the resources available to the community. One notable achievement is their contribution towards the construction of a new library in the town of Narragansett, demonstrating their commitment to promoting local culture and accessibility to educational resources. Through the purchase of supplies and services for various programs catering to both adults and children, the organization has played a vital role in enriching the library experience for residents.
This information is meant to be a general summary of Friends Of The Narragansett 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Gross Receipts: $684,991
Assets and Liabilities:
- Total Assets: $39,369
- Total Liabilities: $0
- Net Assets: $39,369
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Organization Details
Founding Year
2008
Principal Officer
Mary Ann Grintchenko
Main Address
35 Kingstown Road, Narragansett, RI, 02882
NTEE Category
Code: P20 - Human services
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