Overview
What is The Queens Library Foundation Inc?
The Queens Library Foundation Inc is a dedicated nonprofit organization, established in 1988, primarily focused on raising funds for Queens Public Library. Their mission involves supporting various library activities, divisions, and collections. The foundation has successfully secured funds from corporations, individuals, and foundations, totaling $1,081,793. This funding has been utilized to enhance educational opportunities for youth and teens, promote entrepreneurship, expand after-school programs, support early learning for toddlers, and offer resources for New Americans. Additionally, the Queens Library Foundation has invested $375,000 to install extended Wi-Fi devices at 40 library branches, enhancing internet access for communities with low broadband service rates. The foundation also disbursed unrestricted funds, benefiting Queens Public Library branches and facilitating the expansion of collections, events, and activities tailored to diverse community needs.
Official website here: www.queenslibrary.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 82%
The Queens Library Foundation Inc has received a Three-Star out of Four Star rating from Charity Navigator, indicating a solid performance in several key areas of accountability and community engagement. With a Culture & Community Score and Leadership & Adaptability Score both at 100, the organization demonstrates strong community involvement and effective leadership practices. The majority of its board members are independent, which supports transparent governance.
However, the Foundation's financial metrics reveal some areas for improvement, particularly in its Program Expense Ratio, which stands at 52.56%. This suggests that less than half of its expenditures are directed towards program services. Additionally, the Fundraising Efficiency Ratio is relatively low at $0.53, indicating that fundraising efforts may not be generating sufficient returns relative to their costs.
Despite these challenges, The Queens Library Foundation has shown resilience and adaptability, notably during the COVID-19 pandemic, and has established a robust set of governance policies. The organization is committed to ensuring accountability and promoting equity through a range of implemented practices, which bodes well for its future effectiveness in serving the community.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about The Queens Library Foundation Inc?
88% of 429 reviewers on Facebook recommend The Queens Library Foundation Inc. Here is a summary of their reviews:
Patrons express great enthusiasm for the Central Library in Jamaica, highlighting its extensive collection that includes a wide variety of books, DVDs, and music CDs. Many appreciate the modern design of the building, which offers a bright atmosphere filled with well-organized spaces, including tables, couches, and designated areas for children. The abundance of programs available for various age groups further enhances the library's appeal, making it a vibrant community hub.
Overall, the sentiment toward The Queens Library Foundation Inc is very positive, with many finding it to be a valuable resource that meets a diverse range of needs. The library not only delivers a comprehensive selection of materials but also provides a welcoming environment for learning and engagement for individuals and families alike.
This AI summary has been generated from reviews found on Facebook.
Is The Queens Library Foundation Inc legitimate?
The Queens Library Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Queens 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: $378,901
Professional Fundraising Fees: $166,680
Other Salaries and Wages: $485,915
For more financial information, click here
Official website here: www.queenslibrary.org
What is the mission statement of The Queens Library Foundation Inc?
The Queens Library Foundation Inc serves as the fundraising arm for Queens Public Library, with a mission to raise funds from various sources to support the library's wide range of free programs and services. The foundation's efforts have resulted in substantial support for initiatives such as career and educational pathways for youth and teens, entrepreneurship programs, after school programs, early learning programs, re-entry services, music and art classes, and resources for New Americans. Additionally, the foundation has secured funds for extending Wi-Fi service beyond library branches, benefiting neighborhoods with low broadband service. Unrestricted funds disbursed by the foundation have been used to expand collections, enhance events, and develop innovative programs at various library branches.
Official website here: www.queenslibrary.org
What is the revenue of The Queens Library Foundation Inc?
The Queens Library Foundation Inc's revenue in 2024 was $3,441,111.
Official website here: www.queenslibrary.org
Who are the executives of The Queens Library Foundation Inc and what are their salaries?
There 152 volunteers at The Queens Library Foundation Inc.
Here are 24 key members and their salaries:
- Compensation: $88,920
- Related: $266,761
- Other: $3,079
- Compensation: $5,247
- Related: $257,124
- Other: $79,024
- Compensation: $8,571
- Related: $205,709
- Other: $66,437
- Compensation: $46,568
- Related: $186,272
- Other: $45,362
- Compensation: $10,968
- Related: $208,389
- Other: $57,244
- Compensation: $12,153
- Related: $230,910
- Other: $31,436
- Compensation: $162,773
- Related: $18,086
- Other: $54,608
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Official website here: www.queenslibrary.org
Where can I find the form 990 for The Queens Library Foundation Inc?
The Queens Library Foundation Inc's most recent form 990 was submitted in 2024 and can be accessed here.
Official website here: www.queenslibrary.org
Learn more at the official website: www.queenslibrary.org
Mission Statement of The Queens Library Foundation Inc
The Queens Library Foundation, established in 1988, serves as the fundraising arm for Queens Public Library. Its primary mission is to gather financial support from foundations, corporations, and private individuals to bolster the multitude of free programs and services offered by Queens Public Library. By raising funds, the Foundation contributes to various initiatives aimed at empowering diverse communities. Some of the programs the Foundation supports include career and educational pathways for youth and teens, entrepreneurship programs for small business owners, after-school programs for children, early learning programs for toddlers, re-entry services for formerly incarcerated adults, and resources for New Americans.
Additionally, The Queens Library Foundation has allocated funds to enhance digital accessibility by installing extended Wi-Fi devices at 40 library branches, extending internet service beyond branch operating hours to benefit neighborhoods with limited broadband coverage. Furthermore, the Foundation disburses unrestricted funds to branches across the library system, enabling them to expand collections, organize events, and develop innovative programs that cater to the diverse needs of their communities. In essence, The Queens Library Foundation's mission is to bolster the capacity of Queens Public Library by securing funding for a wide range of programs and services that contribute to the personal growth, education, and well-being of the community it serves.
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Impact
July, 2024
The Queens Library Foundation Inc's impact can be seen in the diverse range of programs and services it supports at the Queens Public Library. Through fundraising efforts, the Foundation raised over $1 million to benefit youth and teens through educational pathways, assist aspiring entrepreneurs with entrepreneurship programs, provide after-school programs for children, offer early learning programs for toddlers, support re-entry services for formerly incarcerated adults, provide music and art classes for older adults, and offer resources for New Americans.
Additionally, the Foundation allocated $375,000 to install extended Wi-Fi devices at 40 branches, enabling access to the internet beyond operating hours, particularly in neighborhoods with low rates of broadband service. Furthermore, the disbursal of $242,386 in unrestricted funds to Queens Public Library branches has helped expand collections, support diverse community events, and develop innovative programs at 10 branches. The Foundation's efforts contribute to enriching education and community engagement in Jamaica, NY.
This information is meant to be a general summary of The Queens 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2024.
- Investment Income: $559,565
- Gross Receipts: $7,801,969
Assets and Liabilities:
- Total Assets: $22,489,630
- Total Liabilities: $346,772
- Net Assets: $22,142,858
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Organization Details
Founding Year
1988
Principal Officer
Susan Latham
Website
www.queenslibrary.orgNTEE Category
Code: B70 - Education
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