Overview
What is Franklin Free Library?
Franklin Free Library is a nonprofit organization located in Franklin, New York, serving the local community and its vicinity. The primary mission of this organization is to provide a free public library service, catering to the needs of the area's residents. With a dedicated workforce of five individuals, Franklin Free Library offers a wide range of resources, ensuring that everyone in the community has access to books and other educational materials. The library's mission is deeply rooted in the belief that knowledge and literature are fundamental tools for personal growth and community development.
Official website here: www.franklinfreelibrary.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 97%, Four-Star out of Four Star Rating
The Franklin Free Library has achieved an impressive Four-Star rating from Charity Navigator, reflecting its strong commitment to accountability and financial health. This high score is based entirely on a single beacon score, indicating that the library excels in governance and transparency, essential factors for donor trust.
The library's governance is notable, with a fully independent board of directors and no material diversion of assets. It has received full marks across various assessment criteria, including conflict of interest and whistleblower policies, which underscore its dedication to ethical practices. Additionally, the library demonstrates excellent financial management, with a program expense ratio of 96.02%, suggesting that it allocates a significant portion of its budget directly to its core mission.
Despite the commendable score and transparency, there are no reported limitations in the data that may affect its overall performance. The Franklin Free Library stands out as a model of effective nonprofit operation, prioritizing both its programs and accountable financial practices.
This AI summary has been generated from information found on Charity Navigator.
Is Franklin Free Library legitimate?
Franklin Free Library is a legitimate nonprofit organization registered as a 501(c)(3) entity. Franklin Free 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: $33,935
For more financial information, click here
Official website here: www.franklinfreelibrary.org
What is the mission statement of Franklin Free Library?
The Franklin Free Library's mission is centered around providing a free public library service to the local community. This organization strives to make literary resources accessible to residents, serving the area of Franklin, New York, and its vicinities. By offering a free library service, the library contributes to fostering knowledge, education, and cultural enrichment within the community.
Official website here: www.franklinfreelibrary.org
What is the revenue of Franklin Free Library?
Franklin Free Library's revenue in 2024 was $74,035.
Official website here: www.franklinfreelibrary.org
Who are the executives of Franklin Free Library and what are their salaries?
The average compensation at Franklin Free Library during 2024 was $8,484. There are 4 employees and 25 volunteers at Franklin Free Library.
Here are 8 key members and their salaries:
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Official website here: www.franklinfreelibrary.org
Where can I find the form 990 for Franklin Free Library?
Franklin Free Library's most recent form 990 was submitted in 2024 and can be accessed here.
Official website here: www.franklinfreelibrary.org
Learn more at the official website: www.franklinfreelibrary.org
Mission Statement of Franklin Free Library
Franklin Free Library, a nonprofit organization, is committed to providing a vital service to the local community. Its mission is to establish and maintain a free public library, catering to the residents of Franklin, New York, and its surroundings. By offering a diverse collection of books, resources, and digital materials, the library aims to foster a love for learning and knowledge among its patrons. This commitment extends beyond traditional library services, as Franklin Free Library also strives to be a hub for community engagement and education, providing a welcoming space for individuals to gather, learn, and grow.
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Impact
August, 2024
Franklin Free Library provides vital access to educational resources and opportunities for the residents of the town of Franklin, New York, and the surrounding area. Through its free library service, the organization plays a crucial role in promoting literacy, lifelong learning, and community engagement. Its impact is felt in empowering individuals of all ages to explore new skills, knowledge, and ideas, thereby contributing to the intellectual and personal growth of the community. By offering a diverse collection of books, digital resources, and educational programs, Franklin Free Library serves as a beacon of knowledge and enlightenment for the local residents, fostering a culture of learning and enrichment.
This information is meant to be a general summary of Franklin Free 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 2024.
- Investment Income: $8,593
- Program Service Revenue: $1,459
- Gross Receipts: $97,889
Assets and Liabilities:
- Total Assets: $554,777
- Total Liabilities: $0
- Net Assets: $554,777
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
COPIER, PRINTER & FAX FEES
Revenue
$1,459
Organization Details
Founding Year
1905
Principal Officer
Cynthia Pinney
Website
www.franklinfreelibrary.orgNTEE Category
Code: B70 - Education
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