Overview
What is Finger Lakes Library System?
The Finger Lakes Library System is a nonprofit organization situated in Ithaca, New York, specifically at 1300 Dryden Road. Its primary objective is to stimulate, coordinate, and strengthen library and information services within the regions of Cayuga, Cortland, Seneca, Tioga, and Tompkins counties. The organization aims to achieve this by fostering collaboration and enhancing the quality of library services across these areas. With a workforce of 21 individuals, the Finger Lakes Library System plays a significant role in promoting knowledge and information accessibility within its community.
Official website here: www.flls.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96% (Four-Star out of Four Stars)
The Finger Lakes Library System has earned an impressive Four-Star rating from Charity Navigator, reflecting its strong performance in accountability and finance. With a score of 96%, the organization demonstrates high transparency and effective governance, with 100% independent board members and no material diversion of assets reported. This level of oversight is crucial in ensuring that resources are effectively managed and directed towards fulfilling the organization’s mission.
The organization excels in its financial health, boasting a low liabilities to assets ratio of 4.49% and a program expense ratio of 82.37%. This indicates that the majority of its expenditures are allocated directly to its programs, enhancing its operational efficiency. Additionally, the library system has well-structured policies in place, including conflict of interest, whistleblower, and document retention policies, which contribute to its overall accountability.
While the Finger Lakes Library System shows strong financial practices and governance, ongoing evaluation of its programs and community impact will be essential to maintain and improve its effectiveness. Overall, the organization is positioned well to continue serving its community and meeting the needs of library patrons in the region.
This AI summary has been generated from information found on Charity Navigator.
Is Finger Lakes Library System legitimate?
Finger Lakes Library System is a legitimate nonprofit organization registered as a 501(c)(3) entity. Finger Lakes Library System 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: $108,200
Professional Fundraising Fees: $0
Other Salaries and Wages: $420,366
For more financial information, click here
Official website here: www.flls.org
What is the mission statement of Finger Lakes Library System?
The Finger Lakes Library System is committed to stimulating, coordinating, and strengthening library and information services within the regions of Cayuga, Cortland, Seneca, Tioga, and Tompkins Counties. Their mission is to promote the development and enhancement of these services, ultimately aiming to improve access to knowledge and information for the local communities. This organization serves as a catalyst for collaboration and growth within the library sector, ensuring that residents in these areas have access to high-quality library services.
Official website here: www.flls.org
What is the revenue of Finger Lakes Library System?
Finger Lakes Library System's revenue in 2023 was $2,163,285.
Official website here: www.flls.org
Who are the executives of Finger Lakes Library System and what are their salaries?
The average compensation at Finger Lakes Library System during 2023 was $25,170. There are 21 employees at Finger Lakes Library System.
Here are 11 key members and their salaries:
- Compensation: $108,200
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Official website here: www.flls.org
Where can I find the form 990 for Finger Lakes Library System?
Finger Lakes Library System's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.flls.org
Learn more at the official website: www.flls.org
Mission Statement of Finger Lakes Library System
The Finger Lakes Library System is a nonprofit organization with a mission to inspire, facilitate, and enhance library and information services across Cayuga, Cortland, Seneca, Tioga, and Tompkins counties. This mission is geared towards stimulating collaboration, coordination, and strengthening the libraries and information resources within these counties, ultimately aiming to improve the accessibility and quality of such services for the communities they serve.
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Impact
October, 2024
The Finger Lakes Library System has a significant impact on the communities of Cayuga, Cortland, Seneca, Tioga, and Tompkins Counties by stimulating, coordinating, and strengthening library and information services. By providing essential resources and support, the system enhances educational opportunities and access to information for residents across these regions.
Through collaborative initiatives, the library system fosters partnerships among local libraries, enabling them to share resources, best practices, and programs that benefit patrons. This collaborative approach not only improves the quality of library services but also promotes wider community engagement and literacy.
Furthermore, the Finger Lakes Library System plays a crucial role in addressing the diverse informational needs of the population, ensuring that residents have the tools they need for lifelong learning, personal growth, and community involvement. By empowering local libraries and supporting their missions, the system enriches the cultural and intellectual landscape of the Finger Lakes region.
This information is meant to be a general summary of Finger Lakes Library System. 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 2023.
- Investment Income: $14,265
- Program Service Revenue: $372,508
- Gross Receipts: $2,163,285
Assets and Liabilities:
- Total Assets: $3,833,789
- Total Liabilities: $172,456
- Net Assets: $3,661,333
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
SALES/SERVICES TO MEMBERS
Revenue
$348,181
SERVICES TO MUNICIPALITIE
Revenue
$24,327
Organization Details
Founding Year
1965
Principal Officer
Martin Toombs
Website
www.flls.orgNTEE Category
Code: B71C - Education
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