Overview
What is Polo Library Foundation Nfpn?
The Polo Library Foundation NFPN is a nonprofit organization situated in Polo, Illinois. Its primary objective is to elevate and diversify educational programs at the Polo Library, thereby benefiting its community members. The foundation is dedicated to improving library services and fostering a learning environment that caters to various constituents.
What are the reviews and ratings of this charity?
Charity Navigator Rating: Two-Star out of Four Star rating (73%)
The Polo Library Foundation Nfpn has received a two-star rating from Charity Navigator, indicating that while the organization demonstrates a reasonable level of accountability and finance management, there are areas that require improvement. The foundation scored well on several metrics, including having a fully independent board and a commendable program expense ratio of 84.14%, which suggests that a significant portion of its funds goes directly to its programs.
Strengths of the foundation include excellent marks for board independence and oversight, with a perfect score on the majority of independent board members and board size. Additionally, the organization has a strong track record in managing its liabilities, reporting a 0.00% ratio, which reflects good financial health in terms of asset management.
However, the overall rating of "Needs Improvement" indicates that there may be concerns about other operational aspects that could be addressed to enhance performance and transparency. The foundation would benefit from focusing on areas highlighted for growth to improve its standing and effectiveness in fulfilling its mission.
This AI summary has been generated from information found on Charity Navigator.
Is Polo Library Foundation Nfpn legitimate?
Polo Library Foundation Nfpn is a legitimate nonprofit organization registered as a 501(c)(3) entity. Polo Library Foundation Nfpn 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.
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What is the mission statement of Polo Library Foundation Nfpn?
The Polo Library Foundation NFPN's mission is centered around improving public library programs and providing a wide array of educational opportunities for its constituents. This non-profit organization strives to enrich the library experience by introducing various learning opportunities. The foundation operates within its specified area, contributing to the Polo Library community.
Who is the CEO of Polo Library Foundation Nfpn?
Greg Cross is the President of Polo Library Foundation Nfpn.
What is the revenue of Polo Library Foundation Nfpn?
Polo Library Foundation Nfpn's revenue in 2023 was $44,394.
Who are the executives of Polo Library Foundation Nfpn and what are their salaries?
Here are 7 key members and their salaries:
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Where can I find the form 990 for Polo Library Foundation Nfpn?
Polo Library Foundation Nfpn's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Polo Library Foundation Nfpn
The Polo Library Foundation NFPN is committed to enriching public library programs and providing diverse educational opportunities for its constituents. Located in Polo, this nonprofit organization strives to elevate the library experience, offering a wide range of educational resources and activities to its local community. By focusing on public library programs, the Polo Library Foundation NFPN aims to foster a learning environment that caters to the needs and interests of its patrons, ensuring that they have access to a variety of educational opportunities.
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Impact
August, 2024
Polo Library Foundation Nfpn's impact is significant in enhancing public library programs and providing diverse educational opportunities to the residents of Polo, Illinois. Through its initiatives, the foundation has helped improve the quality of library services and create enriching educational experiences for the community members. By focusing on education and supporting the development of library programs, Polo Library Foundation Nfpn plays a vital role in fostering learning and growth among Polo's constituents.
This information is meant to be a general summary of Polo Library Foundation Nfpn. 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: $44,394
- Gross Receipts: $61,378
Assets and Liabilities:
- Total Assets: $792,144
- Total Liabilities: $0
- Net Assets: $792,144
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Organization Details
Founding Year
2005
Phone
(815) 946-2777Principal Officer
Greg Cross
Main Address
302 WEST MASON, POLO, IL, 61064
NTEE Category
Code: B127 - Education
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