Overview
What is Pals Plus Inc?
Pals Plus Inc, located at 292 Piaget Ave, Clifton, NJ 07011, is a nonprofit organization dedicated to improving public library services in Northern New Jersey. By computerizing their inventory, they aim to promote resource sharing and cooperative ventures among their member libraries, enhancing overall efficiency and user experience. With a workforce of eight individuals, Pals Plus Inc plays a vital role in enhancing library services in the region, contributing to a more informed and engaged community.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 63% (Two-Star out of Four Stars)
Pals Plus Inc has received a Two-Star rating from Charity Navigator, primarily reflecting its accountability and finance measures. While the organization demonstrates strong governance with a fully independent board and effective audit processes, its overall score indicates room for improvement in program efficiency and financial management.
The charity has a commendable Accountability & Finance score of 63, bolstered by high marks in areas such as board independence and liability management. It has successfully maintained no material diversion of assets and documents its board meeting minutes, which indicates good governance practices.
However, the organization’s Program Expense Ratio is notably low at 55.12%, suggesting that a smaller portion of its funds is directed towards program activities compared to administrative costs. This could raise concerns for potential donors regarding the effectiveness of the charity’s use of resources in fulfilling its mission.
This AI summary has been generated from information found on Charity Navigator.
Is Pals Plus Inc legitimate?
Pals Plus Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Pals Plus 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: $191,935
Professional Fundraising Fees: $0
Other Salaries and Wages: $238,334
For more financial information, click here
What is the mission statement of Pals Plus Inc?
Pals Plus Inc's mission is centered around promoting and facilitating resource sharing and collaborative initiatives among its member libraries. By doing so, they aim to enhance the services provided to the public. To achieve this, Pals Plus has taken steps to computerize the inventory of multiple public libraries in a specific region, Northern NJ, to improve overall efficiency and effectiveness. This organization encourages mutual collaboration and resource pooling among its member libraries, ultimately benefiting the communities they serve.
Who is the CEO of Pals Plus Inc?
Luca Manna is the President of Pals Plus Inc.
What is the revenue of Pals Plus Inc?
Pals Plus Inc's revenue in 2022 was $839,592.
Who are the executives of Pals Plus Inc and what are their salaries?
The average compensation at Pals Plus Inc during 2022 was $53,784. There are 8 employees at Pals Plus Inc.
Here are 9 key members and their salaries:
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- Compensation: $102,390
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- Compensation: $89,545
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Where can I find the form 990 for Pals Plus Inc?
Pals Plus Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Pals Plus Inc
Pals Plus Inc, a nonprofit organization, is dedicated to promoting and facilitating resource sharing and collaborative ventures among its member libraries. By computerizing the inventory of multiple public libraries in northern New Jersey, Pals Plus Inc strives to enhance the services offered to the public, thereby improving the overall library experience for the community. In essence, Pals Plus Inc serves as a bridge, connecting various libraries and enabling them to work together, thereby maximizing the resources available and delivering better services to the public.
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Impact
October, 2024
Pals Plus Inc significantly impacts the library landscape in Northern New Jersey by enhancing resource sharing and fostering cooperative ventures among its member libraries. The initiative to computerize the inventory of multiple public libraries allows for improved access to resources and services for the public, streamlining operations and facilitating collaboration among libraries.
By promoting efficient resource distribution, Pals Plus Inc helps libraries extend their reach and better serve their communities. This collaborative framework not only enriches the educational offerings available to residents but also strengthens the libraries’ abilities to adapt to the evolving needs of the public. The organization plays a crucial role in modernizing library services, ensuring that patrons can benefit from a wider array of materials and programs through interconnected systems.
This information is meant to be a general summary of Pals Plus 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 2022.
- Investment Income: $5,119
- Program Service Revenue: $10,000
- Gross Receipts: $839,592
Assets and Liabilities:
- Total Assets: $688,200
- Total Liabilities: $74,221
- Net Assets: $613,979
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
CAPITAL CONTRIBUTIONS
Revenue
$10,000
Organization Details
Founding Year
1994
Phone
(973) 340-2877Principal Officer
Luca Manna
Main Address
292 PIAGET AVE, CLIFTON, NJ, 07011
NTEE Category
Code: B71Z - Education
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