Overview
What is Friends Of Secaucus Public Library?
Friends of Secaucus Public Library is a nonprofit organization situated in Secaucus, New Jersey. Their primary mission is to enhance and improve the local Secaucus Public Library. To achieve this goal, they collect and allocate funds for various initiatives that better the library's facilities and services. By supporting the library, they strive to contribute positively to the Secaucus community and its residents.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 73%, Two-Star out of Four Star rating. The Friends of Secaucus Public Library has received a moderate rating, indicating that while the organization has some strengths, there are areas needing improvement. Their accountability and finance score is a solid 73, with notable strengths in having a majority of independent board members and a good liabilities to assets ratio.
The organization demonstrates strong financial management, as reflected in their program expense ratio of 74.70% and the absence of any material diversion of assets. These factors suggest that a significant portion of their resources is being directed towards their programs. However, there are critical gaps in their governance practices, particularly the absence of key policies like a conflict of interest policy and a whistleblower policy, which were noted as missing.
Overall, while Friends of Secaucus Public Library shows potential in financial accountability, the lack of essential governance policies could raise concerns about operational transparency and integrity. Addressing these limitations could enhance their overall rating and effectiveness in serving their community.
This AI summary has been generated from information found on Charity Navigator.
Is Friends Of Secaucus Public Library legitimate?
Friends Of Secaucus Public Library is a legitimate nonprofit organization registered as a 501(c)(3) entity. Friends Of Secaucus Public 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: $0
For more financial information, click here
What is the mission statement of Friends Of Secaucus Public Library?
The mission of Friends Of Secaucus Public Library is centered around supporting the local public library. They collect and allocate funds for the betterment and improvement of the library, aiming to enhance its services and facilities. This non-profit organization is committed to contributing to the library's growth and development, ultimately enriching the community it serves. By doing so, they aim to foster a more literate and knowledgeable population, promoting education and lifelong learning opportunities.
What is the revenue of Friends Of Secaucus Public Library?
Friends Of Secaucus Public Library's revenue in 2023 was $48,904.
Who are the executives of Friends Of Secaucus Public Library and what are their salaries?
There 10 volunteers at Friends Of Secaucus Public Library.
Here are 6 key members and their salaries:
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Where can I find the form 990 for Friends Of Secaucus Public Library?
Friends Of Secaucus Public Library's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Friends Of Secaucus Public Library
Friends of Secaucus Public Library is an organization dedicated to supporting the growth and enhancement of the Secaucus Public Library. Their mission is to collect and allocate funds for the betterment and improvement of this vital community resource. By doing so, they aim to contribute to the library's overall development and ensure it continues to serve the needs of its patrons effectively. The organization's primary focus is on raising funds and utilizing them to improve various aspects of the library, ultimately benefiting the local community.
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Impact
August, 2024
Friends Of Secaucus Public Library plays a vital role in supporting the Secaucus Public Library by collecting and expending funds for its betterment and improvement. Through their efforts, the library is able to offer enhanced services, resources, and programs for the community. This support contributes to the educational development and cultural enrichment of the residents in Secaucus, NJ. By facilitating access to a wider range of educational resources, Friends Of Secaucus Public Library helps promote lifelong learning and literacy in the community.
This information is meant to be a general summary of Friends Of Secaucus Public 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 2023.
- Investment Income: $181
- Program Service Revenue: $18,000
- Gross Receipts: $48,904
Assets and Liabilities:
- Total Assets: $197,722
- Total Liabilities: $5,000
- Net Assets: $192,722
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PROGRAM SERVICE REVENUE
Revenue
$18,000
Organization Details
Founding Year
2001
Principal Officer
Karyn Lusskin
NTEE Category
Code: B117 - Education
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