Gladwyne Free Library

Charity Navigator Rating: Two Stars (70%)

Gladwyne Free Library has received a Two-Star out of Four Star rating from Charity Navigator, indicating that the organization is in need of improvement. While the library has shown strong performance in areas such as accountability and finance, achieving a score of 70% in this category, there are significant gaps in transparency and policy documentation that have impacted its overall rating. The library's independent board is fully composed of independent members, and there have been no material diversions of assets noted, which reflects positively on its governance.

However, the library faces substantial shortcomings in its operational practices. Key policies such as a conflict of interest policy, a whistleblower policy, and a document retention and destruction policy are missing, which raises concerns about organizational ethics and transparency. Additionally, the library's website does not provide access to its tax forms or board meeting minutes, further detracting from its accountability.

Despite a solid program expense ratio of 79.70%, indicating that the majority of its funding is directed towards programs, the lack of important governance documents and policies presents a challenge for potential donors and stakeholders. Addressing these weaknesses is essential for improving its rating and overall trust within the community.

This AI summary has been generated from information found on Charity Navigator.

Gladwyne Free Library is a legitimate nonprofit organization registered as a 501(c)(3) entity. Gladwyne 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: $0

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