Friends Of The Prescott Public Library

Charity Navigator Rating: 56%, One-Star out of Four Star Rating.

Friends Of The Prescott Public Library has received a low rating primarily due to significant shortcomings in its governance and transparency practices. The organization has an Accountability & Finance Score of 56%, reflecting a lack of independent board members and missing financial statements. While it does have a policy for conflict of interest, essential elements like a whistleblower policy and document retention policy are not in place, which raises concerns about its operational integrity.

On the positive side, the organization demonstrates a strong commitment to its mission, as evidenced by a high program expense ratio of 98.60%. This indicates that the majority of its funds are directed towards its programs rather than administrative costs. However, the absence of critical documents and policies needed for transparency makes it difficult for potential donors to assess the overall health of the organization fully.

Overall, while Friends Of The Prescott Public Library is actively engaging in its mission, the lack of robust governance and transparency practices highlighted in the Charity Navigator evaluation suggests that potential supporters should exercise caution and consider these factors when deciding to contribute.

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

Friends Of The Prescott Public Library is a legitimate nonprofit organization registered as a 501(c)(3) entity. Friends Of The Prescott 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

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