Overview
What is Friends Of The Knox County Public Library?
Friends of the Knox County Public Library is a dedicated nonprofit organization based in Knoxville, Tennessee. With a strong commitment to the community, they support the local library system by providing annual grants for programs, supplies, and equipment. This organization, composed of passionate individuals, advocates for an exceptional, free, public library accessible to all. Their members contribute financially through annual dues and donations, as well as offering their time through volunteering. The collective efforts of Friends of the Knox County Public Library significantly impact thousands of residents in Knox County by enhancing library programs.
Official website here: www.knoxfriends.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 83% (Three-Star out of Four Star rating)
Friends Of The Knox County Public Library has received an 83% rating from Charity Navigator, indicating a solid level of accountability and financial health. The organization boasts a fully independent board, with 100% of its 15 members independent, and has not diverted any assets. Moreover, it maintains a strong program expense ratio of 74.67%, demonstrating a commitment to allocating funds towards its core mission.
However, the organization has some areas for improvement, notably the absence of a conflict of interest policy and a whistleblower policy, which have negatively impacted its overall score. While it excels in several financial metrics, these missing policies could raise potential governance concerns. The charity does have a documented retention policy and provides accessible board meeting minutes, reflecting a level of transparency in its operations.
Overall, Friends Of The Knox County Public Library is effectively managing its resources and fulfilling its mission, but addressing the governance gaps could enhance its credibility and performance ratings further.
This AI summary has been generated from information found on Charity Navigator.
Is Friends Of The Knox County Public Library legitimate?
Friends Of The Knox County Public Library is a legitimate nonprofit organization registered as a 501(c)(3) entity. Friends Of The Knox County 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.
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For more financial information, click here
Official website here: www.knoxfriends.org
What is the mission statement of Friends Of The Knox County Public Library?
Friends of the Knox County Public Library is a dedicated nonprofit organization that promotes the vision of an exceptional, free public library accessible to all. Comprising a community of passionate individuals, the organization advocates and secures financial support for the library system's 18 locations. Through annual dues and donations, members financially contribute to the cause, while volunteering their time to further enhance the library's impact. The collective efforts of Friends of the Knox County Public Library significantly benefit numerous individuals in the community by backing various library programs across Knox County.
Official website here: www.knoxfriends.org
Who is the CEO of Friends Of The Knox County Public Library?
Scott Muir is the CEO of Friends Of The Knox County Public Library The CEO's salary of Friends Of The Knox County Public Library is $0 and their total compensation is $0.
Official website here: www.knoxfriends.org
What is the revenue of Friends Of The Knox County Public Library?
Friends Of The Knox County Public Library's revenue in 2024 was $234,126.
Official website here: www.knoxfriends.org
Who are the executives of Friends Of The Knox County Public Library and what are their salaries?
There is 1 employee and 200 volunteers at Friends Of The Knox County Public Library.
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Official website here: www.knoxfriends.org
Where can I find the form 990 for Friends Of The Knox County Public Library?
Friends Of The Knox County Public Library's most recent form 990 was submitted in 2024 and can be accessed here.
Official website here: www.knoxfriends.org
Learn more at the official website: www.knoxfriends.org
Mission Statement of Friends Of The Knox County Public Library
Friends of the Knox County Public Library is a dedicated nonprofit organization, comprised of committed individuals who share a common vision. Their mission is to advocate and raise support for the 18 locations of the local library system, ensuring that an excellent, free, public library is accessible to all members of their community. By contributing funds through annual dues and donations, and volunteering their time, the organization's members significantly contribute to the success of the library programs that benefit thousands of people in their area. Their efforts support a wide range of library activities, enhancing the quality of life for residents throughout Knox County.
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Impact
October, 2024
Friends of the Knox County Public Library significantly enhances the accessibility and quality of library services across all 18 locations in the Knoxville area. By advocating for the library system, they ensure that it remains a vital resource for the community. The organization awards special grants each year to fund library programs, supplies, and equipment, which directly benefits thousands of local residents. Their active membership contributes not only through financial support but also through volunteering, fostering a robust network of community engagement. This collective effort promotes literacy, education, and lifelong learning opportunities, strengthening the role of the library as a cornerstone of the community.
This information is meant to be a general summary of Friends Of The Knox County 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 2024.
- Investment Income: $62,150
- Gross Receipts: $234,126
Assets and Liabilities:
- Total Assets: $829,624
- Total Liabilities: $303,685
- Net Assets: $525,939
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Organization Details
Founding Year
1970
Principal Officer
Stacey Olfe
Website
www.knoxfriends.orgNTEE Category
Code: B70 - Education
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