Friends Of The Muenster Public Library

Charity Navigator Rating: Two-Star out of Four Star rating (73%)

Friends Of The Muenster Public Library has received a rating indicating that there are areas needing improvement, despite achieving a perfect score in accountability and finance. The organization demonstrates a strong commitment to financial transparency, with a program expense ratio that is exceptionally high at 99.90%. Additionally, it boasts a fully independent board and successfully documents its board meeting minutes, which are positive indicators of governance.

However, the nonprofit faces significant challenges due to the absence of key policies, such as a conflict of interest policy, whistleblower policy, and document retention and destruction policy. These missing elements have resulted in a score of zero in these areas, which detracts from its overall evaluation. Furthermore, the organization has not posted its tax form on its website, which could hinder its transparency efforts and accessibility of information for stakeholders.

Overall, while Friends Of The Muenster Public Library excels in certain financial aspects, the lack of essential governance policies raises concerns about its operational practices. Addressing these limitations could enhance its accountability and potentially improve its rating in the future.

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

Friends Of The Muenster Public Library is a legitimate nonprofit organization registered as a 501(c)(3) entity. Friends Of The Muenster 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: $12,993
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

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