Overview
What is Friends Of The Ann Arbor District Library?
Friends of the Ann Arbor District Library is a nonprofit organization situated in Ann Arbor, Michigan. Their primary mission is to foster understanding and appreciation of the Ann Arbor District Library's functions, services, resources, and needs. They achieve this goal by spearheading fundraising efforts through the sale of used books and various media. With a small team of dedicated individuals, they aim to support the library's programs and initiatives, demonstrating their commitment to the community's access to knowledge and educational resources.
Official website here: www.faadl.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 83%, Three-Star out of Four Star rating
Friends of the Ann Arbor District Library has achieved an 83% rating, reflecting solid accountability and financial health. The organization has a fully independent board, scoring 10 out of 10 for both the majority of independent members and board size. With no reported material diversion of assets and a high program expense ratio of 92.10%, most of its resources are directed towards its mission.
However, there are areas for improvement. The organization lacks a whistleblower policy and a document retention and destruction policy, which are considered important for maintaining transparency and accountability. This absence has impacted their overall score in those categories, contributing to a limited total assessment despite their strengths.
Overall, while Friends of the Ann Arbor District Library demonstrates strong financial practices and governance, addressing the missing policies would enhance their accountability framework and potentially improve their rating further.
This AI summary has been generated from information found on Charity Navigator.
Is Friends Of The Ann Arbor District Library legitimate?
Friends Of The Ann Arbor District Library is a legitimate nonprofit organization registered as a 501(c)(3) entity. Friends Of The Ann Arbor District 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: $41,595
For more financial information, click here
Official website here: www.faadl.org
What is the mission statement of Friends Of The Ann Arbor District Library?
The mission of Friends of the Ann Arbor District Library is centered around promoting awareness and interest in the operations, offerings, requirements, and requirements of the Ann Arbor District Library. This organization also takes on the responsibility of raising funds to support the library's programs. In essence, they aim to enhance the library's capabilities by generating funds through the sale of used books and other media.
Official website here: www.faadl.org
What is the revenue of Friends Of The Ann Arbor District Library?
Friends Of The Ann Arbor District Library's revenue in 2024 was $165,403.
Official website here: www.faadl.org
Who are the executives of Friends Of The Ann Arbor District Library and what are their salaries?
The average compensation at Friends Of The Ann Arbor District Library during 2024 was $41,595. There is 1 employee at Friends Of The Ann Arbor District Library.
Here are 9 key members and their salaries:
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Official website here: www.faadl.org
Where can I find the form 990 for Friends Of The Ann Arbor District Library?
Friends Of The Ann Arbor District Library's most recent form 990 was submitted in 2024 and can be accessed here.
Official website here: www.faadl.org
Learn more at the official website: www.faadl.org
Mission Statement of Friends Of The Ann Arbor District Library
Friends of the Ann Arbor District Library, a dedicated organization, works towards fostering an understanding and enthusiasm for the roles, offerings, and requirements of the Ann Arbor District Library. Their primary mission is to raise funds benefiting this library district, aiming to enhance its capabilities and services. By promoting knowledge and interest in the library's functions and resources, Friends of the Ann Arbor District Library plays a crucial role in supporting the library's programs through the sale of used books and other media. This nonprofit organization's efforts contribute significantly to the Ann Arbor District Library, ensuring it continues to meet the needs of its community and offer top-notch services.
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Impact
October, 2024
Friends Of The Ann Arbor District Library plays a crucial role in enhancing community engagement with the library's functions, services, resources, and needs. By promoting knowledge and interest in the library, they foster a greater appreciation for its offerings among residents. The organization raises funds to support various library programs, ensuring that these valuable resources remain accessible and well-stocked.
Through the sale of used books and other media, Friends Of The Ann Arbor District Library not only generates financial support but also encourages sustainable practices within the community. This initiative allows individuals to discover new literature while contributing to the library's mission. Ultimately, their impact extends beyond mere fundraising; they enrich the cultural and educational fabric of Ann Arbor, reinforcing the importance of libraries as vital community hubs for learning and connection.
This information is meant to be a general summary of Friends Of The Ann Arbor District 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: $9,464
- Gross Receipts: $311,643
Assets and Liabilities:
- Total Assets: $146,809
- Total Liabilities: $3,047
- Net Assets: $143,762
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Organization Details
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