Forsyth Library Friends Inc

Charity Navigator Rating: 0%

Forsyth Library Friends Inc has received a very low score of 16%, resulting in a Zero-Star out of Four Star rating. This rating indicates significant concerns regarding the charity's accountability and financial practices. Specifically, the organization has no independent board members, which may raise questions about governance and oversight.

The charity does have some strengths, such as a documented policy for board meeting minutes and a clean score for material asset diversion. However, it is lacking in critical areas such as having a conflict of interest policy, a whistleblower policy, and a document retention policy, all of which are essential for transparent and responsible operations. Additionally, the organization shows a concerningly low ratio of program expenses to total expenses, suggesting that most of its funds may not be directed toward its stated mission.

Overall, the significant shortcomings in governance and fiscal responsibility overshadow any positive aspects of Forsyth Library Friends Inc. Potential donors and supporters should exercise caution, considering the lack of essential policies that promote transparency and accountability within the organization.

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

Forsyth Library Friends Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Forsyth Library Friends Inc 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: $29,025

For more financial information, click here

Official website here: www.forsythmolibrary.org