Overview
What is Friends Of Forbes Library Inc?
Friends of Forbes Library Inc is a dedicated nonprofit organization situated in Northampton, Massachusetts. Their primary aim is to support Forbes Library through fundraising activities and events. They solicit donations from the local community and utilize the funds to enhance the library's resources. For instance, they have purchased programming chairs and funded strategic planning consulting, thereby contributing to the library's overall improvement. In essence, Friends of Forbes Library Inc serves as a vital source of financial support, helping to enrich and enhance the library's offerings and services for the benefit of the Northampton community.
Official website here: www.forbeslibrary.org/friends/
What are the reviews and ratings of this charity?
Charity Navigator Rating: 76% (Three-Star out of Four Star rating)
Friends Of Forbes Library Inc has received a Three-Star rating from Charity Navigator, with an overall score of 76%. This rating is based entirely on its Accountability & Finance score, which indicates a strong commitment to financial health and transparency. The organization has achieved a perfect score for having a majority of independent board members and has no material diversion of assets, reflecting effective oversight.
Strengths of the organization include a high program expense ratio of 91.80%, suggesting that the majority of funds are directed toward fulfilling its mission. The nonprofit also demonstrates transparency by having its tax form listed on its website and maintaining proper documentation of board meeting minutes. However, there are significant areas for improvement regarding governance policies, as the organization currently lacks a conflict of interest policy, a whistleblower policy, and a document retention and destruction policy.
Overall, while Friends Of Forbes Library Inc shows strengths in financial accountability and operational transparency, addressing the noted governance policy gaps could enhance its credibility and effectiveness further.
This AI summary has been generated from information found on Charity Navigator.
Is Friends Of Forbes Library Inc legitimate?
Friends Of Forbes Library Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Friends Of Forbes Library 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: $0
For more financial information, click here
Official website here: www.forbeslibrary.org/friends/
What is the mission statement of Friends Of Forbes Library Inc?
The mission of Friends Of Forbes Library Inc is centered around raising funds for the benefit of a specific library, in this case, Forbes Library in Northampton, Massachusetts. They accomplish this by soliciting donations from the community and organizing fundraising events. The primary goal of this organization is to support and enhance the resources and facilities of the library, as evidenced by their past purchases, such as programming chairs, and funding for strategic planning consulting.
Official website here: www.forbeslibrary.org/friends/
Who is the CEO of Friends Of Forbes Library Inc?
Joellen Mackenzie is the President of Friends Of Forbes Library Inc.
Official website here: www.forbeslibrary.org/friends/
What is the revenue of Friends Of Forbes Library Inc?
Friends Of Forbes Library Inc's revenue in 2022 was $69,417.
Official website here: www.forbeslibrary.org/friends/
Who are the executives of Friends Of Forbes Library Inc and what are their salaries?
There 10 volunteers at Friends Of Forbes Library Inc.
Here are 4 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.forbeslibrary.org/friends/
Where can I find the form 990 for Friends Of Forbes Library Inc?
Friends Of Forbes Library Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.forbeslibrary.org/friends/
Learn more at the official website: www.forbeslibrary.org/friends/
Mission Statement of Friends Of Forbes Library Inc
Friends of Forbes Library Inc is an organization dedicated to supporting Forbes Library in Northampton, Massachusetts. Their primary mission involves raising funds and disbursing money for the benefit of this library. To achieve this goal, they solicit donations from the community and organize various fundraising events. The organization has played a significant role in furnishing the library with necessities such as programming chairs, demonstrating their commitment to enhancing the library's facilities. Furthermore, Friends of Forbes Library Inc has also funded strategic planning consulting, showcasing their proactive approach to ensuring the library's long-term success.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
August, 2024
Friends of Forbes Library Inc's impact can be seen in their efforts to raise funds and disburse money for the benefit of Forbes Library in Northampton, Massachusetts. Through soliciting donations from the community and organizing fundraising events, the organization has been able to purchase furnishings such as programming chairs and fund strategic planning consulting for the library. Their dedication to supporting the library's needs contributes to enhancing the educational resources and services available to the local community.
This information is meant to be a general summary of Friends Of Forbes Library Inc. 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 2022.
- Investment Income: $16,216
- Gross Receipts: $72,953
Assets and Liabilities:
- Total Assets: $517,490
- Total Liabilities: $0
- Net Assets: $517,490
Want to help this charity, for free? You can click here to learn more about Give Freely
Organization Details
Founding Year
2012
Phone
(310) 926-9665Principal Officer
Joellen Mackenzie
Main Address
20 West Street, Northampton, MA, 01060
NTEE Category
Code: B70 - Education
If you are a representative of Friends Of Forbes Library Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.