Overview
What is Free Library Of Philadelphia Foundation?
The Free Library of Philadelphia Foundation is a nonprofit organization situated in Philadelphia, Pennsylvania, specifically at 1901 Vine Street. Its primary purpose is to support literacy, cultural, and educational programming on behalf of the Free Library of Philadelphia. This encompasses various initiatives, such as the Literacy Enrichment After-School Program (LEAP), One Book One Philadelphia, Science in the Summer, Teen Programming, Culinary Literacy, Chronicaling Resistance, the Author Lecture Series, and the Summer Reading Program. In addition, the foundation advocates for and manages special collections to benefit Philadelphia residents and beyond, furthering the mission of the Free Library of Philadelphia. As of the provided information, the organization employs a team of 201 individuals.
Official website here: www.freelibrary.org
What are the reviews and ratings of this charity?
The Free Library Of Philadelphia Foundation earns a Four-Star out of Four Star rating from Charity Navigator, with an impressive score of 97%. This rating highlights the organization's exceptional performance in Accountability & Finance, ensuring donors can be confident in its financial oversight and transparency. The foundation maintains a rigorous standard in governance, as evidenced by its perfect scores in numerous accountability metrics.
The Free Library's strengths include having a fully independent board, detailed financial oversight reflected in its audited statements, and various robust policy implementations such as conflict of interest and whistleblower policies. Their financial health is robust, with a very low liabilities to assets ratio and a strong working capital position, ensuring operational stability.
However, the program expense ratio stands at 66.33%, slightly below the industry's ideal threshold, suggesting room for increased allocation to core programming activities. Salary data for key positions reflects competitive compensation, indicating a potential balancing act between attracting talented leadership and optimizing resource allocation for operations.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about Free Library Of Philadelphia Foundation?
88% of 454 reviewers on Facebook recommend the Free Library of Philadelphia Foundation. Here is a summary of their reviews:
Many users express a strong appreciation for the benefits of having a free library card, highlighting the extensive access to a wide range of ebooks and other resources that the library provides. This convenience and variety are frequently called out as major positives of using the service, with several patrons describing their experience as "bliss."
Overall, the sentiment towards the Free Library of Philadelphia Foundation is overwhelmingly positive, with patrons feeling that they receive valuable services that greatly enhance their access to literature and learning opportunities. The library is recognized for its commitment to supporting the community through education and resource availability.
This AI summary has been generated from reviews found on Facebook.
Is Free Library Of Philadelphia Foundation legitimate?
Free Library Of Philadelphia Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Free Library Of Philadelphia Foundation 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: $685,800
Professional Fundraising Fees: $225,358
Other Salaries and Wages: $4,404,195
For more financial information, click here
Official website here: www.freelibrary.org
What is the mission statement of Free Library Of Philadelphia Foundation?
The Free Library of Philadelphia Foundation's mission is centered around providing resources and advocacy to support and enhance the mission of the Free Library of Philadelphia. Furthermore, the foundation is responsible for preserving and promoting its special collections, benefiting not just Philadelphians but individuals beyond the city as well. In addition to this, the foundation provides financial backing for literacy, cultural, and educational programs on behalf of the Free Library of Philadelphia. Examples of such initiatives include the Literacy Enrichment After-School Program (LEAP), One Book One Philadelphia, Science in the Summer, and the Summer Reading Program.
Official website here: www.freelibrary.org
Who is the CEO of Free Library Of Philadelphia Foundation?
Christine L Ryder is the President & Director of Free Library Of Philadelphia Foundation. The CEO's salary of Free Library Of Philadelphia Foundation is $201,611 and their total compensation is $223,800.
Official website here: www.freelibrary.org
What is the revenue of Free Library Of Philadelphia Foundation?
Free Library Of Philadelphia Foundation's revenue in 2022 was $11,662,755.
Official website here: www.freelibrary.org
Who are the executives of Free Library Of Philadelphia Foundation and what are their salaries?
The average compensation at Free Library Of Philadelphia Foundation during 2022 was $25,323. There are 201 employees and 300 volunteers at Free Library Of Philadelphia Foundation.
Here are 39 key members and their salaries (Free Library Of Philadelphia Foundation's CEO's salary is $201,611 and their total compensation is $223,800):
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Official website here: www.freelibrary.org
Where can I find the form 990 for Free Library Of Philadelphia Foundation?
Free Library Of Philadelphia Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.freelibrary.org
Learn more at the official website: www.freelibrary.org
Mission Statement of Free Library Of Philadelphia Foundation
The Free Library of Philadelphia Foundation plays a crucial role in advancing the mission of the Free Library of Philadelphia. Its primary objective is to provide resources and advocacy, while also stewarding and promoting the organization's special collections for the benefit of all Philadelphia residents and beyond. In essence, the foundation serves as a powerful supporter of the library's literacy, cultural, and educational programming.
The Free Library of Philadelphia Foundation demonstrates its commitment to this mission through various public programs. These initiatives range from literacy enrichment programs for children after school, such as LEAP, to city-wide literacy campaigns like One Book One Philadelphia. The foundation also organizes science programs during the summer, provides opportunities for teen engagement, encourages culinary literacy, and even hosts author lectures and summer reading programs.
In addition to these public programs, the Free Library of Philadelphia Foundation champions the library's special collections. This includes projects like Chronicing Resistance, which highlights social justice movements, and the Author Lecture Series, which brings renowned authors to speak in Philadelphia. All of these efforts aim to enrich the community and promote literacy, education, and cultural awareness.
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Impact
July, 2024
The Free Library of Philadelphia Foundation plays a crucial role in advancing literacy, cultural enrichment, and education in Philadelphia through its support of programs such as LEAP, One Book One Philadelphia, Science in the Summer, teen programming, culinary literacy, chronicling resistance, author lecture series, and summer reading program. By providing resources and advocacy, the Foundation ensures that all Philadelphians have access to these valuable initiatives, ultimately benefiting the community and promoting education for all.
This information is meant to be a general summary of Free Library Of Philadelphia Foundation. 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: $1,207,565
- Program Service Revenue: $336,342
- Gross Receipts: $12,595,527
Assets and Liabilities:
- Total Assets: $46,140,500
- Total Liabilities: $8,816,100
- Net Assets: $37,324,400
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
LECTURE SERIES
Revenue
$84,420
SALES-BOOKS & PUBLIC
Revenue
$75,693
FINES & LOST BOOKS
Revenue
$25,043
FREE LIBRARY SERVICES
Revenue
$23,438
Organization Details
Founding Year
1891
Phone
(215) 567-5948Principal Officer
Christine L Ryder
Main Address
1901 VINE STREET, PHILADELPHIA, PA, 191031189
Website
www.freelibrary.orgNTEE Category
Code: B70 - Education
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