Overview
What is Friends Of The Library Virginia Beach Inc?
Friends of the Library Virginia Beach Inc is a nonprofit organization located at 4100 Virginia Beach Blvd, Virginia Beach, VA 23452. Their primary mission is to support and advocate for the Virginia Beach Public Library system, promoting its services and organizing related activities. One of their notable initiatives is the annual Summer Reading Program, which aims to prevent summer learning loss in library patrons of all ages, with a particular focus on children. In the summer of 2022, over 6,000 individuals completed the Summer Reading Challenge. The organization's activities contribute to bridging the achievement gap between at-risk and higher income families by providing engaging and educational programs during the summer break.
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement (Two-Star out of Four Star rating, 73%)
Friends Of The Library Virginia Beach Inc has received a rating of 73%, indicating a need for improvement in certain areas. The organization excels in accountability with a perfect score for its majority independent board members and documentation of board meeting minutes. Additionally, it has a strong program expense ratio, which suggests it effectively allocates funds towards its programs.
However, the nonprofit faces significant limitations, particularly concerning its transparency and governance practices. Important policies such as the conflict of interest policy, whistleblower policy, and document retention policy are missing, which can undermine trust and accountability. Furthermore, the absence of the tax form on its website may raise concerns about its financial transparency.
Overall, while Friends Of The Library Virginia Beach Inc demonstrates strong financial management and governance in some aspects, the lack of essential policies and documentation highlights areas that require attention to enhance overall effectiveness and trustworthiness.
This AI summary has been generated from information found on Charity Navigator.
Is Friends Of The Library Virginia Beach Inc legitimate?
Friends Of The Library Virginia Beach Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Friends Of The Library Virginia Beach 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
What is the mission statement of Friends Of The Library Virginia Beach Inc?
Friends of the Library Virginia Beach Inc's mission is centered around promoting the mission and services of a public library through advocacy and programming support. They aim to encourage similar activities as well. Their primary role is to advocate for the Virginia Beach Public Library and support its initiatives through various programs. One of their significant contributions is funding the city's summer reading program, designed to prevent summer learning loss, a cumulative issue that contributes to the achievement gap between at-risk and higher-income families. The program caters to library patrons of all ages, with a primary focus on children. In 2022, over 6,395 individuals completed the summer reading challenge.
Who is the CEO of Friends Of The Library Virginia Beach Inc?
Anne T Jordan is the President of Friends Of The Library Virginia Beach Inc.
What is the revenue of Friends Of The Library Virginia Beach Inc?
Friends Of The Library Virginia Beach Inc's revenue in 2023 was $93,517.
Who are the executives of Friends Of The Library Virginia Beach Inc and what are their salaries?
There 45 volunteers at Friends Of The Library Virginia Beach Inc.
Here are 13 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
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Friends Of The Library Virginia Beach Inc?
Friends Of The Library Virginia Beach Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Friends Of The Library Virginia Beach Inc
Friends of the Library Virginia Beach Inc is an organization dedicated to promoting the mission and services of the Virginia Beach Public Library. They achieve this goal through advocacy and programming support, and they also encourage similar related activities. In essence, their mission is to enhance the visibility and impact of the Virginia Beach Public Library by backing its initiatives and advocating for its interests. This nonprofit organization plays a crucial role in ensuring the library's programs remain vibrant and accessible to the community.
To further elaborate, Friends of the Library Virginia Beach Inc supports the library's goals by providing funding for various events and projects. One of their most notable contributions is the annual Summer Reading Program, which is aimed at preventing summer learning loss among library patrons, particularly children. By sponsoring this event, they contribute to bridging the achievement gap between disadvantaged and wealthier families. Their efforts demonstrate a strong commitment to enriching the community's access to education and knowledge through the library's resources.
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
October, 2024
Friends Of The Library Virginia Beach Inc plays a vital role in the community by advocating for the Virginia Beach Public Library and enhancing its services through programming support. One of their key initiatives is the Summer Reading Program, which addresses the critical issue of summer learning loss, particularly among at-risk youth. By providing funding for this annual program, they help bridge the educational gap that often exists between lower-income and higher-income families.
In the summer of 2022, their efforts directly impacted 6,395 individuals who participated in the Summer Reading Challenge, emphasizing their focus on fostering a love for reading and learning among children. This initiative not only enriches the lives of participants but also contributes to lifelong learning and literacy, essential components for personal and academic success. The organization's commitment to promoting educational opportunities resonates throughout Virginia Beach, making a tangible difference in the lives of residents of all ages.
This information is meant to be a general summary of Friends Of The Library Virginia Beach 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 2023.
- Investment Income: $10,189
- Gross Receipts: $93,792
Assets and Liabilities:
- Total Assets: $325,568
- Total Liabilities: $3,598
- Net Assets: $321,970
Want to help this charity, for free? You can click here to learn more about Give Freely
Organization Details
Founding Year
1969
Phone
(757) 496-9586Principal Officer
Anne T Jordan
Main Address
4100 VIRGINIA BEACH BLVD, VIRGINIA BEACH, VA, 23452
NTEE Category
Code: B71I - Education
If you are a representative of Friends Of The Library Virginia Beach 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.