Overview
What is Greensboro Public Library Foundation Inc?
The Greensboro Public Library Foundation Inc is a dedicated nonprofit organization based in North Carolina. Their primary objective is to offer financial support to enhance the services and facilities of the Greensboro Public Library. To achieve this mission, they engage in fundraising activities, soliciting contributions from non-governmental sources. Their initiatives extend to library branch improvements and literacy and educational programs. The foundation aims to cultivate a thriving library environment in Greensboro, thereby contributing to the community's intellectual growth and development.
Official website here: www.greensborolibraryfoundation.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 97%, Four-Star out of Four Star rating.
The Greensboro Public Library Foundation Inc has achieved a commendable score of 97%, indicating a high level of accountability and financial health. This score is derived entirely from their performance in Accountability & Finance, which reflects the organization's transparency and effective management of resources. The foundation has a fully independent board, with 13 members, ensuring diverse oversight and decision-making.
Notable strengths include the foundation's impressive program expense ratio of 72.91%, signaling that a significant portion of its funds is directed towards its programs rather than administrative costs. Furthermore, they have no reported liabilities, which enhances their financial stability. The presence of comprehensive policies such as conflict of interest, whistleblower protection, and document retention demonstrates their commitment to ethical governance.
The foundation's transparency is further underscored by having its website listed on tax forms and maintaining detailed board meeting minutes. Overall, the Greensboro Public Library Foundation Inc stands out for its strong governance and financial prudence, although specific limitations or areas for improvement were not noted in the data.
This AI summary has been generated from information found on Charity Navigator.
Is Greensboro Public Library Foundation Inc legitimate?
Greensboro Public Library Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Greensboro Public Library Foundation 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:
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Official website here: www.greensborolibraryfoundation.org
What is the mission statement of Greensboro Public Library Foundation Inc?
The Greensboro Public Library Foundation's mission is to procure financial aid from non-governmental sources. This funding is then utilized to support and enhance the services and facilities of a public library. The organization's primary aim is to provide financial assistance to this library, thereby contributing to literacy and educational initiatives. The foundation's activities include soliciting donations and managing these funds effectively to achieve its mission. Apart from this, the foundation also implements library branch improvements and promotes various literacy and educational programs.
Official website here: www.greensborolibraryfoundation.org
Who is the CEO of Greensboro Public Library Foundation Inc?
Genie Petrangeli is the Chair of Greensboro Public Library Foundation Inc.
Official website here: www.greensborolibraryfoundation.org
What is the revenue of Greensboro Public Library Foundation Inc?
Greensboro Public Library Foundation Inc's revenue in 2022 was $63,057.
Official website here: www.greensborolibraryfoundation.org
Who are the executives of Greensboro Public Library Foundation Inc and what are their salaries?
Here are 12 key members and their salaries:
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Official website here: www.greensborolibraryfoundation.org
Where can I find the form 990 for Greensboro Public Library Foundation Inc?
Greensboro Public Library Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.greensborolibraryfoundation.org
Learn more at the official website: www.greensborolibraryfoundation.org
Mission Statement of Greensboro Public Library Foundation Inc
The Greensboro Public Library Foundation's mission is centered around procuring financial support from non-governmental sources. This mission aims to provide essential financial assistance to the services and facilities of a public library, without specifying the location. The organization achieves this objective through fundraising activities, which they diligently manage and solicit. To extend their reach and impact, the Greensboro Public Library Foundation also engages in various programs, such as enhancing library branches and promoting literacy and education initiatives. These efforts are driven by their dedication to contributing to the overall improvement and expansion of library services, thereby enriching the community they serve.
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Impact
August, 2024
The Greensboro Public Library Foundation Inc's impact is significant in providing vital financial assistance to the services and facilities of the Greensboro Public Library in NC. Through soliciting, providing, and managing fundraising from non-governmental sources, the foundation supports library branch enhancements, as well as literacy and education initiatives. Their work plays a crucial role in ensuring access to resources, promoting literacy, and enriching the community through the services and programs offered by the Greensboro Public Library.
This information is meant to be a general summary of Greensboro Public Library Foundation 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: $4,850
- Gross Receipts: $63,057
Assets and Liabilities:
- Total Assets: $1,246,509
- Total Liabilities: $0
- Net Assets: $1,246,509
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Organization Details
Founding Year
1997
Phone
(336) 373-4100Principal Officer
Genie Petrangeli
Main Address
PO BOX 3178, GREENSBORO, NC, 274023178
NTEE Category
Code: N20 - Recreation
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