Overview
What is Friends Of The Jacksonville Public Library Inc?
Friends of the Jacksonville Public Library Inc is a nonprofit organization dedicated to supporting the local library. Their primary activity involves selling second-hand books to generate funds. The organization's purpose is to financially aid the Jacksonville Public Library, and they achieve this goal through various programs designed around book sales. By doing so, they contribute to enhancing the library's resources and services for the community.
Official website here: www.fjpl.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 55%, One-Star out of Four Star rating.
Friends Of The Jacksonville Public Library Inc has received a low rating of 55%, indicating some concerns regarding its accountability and financial management. While the organization benefits from a fully independent board and has demonstrated strong governance practices, indicated by perfect scores in board independence and meeting documentation, its overall financial performance raises questions.
The program expense ratio stands at 55.72%, which is relatively low compared to best practices for nonprofits, suggesting that a significant portion of resources may not be directed towards program services. Additionally, the organization has a solid liabilities to assets ratio of 0.00%, reflecting good management of financial obligations. However, the low program expense ratio could imply that the charity may not be utilizing its funds as effectively as possible to support its mission.
In summary, while Friends Of The Jacksonville Public Library Inc exhibits strong governance and financial management in certain areas, the low program expense ratio highlights a need for improvement in prioritizing funding towards its core programs. Stakeholders may want to consider these factors when evaluating their support for the organization.
This AI summary has been generated from information found on Charity Navigator.
Is Friends Of The Jacksonville Public Library Inc legitimate?
Friends Of The Jacksonville Public Library Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Friends Of The Jacksonville Public Library Inc submitted a form 990EZ, 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.
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Official website here: www.fjpl.org
What is the mission statement of Friends Of The Jacksonville Public Library Inc?
The organization known as Friends of the Jacksonville Public Library Inc. is dedicated to supporting the Jacksonville Public Library. They accomplish this mission by selling used books and raising funds. Their programs are strategically designed to achieve this financial goal, ultimately benefiting the library. The organization's primary purpose is to contribute financially to the library, enhancing its resources and services for the community.
Official website here: www.fjpl.org
What is the revenue of Friends Of The Jacksonville Public Library Inc?
Friends Of The Jacksonville Public Library Inc's revenue in 2024 was $146,858.
Official website here: www.fjpl.org
Who are the executives of Friends Of The Jacksonville Public Library Inc and what are their salaries?
Here are 13 key members and their salaries:
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Official website here: www.fjpl.org
Where can I find the form 990EZ for Friends Of The Jacksonville Public Library Inc?
Friends Of The Jacksonville Public Library Inc's most recent form 990EZ was submitted in 2024 and can be accessed here.
Official website here: www.fjpl.org
Learn more at the official website: www.fjpl.org
Mission Statement of Friends Of The Jacksonville Public Library Inc
Friends of the Jacksonville Public Library, as an organization, is dedicated to supporting the local public library by selling used books and raising funds. Their mission is centered around this goal, aiming to generate financial resources for the library through the sales of second-hand books. The organization's programs are designed with this objective in mind, working tirelessly to ensure the continued success of the Jacksonville Public Library.
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Impact
October, 2024
Friends Of The Jacksonville Public Library Inc significantly enhances the literary and educational landscape of Jacksonville through its dedicated fundraising efforts. By selling used books, the organization not only provides access to affordable reading materials but also generates essential funds that directly support the Jacksonville Public Library. This financial support enables the library to expand its programs and services, fostering a vibrant community hub for learning and exploration. The initiative encourages a culture of reading, literacy, and lifelong learning, thus enriching the lives of residents and contributing to the overall educational wellbeing of the community.
This information is meant to be a general summary of Friends Of The Jacksonville Public 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 2024.
- Investment Income: $1,862
- Program Service Revenue: $122,567
- Gross Receipts: $146,858
Assets and Liabilities:
- Total Assets: $174,599
- Total Liabilities: $0
- Net Assets: $174,599
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Organization Details
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