Overview
What is Broward Public Library Foundation Inc?
Broward Public Library Foundation Inc is a dedicated nonprofit organization based in Fort Lauderdale, Florida. Their primary mission is to augment the collection, programs, and services of Broward County Library, surpassing the limitations of public funding. To achieve this, they raise and steward private funds. Their initiatives encompass various aspects, such as providing free SAT/ACT preparation classes for up to 1,500 high school students, organizing a summer learning program for children and teens, hosting a veterans festival, and conducting two children's literacy festivals with free book giveaways. Additionally, they support a Workforce Ready program, offering free Chrome books and hotspots to job seekers. Beyond these, they also contribute to creative adult and children's literacy programming, innovative library initiatives, and collection enhancements.
Official website here: www.bplfoundation.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 89% (Three-Star out of Four Stars)
The Broward Public Library Foundation Inc has received a solid rating of 89%, indicating a strong performance in accountability and finance. This rating reflects a robust commitment to transparency and proper governance, highlighted by a fully independent board and thorough financial oversight practices. The organization demonstrates fiscal responsibility with a favorable liabilities-to-assets ratio of 0.52%.
Strengths include comprehensive policies on conflict of interest, whistleblower protections, and document retention, all of which contribute to a high level of accountability. Additionally, the foundation allocates a significant portion of its budget towards program expenses, with a noted ratio of 64.26%, emphasizing its focus on mission-driven activities.
However, while the organization scores well on various financial metrics, it garnered an average score concerning program expense efficiency, receiving 18 out of 25 points. This suggests that there may be room for improvement in optimizing resource allocation to maximize program impact. Overall, the Broward Public Library Foundation Inc stands out for its governance practices and financial health.
This AI summary has been generated from information found on Charity Navigator.
Is Broward Public Library Foundation Inc legitimate?
Broward Public Library Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Broward 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:
Executive Compensation: $95,091
Professional Fundraising Fees: $0
Other Salaries and Wages: $162,981
For more financial information, click here
Official website here: www.bplfoundation.org
What is the mission statement of Broward Public Library Foundation Inc?
The Broward Public Library Foundation's mission is to augment the collection, programs, and services of Broward County Library beyond the limits of public funding. To achieve this, the organization raises and manages private funds for enhancing the library. The foundation supports various initiatives, such as creative literacy programs for adults and children, innovative library projects, and collection enhancements. The foundation sponsors over a dozen programs and services for Broward County Library, including free SAT/ACT preparation classes, a summer learning program for children and teens, a veterans festival, and two children's literacy festivals with free book giveaways. Additionally, the foundation offers a Workforce Ready program that provides free Chromebooks and hotspots for job seekers.
Official website here: www.bplfoundation.org
Who is the CEO of Broward Public Library Foundation Inc?
Dorothy Klein is the Chair of Broward Public Library Foundation Inc.
Official website here: www.bplfoundation.org
What is the revenue of Broward Public Library Foundation Inc?
Broward Public Library Foundation Inc's revenue in 2022 was $1,668,217.
Official website here: www.bplfoundation.org
Who are the executives of Broward Public Library Foundation Inc and what are their salaries?
The average compensation at Broward Public Library Foundation Inc during 2022 was $64,518. There are 4 employees and 55 volunteers at Broward Public Library Foundation Inc.
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- Compensation: $96,692
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- Other: $12,992
Official website here: www.bplfoundation.org
Where can I find the form 990 for Broward Public Library Foundation Inc?
Broward Public Library Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.bplfoundation.org
Learn more at the official website: www.bplfoundation.org
Mission Statement of Broward Public Library Foundation Inc
Broward Public Library Foundation, a nonprofit organization, is dedicated to enhancing the collections, programs, and services of Broward County Library beyond the scope of public funding. Their mission revolves around raising and stewarding private funds to elevate the offerings of Broward County Library. Beyond financial support, the foundation also champions creative literacy programming for adults and children, innovative library initiatives, and collection enhancements.
In practice, Broward Public Library Foundation supports over a dozen programs and services for Broward County Library. These include offering free SAT/ACT preparation classes for up to 1,500 high school students, running a summer learning program for children and teenagers, organizing a Veterans Festival, and hosting two children's literacy festivals featuring free book giveaways. Additionally, the foundation provides a Workforce Ready program that offers free checkout of Chromebooks and hotspots to job seekers. Through these initiatives, Broward Public Library Foundation aims to enrich the library experience for the community, fostering education, creativity, and opportunity for all.
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Impact
July, 2024
The impact of the Broward Public Library Foundation Inc is evident in its support for a variety of programs and services offered by the Broward County Library. By raising and stewarding private funds, the foundation goes beyond public funding to enhance the collections, programs, and services available to the community. Some of the notable initiatives supported by the foundation include free SAT/ACT preparation classes for high school students, a summer learning program for children and teens, a veterans festival, children's literacy festivals with free book giveaways, and a program providing Chromebooks and hotspots to job seekers. Through its dedication to creative literacy programming and innovative library initiatives, the foundation is making a meaningful impact on education and community engagement in Fort Lauderdale, Florida.
This information is meant to be a general summary of Broward 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: $826,900
- Gross Receipts: $7,810,287
Assets and Liabilities:
- Total Assets: $11,925,597
- Total Liabilities: $83,697
- Net Assets: $11,841,900
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Organization Details
Founding Year
1983
Phone
(954) 357-7469Principal Officer
Dorothy Klein
Main Address
100 SOUTH ANDREWS AVENUE, FORT LAUDERDALE, FL, 33301
Website
www.bplfoundation.orgNTEE Category
Code: B71I - Education
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