Friends Of The Library Of Hardee Co

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 592588893 ✦ Wauchula, FL ✦ Designated as a 501(c)(3)

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Overview

What is Friends Of The Library Of Hardee Co?

Friends of the Library of Hardee Co is a nonprofit organization based in Wauchula, Florida. With a single employee, their primary mission is to foster literacy and instill a lifelong love for reading in individuals of all ages. They are dedicated to this commitment, working tirelessly to achieve their goal. The organization's activities and mission are aligned, focusing on promoting literacy and encouraging a lasting appreciation for books and reading.

What are the reviews and ratings of this charity?

Charity Navigator Rating: 80%, Three-Star out of Four Star rating. This rating reflects a strong emphasis on accountability and finance, where the organization has scored particularly well in key areas. The Friends Of The Library Of Hardee Co has demonstrated a commitment to transparency, with a fully independent board and a solid program expense ratio of 95.32%, indicating a high level of funds allocated directly to their initiatives.

The organization has excelled in various aspects of governance, including having no material diversion of assets and maintaining proper documentation of board meeting minutes. However, there are notable areas for improvement, such as the absence of a whistleblower policy and a document retention and destruction policy, which could enhance their operational transparency and accountability further.

Despite these limitations, the charity's overall financial health appears robust, as evidenced by a liabilities to assets ratio of 0.00%. This suggests a well-managed organization that operates within its means, making it a potentially reliable option for donors seeking to support library-related initiatives in Hardee County.


This AI summary has been generated from information found on Charity Navigator.

Is Friends Of The Library Of Hardee Co legitimate?

Friends Of The Library Of Hardee Co is a legitimate nonprofit organization registered as a 501(c)(3) entity. Friends Of The Library Of Hardee Co 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: $26,619

For more financial information, click here

What is the mission statement of Friends Of The Library Of Hardee Co?

The organization, Friends of the Library of Hardee Co, is dedicated to promoting literacy and fostering a lifelong passion for reading in individuals of all ages. Their commitment extends beyond just promoting literacy; they strive to inspire a deep-rooted love for reading in people. Through their activities, they have successfully managed to inspire many, driving home the importance of reading for personal growth and enjoyment.

Who is the CEO of Friends Of The Library Of Hardee Co?

Gerald Shackelford is the Secretary of Friends Of The Library Of Hardee Co.

What is the revenue of Friends Of The Library Of Hardee Co?

Friends Of The Library Of Hardee Co's revenue in 2023 was $119,660.

Who are the executives of Friends Of The Library Of Hardee Co and what are their salaries?

The average compensation at Friends Of The Library Of Hardee Co during 2023 was $26,619. There is 1 employee and 20 volunteers at Friends Of The Library Of Hardee Co.


Here are 4 key members and their salaries:


Meagan Albritton (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Nicole Drake (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jeannie Palacios (Vice Preside)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gerald Shackelford (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Friends Of The Library Of Hardee Co?

Friends Of The Library Of Hardee Co's most recent form 990 was submitted in 2023 and can be accessed here.

Mission Statement of Friends Of The Library Of Hardee Co

Friends of the Library of Hardee Co is dedicated to fostering literacy and instilling a lifelong passion for reading in individuals of all ages. This nonprofit organization strives to achieve this mission by promoting reading and encouraging its value in the community. By doing so, Friends of the Library of Hardee Co aims to inspire a love for literature that endures throughout an individual's life, thereby contributing to their personal growth and development.

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Impact




October, 2024

Friends Of The Library Of Hardee Co plays a vital role in enhancing literacy and fostering a passion for reading among individuals of all ages in Wauchula, Florida. Their commitment to promoting literacy creates opportunities for community members to engage with literature, developing skills that are essential for personal and academic growth.

By inspiring a lifelong love of reading, they help cultivate informed and engaged citizens, benefiting not just individuals but the community as a whole. Their activities likely include organizing events, workshops, and programs that cater to diverse audiences, making reading accessible and enjoyable for everyone. This emphasis on education and reading enriches the community, supporting both personal development and social cohesion.




This information is meant to be a general summary of Friends Of The Library Of Hardee Co. 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.

Revenue
$119,660 (2023)
Expenses
$51,485 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $116,908
  • Program Service Revenue: $1,502
  • Gross Receipts: $1,131,592

Assets and Liabilities:

  • Total Assets: $1,132,719
  • Total Liabilities: $0
  • Net Assets: $1,132,719

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

PROGRAM SERVICE REVENUE

Revenue

$1,502

Organization Details

Founding Year

1985

Principal Officer

Gerald Shackelford

Main Address

PO BOX 1796, WAUCHULA, FL, 33873

NTEE Category

Code: B70 - Education

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