Corpus Christi Public Library Foundation

Charity Navigator Rating: 33%, Zero-Star out of Four Star rating.

The Corpus Christi Public Library Foundation has received a low score primarily in the Accountability & Finance category, which significantly impacts its overall rating. While the organization benefits from a fully independent board and has shown no material diversion of assets, it lacks essential governance policies. The absence of a conflict of interest policy, whistleblower policy, and document retention policy has contributed to its zero-star rating.

In terms of financial management, the foundation has a program expense ratio of 47.21%, which raises concerns about its efficiency and transparency. Additionally, important documents such as the tax form and board meeting minutes are not readily accessible on its website, further indicating a lack of accountability. These shortcomings highlight areas for improvement that the organization needs to address to enhance its rating and public trust.

Overall, while the Corpus Christi Public Library Foundation demonstrates some strengths in board independence, it faces significant challenges in governance and transparency that must be rectified to improve its standing with donors and the community at large.

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

Corpus Christi Public Library Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Corpus Christi Public Library Foundation 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

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