Overview
What is Austin Public Library Friends Foundation?
The Austin Public Library Friends Foundation is a nonprofit organization that aims to bolster and enrich Austin Public Libraries. They achieve this goal by sponsoring diverse programs such as Badgerdog, an engaging creative writing initiative led by expert writers for individuals of all ages and abilities. Throughout the year, the foundation also backs other events like the Kids Block Party, Mayor's Book Club, atCentral Program, and the Youth Poet Laureate, contributing to the overall growth and development of the libraries and their community.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 75%, Three-Star out of Four Star rating.
The Austin Public Library Friends Foundation has earned a Three-Star rating from Charity Navigator, indicating a solid performance in accountability and finance. The overall score, based entirely on the Accountability & Finance beacon, reflects a well-managed organization with a strong focus on its financial practices. The foundation demonstrates a strong commitment to transparency, as evidenced by its independent board structure and the absence of material diversion of assets.
Strengths of the organization include 100% independent board members and a low liabilities to assets ratio of 0.15%, showcasing its financial health. Additionally, the foundation has well-documented policies for conflict of interest and whistleblower protections, which further bolster its accountability standards. The program expense ratio of 72.81% indicates that a significant portion of its funding is directed towards its mission-related programs.
While the foundation scores well in these areas, the overall rating is reflective of a singular focus on accountability and finance. Potential donors may wish to look for additional information regarding programmatic impact and community engagement to gain a comprehensive understanding of the foundation’s effectiveness in fulfilling its mission.
This AI summary has been generated from information found on Charity Navigator.
Is Austin Public Library Friends Foundation legitimate?
Austin Public Library Friends Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Austin Public Library Friends 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: $128,384
Professional Fundraising Fees: $0
Other Salaries and Wages: $134,113
For more financial information, click here
What is the mission statement of Austin Public Library Friends Foundation?
The Austin Public Library Friends Foundation serves to reinforce and enhance the capabilities of Austin Public Libraries. One of their primary initiatives includes the Badgerdog program, which is a creative writing venture led by skilled writers, catering to individuals of all ages and skill levels. Throughout the year, the foundation also supports various other programs, such as the Kids Block Party, Mayor's Book Club, atCentral Program, and the Youth Poet Laureate, contributing to the enrichment of the library services.
Who is the CEO of Austin Public Library Friends Foundation?
Tim Staley is the President of Austin Public Library Friends Foundation.
What is the revenue of Austin Public Library Friends Foundation?
Austin Public Library Friends Foundation's revenue in 2022 was $482,158.
Who are the executives of Austin Public Library Friends Foundation and what are their salaries?
The average compensation at Austin Public Library Friends Foundation during 2022 was $65,624. There are 4 employees and 14 volunteers at Austin Public Library Friends Foundation.
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Where can I find the form 990 for Austin Public Library Friends Foundation?
Austin Public Library Friends Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Austin Public Library Friends Foundation
The Austin Public Library Friends Foundation is committed to supporting and strengthening Austin Public Libraries. This nonprofit organization achieves this mission through various programs designed to engage and empower the community. One such program is Badgerdog, a creative writing initiative led by professional writers, catering to individuals of all ages and skill levels. Beyond Badgerdog, the foundation also supports a range of other programs throughout the year. These include the Kids Block Party, Mayor's Book Club, atCentral Program, and the Youth Poet Laureate. Through these initiatives, the Austin Public Library Friends Foundation enhances the literary experiences and opportunities available at Austin Public Libraries, contributing to a vibrant and enriching community.
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Impact
July, 2024
The Austin Public Library Friends Foundation's impact is significant in supporting and strengthening Austin Public Libraries through various programs, such as Badgerdog, a creative writing program led by professional writers for people of all ages and skill levels. Additionally, the foundation supports other programs throughout the year, including the Kids Block Party, Mayor's Book Club, atCentral Program, and Youth Poet Laureate. Through these initiatives, the foundation contributes to promoting literacy, creativity, and community engagement in Austin, Texas.
This information is meant to be a general summary of Austin Public Library Friends Foundation. 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: $34,613
- Program Service Revenue: $138,550
- Gross Receipts: $532,937
Assets and Liabilities:
- Total Assets: $1,301,202
- Total Liabilities: $2,751
- Net Assets: $1,298,451
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
BADGERDOG PROGRAM FEES
Revenue
$128,403
MISC PROGRAM FEES
Revenue
$10,147
Organization Details
Founding Year
1996
Phone
(512) 542-0076Principal Officer
Tim Staley
Main Address
P O BOX 13201, AUSTIN, TX, 787113201
NTEE Category
Code: B117 - Education
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