Overview
What is Friends Of The Kyle Library?
Friends of the Kyle Library is a nonprofit organization based in Kyle, Texas. Their primary mission is to provide quarterly operating funds for the local public library, ensuring its continued operation and growth. Beyond this, they extend their support to the community in various ways. They contribute coats for school children during colder seasons, helping to keep young learners warm and comfortable. Additionally, they offer clothes vouchers for the homeless, providing essential items to those in need. Furthermore, Friends of the Kyle Library reaches out to families who have experienced house fires, offering aid during their most challenging times. With a dedicated team of 18 individuals, this organization plays a significant role in supporting their community.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 73%, earning it a Two-Star out of Four Star rating.
Friends Of The Kyle Library has demonstrated solid financial management with a high program expense ratio of 94.98%, indicating a strong commitment to its mission. The organization also scores well in accountability, with a fully independent board and no reported material diversion of assets. These strengths suggest a stable organization with a focus on utilizing funds effectively for its core programs.
However, the nonprofit faces some significant limitations regarding transparency and governance policies. Key documents such as the conflict of interest policy, whistleblower policy, and document retention policy are missing, which raises concerns about the organization's operational practices. Additionally, the absence of a website listed on its tax form and the lack of tax form availability on its website may hinder public trust and accessibility for potential donors and supporters. Overall, while Friends Of The Kyle Library performs well in financial aspects, addressing governance shortcomings could enhance its overall rating and public perception.
This AI summary has been generated from information found on Charity Navigator.
Is Friends Of The Kyle Library legitimate?
Friends Of The Kyle Library is a legitimate nonprofit organization registered as a 501(c)(3) entity. Friends Of The Kyle Library 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: $223,623
For more financial information, click here
What is the mission statement of Friends Of The Kyle Library?
Friends of the Kyle Library's mission is centered around providing support for their local public library, as well as contributing to various community initiatives. They collect coats for school children in need, provide clothes vouchers for the homeless, and offer aid to families whose homes have been affected by fires. In addition to these efforts, they contribute quarterly operating funds to the library and supply it with necessary materials and resources. Their goal is to enrich their community by supporting education, addressing basic needs, and fostering resilience in the face of hardships.
Who is the CEO of Friends Of The Kyle Library?
Wynette Barton is the President of Friends Of The Kyle Library.
What is the revenue of Friends Of The Kyle Library?
Friends Of The Kyle Library's revenue in 2022 was $493,407.
Who are the executives of Friends Of The Kyle Library and what are their salaries?
The average compensation at Friends Of The Kyle Library during 2022 was $12,424. There are 18 employees and 3 volunteers at Friends Of The Kyle Library.
Here are 4 key members and their salaries:
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- Related: $0
- Other: $0
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- Other: $0
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- Other: $0
- Compensation: $0
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- Other: $0
Where can I find the form 990 for Friends Of The Kyle Library?
Friends Of The Kyle Library's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Friends Of The Kyle Library
Friends of the Kyle Library, a dedicated organization, focuses on providing support for their local public library. Beyond this, they contribute to the community in various ways. They collect coats for schoolchildren, offering them warmth and comfort during the colder months. Furthermore, they provide clothing vouchers for the homeless, ensuring that individuals in need have access to essential items. Additionally, Friends of the Kyle Library offers aid to families whose homes have been affected by fires, offering them a helping hand during their most challenging times.
In terms of their operational activities, Friends of the Kyle Library contributes quarterly operating funds to the public library, ensuring its smooth operation. Furthermore, they provide various supplies and materials as needed, supporting the library's mission to serve the community. Overall, Friends of the Kyle Library is a compassionate organization that seeks to improve the lives of its community members in various ways, from supporting their local library to aiding those in need.
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Impact
July, 2024
Friends Of The Kyle Library has a significant impact on the community by providing essential support for the local public library. The organization contributes coats for school kids, clothes vouchers for the homeless, and aids families whose homes have burned. They not only provide quarterly operating funds for the public library but also supply various materials and supplies as needed. Through their activities, Friends Of The Kyle Library plays a vital role in promoting literacy, assisting those in need, and enhancing the community's overall well-being.
This information is meant to be a general summary of Friends Of The Kyle Library. 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: $4,296
- Gross Receipts: $493,407
Assets and Liabilities:
- Total Assets: $1,149,179
- Total Liabilities: $34,248
- Net Assets: $1,114,931
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Organization Details
Founding Year
2008
Principal Officer
Wynette Barton
Main Address
PO BOX 904, KYLE, TX, 78640
NTEE Category
Code: P29 - Human services
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