Fairfield Library Association

Charity Navigator Rating: 57% (One-Star out of Four Stars)

The Fairfield Library Association has received a One-Star rating from Charity Navigator, largely reflecting its 57% score in accountability and finance. The organization has effectively managed its program expenses, achieving a perfect score in this area; however, it lacks in several governance practices. Notably, it has no independent board members and is missing multiple key policies such as a conflict of interest policy and a whistleblower policy.

In terms of financial health, the library association shows a strong liabilities to assets ratio of 0.00%, indicating it is not under financial distress. However, the absence of independent oversight and missing documentation, such as board meeting minutes and policies, raises concerns about transparency and accountability. The lack of a website listed on its tax form further detracts from its credibility.

Overall, while the Fairfield Library Association demonstrates solid program expense management, the significant shortcomings in governance and transparency warrant a critical look for potential donors and stakeholders interested in supporting its mission.

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

Fairfield Library Association is a legitimate nonprofit organization registered as a 501(c)(3) entity. Fairfield Library Association 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: $27,040
Professional Fundraising Fees: $0
Other Salaries and Wages: $25,396

For more financial information, click here