Overview
What is Friends Of Los Osos Library?
Friends of Los Osos Library is a nonprofit organization based in Los Osos, California. Their primary goal is to financially support the Los Osos branch of the San Luis Obispo County Library. This support enables the library to resume public operations, ensuring the continuity of its services to the community. Additionally, Friends of Los Osos Library aims to contribute towards the construction or expansion of a new library facility in the area, meeting the community's requirements. Beyond financial support, they strive to promote literacy and literary achievements among the general public by engaging in various literary activities. Their efforts are centered around PO Box 6303, Los Osos, CA 93412.
Official website here: www.losososlibraryfriends.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 36%, Zero-Star out of Four Star rating.
The Friends Of Los Osos Library has received a low rating of 36% from Charity Navigator, reflecting significant concerns primarily in the areas of accountability and financial management. While the organization boasts a fully independent board, achieving perfect scores in board independence and asset management, other critical areas such as the existence of essential policies like conflict of interest and whistleblower protections are lacking, which heavily impacts their overall score.
The financial health of the organization is also troubling, indicated by a program expense ratio of only 13.18%, suggesting that a minimal portion of their expenses is allocated toward their primary mission. This low allocation raises questions about the effectiveness and priority of their programs. Furthermore, their liabilities to assets ratio stands at 0.00%, which, although may seem positive, does not compensate for the poor program funding.
Overall, while Friends Of Los Osos Library has some strengths in governance structure, the absence of key policies and low program spending are significant limitations that potential donors and supporters should consider when evaluating the organization's overall impact and reliability.
This AI summary has been generated from information found on Charity Navigator.
Is Friends Of Los Osos Library legitimate?
Friends Of Los Osos Library is a legitimate nonprofit organization registered as a 501(c)(3) entity. Friends Of Los Osos 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: $0
For more financial information, click here
Official website here: www.losososlibraryfriends.org
What is the mission statement of Friends Of Los Osos Library?
The mission of Friends Of Los Osos Library is centered around raising funds to support the financial needs of the Los Osos branch of the San Luis Obispo County Library. This includes meeting the community contribution requirement for the construction or expansion of a new library facility. Beyond financial support, the organization also aims to stimulate literary activity and encourage achievement among the general public. They accomplish this by contributing to the programs and activities of the Los Osos Library, as resources permit, following the resumption of public operations in 2022.
Official website here: www.losososlibraryfriends.org
Who is the CEO of Friends Of Los Osos Library?
Jim Stanfill is the President of Friends Of Los Osos Library.
Official website here: www.losososlibraryfriends.org
What is the revenue of Friends Of Los Osos Library?
Friends Of Los Osos Library's revenue in 2022 was $41,980.
Official website here: www.losososlibraryfriends.org
Who are the executives of Friends Of Los Osos Library and what are their salaries?
There 20 volunteers at Friends Of Los Osos Library.
Here are 9 key members and their salaries:
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Official website here: www.losososlibraryfriends.org
Where can I find the form 990 for Friends Of Los Osos Library?
Friends Of Los Osos Library's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.losososlibraryfriends.org
Learn more at the official website: www.losososlibraryfriends.org
Mission Statement of Friends Of Los Osos Library
Friends of Los Osos Library, a dedicated nonprofit organization, has a mission to support the Los Osos branch of the San Luis Obispo County Library financially. Their primary goal is to meet the community's contribution requirement for the construction or expansion of a new library facility. Beyond this, they aim to foster literary activity and inspire achievement among the general public. Through their efforts, they contribute to the programs and activities of the Los Osos Library, ensuring its continued success and relevance to the community. As the library resumed public operations in 2022, Friends of Los Osos Library continued to play a vital role, providing necessary financial support and promoting literacy in the process.
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Impact
August, 2024
Friends Of Los Osos Library's impact is significant in the community of Los Osos, California. By raising funds to provide financial support to the Los Osos branch of the San Luis Obispo County Library, they have played a crucial role in ensuring that residents have access to a well-equipped and thriving library. Their efforts have helped meet the community contribution requirement for a new or expanded library facility, indicating their commitment to the continued growth and development of library services in the area.
Additionally, the Friends Of Los Osos Library have been instrumental in promoting literary activity and achievement among the general public. By supporting programs and activities at the Los Osos Library, they have created opportunities for community members to engage with literature, learning, and cultural enrichment. Their dedication to education is evident in their mission to enhance literacy and knowledge within the community.
Overall, Friends Of Los Osos Library's impact extends beyond just fundraising; they are actively contributing to the educational and cultural development of Los Osos, making a lasting and positive difference in the lives of residents.
This information is meant to be a general summary of Friends Of Los Osos 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: $31,160
- Gross Receipts: $219,540
Assets and Liabilities:
- Total Assets: $2,311,116
- Total Liabilities: $0
- Net Assets: $2,311,116
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Organization Details
Founding Year
1983
Phone
(805) 528-1689Principal Officer
Jim Stanfill
Main Address
PO Box 6303, Los Osos, CA, 93412
NTEE Category
Code: B70 - Education
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