Friends Of The Nipomo Library

Charity Navigator Rating: 16%

Friends Of The Nipomo Library has received a low rating of 16%, resulting in a Zero-Star out of Four Stars designation. This score indicates significant concerns regarding the charity's accountability and financial management practices. The organization struggles with a lack of independent board members and has several missing governance policies, which raises questions about its oversight and transparency.

The organization does maintain a record of board meeting minutes and has a transparent listing of its website on the tax form, which are positive aspects. However, the absence of a conflict of interest policy, whistleblower policy, and document retention guidelines reflects weaknesses in its governance structure. Additionally, its program expense ratio of 39.36% suggests that a considerable portion of its resources may not be directed toward its mission-related activities.

Overall, while there are some administrative practices in place, the significant deficiencies in governance and financial management as highlighted by the low score from Charity Navigator present major challenges for the Friends Of The Nipomo Library in building trust and effectively serving its community.

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

Friends Of The Nipomo Library is a legitimate nonprofit organization registered as a 501(c)(3) entity. Friends Of The Nipomo 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

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Official website here: www.fonl.net