Overview
What is Johnstown Public Library Foundation Inc?
The Johnstown Public Library Foundation Inc, situated in Johnstown, New York, serves as a supportive entity for the Johnstown Public Library. Its primary mission is to enhance and promote the library's programs and facilities. The foundation provides financial assistance and support for specific library purposes, programs, and projects, aiming to make the library more beneficial to the local community. Additionally, they organize educational and charitable programs, engaging the community and contributing to the library's overall value.
What are the reviews and ratings of this charity?
Charity Navigator Rating: Zero-Star out of Four Star rating
The Johnstown Public Library Foundation Inc has received a zero-star rating from Charity Navigator, indicating significant concerns regarding its financial accountability and transparency. The overall score stands at 40%, with a particularly low program expense ratio of 13.68%, suggesting that a minimal portion of its expenses is directed toward its programs and services. While the organization demonstrates strengths in governance, with full scores for independent board members and conflict of interest policy, these do not compensate for the critical deficiencies noted.
The foundation has a fully independent board and adheres to policies concerning asset diversion, but it lacks essential policies such as whistleblower protections and document retention, scoring zero in these areas. These shortcomings raise questions about operational oversight and the safeguarding of organizational integrity. Furthermore, the liabilities to assets ratio is exceptionally low at 0.00%, indicating a possible lack of financial activity or engagement.
Overall, while there are governance strengths, the financial metrics and lack of critical policies suggest that the Johnstown Public Library Foundation Inc may not be utilizing its resources effectively for its intended mission. This raises significant concerns for potential donors and stakeholders regarding the organization’s commitment to transparency and programmatic impact.
This AI summary has been generated from information found on Charity Navigator.
Is Johnstown Public Library Foundation Inc legitimate?
Johnstown Public Library Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Johnstown Public Library Foundation Inc 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
What is the mission statement of Johnstown Public Library Foundation Inc?
The Johnstown Public Library Foundation Inc's mission is centered around supporting and enhancing the programs and facilities of the local library. They aim to provide financial assistance and backing for specific library purposes, programs, and projects. Additionally, they organize educational and charitable programs that engage the community, ultimately making the library's offerings more valuable to its local population. The foundation's activities extend beyond financial support, as they also work to create programs that engage the community and enrich the library's offerings.
Who is the CEO of Johnstown Public Library Foundation Inc?
J Christopher Foss is the President of Johnstown Public Library Foundation Inc.
What is the revenue of Johnstown Public Library Foundation Inc?
Johnstown Public Library Foundation Inc's revenue in 2022 was $42,021.
Who are the executives of Johnstown Public Library Foundation Inc and what are their salaries?
There 6 volunteers at Johnstown Public Library Foundation Inc.
Here are 6 key members and their salaries:
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Where can I find the form 990 for Johnstown Public Library Foundation Inc?
Johnstown Public Library Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Johnstown Public Library Foundation Inc
The Johnstown Public Library Foundation Inc is committed to enhancing and amplifying the programs and facilities of the Johnstown Public Library. By providing financial aid and support for specific library purposes, programs, and projects, the Foundation aims to make the library's offerings more valuable to the local community. In addition to this, the organization actively organizes educational and charitable programs that engage the community, further enriching the library's impact. The ultimate goal of the Johnstown Public Library Foundation Inc is to benefit and promote the library, ultimately enriching the lives of the people it serves.
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Impact
August, 2024
The Johnstown Public Library Foundation Inc's impact is centered around benefiting, promoting, and supporting the programs and facilities of the Johnstown Public Library. They provide financial assistance and support for specific library purposes, programs, and projects. Additionally, the foundation organizes educational and charitable programs that engage the local community and help enhance the value of the library's offerings to the community. Their focus on education is evident in their mission to support and enrich the library's role in serving the community.
This information is meant to be a general summary of Johnstown Public Library Foundation Inc. 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: $39,937
- Gross Receipts: $107,282
Assets and Liabilities:
- Total Assets: $853,174
- Total Liabilities: $0
- Net Assets: $853,174
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Organization Details
Founding Year
2017
Phone
(518) 762-8317Principal Officer
J Christopher Foss
Main Address
38 SOUTH MARKET STREET, JOHNSTOWN, NY, 12095
NTEE Category
Code: B11 - Education
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