Overview
What is Friends Investing In Sacramento Public Library?
Friends Investing in Sacramento Public Library, abbreviated as FISPL, is a supporting organization based in Sacramento, California. Their primary mission is to engage in activities to manage and maintain an endowment fund for the benefit of their supported organizations. This nonprofit organization aims to raise funds and solicit donations and planned gifts for both general and endowment purposes, to contribute to the wellbeing of the Sacramento Public Library. They engage in community gatherings to distribute information about their initiatives and support for the Friends of the Sacramento Public Library.
Official website here: www.saclibfriends.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 97%, Four-Star out of Four Star rating.
Friends Investing In Sacramento Public Library has achieved an impressive 97% rating, indicating a strong commitment to accountability and financial transparency. The rating reflects the organization’s performance across various metrics, with a perfect score in the Accountability & Finance beacon. This level of performance suggests that the nonprofit effectively manages its resources and maintains high standards for governance.
The organization boasts a fully independent board with 100% of its members being independent, which speaks to its commitment to ethical oversight. Additionally, it has no issues with asset diversion, and it follows essential administrative practices like having a conflict of interest policy, a whistleblower policy, and proper document retention procedures, all of which contribute to its strong governance framework.
Another notable strength is the program expense ratio, which stands at 100%, indicating that all its expenses are directed toward its programs. Overall, Friends Investing In Sacramento Public Library demonstrates excellent financial health and governance, making it a reliable nonprofit within its sector.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about Friends Investing In Sacramento Public Library?
88% of 6 reviewers on Facebook recommend Friends Investing In Sacramento Public Library. Here is a summary of their reviews:
The organization is praised for its friendly and knowledgeable staff who contribute to a positive experience. Many have highlighted the exceptional prices and a diverse selection of materials, which enhances the value it provides to the community. Overall, the sentiment reflects satisfaction and appreciation toward the services offered, indicating that the nonprofit effectively meets the needs of its patrons.
This AI summary has been generated from reviews found on Facebook.
Is Friends Investing In Sacramento Public Library legitimate?
Friends Investing In Sacramento Public Library is a legitimate nonprofit organization registered as a 501(c)(3) entity. Friends Investing In Sacramento Public 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.saclibfriends.org
What is the mission statement of Friends Investing In Sacramento Public Library?
The mission of Friends Investing in Sacramento Public Library (FISPL) involves supporting the Friends of the Sacramento Public Library by raising funds for its benefit. As a supporting organization, FISPL engages in activities to manage and maintain an endowment fund. They solicit donations and planned gifts for both general and endowment purposes. FISPL disseminates information about their initiatives at community gatherings, aiming to contribute positively to the library's resources and services.
Official website here: www.saclibfriends.org
What is the revenue of Friends Investing In Sacramento Public Library?
Friends Investing In Sacramento Public Library's revenue in 2023 was $425,175.
Official website here: www.saclibfriends.org
Who are the executives of Friends Investing In Sacramento Public Library and what are their salaries?
There 10 volunteers at Friends Investing In Sacramento Public Library.
Here are 5 key members and their salaries:
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- Other: $0
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- Other: $0
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- Other: $0
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Official website here: www.saclibfriends.org
Where can I find the form 990 for Friends Investing In Sacramento Public Library?
Friends Investing In Sacramento Public Library's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.saclibfriends.org
Learn more at the official website: www.saclibfriends.org
Mission Statement of Friends Investing In Sacramento Public Library
Friends Investing In Sacramento Public Library, often abbreviated as FISPL, is a supporting organization with a mission to engage in activities aimed at managing and maintaining an endowment fund for the benefit of its supported organizations. This nonprofit's primary objective is to solicit donations and planned gifts for both general and endowment purposes, with the ultimate goal of supporting Friends of the Sacramento Public Library. FISPL distributes information about its activities and initiatives at various community gatherings, further solidifying its commitment to the Sacramento Public Library. By raising funds and managing an endowment, FISPL aims to contribute significantly to the overall well-being and sustainability of the Sacramento Public Library.
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Impact
October, 2024
Friends Investing In Sacramento Public Library plays a crucial role in enhancing the resources and services of the Sacramento Public Library system. By raising funds and managing an endowment, they ensure financial stability and sustainability for library programs. Their efforts directly support community initiatives that promote literacy, education, and access to information.
Through active engagement with the community, including distributing information at various gatherings, they raise awareness about the importance of library services and the benefits they offer to residents. This outreach not only fosters a stronger connection between library patrons and the library itself but also encourages community involvement and investment in local educational resources.
By soliciting donations and planned gifts, Friends Investing In Sacramento Public Library secures vital funding that allows the library to expand its offerings, improve technological access, and enhance educational programs. Their structured approach to supporting the library underscores the value of community-driven efforts in enriching public education and fostering lifelong learning opportunities in Sacramento.
This information is meant to be a general summary of Friends Investing In Sacramento Public 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 2023.
- Investment Income: $54,350
- Gross Receipts: $537,109
Assets and Liabilities:
- Total Assets: $1,839,672
- Total Liabilities: $74,372
- Net Assets: $1,765,300
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Organization Details
Founding Year
2019
Principal Officer
David Wagner
Website
www.saclibfriends.orgNTEE Category
Code: B11 - Education
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