Overview
What is Library Friends Of Payson Inc?
Library Friends of Payson Inc is a nonprofit organization situated in Payson, Arizona. They primarily focus on supporting the Payson Public Library, offering assistance beyond what is provided by the Town of Payson and Gila County. Their contributions include the purchase of books, funding for children's activities, and maintaining the library's building. Their monthly expenditures on books and magazines alone exceed $2,700. They also provide program support, such as summer reading programs, and contribute to the upkeep of the library's equipment and facilities, as well as providing miscellaneous other support.
Official website here: www.library friends of payson.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: Two-Star out of Four Star rating, Overall Score: 73%
Library Friends Of Payson Inc has received a rating of "Needs Improvement" from Charity Navigator, reflecting concerns in its financial management and transparency. While the organization demonstrates strong governance with an independent board and a solid liabilities to assets ratio, it has significant shortcomings in financial statement availability and specific policies, such as whistleblower and document retention policies.
The organization scored full points for program expense ratio and material diversion of assets, indicating that funds are likely being utilized effectively for their intended purposes. However, the lack of financial statements and insufficient documentation practices limit trust and accountability, which are crucial for potential donors and stakeholders.
Overall, while Library Friends Of Payson Inc shows promise with its governance structure and program spending, the noted deficiencies in financial reporting and policy adherence may deter support from the community and potential funders. Improvements in these areas could enhance the organization’s credibility and effectiveness in achieving its mission.
This AI summary has been generated from information found on Charity Navigator.
Is Library Friends Of Payson Inc legitimate?
Library Friends Of Payson Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Library Friends Of Payson 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.
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Official website here: www.library friends of payson.org
What is the mission statement of Library Friends Of Payson Inc?
Library Friends of Payson Inc's mission is centered around assisting the local public library, which is not fully funded by the Town of Payson and Gila County. Their primary roles include providing volunteers and financial contributions, specifically for procuring books, funding children's activities, and maintaining the library's building. Their commitment extends beyond these tasks, as they also invest in program support, equipment maintenance, and offering additional support such as drinking fountains and landscaping.
Official website here: www.library friends of payson.org
Who is the CEO of Library Friends Of Payson Inc?
John R Wilson is the Director of Library Friends Of Payson Inc.
Official website here: www.library friends of payson.org
What is the revenue of Library Friends Of Payson Inc?
Library Friends Of Payson Inc's revenue in 2023 was $502,790.
Official website here: www.library friends of payson.org
Who are the executives of Library Friends Of Payson Inc and what are their salaries?
There 20 volunteers at Library Friends Of Payson Inc.
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Official website here: www.library friends of payson.org
Where can I find the form 990 for Library Friends Of Payson Inc?
Library Friends Of Payson Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.library friends of payson.org
Learn more at the official website: www.library friends of payson.org
Mission Statement of Library Friends Of Payson Inc
Library Friends of Payson Inc plays a crucial role in supporting the Payson Public Library by providing both volunteers and financial assistance. Their mission is to enhance the library's services and facilities beyond what is funded by the Town of Payson and Gila County. Specifically, they contribute to the library's operations by purchasing books, funding children's activities, and maintaining the building's equipment. Their support also extends to program-related expenses, such as summer reading programs and children's activities. In addition, they contribute to the library's upkeep through various maintenance tasks, including fixing drinking fountains and maintaining the landscaping. In essence, Library Friends of Payson Inc serves as a vital partner to the Payson Public Library, ensuring that it can continue to provide high-quality services to its community.
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Impact
July, 2024
Library Friends of Payson Inc plays a vital role in supporting the Payson Public Library by providing critical assistance that is not funded by the Town of Payson and Gila County. This includes purchasing books and magazines, funding children's activities, and supporting building maintenance. On average, the organization invests over $2700 per month in books and magazines, and provides over $7000 for programs like summer reading and children's activities. Additionally, they allocate resources for equipment maintenance, as well as other essential needs such as a drinking fountain, landscaping, and supplies. Through their dedicated efforts, Library Friends of Payson Inc significantly enhances the educational and community services offered by the Payson Public Library.
This information is meant to be a general summary of Library Friends Of Payson 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 2023.
- Investment Income: $4,465
- Gross Receipts: $504,405
Assets and Liabilities:
- Total Assets: $658,540
- Total Liabilities: $6,441
- Net Assets: $652,099
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Organization Details
Founding Year
1983
Phone
(928) 951-0014Principal Officer
John R Wilson
Main Address
PO Box 13, Payson, AZ, 855470013
NTEE Category
Code: B70 - Education
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