Friends Of American Fork Library

Charity Navigator Rating: Needs Improvement (67%, Two-Star out of Four Star rating)

Friends of American Fork Library has received a rating of "Needs Improvement" from Charity Navigator, indicating some areas for growth despite strong performance in certain accountability and finance metrics. The organization scored 100% in accountability and finance but has no independent board members, which raises concerns about governance.

The nonprofit has demonstrated a solid commitment to its program expenses, with an impressive program expense ratio of 93.11%, meaning that a large portion of its budget directly supports its mission. However, the lack of independent board members and the absence of key policies, such as a conflict of interest policy and a publicly accessible tax form, signify governance issues that could hinder transparency and trust.

While Friends of American Fork Library has effectively retained and documented essential meeting minutes and has a whistleblower policy in place, its overall governance structure and public accessibility of important documents require attention. Addressing these weaknesses could significantly enhance the organization's credibility and operational effectiveness.

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

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