Overview
What is Fort Vancouver Regional Library Foundation?
The Fort Vancouver Regional Library Foundation is a nonprofit organization situated in Vancouver, Washington. With a small team of four individuals, the foundation's primary mission is to extend and improve public library services for residents of Southwest Washington. They accomplish this by supporting the fourteen libraries in the region through various means. Each library has its own 'Friends of the Library' group, which collects membership dues, organizes book sales, and participates in fundraising events and campaigns to supplement the library's budget. In addition to the support provided by the Friends groups, the foundation plays a crucial role in augmenting the libraries' resources, thereby enhancing the quality and scope of services offered to the community.
Official website here: www.fvrlfoundation.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96%, Four-Star out of Four Star rating
The Fort Vancouver Regional Library Foundation has achieved a commendable 96% rating from Charity Navigator, signifying strong accountability and financial health. This score reflects the organization's commitment to maintaining high standards in financial oversight, governance, and transparency. The foundation stands out with a fully independent board, which enhances its credibility and trustworthiness.
Strengths of the foundation include a robust program expense ratio of 83.39%, indicating that a significant majority of its expenses are allocated directly to its mission-driven programs. Additionally, the presence of a thorough audit and oversight committee underscores the foundation's dedication to financial integrity and responsible management of resources. Policies regarding conflict of interest and whistleblower protections are also well-documented, further reinforcing the foundation's commitment to ethical practices.
There are no noted limitations in the data provided, suggesting that the Fort Vancouver Regional Library Foundation operates with strong fiscal responsibility and governance practices, making it a reliable choice for potential donors and supporters.
This AI summary has been generated from information found on Charity Navigator.
Is Fort Vancouver Regional Library Foundation legitimate?
Fort Vancouver Regional Library Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Fort Vancouver Regional Library Foundation 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: $177,850
Professional Fundraising Fees: $0
Other Salaries and Wages: $247,350
For more financial information, click here
Official website here: www.fvrlfoundation.org
What is the mission statement of Fort Vancouver Regional Library Foundation?
The Fort Vancouver Regional Library Foundation's mission is centered around expanding and enhancing the scope and quality of public library services for residents in southwest Washington. Through various initiatives, they strive to extend the reach of these services, ensuring they are accessible and impactful for the community. This is achieved through the support of the fourteen libraries in the region, each having their own Friends of the Library group that organizes fundraising events and campaigns. The Foundation also provides additional support to these libraries, contributing to the overall improvement of library services for the local population.
Official website here: www.fvrlfoundation.org
Who is the CEO of Fort Vancouver Regional Library Foundation?
Rick Smithrud is the Board Member of Fort Vancouver Regional Library Foundation.
Official website here: www.fvrlfoundation.org
What is the revenue of Fort Vancouver Regional Library Foundation?
Fort Vancouver Regional Library Foundation's revenue in 2023 was $1,149,364.
Official website here: www.fvrlfoundation.org
Who are the executives of Fort Vancouver Regional Library Foundation and what are their salaries?
The average compensation at Fort Vancouver Regional Library Foundation during 2023 was $106,300. There are 4 employees and 118 volunteers at Fort Vancouver Regional Library Foundation.
Here are 10 key members and their salaries:
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- Compensation: $100,773
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- Other: $42,389
Official website here: www.fvrlfoundation.org
Where can I find the form 990 for Fort Vancouver Regional Library Foundation?
Fort Vancouver Regional Library Foundation's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.fvrlfoundation.org
Learn more at the official website: www.fvrlfoundation.org
Mission Statement of Fort Vancouver Regional Library Foundation
The Fort Vancouver Regional Library Foundation works towards extending the reach and enhancing the depth of public library services for residents in southwest Washington. To achieve this mission, the foundation collaborates with fourteen local libraries by supporting their needs beyond what the regular budget provides. Each library has a Friends of the Library group that contributes through membership dues, book sales, and various fundraising events and campaigns. The Foundation further bolsters these libraries' resources, ensuring that they can provide a wealth of knowledge and services to their communities effectively.
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Impact
July, 2024
The Fort Vancouver Regional Library Foundation's impact is significant in extending the reach and enhancing the depth of public library services to residents of Southwest Washington. Through its support, each of the fourteen libraries in the region receives additional resources and funding to offer a wide range of educational and cultural programs to the community. The Foundation works in collaboration with Friends of the Library groups to raise funds through dues, book sales, and other events to further support these libraries. Their mission to enhance public library services underscores their commitment to promoting education and access to information for the residents of Southwest Washington.
This information is meant to be a general summary of Fort Vancouver Regional Library Foundation. 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: $381,035
- Program Service Revenue: $22,425
- Gross Receipts: $1,726,486
Assets and Liabilities:
- Total Assets: $9,373,957
- Total Liabilities: $21,180
- Net Assets: $9,352,777
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PROGRAM SERVICE REVENU
Revenue
$17,133
FRIENDS GROUP MEMBERSH
Revenue
$5,292
Organization Details
Founding Year
1991
Phone
(360) 906-4700Principal Officer
Rick Smithrud
Main Address
PO BOX 2384, VANCOUVER, WA, 98668
Website
www.fvrlfoundation.orgNTEE Category
Code: B70Z - Education
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