Friends Of Washoe County Library

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

Friends Of Washoe County Library has received a two-star rating from Charity Navigator, indicating a need for improvement in certain areas. The organization scored 67% overall, with a strong program expense ratio of 79.93%, reflecting a commitment to utilizing funds for its core mission. However, the lack of independent board members raises concerns about governance and accountability.

The organization has not established essential policies such as a conflict of interest policy, whistleblower policy, and document retention and destruction policy, which are critical for transparency and ethical operations. Additionally, the absence of a website listed on the tax form and the failure to post tax forms on its website further diminish its accountability score.

While Friends Of Washoe County Library demonstrates financial responsibility with no material diversion of assets and an excellent liabilities to assets ratio, the weaknesses in governance and transparency policies highlight areas that could benefit from significant attention and improvement for future sustainability.

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

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

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