Overview
What is Friends Of The Sunnyvale Public Library Inc?
Friends of the Sunnyvale Public Library Inc is a nonprofit organization situated in Sunnyvale, California, specifically at 665 W Olive Ave. Their primary objective is to support various programs and acquisitions for the Sunnyvale Public Library. The organization primarily generates income through the sale of donated books, and their primary expenses are directed towards funding library programs that are not covered by the city's budget. The Friends of the Sunnyvale Public Library Inc contribute to the library's Summer Reading programs for both children and adults, as well as various other children's and adult's programs and special events. Their efforts enrich the library experience for the Sunnyvale community.
Official website here: www.fotsvl.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 41% (Zero-Star out of Four Star rating)
Friends Of The Sunnyvale Public Library Inc has received a low score of 41%, reflecting significant concerns regarding its governance and financial accountability. The charity has a complete lack of independent board members, which raises questions about oversight and decision-making. Additionally, the absence of essential policies such as conflict of interest, whistleblower protection, and document retention further detracts from its accountability ratings.
Despite some strengths, such as no material diversion of assets and a positive liabilities to assets ratio, the overall accountability and finance score remains poor. The organization has a program expense ratio of nearly 58%, indicating that a good portion of its expenses is directed towards its mission-related activities. However, the lack of transparency, as evidenced by missing financial documents on its website, undermines trust among potential donors and supporters.
To improve its rating and overall effectiveness, Friends Of The Sunnyvale Public Library Inc should prioritize establishing independent board members and implementing crucial governance policies. These steps would enhance its credibility and ensure better oversight, ultimately fostering greater confidence among stakeholders.
This AI summary has been generated from information found on Charity Navigator.
Is Friends Of The Sunnyvale Public Library Inc legitimate?
Friends Of The Sunnyvale Public Library Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Friends Of The Sunnyvale Public Library 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.
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.fotsvl.org
What is the mission statement of Friends Of The Sunnyvale Public Library Inc?
The mission of Friends Of The Sunnyvale Public Library Inc is centered around funding various programs and acquisitions for a public library. Specifically, they support the library's initiatives that are not covered by the city's budget. Their primary source of income comes from the sale of donated books, while their primary expenses are directed towards these library programs. The organization contributes to the Sunnyvale Public Library's Summer Reading programs for both children and adults, as well as various children's and adults' programs and special events.
Official website here: www.fotsvl.org
Who is the CEO of Friends Of The Sunnyvale Public Library Inc?
Kathy Boelter is the President of Friends Of The Sunnyvale Public Library Inc.
Official website here: www.fotsvl.org
What is the revenue of Friends Of The Sunnyvale Public Library Inc?
Friends Of The Sunnyvale Public Library Inc's revenue in 2022 was $88,957.
Official website here: www.fotsvl.org
Who are the executives of Friends Of The Sunnyvale Public Library Inc and what are their salaries?
There 50 volunteers at Friends Of The Sunnyvale Public Library Inc.
Here are 3 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
Official website here: www.fotsvl.org
Where can I find the form 990 for Friends Of The Sunnyvale Public Library Inc?
Friends Of The Sunnyvale Public Library Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.fotsvl.org
Learn more at the official website: www.fotsvl.org
Mission Statement of Friends Of The Sunnyvale Public Library Inc
Friends of the Sunnyvale Public Library Inc, a nonprofit organization, is devoted to funding the programs and acquisitions for the Sunnyvale Public Library. Their primary mission is to provide financial support for library initiatives that are not funded by the city. This support extends to various programs, including the popular Summer Reading programs for both children and adults, as well as a range of specialized events for adults and children. By leveraging their primary source of income, the sale of donated books, Friends of the Sunnyvale Public Library Inc ensures that these library programs continue to thrive and enrich the community.
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Impact
October, 2024
Friends Of The Sunnyvale Public Library Inc significantly enhances the cultural and educational landscape of Sunnyvale. Its primary impact lies in the funding and support it provides for various library programs and acquisitions that are not covered by the city’s budget. By organizing sales of donated books, the organization generates essential revenue to sustain valuable initiatives such as Summer Reading programs for both children and adults, as well as special events and programs tailored to diverse audiences.
Through its efforts, Friends Of The Sunnyvale Public Library Inc enriches the community’s access to educational resources, fosters a love for reading, and promotes literacy among residents of all ages. The organization plays a vital role in ensuring that the Sunnyvale Public Library can continue to offer engaging and informative programs, making it a cornerstone of lifelong learning in the community.
This information is meant to be a general summary of Friends Of The Sunnyvale Public Library 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 2022.
- Investment Income: -$4,000
- Gross Receipts: $97,769
Assets and Liabilities:
- Total Assets: $975,215
- Total Liabilities: $0
- Net Assets: $975,215
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Organization Details
Founding Year
1965
Phone
(408) 730-7501Principal Officer
Kathy Boelter
Main Address
665 W OLIVE AVE, SUNNYVALE, CA, 940867622
Website
www.fotsvl.orgNTEE Category
Code: B70 - Education
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