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Friends Of The Chinatown Library

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 953169749 ✦ Los angeles, CA ✦ Designated as a 501(c)(3)

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Overview

What is Friends Of The Chinatown Library?

Friends of the Chinatown Library is a nonprofit organization dedicated to supporting the local library and serving the community. Their primary objectives include providing financial assistance to the library, ensuring continued services, granting scholarships to students, and expanding the library's collection of books and publications for the community's benefit. By doing so, they aim to enhance educational opportunities and enrich the cultural resources available to the community members.

Is Friends Of The Chinatown Library legitimate?

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

What is the mission statement of Friends Of The Chinatown Library?

The mission of Friends Of The Chinatown Library is focused on providing support to the local library and serving the community. They accomplish this by offering financial assistance to the library, maintaining its services, granting scholarships to students, and acquiring books and publications for the community. This organization aims to contribute to the educational and informational needs of the community, thereby enriching its members' lives.

What is the revenue of Friends Of The Chinatown Library?

Friends Of The Chinatown Library's revenue in 2024 was $153,535.

Who are the executives of Friends Of The Chinatown Library and what are their salaries?

There 18 volunteers at Friends Of The Chinatown Library.

Here are 9 key members and their salaries:


Ryan Wong (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Susan G Dickson (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Candace Lee (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Nancy So-Green (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Cherry Gee (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Patricia Kao (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Angelica Moyes (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Roger Wong (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Vivi Wong (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Friends Of The Chinatown Library?

Friends Of The Chinatown Library's most recent form 990 was submitted in 2024 and can be accessed here.

Mission Statement of Friends Of The Chinatown Library

Friends of the Chinatown Library is a nonprofit organization with a mission to support the local library and serve the community. Their primary objectives include providing financial aid to the library, preserving its services, and offering scholarships to students. Furthermore, they aim to enrich the community by acquiring books and publications for public use. By carrying out these activities, Friends of the Chinatown Library contributes to the educational and informational needs of the community, fostering a literate and knowledgeable population.

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Impact




October, 2024

Friends of the Chinatown Library plays a crucial role in enhancing community services through financial support for the library. By providing essential funding, the organization helps maintain library services that are vital for residents. They also facilitate access to educational resources by acquiring books and publications, enriching the community's knowledge base.

Furthermore, Friends of the Chinatown Library offers scholarships to students, empowering the next generation through educational opportunities. This commitment not only fosters academic achievement but also strengthens the community's cultural and intellectual landscape. Overall, their actions create a supportive environment that promotes education and resource accessibility in Los Angeles.




This information is meant to be a general summary of Friends Of The Chinatown Library. 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.

Revenue
$153,535 (2024)
Expenses
$60,805 (2024)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2024.

  • Investment Income: $67,881
  • Gross Receipts: $281,426

Assets and Liabilities:

  • Total Assets: $1,518,204
  • Total Liabilities: $0
  • Net Assets: $1,518,204

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Organization Details

Founding Year

1976

Principal Officer

Ryan Wong

NTEE Category

Code: B71I - Education

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