Overview
What is Peninsula Friends Of The Library?
Peninsula Friends of the Library is a nonprofit organization situated in Palos Verdes Peninsula, California. With a small team of three individuals, their primary goal is to raise funds in support of the Palos Verdes Library District (PVLD). They aim to foster community engagement and enthusiasm for PVLD's services, programs, and needs. To achieve this, they organize special events and manage the sale of donated books, contributing to the library's resources. By doing so, the Peninsula Friends of the Library plays a crucial role in enhancing the library's offerings and promoting its significance within the community.
Official website here: www.pvldfriends.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96% (Four-Star out of Four Star Rating)
Peninsula Friends of the Library has received a commendable Four-Star rating from Charity Navigator, reflecting strong performance in accountability and finance with an overall score of 96%. This high rating indicates that the organization has effectively utilized its resources while maintaining transparency and financial health, which is crucial for donor trust and support.
The organization's governance is notably robust, with an independent board comprised entirely of 16 members, earning full points for independence. Additionally, the charity demonstrates excellent oversight with a fully functional audit and oversight committee. Their commitment to best practices is further emphasized by the presence of a conflict of interest policy, whistleblower policy, and thorough documentation of board meeting minutes.
Despite these strengths, it's important to recognize that while the financial metrics are impressive—such as a program expense ratio of over 81%—potential donors should always consider how these metrics align with their personal values and intentions for supporting the nonprofit. Overall, Peninsula Friends of the Library appears to be a responsible and effective organization dedicated to its mission.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about Peninsula Friends Of The Library?
96% of 18 reviewers on Facebook recommend Peninsula Friends Of The Library. Here is a summary of their reviews:
Many patrons express a strong appreciation for the activities and events offered at the library, highlighting a welcoming atmosphere for all age groups. The enthusiasm for local engagement and community involvement appears to resonate with visitors, encouraging them to participate in various programs.
Overall, it seems that the nonprofit effectively fosters a sense of community and provides valuable resources and activities, making it a beloved institution among its supporters.
This AI summary has been generated from reviews found on Facebook.
Is Peninsula Friends Of The Library legitimate?
Peninsula Friends Of The Library is a legitimate nonprofit organization registered as a 501(c)(3) entity. Peninsula Friends Of The 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: $95,681
Professional Fundraising Fees: $0
Other Salaries and Wages: $20,327
For more financial information, click here
Official website here: www.pvldfriends.org
What is the mission statement of Peninsula Friends Of The Library?
The Peninsula Friends of the Library's mission is centered around supporting the Palos Verdes Library District. Their primary goal is to raise funds for this organization. Additionally, they strive to foster community awareness and enthusiasm for the library district's services, programs, and needs. To achieve this, they organize special events and manage the sale of donated books. This non-profit organization serves to strengthen the library's presence in the community and enhance its offerings.
Official website here: www.pvldfriends.org
Who is the CEO of Peninsula Friends Of The Library?
Ron Defrees is the President of Peninsula Friends Of The Library.
Official website here: www.pvldfriends.org
What is the revenue of Peninsula Friends Of The Library?
Peninsula Friends Of The Library's revenue in 2022 was $585,841.
Official website here: www.pvldfriends.org
Who are the executives of Peninsula Friends Of The Library and what are their salaries?
The average compensation at Peninsula Friends Of The Library during 2022 was $38,669. There are 3 employees and 200 volunteers at Peninsula Friends Of The Library.
Here are 17 key members and their salaries:
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Official website here: www.pvldfriends.org
Where can I find the form 990 for Peninsula Friends Of The Library?
Peninsula Friends Of The Library's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.pvldfriends.org
Learn more at the official website: www.pvldfriends.org
Mission Statement of Peninsula Friends Of The Library
The Peninsula Friends of the Library, as a nonprofit organization, is committed to two primary objectives. Firstly, it aims to raise funds to support the Palos Verdes Library District (PVLD). This financial backing is crucial in ensuring the continued operation and development of PVLD services and programs. Secondly, the Peninsula Friends of the Library seeks to foster community awareness and enthusiasm for these library district offerings. To achieve this objective, the organization actively engages in various initiatives. It organizes special events and manages the sale of donated books, contributing to the overall visibility and support for the Palos Verdes Library District and its offerings.
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Impact
July, 2024
Peninsula Friends Of The Library plays a crucial role in supporting the Palos Verdes Library District by raising funds and building community awareness for its services, programs, and needs. Through special events and book sales, the organization effectively generates financial resources to enhance the library's offerings and promote literacy and education in the community. Its impact can be seen in the tangible support provided to the library district, fostering a love for reading and learning among residents while ensuring the sustainability of library programs and services.
This information is meant to be a general summary of Peninsula Friends Of The 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $86,049
- Program Service Revenue: $144,306
- Gross Receipts: $585,841
Assets and Liabilities:
- Total Assets: $3,297,168
- Total Liabilities: $597,379
- Net Assets: $2,699,789
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
DONATED BOOK SALES
Revenue
$124,693
LIBRARY SHOP
Revenue
$19,613
Organization Details
Founding Year
1961
Phone
(310) 377-9584Principal Officer
Ron Defrees
Main Address
PO BOX 2361, PALOS VERDES PENINSULA, CA, 90274
Website
www.pvldfriends.orgNTEE Category
Code: B110 - Education
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