Overview
What is Thousand Oaks Library Foundation?
The Thousand Oaks Library Foundation is a charitable organization situated in Thousand Oaks, California. Its primary aim is to bolster community development by championing the excellence of the Thousand Oaks Library system. This is achieved through philanthropy, advocacy, and outreach initiatives. The foundation plays a crucial role in preserving and making unique collections open to the general public, and it raises funds to enhance the library's services. Additionally, the Thousand Oaks Library Foundation contributes to the "One City One Book" city-wide project by providing educational materials, DVDs, and programs, thereby promoting broader access to knowledge.
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What are the reviews and ratings of this charity?
Charity Navigator Rating: 97%, Four-Star out of Four Star Rating
The Thousand Oaks Library Foundation has achieved an impressive 97% score, reflecting a strong commitment to accountability and finance. This high rating indicates that the organization adheres to best practices in financial transparency and governance, as evidenced by its perfect scores in key areas such as board independence and a robust conflict of interest policy.
The foundation's governance is particularly noteworthy, with 100% of its board members being independent and a well-structured board size that supports effective oversight. Additionally, the organization demonstrates excellent financial health, with a low liabilities to assets ratio of 0.19% and a program expense ratio of 75.20%, indicating that a significant portion of its funding is directed toward its programs rather than administrative costs.
While the data reflects a strong organizational framework and financial responsibility, ongoing monitoring of its impact and community engagement would further enhance its reputation and effectiveness. Overall, the Thousand Oaks Library Foundation stands out as a highly rated nonprofit dedicated to supporting library services.
This AI summary has been generated from information found on Charity Navigator.
Is Thousand Oaks Library Foundation legitimate?
Thousand Oaks Library Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Thousand Oaks Library Foundation submitted a form 990EZ, 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.
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Official website here: www.americanradioarchives.com
What is the mission statement of Thousand Oaks Library Foundation?
The Thousand Oaks Library Foundation works towards enhancing communities by championing the excellence of local library systems through philanthropy, advocacy, and community outreach. Its primary objective is to preserve and make unique collections available to the public, and it raises funds to enhance the library's services. The foundation contributes to the "One City One Book" city-wide project by providing educational resources and DVDs, aiming to improve access to knowledge.
Official website here: www.americanradioarchives.com
What is the revenue of Thousand Oaks Library Foundation?
Thousand Oaks Library Foundation's revenue in 2022 was $29,871.
Official website here: www.americanradioarchives.com
Who are the executives of Thousand Oaks Library Foundation and what are their salaries?
Here are 8 key members and their salaries:
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Official website here: www.americanradioarchives.com
Where can I find the form 990EZ for Thousand Oaks Library Foundation?
Thousand Oaks Library Foundation's most recent form 990EZ was submitted in 2022 and can be accessed here.
Official website here: www.americanradioarchives.com
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Mission Statement of Thousand Oaks Library Foundation
The Thousand Oaks Library Foundation is committed to enhancing communities by championing the excellence of the Thousand Oaks Library system. Through philanthropy, advocacy, and outreach, the organization works tirelessly to preserve and make special collections available to the public. Furthermore, it raises funds to enhance the library's services, providing resources such as DVDs and educational materials for the "One City One Book" project, which aims to improve access to knowledge for the community as a whole.
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Impact
August, 2024
The Thousand Oaks Library Foundation's impact can be seen in the way it strengthens communities by supporting excellence in the Thousand Oaks Library system. Through philanthropy, advocacy, and outreach efforts, the foundation works towards preserving and making special collections accessible to the public. Additionally, it raises funds to improve the library's services, providing DVDs, educational items, and programs for the "One City One Book" city-wide project to enhance access to knowledge. Its work contributes to the enrichment of the community and the promotion of literacy and education in Thousand Oaks, CA.
This information is meant to be a general summary of Thousand Oaks 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 2022.
- Investment Income: $63
- Program Service Revenue: $27,923
- Gross Receipts: $29,871
Assets and Liabilities:
- Total Assets: $304,302
- Total Liabilities: $1,847
- Net Assets: $302,455
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Organization Details
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