Overview
What is Pacific Palisades Library Association Inc?
Pacific Palisades Library Association Inc is a nonprofit organization situated in Pacific Palisades, California. Their primary focus is to procure library books and audio-visual materials, making these resources readily available for the community as well as patrons of the Los Angeles Public Library. The organization's mission is to provide free and effortless access to a wealth of information, ideas, books, and technology, ultimately enriching, educating, and empowering every individual within the city's diverse communities. By doing so, they contribute to fostering an environment that encourages learning and personal growth.
Official website here: www.palilibrary.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 43% (Zero-Star out of Four Star Rating)
The Pacific Palisades Library Association Inc has received a 43% score from Charity Navigator, which translates to a Zero-Star rating. This rating primarily reflects the organization's accountability and finance metrics, indicating significant areas for improvement. While the organization boasts a fully independent board and has no reported material diversion of assets, the score reveals substantial weaknesses in its financial management and transparency.
Strengths of the organization include having a completely independent board with 19 members and a strong conflict of interest policy. Additionally, the library association maintains accurate documentation of board meeting minutes, which suggests a degree of organizational governance. However, the absence of key policies, such as a whistleblower policy and a document retention and destruction policy, raises concerns about its operational integrity.
On the financial side, the organization has a concerning program expense ratio of only 40.97%, indicating that a significant portion of its resources may not be directed towards its core mission. The liabilities to assets ratio is also alarmingly low, suggesting potential financial instability. To improve its standing, the Pacific Palisades Library Association Inc will need to address these critical gaps in management and transparency.
This AI summary has been generated from information found on Charity Navigator.
Is Pacific Palisades Library Association Inc legitimate?
Pacific Palisades Library Association Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Pacific Palisades Library Association 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:
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Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.palilibrary.org
What is the mission statement of Pacific Palisades Library Association Inc?
The Pacific Palisades Library Association Inc's mission is centered around providing free and easy access to a wealth of information, ideas, books, and technology. This resource serves to enrich, educate, and empower every individual in the city's diverse communities. By doing so, it aims to foster an environment that empowers individuals to grow and learn, enriching their lives and promoting personal development. The association acquires a variety of library books and audio-visual materials, which are made available not only to its patrons but also to the wider community, furthering its goal of promoting knowledge and learning.
Official website here: www.palilibrary.org
Who is the CEO of Pacific Palisades Library Association Inc?
Laura Smissaert is the President of Pacific Palisades Library Association Inc.
Official website here: www.palilibrary.org
What is the revenue of Pacific Palisades Library Association Inc?
Pacific Palisades Library Association Inc's revenue in 2022 was $40,373.
Official website here: www.palilibrary.org
Who are the executives of Pacific Palisades Library Association Inc and what are their salaries?
Here are 7 key members and their salaries:
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Official website here: www.palilibrary.org
Where can I find the form 990 for Pacific Palisades Library Association Inc?
Pacific Palisades Library Association Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.palilibrary.org
Learn more at the official website: www.palilibrary.org
Mission Statement of Pacific Palisades Library Association Inc
Pacific Palisades Library Association Inc's mission is centered around providing free and effortless access to a wealth of information, ideas, books, and technology. This organization strives to enrich, educate, and empower every individual within the city's diverse communities. By doing so, it aims to create an inclusive environment where knowledge and innovation can flourish. The association accomplishes this by purchasing a variety of library books and audio-visual materials that are available to the community and patrons of the Los Angeles Public Library. These resources serve as a valuable tool, providing opportunities for personal growth and development.
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Impact
August, 2024
Pacific Palisades Library Association Inc's impact is profound and far-reaching as it provides free and easy access to information, ideas, books, and technology that enrich, educate, and empower every individual in the city's diverse communities. Through the purchase of library books and audio-visual materials, this organization ensures that valuable resources are readily available to the community and patrons of the Los Angeles Public Library. By offering these resources, Pacific Palisades Library Association Inc plays a vital role in promoting education and fostering a culture of lifelong learning in Pacific Palisades, CA.
This information is meant to be a general summary of Pacific Palisades Library Association 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: $12,278
- Program Service Revenue: $3,003
- Gross Receipts: $379,874
Assets and Liabilities:
- Total Assets: $1,769,852
- Total Liabilities: $0
- Net Assets: $1,769,852
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Organization Details
Founding Year
1961
Phone
(818) 379-9800Principal Officer
Laura Smissaert
Main Address
PO BOX 2, PACIFIC PALISADES, CA, 902720002
Website
www.palilibrary.orgNTEE Category
Code: B70 - Education
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