Overview
What is The Library Foundation Of Los Angeles?
The Library Foundation of Los Angeles is a dedicated nonprofit organization, situated in Los Angeles, California. Their primary mission is to bolster the Los Angeles Public Library, enriching its capabilities, resources, and services. This is achieved through fundraising, advocacy, and innovative programs tailored to benefit the diverse community. The foundation focuses on breaking cycles of low literacy in various forms, particularly aiding adults who read below the sixth-grade level through one-on-one tutoring and coaching. They also offer drop-in tutoring, seminars, and classes, as well as English-as-a-second-language services. Furthermore, the foundation supports the library's efforts to address digital equity citywide by circulating high-speed mobile hotspots and laptops at no cost to those in need of digital access. Additionally, their CyberNauts program promotes digital literacy, helping patrons utilize computers effectively. The Library Foundation of Los Angeles also offers an opportunity for adults to earn an accredited high-school diploma through the Career Online High School program.
Official website here: www.lfla.org
What are the reviews and ratings of this charity?
**Charity Navigator Rating: 92% - Four-Star out of Four Star Rating**
The Library Foundation of Los Angeles has earned a Four-Star rating from Charity Navigator, reflecting strong performance in financial health, accountability, and transparency. This rating is notable for its high scores in accountability & finance (92) and leadership & adaptability (100). The organization has demonstrated a strong independent board structure and effective financial oversight practices, ensuring responsible management of resources.
Among its highlighted strengths, the Foundation has raised over $75 million to enhance the services of the Los Angeles Public Library system, showcasing its significant impact in the community. Feedback collection and usage are exemplary, with full scores indicating a robust engagement with constituents. Despite these strengths, its program expense ratio can be seen as a limitation, where it scored lower compared to other metrics, suggesting room for improvement in resource allocation toward direct programming.
Overall, the Library Foundation of Los Angeles stands out for its commitment to enhancing library services and community engagement, yet it faces challenges in maximizing its program expenditures in relation to its overall income. This balance will be essential as it seeks to further its mission of transforming communities through the power of libraries.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about The Library Foundation Of Los Angeles?
88% of 20 reviewers on Facebook recommend The Library Foundation of Los Angeles. Here is a summary of their reviews:
New members express enthusiasm about their experiences with the foundation, highlighting the quality of events, engaging speakers, and supportive staff. Many find exceptional value from their involvement, noting that their time with the foundation has set a positive benchmark compared to other groups. Overall, it seems that the organization effectively meets the expectations of its members, delivering enjoyable and enriching experiences.
This AI summary has been generated from reviews found on Facebook.
Is The Library Foundation Of Los Angeles legitimate?
The Library Foundation Of Los Angeles is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Library Foundation Of Los Angeles 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: $1,228,095
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,615,958
For more financial information, click here
Official website here: www.lfla.org
What is the mission statement of The Library Foundation Of Los Angeles?
The Library Foundation of Los Angeles supports and enriches the capabilities, resources, and services of the Los Angeles Public Library through fundraising, advocacy, and innovative programs. These initiatives aim to benefit the diverse community and promote greater awareness of the library's valuable resources. One of their key focuses is breaking cycles of low literacy in various forms, offering one-on-one tutoring, coaching, seminars, classes, and English-as-a-second-language services. They also provide an opportunity for adults to earn an accredited high-school diploma through their Career Online High School program. Additionally, they promote digital literacy through CyberNauts, offering computer training and providing high-speed mobile hotspots and laptops for digital access. The Foundation also supports the Los Angeles Public Library's Full STEAM Ahead initiative, which promotes science literacy through activities and problem-solving opportunities.
Official website here: www.lfla.org
Who is the CEO of The Library Foundation Of Los Angeles?
Stacy Lieberman is the President Thru 8/2021 of The Library Foundation Of Los Angeles.
Official website here: www.lfla.org
What is the revenue of The Library Foundation Of Los Angeles?
The Library Foundation Of Los Angeles's revenue in 2022 was $7,634,238.
Official website here: www.lfla.org
Who are the executives of The Library Foundation Of Los Angeles and what are their salaries?
The average compensation at The Library Foundation Of Los Angeles during 2022 was $60,512. There are 47 employees and 48 volunteers at The Library Foundation Of Los Angeles.
Here are 56 key members and their salaries:
- Compensation: $421,024
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Official website here: www.lfla.org
Where can I find the form 990 for The Library Foundation Of Los Angeles?
The Library Foundation Of Los Angeles's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.lfla.org
Learn more at the official website: www.lfla.org
Mission Statement of The Library Foundation Of Los Angeles
The Library Foundation of Los Angeles is dedicated to supporting and enriching the capabilities, resources, and services of the Los Angeles Public Library. This nonprofit organization achieves this mission through various means, including fundraising, advocacy, and innovative programs. These initiatives aim to benefit the diverse community and raise awareness of the library's valuable resources.
One of the Foundation's key commitments is breaking cycles of low literacy. Towards this end, they offer the Adult Literacy Initiative, which provides one-on-one tutoring to adults with reading abilities below the sixth-grade level. Additionally, the initiative offers coaching to help these individuals support their children's early literacy development. The Adult Literacy Initiative also includes drop-in tutoring, topical seminars and classes, and English-as-a-second-language services to aid adults in increasing their English-language fluency or becoming literate in their native language.
Furthermore, the Foundation supports the Los Angeles Public Library's efforts to address digital equity citywide by circulating high-speed mobile hotspots and laptops at no cost to those in need of digital access. Additionally, the Cybernauts program promotes digital literacy by offering digital literacy workshops at 37 libraries and through remote services, helping patrons use computers to find information and complete tasks. The Foundation's support for LAPL's Full STEAM Ahead initiative encourages science literacy by offering activities to inspire creativity, explore neighborhood science, and problem-solve for children, adults, and families.
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Impact
July, 2024
The Library Foundation of Los Angeles has a significant impact on the community by investing in lifelong learning and breaking cycles of low literacy. Through its adult literacy initiative, the foundation provides one-on-one tutoring to adults reading below the sixth-grade equivalency, coaching to support adults in literacy, drop-in tutoring, seminars, English-as-another-language services, and a program for earning a high school diploma online. Additionally, the foundation promotes digital literacy through Cybernauts at libraries and digital equity initiatives citywide. Furthermore, the foundation's Full STEAM Ahead initiative promotes science literacy through activities for children, adults, and families.
This information is meant to be a general summary of The Library Foundation Of Los Angeles. 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: $1,557,903
- Gross Receipts: $9,282,855
Assets and Liabilities:
- Total Assets: $59,949,612
- Total Liabilities: $296,991
- Net Assets: $59,652,621
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Organization Details
Founding Year
1992
Phone
(213) 228-7500Principal Officer
Stacy Lieberman
Main Address
630 W FIFTH STREET, LOS ANGELES, CA, 90071
Website
www.lfla.orgNTEE Category
Code: B76Z - Education
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