Overview
What is Friends Of The Sierra Madre Library?
Friends of the Sierra Madre Library is a nonprofit organization dedicated to supporting the Sierra Madre Public Library. Their primary mission is to raise funds for the library, which they utilize to acquire databases, books, CDs, and videos, among other resources. They also sponsor various events, such as the Children's Library and the Teen Reading Club. Funds are raised through various means and then used to reimburse the city for expenses related to the library, typically on a quarterly basis. The library's director submits a request for the upcoming year, which is approved by the Library Board of Trustees and presented to Friends of the Sierra Madre Library. The organization's activities and mission aim to promote awareness and utilization of the Sierra Madre Public Library's programs and services.
Official website here: www.sierramadrelibraryfriends.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 90%, Four-Star out of Four Star rating.
Friends Of The Sierra Madre Library has achieved a strong 90% score, reflecting its commitment to accountability and finance. The organization boasts a perfect score in several key areas, including having an entirely independent board and no material diversion of assets. Their strong program expense ratio of 89.01% indicates a focus on using their resources effectively for their mission.
The organization also complies with transparency requirements, as evidenced by their documentation policies and the listing of meeting minutes. However, they do have a noted absence of a whistleblower policy, which could be a point of concern for governance practices. Overall, their strong financial management and governance structure suggest a responsible nonprofit dedicated to supporting library services in the Sierra Madre community.
This AI summary has been generated from information found on Charity Navigator.
Is Friends Of The Sierra Madre Library legitimate?
Friends Of The Sierra Madre Library is a legitimate nonprofit organization registered as a 501(c)(3) entity. Friends Of The Sierra Madre 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:
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For more financial information, click here
Official website here: www.sierramadrelibraryfriends.org
What is the mission statement of Friends Of The Sierra Madre Library?
The mission of Friends of the Sierra Madre Library is centered around raising funds for the support of a local public library. This organization aims to procure databases, books, CDs, and videos, as well as sponsor events such as the children's library and the teen reading club. Beyond fundraising, Friends of the Sierra Madre Library also works towards promoting awareness and utilization of the library's programs and services. The funds raised by the organization are used in accordance with requests submitted by the library director, which are then approved by the library board of trustees. The city often requests reimbursement for expenses related to the library, which are then covered by Friends of the Sierra Madre Library, typically on a quarterly basis.
Official website here: www.sierramadrelibraryfriends.org
Who is the CEO of Friends Of The Sierra Madre Library?
Darlene Traxler is the President of Friends Of The Sierra Madre Library.
Official website here: www.sierramadrelibraryfriends.org
What is the revenue of Friends Of The Sierra Madre Library?
Friends Of The Sierra Madre Library's revenue in 2023 was $77,947.
Official website here: www.sierramadrelibraryfriends.org
Who are the executives of Friends Of The Sierra Madre Library and what are their salaries?
There 75 volunteers at Friends Of The Sierra Madre Library.
Here are 18 key members and their salaries:
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Official website here: www.sierramadrelibraryfriends.org
Where can I find the form 990 for Friends Of The Sierra Madre Library?
Friends Of The Sierra Madre Library's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.sierramadrelibraryfriends.org
Learn more at the official website: www.sierramadrelibraryfriends.org
Mission Statement of Friends Of The Sierra Madre Library
The Friends of the Sierra Madre Library is an organization dedicated to supporting the local public library by raising funds. Their primary mission is to enhance the library's resources and offerings, including purchasing databases, books, CDs, and videos, as well as sponsoring events such as the Children's Library and Teen Reading Club. By doing so, they aim to promote the utilization and awareness of the library's programs and services.
To accomplish this mission, the Friends of the Sierra Madre Library collaborates with the library's director of services. Each year, the director submits a request for necessary funds, which is then approved by the library board of trustees and presented to the Friends. Throughout the year, the Friends raise funds to cover these expenses. At the end of the year, the city submits requests for reimbursement for any funds spent on the library's behalf. The Friends then reimburse the city, typically on a quarterly basis.
In essence, the Friends of the Sierra Madre Library acts as a vital partner to the library, helping to extend its reach and enhance the experiences of its patrons. By providing essential resources and sponsoring engaging events, the Friends contribute to the library's mission of fostering lifelong learning and community engagement.
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Impact
August, 2024
The Friends Of The Sierra Madre Library's impact is felt through its vital support in raising funds for the Sierra Madre Library, enabling the purchase of databases, books, CDs, videos, and the sponsorship of various events such as the Children's Library and Teen Reading Club. By providing financial resources, the organization plays a crucial role in enhancing the library's offerings and promoting literacy and education within the Sierra Madre community. Additionally, through their advocacy and promotion of library programs and services, the Friends support increased utilization of resources that contribute to the educational growth and enrichment of library patrons.
This information is meant to be a general summary of Friends Of The Sierra Madre 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 2023.
- Investment Income: $10,845
- Gross Receipts: $83,771
Assets and Liabilities:
- Total Assets: $879,986
- Total Liabilities: $0
- Net Assets: $879,986
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Organization Details
Founding Year
1954
Phone
(626) 355-6190Principal Officer
Darlene Traxler
Main Address
PO BOX 334, SIERRA MADRE, CA, 91025
NTEE Category
Code: B71I - Education
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