Overview
What is Friends Of The Library Of Hawaii?
Friends of the Library of Hawaii is a nonprofit organization located at 501 Sumner Street, Honolulu, HI 96817. Their primary mission is to aid and enhance the resources of Hawaii's public libraries, as their basic needs are primarily funded by the State Legislature. The organization accomplishes this by securing unbudgeted materials and granting continuing education awards. In response to the COVID-19 pandemic, the state libraries were closed due to a government shutdown order. In lieu of in-person services, Friends of the Library of Hawaii introduced a virtual reading program and supported online initiatives, making it challenging to quantify the benefits provided during this time. The organization has a workforce of six dedicated individuals committed to supporting Hawaii's public libraries.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 75%, Three-Star out of Four Star rating.
Friends Of The Library Of Hawaii has received a solid Three-Star rating, reflecting a commendable score of 75%. This rating is based solely on the Accountability & Finance beacon, which indicates a strong focus on financial management and transparency. The organization has demonstrated exemplary governance practices, with a fully independent board and no material diversion of assets.
The charity's financial metrics are noteworthy, particularly with a program expense ratio of 78.12%, suggesting that a significant portion of its funding is directed towards its mission-related activities. Additionally, the organization has a favorable liabilities to assets ratio of 35.79%, which indicates a healthy financial position. The existence of a conflict of interest policy and documented board meeting minutes further enhances its accountability.
However, the rating is exclusively based on the Accountability & Finance criteria, which means other areas such as impact and program effectiveness are not assessed in this score. While the financial practices are strong, potential donors or supporters may want to look for additional information on the charity’s overall effectiveness and the outcomes of its initiatives.
This AI summary has been generated from information found on Charity Navigator.
Is Friends Of The Library Of Hawaii legitimate?
Friends Of The Library Of Hawaii is a legitimate nonprofit organization registered as a 501(c)(3) entity. Friends Of The Library Of Hawaii 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: $81,854
Professional Fundraising Fees: $0
Other Salaries and Wages: $140,078
For more financial information, click here
What is the mission statement of Friends Of The Library Of Hawaii?
The mission of Friends Of The Library Of Hawaii is centered around assisting in the maintenance of Hawaii's public libraries, ensuring that they have resources beyond their basic funding. The organization does this by securing necessary materials and providing continuing education opportunities for library staff. During the COVID-19 pandemic, despite libraries being closed under a government shutdown order, Friends Of The Library of Hawaii continued to support the libraries, offering a virtual reading program and backing online programs. Despite the challenges, the organization's contributions during this period were difficult to quantify, highlighting their commitment to the libraries and their patrons.
Who is the CEO of Friends Of The Library Of Hawaii?
Nainoa Mau is the President of Friends Of The Library Of Hawaii.
What is the revenue of Friends Of The Library Of Hawaii?
Friends Of The Library Of Hawaii's revenue in 2022 was $1,082,938.
Who are the executives of Friends Of The Library Of Hawaii and what are their salaries?
The average compensation at Friends Of The Library Of Hawaii during 2022 was $36,989. There are 6 employees and 175 volunteers at Friends Of The Library Of Hawaii.
Here are 22 key members and their salaries:
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Where can I find the form 990 for Friends Of The Library Of Hawaii?
Friends Of The Library Of Hawaii's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Friends Of The Library Of Hawaii
Friends of the Library of Hawaii, as an organization, is committed to assisting in the maintenance of free public libraries across the Hawaiian archipelago. Recognizing that the State Legislature only funds the libraries' basic needs, Friends of the Library of Hawaii steps in to secure additional resources and provide continuing education opportunities for library personnel. Their mission is twofold: firstly, to support the libraries by enhancing their resources beyond the state-funded basics; and secondly, to award continuing education to library staff, thereby empowering them to serve their communities more effectively. During the COVID-19 pandemic, the state libraries were forced to close under a government shutdown order. In response, Friends of the Library of Hawaii introduced a virtual reading program and supported online initiatives, providing unquantifiable benefits to the libraries and their patrons during this challenging period.
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Impact
July, 2024
Friends of the Library of Hawaii's impact is significant in supporting the maintenance and resources of public libraries in Hawaii. Despite the limited funding from the State Legislature, this organization plays a vital role in securing materials that are not budgeted for, as well as providing support for continuing education initiatives. During the COVID-19 pandemic, when state libraries were closed, the Friends of the Library of Hawaii stepped in to offer virtual reading programs and online support, ensuring that the community still had access to valuable library resources and programs. Their dedication to promoting and supporting Hawaii's public libraries has a lasting impact on education and community engagement.
This information is meant to be a general summary of Friends Of The Library Of Hawaii. 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: $221,296
- Program Service Revenue: $8,848
- Gross Receipts: $1,987,160
Assets and Liabilities:
- Total Assets: $10,493,008
- Total Liabilities: $3,771,171
- Net Assets: $6,721,837
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Copy machines
Revenue
$8,848
Organization Details
Founding Year
1973
Phone
(808) 536-4174Principal Officer
Nainoa Mau
Main Address
501 Sumner Street, Honolulu, HI, 96817
NTEE Category
Code: B70 - Education
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