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CHARITY REVIEW
Issued: November 2023 Expires: November 2024

Poudre River Friends of the Library

Accredited Charity
Accredited Charity

Meets Standards

301 E Olive St
Fort Collins, CO, 80524

Standards For Charity Accountability

Governance

  1. Board Oversight
  2. Board Size
  3. Board Meetings
  4. Board Compensation
  5. Conflict of Interest

Measuring Effectiveness

  1. Effectiveness Policy
  2. Effectiveness Report

Finances

  1. Program Expenses
  2. Fundraising Expenses
  3. Accumulating Funds
  4. Audit Report
  5. Detailed Expense Breakdown
  6. Accurate Expense Reporting
  7. Budget Plan

Fundraising & Info

  1. Truthful Materials
  2. Annual Report
  3. Website Disclosures
  4. Donor Privacy
  5. Cause Marketing Disclosures
  6. Complaints

Poudre River Friends of the Library meets the 20 Standards for Charity Accountability.

Stated Purpose:

Our Purpose:

• To raise money to enhance and support the resources of the Poudre River Public Library District

• To provide volunteer opportunities in support of the Library

• To advocate for the Poudre River Public Library District

• To sponsor programs to promote use and enjoyment of the Library

• To encourage literacy within the community

Year, State Incorporated:
1939, CO

 

What Do We Do? We raise money for the libraries by selling used books at our four big book sales and at our Harmony Shop and our Old Town Library Nook all year long. How Do Friends of the Library Make a Difference? We contribute more than $60,000 from book sale proceeds every year to our libraries to help fund programs and events, including:

• Summer Reading Program

• Visiting author series (with CSU Friends of the Library)

• Fort Collins Reads community book program

• History Comes Alive speakers

• Harmony Music in the Round concert series

• Books for book club kits

• Kevin Cook nature programs

For the year ended December 31, 2023, Poudre River Friends of the Library's program expenses were:

Programs $90,191
Total Program Expenses $90,191

Chair of the Board
Monica Gavin

Board Size
12

 

Method(s) Used:
Invitations to fund raising events, Television, Cause-related marketing (affinity credit cards, consumer product sales, etc.), Membership appeals

This organization is tax-exempt under section 501(c)(3) of the Internal Revenue Code. It is eligible to receive contributions deductible as charitable donations for federal income tax purposes.

The following information is based on Poudre River Friends of the Library's IRS Form 990-EZ for the year ended December 31, 2023.

Source of Funds
Special Events $56,372
Contributions, Gifts and Grants $37,354
Investment Income $2,538
Total Income $96,264

Programs: 95% Fundraising: 3% Administrative: 3%

Total Income $96,264
Total expenses: $94,992
  Program expenses $90,191
  Fundraising expenses $2,400
  Administrative expenses $2,401
  Other expenses $0
Income in Excess of Expenses $1,272
Beginning Net Assets $174,419
Other Changes In Net Assets $0
Ending Net Assets $175,691
Total Liabilities $0
Total Assets $175,691

An organization may change its practices at any time without notice. A copy of this report has been shared with the organization prior to publication. It is not intended to recommend or deprecate, and is furnished solely to assist you in exercising your own judgment. If the report is about a charity and states the charity meets or does not meet the Standards for Charity Accountability, it reflects the results of an evaluation of information and materials provided voluntarily by the charity. The name Better Business Bureau is a registered service mark of the International Association of Better Business Bureaus.

This report is not to be used for fundraising or promotional purposes.

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Report completed by:
BBB Serving Northern Colorado and Wyoming