Atlanta-fulton Public Library Foundation Inc

Nonprofit profile at a glance

EIN
581837951
IRS 990 coverage
2018–2024
Forms available
Form 990 2024
Location
Atlanta, GA, USA
Phone
4047301972
Rating
76
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Libraries

Reported finances

Revenue
$432,689
Expenses
$548,377
Assets
$410,681
Liabilities
$20,970

Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

20 people listed

Highest reported compensation

  • ERIN DREILING (Executive Dir.): $120,000 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

The atlanta fulton public library foundations mission is to advocate for, partner with, and invest in the fulton county library system.the library foundation is dedicated to strengthening the impact of our libraries by securing vital funding to expand programs, enhance resources, and ensure equitable access to information and technology for the fulton county and atlanta communities. With the support of our donors, we: expand early literacy initiatives like storytime programs, books for babies, summer reading challenges, and tutoring partnerships. Increase technology access, ensuring that all residents - regardless of income - can utilize computers (in the library and check out for use at home), wi-fi, and digital learning platforms. Support workforce development programs, including free ged classes and testing, scholarships for career online high school, job search workshops, and skills training. Enhance cultural and lifelong learning opportunities through author events, community-wide

What it reported doing in 2024

The Atlanta-Fulton Public Library Foundation envisions a future in which every resident of Fulton County uses, values and supports our incredible shared public library. The Fulton County Library System serves a community of1.1M residents of all ages.13,725 children participated in summer reading and collectively read 77,935700+ adults engaged in the One Book, One Read community read-along with 44 book clubs across the county12 free scholarships for Career Online High School were awarded250+ Books for Babies kits were distributed to local caregivers10,403 programs were offered to 211,667 attendees265+ Library System staff received professional development at the annual Staff Development Day

Operating model

Revenue model
Donor-supported. 99% of the money available for current operations came from contributions and gifts.
Distribution model
Grant intermediary. The nonprofit sent 72% of its reported program spending out as grants.

The verdict

SUPPORTED - The filed numbers largely add up and a large share of available resources goes toward mission work. A relatively small share of total spending goes to programs and fundraising costs are high for each dollar raised.

Rating breakdown

  • Financial Efficiency: 61
  • Transparency & Controls: 94
  • Accountability: 90
  • Sustainability: 21
  • Growth: 80

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 71.8%; rating input score 72
  • Program expense ratio: 56.6%; rating input score 57
  • Fundraising efficiency: $3.22 raised per $1 spent on fundraising; rating input score 14; 14th percentile among comparable filings

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 64th percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Limited
  • Grant itemization coverage: 100%; rating input score 100; 80th percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
  • Governance controls: 6 of 8 controls in place; rating input score 75
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Fail
    • CEO compensation review process: NotApplicable
    • Other executive compensation review process: Fail
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Pass
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: -26.7%; rating input score 11; 11th percentile among comparable filings
  • Total-asset coverage ratio: 0.75; rating input score 33; 33rd percentile among comparable filings
  • Liabilities to assets ratio: 0.05; rating input score 32; 32nd percentile among comparable filings
  • Officer compensation ratio: 21.9%; rating input score 17; 17th percentile among comparable filings

Growth

  • Program expense growth: 22% per year; rating input score 100; 86th percentile among comparable filings
  • Revenue growth: 13.6% per year; rating input score 100; 80th percentile among comparable filings
  • Asset growth: -3.2% per year; rating input score 0; 14th percentile among comparable filings

Details

  • Where the money goes: 71.8% of revenue deployed · 56.6% of spending went to programs
  • Governance: 19 of 19 board members independent · 6 of 8 filing controls reported
  • Programs: 1 filed program accomplishment · $310K in reported program spending
  • Leadership: top reported pay $120K · 20 people listed
  • Consistency: 22 of 22 current checks pass
  • Schedules: 5 filed schedules · includes major donors and grants
  • Filing history: 6 filing years from 2018 to 2024
  • Contacts: How to reach this organization
  • Money network: 2 filed money-flow records
  • Related organizations: 1 filed related-organization link
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • Review — Financial Efficiency: Program expense ratio scored 57/100.
  • High — Financial Efficiency: Fundraising efficiency scored 14/100.
  • High — Sustainability: Operating margin scored 11/100.
  • Review — Accountability: Governance controls: 2 of 8 not reported.
  • High — Growth: Asset growth scored 0/100.
  • Moderate — Sustainability: Total-asset coverage ratio scored 33/100.
  • High — Sustainability: Officer compensation ratio scored 17/100.
  • Moderate — Sustainability: Liabilities to assets ratio scored 32/100.