Overview
What is American Lighthouse Foundation?
The American Lighthouse Foundation, based in Rockland, Maine, is a dedicated nonprofit organization with a mission to preserve and safeguard the historical and educational significance of lighthouses nationwide. Their efforts involve the restoration and maintenance of these iconic structures, transforming them into educational sites that showcase maritime history. The foundation also houses a museum, where the public can learn from a vast collection of artifacts. By prioritizing the sustainable preservation of lighthouses, the American Lighthouse Foundation honors the legacy of the individuals who tended to these beacons throughout history. With a team of eight dedicated employees, the organization works tirelessly to promote and adaptively reuse America's historic light stations, ensuring their enduring importance for future generations.
Official website here: www.lighthousefoundation.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: Two-Star out of Four Stars (Needs Improvement) with a score of 69%. This rating indicates that while the American Lighthouse Foundation demonstrates some positive aspects in governance and financial practices, there are significant areas that require attention, particularly in accountability and transparency.
One of the organization's strengths is its board composition, with 100% independent members, which reflects a commitment to governance. Additionally, the foundation shows strong performance in managing its program expenses, allocating 74.45% of its budget to program services, which indicates a focus on its mission-related work. However, the lack of financial statements and missing key policies, such as conflict of interest and whistleblower policies, raise concerns about the overall accountability of the organization.
Furthermore, the absence of important documents like the tax form on its website and missing policies related to document retention undermine the foundation's transparency efforts. While the American Lighthouse Foundation has a solid program expense ratio and no material diversion of assets, addressing these limitations is crucial for improving its rating and building trust with donors and the community.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about American Lighthouse Foundation?
96% of 84 reviewers on Facebook recommend the American Lighthouse Foundation. Here's a summary of their reviews:
People express genuine appreciation for the efforts of the foundation and its volunteers. Many mention the welcoming atmosphere during events like the Mariner's Day celebration, highlighting the friendliness and knowledge of the volunteers. The strong sense of community fostered by the organization is frequently noted, with individuals feeling fortunate to have such passionate ambassadors dedicated to preserving lighthouses and their history.
Overall, there is a positive sentiment surrounding the services offered by the foundation, with numerous individuals recognizing its valuable contributions and the enthusiasm of those involved. The experience shared by attendees emphasizes a strong connection to the mission of the American Lighthouse Foundation and a commitment to its goals.
This AI summary has been generated from reviews found on Facebook.
Is American Lighthouse Foundation legitimate?
American Lighthouse Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. American Lighthouse Foundation 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: $136,315
Professional Fundraising Fees: $0
Other Salaries and Wages: $66,039
For more financial information, click here
Official website here: www.lighthousefoundation.org
What is the mission statement of American Lighthouse Foundation?
The American Lighthouse Foundation's mission is centered around preserving and safeguarding the nation's historic lighthouses and their significant heritage. This is achieved through various means, including restoration, promotion, and adaptive reuse of these lighthouses. Additionally, educational initiatives are implemented to encourage the sustainable preservation of lighthouses and to honor the legacy of the individuals who have tended to them. The foundation's activities aim to foster a continued appreciation for these historical landmarks and the history they represent.
Official website here: www.lighthousefoundation.org
What is the revenue of American Lighthouse Foundation?
American Lighthouse Foundation's revenue in 2023 was $653,439.
Official website here: www.lighthousefoundation.org
Who are the executives of American Lighthouse Foundation and what are their salaries?
The average compensation at American Lighthouse Foundation during 2023 was $14,454. There are 14 employees and 250 volunteers at American Lighthouse Foundation.
Here are 14 key members and their salaries:
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Official website here: www.lighthousefoundation.org
Where can I find the form 990 for American Lighthouse Foundation?
American Lighthouse Foundation's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.lighthousefoundation.org
Learn more at the official website: www.lighthousefoundation.org
Mission Statement of American Lighthouse Foundation
The American Lighthouse Foundation is committed to preserving and safeguarding our nation's historic lighthouses and their significant heritage. This mission is achieved through various means, including the restoration, promotion, and adaptive reuse of these iconic structures. The foundation also emphasizes educational initiatives, aiming to sustain the preservation of lighthouses and honor the legacy of the individuals who have tended to them throughout history. The goal is to ensure that these historical landmarks continue to stand as a testament to our maritime past and serve as an educational resource for future generations.
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Impact
July, 2024
The American Lighthouse Foundation plays a vital role in saving and preserving our nation's historic light stations and their rich heritage. Through restoration, promotion, and adaptive re-use of America's historic light stations, this organization ensures the continuation of these important landmarks for future generations. Additionally, by focusing on educational initiatives that foster sustainable preservation and honor the legacy of those who tended the lighthouses, the American Lighthouse Foundation contributes to the preservation of maritime history and enriches public knowledge about these iconic structures.
This information is meant to be a general summary of American Lighthouse Foundation. 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: $2,090
- Program Service Revenue: $14,330
- Gross Receipts: $787,159
Assets and Liabilities:
- Total Assets: $2,479,093
- Total Liabilities: $109,601
- Net Assets: $2,369,492
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
SPECIAL PROGRAMS
Revenue
$14,330
Organization Details
Founding Year
1994
Principal Officer
Robert Trapani Jr
Website
www.lighthousefoundation.orgNTEE Category
Code: A800 - Arts
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