Overview
What is The Wayside Inn?
The Wayside Inn, a 501(c)(3) nonprofit organization, is situated in Sudbury, Massachusetts. Established in 1944 by Henry Ford, its primary purpose is to preserve this historical landmark as an educational and cultural asset for public enjoyment. The inn offers visitors an insight into early American life, attracting over 100,000 people annually. Its mission includes preserving historical facilities, promoting early American humanities and culture through hospitality, lodging, education, programming, and events. The Wayside Inn Foundation, its operational name, is home to 165 employees dedicated to carrying out these goals.
Official website here: www.wayside.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 94% (Four-Star out of Four Stars)
The Wayside Inn has achieved an impressive Four-Star rating from Charity Navigator, reflecting its commitment to accountability and financial health. With a total score of 94%, the organization excels particularly in the Accountability & Finance category, demonstrating strong governance through an entirely independent board and effective oversight mechanisms, including a dedicated audit committee.
Strengths noted in the evaluation include a high percentage of program expenses directed towards its mission, indicating a focus on impactful work. The organization has implemented several best practices, such as a conflict of interest policy and a whistleblower policy, ensuring transparency and ethical operations. Additionally, the low liabilities to assets ratio showcases financial stability.
However, while the overall financial performance is commendable, the program expense ratio, although decent, suggests there may be room for improvement in maximizing the funds directly impacting programs. Overall, The Wayside Inn appears to be a well-managed nonprofit with a solid foundation in accountability and effectiveness.
This AI summary has been generated from information found on Charity Navigator.
Is The Wayside Inn legitimate?
The Wayside Inn is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Wayside Inn 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: $154,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $625,351
For more financial information, click here
Official website here: www.wayside.org
What is the mission statement of The Wayside Inn?
The Wayside Inn's mission involves preserving historical facilities and promoting early American humanities and culture. This is achieved through various means, including hospitality, lodging, education, programming, and events. By doing so, the inn aims to bring the experience of early American life to a large number of visitors annually. The organization, which was established as a 501(c)(3) non-profit in 1944, seeks to preserve the property as an educational and cultural landmark for public enjoyment.
Official website here: www.wayside.org
What is the revenue of The Wayside Inn?
The Wayside Inn's revenue in 2024 was $2,069,219.
Official website here: www.wayside.org
Who are the executives of The Wayside Inn and what are their salaries?
The average compensation at The Wayside Inn during 2024 was $4,781. There are 163 employees and 110 volunteers at The Wayside Inn.
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Official website here: www.wayside.org
Where can I find the form 990 for The Wayside Inn?
The Wayside Inn's most recent form 990 was submitted in 2024 and can be accessed here.
Official website here: www.wayside.org
Learn more at the official website: www.wayside.org
Mission Statement of The Wayside Inn
The Wayside Inn, a renowned non-profit organization, is dedicated to preserving and offering historical facilities, while promoting early American humanities and culture. They achieve this through hospitality, lodging, education, programming, and events. By doing so, they welcome over 100,000 visitors annually to immerse in the experience of early American life. This mission was initiated in 1944 as a 501 (C) (3) non-profit organization by Henry Ford, who sought to preserve the property as an essential educational and cultural landmark for everyone's enjoyment.
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Impact
July, 2024
The Wayside Inn's impact can be seen in its preservation of historical facilities and promotion of early American humanities and culture through hospitality, lodging, education, programming, and events. Longfellow's Wayside Inn attracts over 100,000 visitors each year, providing an immersive experience of early American life. Established as a nonprofit organization in 1944 by Henry Ford, the Inn serves as an important educational and cultural landmark for all to enjoy. Its mission to preserve history and share the richness of early American culture contributes significantly to the enrichment of both locals and tourists alike.
This information is meant to be a general summary of The Wayside Inn. 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 2024.
- Investment Income: $33,754
- Program Service Revenue: $344,766
- Gross Receipts: $5,030,141
Assets and Liabilities:
- Total Assets: $3,810,239
- Total Liabilities: $911,383
- Net Assets: $2,898,856
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
LODGING, NET
Revenue
$344,766
Organization Details
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