Overview
What is American Orchid Society Inc?
The American Orchid Society Inc, based in Coral Gables, Florida, is a nonprofit organization dedicated to fostering a deep-rooted passion for orchids. Their primary mission revolves around education, conservation, and research, with the ultimate goal of improving, developing, and preserving these beautiful plants of all kinds. The Society aims to extend knowledge, production, use, and appreciation of orchids by supporting various educational opportunities and promoting general awareness. With a dedicated team of six individuals, the American Orchid Society Inc strives to advance the understanding and love for orchids, while also nurturing a commitment to their preservation and growth.
Official website here: www.aos.org
What are the reviews and ratings of this charity?
Charity Navigator Rating 88% - Three-Star out of Four Star rating
The American Orchid Society Inc has achieved a strong rating of 88%, reflecting its commendable performance in accountability and finance. This rating is primarily driven by a perfect score in several key areas, including the independence of its board members and the management of financial statements. The organization has demonstrated effective oversight with no material diversion of assets, indicating a solid foundation in financial integrity.
One of the notable strengths of the organization is its governance structure, with 100% of its board members being independent. This independence enhances transparency and helps ensure that the organization is run in the best interests of its stakeholders. Additionally, the high program expense ratio of nearly 77% suggests that a significant portion of its resources is directed toward its mission-related activities.
However, there are areas for improvement, particularly regarding the absence of a whistleblower policy and a document retention and destruction policy. These omissions may pose risks related to accountability and transparency. Addressing these gaps could further strengthen the organization's commitment to ethical governance and bolster its overall rating in future assessments.
This AI summary has been generated from information found on Charity Navigator.
Is American Orchid Society Inc legitimate?
American Orchid Society Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. American Orchid Society Inc 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $290,762
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Official website here: www.aos.org
What is the mission statement of American Orchid Society Inc?
The American Orchid Society's mission is centered around fostering and supporting the enthusiasm for orchids. This is achieved through various means, primarily education, conservation, and research. The society actively funds scientific research to enhance, develop, and preserve orchids of all kinds. Moreover, they strive to provide educational opportunities related to orchids, thereby expanding the collective knowledge, production, use, and appreciation of these captivating flowers. The organization's broader aim is to extend their reach and encourage a greater understanding and appreciation of orchids.
Official website here: www.aos.org
Who is the CEO of American Orchid Society Inc?
Robert Fuchs is the President of American Orchid Society Inc.
Official website here: www.aos.org
What is the revenue of American Orchid Society Inc?
American Orchid Society Inc's revenue in 2022 was $1,309,695.
Official website here: www.aos.org
Who are the executives of American Orchid Society Inc and what are their salaries?
The average compensation at American Orchid Society Inc during 2022 was $48,460. There are 6 employees and 700 volunteers at American Orchid Society Inc.
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Official website here: www.aos.org
Where can I find the form 990 for American Orchid Society Inc?
American Orchid Society Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.aos.org
Learn more at the official website: www.aos.org
Mission Statement of American Orchid Society Inc
The American Orchid Society, a renowned organization, is dedicated to fostering and sustaining the fascination with orchids through education, conservation, and research. Their primary objective is to fund scientific research aimed at improving, developing, and preserving various types of orchids. Additionally, they strive to promote educational opportunities related to orchids, with the ultimate goal of expanding the public's knowledge, production, use, and appreciation of these captivating plants. The Society extends its efforts to support and cultivate the passion for orchids, contributing to the global understanding and conservation of these beautiful flowers.
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Impact
June, 2024
The American Orchid Society Inc's impact is focused on promoting and supporting the passion for orchids through education, conservation, and research. By funding scientific research related to orchid improvement, development, and preservation, the organization plays a key role in advancing knowledge in this field. Additionally, their efforts to promote educational opportunities about orchids help enhance understanding and appreciation for these beautiful plants. Through their work, the American Orchid Society Inc contributes to the conservation of orchid species and fosters a community of individuals dedicated to the study and cultivation of orchids.
This information is meant to be a general summary of American Orchid Society Inc. 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: $201,414
- Program Service Revenue: $905,519
- Gross Receipts: $2,124,661
Assets and Liabilities:
- Total Assets: $6,873,752
- Total Liabilities: $935,308
- Net Assets: $5,938,444
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
MEMBERSHIP DUES
Revenue
$726,008
AWARDS
Revenue
$87,504
ADVERTISING
Revenue
$76,744
ADMISSIONS AND PUBLICATIONS
Revenue
$15,263
Organization Details
Founding Year
1921
Phone
(305) 740-2010Principal Officer
Robert Fuchs
Main Address
10901 OLD CUTLER ROAD, CORAL GABLES, FL, 33156
Website
www.aos.orgNTEE Category
Code: C420 - Environment
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