Iron Work Farm In Acton Inc

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 042385912 ✦ Acton, MA ✦ Designated as a 501(c)(3)

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Overview

What is Iron Work Farm In Acton Inc?

Iron Work Farm In Acton Inc, situated in Acton, Massachusetts, is a nonprofit organization with a mission to preserve and promote historical buildings within the community. By doing so, they contribute to the rich cultural heritage of the area. The exact activities or projects undertaken by this organization to achieve this goal aren't specified in the provided information. However, it's clear that their primary focus is on the conservation and appreciation of historical buildings in Acton.

What are the reviews and ratings of this charity?

Charity Navigator Rating: 73%, earning it a Two-Star out of Four Star rating. This rating reflects a moderate level of accountability and financial health for Iron Work Farm In Acton Inc. The organization demonstrates strong governance with a fully independent board and no material diversion of assets, indicating effective oversight and management.

Strengths of the organization include high scores in key financial metrics such as a program expense ratio of 82.61%, which suggests that a significant portion of its funds is being directed towards its programs. The liabilities to assets ratio is also favorable, at 1.11%, which highlights a solid financial footing. Additionally, the organization documents board meeting minutes, showcasing a commitment to transparency.

However, the organization has notable limitations, particularly in missing policies such as a conflict of interest policy, whistleblower policy, and document retention and destruction policy, which have resulted in zero points in these areas. Furthermore, the absence of tax forms on the nonprofit's website may hinder transparency regarding its financial activities. Overall, while the organization shows promise in its governance and financial management, addressing these policy gaps could enhance its accountability and public trust.


This AI summary has been generated from information found on Charity Navigator.

Is Iron Work Farm In Acton Inc legitimate?

Iron Work Farm In Acton Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Iron Work Farm In Acton 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: $0

For more financial information, click here

What is the mission statement of Iron Work Farm In Acton Inc?

Iron Work Farm In Acton Inc is committed to a mission of promoting and preserving historical buildings. This organization actively works towards safeguarding the historical architectural heritage, ensuring their continued existence and significance for future generations. By undertaking various preservation efforts, Iron Work Farm In Acton Inc contributes to the maintenance and appreciation of historical structures, fostering a sense of cultural heritage and educational value.

Who is the CEO of Iron Work Farm In Acton Inc?

Hartley Millett is the Secretary of Iron Work Farm In Acton Inc.

What is the revenue of Iron Work Farm In Acton Inc?

Iron Work Farm In Acton Inc's revenue in 2023 was $66,978.

Who are the executives of Iron Work Farm In Acton Inc and what are their salaries?

There 25 volunteers at Iron Work Farm In Acton Inc.


Here are 6 key members and their salaries:


Anne Forbes (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Greg Hutchins (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Marshall Meeks (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Hartley Millett (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Nan Towle Millett (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michaela Moran (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Iron Work Farm In Acton Inc?

Iron Work Farm In Acton Inc's most recent form 990 was submitted in 2023 and can be accessed here.

Mission Statement of Iron Work Farm In Acton Inc

Iron Work Farm In Acton Inc is committed to a significant mission. This nonprofit organization focuses on promoting and preserving historical buildings in Acton. By doing so, it aims to contribute to the rich cultural heritage and historical significance of the area. Through its efforts, Iron Work Farm In Acton Inc strives to protect and uphold the architectural and historical value of these buildings, ensuring they are preserved for future generations to appreciate and learn from.

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Impact




August, 2024

Iron Work Farm in Acton Inc has had a significant impact on the community by actively promoting and preserving historical buildings in Acton. Through its efforts, the organization has contributed to the conservation of valuable historical landmarks, ensuring that future generations can appreciate and learn from Acton's rich heritage. Additionally, Iron Work Farm in Acton Inc's work helps to foster a greater sense of cultural identity and pride within the local community, as well as a deeper appreciation for the arts and history.




This information is meant to be a general summary of Iron Work Farm In Acton 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.

Revenue
$66,978 (2023)
Expenses
$68,913 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $11,188
  • Program Service Revenue: $103
  • Gross Receipts: $66,978

Assets and Liabilities:

  • Total Assets: $1,310,060
  • Total Liabilities: $14,659
  • Net Assets: $1,295,401

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

SALES

Revenue

$103

Organization Details

Founding Year

1964

Principal Officer

Hartley Millett

Main Address

P O BOX 1111, ACTON, MA, 01720

NTEE Category

Code: A80 - Arts

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