Overview
What is Freedom Trail Foundation Inc?
Freedom Trail Foundation Inc, headquartered in Boston, Massachusetts, is a nonprofit organization dedicated to enhancing visitor experiences and promoting education along the Freedom Trail. This walking trail connects various historic sites in Boston. The foundation's mission is to maintain, improve, and augment the trail, while also marketing and promoting it. They provide educational insights into the trail's rich history and offer audio equipment for use during the tour. With a team of 27 dedicated individuals, the Freedom Trail Foundation Inc strives to preserve and share the city's historical legacy, making it an engaging and informative experience for visitors.
Official website here: www.thefreedomtrail.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96% (Four-Star out of Four Stars)
The Freedom Trail Foundation Inc has received an impressive Four-Star rating from Charity Navigator, reflecting its strong performance in accountability and finance. The foundation's overall score is derived solely from its accountability metrics, demonstrating a commitment to transparency and proper financial management. The high rating indicates that the organization effectively manages its resources, ensuring that a significant portion of its funds directly supports its programs.
Strengths of the Freedom Trail Foundation include its fully independent board of directors, with 100% of its members being independent. Additionally, the organization excels in areas such as financial oversight, conflict of interest policies, and document retention, all of which are crucial for maintaining donor trust and operational integrity. The program expense ratio of 73.33% indicates that a large share of its expenditures is directed toward its mission-related activities, further showcasing its dedication to fulfilling its goals.
While the Freedom Trail Foundation demonstrates numerous strengths, there are no specific limitations noted in the data provided. Its well-structured governance and financial practices contribute to its high score, making it a solid option for potential donors looking to support its mission.
This AI summary has been generated from information found on Charity Navigator.
Is Freedom Trail Foundation Inc legitimate?
Freedom Trail Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Freedom Trail Foundation 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: $130,445
Professional Fundraising Fees: $0
Other Salaries and Wages: $397,507
For more financial information, click here
Official website here: www.thefreedomtrail.org
What is the mission statement of Freedom Trail Foundation Inc?
The Freedom Trail Foundation Inc's mission is centered around preserving and enhancing a walking trail that connects Boston's historic sites. The organization's primary goal is to maintain, sustain, and improve this trail, while also promoting and publicizing it. They provide educational insights into the trail's rich history and offer visitor services, such as educational programs and audio equipment, to enhance the experience of those who walk the trail. The foundation's activities aim to promote appreciation and understanding of Boston's historical landmarks, thereby enriching the cultural heritage of its visitors.
Official website here: www.thefreedomtrail.org
Who is the CEO of Freedom Trail Foundation Inc?
Joseph G Dilorenzo is the Executive Director of Freedom Trail Foundation Inc.
Official website here: www.thefreedomtrail.org
What is the revenue of Freedom Trail Foundation Inc?
Freedom Trail Foundation Inc's revenue in 2022 was $1,367,604.
Official website here: www.thefreedomtrail.org
Who are the executives of Freedom Trail Foundation Inc and what are their salaries?
The average compensation at Freedom Trail Foundation Inc during 2022 was $19,554. There are 27 employees and 18 volunteers at Freedom Trail Foundation Inc.
Here are 21 key members and their salaries:
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Official website here: www.thefreedomtrail.org
Where can I find the form 990 for Freedom Trail Foundation Inc?
Freedom Trail Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.thefreedomtrail.org
Learn more at the official website: www.thefreedomtrail.org
Mission Statement of Freedom Trail Foundation Inc
Freedom Trail Foundation Inc is dedicated to preserving, enhancing, and promoting a walking trail that connects Boston's historic sites. This trail serves as a vital link to the city's rich past, and the organization takes on the responsibility of maintaining, sustaining, and improving its condition. Furthermore, Freedom Trail Foundation Inc aims to publicize and popularize this trail, providing educational insights into its history and significance. To accomplish this mission, the foundation offers visitor services, educational programs, and audio equipment for use along the trail. Their goal is to ensure that everyone who walks the Freedom Trail gains a deeper understanding and appreciation of Boston's historical landmarks.
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Impact
July, 2024
Freedom Trail Foundation Inc's impact is significant in maintaining, improving, and promoting a walking trail that connects Boston's historic sites. Through providing visitor services, educational programs, and audio equipment for use along the Freedom Trail, this organization plays a crucial role in preserving the rich history of Boston and offering insights to locals and tourists alike. By sustaining and enhancing this iconic walking trail, Freedom Trail Foundation Inc contributes to the cultural vibrancy and education of the community.
This information is meant to be a general summary of Freedom Trail Foundation 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: $102,971
- Program Service Revenue: $1,139,832
- Gross Receipts: $1,620,465
Assets and Liabilities:
- Total Assets: $3,894,463
- Total Liabilities: $575,327
- Net Assets: $3,319,136
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
WALKING TOURS
Revenue
$1,139,832
Organization Details
Founding Year
1958
Phone
(617) 357-8300Principal Officer
Joseph G Dilorenzo
Main Address
44 School Street Suite 250, Boston, MA, 02108
Website
www.thefreedomtrail.orgNTEE Category
Code: A82I - Arts
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