Overview
What is Virginia Project Inc Maine's First Ship?
Virginia Project Inc, Maine's First Ship, is a small nonprofit organization located in Bath, Maine. With only two employees, their primary mission is the reconstruction of the 1607 Pinnace Virginia of Sagadahoc, which marks Maine's first English settlement and early shipbuilding heritage. Beyond the restoration project, they also maintain the historic Bath, Maine Freight Shed and work towards promoting the area's rich historical background. The organization plays an essential role in preserving and celebrating Maine's early colonial past.
Official website here: www.mfship.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 97% (Four-Star out of Four Star Rating)
Virginia Project Inc Maine's First Ship has received a commendable Four-Star rating from Charity Navigator, reflecting its strong performance in accountability and finance. With an impressive 93% score in this area, the nonprofit demonstrates robust governance practices, including a fully independent board and a solid liabilities to assets ratio of just 1.56%. The organization maintains transparency by listing its website on tax forms and adhering to essential policies such as conflict of interest and document retention.
In addition to its strong financial practices, the organization excels in culture and community, achieving a perfect score of 100%. This indicates a commitment to collecting and utilizing feedback effectively, fostering a positive environment for stakeholders. The nonprofit’s practices regarding community engagement and responsiveness further enhance its reputation and operational effectiveness.
Despite the strong ratings, it is important to remain informed about the ongoing challenges and opportunities the organization may face. While specific challenges are not detailed in the available data, the high feedback collection and usage scores suggest that the organization is proactive in addressing any potential areas for improvement. Overall, Virginia Project Inc Maine's First Ship demonstrates a commitment to accountability, transparency, and community involvement, making it a trustworthy nonprofit.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about Virginia Project Inc Maine's First Ship?
100% of reviewers on Facebook recommend Virginia Project Inc Maine's First Ship. Here's an overview of their thoughts:
The project has been lauded as a remarkable contribution to the local community, with reviewers emphasizing its historical significance and the hands-on educational opportunities it provides. People appreciate the efforts of the shipwright and dedicated volunteers who are working to reconstruct "Virginia," a piece of history from 1607. The recent unveiling of a timeline exhibit in the Bath Freight Shed, showcasing the ship's origins and related archaeological discoveries, has particularly impressed visitors and locals alike.
Acknowledgment for the innovative approach taken to engage the public, especially educators and students, highlights the project's role in cultivating an appreciation for history. Overall, the sentiment is overwhelmingly positive, with an emphasis on gratitude for those involved in making this project a reality and celebrating Maine's rich maritime heritage.
This AI summary has been generated from reviews found on Facebook.
Is Virginia Project Inc Maine's First Ship legitimate?
Virginia Project Inc Maine's First Ship is a legitimate nonprofit organization registered as a 501(c)(3) entity. Virginia Project Inc Maine's First Ship 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: $89,543
For more financial information, click here
Official website here: www.mfship.org
What is the mission statement of Virginia Project Inc Maine's First Ship?
Virginia Project Inc's mission, centered around Maine's First Ship, is primarily focused on the reconstruction of the 1607 Pinnace Virginia of Sagadahoc. Beyond this, they also aim to preserve the historical Bath, Maine, freight shed and promote the rich history of Maine's first English settlement. The organization is also dedicated to showcasing and celebrating the early shipbuilding heritage of the region. In essence, Virginia Project Inc seeks to preserve and educate about the historical significance of Maine's maritime past.
Official website here: www.mfship.org
What is the revenue of Virginia Project Inc Maine's First Ship?
Virginia Project Inc Maine's First Ship's revenue in 2024 was $209,507.
Official website here: www.mfship.org
Who are the executives of Virginia Project Inc Maine's First Ship and what are their salaries?
The average compensation at Virginia Project Inc Maine's First Ship during 2024 was $29,848. There are 3 employees at Virginia Project Inc Maine's First Ship.
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Official website here: www.mfship.org
Where can I find the form 990 for Virginia Project Inc Maine's First Ship?
Virginia Project Inc Maine's First Ship's most recent form 990 was submitted in 2024 and can be accessed here.
Official website here: www.mfship.org
Learn more at the official website: www.mfship.org
Mission Statement of Virginia Project Inc Maine's First Ship
Virginia Project Inc. Maine's First Ship is dedicated to the reconstruction of the 1607 Pinnace Virginia of Sagadahoc. This nonprofit organization's mission extends beyond the physical restoration of this historical vessel. It also involves maintaining the Historic Bath, Maine Freight Shed, and promoting the rich history of Maine's first English settlement. By doing so, the organization aims to preserve and celebrate the early shipbuilding heritage of the region.
Virginia Project Inc. Maine's First Ship serves as a beacon of history, striving to preserve and share the tales of Maine's past. Through the reconstruction of the 1607 Pinnace Virginia of Sagadahoc, the organization brings to life the story of Maine's earliest English settlement. Simultaneously, the maintenance of Historic Bath and the Maine Freight Shed ensures that these significant landmarks continue to stand as testaments to the region's past. By promoting the history of Maine's first English settlement and early shipbuilding heritage, Virginia Project Inc. Maine's First Ship encourages appreciation and understanding of the area's deep-rooted maritime history.
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Impact
October, 2024
Virginia Project Inc Maine's First Ship significantly contributes to both historical education and community engagement through the reconstruction of the 1607 pinnace Virginia of Sagadahoc. This project serves as a tangible link to Maine’s early shipbuilding heritage and the state’s first English settlement, enriching the cultural narrative of the region.
By restoring this historic vessel, the project not only preserves a vital part of maritime history but also fosters a sense of local pride and identity. The ongoing efforts in maintaining the historic Bath, Maine freight shed further enhance the area as a focal point for historical tourism, attracting visitors interested in early American history and maritime craftsmanship.
Additionally, by promoting the history of Maine's first English settlement, the project stimulates interest in the region's past, encouraging educational initiatives and community programs. The arts also play a role in the initiative, possibly inspiring artistic representations and interpretations of the region's rich maritime tradition. Overall, the impact radiates through heritage preservation, educational enrichment, and community connection.
This information is meant to be a general summary of Virginia Project Inc Maine's First Ship. 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: $11,689
- Program Service Revenue: $21,469
- Gross Receipts: $294,905
Assets and Liabilities:
- Total Assets: $1,146,796
- Total Liabilities: $8,689
- Net Assets: $1,138,107
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PROGRAMS, HISTORICAL
Revenue
$21,469
Organization Details
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