Overview
What is Thomas Edison & Henry Ford Winter Estates Inc?
Thomas Edison & Henry Ford Winter Estates Inc is a nonprofit organization situated in Fort Myers, Florida, with a primary focus on preserving and showcasing the historical property of Thomas Edison and Henry Ford's winter estates. Spanning over 20 acres, the estate includes 9 historic buildings, 20-acres of gardens, a museum, and the original 1927 Edison Botanic Laboratory. The site, recognized as a National Historic Place, has received numerous awards for its restoration efforts. The Thomas Edison & Henry Ford Winter Estates Inc offers tours, lectures, classes, research opportunities, and various educational experiences to the general public, schools, and special groups. The property attracts approximately 250,000 visitors annually, with support from 108 paid professional staff and 230 volunteers. The organization's mission is to provide unique educational experiences based on the historic winter homes, laboratory, gardens, artifacts, legacy, and lives of Thomas Edison and Henry Ford.
Official website here: www.edisonfordwinterestates.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96% (Four-Star out of Four Stars)
Thomas Edison & Henry Ford Winter Estates Inc has achieved a remarkable 96% rating, reflecting strong accountability and financial practices. This score is derived solely from its Accountability & Finance metrics, indicating a commitment to transparency and responsible management of funds. The organization has successfully met all key benchmarks in this category, showcasing its dedication to maintaining high standards.
The charity boasts a fully independent board, with all 17 members having no conflicts of interest, thus ensuring unbiased governance. Additionally, it has robust oversight mechanisms in place, including an audit committee and comprehensive policies on conflict of interest, whistleblowing, and document retention. These practices reinforce the organization's integrity and trustworthiness in handling its operations.
Financially, Thomas Edison & Henry Ford Winter Estates Inc demonstrates a healthy balance sheet, with a liabilities to assets ratio of only 9.96%, indicating low debt levels. Furthermore, it allocates a significant portion of its budget—85.40%—to program expenses, which speaks to its focus on delivering impactful programs rather than administrative costs. Overall, the organization's strengths far outweigh any limitations noted, positioning it as a reliable nonprofit in its field.
This AI summary has been generated from information found on Charity Navigator.
Is Thomas Edison & Henry Ford Winter Estates Inc legitimate?
Thomas Edison & Henry Ford Winter Estates Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Thomas Edison & Henry Ford Winter Estates 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: $161,722
Professional Fundraising Fees: $0
Other Salaries and Wages: $2,402,367
For more financial information, click here
Official website here: www.edisonfordwinterestates.org
What is the mission statement of Thomas Edison & Henry Ford Winter Estates Inc?
The Thomas Edison & Henry Ford Winter Estates Inc's mission is centered around providing unique educational experiences. This is achieved by showcasing the historical winter homes, laboratory, gardens, artifacts, legacy, and lives of two renowned figures, Thomas Edison and Henry Ford. The organization's primary purpose is to conserve, manage, and educate the public about this significant estate, which includes 20 acres of historical gardens, 9 historic buildings, a museum, and the original 1927 Edison Botanic Lab. The property, recognized by the National Register of Historic Places, offers tours, lectures, classes, research, and various program experiences to the general public, schools, and special groups. The organization's activities are primarily funded by the revenues generated, with approximately 108 paid professional staff and 230 volunteers contributing to its educational and conservation efforts. In 2014, the Edison Botanic Research Lab was designated as a National Historic Chemical Landmark by the American Chemical Society.
Official website here: www.edisonfordwinterestates.org
Who is the CEO of Thomas Edison & Henry Ford Winter Estates Inc?
Michael A Flanders is the President/Ce of Thomas Edison & Henry Ford Winter Estates Inc.
Official website here: www.edisonfordwinterestates.org
What is the revenue of Thomas Edison & Henry Ford Winter Estates Inc?
Thomas Edison & Henry Ford Winter Estates Inc's revenue in 2022 was $6,284,450.
Official website here: www.edisonfordwinterestates.org
Who are the executives of Thomas Edison & Henry Ford Winter Estates Inc and what are their salaries?
The average compensation at Thomas Edison & Henry Ford Winter Estates Inc during 2022 was $26,434. There are 97 employees and 50 volunteers at Thomas Edison & Henry Ford Winter Estates Inc.
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Official website here: www.edisonfordwinterestates.org
Where can I find the form 990 for Thomas Edison & Henry Ford Winter Estates Inc?
Thomas Edison & Henry Ford Winter Estates Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.edisonfordwinterestates.org
Learn more at the official website: www.edisonfordwinterestates.org
Mission Statement of Thomas Edison & Henry Ford Winter Estates Inc
Thomas Edison & Henry Ford Winter Estates Inc is dedicated to providing distinctive educational experiences based on the historic winter homes, laboratory, gardens, artifacts, legacy, and lives of Thomas Edison and Henry Ford. The organization's primary objective is to preserve, manage, and educate the general public about the Thomas Edison and Henry Ford Winter Estates, which encompasses 20 acres of historical gardens, 9 historic buildings, a museum, and the original 1927 Edison Botanic Laboratory. This property, recognized by the National Register of Historic Places and awarded the top restoration award from the National Trust for Historic Preservation in 2008, serves as an educational hub for visitors, offering tours, lectures, classes, research, and various program experiences. With approximately 250,000 annual visitors, all revenues are allocated towards preservation, conservation, and interpretation activities of the organization. The team, comprising 108 paid professional staff and 230 volunteers, work tirelessly to carry out the educational and conservation activities of the institution. In 2014, the Edison Botanic Research Laboratory was designated as a National Historic Chemical Landmark by the American Chemical Society, further highlighting the importance and historical significance of this esteemed organization.
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Impact
October, 2024
The Thomas Edison & Henry Ford Winter Estates Inc plays a significant role in preserving the rich legacies of two of America's most influential figures, providing unique educational experiences to the public. The estates encompass 20 acres of historical gardens, 9 historic buildings, a museum, and the original 1927 Edison Botanic Lab, all of which are vital for understanding the contributions of Edison and Ford to science, industry, and American cultural heritage.
Visitors to the site, which receives approximately 250,000 annual visitors, engage with a variety of programming, including tours, lectures, and research opportunities that highlight the innovations and accomplishments of Edison and Ford. This educational focus not only enriches the visitors’ knowledge but also fosters a deeper appreciation for American history and invention.
The estates have received numerous accolades, including designation on the National Register of Historic Places and the designation of the Edison Botanic Research Laboratory as a National Historic Chemical Landmark. Such recognitions underscore the importance of conservation efforts undertaken by the organization. Through programs and preservation activities, they ensure that the historical significance of these sites is maintained for future generations.
Moreover, the active involvement of over 230 volunteers and a dedicated professional staff of approximately 108 allows for the continuous delivery of high-quality educational content and conservation initiatives. Efforts in restoring the landscape have also garnered state recognition, demonstrating a commitment to maintaining the integrity of the site. In summary, the Thomas Edison & Henry Ford Winter Estates Inc significantly impacts the local community and beyond by educating the public about the legacies of Edison and Ford while preserving important historical sites.
This information is meant to be a general summary of Thomas Edison & Henry Ford Winter Estates 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: $184,670
- Program Service Revenue: $5,199,799
- Gross Receipts: $7,172,684
Assets and Liabilities:
- Total Assets: $6,582,079
- Total Liabilities: $593,992
- Net Assets: $5,988,087
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TOURS
Revenue
$3,830,091
ANNUAL DUES
Revenue
$618,146
HOLIDAY NIGHTS
Revenue
$481,428
PRIVATE USE FOR EVENTS
Revenue
$104,650
EDUCATION & SUMMER CAMP
Revenue
$103,648
Organization Details
Founding Year
2006
Phone
(239) 334-7419Principal Officer
Michael A Flanders
Main Address
2350 MCGREGOR BLVD, FORT MYERS, FL, 33901
NTEE Category
Code: A80 - Arts
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