Overview
What is Aviation Heritage Park?
Aviation Heritage Park is a nonprofit organization situated in Bowling Green, Kentucky, with a specific address provided. Its primary mission is to restore authentic aircraft, thereby commemorating the city and south central Kentucky's significant aviation history. By doing so, they aim to honor all local aviators and serve as an educational resource for the community. With a small but dedicated team of one individual, Aviation Heritage Park is committed to preserving and sharing the region's aviation legacy.
Official website here: www.aviationheritagepark.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 0 stars (29%)
Aviation Heritage Park has received a low rating of 29%, resulting in a zero-star designation. This rating reflects significant concerns regarding the nonprofit's financial transparency and accountability practices. While the organization has an entirely independent board, which is a positive aspect, it lacks essential financial statements and other key policies that are critical for good governance.
The organization has demonstrated some strengths, such as having no material diversion of assets and maintaining documented board meeting minutes. However, the absence of a conflict of interest policy, a whistleblower policy, and a document retention strategy raises red flags about its operational integrity. Additionally, the program expense ratio is concerning, as only 39.81% of its expenses are directed toward programs, indicating that a larger portion may be spent on administrative costs.
Overall, the lack of financial documentation and governance policies may hinder potential donors' confidence in Aviation Heritage Park. To improve its standing, the organization will need to address these shortcomings, enhance transparency, and ensure that a greater share of its funds is utilized for its mission-related programs.
This AI summary has been generated from information found on Charity Navigator.
Is Aviation Heritage Park legitimate?
Aviation Heritage Park is a legitimate nonprofit organization registered as a 501(c)(3) entity. Aviation Heritage Park 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: $54,918
For more financial information, click here
Official website here: www.aviationheritagepark.com
What is the mission statement of Aviation Heritage Park?
Aviation Heritage Park aims to restore authentic aircraft to celebrate the rich aviation history of Bowling Green and South Central Kentucky. This initiative serves as a tribute to all local aviators, honoring their contributions. Furthermore, the park acts as an educational tool, providing insights into the aviation sector's past and present. Its primary objective is to preserve and share this heritage, educating visitors about the significant role aviation has played in various aspects of society.
Official website here: www.aviationheritagepark.com
What is the revenue of Aviation Heritage Park?
Aviation Heritage Park's revenue in 2023 was $789,494.
Official website here: www.aviationheritagepark.com
Who are the executives of Aviation Heritage Park and what are their salaries?
The average compensation at Aviation Heritage Park during 2023 was $27,459. There are 2 employees and 17 volunteers at Aviation Heritage Park.
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Official website here: www.aviationheritagepark.com
Where can I find the form 990 for Aviation Heritage Park?
Aviation Heritage Park's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.aviationheritagepark.com
Learn more at the official website: www.aviationheritagepark.com
Mission Statement of Aviation Heritage Park
Aviation Heritage Park is committed to restoring authentic aircraft as a means to celebrate Bowling Green and South Central Kentucky's rich aviation heritage. This nonprofit organization aims to memorialize all the area's aviators and serve as an educational tool. By focusing on the restoration of historical aircraft, Aviation Heritage Park seeks to preserve and honor the contributions of local aviators, providing a unique insight into the region's aviation history. Additionally, the organization aims to educate the public about this heritage, fostering a deeper appreciation for the role aviation has played in the area's development.
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Impact
July, 2024
Aviation Heritage Park's impact lies in its restoration of authentic aircraft to highlight Bowling Green and South Central Kentucky's rich aviation heritage. By memorializing all of the area's aviators and serving as an educational tool, the park plays a significant role in preserving and promoting the history of aviation in the region. Through its activities, Aviation Heritage Park contributes to the cultural and educational landscape of Bowling Green and beyond, emphasizing the importance of aviation history and its impact on the community. This initiative not only honors the past but also inspires future generations to appreciate and learn from the achievements of aviators in the area.
This information is meant to be a general summary of Aviation Heritage Park. 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 2023.
- Investment Income: $1,274
- Gross Receipts: $829,860
Assets and Liabilities:
- Total Assets: $2,886,891
- Total Liabilities: $594,613
- Net Assets: $2,292,278
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Organization Details
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