Overview
What is Friends Of Sakonnet Lighthouse Inc?
Friends of Sakonnet Lighthouse Inc is a dedicated nonprofit organization situated in Little Compton, Rhode Island. Their primary mission is to preserve and revitalize the iconic Sakonnet Lighthouse. Through various programs, they focus on maintaining and restoring this historic landmark, ensuring its continued longevity and charm for future generations to appreciate.
Official website here: www.sakonnetlighthouse.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 76% (Three-Star out of Four Star rating)
Friends Of Sakonnet Lighthouse Inc received a 76% rating from Charity Navigator, which reflects a strong emphasis on accountability and finance. The organization boasts a fully independent board with 100% independent members, and it has maintained good financial health, indicated by a 0.00% liabilities to assets ratio. Additionally, the charity allocates 72.97% of its expenses to its programs, demonstrating a commitment to its mission.
However, there are some weaknesses in the organization's policies, as it lacks a conflict of interest policy, a whistleblower policy, and a document retention and destruction policy. These missing policies could raise concerns about transparency and governance practices. Despite these limitations, the charity's strong financial ratios and fully independent board members highlight its potential for responsible management.
Overall, while Friends Of Sakonnet Lighthouse Inc has notable strengths in fiscal responsibility and governance, addressing its policy gaps would enhance its overall effectiveness and trustworthiness in the eyes of donors and stakeholders.
This AI summary has been generated from information found on Charity Navigator.
Is Friends Of Sakonnet Lighthouse Inc legitimate?
Friends Of Sakonnet Lighthouse Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Friends Of Sakonnet Lighthouse 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.
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For more financial information, click here
Official website here: www.sakonnetlighthouse.org
What is the mission statement of Friends Of Sakonnet Lighthouse Inc?
The mission of Friends Of Sakonnet Lighthouse Inc, as stated, is centered around restoring and preserving the historic Sakonnet Lighthouse. This non-profit organization dedicates its efforts to maintaining and refurbishing the lighthouse, ensuring its continued existence and historical significance. Their activities primarily revolve around the upkeep and restoration of this iconic landmark.
Official website here: www.sakonnetlighthouse.org
Who is the CEO of Friends Of Sakonnet Lighthouse Inc?
Scott Brown is the President of Friends Of Sakonnet Lighthouse Inc.
Official website here: www.sakonnetlighthouse.org
What is the revenue of Friends Of Sakonnet Lighthouse Inc?
Friends Of Sakonnet Lighthouse Inc's revenue in 2022 was $87,123.
Official website here: www.sakonnetlighthouse.org
Who are the executives of Friends Of Sakonnet Lighthouse Inc and what are their salaries?
Here are 31 key members and their salaries:
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Official website here: www.sakonnetlighthouse.org
Where can I find the form 990 for Friends Of Sakonnet Lighthouse Inc?
Friends Of Sakonnet Lighthouse Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.sakonnetlighthouse.org
Learn more at the official website: www.sakonnetlighthouse.org
Mission Statement of Friends Of Sakonnet Lighthouse Inc
Friends of Sakonnet Lighthouse Inc is dedicated to restoring and preserving the historic Sakonnet Lighthouse. This nonprofit organization takes on the mission of maintaining and refurbishing the lighthouse, ensuring its continued existence and beauty. By engaging in programs that focus on restoration and upkeep, Friends of Sakonnet Lighthouse Inc plays a crucial role in preserving a piece of history for future generations to appreciate.
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Impact
October, 2024
Friends of Sakonnet Lighthouse Inc plays a vital role in preserving the historical and cultural heritage of the Sakonnet Lighthouse in Little Compton, RI. By focusing on the restoration and maintenance of this iconic structure, they ensure that an important piece of maritime history remains accessible to future generations. Their efforts not only protect the physical integrity of the lighthouse but also promote educational programs that highlight its significance in local history and the arts. This commitment fosters community engagement, attracts visitors, and enhances the overall appreciation of the region's coastal heritage. Through dedication to the lighthouse, they contribute to cultural preservation while inspiring a sense of pride and connection in the community.
This information is meant to be a general summary of Friends Of Sakonnet Lighthouse 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: $15,089
- Gross Receipts: $87,263
Assets and Liabilities:
- Total Assets: $1,444,960
- Total Liabilities: $0
- Net Assets: $1,444,960
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Organization Details
Founding Year
1984
Phone
(617) 795-1875Principal Officer
Scott Brown
Main Address
PO BOX 154, LITTLE COMPTON, RI, 02837
Website
www.sakonnetlighthouse.orgNTEE Category
Code: A80 - Arts
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