Overview
What is Heritage Farmstead Association?
The Heritage Farmstead Association is a nonprofit organization situated in Plano, Texas, specifically at 1900 W 15th Street. Their primary mission is to preserve and showcase the Farrel-Wilson Farmstead, a historical site that has been recognized as a Texas historical marker and included in the National Register of Historic Places. Through their efforts, they serve as a living museum, attracting over 30,000 visitors each year. The organization's activities are dedicated to teaching and demonstrating agricultural history, ensuring that this vital aspect of the past is not lost to future generations. With a staff of seven dedicated individuals, the Heritage Farmstead Association is committed to preserving and sharing the rich history of farming and rural life.
Official website here: www.heritagefarmstead.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 81%, Three-Star out of Four Stars
Heritage Farmstead Association has received an 81% rating from Charity Navigator, which reflects a strong performance primarily in the Accountability & Finance category. This score is derived entirely from a single beacon score, emphasizing the organization’s commitment to financial transparency and responsible governance. The rating indicates that the nonprofit maintains a solid accountability framework, essential for fostering donor trust.
The organization demonstrates strong governance practices, with an independent board composed entirely of 13 members. Additionally, it has no reported material diversion of assets, showcasing its financial integrity. Other key strengths include a well-structured website for transparency, documented policies for conflicts of interest and whistleblower protections, as well as meticulous record-keeping practices.
Despite its commendable score, the rating is limited to the Accountability & Finance dimensions, which means it may not reflect programmatic effectiveness or impact metrics. Potential donors may want to consider additional performance indicators beyond financial accountability to gain a comprehensive understanding of the organization’s overall effectiveness.
This AI summary has been generated from information found on Charity Navigator.
Is Heritage Farmstead Association legitimate?
Heritage Farmstead Association is a legitimate nonprofit organization registered as a 501(c)(3) entity. Heritage Farmstead Association 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: $101,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $264,406
For more financial information, click here
Official website here: www.heritagefarmstead.org
What is the mission statement of Heritage Farmstead Association?
The Heritage Farmstead Association was established with the mission to safeguard and transform the Farrel-Wilson Farmstead into a living museum, now known as the Heritage Farmstead. The organization's primary goal is to preserve and maintain this historical site, which has been recognized with a State of Texas historical marker and inclusion in the National Register of Historic Places. The Heritage Farmstead Association aims to educate and engage more than 30,000 annual visitors by teaching and demonstrating agricultural history. The organization's activities help foster a deeper understanding and appreciation of the past.
Official website here: www.heritagefarmstead.org
Who is the CEO of Heritage Farmstead Association?
M'Lou Hyttinen is the President of Heritage Farmstead Association.
Official website here: www.heritagefarmstead.org
What is the revenue of Heritage Farmstead Association?
Heritage Farmstead Association's revenue in 2022 was $924,475.
Official website here: www.heritagefarmstead.org
Who are the executives of Heritage Farmstead Association and what are their salaries?
The average compensation at Heritage Farmstead Association during 2022 was $52,201. There are 7 employees and 2713 volunteers at Heritage Farmstead Association.
Here are 14 key members and their salaries:
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Official website here: www.heritagefarmstead.org
Where can I find the form 990 for Heritage Farmstead Association?
Heritage Farmstead Association's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.heritagefarmstead.org
Learn more at the official website: www.heritagefarmstead.org
Mission Statement of Heritage Farmstead Association
The Heritage Farmstead Association, established with the purpose of preserving the Farrel-Wilson Farmstead, has transformed the property into a living museum known as the Heritage Farmstead. This organization's mission is centered around preserving and maintaining this historical site, which has been recognized as a State of Texas historical marker and is listed in the National Register of Historic Places. The Association aims to educate the public about agricultural history, engaging over 30,000 visitors annually by sharing its knowledge and demonstrating the rich history of farming and rural life. By preserving and presenting this historical farmstead as a museum, the Heritage Farmstead Association plays a significant role in fostering an appreciation for our nation's agricultural past.
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Impact
October, 2024
Heritage Farmstead Association plays a crucial role in preserving and showcasing agricultural history through the Heritage Farmstead, the former Farrel-Wilson Farmstead. By transforming the site into a living museum, it offers an immersive experience for over 30,000 visitors each year. The farmstead, recognized with a State of Texas historical marker and inclusion in the National Register of Historic Places, serves as an educational resource that highlights the region's agricultural heritage. Through preservation efforts and educational programs, Heritage Farmstead Association fosters a deeper understanding of local history, enriching the cultural landscape of Plano, Texas.
This information is meant to be a general summary of Heritage Farmstead Association. 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: $99
- Program Service Revenue: $229,257
- Gross Receipts: $1,127,820
Assets and Liabilities:
- Total Assets: $1,143,025
- Total Liabilities: $73,363
- Net Assets: $1,069,662
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Tours and admissions
Revenue
$183,254
Rentals
Revenue
$46,003
Organization Details
Founding Year
1973
Phone
(972) 881-0140Principal Officer
M'Lou Hyttinen
Main Address
1900 W 15th Street, Plano, TX, 75075
Website
www.heritagefarmstead.orgNTEE Category
Code: A82Z - Arts
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