Overview
What is American Philatelic Society?
The American Philatelic Society is a nonprofit organization situated in Bellefonte, Pennsylvania. With a team of 37 dedicated individuals, its primary purpose is to promote and foster the hobby of stamp collecting for people of all ages. The society provides educational resources and services to enhance the enjoyment of this pastime, advocating for philately in general. They offer various opportunities for members to buy and sell philatelic materials, ensuring protection against fraud and misrepresentation. Furthermore, the American Philatelic Society initiates and coordinates initiatives to benefit the stamp collecting community, representing the United States in the global philately community and assisting its members in acquiring and disposing of stamp collections.
Official website here: www.stamps.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 95% (Four-Star out of Four Stars)
The American Philatelic Society has achieved an impressive Four-Star rating from Charity Navigator, reflecting a high level of accountability and financial health. The organization's score is entirely based on its strong performance in the Accountability & Finance category, indicating effective management of resources and transparency in operations.
Key strengths of the American Philatelic Society include a fully independent board and robust financial oversight mechanisms, such as a dedicated audit committee. The organization consistently demonstrates excellent practices, including a conflict of interest policy and comprehensive documentation of board meeting minutes. Additionally, the program expense ratio shows that a significant portion of its funds is directed towards its mission.
While the society shows strong financial health, with an efficient fundraising model, its working capital ratio suggests a limited reserve period of 0.50 years. This could indicate a need for ongoing fundraising efforts to ensure long-term sustainability. Overall, the American Philatelic Society stands out for its governance and financial practices, making it a trustworthy choice for donors.
This AI summary has been generated from information found on Charity Navigator.
Is American Philatelic Society legitimate?
American Philatelic Society is a legitimate nonprofit organization registered as a 501(c)(3) entity. American Philatelic Society 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: $303,170
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,026,253
For more financial information, click here
Official website here: www.stamps.org
What is the mission statement of American Philatelic Society?
The American Philatelic Society's mission is centered around promoting stamp collecting and related activities for people of all ages. It strives to enhance the enjoyment of this hobby by providing educational services. The organization also represents the United States in the global philately community and assists its members in acquiring and disposing of philatelic materials. Furthermore, the society initiates and coordinates new programs to benefit stamp collecting and collectors in general, offering knowledge and education that enhances the pleasure and camaraderie of stamp collecting.
Official website here: www.stamps.org
Who is the CEO of American Philatelic Society?
Scott D English is the President of American Philatelic Society.
Official website here: www.stamps.org
What is the revenue of American Philatelic Society?
American Philatelic Society's revenue in 2022 was $3,602,300.
Official website here: www.stamps.org
Who are the executives of American Philatelic Society and what are their salaries?
The average compensation at American Philatelic Society during 2022 was $35,930. There are 37 employees and 44 volunteers at American Philatelic Society.
Here are 13 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $200,000
- Related: $0
- Other: $9,540
- Compensation: $92,293
- Related: $0
- Other: $1,336
Official website here: www.stamps.org
Where can I find the form 990 for American Philatelic Society?
American Philatelic Society's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.stamps.org
Learn more at the official website: www.stamps.org
Mission Statement of American Philatelic Society
The American Philatelic Society, a renowned organization, is dedicated to enriching the hobby of stamp collecting for individuals of all ages. Its primary mission involves promoting stamp collecting as a pastime and encouraging related activities. To accomplish this, the Society offers educational services that enhance the joy and camaraderie associated with stamp collecting. It initiates and coordinates new programs, not just for the benefit of collectors but for philately in general. The Society also represents the United States in the global philatelic community, advocating for its members in the acquisition and disposal of philatelic materials. Additionally, it assists its membership, contributing to the overall growth and satisfaction of the stamp collecting community.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
October, 2024
The American Philatelic Society significantly enhances the enjoyment of stamp collecting and promotes related activities across various age groups. By providing educational services, it fosters a deeper understanding and appreciation for philately. The society facilitates a robust marketplace for members through sales circuits and internet platforms, ensuring safe transactions and minimizing fraud.
Moreover, the American Philatelic Society initiates and coordinates programs designed to benefit both stamp collectors and the broader community. It represents the United States in the global philatelic arena, advocating for collectors and the hobby itself. Ultimately, the society serves as a valuable resource, enhancing camaraderie and engagement among enthusiasts while enriching the overall experience of stamp collecting.
This information is meant to be a general summary of American Philatelic Society. 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: $287,797
- Program Service Revenue: $1,297,679
- Gross Receipts: $3,602,300
Assets and Liabilities:
- Total Assets: $4,599,278
- Total Liabilities: $2,083,733
- Net Assets: $2,515,545
Want to help this charity, for free? You can click here to learn more about Give Freely
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
SALES DIVISION
Revenue
$691,873
STAMP SHOW
Revenue
$271,647
EXPERTIZING SERVICE
Revenue
$154,276
MEMBERSHIP SERVICES
Revenue
$103,927
MAGAZINE INCOME
Revenue
$75,956
Organization Details
Founding Year
1886
Phone
(814) 933-3803Principal Officer
Scott D English
Main Address
100 MATCH FACTORY PLACE, BELLEFONTE, PA, 16823
Website
www.stamps.orgNTEE Category
Code: N500 - Recreation
If you are a representative of American Philatelic Society and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.