Overview
What is Savanna Historical Society Nfp?
The Savanna Historical Society Nfp, situated in Savanna, Illinois, is a dedicated nonprofit organization. Their primary focus is the preservation and upkeep of historically significant information pertaining to the city of Savanna. This mission is achieved through the operation of the Savanna Historical Society Museum, which serves as a vital cultural hub. The museum is instrumental in safeguarding the city's past, offering visitors an insightful journey into Savanna's history. The society's activities contribute to the community's rich heritage, fostering a sense of pride and connection with the city's past.
What are the reviews and ratings of this charity?
Charity Navigator Rating: Zero-Star out of Four Star rating
The Savanna Historical Society Nfp has received a zero-star rating from Charity Navigator, indicating significant concerns regarding its accountability and financial practices. The organization has an overall score of 33%, primarily due to the absence of key policies and transparency measures, such as a conflict of interest policy and a whistleblower policy, which were not found. Additionally, the nonprofit's website is missing essential documents, including its tax form.
Despite these shortcomings, the organization does demonstrate strengths such as having a fully independent board, with 10 out of 10 members not affiliated with the organization, and a solid record of maintaining board meeting minutes. It also reported no material diversion of assets, which indicates good governance in that aspect. However, the lack of transparency due to missing essential policies and documents raises concerns among potential donors and stakeholders.
The financial metrics reflect a program expense ratio of 39.82%, which is low and may indicate limited funds being directed towards its core mission. Furthermore, the organization's liabilities to assets ratio stands at 18.80%, warranting further scrutiny. Overall, while there are some governance strengths, the significant transparency gaps and low program spending highlight critical areas for improvement.
This AI summary has been generated from information found on Charity Navigator.
Is Savanna Historical Society Nfp legitimate?
Savanna Historical Society Nfp is a legitimate nonprofit organization registered as a 501(c)(3) entity. Savanna Historical Society Nfp 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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What is the mission statement of Savanna Historical Society Nfp?
The Savanna Historical Society Nfp is committed to preserving historically significant information related to Savanna, Illinois. This mission is accomplished through the operation of the Savanna Historical Society Museum. The society's primary objective is to safeguard and showcase the rich history of Savanna, ensuring that future generations can appreciate and learn from its past. The museum serves as a hub for historical artifacts, exhibits, and educational programs, fostering a deep understanding of Savanna's heritage. The society also collaborates with local communities and organizations to promote historical awareness and foster a sense of pride in Savanna's history.
Who is the CEO of Savanna Historical Society Nfp?
Carol Fosdick is the Director of Savanna Historical Society Nfp.
What is the revenue of Savanna Historical Society Nfp?
Savanna Historical Society Nfp's revenue in 2022 was $58,702.
Who are the executives of Savanna Historical Society Nfp and what are their salaries?
There 50 volunteers at Savanna Historical Society Nfp.
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Where can I find the form 990 for Savanna Historical Society Nfp?
Savanna Historical Society Nfp's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Savanna Historical Society Nfp
The Savanna Historical Society Nfp, in its mission, is dedicated to the preservation of historically significant information pertaining to Savanna, Illinois. This objective is achieved through the operation of the Savanna Historical Society Museum. By maintaining this museum, the organization aims to safeguard the rich history of Savanna, ensuring its legacy endures for future generations to appreciate and learn from. The museum serves as a repository of valuable historical data, providing visitors with a deep understanding of Savanna's past.
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Impact
August, 2024
The Savanna Historical Society Nfp has made a significant impact on the preservation of historically significant information regarding Savanna, Illinois. Through the operation of the Savanna Historical Society Museum, the organization has been instrumental in safeguarding and sharing the rich history of the city. This has not only helped to educate the community about its past but has also contributed to the promotion of arts and culture in the region. The society's dedication to preserving historical information and operating the museum has created a valuable resource for present and future generations to appreciate and learn from the heritage of Savanna, IL.
This information is meant to be a general summary of Savanna Historical Society Nfp. 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: $9,059
- Gross Receipts: $77,285
Assets and Liabilities:
- Total Assets: $1,012,162
- Total Liabilities: $191,678
- Net Assets: $820,484
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Organization Details
Founding Year
2006
Phone
(815) 273-2200Principal Officer
Carol Fosdick
Main Address
PO BOX 124, SAVANNA, IL, 61074
NTEE Category
Code: A80 - Arts
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