Overview
What is Spencer-Penn School Preservation Organization Inc?
Spencer-Penn School Preservation Organization Inc, based in Spencer, Virginia, is a dedicated nonprofit organization with a mission to safeguard the historical building, facilities, artifacts, and facts associated with the Spencer-Penn school. Their ultimate goal is to transform this preserved site into a community center, serving the needs of the nearby residents. With a workforce of 47 individuals, the organization is committed to preserving the school's heritage and providing a valuable resource for the community.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 87% (Three-Star out of Four Stars)
The Spencer-Penn School Preservation Organization Inc has received an 87% score, reflecting a strong accountability and finance rating. This rating is based solely on the organization's financial practices, indicating effective management in terms of transparency and financial health. They have a fully independent board, no material diversion of assets, and a solid program expense ratio, suggesting that a significant portion of their funds directly supports their mission.
User feedback highlights the organization's positive impact on the community. Many volunteers express a strong sense of belonging and fulfillment from their involvement. The facility, recognized for its historical significance, also serves as a hub for community activities, offering spaces for events and educational resources, which has been well received by residents.
While the overall financial health and community feedback are commendable, the data does not provide insights into potential challenges or areas for improvement. The organization appears to be effectively serving its mission, fostering community engagement, and maintaining rigorous financial standards.
This AI summary has been generated from information found on Charity Navigator and Great Nonprofits.
Is Spencer-Penn School Preservation Organization Inc legitimate?
Spencer-Penn School Preservation Organization Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Spencer-Penn School Preservation Organization 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.
Heare are some key statistics you may want to consider:
Executive Compensation: $46,700
Professional Fundraising Fees: $0
Other Salaries and Wages: $96,476
For more financial information, click here
What is the mission statement of Spencer-Penn School Preservation Organization Inc?
The mission of Spencer-Penn School Preservation Organization Inc is centered around preserving the structure, facilities, artifacts, and historical facts of the Spencer-Penn school. The primary goal is to transform this preserved space into a community center, serving the needs and interests of the citizens in the surrounding areas. The organization aims to keep the historical significance of the school alive while providing a valuable resource for the local community. By preserving and repurposing the school, the organization seeks to foster a sense of community and promote cultural awareness.
Who is the CEO of Spencer-Penn School Preservation Organization Inc?
Robert A Pratt is the Executive Director of Spencer-Penn School Preservation Organization Inc.
What is the revenue of Spencer-Penn School Preservation Organization Inc?
Spencer-Penn School Preservation Organization Inc's revenue in 2022 was $153,175.
Who are the executives of Spencer-Penn School Preservation Organization Inc and what are their salaries?
The average compensation at Spencer-Penn School Preservation Organization Inc during 2022 was $3,046. There are 47 employees and 100 volunteers at Spencer-Penn School Preservation Organization Inc.
Here are 13 key members and their salaries:
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Where can I find the form 990 for Spencer-Penn School Preservation Organization Inc?
Spencer-Penn School Preservation Organization Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Spencer-Penn School Preservation Organization Inc
The Spencer-Penn School Preservation Organization Inc is committed to safeguarding the architectural integrity, facilities, and historical artifacts of the Spencer-Penn school. Their primary goal is to transform this preserved structure into a community center, serving the needs of the local residents. By doing so, the organization aims to preserve and celebrate the school's historical significance while providing a valuable resource for the community.
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Impact
October, 2024
The Spencer-Penn School Preservation Organization Inc significantly impacts the community by preserving the historical legacy of the Spencer-Penn school and transforming it into a vibrant community center. By safeguarding the structure, facilities, and artifacts, the organization fosters a connection to the region's educational history and cultural heritage.
In doing so, it creates a space for citizens in the surrounding areas to gather, learn, and participate in various activities, particularly in the arts. This initiative not only enhances community engagement but also promotes cultural appreciation, ensuring the historical significance of the Spencer-Penn school is honored and cherished for future generations.
This information is meant to be a general summary of Spencer-Penn School Preservation Organization 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: $78
- Program Service Revenue: $10,700
- Gross Receipts: $170,065
Assets and Liabilities:
- Total Assets: $1,020,521
- Total Liabilities: $172,878
- Net Assets: $847,643
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Program service revenue
Revenue
$10,700
Organization Details
Founding Year
2004
Phone
(276) 957-5757Principal Officer
Robert A Pratt
Main Address
P O Box 506, Spencer, VA, 24165
NTEE Category
Code: A50 - Arts
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