Overview
What is Versailles Area Historical Society Inc?
Versailles Area Historical Society Inc is a nonprofit organization based in Versailles, Ohio. Their primary mission is to promote awareness of the rich historical heritage within the Versailles area. They accomplish this through various means, such as organizing educational programs, conducting research, and engaging in commemorative activities. The society may also establish a museum to showcase historical materials it acquires. The society's goals are to educate the community about their local history and preserve it for future generations.
What are the reviews and ratings of this charity?
Charity Navigator Rating: Two-Star out of Four Star rating (60%). The Versailles Area Historical Society Inc is rated as needing improvement based on its overall score. The organization has been assessed with a score of 60% for accountability and finance, indicating areas that require attention to enhance transparency and governance.
Strengths of the organization include a strong program expense ratio of 100%, meaning all its expenses are directed towards program activities. Additionally, there are no reported material diversions of assets, which is a positive sign regarding financial integrity. The presence of documented board meeting minutes also reflects some level of operational transparency.
However, significant limitations are evident, particularly in governance. The organization lacks independent board members and has not established key policies, such as a whistleblower policy or a document retention and destruction policy. Furthermore, the absence of a published tax form on its website and listed disclosures raises concerns about accessibility and transparency for stakeholders.
This AI summary has been generated from information found on Charity Navigator.
Is Versailles Area Historical Society Inc legitimate?
Versailles Area Historical Society Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Versailles Area Historical Society 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
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What is the mission statement of Versailles Area Historical Society Inc?
The Versailles Area Historical Society Inc is established with a mission to foster an awareness of the rich historical heritage within its vicinity. This is achieved through various means, including educational programs, meetings, research, and commemorative activities. From time to time, the society may also distribute informative materials. Furthermore, there's a possibility of establishing a museum to house historical acquisitions, which serve to further this purpose.
What is the revenue of Versailles Area Historical Society Inc?
Versailles Area Historical Society Inc's revenue in 2023 was $62,205.
Who are the executives of Versailles Area Historical Society Inc and what are their salaries?
Here are 4 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
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- Other: $0
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- Other: $0
- Compensation: $0
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- Other: $0
Where can I find the form 990 for Versailles Area Historical Society Inc?
Versailles Area Historical Society Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Versailles Area Historical Society Inc
The Versailles Area Historical Society Inc, with a mission to promote an awareness of the rich historical heritage that exists within the Versailles area, aims to achieve this goal through various means. They organize meetings, historical programs, research, and commemorative activities to educate and engage the community. The society also considers establishing a museum as a means to further this purpose, where they can display historical materials they may acquire. This museum would serve as a platform to showcase the society's acquisitions, contributing to the preservation and celebration of the area's historical heritage.
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Impact
August, 2024
The Versailles Area Historical Society Inc has been instrumental in promoting an awareness of the rich historical heritage within the Versailles area. Through meetings, historical programs, research, and commemorative activities, the society has engaged the community in learning about and appreciating its cultural past. The potential establishment of a museum further enhances the society's mission by providing a space to display acquired historical materials for public viewing. This active involvement in preserving and sharing local history contributes significantly to the cultural enrichment of the region.
This information is meant to be a general summary of Versailles Area Historical Society 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 2023.
- Investment Income: $54
- Program Service Revenue: $1,725
- Gross Receipts: $62,205
Assets and Liabilities:
- Total Assets: $382,065
- Total Liabilities: $0
- Net Assets: $382,065
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
MISCELLANEOUS
Revenue
$1,725
Organization Details
Founding Year
2009
Principal Officer
Susan Mceldowney
NTEE Category
Code: A80 - Arts
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