Overview
What is Preservation Kentucky Inc?
Preservation Kentucky Inc, based in Frankfort, Kentucky, is a dedicated nonprofit organization with a mission to foster support and safeguard the state's historic structures and resources. With just two employees, they actively work towards preserving historic monuments and structures, contributing significantly to the cultural richness of Kentucky. Their activities aim to cultivate awareness and protection for these historical treasures, ensuring their endurance for future generations.
Official website here: www.preservationkentucky.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 74%, earning it a Two-Star out of Four Star rating. This rating indicates that while Preservation Kentucky Inc demonstrates some strengths in transparency and governance, there are significant areas that require improvement. The organization has received a solid score for its accountability and finance practices, with particularly strong marks for having an independent board and a low material diversion of assets.
Strengths include a full independent board and proper documentation of board meeting minutes, which suggests a commitment to governance. The program expense ratio of 68.03% indicates that a substantial portion of its funds is directed towards its mission-related activities, which is a positive sign for potential donors looking for effective nonprofits.
However, the organization falls short in several critical areas. It lacks essential policies such as a conflict of interest policy, a whistleblower policy, and a document retention and destruction policy. Additionally, the nonprofit has not made its tax form readily available on its website, which raises concerns about transparency. These limitations contribute to its overall two-star rating, emphasizing the need for improvements in governance practices.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about Preservation Kentucky Inc?
100% of reviewers on Facebook recommend Preservation Kentucky Inc based on 10 reviews. Here is a summary of their thoughts:
Supporters find the organization to be highly engaging, noting its fascinating focus on history. The content provided is described as both interesting and reflective, indicating that visitors appreciate the depth of information offered.
Overall, the positive sentiment suggests that Preservation Kentucky Inc successfully captivates its audience and fulfills its mission of promoting historical awareness and preservation.
This AI summary has been generated from reviews found on Facebook.
Is Preservation Kentucky Inc legitimate?
Preservation Kentucky Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Preservation Kentucky 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: $45,705
For more financial information, click here
Official website here: www.preservationkentucky.org
What is the mission statement of Preservation Kentucky Inc?
Preservation Kentucky Inc's mission is centrally focused on fostering support and safeguarding historic structures and resources within its purview. The organization strives to promote the preservation of historical monuments and buildings, working tirelessly to ensure their protection. To achieve this goal, Preservation Kentucky Inc engages in various activities aimed at encouraging the conservation of these cultural landmarks.
Official website here: www.preservationkentucky.org
Who is the CEO of Preservation Kentucky Inc?
W Grady Walter Ii is the Director of Preservation Kentucky Inc.
Official website here: www.preservationkentucky.org
What is the revenue of Preservation Kentucky Inc?
Preservation Kentucky Inc's revenue in 2022 was $103,796.
Official website here: www.preservationkentucky.org
Who are the executives of Preservation Kentucky Inc and what are their salaries?
The average compensation at Preservation Kentucky Inc during 2022 was $22,852. There are 2 employees and 25 volunteers at Preservation Kentucky Inc.
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Official website here: www.preservationkentucky.org
Where can I find the form 990 for Preservation Kentucky Inc?
Preservation Kentucky Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.preservationkentucky.org
Learn more at the official website: www.preservationkentucky.org
Mission Statement of Preservation Kentucky Inc
Preservation Kentucky Inc, a dedicated organization, is committed to building support and protecting the historic structures and resources of the state. Its mission is geared towards fostering an appreciation for the rich historical heritage of Kentucky, ensuring that future generations can continue to benefit from these invaluable assets. The organization engages in various activities aimed at encouraging the preservation of historic structures and monuments, contributing significantly to the cultural and historical landscape of the region.
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Impact
October, 2024
Preservation Kentucky Inc. plays a crucial role in safeguarding the state's historical heritage by advocating for the protection and maintenance of significant structures and resources. By fostering community support, the organization encourages the preservation of historic buildings and monuments, which are vital for understanding Kentucky's rich cultural landscape. Their efforts not only help maintain the architectural integrity of the region but also promote tourism and education, allowing residents and visitors alike to engage with the state's history. Through various activities and initiatives, Preservation Kentucky Inc. works to ensure that future generations can appreciate and learn from the historical narratives embodied in these structures.
This information is meant to be a general summary of Preservation Kentucky 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: $2,449
- Gross Receipts: $103,796
Assets and Liabilities:
- Total Assets: $207,729
- Total Liabilities: $1,360
- Net Assets: $206,369
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Organization Details
Founding Year
1999
Phone
(502) 871-4570Principal Officer
W Grady Walter Ii
Main Address
232 WEST MAIN UNIT 1, FRANKFORT, KY, 40601
Website
www.preservationkentucky.orgNTEE Category
Code: A30 - Arts
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