Overview
What is Lou Holtzupper Ohio Valley Hall Of Fame Foundation Inc?
Lou Holtzupper Ohio Valley Hall of Fame Foundation Inc is a nonprofit organization located in East Liverpool, Ohio. Their primary mission is to recognize the achievements and contributions of individuals in the Upper Ohio Valley. To accomplish this, they operate a museum that showcases the "Hall of Fame" members and provide scholarships to deserving individuals. The foundation's activities include managing the expenses associated with these scholarships and promoting the esteemed individuals enshrined in their hall of fame. With a small team of four employees, they strive to contribute positively to the local community.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 55%
The Lou Holtz Upper Ohio Valley Hall of Fame Foundation Inc has received a One-Star out of Four Star rating, indicating concerns regarding its overall effectiveness and financial management. With a score of 55%, the charity's accountability and finance metrics reveal both strengths and weaknesses. Notably, the organization boasts an entirely independent board, scoring full points in that area, along with excellent management of liabilities to assets.
While the foundation maintains rigorous documentation of board meetings and has no material diversion of assets, the program expense ratio of 55.83% raises questions about the allocation of funds towards direct programming. This indicates that a significant portion of resources may not be directed towards the charity's mission-related activities, which is a common concern among lower-rated organizations.
Overall, while the Lou Holtz Upper Ohio Valley Hall of Fame Foundation demonstrates strong governance, its financial efficiency may need improvement to enhance its impact and effectiveness in serving its community.
This AI summary has been generated from information found on Charity Navigator.
Is Lou Holtzupper Ohio Valley Hall Of Fame Foundation Inc legitimate?
Lou Holtzupper Ohio Valley Hall Of Fame Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Lou Holtzupper Ohio Valley Hall Of Fame Foundation 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
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Other Salaries and Wages: $47,937
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What is the mission statement of Lou Holtzupper Ohio Valley Hall Of Fame Foundation Inc?
The Lou Holtzupper Ohio Valley Hall of Fame Foundation Inc's mission is centered around recognizing the achievements and contributions of individuals in the Upper Ohio Valley. The primary objective of the foundation is to honor these distinguished individuals. In addition to this, the foundation provides scholarships to deserving individuals. To achieve its goals, it operates a museum and actively promotes its "Hall of Fame" members. The foundation also incurs expenses in providing scholarships to local students and managing the museum to promote its "Hall of Fame" members.
Who is the CEO of Lou Holtzupper Ohio Valley Hall Of Fame Foundation Inc?
Frank C Dawson is the President of Lou Holtzupper Ohio Valley Hall Of Fame Foundation Inc.
What is the revenue of Lou Holtzupper Ohio Valley Hall Of Fame Foundation Inc?
Lou Holtzupper Ohio Valley Hall Of Fame Foundation Inc's revenue in 2023 was $36,247.
Who are the executives of Lou Holtzupper Ohio Valley Hall Of Fame Foundation Inc and what are their salaries?
The average compensation at Lou Holtzupper Ohio Valley Hall Of Fame Foundation Inc during 2023 was $11,984. There are 4 employees at Lou Holtzupper Ohio Valley Hall Of Fame Foundation Inc.
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Where can I find the form 990 for Lou Holtzupper Ohio Valley Hall Of Fame Foundation Inc?
Lou Holtzupper Ohio Valley Hall Of Fame Foundation Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Lou Holtzupper Ohio Valley Hall Of Fame Foundation Inc
Lou Holtzupper Ohio Valley Hall Of Fame Foundation Inc is dedicated to recognizing the accomplishments and contributions of individuals in the Upper Ohio Valley. The organization's mission is twofold. Firstly, it aims to honor the achievements of men and women who have made significant impacts in their respective fields. Secondly, it strives to provide financial assistance to deserving students through scholarships. The foundation operates a museum to showcase these notable figures and promote their achievements, thereby serving as a testament to the region's rich history and talent pool. By providing scholarships, the foundation aims to foster the next generation of leaders and contributors, ensuring that the Upper Ohio Valley continues to thrive and progress.
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Impact
August, 2024
The Lou Holtzupper Ohio Valley Hall Of Fame Foundation Inc's impact is significant in recognizing the accomplishments and contributions of men and women in the Upper Ohio Valley. Through its mission to provide scholarships to deserving individuals and operate a museum promoting "Hall of Fame" members, the organization plays a crucial role in supporting local students and preserving the region's cultural heritage. By honoring notable figures and investing in education, the foundation contributes to the enrichment and development of the community.
This information is meant to be a general summary of Lou Holtzupper Ohio Valley Hall Of Fame Foundation 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: -$1,489
- Gross Receipts: $95,542
Assets and Liabilities:
- Total Assets: $873,926
- Total Liabilities: $1,226
- Net Assets: $872,700
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Organization Details
Founding Year
1998
Phone
(330) 385-3400Principal Officer
Frank C Dawson
Main Address
PO BOX 60, EAST LIVERPOOL, OH, 43920
NTEE Category
Code: A500 - Arts
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