Overview
What is Friends Of Craft Inc?
Friends of Craft Inc, based on the provided information, is a nonprofit organization with a primary focus on supporting and carrying out paleoanthropological research. This research aims to preserve valuable paleoanthropological data and foster public understanding through funded projects and forums. The organization's mission is multifaceted, involving both conducting research and offering a platform for the dissemination of information in this field. By doing so, Friends of Craft Inc contributes to expanding our knowledge of human evolution and early human history.
Official website here: www.stoneageinstitute.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement
Friends Of Craft Inc has received a Two-Star out of Four Star rating from Charity Navigator, indicating that the organization has room for significant improvement, particularly in accountability and financial management. While it excels in areas such as having a fully independent board and maintaining a low liabilities to assets ratio, it has notably low scores in financial statements and fundraising efficiency, which raises concerns about its overall fiscal health.
The organization demonstrates strengths in governance, with all board members being independent and a solid structure for board meeting documentation. However, the absence of policies regarding conflict of interest, whistleblower protections, and document retention is a critical gap that could jeopardize transparency and accountability. These deficiencies, alongside the poor performance in financial reporting, suggest that while the organization is well-managed at the board level, it lacks essential operational safeguards.
Additionally, the financial ratios show that while program expenses are relatively managed, there is excessive inefficiency in fundraising efforts. This combination of factors contributes to the organization's lower overall score and highlights the need for improvement in financial practices and policy implementation to enhance its credibility and effectiveness as a nonprofit.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about Friends Of Craft Inc?
There are currently two reviews for Friends Of Craft Inc, both of which highlight a positive experience at the organization. One review describes the space as a "magnificent achievement" and emphasizes its beauty and charm, along with its library, research, and museum facilities. The reviewer also appreciates the unique blend of quirkiness and good taste, suggesting that it stands out as a remarkable place to visit.
Moreover, the comment about the people associated with the organization brings an additional layer of positive sentiment, indicating that visitors feel welcomed and valued. This personal touch enhances the overall experience and reinforces the organization’s reputation as a friendly and inviting space.
In summary, while the reviews are limited, they convey a strong endorsement for Friends Of Craft Inc, reflecting satisfaction and admiration for its facilities and the welcoming nature of its staff.
This AI summary has been generated from reviews found on Facebook.
Is Friends Of Craft Inc legitimate?
Friends Of Craft Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Friends Of Craft 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: $262,035
For more financial information, click here
Official website here: www.stoneageinstitute.org
What is the mission statement of Friends Of Craft Inc?
Friends of Craft Inc's mission is centered around supporting and conducting research in the field of paleoanthropology. They achieve this by providing funding for the preservation of relevant information and organizing public forums to engage with the scientific community. The primary goal of this organization is to advance our understanding of human evolution and prehistoric life, contributing to the broader field of anthropology. Through their efforts, Friends of Craft Inc aims to contribute to the global body of knowledge in paleoanthropology, fostering a deeper appreciation for our evolutionary past.
Official website here: www.stoneageinstitute.org
Who is the CEO of Friends Of Craft Inc?
Nicholas Toth is the President of Friends Of Craft Inc.
Official website here: www.stoneageinstitute.org
What is the revenue of Friends Of Craft Inc?
Friends Of Craft Inc's revenue in 2023 was $5,566,428.
Official website here: www.stoneageinstitute.org
Who are the executives of Friends Of Craft Inc and what are their salaries?
The average compensation at Friends Of Craft Inc during 2023 was $52,407. There are 5 employees at Friends Of Craft Inc.
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Official website here: www.stoneageinstitute.org
Where can I find the form 990 for Friends Of Craft Inc?
Friends Of Craft Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.stoneageinstitute.org
Learn more at the official website: www.stoneageinstitute.org
Mission Statement of Friends Of Craft Inc
Friends of Craft Inc, as a nonprofit organization, is dedicated to supporting and carrying out pioneering research in the field of paleoanthropology. They accomplish this mission by providing financial aid and forums for the preservation of valuable paleoanthropological data. In essence, Friends of Craft Inc plays a crucial role in advancing our understanding of human evolution and early human life. By offering grants and hosting public events, this organization contributes to the ongoing exploration of our prehistoric past, ensuring that future generations can benefit from the knowledge gained.
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Impact
October, 2024
Friends Of Craft Inc significantly impacts the field of paleoanthropology by supporting and conducting essential research that enhances our understanding of human evolution and prehistoric life. Through financial grants, the organization helps preserve vital paleoanthropological information, ensuring that critical data and findings are safeguarded for future study. Additionally, it promotes public awareness and education through forums, fostering a greater appreciation for our shared human heritage. By facilitating research and engaging the community, Friends Of Craft Inc plays a crucial role in advancing scientific knowledge and inspiring future generations of researchers and enthusiasts in the field.
This information is meant to be a general summary of Friends Of Craft 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: $549,862
- Gross Receipts: $7,271,758
Assets and Liabilities:
- Total Assets: $11,670,051
- Total Liabilities: $10,672
- Net Assets: $11,659,379
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Organization Details
Phone
(812) 876-0080Principal Officer
Nicholas Toth
Main Address
1392 W DITTEMORE RD, GOSPORT, IN, 47433
Website
www.stoneageinstitute.orgNTEE Category
Code: V212 - Social research
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