Overview
What is Friends Of Southwest Virginia?
Friends of Southwest Virginia is a nonprofit organization dedicated to preserving and promoting the region's cultural and natural assets. They aim to foster economic development by collaborating with local partners. This is achieved through various initiatives, including showcasing Southwest Virginia's cultural assets at the Heartwood Artisan Gateway, offering educational and cultural opportunities to the public and students, and contributing to the region's economic growth. Their mission is deeply rooted in the protection and presentation of Southwest Virginia's unique heritage, while simultaneously driving development through partnerships.
Official website here: www.friendsofswva.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 54% (One-Star out of Four Stars)
Friends Of Southwest Virginia has received a One-Star rating from Charity Navigator, which indicates significant concerns regarding its accountability and financial practices. While the organization scores well in areas such as having a fully independent board and a solid program expense ratio, it falls short in transparency, as indicated by the lack of financial statements and missing key policies like conflict of interest and whistleblower protections.
The organization demonstrates some strengths, notably its high percentage of independent board members and no reported material diversion of assets. These factors suggest a commitment to governance and ethical oversight. However, the absence of crucial financial documentation and policies raises red flags about the organization's overall accountability and operational integrity.
In summary, while Friends Of Southwest Virginia has some positive attributes in governance, the significant gaps in transparency and financial reporting contribute to its low rating. Prospective donors and volunteers may want to consider these factors carefully before engaging with the organization.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about Friends Of Southwest Virginia?
82% of reviewers on Facebook recommend Friends Of Southwest Virginia. Here’s a quick overview of their insights:
Many users express appreciation for the valuable information available on the nonprofit's page, highlighting its usefulness and relevance. This suggests that followers find the organization serves an important role in providing knowledge and resources to the community.
Overall, users seem positive about their experiences, recognizing the nonprofit's contribution to local engagement and awareness.
This AI summary has been generated from reviews found on Facebook.
Is Friends Of Southwest Virginia legitimate?
Friends Of Southwest Virginia is a legitimate nonprofit organization registered as a 501(c)(3) entity. Friends Of Southwest Virginia 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: $132,047
For more financial information, click here
Official website here: www.friendsofswva.org
What is the mission statement of Friends Of Southwest Virginia?
Friends of Southwest Virginia's mission is centered around preserving and promoting the region's cultural and natural assets. They aim to foster economic development through these efforts in collaboration with regional partners. Additionally, they provide educational and cultural opportunities for the general public and students within the region. The organization showcases Southwest Virginia's cultural assets at the Heartwood Artisan Gateway, contributing to the region's cultural richness and promoting its economic growth.
Official website here: www.friendsofswva.org
Who is the CEO of Friends Of Southwest Virginia?
Kimberly Davis is the Executive Di of Friends Of Southwest Virginia.
Official website here: www.friendsofswva.org
What is the revenue of Friends Of Southwest Virginia?
Friends Of Southwest Virginia's revenue in 2023 was $2,102,486.
Official website here: www.friendsofswva.org
Who are the executives of Friends Of Southwest Virginia and what are their salaries?
The average compensation at Friends Of Southwest Virginia during 2023 was $11,004. There are 12 employees at Friends Of Southwest Virginia.
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Official website here: www.friendsofswva.org
Where can I find the form 990 for Friends Of Southwest Virginia?
Friends Of Southwest Virginia's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.friendsofswva.org
Learn more at the official website: www.friendsofswva.org
Mission Statement of Friends Of Southwest Virginia
Friends of Southwest Virginia is an organization dedicated to preserving, promoting, and showcasing the cultural and natural assets of the region. Their mission is multifaceted, aiming to not only protect these treasures but also to leverage them for economic development. They achieve this by collaborating with local partners and engaging in initiatives that benefit the community as a whole. Furthermore, Friends of Southwest Virginia offers educational and cultural opportunities for the general public and students, seeking to enrich the region's culture and inspire its future generations. The organization's flagship project, the Heartwood Artisan Gateway, serves as a testament to their commitment to celebrating Southwest Virginia's cultural assets and attracting visitors to the region.
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Impact
October, 2024
Friends of Southwest Virginia significantly impacts the region by actively preserving, promoting, and presenting its rich cultural and natural assets. This organization plays a pivotal role in fostering partnerships across the region, which helps drive economic development initiatives that capitalize on the unique offerings of Southwest Virginia.
By showcasing the region's cultural heritage at locations like the Heartwood Artisan Gateway, Friends of Southwest Virginia helps attract visitors and create a vibrant community, enhancing local tourism and commerce. Additionally, the organization is dedicated to providing educational and cultural opportunities for both the general public and students, enriching the community's understanding and appreciation of its heritage.
Through these efforts, Friends of Southwest Virginia strengthens community ties, stimulates economic growth, and cultivates a deeper appreciation for the region's diverse cultural landscape.
This information is meant to be a general summary of Friends Of Southwest Virginia. 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.
- Program Service Revenue: $180,808
- Gross Receipts: $2,102,486
Assets and Liabilities:
- Total Assets: $1,211,982
- Total Liabilities: $1,034,754
- Net Assets: $177,228
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
MERCHANDISE
Revenue
$120,718
EVENT REVENUE
Revenue
$30,350
EVENT SPONSORSHIPS
Revenue
$20,000
FOOD AND BEVERAGE
Revenue
$9,740
Organization Details
Founding Year
2010
Phone
(276) 492-2400Principal Officer
Kimberly Davis
Main Address
ONE HEARTWOOD CIRCLE, ABINGDON, VA, 24210
Website
www.friendsofswva.orgNTEE Category
Code: A40 - Arts
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