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Foundation 36 Inc

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 371927112 ✦ Reno, NV ✦ Designated as a 501(c)(3)

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Overview

What is Foundation 36 Inc?

Foundation 36 Inc is a nonprofit organization based in Reno, Nevada, with a strong focus on preserving and educating the public about the state's cultural, historic, and environmental resources. Their mission encompasses conserving open spaces, preserving historic structures, and interpreting Nevada's cultural heritage. They also engage in erecting and maintaining public buildings, monuments, and works. In addition, Foundation 36 Inc acquires, curates, and interprets artifacts and archives related to Nevada's history. The organization's goal is to promote public awareness and appreciation of Nevada's rich heritage.


Official website here: www.foundation36.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 69%, Two-Star out of Four Star rating.

Foundation 36 Inc has achieved a 69% rating from Charity Navigator, indicating some strengths but also significant areas for improvement. The organization scores particularly well in financial metrics, with a program expense ratio of 99.79%, suggesting that nearly all of its funds are directed towards its programs. Additionally, it boasts a fully independent board, which is a positive sign for accountability.

However, the nonprofit faces critical shortcomings in governance practices, as it lacks essential policies such as a conflict of interest policy, a whistleblower policy, and a document retention policy. These omissions have adversely affected its accountability score. Furthermore, while the organization documents board meeting minutes, it has not posted its tax forms on its website, which could limit transparency for stakeholders. Overall, while Foundation 36 Inc demonstrates strong programmatic focus, its governance practices need significant enhancement.


This AI summary has been generated from information found on Charity Navigator.

Is Foundation 36 Inc legitimate?

Foundation 36 Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Foundation 36 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

For more financial information, click here


Official website here: www.foundation36.org

What is the mission statement of Foundation 36 Inc?

Foundation 36 Inc is committed to preserving and educating the public about Nevada's cultural, historical, and environmental resources. This includes the conservation of open spaces, preservation of historic structures, and the interpretation of cultural heritage. They also undertake the construction and maintenance of public buildings, monuments, and works. Furthermore, they collect, curate, and interpret artifacts and archives related to Nevada's history. Their mission is primarily focused on promoting awareness and conservation of Nevada's rich cultural and historical heritage.


Official website here: www.foundation36.org

Who is the CEO of Foundation 36 Inc?

Michael Menath is the Chairman of Foundation 36 Inc.


Official website here: www.foundation36.org

What is the revenue of Foundation 36 Inc?

Foundation 36 Inc's revenue in 2022 was $519,717.


Official website here: www.foundation36.org

Who are the executives of Foundation 36 Inc and what are their salaries?


Here are 3 key members and their salaries:


Rick Stephenson (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Menath (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Shireen Piramoom (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.foundation36.org

Where can I find the form 990 for Foundation 36 Inc?

Foundation 36 Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.foundation36.org

Learn more at the official website: www.foundation36.org

Mission Statement of Foundation 36 Inc

Foundation 36 Inc is dedicated to preserving and educating the public about Nevada's cultural, historical, and environmental resources. This encompasses the conservation of open spaces, the preservation of historic structures, and the interpretation of cultural heritage. The organization is also involved in erecting and maintaining public buildings, monuments, and works. Furthermore, Foundation 36 Inc focuses on acquiring, curating, and interpreting artifacts and archives related to Nevada's history. In essence, the mission of Foundation 36 Inc is to safeguard and share Nevada's rich cultural and historical heritage, ensuring that future generations can appreciate and learn from it.

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Impact




July, 2024

Foundation 36 Inc's impact lies in preserving and educating the public about Nevada's cultural, historic, and environmental resources. This includes the conservation of open space, the preservation of historic structures, and the interpretation of cultural heritage. The organization is actively involved in erecting and maintaining public buildings, monuments, and works while also acquiring, curating, and interpreting artifacts and archives pertaining to Nevada's history. Through these initiatives, Foundation 36 Inc contributes to the enrichment and conservation of Nevada's valuable legacy for current and future generations.




This information is meant to be a general summary of Foundation 36 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.

Revenue
$519,717 (2022)
Expenses
$464,614 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $3,025
  • Gross Receipts: $522,401

Assets and Liabilities:

  • Total Assets: $982,189
  • Total Liabilities: $27,899
  • Net Assets: $954,290

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Organization Details

Founding Year

2019

Principal Officer

Michael Menath

Main Address

316 CALIFORNIA AVE 36, RENO, NV, 89509

NTEE Category

Code: T20 - Philanthropy

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