Overview
What is Fishtown Preservation Society Inc?
The Fishtown Preservation Society Inc, based in Leland, Michigan, is a dedicated nonprofit organization with a mission to preserve Fishtown's historical significance. They spearhead educational activities to highlight the crucial role commercial fishing has played in the area's development. The society operates with a workforce of three individuals and is committed to ensuring public access to Fishtown, safeguarding its historical integrity, working waterfront, artifacts, and stories. They accomplish this through preservation, education, and stewardship efforts, aiming to maintain the area's rich heritage and history for the community and future generations.
Official website here: www.fishtownmi.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 75%, Three-Star out of Four Stars
Fishtown Preservation Society Inc received a Three-Star rating from Charity Navigator, reflecting a score of 75% based entirely on its Accountability & Finance. This rating indicates a generally positive evaluation of the organization's financial health and governance practices, suggesting that it operates with a reasonable level of transparency and accountability.
The organization demonstrates strong governance, with 100% independent board members and an effective oversight committee. It has implemented essential policies such as conflict of interest and whistleblower policies, which are vital for maintaining ethical standards. Additionally, there has been no material diversion of assets, and the charity provides accessible financial documentation, enhancing trustworthiness among stakeholders.
However, the program expense ratio is relatively low at 53.09%, indicating that a significant portion of its expenses may not be directly related to its programs. This could suggest areas for improvement in how funds are allocated toward mission-related activities. Overall, while Fishtown Preservation Society Inc shows solid financial practices, potential donors might consider the balance of program spending versus administrative costs.
This AI summary has been generated from information found on Charity Navigator.
Is Fishtown Preservation Society Inc legitimate?
Fishtown Preservation Society Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Fishtown Preservation Society 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:
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Other Salaries and Wages: $150,856
For more financial information, click here
Official website here: www.fishtownmi.org
What is the mission statement of Fishtown Preservation Society Inc?
The Fishtown Preservation Society Inc's mission is centered around ensuring public access to Fishtown and preserving its historical integrity, working waterfront, artifacts, and stories. They accomplish this through various means, including preservation, education, and stewardship. The society's activities often involve informing the public about the significant historical role that commercial fishing has played in the development of the area, using restored historic fishing vessels as part of these educational initiatives.
Official website here: www.fishtownmi.org
What is the revenue of Fishtown Preservation Society Inc?
Fishtown Preservation Society Inc's revenue in 2024 was $2,698,172.
Official website here: www.fishtownmi.org
Who are the executives of Fishtown Preservation Society Inc and what are their salaries?
The average compensation at Fishtown Preservation Society Inc during 2024 was $50,285. There are 3 employees and 75 volunteers at Fishtown Preservation Society Inc.
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Official website here: www.fishtownmi.org
Where can I find the form 990 for Fishtown Preservation Society Inc?
Fishtown Preservation Society Inc's most recent form 990 was submitted in 2024 and can be accessed here.
Official website here: www.fishtownmi.org
Learn more at the official website: www.fishtownmi.org
Mission Statement of Fishtown Preservation Society Inc
The Fishtown Preservation Society Inc is committed to ensuring public access to the historic district of Fishtown and preserving its integral working waterfront, artifacts, and stories. Through preservation, education, and stewardship, this nonprofit organization aims to maintain the historical integrity of Fishtown. Their mission is to inform the public about the significant role commercial fishing has played in the area's development, utilizing restored historic fishing vessels as part of their educational activities.
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Impact
July, 2024
Fishtown Preservation Society Inc's impact revolves around assuring public access to Fishtown and maintaining its historical integrity. Through preservation, education, and stewardship efforts, the society ensures that Fishtown's working waterfront, artifacts, and stories are preserved for future generations. Additionally, the organization conducts educational activities to highlight the significant historical role that commercial fishing has played in the development of the area. This includes showcasing fishing operations using restored historic fishing vessels, contributing to a deeper understanding of the region's maritime heritage.
This information is meant to be a general summary of Fishtown Preservation Society 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 2024.
- Investment Income: $231,152
- Program Service Revenue: $26,432
- Gross Receipts: $2,956,513
Assets and Liabilities:
- Total Assets: $10,101,392
- Total Liabilities: $72,336
- Net Assets: $10,029,056
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PROGRAM SERVICE REVENUE
Revenue
$26,432
Organization Details
Founding Year
2001
Principal Officer
David Burkhardt
Website
www.fishtownmi.orgNTEE Category
Code: A80 - Arts
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