Overview
What is Doc's Friends Inc?
Doc's Friends Inc is a nonprofit organization situated in Wichita, Kansas. Their primary objective is to preserve and showcase historic aircraft, specifically those with significant ties to the Wichita community. They actively engage in the acquisition, restoration, and exhibition of these aviation relics, ensuring their historical value is maintained for future generations to appreciate. The organization's mission is deeply rooted in the local community, aiming to honor its aviation heritage and share it with the public.
Official website here: www.b-29doc.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 73%, earning a Two-Star out of Four Star rating. Doc's Friends Inc has demonstrated a solid commitment to accountability and finance, achieving notable scores in several areas. With 100% independent board members and a high program expense ratio of 95.70%, the organization shows a strong dedication to directing funds towards its mission.
However, the organization does have some limitations. It lacks key policies such as a whistleblower policy and document retention and destruction policy, which may raise concerns about transparency and governance practices. Despite these gaps, the absence of material diversion of assets and the presence of board meeting minutes contribute positively to their overall assessment.
In summary, while Doc's Friends Inc receives a Two-Star rating due to certain policy shortcomings, its strengths in board independence and financial management indicate a responsible use of resources aimed at fulfilling its charitable objectives.
This AI summary has been generated from information found on Charity Navigator.
Is Doc's Friends Inc legitimate?
Doc's Friends Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Doc's Friends 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.
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Official website here: www.b-29doc.com
What is the mission statement of Doc's Friends Inc?
Doc's Friends Inc is committed to acquiring, restoring, and showcasing historically significant aircraft. Their primary objective is to focus on aircraft that hold importance to various communities, particularly Wichita, Kansas. The organization's mission is to preserve these aircraft and make them accessible for public viewing, thereby contributing to the appreciation and understanding of aviation history.
Official website here: www.b-29doc.com
Who is the CEO of Doc's Friends Inc?
Josh Wells is the Director of Doc's Friends Inc.
Official website here: www.b-29doc.com
What is the revenue of Doc's Friends Inc?
Doc's Friends Inc's revenue in 2021 was $1,472,500.
Official website here: www.b-29doc.com
Who are the executives of Doc's Friends Inc and what are their salaries?
Here are 10 key members and their salaries:
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Official website here: www.b-29doc.com
Where can I find the form 990 for Doc's Friends Inc?
Doc's Friends Inc's most recent form 990 was submitted in 2021 and can be accessed here.
Official website here: www.b-29doc.com
Learn more at the official website: www.b-29doc.com
Mission Statement of Doc's Friends Inc
Doc's Friends Inc, a nonprofit organization, is dedicated to a unique mission. Their primary goal is to acquire, restore, and showcase historically significant aircraft. This mission specifically focuses on aircraft that hold particular importance to the community of Wichita, Kansas. By undertaking these efforts, Doc's Friends Inc aims to preserve and celebrate the aviation heritage of this city.
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Impact
July, 2024
Doc's Friends Inc's impact lies in preserving and showcasing historically significant aircraft, particularly those tied to the Wichita, KS community. By acquiring, restoring, and displaying these artifacts, they not only honor the rich aviation history of Wichita but also educate and inspire future generations about the importance of these flying machines. Through their efforts, Doc's Friends Inc helps to keep the legacy of these historic aircraft alive and fosters a deeper appreciation for aviation within the community and beyond.
This information is meant to be a general summary of Doc's Friends 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 2021.
- Program Service Revenue: $762,566
- Gross Receipts: $1,472,500
Assets and Liabilities:
- Total Assets: $10,795,174
- Total Liabilities: $208,145
- Net Assets: $10,587,029
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
FLIGHT RIDES
Revenue
$654,764
AIRSHOW AND TOURS
Revenue
$72,020
HANGAR ADMISSION
Revenue
$35,782
Organization Details
Founding Year
2012
Phone
(316) 358-9894Principal Officer
Josh Wells
Main Address
1788 S AIRPORT ROAD, WICHITA, KS, 67209
Website
www.b-29doc.comNTEE Category
Code: A80 - Arts
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