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Historic Automobile Preservation Entity

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

EIN: 461862661 ✦ El segundo, CA ✦ Designated as a 501(c)(3)

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Overview

What is Historic Automobile Preservation Entity?

Historic Automobile Preservation Entity is a nonprofit organization situated in El Segundo, California, with an address at 610 Lairport Street, CA 90245. Its primary purpose is to aid and promote the initiatives of the Automobile Driving Museum. The entity is committed to charitable and educational activities, with a focus on preserving the rich history and cultural significance of automobiles. By supporting the museum's programs, Historic Automobile Preservation Entity contributes to the public's understanding and appreciation of automotive heritage.

What are the reviews and ratings of this charity?

Charity Navigator Rating: 94%, Four-Star out of Four Star rating. This high score indicates a strong performance in accountability and finance, which is crucial for donors seeking reliable organizations. The rating reflects a commitment to transparency and effective management of resources.

The Historic Automobile Preservation Entity demonstrates exceptional governance with a fully independent board and no material diversion of assets. Their policies on conflict of interest, whistleblower protections, and document retention further enhance their credibility. The organization has also achieved a remarkable program expense ratio of 100%, indicating that all funds are directed towards its mission.

However, while the financial metrics are impressive, potential donors may want to consider the broader impact and effectiveness of the organization's programs, as this rating focuses primarily on financial practices. Overall, the Historic Automobile Preservation Entity stands out as a trustworthy option for those interested in supporting automobile preservation efforts.


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

Is Historic Automobile Preservation Entity legitimate?

Historic Automobile Preservation Entity is a legitimate nonprofit organization registered as a 501(c)(3) entity. Historic Automobile Preservation Entity 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

What is the mission statement of Historic Automobile Preservation Entity?

The Historic Automobile Preservation Entity exists with a mission to support the programs of the Automobile Driving Museum. Its primary objective is to promote charitable and educational activities in addition to its support role for the museum. The entity's mission is centered around fostering the preservation and appreciation of historic automobiles, potentially through various educational programs and initiatives. By supporting the museum's activities, the entity contributes to the broader community's understanding and enjoyment of automotive history.

Who is the CEO of Historic Automobile Preservation Entity?

Thomas Fehn is the President of Historic Automobile Preservation Entity.

What is the revenue of Historic Automobile Preservation Entity?

Historic Automobile Preservation Entity's revenue in 2022 was $75,000.

Who are the executives of Historic Automobile Preservation Entity and what are their salaries?


Here are 3 key members and their salaries:


Tom Fehn (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Richard Croxall (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Phil Skinner (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Historic Automobile Preservation Entity?

Historic Automobile Preservation Entity's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Historic Automobile Preservation Entity

The Historic Automobile Preservation Entity exists with a mission to support the initiatives of the Automobile Driving Museum. This nonprofit organization is dedicated to carrying out charitable and educational activities beyond its role in supporting the museum. It serves to uphold the values and objectives of the Automobile Driving Museum, contributing to its programs and enhancing its impact. The Historic Automobile Preservation Entity's mission is centered around the preservation and celebration of automotive history, providing an avenue for education and enjoyment for the public.

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Impact




October, 2024

The Historic Automobile Preservation Entity significantly impacts the preservation of automotive history and culture. By supporting the programs of the Automobile Driving Museum in El Segundo, California, it plays a vital role in educating the public about the evolution of automobiles and their significance in society. The organization’s commitment to charitable and educational activities fosters a deeper appreciation for vintage vehicles and enhances community engagement through events and exhibitions. This support not only helps maintain the museum's collections but also promotes automotive heritage as an art form, encouraging interest among diverse audiences and future generations.




This information is meant to be a general summary of Historic Automobile Preservation Entity. 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
$75,000 (2022)
Expenses
$106,615 (2022)
Efficiency

Other financial information:

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

  • Gross Receipts: $75,000

Assets and Liabilities:

  • Total Assets: $2,732,807
  • Total Liabilities: $0
  • Net Assets: $2,732,807

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Organization Details

Founding Year

2012

Principal Officer

Thomas Fehn

Main Address

610 LAIRPORT STREET, EL SEGUNDO, CA, 90245

NTEE Category

Code: A50 - Arts

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