Overview
What is Florida Keys History And Discovery Foundation Inc?
Florida Keys History and Discovery Foundation Inc is a nonprofit organization dedicated to establishing and maintaining a premier history and discovery center, showcasing the unique characteristics of the Florida Keys. This center aims to provide an engaging and interactive learning experience, encompassing various aspects of the region's history and nature. By supporting this initiative, the foundation seeks to promote an accurate and comprehensive understanding of the Florida Keys' heritage.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 68%, earning it a Two-Star out of Four Star rating. This rating indicates that Florida Keys History and Discovery Foundation Inc has room for improvement in its accountability and financial performance, evidenced by a lower score of 65 in the Accountability & Finance category. The program expense ratio of 80.48% suggests a good portion of their expenses is directed towards their programs, which is a positive sign for donors seeking impact.
The organization excels in its community engagement, reflected in a high Culture & Community Score of 97. Additionally, Florida Keys History and Discovery Foundation boasts a fully independent board with 100% of its members meeting this criterion and a solid governance structure, including a conflict of interest policy and documented board meeting minutes.
However, the liabilities to assets ratio stands at 73.42%, indicating potential financial vulnerability that may be concerning for some stakeholders. While the organization demonstrates commendable governance and community involvement, the financial health metrics suggest a need for strategic attention to bolster overall stability.
This AI summary has been generated from information found on Charity Navigator.
Is Florida Keys History And Discovery Foundation Inc legitimate?
Florida Keys History And Discovery Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Florida Keys History And Discovery Foundation 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: $80,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $181,856
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What is the mission statement of Florida Keys History And Discovery Foundation Inc?
The Florida Keys History and Discovery Foundation Inc's mission is to establish and maintain a world-class history and discovery center. This center aims to provide an accurate representation of the Florida Keys in a multifaceted and interactive environment. The objective is to promote understanding and appreciation of the region's history and natural heritage. The foundation supports the creation and presentation of engaging exhibits that educate visitors about the Florida Keys.
Who is the CEO of Florida Keys History And Discovery Foundation Inc?
Rich Russell is the Chair of Florida Keys History And Discovery Foundation Inc.
What is the revenue of Florida Keys History And Discovery Foundation Inc?
Florida Keys History And Discovery Foundation Inc's revenue in 2022 was $567,038.
Who are the executives of Florida Keys History And Discovery Foundation Inc and what are their salaries?
The average compensation at Florida Keys History And Discovery Foundation Inc during 2022 was $87,285. There are 3 employees and 13 volunteers at Florida Keys History And Discovery Foundation Inc.
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Where can I find the form 990 for Florida Keys History And Discovery Foundation Inc?
Florida Keys History And Discovery Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Florida Keys History And Discovery Foundation Inc
The Florida Keys History and Discovery Foundation Inc is committed to supporting a world-class History and Discovery Center that delivers an accurate and engaging representation of the Florida Keys. This organization's mission is to create a multifaceted and interactive environment that showcases the rich history and natural wonders of the Florida Keys. By promoting educational exhibits, the Foundation aims to educate and inspire visitors, fostering a deeper appreciation for the region's heritage and environment.
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Impact
July, 2024
The Florida Keys History And Discovery Foundation Inc has made a significant impact by promoting Florida Keys history and nature through its world-class History and Discovery Center in Islamorada. Through interactive exhibits and a multifaceted environment, the foundation accurately reflects the rich heritage of the Florida Keys, educating and engaging visitors about the unique culture and natural wonders of the region. By providing a platform for showcasing the history and beauty of the Florida Keys, the foundation plays a vital role in preserving and celebrating the local heritage for future generations.
This information is meant to be a general summary of Florida Keys History And Discovery Foundation 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 2022.
- Investment Income: $28,276
- Program Service Revenue: $199,394
- Gross Receipts: $614,523
Assets and Liabilities:
- Total Assets: $1,146,834
- Total Liabilities: $492,640
- Net Assets: $654,194
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
SPONSORSHIP
Revenue
$49,050
DONATIONS
Revenue
$59,763
EXHIBITS
Revenue
$1,845
EVENTS
Revenue
$55,808
EVENT UNDERWRITERS
Revenue
$24,900
Organization Details
Founding Year
2013
Principal Officer
Rich Russell
Main Address
PO BOX 1124, ISLAMORADA, FL, 33036
NTEE Category
Code: A80 - Arts
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