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Frankford Preservation Foundation

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

EIN: 464649597 ✦ Dallas, TX ✦ Designated as a 501(c)(3)

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Overview

What is Frankford Preservation Foundation?

The Frankford Preservation Foundation is a nonprofit organization based in Dallas, Texas, with a primary focus on preserving the historical integrity of the Frankford Church, cemetery, native Blackland prairie, Everlasting Springs, and the Historic Wagon Yard on an eight-acre site. The Foundation aims to carry out charitable, religious, educational, and cultural events that align with the site's historical nature. They may also extend their efforts to make contributions to other historic preservation sites, such as churches, cemeteries, and native prairie preserves, across Texas. The 2.5-acre historic prairie will be left in its natural state, free of buildings or gravesites. In essence, the Frankford Preservation Foundation strives to maintain the Frankford site as a historic nature preserve within the city of Dallas.


Official website here: www.frankfordpreservationfoundation.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: Needs Improvement

The Frankford Preservation Foundation received a Two-Star out of Four Star rating from Charity Navigator, with an overall score of 69%. The organization demonstrates strengths in its board structure, with a fully independent board and no reported material diversion of assets. However, the score reflects significant concerns regarding governance policies, as the foundation lacks a whistleblower policy and document retention protocols, which are essential for transparency and accountability.

While the foundation maintains a strong liabilities to assets ratio and demonstrates a commitment to program expenses, its overall effectiveness is hindered by the absence of critical operational documents on its website, including the tax form. This lack of accessible information may affect donor confidence and the organization’s ability to attract support.

In summary, while the Frankford Preservation Foundation shows promise with its governance structure and financial metrics, it must address its weaknesses in policy documentation and transparency to improve its rating and operational credibility.


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

Is Frankford Preservation Foundation legitimate?

Frankford Preservation Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Frankford Preservation Foundation 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.frankfordpreservationfoundation.org

What is the mission statement of Frankford Preservation Foundation?

The Frankford Preservation Foundation aims to preserve the historical integrity of several significant sites, including the Frankford Church, Frankford Cemetery, a native blackland prairie, the Everlasting Springs, and the Historic Wagon Yard, all encompassed within an eight-acre site. The foundation's primary objective is to maintain these areas as historic nature preserves, ensuring their continued existence for future generations. In addition to their own site, the foundation may also contribute to other historical preservation projects, such as churches, cemeteries, and native prairie preserves, within the state of Texas. The two-and-a-half-acre historic prairie is maintained in its natural state, without buildings or gravesites. The foundation organizes charitable, religious, educational, and cultural events in keeping with the historical nature of the overall site.


Official website here: www.frankfordpreservationfoundation.org

Who is the CEO of Frankford Preservation Foundation?

Katherine Power is the President of Frankford Preservation Foundation.


Official website here: www.frankfordpreservationfoundation.org

What is the revenue of Frankford Preservation Foundation?

Frankford Preservation Foundation's revenue in 2022 was $413,514.


Official website here: www.frankfordpreservationfoundation.org

Who are the executives of Frankford Preservation Foundation and what are their salaries?


Here are 6 key members and their salaries:


Katherine Power (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
M'Liss Vestal (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jeff Cummings (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Leigh Richter (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Cynthia Alexander (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Julia Koch (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.frankfordpreservationfoundation.org

Where can I find the form 990 for Frankford Preservation Foundation?

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


Official website here: www.frankfordpreservationfoundation.org

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

Mission Statement of Frankford Preservation Foundation

The Frankford Preservation Foundation, a nonprofit organization, is dedicated to preserving the historical integrity of several significant sites. Specifically, their mission encompasses the conservation of Frankford Church, Frankford Cemetery, the Native Blackland Prairie, the Everlasting Springs, and the Historic Wagon Yard, all situated on the eight-acre Frankford site. The Foundation aims to maintain these sites in their original, untouched states, free from buildings or graveyards, with the exception of the two-and-a-half-acre Historic Prairie, which will remain in its natural state.

In addition to preserving these sites, the Foundation organizes charitable, religious, educational, and cultural events that align with the historical nature of the site. Furthermore, the Foundation may provide financial support to other historic preservation sites, such as churches, cemeteries, and Native Prairie preserves, within the state of Texas.

In summary, the Frankford Preservation Foundation is a nonprofit organization whose primary purpose is to maintain the Frankford site as a historic nature preserve, ensuring that these significant sites are preserved for future generations to appreciate and learn from.

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Impact




June, 2024

The Frankford Preservation Foundation's impact is focused on maintaining the historic integrity of Frankford Church, Frankford Cemetery, the native Blackland Prairie, the everlasting springs, and the historic wagon yard on the eight-acre Frankford site. Their mission is to preserve these historic landmarks and conduct charitable, religious, educational, and cultural events in line with the site's historical nature. Additionally, the Foundation may provide financial support to other historic preservation sites within Texas, including churches, cemeteries, and native prairie preserves. The Foundation's primary goal is to keep the Frankford site as an historic nature preserve in the midst of Dallas, ensuring its legacy and significance for future generations.




This information is meant to be a general summary of Frankford Preservation Foundation. 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
$413,514 (2022)
Expenses
$76,108 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $134,673
  • Program Service Revenue: $21,212
  • Gross Receipts: $486,064

Assets and Liabilities:

  • Total Assets: $1,507,364
  • Total Liabilities: $24,430
  • Net Assets: $1,482,934

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

WEDDING INCOME

Revenue

$15,300

OTHER

Revenue

$5,912

Organization Details

Founding Year

2014

Principal Officer

Katherine Power

Main Address

5600 W LOVERS LN STE 116 132, DALLAS, TX, 75209

NTEE Category

Code: C99 - Environment

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