Overview
What is The Congressional Medal Of Honor Museum Fdt Inc?
The Congressional Medal of Honor Museum Fdt Inc is a nonprofit organization with a mission to collect funds for the construction and establishment of the National Medal of Honor Leadership and Education Center. Situated in Mt Pleasant, South Carolina, this center will serve as a hub for education and leadership, honoring the valor and sacrifices of Medal of Honor recipients. The organization's primary focus is to raise necessary funds to bring this vision to life, which will include designing the layout and content of the educational facility.
Official website here: www.mohcenterforleadership.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement (Two-Star out of Four Star rating, 69%)
The Congressional Medal Of Honor Museum Foundation Inc has received a two-star rating from Charity Navigator, indicating a need for improvement in its overall operations. While the organization excels in accountability and finance, with a perfect score of 100% in that category, concerns have been raised regarding several key governance policies that are either missing or not adequately addressed.
Strengths of the organization include a fully independent board with 21 members, which demonstrates a strong commitment to governance. Additionally, financial statements are audited and oversight is in place to prevent material diversion of assets. The program expense ratio is also commendable at 75.03%, reflecting a significant portion of funds allocated directly to programs.
However, the museum falls short in areas such as having a conflict of interest policy, whistleblower policy, and document retention policy, which are critical for transparency and accountability. Furthermore, the organization has a high liabilities to assets ratio of 80.08%, which may pose financial sustainability concerns in the long term. Addressing these governance issues could enhance their overall rating and effectiveness in fulfilling their mission.
This AI summary has been generated from information found on Charity Navigator.
Is The Congressional Medal Of Honor Museum Fdt Inc legitimate?
The Congressional Medal Of Honor Museum Fdt Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Congressional Medal Of Honor Museum Fdt 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: $290,200
Professional Fundraising Fees: $0
Other Salaries and Wages: $851,290
For more financial information, click here
Official website here: www.mohcenterforleadership.org
What is the mission statement of The Congressional Medal Of Honor Museum Fdt Inc?
The Congressional Medal of Honor Museum Fdt Inc's mission is centered around raising funds for the construction and establishment of a significant educational facility. This facility, known as the National Medal of Honor Leadership and Education Center, is intended to serve as a hub for fostering leadership and educational programs. The organization focuses on designing and overseeing the development of this center, with the aim of providing valuable resources and learning opportunities.
Official website here: www.mohcenterforleadership.org
Who is the CEO of The Congressional Medal Of Honor Museum Fdt Inc?
Thomas Mundell is the CEO of The Congressional Medal Of Honor Museum Fdt Inc The CEO's salary of The Congressional Medal Of Honor Museum Fdt Inc is $276,885 and their total compensation is $276,885.
Official website here: www.mohcenterforleadership.org
What is the revenue of The Congressional Medal Of Honor Museum Fdt Inc?
The Congressional Medal Of Honor Museum Fdt Inc's revenue in 2024 was $1,966,991.
Official website here: www.mohcenterforleadership.org
Who are the executives of The Congressional Medal Of Honor Museum Fdt Inc and what are their salaries?
The average compensation at The Congressional Medal Of Honor Museum Fdt Inc during 2024 was $163,070. There are 7 employees and 40 volunteers at The Congressional Medal Of Honor Museum Fdt Inc.
Here are 23 key members and their salaries (The Congressional Medal Of Honor Museum Fdt Inc's CEO's salary is $276,885 and their total compensation is $276,885):
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Official website here: www.mohcenterforleadership.org
Where can I find the form 990 for The Congressional Medal Of Honor Museum Fdt Inc?
The Congressional Medal Of Honor Museum Fdt Inc's most recent form 990 was submitted in 2024 and can be accessed here.
Official website here: www.mohcenterforleadership.org
Learn more at the official website: www.mohcenterforleadership.org
Mission Statement of The Congressional Medal Of Honor Museum Fdt Inc
The Congressional Medal of Honor Museum FDT is an organization with a mission to secure funding for the construction and establishment of a significant educational facility. This facility, known as the National Medal of Honor Leadership and Education Center, is designed to serve as a hub for fostering leadership skills and imparting knowledge. The nonprofit, through its programs, is actively working towards bringing this center to life, with the location set in Mt Pleasant, SC. The center's purpose is to honor and celebrate the courage, sacrifice, and leadership demonstrated by the recipients of the Medal of Honor, the United States' highest military decoration. By establishing this center, The Congressional Medal of Honor Museum FDT aims to inspire future generations and promote a deeper understanding of the values that underpin these heroes' actions.
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Impact
July, 2024
The Congressional Medal of Honor Museum Fdt Inc's impact lies in its mission to raise funding for the construction and establishment of the National Medal of Honor Leadership and Education Center. By focusing on designing a center located in Mt. Pleasant, SC, this organization aims to honor and educate on the values of courage, sacrifice, and leadership exemplified by recipients of the Congressional Medal of Honor. Through their philanthropic efforts, they seek to create a lasting legacy that honors the bravery and heroism of those who have received this prestigious award.
This information is meant to be a general summary of The Congressional Medal Of Honor Museum Fdt 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: $121,704
- Gross Receipts: $1,966,991
Assets and Liabilities:
- Total Assets: $3,691,654
- Total Liabilities: $2,665,779
- Net Assets: $1,025,875
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Organization Details
Founding Year
2014
Principal Officer
Tom Mundell
NTEE Category
Code: T12 - Philanthropy
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