Overview
What is Florence Historical Foundation?
The Florence Historical Foundation is a nonprofit organization situated in Omaha, Nebraska. Their primary mission revolves around preserving and showcasing historical sites, specifically the Florence Depot, Florence Bank, Florence Fire Company, and Florence City Hall, for the public's enjoyment. By maintaining and displaying these historical structures, the Foundation plays an essential role in preserving the city's heritage and history, allowing visitors to connect with the past.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 33%, Zero-Star out of Four Star rating.
The Florence Historical Foundation has received a low overall score of 33%, indicating potential concerns regarding its financial accountability and transparency. The rating is solely based on the Accountability & Finance beacon, which highlights that while the organization has a fully independent board with no material diversion of assets and documented board meeting minutes, it lacks essential policies such as conflict of interest, whistleblower, and document retention policies.
Additionally, the organization demonstrates a concerning financial picture with a program expense ratio of only 8.09%, suggesting that a minimal portion of its expenses is directed towards its charitable programs. The liabilities to assets ratio is also reported to be 0.00%, which may indicate financial instability or a lack of clear financial reporting. Overall, while the foundation has strong governance in terms of board independence, its lack of vital policies and low program spending raises significant questions about its operational effectiveness and commitment to its mission.
This AI summary has been generated from information found on Charity Navigator.
Is Florence Historical Foundation legitimate?
Florence Historical Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Florence Historical 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.
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What is the mission statement of Florence Historical Foundation?
The Florence Historical Foundation's mission is to preserve and showcase historic sites, specifically the Florence Depot, Florence Bank, Florence Fire Company, and Florence City Hall, making them accessible to the public. This organization is dedicated to maintaining and exhibiting these historical structures, ensuring they remain a vital part of the community's heritage. Its purpose is to educate and engage the general public, offering them an opportunity to appreciate and learn from the past.
What is the revenue of Florence Historical Foundation?
Florence Historical Foundation's revenue in 2023 was $66,304.
Who are the executives of Florence Historical Foundation and what are their salaries?
There 25 volunteers at Florence Historical Foundation.
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Where can I find the form 990 for Florence Historical Foundation?
Florence Historical Foundation's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Florence Historical Foundation
The Florence Historical Foundation is committed to preserving and showcasing historical landmarks for public appreciation. Specifically, this nonprofit organization focuses on maintaining and displaying the Florence Depot, Florence Bank, Florence Fire Company, and Florence City Hall. By doing so, the Florence Historical Foundation allows the general public to gain insights into the past and appreciate the rich history of these structures. Through its mission, the organization aims to keep these historical buildings in good condition and make them accessible to the community, ensuring that future generations can continue to learn from and be inspired by the past.
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Impact
August, 2024
Florence Historical Foundation plays a vital role in preserving and showcasing the history of Florence, Nebraska. Through its maintenance and display of the historic Florence Depot, Florence Bank, Florence Fire Company, and Florence City Hall, the foundation offers the general public a glimpse into the area's rich heritage. By engaging in these activities, the foundation helps to educate visitors about the past of Florence and contribute to the appreciation of local history.
This information is meant to be a general summary of Florence Historical 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2023.
- Investment Income: $6,173
- Gross Receipts: $127,925
Assets and Liabilities:
- Total Assets: $750,932
- Total Liabilities: $0
- Net Assets: $750,932
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Organization Details
Founding Year
1967
Principal Officer
Nancy Westphalen
NTEE Category
Code: A80 - Arts
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