The Mineralogical Record

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

EIN: 520910349 ✦ Tucson, AZ ✦ Designated as a 501(c)(3)

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Overview

What is The Mineralogical Record?

The Mineralogical Record is a distinguished, nonprofit organization situated in Tucson, Arizona. Known for its commitment to mineral collecting, the organization publishes a highly regarded journal titled "The Mineralogical Record Magazine" six times annually. This publication is recognized globally as the most authoritative and respected source for mineral collectors. The organization's dedicated team of five individuals contributes to its mission, ensuring the magazine remains a valuable resource for the mineral collecting community.


Official website here: www.mineralogicalrecord.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 81% (Three-Star out of Four Star rating)

The Mineralogical Record has received an overall score of 81%, indicating a solid performance in terms of accountability and finance. This rating is derived solely from their accountability practices, which are crucial for donor trust and organizational transparency. The charity demonstrates a commitment to good governance, with a board consisting of 66% independent members and robust policies in place, such as conflict of interest and whistleblower policies.

Financially, the organization shows commendable strength, evidenced by a 100% program expense ratio, meaning all of their expenses are directed towards their programs. Additionally, there is no material diversion of assets, which points to sound financial management. The liabilities to assets ratio of 37.07% further illustrates their stability, suggesting that they are effectively managing their obligations relative to their resources.

While the charity excels in accountability and has strong financial metrics, the rating reflects a narrow focus since it is based exclusively on one beacon score. Potential donors might desire a more comprehensive overview, including program impact and effectiveness, which are not evaluated in this score. Overall, The Mineralogical Record maintains a respectable rating that underscores its commitment to responsible financial practices.


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

Is The Mineralogical Record legitimate?

The Mineralogical Record is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Mineralogical Record 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: $304,104
Professional Fundraising Fees: $0
Other Salaries and Wages: $103,068

For more financial information, click here


Official website here: www.mineralogicalrecord.org

What is the mission statement of The Mineralogical Record?

The mission of The Mineralogical Record is primarily centered around the publication of its magazine, which serves as the most authoritative and widely respected mineral collectors' journal worldwide. Six times a year, this magazine is released, providing valuable information and insights to its dedicated readership. The journal's influence extends globally, making it a respected voice in the mineral collecting community.


Official website here: www.mineralogicalrecord.org

Who is the CEO of The Mineralogical Record?

Wendell Wilson is the Director of The Mineralogical Record.


Official website here: www.mineralogicalrecord.org

What is the revenue of The Mineralogical Record?

The Mineralogical Record's revenue in 2022 was $1,143,211.


Official website here: www.mineralogicalrecord.org

Who are the executives of The Mineralogical Record and what are their salaries?

The average compensation at The Mineralogical Record during 2022 was $81,434. There are 5 employees at The Mineralogical Record.


Here are 9 key members and their salaries:


Wendell Wilson (Director)
  • Compensation: $127,604
  • Related: $0
  • Other: $0
Thomas M Gressman (Treasurer)
  • Compensation: $91,500
  • Related: $0
  • Other: $0
Christopher Stefano (Director)
  • Compensation: $85,000
  • Related: $0
  • Other: $0
Gail Corpus Spann (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Allan Young (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Stephanie Snyder (Chairperson)
  • Compensation: $0
  • Related: $0
  • Other: $0
Paul Geffner (Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jim Gebel (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Anthony R Kampf (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.mineralogicalrecord.org

Where can I find the form 990 for The Mineralogical Record?

The Mineralogical Record's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.mineralogicalrecord.org

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

Mission Statement of The Mineralogical Record

The Mineralogical Record, a renowned publication, serves as the most authoritative and widely respected mineral collectors' journal in the world. Its primary mission lies in the regular publication of this distinguished magazine six times a year. This periodical plays a pivotal role in the mineral collecting community, providing in-depth information, insights, and perspectives on various mineralogical topics.

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Impact




July, 2024

The Mineralogical Record's impact lies in its role as the most authoritative and widely respected mineral collectors' journal in the world. Through the publication of their magazine six times each year, they provide a platform for in-depth discussions, research, and insights into the world of mineralogy. This has a significant impact on the broader scientific community, promoting knowledge sharing, advancements in research, and fostering a community of mineral collectors and enthusiasts worldwide. The Mineralogical Record contributes to the advancement of science research in the field of mineralogy, making it a valuable resource for professionals and enthusiasts alike.




This information is meant to be a general summary of The Mineralogical Record. 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
$1,143,211 (2022)
Expenses
$526,543 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $4,070
  • Program Service Revenue: $836,541
  • Gross Receipts: $1,143,211

Assets and Liabilities:

  • Total Assets: $2,359,817
  • Total Liabilities: $874,835
  • Net Assets: $1,484,982

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Programs

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

Book Distribution

Revenue

$84,475

Publication of Journal

Revenue

$752,066

Organization Details

Founding Year

1977

Principal Officer

Wendell Wilson

Main Address

5347 N Ridge Spring Pl, Tucson, AZ, 85749

NTEE Category

Code: U03 - Science research

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