Boyd Tavern Foundation

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

EIN: 541411256 ✦ Boydton, VA ✦ Designated as a 501(c)(3)

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Overview

What is Boyd Tavern Foundation?

The Boyd Tavern Foundation is a nonprofit organization based in Boydtown, Virginia. Its primary focus is on the restoration of the Boyd Tavern, a renowned historic landmark in the town. Beyond this, the foundation also contributes to public education by disseminating information about the historical significance of the area surrounding Boydtown. By taking on these tasks, the Boyd Tavern Foundation aims to preserve and celebrate the region's rich heritage.


Official website here: www.boydtavern.com

What are the reviews and ratings of this charity?

Charity Navigator Rating: 76%, Three-Star out of Four Star rating. The Boyd Tavern Foundation has received a moderately positive score, indicating acceptable performance in accountability and finance. The foundation’s rating is primarily based on its strong practices related to board independence and financial health, with the absence of material diversion of assets and a favorable liabilities-to-assets ratio.

The foundation's strengths include having a fully independent board and a high program expense ratio, demonstrating a commitment to directing funds toward its mission. However, the organization has notable weaknesses, particularly in governance policies. The absence of a conflict of interest policy, a whistleblower policy, and a document retention and destruction policy raises concerns about its adherence to best practices for transparency and accountability.

While the Boyd Tavern Foundation demonstrates strong financial management and an independent governance structure, the lack of essential policies may limit its overall effectiveness and public trust. Addressing these policy gaps could enhance its rating and further solidify its standing as a responsible nonprofit.


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

Is Boyd Tavern Foundation legitimate?

Boyd Tavern Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Boyd Tavern 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.boydtavern.com

What is the mission statement of Boyd Tavern Foundation?

The Boyd Tavern Foundation's mission is centered around the restoration of a local historic landmark, the Boyd Tavern. Beyond this, the organization also focuses on disseminating educational materials that highlight the historic significance of the area surrounding the community. The foundation is currently engaged in the restoration process of the Boyd Tavern, which holds historical importance in its respective town. The objective of distributing educational materials aims to increase public understanding and appreciation of the location's rich historical background.


Official website here: www.boydtavern.com

Who is the CEO of Boyd Tavern Foundation?

Robin Boyd Rawles is the President of Boyd Tavern Foundation.


Official website here: www.boydtavern.com

What is the revenue of Boyd Tavern Foundation?

Boyd Tavern Foundation's revenue in 2022 was $35,982.


Official website here: www.boydtavern.com

Who are the executives of Boyd Tavern Foundation and what are their salaries?


Here are 11 key members and their salaries:


Elizabeth B Gielow (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Carolyn K Hite (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jane Lipscomb (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Helen H Masingill (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Linwood Norman (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mary Boyd Oettinger (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Alexander B Rawles (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Robin Boyd Rawles (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Charles P Reamy (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dr Randall S Suslick (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Harrison Taylor (Vice Preside)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.boydtavern.com

Where can I find the form 990 for Boyd Tavern Foundation?

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


Official website here: www.boydtavern.com

Learn more at the official website: www.boydtavern.com

Mission Statement of Boyd Tavern Foundation

The Boyd Tavern Foundation, a nonprofit organization, is dedicated to the restoration of a significant historical landmark in its surrounding community. This local icon, known as Boyd Tavern, holds a rich history and the foundation aims to preserve its integrity. In addition to its restoration efforts, the Boyd Tavern Foundation disseminates educational material that highlights the historic significance of the area. By doing so, the foundation contributes to the preservation of the community's past and fosters an appreciation for its history.

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Impact




August, 2024

Boyd Tavern Foundation's impact lies in the preservation and restoration of the Boyd Tavern, a local historic landmark in Boydton, Virginia. In addition to the physical restoration efforts, the foundation also distributes educational material related to the historic significance of the area surrounding the community of Boydton. This dual focus on preservation and education serves to maintain the cultural heritage of the town and enrich the community's understanding of its history.




This information is meant to be a general summary of Boyd Tavern 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
$35,982 (2022)
Expenses
$42,897 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $12
  • Gross Receipts: $48,290

Assets and Liabilities:

  • Total Assets: $503,390
  • Total Liabilities: $0
  • Net Assets: $503,390

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Organization Details

Founding Year

1987

Principal Officer

Robin Boyd Rawles

Main Address

PO BOX 183, BOYDTON, VA, 23917

NTEE Category

Code: A80 - Arts

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