Overview
What is Monacan Nation Cultural Foundation Inc?
The Monacan Nation Cultural Foundation Inc, located in Madison Heights, Virginia, is a nonprofit organization with a focus on two primary objectives. Firstly, they operate a food bank to provide nourishment to Monacan Indian individuals who are indigent, elderly, or in need due to a disaster or crisis situation. Secondly, they are dedicated to sharing and preserving the native American culture, history, and education within their community. This is achieved through various initiatives to promote cultural awareness and education among the local population.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 53%, One-Star out of Four Star rating.
The Monacan Nation Cultural Foundation Inc received a low rating of 53%, indicating significant concerns regarding its accountability and financial practices. The organization's score reflects a lack of independent board members and the absence of essential governance policies, such as a conflict of interest policy and a whistleblower policy. These elements are vital for ensuring transparency and ethical management.
On a positive note, the foundation demonstrates a strong commitment to its mission, as evidenced by a high program expense ratio of 97.13%, which suggests that the majority of its expenses are directed towards program services rather than administrative costs. Additionally, the organization has no material diversion of assets, which is a positive indicator of financial integrity.
However, the absence of a publicly accessible website and missing documentation, including tax forms and policies crucial for organizational governance, raises red flags about its operational practices. Overall, while the foundation is effective in its program delivery, there are significant governance and transparency issues that need to be addressed to improve its overall rating and public trust.
This AI summary has been generated from information found on Charity Navigator.
Is Monacan Nation Cultural Foundation Inc legitimate?
Monacan Nation Cultural Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Monacan Nation Cultural Foundation 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: $78,645
Professional Fundraising Fees: $0
Other Salaries and Wages: $106,743
For more financial information, click here
What is the mission statement of Monacan Nation Cultural Foundation Inc?
The Monacan Nation Cultural Foundation Inc's mission is centered around disseminating knowledge about native American culture and history within the community. Their primary objective is to educate and enlighten individuals about this rich heritage. In addition to this, the foundation strives to establish a food bank, providing essential aid to Monacan Indian indigents, the elderly, and those in need during times of disaster or crisis.
Who is the CEO of Monacan Nation Cultural Foundation Inc?
Lindsey Gunter is the Treasurer of Monacan Nation Cultural Foundation Inc.
What is the revenue of Monacan Nation Cultural Foundation Inc?
Monacan Nation Cultural Foundation Inc's revenue in 2022 was $499,935.
Who are the executives of Monacan Nation Cultural Foundation Inc and what are their salaries?
Here are 5 key members and their salaries:
- Compensation: $40,080
- Related: $0
- Other: $0
- Compensation: $30,060
- Related: $0
- Other: $0
- Compensation: $8,505
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Monacan Nation Cultural Foundation Inc?
Monacan Nation Cultural Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Monacan Nation Cultural Foundation Inc
Monacan Nation Cultural Foundation Inc is committed to sharing the rich culture, history, and education of Native Americans with the wider community. This nonprofit organization's mission is centered around educating others about the Native American heritage, fostering understanding and appreciation for this culture. The Foundation plays a significant role in preserving and disseminating this knowledge, thereby fostering a deeper connection between the community and the Native American culture.
One of the ways Monacan Nation Cultural Foundation Inc achieves its mission is by establishing a food bank. This initiative aims to provide food assistance to Monacan Indian indigents, elderly individuals, and those affected by disasters or crises. By offering this essential support, the Foundation ensures that members of the Native American community have access to necessary resources during challenging times, thereby promoting their well-being and resilience. This food bank initiative is a testament to the Foundation's commitment to supporting its community in a holistic manner, incorporating both cultural preservation and material assistance.
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Impact
July, 2024
Monacan Nation Cultural Foundation Inc's impact includes sharing Native American culture, history, and education with the community. They also aim to establish a food bank to distribute food to Monacan Indian indigents, elderly, or disaster/crisis victims. Based in Madison Heights, VA, their mission is to preserve and promote Native American heritage through various initiatives, particularly in the arts.
This information is meant to be a general summary of Monacan Nation Cultural Foundation 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 2022.
- Program Service Revenue: $625
- Gross Receipts: $529,868
Assets and Liabilities:
- Total Assets: $833,599
- Total Liabilities: $6,935
- Net Assets: $826,664
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Rental Income
Revenue
$625
Organization Details
Founding Year
1994
Principal Officer
Lindsey Gunter
Main Address
PO BOX 1136, Madison Heights, VA, 24572
NTEE Category
Code: A230 - Arts
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