Overview
What is Waynesboro Heritage Foundation Inc?
Waynesboro Heritage Foundation Inc, located in Waynesboro, Virginia, is a dedicated nonprofit organization. Their primary aim is to safeguard and honor the town's history and heritage, doing so through engaging exhibitions and educational programs. By offering a dynamic space, they ensure that the community's history is continually preserved and celebrated for future generations. The foundation's mission is to provide a sustainable platform where Waynesboro's legacy can thrive, fostering a sense of pride and continuity for its residents.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 1 Star
Waynesboro Heritage Foundation Inc has received a One-Star out of Four Star rating from Charity Navigator, reflecting a score of 50%. This rating indicates significant concerns regarding the nonprofit's governance and financial transparency. The foundation's accountability score highlights a lack of independent board members and missing key policies, which are essential for maintaining the integrity and trustworthiness of the organization.
One positive aspect noted is the organization’s strong program expense ratio of 100%, suggesting that all of its expenses are directed towards its programs. Additionally, the organization shows a very low liabilities to assets ratio of 0.14%, indicating good financial stability. However, the absence of critical governance policies, such as conflict of interest and whistleblower protections, raises serious concerns about oversight and accountability.
Overall, while the Waynesboro Heritage Foundation Inc is effectively utilizing its resources for its programs, the significant gaps in governance and transparency require attention for the organization to improve its standing and build trust with stakeholders.
This AI summary has been generated from information found on Charity Navigator.
Is Waynesboro Heritage Foundation Inc legitimate?
Waynesboro Heritage Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Waynesboro Heritage 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: $28,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $17,565
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What is the mission statement of Waynesboro Heritage Foundation Inc?
The Waynesboro Heritage Foundation Inc's mission is to establish a sustainable platform for preserving and celebrating the area's history for future generations. This is achieved through various means, including changing exhibitions and educational programs. The organization's primary objective is to perpetuate the history and heritage of Waynesboro, Virginia, ensuring it remains a vital part of the community's collective memory and identity. By offering engaging exhibitions and educational programs, the Foundation encourages a deeper appreciation and understanding of the past, fostering a sense of continuity and shared identity within the community.
Who is the CEO of Waynesboro Heritage Foundation Inc?
Walter Wilson is the President of Waynesboro Heritage Foundation Inc.
What is the revenue of Waynesboro Heritage Foundation Inc?
Waynesboro Heritage Foundation Inc's revenue in 2022 was $63,962.
Who are the executives of Waynesboro Heritage Foundation Inc and what are their salaries?
Here are 8 key members and their salaries:
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Where can I find the form 990 for Waynesboro Heritage Foundation Inc?
Waynesboro Heritage Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Waynesboro Heritage Foundation Inc
Waynesboro Heritage Foundation Inc is committed to preserving and celebrating the history of its community for future generations. This nonprofit organization strives to provide a viable space where the rich heritage of Waynesboro, Virginia can be showcased and appreciated. Through changing exhibitions and educational programs, the Foundation aims to perpetuate the area's history, ensuring that it endures and remains a source of pride and learning for generations to come.
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Impact
August, 2024
Waynesboro Heritage Foundation Inc plays a vital role in preserving and celebrating the history and heritage of Waynesboro, Virginia. Through its commitment to the preservation, exhibition, and perpetuation of Waynesboro's history, this organization ensures that the community has a viable place where its rich heritage can be cherished for generations to come. By offering changing exhibitions and educational programs, Waynesboro Heritage Foundation Inc actively engages the community in learning about and appreciating the historical significance of the city. Its impact extends beyond just preservation, fostering a deeper connection to the arts and cultural identity of Waynesboro.
This information is meant to be a general summary of Waynesboro Heritage 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.
- Investment Income: $43,179
- Program Service Revenue: $6,200
- Gross Receipts: $55,210
Assets and Liabilities:
- Total Assets: $1,089,609
- Total Liabilities: $802
- Net Assets: $1,088,807
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
MEMBERSHIP DUES & ASSESSM
Revenue
$6,200
Organization Details
Phone
(540) 943-3943Principal Officer
Walter Wilson
Main Address
PO BOX 517, WAYNESBORO, VA, 22980
NTEE Category
Code: A50 - Arts
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