Overview
What is Arkansas Black Hall Of Fame Foundat?
The Arkansas Black Hall of Fame Foundation, situated at 21 Bascom Place, Little Rock, AR 72223, is a dedicated nonprofit organization. Its primary mission is to recognize and honor Arkansas organizations that significantly impact their communities. The foundation aims to foster African American awareness, celebrating Arkansans who have made significant contributions to society. Through grant awards, this nonprofit organization aims to uplift and support the achievements of these individuals and organizations.
Official website here: www.arblackhalloffame.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 83% (Three-Star out of Four Star rating)
The Arkansas Black Hall Of Fame Foundation has received an 83% rating from Charity Navigator, indicating a solid performance in accountability and finance. This rating reflects strong governance practices, including an entirely independent board and no material diversion of assets, which contributes to a trustful environment for donors and stakeholders.
The organization excels with a program expense ratio of 92.86%, demonstrating that a significant portion of its budget is directed towards its programs and mission. It also complies well with transparency measures, having listed its website on the tax form and maintaining documented board meeting minutes. However, it lacks a whistleblower policy and a document retention and destruction policy, which could be areas for future improvement to enhance its governance.
Overall, the Arkansas Black Hall Of Fame Foundation showcases strong financial health and governance, making it a potentially reliable option for donors looking to support its mission. Despite some policy gaps, its high program expense ratio reflects a commitment to effectively utilizing funds for its core activities.
This AI summary has been generated from information found on Charity Navigator.
Is Arkansas Black Hall Of Fame Foundat legitimate?
Arkansas Black Hall Of Fame Foundat is a legitimate nonprofit organization registered as a 501(c)(3) entity. Arkansas Black Hall Of Fame Foundat 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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Official website here: www.arblackhalloffame.org
What is the mission statement of Arkansas Black Hall Of Fame Foundat?
The Arkansas Black Hall of Fame Foundation's mission is to foster awareness about significant contributions made by African Americans within society. This is achieved by recognizing and honoring organizations in Arkansas that are making a positive impact in their communities. The foundation serves as a platform to highlight these achievements, promoting understanding and appreciation for the impactful roles played by African Americans in various fields. These efforts aim to inspire future generations and celebrate the rich cultural heritage of the African American community.
Official website here: www.arblackhalloffame.org
Who is the CEO of Arkansas Black Hall Of Fame Foundat?
Ventrell Thompson is the Treasurer of Arkansas Black Hall Of Fame Foundat.
Official website here: www.arblackhalloffame.org
What is the revenue of Arkansas Black Hall Of Fame Foundat?
Arkansas Black Hall Of Fame Foundat's revenue in 2022 was $68,458.
Official website here: www.arblackhalloffame.org
Who are the executives of Arkansas Black Hall Of Fame Foundat and what are their salaries?
There 15 volunteers at Arkansas Black Hall Of Fame Foundat.
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Official website here: www.arblackhalloffame.org
Where can I find the form 990 for Arkansas Black Hall Of Fame Foundat?
Arkansas Black Hall Of Fame Foundat's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.arblackhalloffame.org
Learn more at the official website: www.arblackhalloffame.org
Mission Statement of Arkansas Black Hall Of Fame Foundat
The Arkansas Black Hall of Fame Foundation is committed to spreading awareness about Arkansans of African American descent who have significantly contributed to society. By acknowledging these individuals, the foundation aims to promote understanding and appreciation for their impactful contributions. Furthermore, the organization offers recognition and grant awards to Arkansas organizations that are making a positive difference in their communities throughout the state.
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Impact
August, 2024
The impact of the Arkansas Black Hall of Fame Foundation is significant in raising awareness of African Americans in Arkansas who have made important contributions to society. By recognizing and granting awards to Arkansas organizations that are making a difference in communities across the state, the foundation plays a key role in highlighting the achievements and contributions of African Americans in various fields. Through its mission to provide awareness and recognition, the foundation contributes to promoting diversity and inclusion while honoring the cultural and historical significance of African Americans in Arkansas.
This information is meant to be a general summary of Arkansas Black Hall Of Fame Foundat. 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.
- Gross Receipts: $231,684
Assets and Liabilities:
- Total Assets: $232,610
- Total Liabilities: $3,500
- Net Assets: $229,110
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Organization Details
Founding Year
2003
Principal Officer
Ventrell Thompson
Main Address
21 BASCOM PLACE, LITTLE ROCK, AR, 72223
Website
www.arblackhalloffame.orgNTEE Category
Code: A84 - Arts
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