Overview
What is Waterford Wisp Incorporated?
Waterford Wisp Incorporated is a nonprofit organization situated in Waterford, Virginia, with a specific postal address. Its primary role is to serve as a supporting entity for the Waterford Foundation, Inc., a publicly supported 501c3 organization. The organization's mission revolves around providing both volunteer and financial assistance to the Waterford Foundation, which is dedicated to the historic preservation of Waterford, Virginia, a renowned historic village. The aim is to contribute to the conservation of this significant cultural heritage.
Official website here: www.waterfordwisp.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 83%
Waterford Wisp Incorporated has received a Three-Star out of Four Star rating from Charity Navigator, based on an overall score of 83%. This score is derived entirely from the Accountability & Finance beacon, which indicates the organization’s commitment to financial transparency and sound management practices. The high level of accountability is a strong indicator of the charity's responsible use of donations.
One of the key strengths highlighted in the rating is the organization’s independent board governance, with 100% of board members being independent. Additionally, there were no reported material diversions of assets, and the organization has a solid program expense ratio of 97.52%, reflecting that the vast majority of its expenditures are directed toward its programs and mission. The presence of documented board meeting minutes and established conflict of interest policies further enhances its credibility.
However, it is worth noting that while the organization has a strong accountability framework, it is lacking a whistleblower policy, which could be a limitation in terms of internal governance practices. This absence may present potential concerns regarding protections for individuals reporting misconduct. Overall, Waterford Wisp Incorporated demonstrates a solid commitment to financial integrity and effective governance.
This AI summary has been generated from information found on Charity Navigator.
Is Waterford Wisp Incorporated legitimate?
Waterford Wisp Incorporated is a legitimate nonprofit organization registered as a 501(c)(3) entity. Waterford Wisp Incorporated 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.waterfordwisp.org
What is the mission statement of Waterford Wisp Incorporated?
Waterford Wisp Incorporated serves as a supporting organization for the Waterford Foundation Inc., a publicly recognized non-profit organization under Section 501c3. The mission of Waterford Wisp Incorporated is to offer both financial and volunteer assistance to the Waterford Foundation. The primary objective of the Waterford Foundation is the preservation of Waterford, a historically significant village. By providing financial support to the Waterford Foundation, Waterford Wisp Incorporated contributes to the conservation of this historical heritage. The organization's role in supporting the Waterford Foundation ensures the preservation of historical sites and the maintenance of Waterford's rich history.
Official website here: www.waterfordwisp.org
Who is the CEO of Waterford Wisp Incorporated?
A Bruce Cleveland is the Treasurer Director of Waterford Wisp Incorporated.
Official website here: www.waterfordwisp.org
What is the revenue of Waterford Wisp Incorporated?
Waterford Wisp Incorporated's revenue in 2022 was $0.
Official website here: www.waterfordwisp.org
Who are the executives of Waterford Wisp Incorporated and what are their salaries?
Here are 3 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.waterfordwisp.org
Where can I find the form 990 for Waterford Wisp Incorporated?
Waterford Wisp Incorporated's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.waterfordwisp.org
Learn more at the official website: www.waterfordwisp.org
Mission Statement of Waterford Wisp Incorporated
Waterford Wisp Incorporated serves as a backing organization for the Waterford Foundation, a publicly recognized Section 501c3 entity. Its primary mission is to provide both financial and volunteer support to this foundation. The Waterford Foundation, in turn, is dedicated to preserving the historical heritage of Waterford, a notable village. By offering monetary aid and volunteer work, Waterford Wisp Incorporated plays a significant role in ensuring the long-term conservation and maintenance of this historical site.
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Impact
October, 2024
Waterford Wisp Incorporated plays a vital role in the preservation of the historic village of Waterford, Virginia. Through its annual cash grants to the Waterford Foundation, it bolsters efforts to maintain and promote the village’s rich history and cultural heritage. By providing both volunteer and financial support, Waterford Wisp helps ensure that the unique arts and historical narratives of the area are preserved for future generations. This impact fosters community engagement and enhances the cultural landscape of Waterford, making it a significant player in local historic preservation initiatives.
This information is meant to be a general summary of Waterford Wisp Incorporated. 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.
Assets and Liabilities:
- Total Assets: $8,601
- Total Liabilities: $0
- Net Assets: $8,601
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Organization Details
Founding Year
2003
Phone
(540) 882-4911Principal Officer
A Bruce Cleveland
Main Address
15479 Second Street PO Box 303, WATERFORD, VA, 20197
Website
www.waterfordwisp.orgNTEE Category
Code: A11 - Arts
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