Overview
What is The Historic Preservation Foundation Of North Carolina Inc?
The Historic Preservation Foundation of North Carolina Inc. is a nonprofit organization situated in Raleigh, North Carolina. With a team of 25 dedicated individuals, their primary focus is on preserving buildings and sites of historical or architectural significance. Their mission involves expenses related to the acquisition, sale, and operation of these historical properties, ensuring they are well-maintained and continue to hold their historical value. Their activities contribute significantly to the preservation of North Carolina's rich cultural heritage.
Official website here: www.presnc.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 93%, Four-Star out of Four Star rating
The Historic Preservation Foundation Of North Carolina Inc has achieved a high rating of 93%, indicating strong performance in both accountability and finance as well as culture and community. The foundation's accountability and finance score is 92%, reflecting a solid management of finances, with a low liabilities to assets ratio of 11.47% and a significant program expense ratio of 84.34%. These figures suggest that the majority of their expenses are allocated towards their programming efforts.
The organization boasts a fully independent board, with 100% of its members meeting this criterion, and has established comprehensive policies such as conflict of interest and whistleblower policies. Furthermore, the foundation excels in transparency, evidenced by its documented board meeting minutes and effective feedback collection practices. These strengths contribute to the foundation's robust reputation in the nonprofit sector.
While the foundation's focus on accountability and community engagement is commendable, the limited weight given to culture and community (7%) suggests there may be opportunities for further outreach and connection with the community it serves. Overall, The Historic Preservation Foundation Of North Carolina Inc stands out as a well-managed organization dedicated to its mission.
This AI summary has been generated from information found on Charity Navigator.
Is The Historic Preservation Foundation Of North Carolina Inc legitimate?
The Historic Preservation Foundation Of North Carolina Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Historic Preservation Foundation Of North Carolina 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: $87,439
Professional Fundraising Fees: $0
Other Salaries and Wages: $739,369
For more financial information, click here
Official website here: www.presnc.org
What is the mission statement of The Historic Preservation Foundation Of North Carolina Inc?
The Historic Preservation Foundation of North Carolina Inc's mission is centered around preserving structures and sites of historical or architectural significance. Their primary goal is to safeguard these valuable assets for future generations. This involves managing expenses related to acquiring, selling, and operating historic properties. Their activities aim to protect and promote the cultural heritage and history that these sites represent.
Official website here: www.presnc.org
What is the revenue of The Historic Preservation Foundation Of North Carolina Inc?
The Historic Preservation Foundation Of North Carolina Inc's revenue in 2022 was $1,741,877.
Official website here: www.presnc.org
Who are the executives of The Historic Preservation Foundation Of North Carolina Inc and what are their salaries?
The average compensation at The Historic Preservation Foundation Of North Carolina Inc during 2022 was $33,072. There are 25 employees and 86 volunteers at The Historic Preservation Foundation Of North Carolina Inc.
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Official website here: www.presnc.org
Where can I find the form 990 for The Historic Preservation Foundation Of North Carolina Inc?
The Historic Preservation Foundation Of North Carolina Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.presnc.org
Learn more at the official website: www.presnc.org
Mission Statement of The Historic Preservation Foundation Of North Carolina Inc
The Historic Preservation Foundation of North Carolina Inc is dedicated to preserving buildings and sites of historical or architectural significance. This nonprofit organization's mission is centered around the protection and conservation of these valuable historical landmarks. Through various activities, the foundation aims to ensure that these buildings and sites continue to stand as a testament to the past, offering future generations a glimpse into the rich history and cultural heritage of North Carolina. The foundation's work involves managing the expenses associated with the acquisition, maintenance, and operation of these historic properties. By preserving these sites, the Historic Preservation Foundation of North Carolina Inc contributes to the preservation of the nation's history and promotes a sense of cultural pride and appreciation for the past.
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Impact
July, 2024
The Historic Preservation Foundation Of North Carolina Inc plays a crucial role in preserving buildings and sites of historical or architectural importance in North Carolina. By focusing on the acquisition, sale, and operation of historic properties, the foundation ensures that these valuable pieces of the state's heritage are maintained and made accessible to the public. Through its efforts, the foundation contributes to the cultural richness of North Carolina and helps future generations connect with the past.
This information is meant to be a general summary of The Historic Preservation Foundation Of North Carolina 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: $107,579
- Program Service Revenue: $696,111
- Gross Receipts: $1,924,815
Assets and Liabilities:
- Total Assets: $8,512,083
- Total Liabilities: $976,710
- Net Assets: $7,535,373
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PROGRAM ACTIVITIES
Revenue
$366,394
ADMISSIONS
Revenue
$221,898
MERCHANDISE SALES
Revenue
$55,813
FACILITIES RENTAL
Revenue
$52,006
Organization Details
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