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Randolph Heritage Conservancy Inc

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 561908091 ✦ Franklinville, NC ✦ Designated as a 501(c)(3)

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Overview

What is Randolph Heritage Conservancy Inc?

Randolph Heritage Conservancy Inc is a nonprofit organization based in Franklinville, North Carolina, with an address at 724 WEST MAIN ST. This organization has been chosen by the American Textile History Museum to safeguard its extensive American Textile Machinery Collection, following the museum's closure and asset liquidation. The conservancy is currently restoring and renovating a disused textile factory and adjacent property to transform it into a museum showcasing textile artifacts and machinery. This collection is a significant representation of American mechanical engineering, designated as such by the ASME, and its preservation holds national significance. The organization's mission is to protect the historical, cultural, natural, scenic, and recreational resources of the Deep River region of North Carolina while preserving, exhibiting, and interpreting the rich history of the American textile industry and its innovative manufacturing traditions in mechanical engineering.


Official website here: www.randolphheritage.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 76% (Three-Star out of Four Star Rating)

Randolph Heritage Conservancy Inc has received a score of 76%, indicating a solid level of accountability and financial health. The rating is based entirely on their performance in the Accountability & Finance beacon, highlighting the organization's commitment to responsible management of resources and transparent practices.

One of the key strengths of the Conservancy is its governance structure, with a fully independent board of directors, scoring 10 out of 10 in both majority independent board members and size. Additionally, the organization has shown no material diversion of assets, maintaining a clean financial record with a liabilities-to-assets ratio of 0.00%. A high program expense ratio of 95.71% further underscores its focus on delivering value through its programs.

While the overall rating is commendable, it’s essential for potential donors and supporters to consider any additional factors that might not be reflected in this score alone. However, based on the available data, Randolph Heritage Conservancy Inc demonstrates a strong commitment to accountability and effective financial management.


This AI summary has been generated from information found on Charity Navigator.

Is Randolph Heritage Conservancy Inc legitimate?

Randolph Heritage Conservancy Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Randolph Heritage Conservancy 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.randolphheritage.org

What is the mission statement of Randolph Heritage Conservancy Inc?

Randolph Heritage Conservancy Inc is dedicated to preserving the historical, cultural, natural, scenic, and recreational resources of a specific region in North Carolina. The organization also aims to preserve, exhibit, and interpret the history of the American textile industry and its innovative manufacturing and mechanical engineering traditions. The conservancy was chosen by the American Textile History Museum to be the custodian of its American textile machinery collection, a significant landmark of American mechanical engineering. The preservation of this collection is nationally important. Currently, the conservancy is repairing and renovating a defunct textile factory and its adjacent property to serve as a museum showcasing textile artifacts and machinery.


Official website here: www.randolphheritage.org

Who is the CEO of Randolph Heritage Conservancy Inc?

L Mckay Whatley is the Treasurer of Randolph Heritage Conservancy Inc.


Official website here: www.randolphheritage.org

What is the revenue of Randolph Heritage Conservancy Inc?

Randolph Heritage Conservancy Inc's revenue in 2022 was $1,064,238.


Official website here: www.randolphheritage.org

Who are the executives of Randolph Heritage Conservancy Inc and what are their salaries?

There 20 volunteers at Randolph Heritage Conservancy Inc.


Here are 5 key members and their salaries:


Mark Christian (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Warren Dixon (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Evan Morrison (Vice Preside)
  • Compensation: $0
  • Related: $0
  • Other: $0
Heather Vuncannon (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
L Mckay Whatley (President)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.randolphheritage.org

Where can I find the form 990 for Randolph Heritage Conservancy Inc?

Randolph Heritage Conservancy Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.randolphheritage.org

Learn more at the official website: www.randolphheritage.org

Mission Statement of Randolph Heritage Conservancy Inc

Randolph Heritage Conservancy Inc is committed to preserving the historical, cultural, natural, scenic, and recreational resources of the Deep River region in North Carolina. The organization's mission extends beyond conservation, as it also aims to preserve, exhibit, and interpret the history of the American textile industry and its innovative manufacturing and mechanical engineering traditions. Randolph Heritage Conservancy Inc has been entrusted with the American Textile History Museum's textile machinery collection, which is a significant landmark of American mechanical engineering, designated by the ASME. The preservation of this collection is nationally important. As part of its mission, Randolph Heritage Conservancy Inc is currently renovating a defunct textile factory and the adjacent property to transform them into a museum showcasing textile artifacts and machinery. This initiative not only preserves the industrial history but also presents an educational opportunity for the public.

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Impact




July, 2024

Randolph Heritage Conservancy Inc's impact lies in the preservation of the Deep River area of North Carolina and the rich history of the Southern textile industry. By safeguarding industrial machinery, artifacts, historic buildings, and open spaces for public education and recreation, the organization plays a pivotal role in honoring the region's heritage.

Furthermore, being entrusted by the American Textile History Museum to be the recipient and custodian of its American textile machinery collection amplifies the organization's significance. This collection is not only a testament to American mechanical engineering but also holds national importance, recognized by the ASME.

Through initiatives like repairing and renovating a defunct textile factory to transform it into a museum showcasing textile artifacts and machinery, Randolph Heritage Conservancy Inc actively contributes to preserving and exhibiting the innovative traditions of the American textile industry. Their dedication to the mission of preserving historic, cultural, natural, scenic, and recreational resources underscores the organization's commitment to enriching the community and celebrating its unique heritage.




This information is meant to be a general summary of Randolph Heritage Conservancy 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.

Revenue
$1,064,238 (2022)
Expenses
$79,555 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $188
  • Gross Receipts: $1,064,238

Assets and Liabilities:

  • Total Assets: $1,404,048
  • Total Liabilities: $1,430
  • Net Assets: $1,402,618

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Organization Details

Founding Year

1994

Principal Officer

L Mckay Whatley

Main Address

724 WEST MAIN ST, FRANKLINVILLE, NC, 27248

NTEE Category

Code: A54 - Arts

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