Overview
What is Lrafb Historical Foundation Inc?
The Lrafb Historical Foundation Inc, located in the community surrounding Little Rock Air Force Base, is a dedicated nonprofit organization. Their primary objective is to safeguard the historical legacy of the base and related military artifacts. To achieve this, they establish a museum of military history, serving as a showcase for these priceless items. The foundation's mission is to educate and engage the community in understanding the rich military history of the area, preserving it for future generations.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 76%, Three-Star out of Four Star rating.
Lrafb Historical Foundation Inc received a 76% score from Charity Navigator, indicating a solid performance in accountability and finance. The rating reflects the organization's commitment to transparency, as evidenced by its 100% independent board members and the absence of material diversion of assets. The foundation's program expense ratio stands at 100%, suggesting that all funds are used for its intended purposes.
Despite these strengths, there are notable areas for improvement. The organization has missing policies regarding conflict of interest, whistleblowing, and document retention and destruction, which received zero points in those categories. These shortcomings could raise concerns about governance practices and overall operational transparency.
Overall, while the Lrafb Historical Foundation Inc shows commendable accountability in certain aspects, enhancing its governance policies would strengthen its overall rating and public trust. The foundation's financial health appears robust, but addressing governance deficiencies is essential for long-term sustainability.
This AI summary has been generated from information found on Charity Navigator.
Is Lrafb Historical Foundation Inc legitimate?
Lrafb Historical Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Lrafb Historical 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:
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Professional Fundraising Fees: $0
Other Salaries and Wages: $54,719
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What is the mission statement of Lrafb Historical Foundation Inc?
The Lrafb Historical Foundation Inc, dedicated to preserving military history, aims to safeguard the legacy of the Little Rock Air Force Base and related artifacts. By establishing a museum of military history, their mission is to serve the surrounding community by showcasing these historical items, thereby promoting an appreciation and understanding of military history. The foundation's activities mainly focus on providing a physical space for the exhibition and preservation of these priceless artifacts, contributing to the community's historical knowledge and education.
Who is the CEO of Lrafb Historical Foundation Inc?
Unavailable
What is the revenue of Lrafb Historical Foundation Inc?
Lrafb Historical Foundation Inc's revenue in 2022 was $180,031.
Who are the executives of Lrafb Historical Foundation Inc and what are their salaries?
The average compensation at Lrafb Historical Foundation Inc during 2022 was $27,360. There are 2 employees at Lrafb Historical Foundation Inc.
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Where can I find the form 990 for Lrafb Historical Foundation Inc?
Lrafb Historical Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Lrafb Historical Foundation Inc
The Lrafb Historical Foundation, a renowned nonprofit organization, is dedicated to preserving the heritage of the Little Rock Air Force Base and related military historical artifacts for the surrounding community. Their mission is twofold: firstly, they aim to establish a museum of military history, serving as a repository for these valuable items. Secondly, they strive to make these artifacts accessible to the community, providing a place of exhibition where individuals can learn and appreciate the rich military history. By fulfilling this mission, the Lrafb Historical Foundation contributes significantly to the understanding and appreciation of military history, fostering a sense of pride and connection to the past for the community at large.
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Impact
October, 2024
Lrafb Historical Foundation Inc plays a crucial role in preserving and showcasing the military heritage of the Little Rock Air Force Base. By providing a dedicated museum for military history, it serves as an important cultural resource for the Jacksonville, AR community. This foundation curates a collection of significant military artifacts, offering a space for education and reflection on the contributions and sacrifices made by service members. Through its exhibits, the foundation fosters a deeper understanding of military history, connecting the community with its past and honoring those who have served. Its commitment to preservation not only enriches the local culture but also inspires respect and appreciation for the armed forces among residents and visitors alike.
This information is meant to be a general summary of Lrafb Historical 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: $358
- Gross Receipts: $180,031
Assets and Liabilities:
- Total Assets: $758,417
- Total Liabilities: $120,094
- Net Assets: $638,323
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Organization Details
Founding Year
2019
Main Address
100 VETERANS CIRCLE, JACKSONVILLE, AR, 72076
NTEE Category
Code: A50Z - Arts
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