Overview
What is Uss Saratoga Museum Foundation Inc?
The Uss Saratoga Museum Foundation Inc is a nonprofit organization situated in Providence, Rhode Island, specifically at 37 Cathedral Avenue. Their primary mission is to establish a significant museum/memorial education center and family attraction at Quonset Point, RI. This center aims to serve as a tribute to veterans of all services, educating the public about the sacrifices involved in maintaining freedom. The organization's activities encompass designing and operating an air, land, and sea heritage and technology park, with the additional goal of motivating youth. With a modest workforce of two individuals, the Uss Saratoga Museum Foundation Inc is dedicated to honoring veterans and promoting public education.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 94% (Four-Star out of Four Star Rating)
The Uss Saratoga Museum Foundation Inc has received a commendable Four-Star rating from Charity Navigator, reflecting a strong focus on accountability and finance. The organization scored 94% overall, with its high rating primarily derived from an outstanding accountability and finance score. This indicates that the foundation effectively manages its resources and adheres to stringent financial practices, ensuring transparency and trustworthiness.
Strengths include a fully independent board, with perfect scores in areas such as material diversion of assets and conflict of interest policies. The foundation has demonstrated a commitment to maintaining rigorous governance standards, as evidenced by its compliance with whistleblower policies and document retention practices. Additionally, the program expense ratio stands at an impressive 98.05%, showcasing that the majority of its expenses are directed toward its programs rather than administrative costs.
While the organization’s financial practices are robust, the summary does not highlight any specific limitations or areas for improvement. Overall, the Uss Saratoga Museum Foundation Inc presents a solid choice for donors interested in supporting a nonprofit with a proven track record of financial accountability and effective governance.
This AI summary has been generated from information found on Charity Navigator.
Is Uss Saratoga Museum Foundation Inc legitimate?
Uss Saratoga Museum Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Uss Saratoga Museum 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:
Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $4,668
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What is the mission statement of Uss Saratoga Museum Foundation Inc?
The Uss Saratoga Museum Foundation Inc's mission is to design and operate an educational facility that pays tribute to veterans from various military services. This park aims to serve as a platform to educate the public about the sacrifices made for freedom. Furthermore, it seeks to motivate young people by providing them with insights into the cost of freedom. The foundation's objective is to develop a significant not-for-profit museum, memorial education center, and family attraction.
Who is the CEO of Uss Saratoga Museum Foundation Inc?
Francis Lennon is the President of Uss Saratoga Museum Foundation Inc.
What is the revenue of Uss Saratoga Museum Foundation Inc?
Uss Saratoga Museum Foundation Inc's revenue in 2022 was $32,494.
Who are the executives of Uss Saratoga Museum Foundation Inc and what are their salaries?
The average compensation at Uss Saratoga Museum Foundation Inc during 2022 was $2,334. There are 2 employees and 50 volunteers at Uss Saratoga Museum Foundation Inc.
Here are 5 key members and their salaries:
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Where can I find the form 990 for Uss Saratoga Museum Foundation Inc?
Uss Saratoga Museum Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Uss Saratoga Museum Foundation Inc
The Uss Saratoga Museum Foundation Inc is dedicated to designing and operating an air, land, and sea heritage and technology park. This endeavor aims to honor veterans of all services, educate the public about the cost of freedom, and inspire youth. By establishing this park, the foundation seeks to pay tribute to the courage and sacrifices made by these brave individuals, while simultaneously offering a platform for public education. The ultimate goal is to instill a deep appreciation for the value of freedom and motivate younger generations to uphold its principles.
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Impact
August, 2024
The Uss Saratoga Museum Foundation Inc's impact lies in its efforts to design and operate an air, land, and sea heritage and technology park that honors veterans of all services, educates the public about the cost of freedom, and motivates youth. By continuing work on the project of creating a major not-for-profit museum and memorial education center at Quonset Point, RI, this organization is aiming to preserve history, promote patriotism, and provide a meaningful experience for visitors of all ages. The Foundation's mission to honor veterans, educate the public, and inspire the next generation is reflected in its dedication to creating a unique and engaging family attraction that showcases the rich heritage of our armed forces.
This information is meant to be a general summary of Uss Saratoga Museum 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.
- Program Service Revenue: $24,204
- Gross Receipts: $32,494
Assets and Liabilities:
- Total Assets: $1,410,292
- Total Liabilities: $252,272
- Net Assets: $1,158,020
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Organization Details
Founding Year
1994
Phone
(401) 831-8696Principal Officer
Francis Lennon
Main Address
37 CATHEDRAL AVENUE, PROVIDENCE, RI, 02908
NTEE Category
Code: A115 - Arts
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