Overview
What is The Victory Ship Inc?
The Victory Ship Inc is a nonprofit organization dedicated to preserving a significant piece of military history. They have meticulously restored and transformed the USS American Victory, a military transport ship, into a functioning memorial. This ship, constructed in an impressive 55 days, was delivered to the US War Shipping Administration in 1945. The nonprofit's mission extends beyond preservation, as they also aim to educate the public about its historical significance. The USS American Victory serves as a museum, providing an immersive experience that honors the individuals who served their country during this time.
Official website here: www.americanvictory.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 69%, Two-Star out of Four Star rating. The Victory Ship Inc has achieved a moderate rating, reflecting some areas of strength alongside significant weaknesses. The organization demonstrates strong governance practices, with an independent board and a low liabilities-to-assets ratio, indicating financial stability. However, the financial statements and transparency aspects present major concerns, as evidenced by a lack of posted financial information and policy documentation.
The charity's Program Expense Ratio of 89.32% suggests that a substantial portion of its budget is directed towards its programs rather than administrative costs, which is a positive sign for donors regarding programmatic effectiveness. Nonetheless, the absence of key governance policies, such as conflict of interest and whistleblower protections, raises questions about accountability and ethical oversight within the organization.
In summary, while The Victory Ship Inc shows promise through its operational focus and board independence, the lack of transparency in financial reporting and governance policies limits its overall effectiveness and trustworthiness as a nonprofit. Donors should weigh these factors carefully when considering support for the organization.
This AI summary has been generated from information found on Charity Navigator.
Is The Victory Ship Inc legitimate?
The Victory Ship Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Victory Ship 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.americanvictory.org
What is the mission statement of The Victory Ship Inc?
The Victory Ship Inc's mission is centered around preserving a military transport vessel, the SS American Victory, as a tribute to the individuals who served the country during wartime. This historic ship, constructed in an impressive 55 days, was delivered to the US War Shipping Administration on May 24, 1945. The organization's primary goal is to transform the ship into a functioning memorial, honoring those who served, while also serving as an educational museum for the public. The aim is to educate visitors about the significance of this period in history, thereby promoting historical awareness and appreciation.
Official website here: www.americanvictory.org
What is the revenue of The Victory Ship Inc?
The Victory Ship Inc's revenue in 2023 was $730,373.
Official website here: www.americanvictory.org
Who are the executives of The Victory Ship Inc and what are their salaries?
There 117 volunteers at The Victory Ship Inc.
Here are 11 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.americanvictory.org
Where can I find the form 990 for The Victory Ship Inc?
The Victory Ship Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.americanvictory.org
Learn more at the official website: www.americanvictory.org
Mission Statement of The Victory Ship Inc
The Victory Ship Inc, with its focus on preservation, transforms the military transport ship, SS American Victory, into a powerful memorial. This historic vessel, constructed in just 55 days, was delivered to the US War Shipping Administration on May 24, 1945. The organization's mission is twofold: firstly, to honor the individuals who served this nation with dedication; secondly, to function as a museum, providing educational opportunities for the general public. By preserving the SS American Victory, The Victory Ship Inc ensures that future generations can appreciate the sacrifices made during a critical period in history. Through its work, the organization encourages understanding and remembrance, paying tribute to the valor and resilience of those who served their country.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
July, 2024
The Victory Ship Inc's impact lies in its preservation of the SS American Victory, a historic military transport ship, as a working memorial to honor those who served their country. This organization also serves as a museum to educate the public about the ship's role in history. The SS American Victory was built in an impressive 55 days and delivered to the US War Shipping Administration on May 24, 1945. Through its efforts, The Victory Ship Inc ensures that the legacy of this important vessel and the veterans it represents are remembered and honored.
This information is meant to be a general summary of The Victory Ship 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 2023.
- Program Service Revenue: $593,911
- Gross Receipts: $957,109
Assets and Liabilities:
- Total Assets: $2,253,041
- Total Liabilities: $155,263
- Net Assets: $2,097,778
Want to help this charity, for free? You can click here to learn more about Give Freely
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
ADMISSIONS & TRAINING CLASSES
Revenue
$593,911
Organization Details
Founding Year
1998
Principal Officer
William J Kuzmick
Website
www.americanvictory.orgNTEE Category
Code: A540 - Arts
If you are a representative of The Victory Ship Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.