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Dinsmore Homestead Foundation Inc

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

EIN: 611111934 ✦ Burlington, KY ✦ Designated as a 501(c)(3)

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Overview

What is Dinsmore Homestead Foundation Inc?

Dinsmore Homestead Foundation Inc is a nonprofit organization based in Burlington, Kentucky. With a primary focus on historical preservation, they are dedicated to safeguarding data, buildings, and land related to the Dinsmore Homestead, a significant historical site in the area. Their mission centres around the preservation of this Kentucky landmark, ensuring its continued relevance and significance for future generations. They operate from a post office box in Burlington, and while specific activities or programs are not detailed in the provided information, it's clear that historical preservation is their core objective.


Official website here: www.dinsmorefarm.org/

What are the reviews and ratings of this charity?

Charity Navigator Rating: Two-Star out of Four Stars (63%)

The Dinsmore Homestead Foundation Inc has been rated as "Needs Improvement" by Charity Navigator, reflecting a low overall score of 63%. This rating is primarily based on its accountability and finance practices. While the foundation boasts a fully independent board and has not experienced material diversion of assets, there are significant gaps in its governance policies, including missing conflict of interest and whistleblower policies.

Despite some positive indicators, such as a favorable liabilities to assets ratio and the presence of board meeting minutes, the foundation's overall accountability score suffers due to the lack of essential policies. Additionally, the absence of important financial documents on its website may lead to concerns regarding transparency. The program expense ratio stands at nearly 60%, suggesting that while the foundation does allocate a substantial portion of its funds to programs, it still falls short in areas necessary for robust governance.

In summary, while the Dinsmore Homestead Foundation Inc demonstrates strengths in board independence and financial health, critical gaps in governance and transparency policies are notable limitations that contribute to its low rating. Addressing these issues will be important for improving its overall accountability and public trust.


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

Is Dinsmore Homestead Foundation Inc legitimate?

Dinsmore Homestead Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Dinsmore Homestead 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: $31,516

For more financial information, click here


Official website here: www.dinsmorefarm.org/

What is the mission statement of Dinsmore Homestead Foundation Inc?

The Dinsmore Homestead Foundation Inc is committed to preserving a significant historical site. Specifically, their mission is centered around the conservation of the Dinsmore Homestead, a historical property located in Kentucky. This conservation effort extends to the research and preservation of associated historical data, buildings, and land. The foundation aims to safeguard this important piece of history for future generations to appreciate and learn from.


Official website here: www.dinsmorefarm.org/

Who is the CEO of Dinsmore Homestead Foundation Inc?

Susan Shuffett is the Board Member of Dinsmore Homestead Foundation Inc.


Official website here: www.dinsmorefarm.org/

What is the revenue of Dinsmore Homestead Foundation Inc?

Dinsmore Homestead Foundation Inc's revenue in 2022 was $56,935.


Official website here: www.dinsmorefarm.org/

Who are the executives of Dinsmore Homestead Foundation Inc and what are their salaries?


Here are 7 key members and their salaries:


Robert Hill (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Stephanie Huhn (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Patricia Raverty (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lori Mcguire (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Susan Shuffett (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dr Barbara Bardes (Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
James Crawford (Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.dinsmorefarm.org/

Where can I find the form 990 for Dinsmore Homestead Foundation Inc?

Dinsmore Homestead Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.dinsmorefarm.org/

Learn more at the official website: www.dinsmorefarm.org/

Mission Statement of Dinsmore Homestead Foundation Inc

The Dinsmore Homestead Foundation Inc is dedicated to preserving a significant historical site, the Dinsmore Homestead, which is located in Kentucky. Their mission encompasses the meticulous research and conservation of historical data, buildings, and land associated with this distinguished historical homestead. By carrying out these tasks, the foundation aims to safeguard and honor the rich history that the Dinsmore Homestead represents.

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Impact




August, 2024

Dinsmore Homestead Foundation Inc's impact can be seen in its dedicated efforts in preserving the Dinsmore Homestead, a significant Kentucky historical site. Through its focus on researching and preserving historical data, buildings, and land related to the homestead in Burlington, KY, the foundation plays a crucial role in safeguarding this important piece of local history. By actively working towards the mission of preserving the Dinsmore Homestead, Dinsmore Homestead Foundation Inc contributes to the cultural enrichment and historical awareness of the community, further highlighting the importance of the arts and heritage in society.




This information is meant to be a general summary of Dinsmore Homestead 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.

Revenue
$56,935 (2022)
Expenses
$86,040 (2022)
Efficiency

Other financial information:

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

  • Investment Income: -$3,711
  • Program Service Revenue: $21,390
  • Gross Receipts: $307,041

Assets and Liabilities:

  • Total Assets: $1,400,579
  • Total Liabilities: $0
  • Net Assets: $1,400,579

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

DERBY DAY

Revenue

$6,905

SITE RENTAL

Revenue

$4,200

DAY CAMP

Revenue

$3,972

ADMISSIONS

Revenue

$2,486

SCHOOL PROGRAMS

Revenue

$2,424

Organization Details

Founding Year

1986

Principal Officer

Susan Shuffett

Main Address

P O BOX 453, BURLINGTON, KY, 41005

NTEE Category

Code: A82Z - Arts

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