Overview
What is Mccreary County Heritage Foundation Inc?
Mccreary County Heritage Foundation Inc is a dedicated nonprofit organization based in Stearns, Kentucky. Established with a mission to preserve the rich heritage of McCreary County and offer educational and recreational benefits, the foundation operates the Big South Fork Scenic Railway. This unique train journey takes passengers through the picturesque Big South Fork River Valley, showcasing roaring mountain streams, tunnels, and steep cliff sides, culminating in the Big South Fork National River and Recreation Area. The train stopover at Blue Heron offers visitors a self-guided tour of an abandoned mine, tipple, and surrounding camp houses from 1962. With around 30 employees, this foundation remains committed to preserving and sharing the historical and scenic treasures of McCreary County, attracting both local residents and tourists.
Official website here: www.historicstearns.org
What are the reviews and ratings of this charity?
Rating from Charity Navigator: 58%, One-Star out of Four Star rating.
The Mccreary County Heritage Foundation Inc has received a low rating of 58%, reflecting significant concerns in its accountability and financial practices. Notably, the organization lacks independent board members and has not made its financial statements available, which are critical for transparency and public trust. While it has a solid program expense ratio, indicating that all of its expenses are directed to programs, the absence of essential governance policies, such as a whistleblower and document retention policy, raises red flags about its operational integrity.
On a positive note, the foundation does have measures in place, such as a conflict of interest policy and documented board meeting minutes, which contribute to some level of governance. Furthermore, the organization's liabilities to assets ratio is relatively healthy at 25.15%, suggesting that it is managing its debts appropriately. However, the lack of independent oversight and missing documentation can hinder potential donor confidence, impacting its overall effectiveness in serving the community.
In summary, while the Mccreary County Heritage Foundation Inc demonstrates a commitment to its programs, the significant governance deficiencies highlighted in its rating signify the need for improvement in transparency and accountability practices to enhance trust and support from stakeholders.
This AI summary has been generated from information found on Charity Navigator.
Is Mccreary County Heritage Foundation Inc legitimate?
Mccreary County Heritage Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Mccreary County Heritage 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: $314,931
For more financial information, click here
Official website here: www.historicstearns.org
What is the mission statement of Mccreary County Heritage Foundation Inc?
The Mccreary County Heritage Foundation Inc's mission is centered around preserving the rich heritage of a specific county and providing educational and recreational benefits for its local citizens and visitors. The foundation accomplishes this by operating the Big South Fork Scenic Railway, which offers a unique journey into the heart of the Big South Fork River Valley. The train journey takes passengers through breathtaking landscapes, including roaring mountain streams, tunnels, and steep cliff sides, eventually entering the Big South Fork National River and Recreation Area. A notable stopover is Blue Heron, a site that once housed a mine, tipple, and surrounding camp houses, now abandoned since 1962. Visitors can explore this historical location through a self-guided tour, thereby gaining an insight into the region's past while enjoying the recreational benefits provided by the foundation.
Official website here: www.historicstearns.org
Who is the CEO of Mccreary County Heritage Foundation Inc?
Ray Moncrief is the Chairman of Mccreary County Heritage Foundation Inc.
Official website here: www.historicstearns.org
What is the revenue of Mccreary County Heritage Foundation Inc?
Mccreary County Heritage Foundation Inc's revenue in 2022 was $2,408,457.
Official website here: www.historicstearns.org
Who are the executives of Mccreary County Heritage Foundation Inc and what are their salaries?
The average compensation at Mccreary County Heritage Foundation Inc during 2022 was $10,498. There are 30 employees and 195 volunteers at Mccreary County Heritage Foundation Inc.
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Official website here: www.historicstearns.org
Where can I find the form 990 for Mccreary County Heritage Foundation Inc?
Mccreary County Heritage Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.historicstearns.org
Learn more at the official website: www.historicstearns.org
Mission Statement of Mccreary County Heritage Foundation Inc
Mccreary County Heritage Foundation Inc is a nonprofit organization dedicated to preserving the heritage of McCreary County, Kentucky. Its mission is twofold: firstly, to safeguard the rich history and culture of the county, and secondly, to provide educational and recreational benefits to the local citizens and visitors.
To achieve its mission, Mccreary County Heritage Foundation Inc operates the Big South Fork Scenic Railway. This unique train journey takes passengers away from civilization, meandering through the picturesque Big South Fork River Valley. The train journey offers breathtaking views of roaring mountain streams, tunnels, and steep cliff sides, culminating in an entrance into the Big South Fork National River and Recreation Area. The train makes a stopover at Blue Heron, a site of a mine, tipple, and surrounding camp houses that were abandoned in 1962. Here, visitors can embark on a self-guided tour, gaining a glimpse into the county's coal mining past.
In essence, Mccreary County Heritage Foundation Inc serves as a guardian of the county's heritage, preserving its history for future generations while also offering educational and recreational experiences that allow both locals and visitors to connect with and appreciate the county's unique character.
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Impact
July, 2024
Mccreary County Heritage Foundation Inc's impact is centered around preserving the heritage of McCreary County, Kentucky, and providing educational and recreational benefits to its citizens and visitors. The foundation operates the Big South Fork Scenic Railway, offering a unique experience as the train travels through the Big South Fork River Valley, away from civilization, along mountain streams, through a tunnel, and along steep cliff sides. It enters the Big South Fork National River and Recreation Area, stopping at historical sites like Barthell and Blue Heron for visitors to explore. Overall, the foundation's efforts contribute to the cultural enrichment and enjoyment of the community and its guests.
This information is meant to be a general summary of Mccreary County Heritage 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: $1,426,282
- Gross Receipts: $2,408,457
Assets and Liabilities:
- Total Assets: $7,996,422
- Total Liabilities: $2,011,399
- Net Assets: $5,985,023
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TICKET SALES AND OTHER
Revenue
$1,412,232
FREIGHT INTERCHANGE
Revenue
$14,050
Organization Details
Founding Year
1988
Phone
(606) 376-5330Principal Officer
Ray Moncrief
Main Address
PO BOX 368, STEARNS, KY, 42647
Website
www.historicstearns.orgNTEE Category
Code: A540 - Arts
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