Overview
What is Friends Of The David Farnsley House Inc?
Friends of The David Farnsley House Inc is a nonprofit organization situated in Louisville, Kentucky. The primary purpose of this organization is to preserve and reuse a historic house located on the campus of Farnsley Middle School. They collaborate with the school to restore the house, incorporating it into the school's curriculum. This initiative aims to maintain the historical significance of the house, garden, and cemetery, ensuring their continued existence for future generations to appreciate.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 33% (Zero-Star out of Four Star Rating)
Friends Of The David Farnsley House Inc has received a low rating of 33% from Charity Navigator, reflecting significant concerns regarding its accountability and financial practices. The score is derived entirely from a single beacon score, focusing on Accountability & Finance. While the organization excels in having a majority independent board and no material diversion of assets, it has critical shortcomings in transparency and policy documentation.
The organization boasts a fully independent board of 14 members, which is a positive aspect. However, it has failed to implement essential governance policies, including a conflict of interest policy, a whistleblower policy, and a document retention policy. This lack of documentation negatively impacts its overall score and raises questions about its operational governance.
Additionally, the charity's program expense ratio is relatively low at 30.59%, indicating that a significant portion of its expenses may not be directed towards its programs. The absence of a website and key financial documents posted online further detracts from its credibility and transparency. Overall, while the charity has some structural strengths, its governance and financial transparency issues present challenges that potential supporters should consider carefully.
This AI summary has been generated from information found on Charity Navigator.
Is Friends Of The David Farnsley House Inc legitimate?
Friends Of The David Farnsley House Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Friends Of The David Farnsley House 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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Other Salaries and Wages: $0
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What is the mission statement of Friends Of The David Farnsley House Inc?
The mission of Friends Of The David Farnsley House Inc is centered around preserving and repurposing a historic house, located on a school campus. This organization collaborates with the school to restore the house, integrating it into the educational curriculum. Their primary goal is to preserve not only the house but also its surrounding garden and cemetery. In addition to preservation, they also offer consulting services for the restoration of historic houses.
Who is the CEO of Friends Of The David Farnsley House Inc?
Cyndi Caudill is the Director/Treasurer of Friends Of The David Farnsley House Inc.
What is the revenue of Friends Of The David Farnsley House Inc?
Friends Of The David Farnsley House Inc's revenue in 2022 was $13,910.
Who are the executives of Friends Of The David Farnsley House Inc and what are their salaries?
Here are 14 key members and their salaries:
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Where can I find the form 990 for Friends Of The David Farnsley House Inc?
Friends Of The David Farnsley House Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Friends Of The David Farnsley House Inc
Friends of the David Farnsley House Inc is committed to preserving and reusing a historic house, located on the campus of the Farnsley Middle School. This nonprofit organization collaborates with the school to restore the house, integrating it into the school's curriculum. Their mission, in essence, is to safeguard the historic house, garden, and cemetery, aiming to maintain their historical significance and reuse them for educational purposes. The group also provides consulting services in the restoration of historic houses, further emphasizing its dedication to preserving historical structures.
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Impact
August, 2024
Friends Of The David Farnsley House Inc's impact lies in their dedicated efforts to preserve and repurpose a historic house located on the campus of the Farnsley Middle School in Louisville, KY. By working collaboratively with the school, the group is integrating the restoration of the house into the school's curriculum, thus providing students with a tangible connection to local history. Through their maintenance of the historic house and consultation on its restoration, the organization is not only preserving a piece of local heritage but also fostering a deeper appreciation for the cultural significance of the area. Their mission to preserve and reuse the historic house, garden, and cemetery showcases their commitment to enriching the community and promoting the arts in Louisville.
This information is meant to be a general summary of Friends Of The David Farnsley House 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: $793
- Gross Receipts: $18,646
Assets and Liabilities:
- Total Assets: $44,628
- Total Liabilities: $0
- Net Assets: $44,628
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Organization Details
Founding Year
1997
Phone
(502) 882-8454Principal Officer
Cyndi Caudill
Main Address
CO 101 S 5TH STREET 1700, LOUISVILLE, KY, 40202
NTEE Category
Code: A80 - Arts
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