Overview
What is Air Force Historical Foundation?
The Air Force Historical Foundation is a nonprofit organization dedicated to fostering aviation knowledge. They achieve this goal by publishing the "journal of the Air Force Historical Foundation" and sponsoring various educational, cultural, and literary programs. These initiatives aim to preserve and enhance the appreciation of historical events related to aviation. The foundation's efforts encompass book sponsorships and other activities designed to promote and showcase the rich heritage of aviation.
Official website here: www.afhistoricalfoundation.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 76%, Three-Star out of Four Star rating
The Air Force Historical Foundation has earned a Three-Star rating from Charity Navigator, reflecting a solid performance in accountability and finance, with a score weighted entirely on this metric. The foundation boasts a fully independent board with 15 members, demonstrating strong governance practices in this area. Additionally, they maintain a low liabilities to assets ratio, indicating financial stability and responsible management.
Strengths of the organization include a program expense ratio of over 79%, showcasing a significant commitment to funding their programs effectively. The charity's transparency is further supported by their website being listed on their tax form and the availability of board meeting minutes, which enhances public trust and accountability.
However, the organization does have some limitations, such as missing policies related to conflict of interest, whistleblower protections, and document retention. These omissions may raise concerns about governance practices. Overall, the foundation demonstrates responsible financial practices, but improving their policy framework could enhance their credibility and effectiveness further.
This AI summary has been generated from information found on Charity Navigator.
Is Air Force Historical Foundation legitimate?
Air Force Historical Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Air Force Historical Foundation 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: $74,948
Professional Fundraising Fees: $0
Other Salaries and Wages: $52,303
For more financial information, click here
Official website here: www.afhistoricalfoundation.org
What is the mission statement of Air Force Historical Foundation?
The Air Force Historical Foundation focuses on promoting aviation education. They accomplish this by publishing a journal, titled "journal of the Air Force Historical Foundation," and sponsoring various educational, cultural, and literary programs. These initiatives aim to preserve and foster an appreciation for aviation history. The foundation's activities serve to advance understanding and recognition of aviation's historical significance.
Official website here: www.afhistoricalfoundation.org
Who is the CEO of Air Force Historical Foundation?
Stephen E Newbold is the Co-Exec Director of Air Force Historical Foundation.
Official website here: www.afhistoricalfoundation.org
What is the revenue of Air Force Historical Foundation?
Air Force Historical Foundation's revenue in 2023 was $188,834.
Official website here: www.afhistoricalfoundation.org
Who are the executives of Air Force Historical Foundation and what are their salaries?
The average compensation at Air Force Historical Foundation during 2023 was $42,417. There are 3 employees at Air Force Historical Foundation.
Here are 16 key members and their salaries:
- Compensation: $51,098
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- Other: $0
- Compensation: $13,600
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- Compensation: $10,250
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Official website here: www.afhistoricalfoundation.org
Where can I find the form 990 for Air Force Historical Foundation?
Air Force Historical Foundation's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.afhistoricalfoundation.org
Learn more at the official website: www.afhistoricalfoundation.org
Mission Statement of Air Force Historical Foundation
The Air Force Historical Foundation, a nonprofit organization, is dedicated to advancing aviation education. They achieve this mission by publishing a journal titled "the journal of the Air Force Historical Foundation" and sponsoring various educational, cultural, and literary programs. These initiatives aim to preserve and appreciate aviation history, fostering a deeper understanding and appreciation of this field. By promoting these activities, the Air Force Historical Foundation plays a significant role in keeping the legacy of aviation alive and relevant for future generations.
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Impact
October, 2024
The Air Force Historical Foundation significantly contributes to aviation education by fostering a deeper understanding and appreciation of military history. Through the publication of its journal and the sponsorship of various books and educational programs, it creates valuable resources that enhance knowledge about the Air Force's legacy and its role in aviation history. This commitment to preserving historical narratives not only informs the public but also inspires future generations to engage with and appreciate the rich heritage of aviation and military service. By promoting cultural and literary initiatives, the Foundation plays a pivotal role in ensuring that the achievements and sacrifices of those in aviation are recognized and remembered.
This information is meant to be a general summary of Air Force Historical Foundation. 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.
- Investment Income: $107,288
- Program Service Revenue: $51,839
- Gross Receipts: $383,921
Assets and Liabilities:
- Total Assets: $1,077,740
- Total Liabilities: $23,915
- Net Assets: $1,053,825
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
MEMBERSHIP DUES
Revenue
$24,527
PUBLICATION SALES, ETC
Revenue
$8,587
AWARDS BANQUET
Revenue
$18,725
Organization Details
Phone
(301) 736-1959Principal Officer
Stephen E Newbold
Main Address
PO BOX 405, MECHANICSVILLE, MD, 20659
NTEE Category
Code: A33 - Arts
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