Overview
What is Preston Castle Foundation?
The Preston Castle Foundation, based in Ione, California, is a dedicated nonprofit organization with a focus on restoring and renovating the historical Preston Castle and its surrounding structures. Their mission revolves around preserving, rehabilitating, and utilizing this significant historical site, aiming to protect its heritage for future generations. The organization boasts a modest workforce of one individual.
Official website here: www.prestoncastle.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 69%, earning it a Two-Star out of Four Star rating. This rating reflects a moderate level of accountability and financial health. The Preston Castle Foundation demonstrates a commitment to strong governance practices, as evidenced by having a fully independent board and no material diversion of assets. Additionally, the organization maintains a high program expense ratio, indicating that a significant portion of its budget is directed towards its programs.
Despite these strengths, the foundation has notable limitations in its governance policies. The absence of essential policies, such as a conflict of interest policy, a whistleblower policy, and a document retention policy, raises concerns about its overall governance framework. These missing components suggest potential areas for improvement in transparency and organizational integrity.
Overall, while the Preston Castle Foundation shows positive financial management and a strong focus on its mission, addressing its governance policy gaps could enhance its accountability and effectiveness in serving its community.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about Preston Castle Foundation?
92% of 766 reviewers on Facebook recommend the Preston Castle Foundation. Here is a summary of their reviews:
Visitors appreciate the historical significance of Preston Castle, reflecting a strong interest in preserving this landmark. Many express excitement about future visits to explore the site further, showcasing a sense of community pride in the Castle's history and legacy.
However, some concerns about the potential for the site to be altered or demolished indicate a need for ongoing advocacy and preservation efforts. Overall, the sentiment leans towards enthusiasm and support for the foundation's mission to maintain the castle.
This AI summary has been generated from reviews found on Facebook.
Is Preston Castle Foundation legitimate?
Preston Castle Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Preston Castle 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: $38,310
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.prestoncastle.com
What is the mission statement of Preston Castle Foundation?
The Preston Castle Foundation is committed to preserving, restoring, and utilizing the historical Preston Castle site. Their mission involves the rehabilitation of the castle and surrounding buildings, with the aim of preserving its historical significance for future generations. The foundation's activities are focused on maintaining and enhancing the prestigious castle, without specifying its location.
Official website here: www.prestoncastle.com
What is the revenue of Preston Castle Foundation?
Preston Castle Foundation's revenue in 2024 was $506,372.
Official website here: www.prestoncastle.com
Who are the executives of Preston Castle Foundation and what are their salaries?
The average compensation at Preston Castle Foundation during 2024 was $38,310. There is 1 employee and 200 volunteers at Preston Castle Foundation.
Here are 13 key members and their salaries:
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Official website here: www.prestoncastle.com
Where can I find the form 990 for Preston Castle Foundation?
Preston Castle Foundation's most recent form 990 was submitted in 2024 and can be accessed here.
Official website here: www.prestoncastle.com
Learn more at the official website: www.prestoncastle.com
Mission Statement of Preston Castle Foundation
The Preston Castle Foundation is committed to preserving, restoring, and utilizing the historical Preston Castle site. This nonprofit organization is dedicated to maintaining the integrity and beauty of the castle, ensuring it remains a significant historical landmark. By undertaking restoration and renovation projects, the Preston Castle Foundation works tirelessly to preserve the castle's rich heritage for future generations. The organization's mission is a testament to its dedication to preserving the past while also considering the potential of this historic site for future use.
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Impact
July, 2024
The Preston Castle Foundation's impact lies in its dedication to the preservation, rehabilitation, and utilization of the historical Preston Castle site in Ione, California. By continuing the restoration and renovation efforts on the castle and its surrounding buildings and land, the foundation contributes to the preservation of an important historical landmark.
This information is meant to be a general summary of Preston Castle 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 2024.
- Investment Income: $16,052
- Program Service Revenue: $452,034
- Gross Receipts: $545,952
Assets and Liabilities:
- Total Assets: $3,609,504
- Total Liabilities: $2,998
- Net Assets: $3,606,506
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
SPECIAL EVENTS
Revenue
$373,704
TOURS
Revenue
$76,030
FACILITY RENTAL
Revenue
$2,300
Organization Details
Founding Year
2001
Principal Officer
Karl Knobelauch
Website
www.prestoncastle.comNTEE Category
Code: Z99 - Unknown
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