Overview
What is Greater Houston Coin Club Inc?
Greater Houston Coin Club Inc is a nonprofit organization situated in Houston, Texas. Their primary mission is to foster the study of numismatics, which is the collection and study of coins and related items, through educational and scientific means. They achieve this by hosting Boy Scout and Girl Scout merit badge clinics on coin collecting, providing facilities, qualified instructors, and necessary materials. Additionally, they conduct show and tell sessions and formal presentations on numismatic-related subjects during general membership meetings. The club's activities are geared towards promoting and encouraging interest in coin collecting and numismatics.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 33%, Zero-Star out of Four Stars
The Greater Houston Coin Club Inc has received a low rating of 33%, indicating significant concerns regarding its accountability and financial practices. While the organization boasts a fully independent board with no material diversion of assets, it falls short in several critical areas that contribute to its poor score. The lack of a conflict of interest policy, whistleblower policy, and document retention guidelines raises red flags about its governance practices.
Additionally, the nonprofit's financial efficiency is questionable, with a program expense ratio of only 42.77%, suggesting that a large portion of its funds may not be directed towards its mission-related activities. The absence of a publicly accessible website to post necessary tax documents further compounds the issues highlighted in its accountability measures.
Overall, the Greater Houston Coin Club Inc needs to make substantial improvements in governance and financial transparency to enhance its ratings and ultimately better serve its community. The absence of key policies and the low program expense ratio point to areas requiring urgent attention.
This AI summary has been generated from information found on Charity Navigator.
Is Greater Houston Coin Club Inc legitimate?
Greater Houston Coin Club Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Greater Houston Coin Club 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: $0
For more financial information, click here
What is the mission statement of Greater Houston Coin Club Inc?
The Greater Houston Coin Club Inc's mission is centered around promoting the study of numismatics, which is the collection and study of coins and related items, in an educational and scientific manner. They achieve this by providing facilities and qualified instructors for Boy Scout and Girl Scout merit badge clinics on coin collecting. Additionally, they conduct general membership meetings with show and tell sessions and formal presentations on numismatic-related subjects. The club's activities aim to educate individuals about coins and numismatics, fostering a deeper understanding of this fascinating field.
What is the revenue of Greater Houston Coin Club Inc?
Greater Houston Coin Club Inc's revenue in 2024 was $11,297.
Who are the executives of Greater Houston Coin Club Inc and what are their salaries?
Here are 11 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Greater Houston Coin Club Inc?
Greater Houston Coin Club Inc's most recent form 990 was submitted in 2024 and can be accessed here.
Mission Statement of Greater Houston Coin Club Inc
Greater Houston Coin Club Inc is dedicated to fostering an interest in numismatics, the study of coins and currency, through educational and scientific means. This nonprofit organization strives to achieve this mission by providing facilities and qualified instructors for Boy Scout and Girl Scout merit badge clinics on coin collecting. They conduct these clinics during general membership meetings, offering show and tell sessions and formal presentations on various numismatic-related subjects. The club's activities aim to promote a deeper understanding and appreciation of the world of coins and currency, encouraging both young and older individuals to engage with this fascinating field.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
August, 2024
The Greater Houston Coin Club Inc has a significant impact on the local community by promoting the study of numismatics through educational and scientific means. One of the key ways they achieve this is through their Boy Scouts Merit Badge Clinic program, which provides facilities, instructors, and materials for Boy Scout and Girl Scout merit badge clinics on coin collecting and numismatic education. This hands-on initiative helps to educate and engage young people in the art and science of numismatics. Additionally, the club organizes general membership meetings with show and tell sessions and formal presentations on numismatic-related subjects, further fostering a love for coin collecting and numismatic knowledge in the community. Through their dedicated efforts, the Greater Houston Coin Club Inc is positively impacting youth development and numismatic education in Houston, Texas.
This information is meant to be a general summary of Greater Houston Coin Club 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 2024.
- Investment Income: $1,741
- Program Service Revenue: $3,600
- Gross Receipts: $74,460
Assets and Liabilities:
- Total Assets: $232,325
- Total Liabilities: $478
- Net Assets: $231,847
Want to help this charity, for free? You can click here to learn more about Give Freely
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
AUCTION FEE
Revenue
$3,600
Organization Details
Founding Year
2005
Principal Officer
Barbara Prinsen
NTEE Category
Code: O50 - Youth development
If you are a representative of Greater Houston Coin Club Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.