Overview
What is Institute Of Nautical Archaeology Foundation?
The Institute of Nautical Archaeology Foundation is a nonprofit organization with a primary mission stationed in College Station, Texas. Their primary objective is to support the Institute of Nautical Archaeology in its efforts to identify, document, and preserve ancient underwater archaeological sites worldwide. This support contributes to the advancement of nautical archaeology, a field the Foundation is committed to promoting. The Foundation's activities involve contributing towards the ongoing task of preserving the rich historical heritage submerged in the oceans and seas.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 94% (Four-Star out of Four Stars)
The Institute Of Nautical Archaeology Foundation has earned a Four-Star rating from Charity Navigator, reflecting its strong performance in accountability and finance. With a score of 94%, the organization demonstrates exceptional governance practices, including a fully independent board and comprehensive conflict of interest and whistleblower policies. Their financial management is also commendable, with no reported asset diversions and a perfect score in financial statement reviews.
Strengths of the organization include a high program expense ratio of nearly 79%, indicating that the majority of its expenditures are directed towards its mission-related activities. The foundation maintains an excellent liabilities to assets ratio of 0.00%, which suggests a strong financial position without debt burdens. This financial health allows for sustainable operations and the ability to effectively pursue its archaeological initiatives.
While the ratings and policies are favorable, details regarding specific programs or outcomes are not highlighted in the data. This absence of programmatic details may leave potential supporters wanting more information about the organization's impact and how their contributions will be utilized in the field of nautical archaeology.
This AI summary has been generated from information found on Charity Navigator.
Is Institute Of Nautical Archaeology Foundation legitimate?
Institute Of Nautical Archaeology Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Institute Of Nautical Archaeology 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
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What is the mission statement of Institute Of Nautical Archaeology Foundation?
The Institute of Nautical Archaeology Foundation's mission is centered around supporting the advancement of nautical archaeology, specifically the work conducted by the Institute of Nautical Archaeology itself. This support involves aiding in the location, documentation, and preservation of ancient underwater archaeological sites worldwide. The foundation's activities are instrumental in promoting a deeper understanding of our maritime past and the historical stories that lie beneath the world's oceans and waterways.
Who is the CEO of Institute Of Nautical Archaeology Foundation?
Edward O Boshell Jr is the Director of Institute Of Nautical Archaeology Foundation.
What is the revenue of Institute Of Nautical Archaeology Foundation?
Institute Of Nautical Archaeology Foundation's revenue in 2022 was $2,839,666.
Who are the executives of Institute Of Nautical Archaeology Foundation and what are their salaries?
There 4 volunteers at Institute Of Nautical Archaeology Foundation.
Here are 6 key members and their salaries:
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- Related: $40,000
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Where can I find the form 990 for Institute Of Nautical Archaeology Foundation?
Institute Of Nautical Archaeology Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Institute Of Nautical Archaeology Foundation
The Institute of Nautical Archaeology Foundation is committed to promoting the progress of nautical archaeology, which is carried out by the Institute of Nautical Archaeology itself. This nonprofit organization's mission is centered around providing support to these efforts, aiming to contribute to the location, documentation, and preservation of ancient underwater archaeological sites worldwide. By doing so, the Institute of Nautical Archaeology Foundation plays a crucial role in safeguarding our historical heritage that lies beneath the sea's surface.
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Impact
July, 2024
The Institute of Nautical Archaeology Foundation supports the advancement of nautical archaeology conducted by the Institute of Nautical Archaeology. By providing crucial support, the foundation contributes to the Institute's ongoing efforts to locate, document, and preserve ancient underwater archaeological sites worldwide. Through this work, the Foundation helps to uncover and protect valuable cultural heritage, shedding light on our maritime past and enriching our understanding of history.
This information is meant to be a general summary of Institute Of Nautical Archaeology 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 2022.
- Investment Income: $2,174,361
- Gross Receipts: $7,058,237
Assets and Liabilities:
- Total Assets: $19,791,996
- Total Liabilities: $0
- Net Assets: $19,791,996
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Organization Details
Founding Year
1985
Phone
(979) 845-6694Principal Officer
Edward O Boshell Jr
Main Address
PO BOX 2310, COLLEGE STATION, TX, 77841
NTEE Category
Code: A80 - Arts
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