Overview
What is Friends Of The Pound House?
Friends of the Pound House is a small nonprofit organization situated in Dripping Springs, Texas. With just two dedicated employees, their primary mission revolves around educating the public about the region's original settlers. They are committed to restoring and maintaining the homestead of one of the town's founding settlers as a way to preserve this historical heritage. By sharing this knowledge and preserving the homestead, Friends of the Pound House aims to contribute to the community's cultural understanding and appreciation of its origins.
Official website here: www.drpoundhistoricalfarmstead.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 76%, Three-Star out of Four Star Rating
Friends Of The Pound House has earned a Three-Star rating due to a score of 76%, which emphasizes their accountability and financial practices. The organization displays strengths in governance, particularly with a fully independent board and no diversion of assets, indicating good oversight and resource management. They have a very high program expense ratio of 98.67%, suggesting that the vast majority of their funds are directed towards their mission-related activities.
However, the nonprofit has some limitations in their governance policies. Notably, they lack a conflict of interest policy, whistleblower policy, and document retention policy, which are important for ensuring transparency and accountability. Additionally, their tax form is not posted on their website as required, which may raise concerns about their commitment to open communication with stakeholders.
Overall, while Friends Of The Pound House demonstrates strong financial health and effective program management, the absence of certain governance policies highlights areas for improvement in their operational transparency.
This AI summary has been generated from information found on Charity Navigator.
Is Friends Of The Pound House legitimate?
Friends Of The Pound House is a legitimate nonprofit organization registered as a 501(c)(3) entity. Friends Of The Pound House 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: $21,538
For more financial information, click here
Official website here: www.drpoundhistoricalfarmstead.org
What is the mission statement of Friends Of The Pound House?
The mission of Friends Of The Pound House is centered around educating the public about the early settlers of the area. Beyond this educational endeavor, the organization also focuses on restoring and maintaining the homestead of one of the founding settlers of the town and region. The goal is to preserve and share the history and heritage of these early settlers, providing valuable insights into the past for the community to learn from and appreciate.
Official website here: www.drpoundhistoricalfarmstead.org
What is the revenue of Friends Of The Pound House?
Friends Of The Pound House's revenue in 2023 was $174,870.
Official website here: www.drpoundhistoricalfarmstead.org
Who are the executives of Friends Of The Pound House and what are their salaries?
The average compensation at Friends Of The Pound House during 2023 was $21,538. There is 1 employee and 50 volunteers at Friends Of The Pound House.
Here are 4 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
Official website here: www.drpoundhistoricalfarmstead.org
Where can I find the form 990 for Friends Of The Pound House?
Friends Of The Pound House's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.drpoundhistoricalfarmstead.org
Learn more at the official website: www.drpoundhistoricalfarmstead.org
Mission Statement of Friends Of The Pound House
Friends of the Pound House, a nonprofit organization, is dedicated to enlightening the public about the early settlers of the area. Beyond this educational endeavor, the organization is also committed to restoring and maintaining the homestead of one of the founding settlers of the town and region. By doing so, Friends of the Pound House aims to preserve the historical and cultural heritage of the community, offering a valuable resource for both locals and visitors alike. Through its efforts, the organization seeks to promote a deeper understanding of the area's past, fostering a sense of appreciation and continuity for future generations.
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Impact
October, 2024
Friends Of The Pound House significantly impacts the community by preserving and promoting the historical heritage of Dripping Springs, Texas. By focusing on the original settlers of the area, they provide educational programs and resources that enhance public knowledge of the region’s history.
Their efforts to restore and maintain the homestead of one of the town's founding settlers serve not only as a tribute to local heritage but also as a tangible connection for residents and visitors alike to the beginnings of their community. This initiative fosters a deeper appreciation of the area's culture and history, enriching the local identity and encouraging community engagement through historical awareness and education.
This information is meant to be a general summary of Friends Of The Pound House. 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: $185
- Gross Receipts: $174,870
Assets and Liabilities:
- Total Assets: $648,262
- Total Liabilities: $52
- Net Assets: $648,210
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Organization Details
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