Overview
What is Heritage Of Odessa Foundation?
The Heritage Of Odessa Foundation is a nonprofit organization located in Odessa, Texas. Its primary mission is centered around the preservation and restoration of historical properties. This encompasses various aspects such as commissioning memorial markers, statues, and plaques. The foundation's work serves to honor and maintain the historical significance of these sites, contributing to the cultural heritage of the community.
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement - Overall score: 70% - Two-Star out of Four Star rating. The Heritage of Odessa Foundation has received a two-star rating, indicating that while it has strong accountability and finance practices, there are significant areas needing improvement. The foundation scored 100% in accountability metrics, showcasing effective management and oversight, particularly with a fully independent board.
One notable strength is the foundation's financial health, as evidenced by a low liabilities to assets ratio of 4.17% and a program expense ratio of 100%. This suggests that the majority of its expenditures are directed towards its programs, reflecting a commitment to its mission. However, the organization has several critical gaps in transparency, including missing policies on conflict of interest, whistleblower protections, and a lack of publicly available board meeting minutes.
The absence of essential disclosures and policies raises concerns about the foundation's governance practices. Specifically, the lack of a website listed on the tax form and missing conflict of interest and document retention policies indicate areas that could affect stakeholder trust and accountability. Overall, while the Heritage of Odessa Foundation exhibits strong financial metrics, it must address these limitations to enhance its operational transparency and integrity.
This AI summary has been generated from information found on Charity Navigator.
Is Heritage Of Odessa Foundation legitimate?
Heritage Of Odessa Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Heritage Of Odessa 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:
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Professional Fundraising Fees: $0
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What is the mission statement of Heritage Of Odessa Foundation?
The Heritage Of Odessa Foundation's mission revolves around preserving history. They focus on the maintenance and restoration of historical properties, extending their efforts to commission memorial markers, statues, and plaques. This organization is dedicated to honoring the past and ensuring its legacy endures for future generations. Their activities aim to educate and inspire, providing a tangible connection to history through the preservation of notable landmarks and memorials.
Who is the CEO of Heritage Of Odessa Foundation?
Pat Canty is the President of Heritage Of Odessa Foundation.
What is the revenue of Heritage Of Odessa Foundation?
Heritage Of Odessa Foundation's revenue in 2022 was $55,783.
Who are the executives of Heritage Of Odessa Foundation and what are their salaries?
Here are 4 key members and their salaries:
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Where can I find the form 990 for Heritage Of Odessa Foundation?
Heritage Of Odessa Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Heritage Of Odessa Foundation
The Heritage Of Odessa Foundation is dedicated to preserving and revitalizing historical properties. This esteemed organization takes on the significant task of commissioning memorial markers, statues, and plaques to honor historical figures and events. By undertaking these projects, the Heritage Of Odessa Foundation plays a crucial role in maintaining and celebrating the rich heritage of our past, ensuring that future generations can appreciate and learn from it.
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Impact
August, 2024
The Heritage Of Odessa Foundation has made a significant impact on preserving and restoring historical properties in Odessa, Texas. Through their activities such as commissioning memorial markers, statues, and plaques, the foundation has contributed to commemorating and honoring the city's heritage. Their focus on maintaining historical properties ensures that the community's rich history is preserved for future generations to appreciate and learn from. The foundation's dedication to this mission helps to protect Odessa's cultural heritage and promote an appreciation for the arts in the city.
This information is meant to be a general summary of Heritage Of Odessa 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: $4,829
- Gross Receipts: $1,450,116
Assets and Liabilities:
- Total Assets: $721,852
- Total Liabilities: $30,173
- Net Assets: $691,679
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Organization Details
Founding Year
1982
Phone
(432) 332-0210Principal Officer
Pat Canty
Main Address
PO BOX 3908, ODESSA, TX, 797603908
NTEE Category
Code: A80 - Arts
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