Overview
What is Franklin County Historical Association?
The Franklin County Historical Association, situated in Mount Vernon, Texas, is a nonprofit organization that operates four museum facilities open to the public. Their primary mission is focused on restoring and preserving historical sites within Franklin County. The association also offers educational outreach programs and conducts over fifteen special tours. With a small team of one dedicated individual, they strive to protect and celebrate the rich history of their community, inviting the public to learn and engage with their heritage.
What are the reviews and ratings of this charity?
Charity Navigator Rating: Two-Star out of Four Star rating (Needs Improvement)
The Franklin County Historical Association has received a two-star rating from Charity Navigator, indicating that there are areas in which the organization needs improvement. Its overall score stands at 68%, reflecting a strong performance in accountability and finance with a perfect score of 100%. The organization excels in having a majority of independent board members and no material diversion of assets, which are significant strengths.
Despite these positives, the organization has notable weaknesses, particularly concerning governance policies. The absence of a whistleblower policy and document retention and destruction policy has impacted its score, as these are essential for transparency and accountability. Additionally, the program expense ratio, at 60.01%, suggests room for enhancement in how funds are allocated towards direct programming versus administrative costs.
In summary, while the Franklin County Historical Association demonstrates commendable governance structures and financial accountability, the lack of certain policies and the program expense ratio could hinder its effectiveness and trustworthiness as a nonprofit organization. Addressing these limitations could lead to improved ratings and greater community trust.
This AI summary has been generated from information found on Charity Navigator.
Is Franklin County Historical Association legitimate?
Franklin County Historical Association is a legitimate nonprofit organization registered as a 501(c)(3) entity. Franklin County Historical Association 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: $20,320
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What is the mission statement of Franklin County Historical Association?
The Franklin County Historical Association is dedicated to restoring and preserving historical sites within its jurisdiction. This mission is carried out through the operation of several museum facilities that are accessible to the public. Furthermore, the association engages in educational outreach programs and organizes numerous special tours to promote historical awareness and appreciation.
Who is the CEO of Franklin County Historical Association?
Bf Hicks is the President of Franklin County Historical Association.
What is the revenue of Franklin County Historical Association?
Franklin County Historical Association's revenue in 2022 was $174,304.
Who are the executives of Franklin County Historical Association and what are their salaries?
The average compensation at Franklin County Historical Association during 2022 was $20,320. There is 1 employee and 40 volunteers at Franklin County Historical Association.
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Where can I find the form 990 for Franklin County Historical Association?
Franklin County Historical Association's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Franklin County Historical Association
The Franklin County Historical Association, a notable organization, is dedicated to the preservation and restoration of historical sites within Franklin County. Their primary mission is centered around this objective, aiming to safeguard and enhance the historical heritage of the area. To achieve this goal, the association operates multiple museum facilities that are open to the public, providing a platform for education and appreciation of the region's past. Furthermore, the association extends its efforts beyond the confines of its facilities, engaging in various educational outreach programs and offering over fifteen special tours. These initiatives aim to engage the community and foster a deeper understanding of Franklin County's rich historical legacy.
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Impact
October, 2024
The Franklin County Historical Association plays a vital role in restoring and preserving the rich history of Franklin County. By actively maintaining and managing four museum facilities, the association provides the public with access to key historical resources and artifacts. Their educational outreach programs and over 15 special tours enrich community engagement and foster a deeper understanding of the region's heritage. Through these initiatives, they not only safeguard historical sites but also promote cultural awareness and appreciation among residents and visitors alike. The association's work ensures that the stories and legacies of Franklin County are celebrated and passed down to future generations.
This information is meant to be a general summary of Franklin County Historical Association. 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: $60,452
- Gross Receipts: $174,304
Assets and Liabilities:
- Total Assets: $2,296,154
- Total Liabilities: $305,659
- Net Assets: $1,990,495
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Organization Details
Founding Year
1989
Phone
(903) 537-2264Principal Officer
Bf Hicks
Main Address
PO BOX 289, MOUNT VERNON, TX, 75457
NTEE Category
Code: A80 - Arts
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