Muleshoe Heritage Foundation Inc

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 752001541 ✦ Muleshoe, TX ✦ Designated as a 501(c)(3)

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Overview

What is Muleshoe Heritage Foundation Inc?

Muleshoe Heritage Foundation Inc, based in Muleshoe, Texas, is a nonprofit organization with a mission to promote historical and educational activities for its local community. With a population of approximately 7500 citizens, the foundation strives to engage and educate residents about their cultural heritage. While the specifics of their activities aren't detailed in the provided information, it's clear that they are dedicated to enriching their community through historical and educational initiatives. The organization is staffed by a team of four individuals, further underscoring its commitment to the cause.

What are the reviews and ratings of this charity?

Charity Navigator Rating: 33%

The Muleshoe Heritage Foundation Inc has received a Zero-Star out of Four Star rating due to a low overall score of 33% in Accountability & Finance. This rating highlights significant concerns regarding the foundation's financial practices and transparency. The overall score is derived entirely from the Accountability & Finance beacon, suggesting that there are critical areas where the organization is lacking, particularly in financial management.

On a positive note, the foundation has a fully independent board, with 100% of its members being independent, which is reflected in their strong scores for board independence and size. They also have no reported material diversion of assets, indicating responsible governance in that aspect. However, the absence of key policies, including a conflict of interest policy and a whistleblower policy, raises questions regarding their commitment to ethical practices and financial accountability.

Moreover, the foundation's program expense ratio is quite low at 31.77%, which suggests that a significant portion of their expenses may not be directed toward their charitable programs. This contributes to their low rating in financial health, as does their liabilities-to-assets ratio of 0.28%, indicating potential financial instability. Overall, while the organization has strengths in governance, its financial practices require substantial improvement to enhance transparency and program effectiveness.


This AI summary has been generated from information found on Charity Navigator.

Is Muleshoe Heritage Foundation Inc legitimate?

Muleshoe Heritage Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Muleshoe Heritage Foundation 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: $26,499

For more financial information, click here

What is the mission statement of Muleshoe Heritage Foundation Inc?

The Muleshoe Heritage Foundation Inc is dedicated to promoting historical and educational activities for a community of approximately 7500 citizens. Their mission is to foster an understanding and appreciation of the past through various initiatives, aiming to educate and engage the community members. The foundation's activities aim to preserve local history and culture, providing educational opportunities for the public. They strive to create a sense of community pride and connection to the area's heritage. Their efforts aim to enrich the lives of the community members by offering them a deeper understanding of their shared history.

Who is the CEO of Muleshoe Heritage Foundation Inc?

Scott Miller is the President of Muleshoe Heritage Foundation Inc.

What is the revenue of Muleshoe Heritage Foundation Inc?

Muleshoe Heritage Foundation Inc's revenue in 2023 was $78,192.

Who are the executives of Muleshoe Heritage Foundation Inc and what are their salaries?

The average compensation at Muleshoe Heritage Foundation Inc during 2023 was $6,625. There are 4 employees at Muleshoe Heritage Foundation Inc.


Here are 7 key members and their salaries:


Scott Miller (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sheila Stevenson (Vice-President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ann Johnson (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rhonda Myers (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Chris Mardis (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gina Mardis (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Vickie Burch (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Muleshoe Heritage Foundation Inc?

Muleshoe Heritage Foundation Inc's most recent form 990 was submitted in 2023 and can be accessed here.

Mission Statement of Muleshoe Heritage Foundation Inc

The Muleshoe Heritage Foundation Inc is committed to fostering historical and educational activities for the benefit of its local community, which comprises approximately 7500 citizens. This organization's mission is centered around promoting educational activities, aiming to enrich the understanding and appreciation of history among the community members. By engaging in these activities, the Foundation strives to create a more culturally enriched environment for its residents.

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Impact




August, 2024

Muleshoe Heritage Foundation Inc's impact lies in promoting historical and educational activities for approximately 7500 citizens in the Muleshoe area of Texas. Through their focus on preserving and sharing the heritage of the region, the foundation plays a vital role in enriching the community and fostering a deeper understanding of its cultural roots. Their dedication to promoting arts, education, and historical preservation contributes significantly to the cultural enrichment of the local population and ensures that future generations can benefit from the area's rich heritage.




This information is meant to be a general summary of Muleshoe Heritage Foundation 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.

Revenue
$78,192 (2023)
2011201320152017201920212023$0$60,000$120k$180k$240k
Expenses
$82,571 (2023)
2011201320152017201920212023$0$45,000$90,000$135k$180k
Efficiency
20112013201520172019202120230%9%18%27%36%45%

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $11
  • Program Service Revenue: $23,175
  • Gross Receipts: $78,192

Assets and Liabilities:

  • Total Assets: $905,378
  • Total Liabilities: $2,620
  • Net Assets: $902,758

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

THRIFT SHOP

Revenue

$23,175

Organization Details

Founding Year

1984

Principal Officer

Scott Miller

Main Address

P O BOX 201, MULESHOE, TX, 79347

NTEE Category

Code: A54 - Arts

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