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Marshall Depot Inc

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

EIN: 752366141 ✦ Marshall, TX ✦ Designated as a 501(c)(3)

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Overview

What is Marshall Depot Inc?

Marshall Depot Inc is a nonprofit organization situated in Marshall, Texas, with a specific mission to preserve and uphold the Historical Texas and Pacific Depot. Established with the aim of restoration, operation, and maintenance, this institution plays a vital role in safeguarding a significant piece of Texas's history. By doing so, the organization contributes to the preservation of historical sites and cultural heritage in the area.


Official website here: www.marshalldepot.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 80%, Three-Star out of Four Star rating

Marshall Depot Inc has received an 80% overall score, which translates to a Three-Star rating, primarily based on its Accountability & Finance metrics. The organization demonstrates strong governance with a fully independent board and no material diversion of assets. Its fiscal responsibility is evident, highlighted by a program expense ratio of 100%, indicating that all expenses are dedicated to its programs.

However, there are some areas for improvement, notably the absence of a whistleblower policy and document retention and destruction policies, which received zero points. Additionally, the organization has not documented board meeting minutes, which may reflect on its overall transparency and governance practices. While these limitations are noteworthy, the charity’s strong performance in other areas showcases its commitment to accountability.

Overall, Marshall Depot Inc presents itself as a responsible nonprofit with a solid foundation in financial management, though it would benefit from enhancing its governance policies to improve transparency and accountability further.


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

Is Marshall Depot Inc legitimate?

Marshall Depot Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Marshall Depot 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: $0

For more financial information, click here


Official website here: www.marshalldepot.org

What is the mission statement of Marshall Depot Inc?

Marshall Depot Inc, as an organization, is dedicated to the restoration, operation, and maintenance of a significant historical site. Specifically, their mission involves revitalizing the Texas and Pacific Depot in Marshall, Texas. Their primary goal is to preserve this historical landmark, ensuring its continued use and upkeep for future generations. By restoring the depot, they aim to honor its historical significance and contribute to the cultural heritage of the community. Furthermore, they are committed to operating and maintaining the facility, ensuring its functionality and accessibility to the public.


Official website here: www.marshalldepot.org

Who is the CEO of Marshall Depot Inc?

Christina Anderson is the President of Marshall Depot Inc.


Official website here: www.marshalldepot.org

What is the revenue of Marshall Depot Inc?

Marshall Depot Inc's revenue in 2022 was $71,126.


Official website here: www.marshalldepot.org

Who are the executives of Marshall Depot Inc and what are their salaries?


Here are 4 key members and their salaries:


Christina Anderson (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Donald Hocutt (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Cathy Wright (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Cindy Leleko (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.marshalldepot.org

Where can I find the form 990 for Marshall Depot Inc?

Marshall Depot Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.marshalldepot.org

Learn more at the official website: www.marshalldepot.org

Mission Statement of Marshall Depot Inc

Marshall Depot Inc, a nonprofit organization, was established with a mission to restore, operate, and maintain the Historical Texas and Pacific Depot in Marshall, Texas. This mission is centered around preserving and revitalizing a significant historical landmark, ensuring its continued use and appreciation for future generations. The organization's work involves not only restoring the depot to its former glory but also maintaining its operation, ensuring it remains a vital part of the community. By dedicating itself to this mission, Marshall Depot Inc contributes to the preservation of local history and the promotion of cultural heritage.

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Impact




August, 2024

Marshall Depot Inc's impact lies in the preservation of the Historical Texas and Pacific Depot in Marshall, Texas. By restoring, operating, and maintaining this significant historical landmark, Marshall Depot Inc plays a crucial role in conserving the cultural heritage of the region. This not only enriches the community by providing access to a piece of history but also contributes to the arts and cultural preservation efforts in Marshall, TX.




This information is meant to be a general summary of Marshall Depot 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
$71,126 (2022)
Expenses
$47,604 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Program Service Revenue: $3,192
  • Gross Receipts: $71,126

Assets and Liabilities:

  • Total Assets: $754,635
  • Total Liabilities: $0
  • Net Assets: $754,635

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Programs

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

Miscellaneous Income

Revenue

$2,398

Museum Admission Fees

Revenue

$794

Organization Details

Principal Officer

Christina Anderson

Main Address

800 N Washington Ave 1, Marshall, TX, 75670

NTEE Category

Code: A82Z - Arts

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