Overview
What is Glenwood Cemetery Historic Preservation Foundation?
The Glenwood Cemetery Historic Preservation Foundation is a nonprofit organization dedicated to promoting charitable, historic preservation, and educational initiatives. Established with a primary objective to preserve and restore the historic cemetery located in Houston, Texas, the foundation's work aims to honor and protect the city's historical heritage. Through its activities, the foundation contributes to the local community's cultural and historical enrichment, fostering an appreciation for the past.
Official website here: www.glenwoodcemetery.org/foundation
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement - Overall Score: 67%, earning a Two-Star out of Four Star rating.
The Glenwood Cemetery Historic Preservation Foundation has been rated as needing improvement, largely due to its overall score of 67%. While the organization shows strengths in areas such as having a majority of independent board members and a solid program expense ratio, it faces significant challenges in financial health indicators, particularly with a liabilities to assets ratio of 194.65% and a negative working capital ratio.
Strengths include a strong commitment to accountability with an independent board and effective financial oversight, as evidenced by high scores in audit and oversight. However, the absence of a whistleblower policy and document retention procedures has raised some concerns about governance practices. The high program expense ratio reflects a focus on mission-related activities, but the financial sustainability of the organization remains a pressing issue that needs to be addressed for future stability.
This AI summary has been generated from information found on Charity Navigator.
Is Glenwood Cemetery Historic Preservation Foundation legitimate?
Glenwood Cemetery Historic Preservation Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Glenwood Cemetery Historic Preservation 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:
Executive Compensation: $0
Professional Fundraising Fees: $54,660
Other Salaries and Wages: $69,116
For more financial information, click here
Official website here: www.glenwoodcemetery.org/foundation
What is the mission statement of Glenwood Cemetery Historic Preservation Foundation?
The Glenwood Cemetery Historic Preservation Foundation is dedicated to serving charitable, historic preservation, and educational purposes. Their mission is centered around preserving and restoring a historic cemetery, specifically located in Houston, Texas. The organization operates with the goal of safeguarding the historical significance of the cemetery, ensuring its continued existence and promoting educational opportunities related to its history.
Official website here: www.glenwoodcemetery.org/foundation
Who is the CEO of Glenwood Cemetery Historic Preservation Foundation?
Richard A Ambrus is the Trustee of Glenwood Cemetery Historic Preservation Foundation.
Official website here: www.glenwoodcemetery.org/foundation
What is the revenue of Glenwood Cemetery Historic Preservation Foundation?
Glenwood Cemetery Historic Preservation Foundation's revenue in 2022 was $1,328,323.
Official website here: www.glenwoodcemetery.org/foundation
Who are the executives of Glenwood Cemetery Historic Preservation Foundation and what are their salaries?
Here are 17 key members and their salaries:
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Official website here: www.glenwoodcemetery.org/foundation
Where can I find the form 990 for Glenwood Cemetery Historic Preservation Foundation?
Glenwood Cemetery Historic Preservation Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.glenwoodcemetery.org/foundation
Learn more at the official website: www.glenwoodcemetery.org/foundation
Mission Statement of Glenwood Cemetery Historic Preservation Foundation
The Glenwood Cemetery Historic Preservation Foundation is a not-for-profit organization dedicated to serving charitable, historic preservation, and educational purposes. Its primary mission is to safeguard and revitalize the historic cemetery situated in Houston, Texas. The foundation's objectives involve preserving the cemetery's rich history, ensuring its upkeep, and disseminating educational information related to historical preservation. By dedicating its efforts towards this cause, the Glenwood Cemetery Historic Preservation Foundation plays a significant role in safeguarding the city's historical heritage and promoting awareness of its cultural significance.
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Impact
July, 2024
The Glenwood Cemetery Historic Preservation Foundation's impact is notable in the preservation and restoration of the historic Glenwood Cemetery in Houston, TX. Through its dedicated efforts, the Foundation contributes to the conservation of an important piece of Houston's heritage, ensuring that the historic cemetery remains a place of cultural significance for future generations. Its focus on charitable, historic preservation, and educational purposes exemplifies a commitment to maintaining the cemetery's integrity and promoting awareness of its historical value.
This information is meant to be a general summary of Glenwood Cemetery Historic Preservation 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: $150,213
- Gross Receipts: $6,121,843
Assets and Liabilities:
- Total Assets: $8,515,964
- Total Liabilities: $7,276,143
- Net Assets: $1,239,821
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Organization Details
Founding Year
1998
Phone
(713) 864-7886Principal Officer
Richard A Ambrus
Main Address
2525 WASHINGTON AVENUE, HOUSTON, TX, 77007
NTEE Category
Code: A80 - Arts
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