Overview
What is Ypsilanti Ladies Literary House Foundation?
The Ypsilanti Ladies Literary House Foundation is a nonprofit organization situated in Ypsilanti, Michigan. Its primary focus is on preserving historic structures within the city, with a particular emphasis on the Ladies Literary House structure. By preserving these historical monuments, the foundation aims to foster educational and cultural opportunities and awareness. Additionally, they distribute funds to organizations that meet the criteria of being tax-exempt, contributing to the broader preservation efforts in the community.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 73%, earning a Two-Star out of Four Star rating. The Ypsilanti Ladies Literary House Foundation shows strengths in its governance structure, with a fully independent board and a low liabilities-to-assets ratio. The organization allocates a significant portion of its budget to program expenses, which suggests a commitment to its mission.
However, there are notable areas for improvement, particularly regarding transparency and policy documentation. The absence of a conflict of interest policy, whistleblower policy, and document retention policy raises concerns about accountability. Additionally, the nonprofit has not posted its tax form on its website, which limits accessibility to important financial information for donors and stakeholders.
In summary, while the Ypsilanti Ladies Literary House Foundation demonstrates strong programmatic focus and governance, it needs to enhance its transparency and accountability measures to improve its overall rating and foster trust with the community it serves.
This AI summary has been generated from information found on Charity Navigator.
Is Ypsilanti Ladies Literary House Foundation legitimate?
Ypsilanti Ladies Literary House Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Ypsilanti Ladies Literary House 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: $0
Other Salaries and Wages: $0
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What is the mission statement of Ypsilanti Ladies Literary House Foundation?
The Ypsilanti Ladies Literary House Foundation's mission is centered around the preservation of historic structures, with a particular focus on the Ladies Literary House structure. Their goal is to foster educational and cultural opportunities and awareness through the conservation of historical monuments. This preservation effort also includes making distributions to organizations that meet certain exemption criteria. The foundation aims to contribute to the community by promoting learning and appreciation of history, thereby enriching cultural experiences.
Who is the CEO of Ypsilanti Ladies Literary House Foundation?
Carol Cramer is the Director of Ypsilanti Ladies Literary House Foundation.
What is the revenue of Ypsilanti Ladies Literary House Foundation?
Ypsilanti Ladies Literary House Foundation's revenue in 2023 was $73,266.
Who are the executives of Ypsilanti Ladies Literary House Foundation and what are their salaries?
There 80 volunteers at Ypsilanti Ladies Literary House Foundation.
Here are 7 key members and their salaries:
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Where can I find the form 990 for Ypsilanti Ladies Literary House Foundation?
Ypsilanti Ladies Literary House Foundation's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Ypsilanti Ladies Literary House Foundation
The Ypsilanti Ladies Literary House Foundation is committed to preserving historic structures within its city, with a particular focus on the Ladies Literary House structure. The organization's mission is multifaceted, aiming to foster educational and cultural opportunities and awareness. This is achieved by preserving historic monuments, not just for their own sake, but also with the intention of making distributions to organizations that qualify as exempt. This approach allows the foundation to contribute to the broader community and promote a deeper understanding of history and culture. By preserving these historic structures, the Ypsilanti Ladies Literary House Foundation is essentially safeguarding a piece of the city's past, ensuring that future generations can learn from and appreciate it.
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Impact
August, 2024
The Ypsilanti Ladies Literary House Foundation's impact is focused on the preservation of historic structures within the city of Ypsilanti, with a special emphasis on the Ladies Literary House structure. Additionally, the foundation is dedicated to fostering educational and cultural opportunities and awareness through the preservation of historic monuments. This includes making distributions to organizations that qualify as exempt. Through its mission, the foundation contributes to the conservation of the city's rich historical heritage and promotes the arts within the community.
This information is meant to be a general summary of Ypsilanti Ladies Literary House 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 2023.
- Investment Income: $2,167
- Gross Receipts: $73,266
Assets and Liabilities:
- Total Assets: $364,285
- Total Liabilities: $0
- Net Assets: $364,285
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Organization Details
Founding Year
2016
Phone
(734) 482-7615Principal Officer
Carol Cramer
Main Address
218 N WASHINGTON ST, YPSILANTI, MI, 48197
NTEE Category
Code: A80 - Arts
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