Overview
What is Friends Of Oxmoor Foundation Inc?
Friends of Oxmoor Foundation Inc is a nonprofit organization headquartered in Louisville, Kentucky. Their primary mission is to preserve, protect, and promote the historic 79-acre Oxmoor property, which includes 13 original outbuildings and gardens that date back 235 years. They accomplish this by organizing public lectures, in collaboration with The Filson, publishing a newsletter, and arranging periodic public tours of the gardens and facilities at Oxmoor. The foundation is dedicated to creating educational programs and experiences that encourage public engagement with this significant historical site. With a small team of one dedicated individual, they strive to share the rich history and beauty of Oxmoor with the community.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 56% (One-Star out of Four Star rating)
Friends Of Oxmoor Foundation Inc has received a low rating of 56%, indicating significant concerns regarding its accountability and financial practices. The charity has a notably poor score for governance, with no independent board members and missing crucial financial statements. While it does have a policy in place for conflicts of interest, other essential policies such as those for whistleblower protection and document retention are absent.
On a more positive note, the organization demonstrates strong financial health, with a program expense ratio of 93.23%. This suggests that a substantial majority of its expenditures are directed towards its programs rather than administrative costs, which is a strength. However, the lack of transparency in financial reporting and governance structures raises important questions about its operational integrity.
Overall, while Friends Of Oxmoor Foundation Inc appears to allocate most of its resources effectively towards its mission, the lack of independent oversight and missing financial documentation are significant drawbacks that potential donors should consider carefully.
This AI summary has been generated from information found on Charity Navigator.
Is Friends Of Oxmoor Foundation Inc legitimate?
Friends Of Oxmoor Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Friends Of Oxmoor 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: $3,101
Professional Fundraising Fees: $0
Other Salaries and Wages: $32,775
For more financial information, click here
What is the mission statement of Friends Of Oxmoor Foundation Inc?
The Friends of Oxmoor Foundation Inc's mission is centered around preserving, protecting, and promoting a 79-acre historic property with 13 original outbuildings and gardens, along with the associated records and materials dating back 235 years. Their primary objective is to create educational programs and experiences that encourage public engagement, allowing individuals to immerse themselves in the rich history and significance of this property.
Who is the CEO of Friends Of Oxmoor Foundation Inc?
Stock Yards Bank Trust Co is the Principal Officer of Friends Of Oxmoor Foundation Inc.
What is the revenue of Friends Of Oxmoor Foundation Inc?
Friends Of Oxmoor Foundation Inc's revenue in 2022 was $556,184.
Who are the executives of Friends Of Oxmoor Foundation Inc and what are their salaries?
The average compensation at Friends Of Oxmoor Foundation Inc during 2022 was $35,876. There is 1 employee at Friends Of Oxmoor Foundation Inc.
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- Compensation: $3,101
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Where can I find the form 990 for Friends Of Oxmoor Foundation Inc?
Friends Of Oxmoor Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Friends Of Oxmoor Foundation Inc
Friends of Oxmoor Foundation Inc is committed to preserving, protecting, and promoting the historical 79-acre Oxmoor Farm property, which dates back 235 years. This foundation houses 13 original outbuildings, gardens, and records associated with the property. Their mission extends beyond preservation, as they aim to develop educational programs and experiences that encourage public engagement with the property's rich history. By engaging the public, they hope to instill an appreciation for the property's significance and the stories it holds.
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Impact
July, 2024
The Friends Of Oxmoor Foundation Inc plays a crucial role in preserving, protecting, and promoting the historic Oxmoor Farm property in Louisville, KY. Through organizing public lectures, publishing newsletters, and arranging public tours of the gardens and facilities, the foundation engages the public in the rich history and significance of the 235-year-old property. Their dedication to creating educational programs and experiences helps to ensure that the legacy of Oxmoor is cherished and appreciated by the community.
This information is meant to be a general summary of Friends Of Oxmoor 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $3,413
- Gross Receipts: $787,765
Assets and Liabilities:
- Total Assets: $719,487
- Total Liabilities: $0
- Net Assets: $719,487
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Organization Details
Founding Year
2016
Phone
(502) 625-2282Principal Officer
Stock Yards Bank Trust Co
Main Address
PO BOX 34290, LOUISVILLE, KY, 402324290
NTEE Category
Code: A80 - Arts
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