Overview
What is Loris Historical Society Archives Libraries & Museum Inc?
Loris Historical Society Archives Libraries & Museum Inc, based in Loris, South Carolina, is a nonprofit organization with a mission to preserve and celebrate the town's history. This is achieved by organizing and hosting events that focus on preserving historic buildings and other significant elements of Loris's past. The organization serves as a vital resource for the community, contributing to the cultural richness and historical awareness of the town and its residents.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 0 stars
The Loris Historical Society Archives Libraries & Museum Inc has received a very low rating of 10%, resulting in a zero-star designation. This score indicates significant concerns regarding the organization's accountability and financial practices, with several key governance practices lacking. For instance, there are no independent board members, and essential policies such as a conflict of interest policy, whistleblower policy, and document retention policy are missing, which raises questions about transparency and oversight.
Additionally, the organization has not made its board meeting minutes or the tax form available on its website, further contributing to its poor rating. The liabilities to assets ratio is concerning at 94.23%, suggesting that the organization may have financial instability. Furthermore, the program expense ratio stands at 0.00%, indicating that no funds are being directed towards its programs, which is critical for fulfilling its mission.
Overall, the Loris Historical Society Archives Libraries & Museum Inc faces significant challenges in governance and financial health, which may hinder its effectiveness and trustworthiness as a nonprofit organization. Potential donors and stakeholders should carefully consider these factors before engaging with the organization.
This AI summary has been generated from information found on Charity Navigator.
Is Loris Historical Society Archives Libraries & Museum Inc legitimate?
Loris Historical Society Archives Libraries & Museum Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Loris Historical Society Archives Libraries & Museum 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:
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What is the mission statement of Loris Historical Society Archives Libraries & Museum Inc?
The Loris Historical Society Archives Libraries & Museum Inc is committed to preserving historic buildings and other related artifacts in its mission. By organizing events, this non-profit organization aims to safeguard the town's historical heritage. Their activities serve to educate and engage the community in the appreciation of their local history, thereby contributing to a richer cultural understanding. The society actively seeks to protect and showcase the town's past for future generations to learn from and enjoy.
Who is the CEO of Loris Historical Society Archives Libraries & Museum Inc?
James Edwards is the President of Loris Historical Society Archives Libraries & Museum Inc.
What is the revenue of Loris Historical Society Archives Libraries & Museum Inc?
Loris Historical Society Archives Libraries & Museum Inc's revenue in 2022 was $32,049.
Who are the executives of Loris Historical Society Archives Libraries & Museum Inc and what are their salaries?
Here are 6 key members and their salaries:
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Where can I find the form 990 for Loris Historical Society Archives Libraries & Museum Inc?
Loris Historical Society Archives Libraries & Museum Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Loris Historical Society Archives Libraries & Museum Inc
The Loris Historical Society Archives, Libraries & Museum Inc is dedicated to preserving historic buildings and other significant elements in the town of Loris, South Carolina. This nonprofit organization undertakes various events to achieve this mission, playing a crucial role in the community's historical conservation efforts. By organizing these events, the Loris Historical Society aims to protect and showcase the town's rich heritage for future generations to appreciate and learn from.
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Impact
August, 2024
The impact of the Loris Historical Society Archives Libraries & Museum Inc is significant in preserving the history and heritage of the town of Loris, SC. Through organizing events and maintaining historic buildings, the organization plays a crucial role in educating the community about its past and ensuring that important cultural resources are preserved for future generations. Their efforts contribute to the cultural richness of the town and help foster a sense of pride and connection among residents.
This information is meant to be a general summary of Loris Historical Society Archives Libraries & Museum 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: $1
- Gross Receipts: $32,049
Assets and Liabilities:
- Total Assets: $67,332
- Total Liabilities: $63,449
- Net Assets: $3,883
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Organization Details
Founding Year
2019
Phone
(843) 248-5016Principal Officer
James Edwards
Main Address
4242 MAIN STREET, LORIS, SC, 29569
NTEE Category
Code: A50 - Arts
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