Overview
What is Abilene Heritage Square Inc?
Abilene Heritage Square Inc is a nonprofit organization located in Abilene, Texas. Their primary mission is to raise funds for the rehabilitation and construction of a new space for the main branch of the Abilene Public Library. This initiative aims to expand educational opportunities, particularly for children, stimulate economic and social revival in the surrounding neighborhood, and offer a community gathering space. By providing a modern library facility, Abilene Heritage Square Inc intends to contribute to the overall development of the community and foster a love for learning among its citizens.
Official website here: www.abileneheritagesquare.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 87% (Three-Star out of Four Stars)
Abilene Heritage Square Inc has received an 87% rating from Charity Navigator, indicating a strong performance in accountability and finance. The organization demonstrates excellent governance, with 100% of its board members being independent and a well-structured board size of 25 members. Notably, there have been no material diversions of assets, showcasing the charity's integrity in managing its resources.
The organization excels in its financial health, with a program expense ratio of 79.33%, ensuring that a significant portion of its funds is directed towards its mission. Additionally, it boasts a remarkable liabilities to assets ratio of 0.00%, indicating solid financial stability. The charity's fundraising efficiency is also commendable, with no recorded costs associated with fundraising, allowing for maximized resource allocation.
While the rating reflects strong overall performance, potential donors and supporters may want to consider ongoing initiatives and community impact when evaluating their engagement with Abilene Heritage Square Inc. The high standards of governance and financial management set a positive tone for the charity's operations and future growth.
This AI summary has been generated from information found on Charity Navigator.
Is Abilene Heritage Square Inc legitimate?
Abilene Heritage Square Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Abilene Heritage Square 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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For more financial information, click here
Official website here: www.abileneheritagesquare.org
What is the mission statement of Abilene Heritage Square Inc?
Abilene Heritage Square Inc's mission is centered around providing a new home for the main branch of a local public library, expanding educational opportunities for the community, particularly for children, promoting economic and social revival in the surrounding neighborhood, and offering community gathering spaces. The organization aims to achieve these objectives by raising funds to rehabilitate and construct the necessary space for the future library and public programs.
Official website here: www.abileneheritagesquare.org
Who is the CEO of Abilene Heritage Square Inc?
Jane Beard is the Director of Abilene Heritage Square Inc.
Official website here: www.abileneheritagesquare.org
What is the revenue of Abilene Heritage Square Inc?
Abilene Heritage Square Inc's revenue in 2023 was $6,200,351.
Official website here: www.abileneheritagesquare.org
Who are the executives of Abilene Heritage Square Inc and what are their salaries?
There 40 volunteers at Abilene Heritage Square Inc.
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Official website here: www.abileneheritagesquare.org
Where can I find the form 990 for Abilene Heritage Square Inc?
Abilene Heritage Square Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.abileneheritagesquare.org
Learn more at the official website: www.abileneheritagesquare.org
Mission Statement of Abilene Heritage Square Inc
Abilene Heritage Square Inc, a nonprofit organization, is committed to serving its community in a multifaceted manner. Its primary mission is to provide a new home for the main branch of the Abilene Public Library, thereby expanding educational opportunities for local citizens, particularly children. This initiative is not only beneficial for the acquisition of knowledge but also contributes to the economic and social revival of the surrounding neighborhood.
In addition to its library focus, Abilene Heritage Square Inc aims to offer community gathering space. This provision of a communal area fosters a sense of belonging and interaction among the community members, encouraging a more cohesive and engaged society. By providing such a space, the organization contributes to the overall well-being and development of the community.
Furthermore, Abilene Heritage Square Inc is dedicated to expanding educational opportunities beyond the library. It seeks to raise funds for the rehabilitation and construction of the space required for these programs. By investing in the community's education, the organization aims to empower its citizens and facilitate their personal growth and development.
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Impact
July, 2024
Abilene Heritage Square Inc's impact lies in providing a new home for the main branch of the Abilene Public Library, expanding educational opportunities for area citizens, contributing to the economic and social revival of the surrounding neighborhood, and offering a community gathering space. Through fundraising efforts to rehabilitate and construct the space for the future library and public programs, this organization is instrumental in enhancing access to knowledge, fostering community engagement, and revitalizing the local area.
This information is meant to be a general summary of Abilene Heritage Square 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 2023.
- Investment Income: $502,261
- Gross Receipts: $6,437,623
Assets and Liabilities:
- Total Assets: $56,412,261
- Total Liabilities: $0
- Net Assets: $56,412,261
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Organization Details
Founding Year
2017
Phone
(325) 677-1367Principal Officer
Jane Beard
Main Address
PO BOX 1699, ABILENE, TX, 796041699
NTEE Category
Code: A80 - Arts
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