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Historic Fourth Ward School Foundation

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 880463462 ✦ Virginia city, NV ✦ Designated as a 501(c)(3)

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Overview

What is Historic Fourth Ward School Foundation?

The Historic Fourth Ward School Foundation, situated in Virginia City, Nevada, serves as a nonprofit organization with a mission to bridge the significance of the Comstock story. They achieve this through preserving authentic artifacts, creating engaging exhibitions, providing interactive programs, and maintaining an archival research center. The foundation attracts a diverse audience, with 9,714 visitors annually, including 2,479 students and children. Their outreach extends beyond physical visits, offering digital programming such as a Virtual Museum Tour and Nevada History Videos. With a dedicated team of 12 employees, the Historic Fourth Ward School Foundation strives to educate and engage people in the rich history of the Comstock region.


Official website here: www.fourthwardschool.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 81% (Three-Star out of Four Star rating)

The Historic Fourth Ward School Foundation has received a commendable score of 81%, reflecting a solid Three-Star rating based on their accountability and finance metrics. This rating highlights the foundation's commitment to transparency and responsible financial management, evidenced by a perfect score for having a majority of independent board members and a low liabilities to assets ratio of just 0.05%.

Strengths of the organization include a fully independent board and comprehensive policies in place for conflict of interest, whistleblower protection, and document retention. Additionally, the foundation allocates a substantial portion of its expenses—73.20%—toward its programs, indicating a focus on effective mission delivery rather than administrative overhead.

While the organization appears to operate effectively and ethically, the single beacon score suggests that there may be limited data on other aspects of its performance, which could provide a more rounded view of its overall impact. Nonetheless, the strong accountability practices and financial health position the Historic Fourth Ward School Foundation as a trustworthy nonprofit.


This AI summary has been generated from information found on Charity Navigator.

Is Historic Fourth Ward School Foundation legitimate?

Historic Fourth Ward School Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Historic Fourth Ward School 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: $68,033
Professional Fundraising Fees: $0
Other Salaries and Wages: $76,206

For more financial information, click here


Official website here: www.fourthwardschool.org

What is the mission statement of Historic Fourth Ward School Foundation?

The Historic Fourth Ward School Foundation's mission is centered around connecting people to the significance and value of the Comstock story. They achieve this through the preservation of authentic historical artifacts, engaging exhibitions, insightful programs, and an archival research center. By doing so, they aim to educate and inspire individuals about this important historical narrative. The foundation welcomed a substantial number of visitors and offered educational programs for both children and adults, further expanding public access and knowledge through digital platforms.


Official website here: www.fourthwardschool.org

Who is the CEO of Historic Fourth Ward School Foundation?

Theodora Stefu is the Executive Director of Historic Fourth Ward School Foundation.


Official website here: www.fourthwardschool.org

What is the revenue of Historic Fourth Ward School Foundation?

Historic Fourth Ward School Foundation's revenue in 2022 was $507,450.


Official website here: www.fourthwardschool.org

Who are the executives of Historic Fourth Ward School Foundation and what are their salaries?

The average compensation at Historic Fourth Ward School Foundation during 2022 was $12,020. There are 12 employees and 6 volunteers at Historic Fourth Ward School Foundation.


Here are 9 key members and their salaries:


Theodora Stefu (Executive Director)
  • Compensation: $65,583
  • Related: $0
  • Other: $2,450
Margo Memmott (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Marney Hansen Martinez (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ron Gallagher (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sharon Snell (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Pete Leonard (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Deny Dotson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tom Tompson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jay Carmona (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.fourthwardschool.org

Where can I find the form 990 for Historic Fourth Ward School Foundation?

Historic Fourth Ward School Foundation's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.fourthwardschool.org

Learn more at the official website: www.fourthwardschool.org

Mission Statement of Historic Fourth Ward School Foundation

The Historic Fourth Ward School Foundation is committed to bridging the connection between individuals and the significance of the Comstock story. They achieve this mission through the preservation of authentic artifacts, the creation of engaging exhibitions, the delivery of interpretive programs, and the operation of an archival research center. By doing so, the foundation aims to educate and enlighten visitors about this historical narrative, fostering a deeper understanding and appreciation of its relevance. The foundation's efforts extend beyond its physical space, as it also offers digital programming such as a Virtual Museum Tour and a series of Nevada History Videos, thereby expanding its reach and making educational resources more accessible to a wider audience.

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Impact




July, 2024

The Historic Fourth Ward School Foundation is making a significant impact by connecting people to the relevance and importance of the Comstock story through its authentic preservation, interactive exhibitions, interpretive programs, and archival research center. In a recent period, the museum welcomed 9,714 visitors, including 2,479 students and children on public tours. Additional program activities for youth and adults served 294 guests. The foundation also expanded public access and education through new digital programming such as a Virtual Museum Tour and a series of Nevada History Videos. This effort is crucial for preserving history and educating the public about the rich cultural heritage of the Comstock story.




This information is meant to be a general summary of Historic Fourth Ward School 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.

Revenue
$507,450 (2022)
Expenses
$371,226 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $14
  • Program Service Revenue: $58,003
  • Gross Receipts: $517,870

Assets and Liabilities:

  • Total Assets: $2,921,594
  • Total Liabilities: $2,383
  • Net Assets: $2,919,211

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

Admissions

Revenue

$46,098

Group Tours

Revenue

$2,468

Memberships

Revenue

$1,902

Program events

Revenue

$7,535

Organization Details

Founding Year

2000

Principal Officer

Theodora Stefu

Main Address

PO BOX 4, Virginia City, NV, 894400004

NTEE Category

Code: A80 - Arts

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