The Inverness Foundation

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

EIN: 946128974 ✦ Inverness, CA ✦ Designated as a 501(c)(3)

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Overview

What is The Inverness Foundation?

The Inverness Foundation is a non-profit organization based in Inverness, California. In the given year, their main focus was on the preservation and maintenance of their historic building, The Gables, which houses the Marin County Public Library and the Jack Mason Museum of West Marin History. They undertook extensive repairs to address termite and wood-boring insect damage, replacing siding, repainting, and sealing surfaces, and installing a secure door and ramp for improved access and outdoor event readiness. Additionally, the Foundation supported local community programs such as the Youth Tennis program and Youth Sailing scholarships with the Inverness Yacht Club. They also organized a Fire Safety program for the community, although it had to be cancelled due to pandemic regulations. The Jack Mason Museum of West Marin History, a committee of the Foundation, curated four exhibits in the year, showcasing local history, newspapers, the Inverness Fair, and the Bear Valley Ranch, the headquarters of the Pt Reyes National Seashore. Despite the pandemic, the Foundation continues to strive towards maintaining and preserving Inverness, Marin County, California.


Official website here: www.invernessassociation.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 83% (Three-Star out of Four Stars)

The Inverness Foundation has received a Three-Star rating from Charity Navigator, indicating a solid performance in accountability and finance, with a score of 83%. This score is derived entirely from the Accountability & Finance beacon, which assesses various aspects of the organization's financial practices and governance. The foundation has demonstrated strengths in maintaining an independent board and has a notable program expense ratio of 84.43%, suggesting that a significant portion of its funds go directly to its programs.

While the organization excels in several areas, including having no material diversion of assets and an independent board of ten members, there are notable weaknesses in its governance policies. Specifically, the absence of a whistleblower policy and a document retention and destruction policy raises concerns about the organization's commitment to transparency and ethical practices. Additionally, while the tax form is listed on their website, the failure to provide it as stated on Form 990 is a significant oversight.

Overall, The Inverness Foundation shows a commendable dedication to accountability in finances, but improvements in governance policies could enhance its overall rating and public trust. Addressing these limitations would likely strengthen its standing among donors and stakeholders.


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

Is The Inverness Foundation legitimate?

The Inverness Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Inverness 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

For more financial information, click here


Official website here: www.invernessassociation.org

What is the mission statement of The Inverness Foundation?

The Inverness Foundation's mission is dedicated to preserving and maintaining the overall well-being of a specific location, emulating a town or community. In this case, the foundation's primary focus is on a town in Marin County, California. Their activities are geared towards the restoration and maintenance of historical buildings, such as the Gables, which houses a public library and a museum. Furthermore, they engage in community projects, like repairing bridges and ensuring accessibility for all. The foundation also supports various programs, including youth initiatives in tennis and sailing, and organizes educational events, such as fire safety programs and historical exhibitions. However, due to unforeseen circumstances, some events had to be postponed or cancelled. The foundation's museum continues to display exhibitions related to local history, such as the Latino Photo Project, the Inverness Fair, local newspapers, and the history of Bear Valley Ranch.


Official website here: www.invernessassociation.org

Who is the CEO of The Inverness Foundation?

Kathy Hartzell is the President of The Inverness Foundation.


Official website here: www.invernessassociation.org

What is the revenue of The Inverness Foundation?

The Inverness Foundation's revenue in 2021 was $57,356.


Official website here: www.invernessassociation.org

Who are the executives of The Inverness Foundation and what are their salaries?




Official website here: www.invernessassociation.org

Where can I find the form 990 for The Inverness Foundation?

The Inverness Foundation's most recent form 990 was submitted in 2021 and can be accessed here.


Official website here: www.invernessassociation.org

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

Mission Statement of The Inverness Foundation

The Inverness Foundation, a dedicated non-profit organization, is committed to preserving and maintaining the historical town of Inverness, Marin County, California. Their mission is centered around the conservation of the iconic buildings and community infrastructure within their jurisdiction.

In the year 19/20, the Foundation took significant strides in restoring one of their key properties, The Gables. This building houses the Marin County Public Library and the Jack Mason Museum of West Marin History. The restoration efforts focused on addressing issues such as termite and wood-boring insect damage, replacing siding, repainting, and sealing surfaces. Additionally, a rotting window was replaced with a new secure door for attic storage access, and a ramp was installed to facilitate outdoor event preparations.

Beyond the physical restoration of buildings, The Inverness Foundation supports various community programs. They have been instrumental in sponsoring the Youth Tennis program and providing scholarships for Youth Sailing with the Inverness Yacht Club. The Foundation also organized a Fire Safety program for the community, which unfortunately had to be cancelled due to pandemic regulations. Furthermore, they have curated several exhibits at the Jack Mason Museum of West Marin History, showcasing the town's rich history and cultural heritage.

In summary, The Inverness Foundation is a vital entity in the preservation and enrichment of Inverness, Marin County, California. Through their restoration efforts, community support programs, and historical exhibits, they are dedicated to maintaining the town's unique charm and character for future generations.

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Impact




June, 2024

The Inverness Foundation has a significant impact on the preservation and maintenance of Inverness, Marin County, California. In the year 19/20, the foundation accomplished various remedial work on its historic building, The Gables, including addressing termite and wood-boring insect damage, replacing siding, repainting, and sealing surfaces. Additionally, the foundation worked on replacing bits and pieces of bridges in the community and supported youth programs and scholarships with organizations like the Inverness Yacht Club. The Jack Mason Museum of West Marin History, a committee of the foundation, curated multiple exhibits throughout the year, showcasing the local history of Inverness and surrounding areas.

Overall, the Inverness Foundation's impact can be seen in its dedication to preserving the cultural heritage and history of Inverness, enhancing community spaces, and supporting educational initiatives for the youth.




This information is meant to be a general summary of The Inverness 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
$50,136 (2022)
Expenses
$19,097 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2021.

  • Investment Income: $6,091
  • Program Service Revenue: $15,184
  • Gross Receipts: $69,939

Assets and Liabilities:

  • Total Assets: $1,084,085
  • Total Liabilities: $100
  • Net Assets: $1,083,985

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Programs

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

Membership Dues & Assessments

Revenue

$13,450

Miscellaneous Income

Revenue

$1,734

Organization Details

Founding Year

1966

Principal Officer

Kathy Hartzell

Main Address

POST OFFICE BOX 382, INVERNESS, CA, 94937

NTEE Category

Code: C30 - Environment

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