Overview
What is Lompoc Valley Historical Society Inc?
Lompoc Valley Historical Society Inc is a nonprofit organization situated in Lompoc, California. Their primary mission is to foster a sense of community among individuals with a passion for the area's history. They collect and safeguard historical media and artifacts, aiming to preserve the rich heritage of the Lompoc Valley and its surroundings. The Society restores and maintains historical structures, furniture, carriages, and farm implements, showcasing the region's past. Volunteers donate around 1000 hours annually to uphold these efforts.
Official website here: www.lompochistory.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 65%, Two-Star out of Four Star rating.
The Lompoc Valley Historical Society Inc has received a moderate rating of 65%, indicating some areas of strength but also notable weaknesses in governance and financial practices. The organization boasts a highly independent board, with 94% of its members being independent, and has no reported material diversion of assets, which reflects good financial stewardship. Their website is listed on the tax form, providing transparency in some aspects of their operations.
However, significant concerns arise from the missing conflict of interest and whistleblower policies, along with the absence of a document retention and destruction policy. These omissions can affect the organization's accountability and overall governance structure. Additionally, the organization has not made its tax form available on its website, which could limit accessibility to important financial information for donors and stakeholders. The program expense ratio stands at 61.52%, indicating that a little over half of their expenses go directly towards their programs, which is below ideal for many nonprofits.
This AI summary has been generated from information found on Charity Navigator.
Is Lompoc Valley Historical Society Inc legitimate?
Lompoc Valley Historical Society Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Lompoc Valley Historical Society 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.
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For more financial information, click here
Official website here: www.lompochistory.org
What is the mission statement of Lompoc Valley Historical Society Inc?
The Lompoc Valley Historical Society Inc is dedicated to fostering a sense of community among individuals with an interest in the history of their local area and beyond. Their primary mission is to collect and preserve historical media and artifacts, ensuring these valuable pieces of the past are safeguarded for future generations. The society actively engages volunteers, known as docents, who donate approximately 1000 hours annually, to restore and maintain historical buildings, furniture, vehicles, and farming equipment. This organization plays a significant role in preserving the rich historical heritage of its community.
Official website here: www.lompochistory.org
Who is the CEO of Lompoc Valley Historical Society Inc?
Ken Ostini is the President of Lompoc Valley Historical Society Inc.
Official website here: www.lompochistory.org
What is the revenue of Lompoc Valley Historical Society Inc?
Lompoc Valley Historical Society Inc's revenue in 2023 was $19,561.
Official website here: www.lompochistory.org
Who are the executives of Lompoc Valley Historical Society Inc and what are their salaries?
There 20 volunteers at Lompoc Valley Historical Society Inc.
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Official website here: www.lompochistory.org
Where can I find the form 990 for Lompoc Valley Historical Society Inc?
Lompoc Valley Historical Society Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.lompochistory.org
Learn more at the official website: www.lompochistory.org
Mission Statement of Lompoc Valley Historical Society Inc
The Lompoc Valley Historical Society Inc is committed to fostering a sense of community among individuals who share an interest in the history of the Lompoc Valley and its surrounding areas. This nonprofit organization plays a crucial role in the collection and preservation of historical media and artifacts, serving as a guardian of the past for future generations.
To fulfill its mission, the Lompoc Valley Historical Society Inc dedicates its efforts to restoring and maintaining various historical relics. This includes old houses, authentic furniture, carriages, and farm implements. The organization relies on the generous contributions of its docents, who donate approximately 1000 hours of their time to ensure the preservation of these valuable historical treasures.
In essence, the Lompoc Valley Historical Society Inc serves as a bridge between the past and the present, providing a window into the rich history of the Lompoc Valley and its surrounding area. By collecting and preserving historical media and artifacts, the organization ensures that the stories and experiences of the past are not forgotten, but rather, are passed down to future generations to appreciate and learn from.
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Impact
August, 2024
The Lompoc Valley Historical Society Inc has a significant impact on preserving the history of the Lompoc Valley and its surrounding area. Through its activities of collecting and preserving historical media and artifacts, restoring and maintaining old historical houses, authentic furnishings, carriages, and farm implements, the society plays a crucial role in ensuring that the heritage of the region is safeguarded for future generations. Additionally, the approximately 1000 docent hours donated by volunteers further demonstrate the dedication and commitment of the community towards preserving and sharing the rich history of the Lompoc Valley.
This information is meant to be a general summary of Lompoc Valley Historical Society 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: $212
- Program Service Revenue: $6,935
- Gross Receipts: $25,002
Assets and Liabilities:
- Total Assets: $757,172
- Total Liabilities: $0
- Net Assets: $757,172
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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
$3,825
MEMORIAL
Revenue
$3,110
Organization Details
Founding Year
1965
Phone
(805) 737-1170Principal Officer
Ken Ostini
Main Address
PO BOX 88, LOMPOC, CA, 93438
Website
www.lompochistory.orgIf you are a representative of Lompoc Valley Historical Society Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.