Overview
What is Penobscott County Conservation Inc Trust Fund?
Penobscott County Conservation Inc Trust Fund is a nonprofit organization located in Brewer, Maine. Their primary focus is on supporting education and conservation efforts in the field of wildlife and forestry. They offer 22 scholarships worth $1,000 each to students studying in these areas at the University of Maine Orono. Additionally, they provide camperships to conservation camps, contributing to the practical aspects of conservation. The organization also supports various wildlife management programs and practices, promoting conservation education and practices in the community.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 53%, One-Star out of Four Star rating.
The Penobscott County Conservation Inc Trust Fund has received a score of 53%, which indicates significant areas for improvement in its accountability and finance practices. The rating reflects concerns such as the complete lack of independent board members and missing essential governance policies, including conflict of interest and whistleblower policies. These deficiencies contribute to the organization's low overall score and raise questions about its operational transparency and stakeholder trust.
However, the organization does demonstrate some strengths, particularly in its financial management, with a program expense ratio of 88.27%. This suggests that the majority of its resources are dedicated to its conservation programs, which is a positive indicator of its commitment to mission-driven activities. The absence of material asset diversion also reflects sound financial practices in that area.
Despite these strengths, the missing elements regarding governance and transparency highlight potential risks. Without proper policies and independent oversight in place, the organization may struggle to build confidence among donors and the community it serves. Addressing these governance issues could enhance the trustworthiness and effectiveness of the Penobscott County Conservation Inc Trust Fund going forward.
This AI summary has been generated from information found on Charity Navigator.
Is Penobscott County Conservation Inc Trust Fund legitimate?
Penobscott County Conservation Inc Trust Fund is a legitimate nonprofit organization registered as a 501(c)(3) entity. Penobscott County Conservation Inc Trust Fund 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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Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
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What is the mission statement of Penobscott County Conservation Inc Trust Fund?
The Penobscott County Conservation Inc Trust Fund's mission is centered around conservation education. It achieves this through offering scholarships to students pursuing wildlife and conservation-related studies at the University of Maine Orono. Furthermore, the trust fund supports conservation camps by providing camperships, contributing to wildlife management programs and practices, and promoting conservation practices and education.
Who is the CEO of Penobscott County Conservation Inc Trust Fund?
Woody Higgins is the President of Penobscott County Conservation Inc Trust Fund.
What is the revenue of Penobscott County Conservation Inc Trust Fund?
Penobscott County Conservation Inc Trust Fund's revenue in 2023 was $32,985.
Who are the executives of Penobscott County Conservation Inc Trust Fund and what are their salaries?
Here are 5 key members and their salaries:
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Where can I find the form 990 for Penobscott County Conservation Inc Trust Fund?
Penobscott County Conservation Inc Trust Fund's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Penobscott County Conservation Inc Trust Fund
Penobscott County Conservation Inc Trust Fund is dedicated to promoting conservation education and practices. The organization achieves this mission through various means. One of their primary activities is providing scholarships to local colleges for students pursuing degrees in wildlife and conservation. These scholarships, worth $1,000 each, support the educational aspirations of future conservationists.
In addition to scholarships, Penobscott County Conservation Inc Trust Fund also supports conservation camps. They offer camperships to individuals who wish to attend these camps, fostering hands-on learning and practical experience in conservation. This commitment to education extends beyond scholarships and camps, as they also contribute to wildlife management programs and practices.
By investing in the education of future conservationists and providing opportunities for hands-on learning, Penobscott County Conservation Inc Trust Fund plays a vital role in promoting conservation practices. Their support of wildlife management programs and practices further reinforces their commitment to preserving the environment for future generations.
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Impact
August, 2024
The Penobscott County Conservation Inc Trust Fund has had a significant impact on conservation education and practices through scholarships to college students, camperships to conservation camps, and contributions to wildlife management programs. In particular, the fund provides 22 scholarships at $1,000 each to students at the University of Maine Orono studying Wildlife Forestry and Conservation. This support not only helps individual students pursue their academic goals but also contributes to the overall advancement of conservation efforts in the region.
This information is meant to be a general summary of Penobscott County Conservation Inc Trust Fund. 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: $31,985
- Gross Receipts: $32,985
Assets and Liabilities:
- Total Assets: $709,073
- Total Liabilities: $0
- Net Assets: $709,073
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Organization Details
Founding Year
1962
Phone
(207) 843-7270Principal Officer
Woody Higgins
Main Address
PO BOX 605, BREWER, ME, 044120605
NTEE Category
Code: T900 - Philanthropy
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