Overview
What is Preservation Trust Of Vermont Inc?
Preservation Trust of Vermont Inc, based in Burlington, Vermont, is a dedicated nonprofit organization with a mission to initiate and support local and statewide efforts to preserve and utilize the state's valuable resources. In partnership with major foundations, they distribute direct financial aid to over 130 towns, individuals, and organizations, enabling restoration and rehabilitation projects across Vermont. Their primary activity involves stimulating and aiding efforts to preserve the state's rich collection of historic, architectural, cultural, and community resources. As of the provided data, they employ a team of eight individuals, contributing to the preservation and enhancement of Vermont's heritage.
Official website here: www.ptvermont.org
What are the reviews and ratings of this charity?
Charity Navigator Rating 90%
The Preservation Trust of Vermont Inc has achieved a Four-Star out of Four Star rating from Charity Navigator, reflecting a strong overall performance in accountability and finance. With a score of 90%, the organization demonstrates effective management of its resources and transparency in operations, which is highlighted by its robust independent board and strong fiscal practices.
Strengths include a high program expense ratio of 87.17%, indicating that the majority of its funds are directly used for programs rather than administrative costs. Additionally, the organization has a commendable fundraising efficiency ratio of $0.04, showcasing its effectiveness in raising funds relative to expenses. The absence of material asset diversion and the implementation of various policies, including conflict of interest and whistleblower protections, further affirm its commitment to ethical governance.
However, while the organization's financial health appears solid with a low liabilities to assets ratio and a favorable working capital ratio, ongoing attention to maintaining these standards is crucial. Continuous improvement in outreach and program impact may also enhance its mission effectiveness, ensuring that it adapts to evolving community needs.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about Preservation Trust Of Vermont Inc?
100% of 7 reviewers on Facebook recommend Preservation Trust of Vermont Inc. Here’s a summary of their insights:
Supporters praise the organization for its commitment to preserving the historical integrity of downtown areas and the built environment. The nonprofit has made a positive impact in the community, with many noting its effective programs and initiatives that promote preservation efforts.
Overall, the sentiment towards Preservation Trust of Vermont Inc. is overwhelmingly positive, with users expressing strong support for its mission and accomplishments. The organization appears to be successfully delivering on its goals, according to the testimonials shared by its community.
This AI summary has been generated from reviews found on Facebook.
Is Preservation Trust Of Vermont Inc legitimate?
Preservation Trust Of Vermont Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Preservation Trust Of Vermont 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:
Executive Compensation: $143,639
Professional Fundraising Fees: $0
Other Salaries and Wages: $353,337
For more financial information, click here
Official website here: www.ptvermont.org
What is the mission statement of Preservation Trust Of Vermont Inc?
The Preservation Trust of Vermont Inc. is dedicated to initiating and assisting in both local and statewide efforts to preserve and utilize Vermont's valuable resources. Their mission extends to stimulating and aiding the preservation of Vermont's rich collection of historic, architectural, cultural, and community resources. In collaboration with major foundations, the organization provides direct support through preservation grants to over 130 towns, individuals, and organizations, aiding in restoration and rehabilitation projects across the state.
Official website here: www.ptvermont.org
What is the revenue of Preservation Trust Of Vermont Inc?
Preservation Trust Of Vermont Inc's revenue in 2023 was $2,236,591.
Official website here: www.ptvermont.org
Who are the executives of Preservation Trust Of Vermont Inc and what are their salaries?
The average compensation at Preservation Trust Of Vermont Inc during 2023 was $49,698. There are 10 employees and 17 volunteers at Preservation Trust Of Vermont Inc.
Here are 19 key members and their salaries:
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- Compensation: $138,868
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Official website here: www.ptvermont.org
Where can I find the form 990 for Preservation Trust Of Vermont Inc?
Preservation Trust Of Vermont Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.ptvermont.org
Learn more at the official website: www.ptvermont.org
Mission Statement of Preservation Trust Of Vermont Inc
The Preservation Trust of Vermont Inc is committed to initiating and assisting local and statewide efforts to preserve and utilize Vermont's resources. Their mission is to stimulate and aid in the preservation of Vermont's vast collection of historic, architectural, cultural, and community resources. Through partnerships with several major foundations, the Preservation Trust of Vermont Inc has distributed direct support to over 130 towns, individuals, and organizations, providing financial assistance for restoration and rehabilitation projects throughout the state. This organization plays a vital role in protecting and promoting Vermont's rich heritage, ensuring its preservation for future generations.
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Impact
July, 2024
Preservation Trust Of Vermont Inc's impact lies in its ability to initiate and assist local and statewide efforts aimed at preserving and utilizing Vermont's resources. Through partnerships with major foundations, the organization has distributed direct support to over 130 towns, individuals, and organizations for restoration and rehabilitation projects throughout the state. Their mission is to stimulate and assist in the preservation and use of Vermont's rich collection of historic, architectural, cultural, and community resources, making a significant impact in the preservation of Vermont's heritage and culture.
This information is meant to be a general summary of Preservation Trust Of Vermont 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: $171,310
- Program Service Revenue: $24,481
- Gross Receipts: $3,254,039
Assets and Liabilities:
- Total Assets: $10,529,720
- Total Liabilities: $149,283
- Net Assets: $10,380,437
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
CONFERENCE & RETREAT FEES
Revenue
$24,481
Organization Details
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