Overview
What is Whitefish Lake Institute?
The Whitefish Lake Institute is a non-profit organization based in Whitefish, Montana, dedicated to the preservation and enhancement of Whitefish Lake and the surrounding water resources. Established in 2005, the institute is driven by three core strategies: scientific research, education, and aquatic resource initiatives. Led by a volunteer Board of Directors and a Science Advisory Committee, the Whitefish Lake Institute aims to protect and improve water resources for current and future generations. Although it does not function as an advocacy group, it invests in programs that align with its mission, funded by members, grants, special events, and partnerships with other organizations and resource agencies. The organization is focused on creating a sustainable water legacy for the Whitefish area.
Official website here: www.whitefishlake.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 76% (Three-Star out of Four Stars)
The Whitefish Lake Institute has received a Three-Star rating from Charity Navigator, indicating a moderate level of accountability and financial health. The organization demonstrates strong governance with an independent board composed entirely of independent members and has shown no material diversion of assets, reflecting a commitment to ethical management. The high program expense ratio of 94.79% suggests that most of the charity's resources are directed towards its programs rather than administrative costs.
However, there are notable weaknesses in the organization’s governance policies. The absence of a conflict of interest policy, whistleblower policy, and document retention and destruction policy raises concerns about transparency and accountability. Additionally, the lack of a posted tax form on the nonprofit’s website may hinder access to essential financial information for potential donors and stakeholders.
Overall, while the Whitefish Lake Institute shows strengths in its financial management and independent governance, improvements in its policy framework and public financial reporting could enhance its credibility and operational effectiveness.
This AI summary has been generated from information found on Charity Navigator.
Is Whitefish Lake Institute legitimate?
Whitefish Lake Institute is a legitimate nonprofit organization registered as a 501(c)(3) entity. Whitefish Lake Institute 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: $134,376
For more financial information, click here
Official website here: www.whitefishlake.org
What is the mission statement of Whitefish Lake Institute?
The Whitefish Lake Institute is a non-profit organization dedicated to the protection and enhancement of Whitefish Lake and its surrounding water resources. Established in 2005, it is driven by a mission to safeguard these resources for today and envision a future-ready vision. The Institute operates through three key program areas: scientific research, education, and aquatic resource initiatives. It works towards achieving its goals by establishing programs suitable for each focus area. The organization is funded by a diverse group of members, research and education grants, special events, and partnerships with other organizations and resource agencies. Essentially, it aims to invest in a clean water legacy for future generations.
Official website here: www.whitefishlake.org
Who is the CEO of Whitefish Lake Institute?
Mike Koopal is the Board Member of Whitefish Lake Institute.
Official website here: www.whitefishlake.org
What is the revenue of Whitefish Lake Institute?
Whitefish Lake Institute's revenue in 2022 was $492,082.
Official website here: www.whitefishlake.org
Who are the executives of Whitefish Lake Institute and what are their salaries?
The average compensation at Whitefish Lake Institute during 2022 was $44,792. There are 3 employees and 60 volunteers at Whitefish Lake Institute.
Here are 10 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.whitefishlake.org
Where can I find the form 990 for Whitefish Lake Institute?
Whitefish Lake Institute's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.whitefishlake.org
Learn more at the official website: www.whitefishlake.org
Mission Statement of Whitefish Lake Institute
The Whitefish Lake Institute, established in 2005, is a science-focused and educational non-profit organization dedicated to preserving and enhancing the water resources of Whitefish Lake and its surrounding areas. With a volunteer board of directors and a science advisory committee, the Institute operates without advocacy, instead working through three key program areas: scientific research, education, and aquatic resource initiatives.
The Whitefish Lake Institute invests in its clean water legacy by developing programs that align with the goals of its mission. It is funded through a diverse range of sources, including member contributions, research and education grants, special events, and partnerships with other organizations and resource agencies. By doing so, the Institute aims to contribute significantly to the protection and improvement of the water resources in its area, while also providing a collective vision for the future.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
July, 2024
The Whitefish Lake Institute is making a significant impact through its commitment to scientific research, education, and aquatic resource initiatives aimed at protecting and enhancing the water resources of Whitefish Lake and the surrounding area. By focusing on these key areas, the institute is working to ensure the sustainability and health of the local water ecosystem, both now and for future generations. Through its non-advocacy approach and collaborations with various stakeholders, the Whitefish Lake Institute is contributing to the collective efforts to preserve clean water sources and promote environmental conservation in the region.
This information is meant to be a general summary of Whitefish Lake Institute. 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 2022.
- Investment Income: $5,460
- Program Service Revenue: $72,031
- Gross Receipts: $492,655
Assets and Liabilities:
- Total Assets: $2,128,780
- Total Liabilities: $2,959
- Net Assets: $2,125,821
Want to help this charity, for free? You can click here to learn more about Give Freely
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
CONTRACTS INCOME
Revenue
$67,531
VIKING CREEK PRESERVE-PROP MG
Revenue
$4,500
Organization Details
Founding Year
2005
Phone
(406) 862-4327Principal Officer
Mike Koopal
Main Address
550 EAST 1ST ST 103, WHITEFISH, MT, 59937
Website
www.whitefishlake.orgNTEE Category
Code: C20 - Environment
If you are a representative of Whitefish Lake Institute 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.