Overview
What is Nantucket Conservation Foundation Inc?
The Nantucket Conservation Foundation Inc, a nonprofit organization based in Nantucket, Massachusetts, plays a significant role in maintaining the island's natural beauty and preserving its character. With over 9,000 acres under their stewardship, they manage open spaces, trail systems, and beaches, offering visitors opportunities to appreciate the island's natural resources. Their mission is to conserve, maintain, and manage these areas, fostering a greater appreciation for Nantucket's unique ecosystems. The organization, with a team of 24 dedicated individuals, works diligently to preserve the island's natural charm and promote environmental stewardship.
Official website here: www.nantucketconservation.org
What are the reviews and ratings of this charity?
Charity Navigator Rating 90% - Four-Star out of Four Star rating
Nantucket Conservation Foundation Inc has achieved a commendable Four-Star rating from Charity Navigator, indicating a strong commitment to accountability and financial health. The organization scored 90% overall, reflecting its effectiveness in managing resources responsibly. Significant highlights include a perfect score for having a majority of independent board members, robust financial oversight practices, and no material diversion of assets, showcasing a commitment to ethical governance.
The foundation demonstrates a solid program expense ratio of 62.16%, indicating that a significant portion of its funding is directed toward its conservation efforts. Additionally, it maintains an impressive fundraising efficiency ratio of just $0.08, suggesting that the foundation is able to raise funds effectively with minimal expense. Its high working capital ratio of 37.05 years indicates strong financial stability and the ability to sustain operations without immediate financial pressure.
However, while the foundation exhibits excellent governance practices and financial management, the program expense ratio may raise some questions about the proportion of funds spent directly on programs versus administrative costs. Overall, the Nantucket Conservation Foundation Inc stands out as a well-managed nonprofit dedicated to its mission of conservation.
This AI summary has been generated from information found on Charity Navigator.
Is Nantucket Conservation Foundation Inc legitimate?
Nantucket Conservation Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Nantucket Conservation Foundation 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: $211,150
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,327,790
For more financial information, click here
Official website here: www.nantucketconservation.org
What is the mission statement of Nantucket Conservation Foundation Inc?
The Nantucket Conservation Foundation's mission revolves around preserving the natural character of a specific region. Its primary goal is to conserve, maintain, and manage natural areas, foster an appreciation for the island's natural resources, and contribute to their preservation. To achieve this, the foundation manages over 9,000 acres of open spaces, trails systems, and beaches, ensuring they remain accessible for visitors to enjoy.
Official website here: www.nantucketconservation.org
Who is the CEO of Nantucket Conservation Foundation Inc?
Cormac Collier is the Chairman of Nantucket Conservation Foundation Inc. The CEO's salary of Nantucket Conservation Foundation Inc is $211,149 and their total compensation is $241,936.
Official website here: www.nantucketconservation.org
What is the revenue of Nantucket Conservation Foundation Inc?
Nantucket Conservation Foundation Inc's revenue in 2022 was $9,623,149.
Official website here: www.nantucketconservation.org
Who are the executives of Nantucket Conservation Foundation Inc and what are their salaries?
The average compensation at Nantucket Conservation Foundation Inc during 2022 was $64,122. There are 24 employees and 25 volunteers at Nantucket Conservation Foundation Inc.
Here are 29 key members and their salaries (Nantucket Conservation Foundation Inc's CEO's salary is $211,149 and their total compensation is $241,936):
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- Compensation: $211,149
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- Other: $25,537
Official website here: www.nantucketconservation.org
Where can I find the form 990 for Nantucket Conservation Foundation Inc?
Nantucket Conservation Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.nantucketconservation.org
Learn more at the official website: www.nantucketconservation.org
Mission Statement of Nantucket Conservation Foundation Inc
The Nantucket Conservation Foundation Inc, a dedicated organization, is committed to preserving the unique character of Nantucket by conserving, maintaining, and managing natural areas. Its mission is threefold: to conserve open spaces, trails systems, and beaches; to encourage an appreciation of the island's natural resources; and to ensure that these precious areas are accessible for visitors to enjoy. In practice, the Foundation manages over 9,000 acres of land, offering a variety of outdoor spaces for all to experience.
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Impact
June, 2024
Nantucket Conservation Foundation Inc's impact is significant in preserving Nantucket's character by conserving, maintaining, and managing over 9,000 acres of open space, trail systems, and beaches for visitors to enjoy. Their efforts facilitate the appreciation of the island's natural resources and contribute to the protection of the environment in Nantucket, Massachusetts.
This information is meant to be a general summary of Nantucket Conservation Foundation 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 2022.
- Investment Income: $2,953,592
- Program Service Revenue: $144,770
- Gross Receipts: $13,924,236
Assets and Liabilities:
- Total Assets: $152,026,013
- Total Liabilities: $227,526
- Net Assets: $151,798,487
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
WAUWINET GATEHOUSE
Revenue
$120,000
PRODUCT SALES
Revenue
$23,788
CRANBERRY REVENUE
Revenue
$982
Organization Details
Founding Year
1963
Phone
(508) 228-2884Principal Officer
Cormac Collier
Main Address
PO BOX 13 118 CLIFF ROAD, NANTUCKET, MA, 02554
NTEE Category
Code: C300 - Environment
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