Oldways Preservation And Exchange Trust Inc

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 043031978 ✦ Boston, MA ✦ Designated as a 501(c)(3)

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Overview

What is Oldways Preservation And Exchange Trust Inc?

Oldways Preservation and Exchange Trust Inc. is a nonprofit organization located in Boston, Massachusetts. Their primary mission is to promote and preserve traditional, sustainable, and healthful eating and lifestyle choices through educational programs, conferences, and publications. This nonprofit organization, with about 12 employees, strives to inspire individuals and organizations to embrace the joy of heritage-based diets, which are rich in taste, nutrition, sustainability, and cultural heritage. To achieve this, Oldways organizes various educational campaigns, such as Whole Grains Month, which gained significant participation in September 2021 with over 1,100 participants in an online contest and approximately 240 engagements on social media. They also support their mission by working closely with regulators and international organizations, providing resources about whole grains in a scientific, practical, culinary, and nutritional context. Oldways continually offers educational resources and events to help individuals find, cook, and consume whole grains, ultimately aiming to improve public health and encourage healthier, happier lifestyles.


Official website here: www.oldwayspt.org

What are the reviews and ratings of this charity?

Rating from Charity Navigator: 100% (Four-Star out of Four Star rating).

Oldways Preservation And Exchange Trust Inc has achieved a perfect score of 100%, reflecting exceptional accountability and financial management. This rating indicates that the organization adheres to high standards of transparency and operational integrity, which is crucial for building trust with donors and stakeholders.

The nonprofit demonstrates a strong commitment to governance, with a board comprised of 90% independent members and effective oversight practices in place. Their financials reflect a robust program expense ratio of 83.56%, signifying that a substantial portion of their funds is directed towards their mission rather than administrative costs. Additionally, they have implemented comprehensive policies to manage conflicts of interest and ensure whistleblower protections.

While the organization excels in many areas, potential donors may want to assess how effectively their contributions translate into tangible program outcomes. Overall, the indicators suggest that Oldways Preservation And Exchange Trust Inc is well-managed and dedicated to its cause, making it a commendable choice for philanthropic support.


This AI summary has been generated from information found on Charity Navigator.

Is Oldways Preservation And Exchange Trust Inc legitimate?

Oldways Preservation And Exchange Trust Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Oldways Preservation And Exchange Trust 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: $217,737
Professional Fundraising Fees: $0
Other Salaries and Wages: $618,854

For more financial information, click here


Official website here: www.oldwayspt.org

What is the mission statement of Oldways Preservation And Exchange Trust Inc?

Oldways Preservation and Exchange Trust Inc is a nonprofit organization committed to improving public health. Their mission is to inspire individuals and organizations to embrace traditional eating habits from various cultures, which are known for their taste, nutrition, sustainability, and joy. Oldways achieves this goal through scientific and educational programs, conferences, publications, and resources for consumers, media, and health professionals. Their aim is to help people lead healthier and happier lives by promoting the benefits of heritage-based diets from around the world.


Official website here: www.oldwayspt.org

Who is the CEO of Oldways Preservation And Exchange Trust Inc?

Sara Baer-Sinnott is the Pres/Clerk/Exec Dir of Oldways Preservation And Exchange Trust Inc.


Official website here: www.oldwayspt.org

What is the revenue of Oldways Preservation And Exchange Trust Inc?

Oldways Preservation And Exchange Trust Inc's revenue in 2022 was $1,750,409.


Official website here: www.oldwayspt.org

Who are the executives of Oldways Preservation And Exchange Trust Inc and what are their salaries?

The average compensation at Oldways Preservation And Exchange Trust Inc during 2022 was $69,716. There are 12 employees and 35 volunteers at Oldways Preservation And Exchange Trust Inc.


Here are 10 key members and their salaries:


Sara Baer-Sinnott (Pres/Clerk/Exec Dir)
  • Compensation: $194,938
  • Related: $0
  • Other: $12,498
Shakir Cannon-Moye (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
George Gendron (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ana Sortun (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Catherine Strange (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dan Kish (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Nicki Briggs (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ted Nelson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Philip Meldrum (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jesse Cool (Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.oldwayspt.org

Where can I find the form 990 for Oldways Preservation And Exchange Trust Inc?

Oldways Preservation And Exchange Trust Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.oldwayspt.org

Learn more at the official website: www.oldwayspt.org

Mission Statement of Oldways Preservation And Exchange Trust Inc

Oldways Preservation and Exchange Trust Inc is a nonprofit organization dedicated to improving public health. Their mission is to inspire individuals and organizations to adopt healthier, sustainable, and joyful eating habits by embracing the traditions of heritage-based diets from around the world. Oldways seeks to offer educational programs, resources, and recipes based on cultural food traditions, aiming to help people lead healthier and happier lives. Their goal is to preserve and promote traditional and sustainable eating and drinking choices, ensuring that they are not only nutritious but also enjoyable. Oldways' mission is rooted in the belief that by reconnecting with these age-old food practices, people can rediscover the health and happiness that comes from eating well.

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Impact




July, 2024

Oldways Preservation And Exchange Trust Inc has a significant impact on promoting healthful, traditional, and sustainable eating choices and healthy lifestyles. Through their scientific and educational programs, conferences, and publications for consumers, media, and health professionals, Oldways is dedicated to improving public health by inspiring individuals and organizations to embrace heritage-based diets that are high in taste, nourishment, sustainability, and joy.

Specifically, Oldways has successfully organized events like Whole Grains Month in September 2021, which saw approximately 1,100 participants in an online contest and about 240 engagements on social media. On Whole Grain Sampling Day in March 2022, over 260 partner organizations participated in social media activities, including posts, videos, and events. Additionally, Oldways continually provides educational resources about whole grains - scientific, practical, culinary, and nutritional - to help consumers understand, cook, and consume whole grains.

Through their ongoing efforts, educational campaigns, and collaborations with regulators and international organizations, Oldways Preservation And Exchange Trust Inc plays a crucial role in promoting healthier and happier lives by showcasing cultural food traditions from around the world. Their impact is truly global, as evidenced by their tag as an "International" organization.




This information is meant to be a general summary of Oldways Preservation And Exchange Trust 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.

Revenue
$1,750,409 (2022)
Expenses
$1,546,850 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $21,355
  • Program Service Revenue: $349,116
  • Gross Receipts: $1,860,830

Assets and Liabilities:

  • Total Assets: $1,292,816
  • Total Liabilities: $210,444
  • Net Assets: $1,082,372

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

PROGRAM FEES

Revenue

$249,863

PUBLICATIONS

Revenue

$85,713

LICENSING FEES

Revenue

$13,540

Organization Details

Founding Year

1988

Principal Officer

Sara Baer-Sinnott

Main Address

266 BEACON STREET, BOSTON, MA, 02116

NTEE Category

Code: Q20 - International

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