Overview
What is Friends Of Lake Quannapowitt Inc?
Friends of Lake Quannapowitt Inc is a nonprofit organization based in Wakefield, Massachusetts, primarily focusing on promoting public awareness and long-term protection of Lake Quannapowitt and its surrounding public lands. Their mission involves educating students in the classroom and through field studies about ecological and watershed studies. They achieve this goal by publishing newsletters, fliers, and maintaining a social media platform, while also ensuring that their website remains up-to-date. In essence, Friends of Lake Quannapowitt Inc aims to preserve the beauty and well-being of the lake by fostering community awareness and knowledge.
Official website here: www.folq.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 76% (Three-Star out of Four Star Rating)
Friends Of Lake Quannapowitt Inc has received a 76% score from Charity Navigator, which translates to a Three-Star rating. This rating is particularly reflective of the organization's accountability and finance metrics, indicating a solid commitment to financial integrity and transparency.
The organization excels in several areas, such as having a fully independent board of 12 members and maintaining a perfect score in both the material diversion of assets and the liabilities to assets ratio, demonstrating a strong financial position. Furthermore, it effectively documents board meeting minutes and includes its website on tax forms, reinforcing its commitment to transparency.
However, the rating is derived solely from accountability and finance metrics, which may suggest limited insights into other operational aspects or programmatic effectiveness. Despite this, the high program expense ratio of 92.16% indicates that the majority of its funds are directed towards its mission-related activities. Overall, while the organization shows strong governance and financial health, potential donors might seek additional information regarding its program impact.
This AI summary has been generated from information found on Charity Navigator.
Is Friends Of Lake Quannapowitt Inc legitimate?
Friends Of Lake Quannapowitt Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Friends Of Lake Quannapowitt 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.folq.org
What is the mission statement of Friends Of Lake Quannapowitt Inc?
The Friends of Lake Quannapowitt Inc is dedicated to promoting public awareness and ensuring long-term protection and enhancement of Lake Quannapowitt and its public lands. Their mission involves enhancing community and public awareness of factors affecting environmental and water quality. They strive to educate students in the classroom and through field studies about ecological and watershed studies. Additionally, they publish periodic newsletters and fliers, develop a social media electronic communications platform, and maintain their website.
Official website here: www.folq.org
Who is the CEO of Friends Of Lake Quannapowitt Inc?
Douglas Mildram is the Director of Friends Of Lake Quannapowitt Inc.
Official website here: www.folq.org
What is the revenue of Friends Of Lake Quannapowitt Inc?
Friends Of Lake Quannapowitt Inc's revenue in 2022 was $33,339.
Official website here: www.folq.org
Who are the executives of Friends Of Lake Quannapowitt Inc and what are their salaries?
There 50 volunteers at Friends Of Lake Quannapowitt Inc.
Here are 12 key members and their salaries:
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Official website here: www.folq.org
Where can I find the form 990 for Friends Of Lake Quannapowitt Inc?
Friends Of Lake Quannapowitt Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.folq.org
Learn more at the official website: www.folq.org
Mission Statement of Friends Of Lake Quannapowitt Inc
Friends of Lake Quannapowitt Inc, a dedicated organization, is committed to fostering public awareness and long-term protection and enhancement of Lake Quannapowitt and its public lands. Their mission is multifaceted, focusing on promoting environmental and water quality, educating the community, and raising awareness about ecological and watershed studies.
To achieve this, the organization engages in various activities. They educate students, both in the classroom and through field studies, about the importance of maintaining a healthy ecosystem and the interconnectedness of water systems. Moreover, Friends of Lake Quannapowitt Inc publishes periodic newsletters and fliers to keep the community informed about the latest developments and initiatives related to the lake.
In addition to these efforts, the organization has developed a social media electronic communications platform and maintains its website. This digital presence allows them to reach a wider audience and share information more efficiently. By doing so, Friends of Lake Quannapowitt Inc aims to foster a greater understanding and appreciation for the importance of preserving Lake Quannapowitt and its surrounding lands for future generations.
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Impact
June, 2024
Friends Of Lake Quannapowitt Inc's impact can be seen in its efforts to promote public awareness and provide long-term protection and enhancement of Lake Quannapowitt and its public lands. By enhancing community and public awareness of factors affecting the environment and water quality, this organization plays a vital role in educating both students and the general public about ecological and watershed studies. Through the publication of periodic newsletters and flyers, as well as the development of an electronic communications platform and website, Friends Of Lake Quannapowitt Inc effectively disseminates important information and engages with the community. Overall, their work contributes to the preservation of the lake's ecosystem and the promotion of environmental sustainability.
This information is meant to be a general summary of Friends Of Lake Quannapowitt 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: $14,101
- Gross Receipts: $33,494
Assets and Liabilities:
- Total Assets: $272,453
- Total Liabilities: $0
- Net Assets: $272,453
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Organization Details
Founding Year
1991
Principal Officer
Douglas Mildram
Main Address
PO BOX 517, WAKEFIELD, MA, 01880
Website
www.folq.orgNTEE Category
Code: C320 - Environment
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