Overview
What is Second Nature Inc?
Second Nature Inc, based in Cambridge, Massachusetts, is a nonprofit organization committed to driving climate action within and beyond higher education institutions. Their mission is to empower universities and colleges to lead by example, fostering knowledge, conducting research, and nurturing graduates who can contribute to a sustainable future. They oversee the Presidents' Climate Leadership Commitments, which have inspired numerous campuses to take action and promote change in their communities. The Climate Leadership Network, consisting of over 400 signatories, is facilitated by Second Nature. Higher education leaders can join this network by signing the Carbon, Resilience, or Integrated Climate Commitment. Second Nature also manages the C2P2 program, which assists colleges and universities in developing and marketing carbon offsets, helping them progress towards campus carbon neutrality. Eligible schools can generate carbon credits through energy conservation, energy efficiency, renewable energy, and LEED certified buildings. The proceeds from carbon sales are reinvested into sustainability projects on campus, enabling schools to obtain greater emissions reductions and encouraging communities to establish clean, efficient energy systems. Moreover, Second Nature is involved in the University Climate Change and Coalition (UC3 Program), a collaborative effort by leading North American research universities aimed at assisting local communities in achieving their climate goals and transitioning to a low-carbon future. By pooling resources and expertise, these distinguished universities from the United States, Canada, and Mexico aim to accelerate local and regional climate action, collaborating with businesses, cities, states, foundations, and other organizations.
Official website here: www.secondnature.org
What are the reviews and ratings of this charity?
Rating from Charity Navigator: 99%, Four-Star out of Four Star rating.
Second Nature Inc has received an impressive Four-Star rating from Charity Navigator, reflecting its robust operational performance and commitment to accountability and finance. The charity boasts a perfect score in several key areas, including Accountability & Finance, where it earned 100%. The organization demonstrates a strong governance structure with a fully independent board and a solid financial management system, evidenced by its excellent ratios and policies, which ensure transparency and minimize risk.
The charity's program expense ratio is notably high at 83.85%, indicating that a significant portion of its funds directly supports its programs and initiatives. Additionally, its fundraising efficiency is commendable, with only $0.03 spent to raise each dollar, showcasing effective resource utilization. The operational strengths are further highlighted by a favorable liabilities to assets ratio of 8.11%, suggesting financial stability and responsible management.
On the cultural side, Second Nature Inc scored 91%, reflecting its commitment to fostering an inclusive and supportive environment. The organization’s focus on equity strategies supports its mission, enhancing its community engagement and impact. Overall, Second Nature Inc is recognized as a well-managed nonprofit that prioritizes accountability and effective program delivery, although continuous improvement in cultural aspects could further strengthen its community presence.
This AI summary has been generated from information found on Charity Navigator.
Is Second Nature Inc legitimate?
Second Nature Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Second Nature 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: $329,332
Professional Fundraising Fees: $0
Other Salaries and Wages: $913,799
For more financial information, click here
Official website here: www.secondnature.org
What is the mission statement of Second Nature Inc?
Second Nature Inc's mission is centered around accelerating climate action within and beyond higher education. They believe that colleges and universities have a responsibility to lead their communities and society at large by providing knowledge, research, and skilled graduates to create a sustainable future. Second Nature has catalyzed actions on numerous campuses and communities through initiatives like the Presidents' Climate Leadership Commitments. They also manage the C2P2 program, which supports schools in developing and marketing carbon offsets to achieve carbon neutrality, and the UC3 program, a coalition of leading North American research universities that collaborate to help local communities reach their climate goals and transition to a low-carbon future.
Official website here: www.secondnature.org
Who is the CEO of Second Nature Inc?
Timothy Carter is the Chair of Second Nature Inc.
Official website here: www.secondnature.org
What is the revenue of Second Nature Inc?
Second Nature Inc's revenue in 2023 was $2,378,252.
Official website here: www.secondnature.org
Who are the executives of Second Nature Inc and what are their salaries?
The average compensation at Second Nature Inc during 2023 was $73,125. There are 17 employees and 11 volunteers at Second Nature Inc.
Here are 14 key members and their salaries:
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- Compensation: $229,723
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- Compensation: $85,382
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- Other: $10,233
- Compensation: $114,475
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- Other: $14,832
Official website here: www.secondnature.org
Where can I find the form 990 for Second Nature Inc?
Second Nature Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.secondnature.org
Learn more at the official website: www.secondnature.org
Mission Statement of Second Nature Inc
Second Nature Inc, a renowned organization, is committed to accelerating climate action within and through higher education. Their mission is driven by the belief that colleges and universities have a vital role in leading their communities and society as a whole. By providing knowledge, research, practice, and educated graduates, these institutions can contribute to a positive and sustainable future.
Second Nature Inc has catalyzed climate action on numerous campuses and in various communities across the nation through the Presidents' Climate Leadership Commitments. This network, comprising over 400 commitment signatories, is facilitated by the organization. Higher education leaders can join this network by signing either the Carbon, Resilience, or Integrated Climate Commitment.
One of Second Nature Inc's initiatives is the C2P2 program, which supports colleges and universities in developing and marketing carbon offsets as a means to advance their progress towards campus carbon neutrality. Eligible schools can generate carbon credits on their campuses through energy conservation, efficiency, renewable energy, and LEED certified buildings. Proceeds from carbon sales are invested in sustainability projects on campus, enabling schools to achieve greater emissions reductions and encouraging communities to develop clean, efficient energy systems.
The organization's C2P2 program serves as the manager, offering technical and logistical support to schools participating in the program. In addition, Second Nature Inc is part of the University Climate Change and Coalition (UC3 Program), a collaborative model designed to help local communities achieve their climate goals and accelerate the transition to a low-carbon future. By mobilizing their resources and expertise, leading North American research universities in the UC3 Program aim to partner with businesses, cities, states, foundations, and other organizations to accelerate local and regional climate action.
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Impact
July, 2024
Second Nature Inc's impact is significant in accelerating climate action within higher education institutions and beyond. By mobilizing colleges and universities to lead in their communities and society, the organization has played a vital role in pushing for sustainable practices and positive environmental change. Through initiatives like the Presidents' Climate Leadership Commitments, the Climate Leadership Network, and programs like C2P2 and UC3, Second Nature has been instrumental in catalyzing actions on hundreds of campuses and in various communities across the nation.
Second Nature's focus on developing and marketing carbon offsets, promoting energy conservation and efficiency, supporting the transition to clean energy systems, and fostering collaborative models for climate goals demonstrates its commitment to driving emissions reductions and advancing towards a low-carbon future. The organization's work not only benefits participating campuses by enabling them to achieve carbon neutrality and invest in sustainability projects but also influences wider environmental efforts by pushing communities to develop cleaner and more efficient energy systems.
Overall, Second Nature Inc's impact can be observed through its leadership in promoting sustainable practices, fostering partnerships, and driving climate action within the higher education sector and beyond.
This information is meant to be a general summary of Second Nature 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: $22,000
- Program Service Revenue: $413,700
- Gross Receipts: $2,378,252
Assets and Liabilities:
- Total Assets: $2,541,422
- Total Liabilities: $206,532
- Net Assets: $2,334,890
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
SUMMIT CONFERENCES
Revenue
$353,700
ADVISORY FEES
Revenue
$60,000
Organization Details
Founding Year
1993
Phone
(617) 722-0036Principal Officer
Timothy Carter
Main Address
160 ALEWIFE BROOK PKWY 1182, CAMBRIDGE, MA, 02138
Website
www.secondnature.orgNTEE Category
Code: Z99Z - Unknown
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