Overview
What is The Cranberry Research Foundation Inc?
The Cranberry Research Foundation Inc, located at 265D South Meadow Road, Plymouth, MA 02360, is a nonprofit organization dedicated to supporting scientific cranberry research. Specifically, they grant funds to the University of Massachusetts Experimental Station for their cranberry research endeavors. By providing financial assistance, this foundation aims to advance our understanding of cranberry farming, ultimately contributing to the industry's growth and success.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 53%, One-Star out of Four Star rating.
The Cranberry Research Foundation Inc has received a low rating primarily due to significant concerns regarding its governance and transparency. With an overall score of 53%, it reflects a lack of independent board members and missing essential policies, such as conflict of interest and whistleblower policies. The absence of these governance structures indicates potential weaknesses in accountability and oversight.
Despite these issues, the organization demonstrates strong financial health as indicated by a program expense ratio of 96.34%, suggesting that a high percentage of its funds are directed towards its programs. Additionally, it has not engaged in any material diversion of assets, showcasing a level of fiscal responsibility. However, the failure to maintain a publicly accessible website for essential documents raises red flags about its commitment to transparency.
Overall, while the Cranberry Research Foundation Inc excels in directing funds toward its mission, the lack of independent oversight and missing policies significantly detracts from its overall rating. Prospective donors should weigh these factors carefully when considering support for this organization.
This AI summary has been generated from information found on Charity Navigator.
Is The Cranberry Research Foundation Inc legitimate?
The Cranberry Research Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Cranberry Research 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.
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What is the mission statement of The Cranberry Research Foundation Inc?
The Cranberry Research Foundation Inc's mission revolves around providing financial support for scientific research related to cranberries. This mission is carried out by making grants to the University of Massachusetts Experimental Station. The primary goal of this funding is to advance the understanding and improvement of cranberry farming through experimental research. The foundation's contributions play a significant role in driving innovation and progress in the cranberry industry.
Who is the CEO of The Cranberry Research Foundation Inc?
Brian Wick is the Director of The Cranberry Research Foundation Inc.
What is the revenue of The Cranberry Research Foundation Inc?
The Cranberry Research Foundation Inc's revenue in 2022 was $43,623.
Who are the executives of The Cranberry Research Foundation Inc and what are their salaries?
Here are 11 key members and their salaries:
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Where can I find the form 990 for The Cranberry Research Foundation Inc?
The Cranberry Research Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of The Cranberry Research Foundation Inc
The Cranberry Research Foundation Inc is dedicated to funding scientific research related to cranberries. Specifically, they focus on providing grants to support this endeavor at the University of Massachusetts Experimental Station. By doing so, they aim to contribute to advancements in cranberry farming techniques and overall cranberry industry knowledge.
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Impact
August, 2024
The Cranberry Research Foundation Inc's impact lies in its crucial support for scientific cranberry research at the University of Massachusetts Experimental Station. By providing grants for research activities focused on improving cranberry farming practices and outcomes, the foundation plays a vital role in advancing the scientific understanding and development of this important agricultural industry. Through its targeted funding, the foundation contributes to the enhancement of cranberry farming techniques, sustainability, and productivity, ultimately benefitting both researchers and cranberry farmers in the pursuit of innovation and success.
This information is meant to be a general summary of The Cranberry Research 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: $22,130
- Gross Receipts: $54,120
Assets and Liabilities:
- Total Assets: $575,250
- Total Liabilities: $0
- Net Assets: $575,250
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Organization Details
Founding Year
1996
Phone
(508) 866-7878Principal Officer
Brian Wick
Main Address
265D SOUTH MEADOW ROAD, PLYMOUTH, MA, 02360
NTEE Category
Code: U99 - Science research
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