Overview
What is Nantucket Preservation Trust Inc?
Nantucket Preservation Trust Inc, based in Nantucket, Massachusetts, is a dedicated nonprofit organization with a mission to promote historic architectural preservation. They achieve this by educating property owners on the potential to preserve and protect historical elements of their properties. The trust also raises community awareness about the importance and necessity of historical preservation. To accomplish these goals, they publish newsletters, maintain a website, obtain preservation easements, and conduct various historical research projects. Furthermore, they are involved in walking tours of Nantucket and other educational initiatives. The trust employs a team of five individuals, actively contributing to the preservation and appreciation of historical sites in the community.
Official website here: www.nantucketpreservation.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement (Two-Star out of Four Stars, 70%)
The Nantucket Preservation Trust Inc received a two-star rating from Charity Navigator, indicating that while the organization demonstrates some strengths in governance and financial oversight, there are significant areas that require improvement. The organization boasts a fully independent board and has excellent scores in areas such as financial documentation and lack of asset diversion, showcasing a commitment to transparency and accountability.
However, the trust has notable weaknesses in its financial management practices. The program expense ratio stands at 52.07%, which suggests that only slightly more than half of its expenses are dedicated to its programmatic work. Additionally, the lack of a whistleblower policy and the absence of tax forms on its website are concerning omissions that may affect stakeholder trust and accountability.
Overall, while the Nantucket Preservation Trust Inc appears to be managing its governance well, it faces challenges in prioritizing its program expenses and improving its transparency initiatives. Addressing these limitations could help enhance its overall impact and rating in the future.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about Nantucket Preservation Trust Inc?
Currently, there are four reviews for Nantucket Preservation Trust Inc on Facebook, and while the organization has not yet received an official rating, the feedback suggests a strong commitment to its mission. One review emphasizes the importance of preserving the island's natural beauty, reflecting a shared concern among supporters for environmental conservation.
The sentiment conveyed in the review illustrates a deep appreciation for the nonprofit’s efforts to protect the island's charm and ecological integrity. This highlights a connection between the organization and the community's values, indicating that patrons resonate with the preservation efforts being championed.
Overall, the early impressions of Nantucket Preservation Trust Inc show a dedicated group of advocates who recognize the significance of safeguarding the island’s heritage and environment. The enthusiasm for the nonprofit’s mission is evident, suggesting that it has the potential to foster a robust support network moving forward.
This AI summary has been generated from reviews found on Facebook.
Is Nantucket Preservation Trust Inc legitimate?
Nantucket Preservation Trust Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Nantucket Preservation 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.
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For more financial information, click here
Official website here: www.nantucketpreservation.org
What is the mission statement of Nantucket Preservation Trust Inc?
The Nantucket Preservation Trust Inc is committed to educating and inspiring property owners to preserve and protect the historical elements of their properties. The organization aims to raise awareness within the community regarding the importance and necessity of historic architectural preservation. To achieve this, they encourage community action and support through the publication of newsletters and maintaining a website. Furthermore, the Trust obtains preservation easements and is involved in walking tours of Nantucket, along with other educational projects. Additionally, they undertake various historical research projects to promote and uphold the significance of historical preservation.
Official website here: www.nantucketpreservation.org
Who is the CEO of Nantucket Preservation Trust Inc?
William Moffett Moore is the Chairman of Nantucket Preservation Trust Inc.
Official website here: www.nantucketpreservation.org
What is the revenue of Nantucket Preservation Trust Inc?
Nantucket Preservation Trust Inc's revenue in 2022 was $572,664.
Official website here: www.nantucketpreservation.org
Who are the executives of Nantucket Preservation Trust Inc and what are their salaries?
There are 5 employees and 50 volunteers at Nantucket Preservation Trust Inc.
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Official website here: www.nantucketpreservation.org
Where can I find the form 990 for Nantucket Preservation Trust Inc?
Nantucket Preservation Trust Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.nantucketpreservation.org
Learn more at the official website: www.nantucketpreservation.org
Mission Statement of Nantucket Preservation Trust Inc
Nantucket Preservation Trust Inc is dedicated to educating and motivating property owners to preserve and safeguard the historical elements of their properties. The organization aims to increase the community's awareness of the significance and necessity of historic architectural preservation. To achieve this, Nantucket Preservation Trust Inc encourages community involvement and support by distributing newsletters and maintaining a website. Additionally, the trust obtains preservation easements and participates in walking tours of Nantucket, as well as other educational projects. Furthermore, the organization engages in various historical research projects to further promote the importance of preserving the area's heritage.
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Impact
July, 2024
Nantucket Preservation Trust Inc's impact lies in its mission to educate and encourage property owners to preserve and protect the historical elements of their properties. By raising awareness within the community about the value and need for historic architectural preservation, the organization plays a crucial role in maintaining the rich cultural heritage of Nantucket. Through activities such as publishing newsletters, maintaining a website, obtaining preservation easements, organizing walking tours, and conducting historical research projects, Nantucket Preservation Trust Inc actively engages the community and promotes the preservation of Nantucket's historical architecture.
This information is meant to be a general summary of Nantucket Preservation 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $20,807
- Program Service Revenue: $96,099
- Gross Receipts: $764,431
Assets and Liabilities:
- Total Assets: $1,065,419
- Total Liabilities: $79,253
- Net Assets: $986,166
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
EDUCATIONAL,HISTORY PR
Revenue
$96,099
Organization Details
Founding Year
1997
Phone
(508) 228-1387Principal Officer
William Moffett Moore
Main Address
11 CENTRE STREET PO BOX 158, NANTUCKET, MA, 02554
NTEE Category
Code: A80 - Arts
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