Overview
What is The Great Pond Foundation Inc?
The Great Pond Foundation Inc, based in Edgartown, Massachusetts, is a nonprofit organization dedicated to preserving and improving the health and aesthetics of the Edgartown Great Pond, located on Martha's Vineyard. Their focus revolves around implementing solutions for coastal pond restoration and management through an extensive ecosystem monitoring program. By employing data-driven and scientifically informed strategies, the foundation aims to address environmental issues impacting the pond. Additionally, they educate the public on the importance of the pond and the threats to its health and beauty. With a team of 9 individuals, the foundation works tirelessly to ensure the continued well-being of the Edgartown Great Pond and other ponds on Martha's Vineyard for the benefit of the general public.
Official website here: www.greatpondfoundation.org
What are the reviews and ratings of this charity?
Rating from Charity Navigator: 96%, Four-Star out of Four Star rating.
The Great Pond Foundation Inc has achieved an impressive Four-Star rating from Charity Navigator, reflecting its high level of accountability and financial health. The charity's score is derived entirely from its strong performance in accountability and finance, indicating effective management and transparency in its operations. This strong rating suggests that donors can trust the organization to handle funds responsibly and to implement its programs effectively.
One of the notable strengths of The Great Pond Foundation is its governance structure, featuring a fully independent board of directors. This independence is critical for ensuring unbiased decision-making and accountability. Additionally, the organization has successfully implemented comprehensive policies regarding conflict of interest, whistleblowing, and document retention, further underscoring its commitment to ethical practices.
Financially, the foundation demonstrates sound management, with a program expense ratio of 78.92%, which indicates that a significant portion of its budget is allocated directly to mission-related activities. The organization also maintains a low liabilities-to-assets ratio of 9.85%, suggesting a strong financial position. Overall, while the foundation excels in governance and financial health, continued focus on program effectiveness will be essential for sustained impact.
This AI summary has been generated from information found on Charity Navigator.
Is The Great Pond Foundation Inc legitimate?
The Great Pond Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Great Pond 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.
Heare are some key statistics you may want to consider:
Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $242,278
For more financial information, click here
Official website here: www.greatpondfoundation.org
What is the mission statement of The Great Pond Foundation Inc?
The Great Pond Foundation Inc's mission is geared towards enhancing the health and aesthetic appeal of various ponds, specifically those located on Martha's Vineyard. They strive to identify and implement solutions to environmental issues affecting these water bodies. In addition, they educate the public about the importance of these ponds and the threats to their health and beauty. The organization also focuses on coastal pond restoration and management, utilizing an extensive ecosystem monitoring program and advocating for data-driven and scientifically informed pond management.
Official website here: www.greatpondfoundation.org
Who is the CEO of The Great Pond Foundation Inc?
Robert Rukeyser is the Director / Treasurer of The Great Pond Foundation Inc.
Official website here: www.greatpondfoundation.org
What is the revenue of The Great Pond Foundation Inc?
The Great Pond Foundation Inc's revenue in 2021 was $645,324.
Official website here: www.greatpondfoundation.org
Who are the executives of The Great Pond Foundation Inc and what are their salaries?
The average compensation at The Great Pond Foundation Inc during 2021 was $26,920. There are 9 employees at The Great Pond Foundation Inc.
Here are 7 key members and their salaries:
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Official website here: www.greatpondfoundation.org
Where can I find the form 990 for The Great Pond Foundation Inc?
The Great Pond Foundation Inc's most recent form 990 was submitted in 2021 and can be accessed here.
Official website here: www.greatpondfoundation.org
Learn more at the official website: www.greatpondfoundation.org
Mission Statement of The Great Pond Foundation Inc
The Great Pond Foundation Inc, a nonprofit organization, is dedicated to preserving and enhancing the health and beauty of local ponds, particularly the Edgartown Great Pond, located on Martha's Vineyard. Their mission is multifaceted, focusing on identifying and implementing solutions to environmental problems that affect these water bodies. By doing so, they aim to ensure the overall well-being of these ponds for the benefit of the general public.
In addition to direct intervention, the Foundation also prioritizes public education, emphasizing the value of these ponds and the threats they face. They strive to raise awareness about the importance of these ecosystems and the measures needed to protect them.
On a broader scale, The Great Pond Foundation Inc extends its mission to coastal pond restoration and management. They employ an extensive ecosystem monitoring program and advocate for data-driven and scientifically informed pond management. This approach ensures that their efforts are grounded in facts and scientific understanding, furthering their goal of preserving these vital water bodies for future generations.
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Impact
July, 2024
The Great Pond Foundation Inc's impact is focused on enhancing the health and beauty of Edgartown Great Pond located on the island of Martha's Vineyard for the benefit of the general public. By identifying and implementing solutions to environmental problems affecting the pond, the organization works to ensure the long-term sustainability of this natural resource. Through an extensive ecosystem monitoring program and advocacy for data-driven and scientifically informed pond management, The Great Pond Foundation Inc is actively engaged in coastal pond restoration and management. Their efforts not only protect the pond but also educate the public on the value of this ecosystem and the threats it faces.
This information is meant to be a general summary of The Great Pond 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 2021.
- Investment Income: $30,936
- Program Service Revenue: $80,225
- Gross Receipts: $692,858
Assets and Liabilities:
- Total Assets: $1,236,356
- Total Liabilities: $39,758
- Net Assets: $1,196,598
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
IMPLEMENTING AND MONIT
Revenue
$80,225
Organization Details
Founding Year
1998
Phone
(508) 627-7222Principal Officer
Robert Rukeyser
Main Address
PO BOX 9000, EDGARTOWN, MA, 02539
Website
www.greatpondfoundation.orgNTEE Category
Code: C27 - Environment
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