Overview
What is Monadnock Trust?
Monadnock Trust is a 501c3 exempt organization situated in Gardner, Massachusetts. With a strong focus on environmental education and personal development, the nonprofit offers its real estate and summer camp facilities in Gardner and Ashburnham, Massachusetts, to youth for their use. The organization's mission is to provide a space for environmental education and personal growth, allowing young individuals to learn and grow in a supportive environment. Monadnock Trust makes these resources available for summer camps, educational programs, and recreational activities, contributing positively to the local community's youth.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 80%, Three-Star out of Four Stars
Monadnock Trust has received a commendable Three-Star rating from Charity Navigator, reflecting a strong performance in terms of accountability and finance. The charity's overall score is derived entirely from its accountability measures, showcasing its commitment to responsible financial management. The organization has a perfect score for having a majority independent board, indicating robust governance practices.
Strengths of Monadnock Trust include a complete absence of material diversion of assets, a transparent conflict of interest policy, and the documentation of board meeting minutes. Furthermore, the organization maintains an impressive program expense ratio of 100%, demonstrating that all funds are directed towards its mission-related activities, which is a significant positive for potential donors.
Despite its strengths, the rating based solely on the accountability and finance beacon might suggest limited insights into other operational aspects such as fundraising efficiency or program impact. However, the organization’s strong governance practices and commitment to transparency are significant indicators of its integrity and reliability as a nonprofit.
This AI summary has been generated from information found on Charity Navigator.
Is Monadnock Trust legitimate?
Monadnock Trust is a legitimate nonprofit organization registered as a 501(c)(3) entity. Monadnock Trust 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
What is the mission statement of Monadnock Trust?
The Monadnock Trust's mission focuses on environmental education and personal growth for youth in the surrounding area. It achieves this by providing youth with access to real estate and summer camp facilities in Gardner and Ashburnham, Massachusetts. The organization's primary aim is to contribute to the development and learning of young individuals, fostering an environment that encourages growth and knowledge in environmental matters. By making its resources available to various groups and organizations, the Monadnock Trust supports summer camps, educational, and recreational activities for the youth.
What is the revenue of Monadnock Trust?
Monadnock Trust's revenue in 2023 was $42,100.
Who are the executives of Monadnock Trust and what are their salaries?
Here are 3 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Monadnock Trust?
Monadnock Trust's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Monadnock Trust
Monadnock Trust, a nonprofit organization under section 501c 3 of the US tax code, is dedicated to fostering environmental education and personal growth among local youth. To achieve this mission, Monadnock Trust makes its real estate and summer camp facilities in Gardner and Ashburnham, Massachusetts, readily available to various groups and organizations for summer camps, educational, and recreational purposes. By providing such resources, Monadnock Trust plays an essential role in nurturing the development of young individuals in the area, promoting environmental awareness, and encouraging personal growth through experiential learning.
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Impact
August, 2024
Monadnock Trust's impact can be seen in the valuable environmental education and personal growth opportunities it provides for the youth in the Gardner and Ashburnham areas of Massachusetts. By offering real estate and summer camp facilities, the organization creates a safe and nurturing environment where young people can learn, explore, and develop important skills. This focus on youth development contributes to building a stronger and more well-rounded community for the future.
This information is meant to be a general summary of Monadnock Trust. 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: $8,294
- Gross Receipts: $169,329
Assets and Liabilities:
- Total Assets: $1,886,580
- Total Liabilities: $0
- Net Assets: $1,886,580
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Organization Details
Founding Year
1929
Principal Officer
Neil Erickson
NTEE Category
Code: O50 - Youth development
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