Overview
What is Hva Foundation Inc?
Hva Foundation Inc, based in Cornwall Bridge, Connecticut, operates as a non-profit organization with a mission to raise funds for and support environmental education and preservation. Specifically, the foundation collects donations, grants, and other funds to support the Housatonic Valley Association, Inc., a non-profit organization dedicated to environmental conservation and education. By doing so, Hva Foundation Inc aims to contribute to the preservation of the environment and promote educational initiatives in this field.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 97% (Four-Star out of Four Stars)
Hva Foundation Inc has achieved an impressive 97% rating from Charity Navigator, reflecting a strong commitment to accountability and financial health. The organization has earned a Four-Star rating primarily based on its exemplary performance in various governance and financial metrics, with a perfect score in key areas such as board independence, conflict of interest policies, and financial transparency.
The foundation demonstrates a robust structure with a fully independent board composed of six members, ensuring unbiased oversight and effective governance. Its financial management is sound, showcasing a remarkable program expense ratio of 90.69%, indicating that a significant portion of funds is directed towards its mission-related activities. Additionally, the absence of liabilities strengthens the organization's fiscal position.
While the rating highlights exceptional strengths, it is important to keep an eye on ongoing financial practices and governance as the organization grows. Overall, Hva Foundation Inc stands out as a responsible nonprofit with a clear focus on accountability and effective use of resources.
This AI summary has been generated from information found on Charity Navigator.
Is Hva Foundation Inc legitimate?
Hva Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Hva 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: $0
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What is the mission statement of Hva Foundation Inc?
The Hva Foundation Inc, a non-profit organization, is dedicated to supporting and funding environmental education and preservation. Specifically, the foundation raises funds to aid the Housatonic Valley Association, Inc., a non-profit environmental preservation and educational organization. By investing donations, grants, and other funds, the Hva Foundation Inc aims to contribute significantly to the cause of environmental education and preservation.
Who is the CEO of Hva Foundation Inc?
Michael Nesbitt is the Director of Hva Foundation Inc.
What is the revenue of Hva Foundation Inc?
Hva Foundation Inc's revenue in 2022 was $142,686.
Who are the executives of Hva Foundation Inc and what are their salaries?
Here are 5 key members and their salaries:
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- Related: $0
- Other: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Hva Foundation Inc?
Hva Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Hva Foundation Inc
The Hva Foundation Inc is dedicated to advancing environmental education and preservation. Its mission is to raise funds and offer support to further these noble causes. The foundation invests the donations, grants, and other funds it receives to benefit the Housatonic Valley Association, Inc., a non-profit organization focused on environmental preservation and education. By doing so, the Hva Foundation Inc contributes significantly to the conservation and education efforts aimed at protecting and enhancing our natural environment.
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Impact
June, 2024
Hva Foundation Inc's impact is centered around raising funds and providing support for environmental education and preservation efforts. By receiving donations, grants, and other funds for investment, the foundation contributes to the mission of the Housatonic Valley Association, Inc., a nonprofit organization dedicated to environmental preservation and education. Through its activities, Hva Foundation Inc plays a crucial role in driving initiatives that benefit the environment and promote sustainability in the community.
This information is meant to be a general summary of Hva 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: $31,465
- Gross Receipts: $142,686
Assets and Liabilities:
- Total Assets: $1,276,572
- Total Liabilities: $42,996
- Net Assets: $1,233,576
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Organization Details
Founding Year
1994
Principal Officer
Michael Nesbitt
Main Address
ROUTE 7 PO BOX 28, CORNWALL BRIDGE, CT, 06754
NTEE Category
Code: C60 - Environment
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