Overview
What is Kent Land Trust Foundation Inc?
Kent Land Trust Foundation Inc is a non-profit organization located in Kent, Connecticut. Its primary mission is to manage a capital reserve for the benefit of the Kent Land Trust, Inc., a related land preservation non-profit organization. This reserve serves to support the Kent Land Trust's efforts in preserving land and open spaces for the enjoyment and well-being of the community. The Foundation does not provide direct services or programs but rather acts as a financial steward for the Kent Land Trust. The address for Kent Land Trust Foundation Inc is 170 Kent Road, PO Box 888, Kent, CT 06757.
What are the reviews and ratings of this charity?
Rating from Charity Navigator: 54% (One-Star out of Four Star rating)
The Kent Land Trust Foundation Inc received a low rating of 54%, indicating significant concerns regarding its financial accountability and transparency. The organization scored well in several governance aspects, such as having a fully independent board and established policies for conflicts of interest, whistleblowing, and document retention. However, the overall score is negatively impacted by the lack of program expenses and liabilities, leading to a troubling perception of its financial management.
While the foundation demonstrates strong governance practices, the absence of reported program expenditures raises questions about its operational effectiveness and commitment to its mission. The lack of financial activity suggests a potential disconnect between the organization's governance and its ability to execute programs that benefit the community it serves.
In summary, the Kent Land Trust Foundation Inc appears to have robust governance policies in place, but its failure to allocate resources towards programs significantly hampers its overall impact and rating. Stakeholders and potential donors may want to seek further information about the organization's activities and future plans before making contributions.
This AI summary has been generated from information found on Charity Navigator.
Is Kent Land Trust Foundation Inc legitimate?
Kent Land Trust Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Kent Land Trust 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 Kent Land Trust Foundation Inc?
The Kent Land Trust Foundation Inc manages a capital reserve for the benefit of an affiliated non-profit land preservation organization, the Kent Land Trust Inc. The organization's mission is to support the efforts of the Kent Land Trust Inc in preserving lands, aiming to protect and maintain natural habitats, open spaces, and scenic areas for future generations. By managing a capital reserve, the foundation provides steady financial resources to aid the Kent Land Trust Inc in their conservation work.
Who is the CEO of Kent Land Trust Foundation Inc?
Mary Henderson is the President of Kent Land Trust Foundation Inc.
What is the revenue of Kent Land Trust Foundation Inc?
Kent Land Trust Foundation Inc's revenue in 2022 was $45,500.
Who are the executives of Kent Land Trust Foundation Inc and what are their salaries?
There 7 volunteers at Kent Land Trust Foundation Inc.
Here are 7 key members and their salaries:
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Where can I find the form 990 for Kent Land Trust Foundation Inc?
Kent Land Trust Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Kent Land Trust Foundation Inc
The Kent Land Trust Foundation Inc is an entity dedicated to managing a capital reserve for the benefit of the Kent Land Trust, Inc., an affiliated non-profit land preservation organization. In simpler terms, this foundation serves as a financial steward, ensuring the Kent Land Trust has the necessary funds to carry out its mission of preserving land for future generations. By managing this capital, the Kent Land Trust Foundation Inc contributes significantly to the conservation efforts of the Kent Land Trust, Inc. This cooperation between the two organizations enables them to protect and maintain valuable natural resources, which is essential for the health and well-being of both wildlife and the surrounding communities.
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Impact
June, 2024
Kent Land Trust Foundation Inc's impact is vital for the preservation of land in Kent, CT. By managing a capital reserve for the Kent Land Trust, Inc., the organization plays a crucial role in conserving natural habitats, protecting wildlife, and ensuring the sustainability of the environment. Through its efforts, Kent Land Trust Foundation Inc helps safeguard valuable ecosystems and promotes responsible land use for the benefit of present and future generations.
This information is meant to be a general summary of Kent Land Trust 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: $28,500
- Gross Receipts: $45,500
Assets and Liabilities:
- Total Assets: $2,212,079
- Total Liabilities: $0
- Net Assets: $2,212,079
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Organization Details
Founding Year
2000
Principal Officer
Mary Henderson
Main Address
170 KENT ROAD PO BOX 888, KENT, CT, 06757
NTEE Category
Code: C340 - Environment
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