Overview
What is 'sconset Trust Inc?
'Sconset Trust Inc is a nonprofit organization based in Siasconset, Massachusetts. Their primary mission revolves around the conservation of open spaces and public water resources, working tirelessly to preserve the unique character of the village of Siasconset. They offer educational programs, conduct studies of the area, and maintain the local lighthouse. Additionally, they are involved in maintaining and managing the local environment, ensuring its continued beauty and sustainability. With a small team of four dedicated individuals, their work focuses on the preservation and enhancement of the natural and cultural heritage of Siasconset.
Official website here: www.sconsettrust.org
What are the reviews and ratings of this charity?
Rating from Charity Navigator: 92% (Four-Star out of Four Star rating)
Sconset Trust Inc has achieved a 92% score on Charity Navigator, reflecting a strong commitment to accountability and financial transparency. The charity scored exceptionally well across several key metrics, particularly in having a fully independent board and maintaining rigorous financial oversight through an audit and oversight committee. These factors contribute significantly to its high rating, showcasing the organization’s dedication to ethical governance and robust financial health.
The organization demonstrates effective financial management, with 75.11% of its expenses allocated directly to its programs, indicating a strong focus on mission-related activities. Additionally, the absence of any material diversion of assets enhances the trustworthiness of the organization. The charity also maintains proper policies for conflict of interest and document retention, further solidifying its operational integrity.
However, it is worth noting that Sconset Trust Inc lacks a whistleblower policy, which is a common best practice in nonprofit governance. While this omission does not detract significantly from its overall rating, it is an area that could be improved to bolster its credibility and ensure more comprehensive protection for those involved in the organization. Overall, Sconset Trust Inc is a highly rated charity with a strong operational framework and a clear focus on its mission.
This AI summary has been generated from information found on Charity Navigator.
Is 'sconset Trust Inc legitimate?
'sconset Trust Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity.'sconset 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.
Heare are some key statistics you may want to consider:
Executive Compensation: $0
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Other Salaries and Wages: $174,841
For more financial information, click here
Official website here: www.sconsettrust.org
What is the mission statement of 'sconset Trust Inc?
The 'sconset Trust Inc is dedicated to the conservation of areas of open land and public water resources. The organization's primary mission is to preserve the character of its designated area, which is not specified. In addition to conservation efforts, they also focus on educational programs, studying the area, and maintaining the lighthouse. The Trust's activities aim to ensure the long-term preservation and protection of these valuable resources, while also fostering a deeper understanding and appreciation for the environment.
Official website here: www.sconsettrust.org
Who is the CEO of 'sconset Trust Inc?
William Holding Jr is the President of'sconset Trust Inc.
Official website here: www.sconsettrust.org
What is the revenue of 'sconset Trust Inc?
'sconset Trust Inc's revenue in 2022 was $1,159,377.
Official website here: www.sconsettrust.org
Who are the executives of 'sconset Trust Inc and what are their salaries?
The average compensation at 'sconset Trust Inc during 2022 was $43,710. There are 4 employees at 'sconset Trust Inc.
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Official website here: www.sconsettrust.org
Where can I find the form 990 for 'sconset Trust Inc?
'sconset Trust Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.sconsettrust.org
Learn more at the official website: www.sconsettrust.org
Mission Statement of 'sconset Trust Inc
The Sconset Trust Inc, a nonprofit organization, is dedicated to the conservation of open spaces and public water resources. Its mission is to preserve areas of open land, contributing to the protection of natural resources. Beyond this, the Trust strives to maintain the character of the Village of Siasconset, Massachusetts, ensuring its continued beauty.
In addition to its conservation efforts, the Sconset Trust Inc also undertakes educational programs and studies to deepen the understanding of the area. One of its notable projects is the maintenance of the Lighthouse, a symbolic structure that stands as a testament to its commitment to preserving the region's history and character.
By focusing on the conservation of open spaces and the preservation of the Village of Siasconset, the Sconset Trust Inc serves as a guardian of the natural and cultural heritage, ensuring its protection for future generations.
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Impact
June, 2024
The impact of 'Sconset Trust Inc is primarily focused on the conservation of open space, specifically the preservation of the character of the village of Siasconset in Massachusetts. Through their activities, they contribute to the protection of areas of open land and public water resources, as well as the maintenance of the local lighthouse. Furthermore, the organization also conducts educational programs and studies of the area, furthering their mission to conserve these natural resources and maintain the unique heritage of Siasconset. Their work aligns with the overarching goal of protecting the environment and promoting sustainability within their community.
This information is meant to be a general summary of 'sconset 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: -$15,096
- Gross Receipts: $3,647,152
Assets and Liabilities:
- Total Assets: $40,339,621
- Total Liabilities: $3,191,539
- Net Assets: $37,148,082
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Organization Details
Founding Year
1984
Phone
(508) 257-4110Principal Officer
William Holding Jr
Main Address
PO BOX 821, SIASCONSET, MA, 02564
Website
www.sconsettrust.orgNTEE Category
Code: C340 - Environment
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