Overview
What is Apple Orchard Trust?
The Apple Orchard Trust is a nonprofit organization situated in Brookline, Massachusetts, specifically at 282 D Newton Street, 02445. Their primary mission is to offer financial assistance to students and teaching staff at the Apple Orchard School. By providing scholarships and student loan aid, the Trust aims to alleviate financial burdens and support the academic pursuits of its recipients. This initiative contributes to the overall welfare of the Apple Orchard School community.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 33% (Zero-Star out of Four Star rating)
Apple Orchard Trust has received a low rating of 33% from Charity Navigator, indicating significant concerns regarding its accountability and financial practices. The organization boasts a fully independent board, which is a positive aspect, as it suggests potential for unbiased decision-making. However, the lack of key policies, such as a conflict of interest policy and a whistleblower policy, raises questions about the governance and transparency of the organization.
In terms of financial management, the charity has a program expense ratio of 48%, indicating that less than half of its expenses are directed towards its programs. The organization also has a perfect score in terms of assets, with no liabilities reported. Nevertheless, the absence of a website listed on its tax form and a lack of posted tax documents further contribute to its overall low score, signaling issues with transparency and accessibility of information.
Overall, while Apple Orchard Trust has some strengths in governance, the presence of numerous missing policies and inadequate financial transparency highlights critical areas for improvement. Potential donors and stakeholders may want to consider these factors thoroughly before engaging with the organization.
This AI summary has been generated from information found on Charity Navigator.
Is Apple Orchard Trust legitimate?
Apple Orchard Trust is a legitimate nonprofit organization registered as a 501(c)(3) entity. Apple Orchard 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 Apple Orchard Trust?
The Apple Orchard Trust's mission is centered around providing financial assistance. It aims to support both the students and the teaching staff of the Apple Orchard School. This support is materialized through scholarships and student loan assistance, ensuring that financial constraints do not hinder the educational journey of the students or the professional growth of the teaching staff. The trust's purpose is to foster an environment where everyone associated with the Apple Orchard School can pursue their academic and professional goals effectively.
Who is the CEO of Apple Orchard Trust?
Martina Albright is the Trustee of Apple Orchard Trust.
What is the revenue of Apple Orchard Trust?
Apple Orchard Trust's revenue in 2022 was $637,685.
Who are the executives of Apple Orchard Trust and what are their salaries?
There 6 volunteers at Apple Orchard Trust.
Here are 4 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- 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 Apple Orchard Trust?
Apple Orchard Trust's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Apple Orchard Trust
Apple Orchard Trust, a nonprofit organization, is dedicated to providing financial assistance for the students and teaching staff of the Apple Orchard School. Their mission is to offer scholarships and student loan assistance, extending a helping hand to those who are pursuing their education at this esteemed institution. By offering this support, Apple Orchard Trust aims to alleviate some of the financial burdens associated with education, enabling students and teachers to focus on their academic endeavors and professional growth. The organization's commitment to this cause is a testament to its belief in the importance of education and its role in shaping future generations.
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Impact
July, 2024
Apple Orchard Trust's impact is significant as it provides essential financial support for both students and teaching staff at the Apple Orchard School in Brookline, MA. Through scholarships and student loan assistance programs, the trust plays a crucial role in ensuring that individuals associated with the school have the resources they need to pursue education and professional development. This support ultimately enhances the educational experience and opportunities available to the school community, contributing to their overall success and well-being.
This information is meant to be a general summary of Apple Orchard 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 2022.
- Investment Income: $255,080
- Program Service Revenue: $13,034
- Gross Receipts: $2,505,922
Assets and Liabilities:
- Total Assets: $5,685,118
- Total Liabilities: $1,352
- Net Assets: $5,683,766
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Organization Details
Founding Year
1987
Phone
(617) 738-8834Principal Officer
Martina Albright
Main Address
282 D NEWTON STREET, BROOKLINE, MA, 02445
NTEE Category
Code: T70Z - Philanthropy
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