Overview
What is Southborough Open Land Foundation Inc?
Southborough Open Land Foundation Inc, based in Southborough, Massachusetts, is a dedicated nonprofit organization with a mission to promote responsible land use within the town. This includes acquiring land through gifts or purchases and preserving it in its natural, scenic, open, or rural state. The foundation is also committed to protecting ecologically or agriculturally sensitive land and creating wildlife habitats. Furthermore, they disseminate information about the importance of wise land use to the general public and engage in various activities that contribute to preserving, beautifying, and enhancing the town. One of their notable projects is the Art on the Trails, which features artistic installations on the Beals Preserve property from June to September. These installations include a juried show of regional artists, showcasing their talents and contributing to the town's cultural landscape.
Official website here: www.solf.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement (Two-Star out of Four Star rating, 69%)
The Southborough Open Land Foundation Inc has received a rating of "Needs Improvement" with a score of 69%, indicating that while the organization meets some standards of accountability and finance, there are significant areas requiring attention. The organization excels in governance with a fully independent board and maintains a solid conflict of interest policy, which reflects a commitment to ethical practices.
However, the foundation's performance is notably lacking in program expenses, as indicated by a low score of just 1 out of 25. This suggests that a minimal portion of its budget is allocated toward its programs, raising concerns about its effectiveness in fulfilling its mission to preserve open land in Southborough. Additionally, the foundation does not have a whistleblower policy in place, which is a critical component of organizational transparency and accountability.
Overall, while the Southborough Open Land Foundation has strong governance practices, its financial management and program expenditure need improvement to enhance its impact and effectiveness in serving the community. Addressing these limitations could help elevate its rating and foster greater trust among supporters and stakeholders.
This AI summary has been generated from information found on Charity Navigator.
Is Southborough Open Land Foundation Inc legitimate?
Southborough Open Land Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Southborough Open Land 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:
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Other Salaries and Wages: $1,212
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Official website here: www.solf.org
What is the mission statement of Southborough Open Land Foundation Inc?
The Southborough Open Land Foundation's mission is to advocate for the wise use of land. They accomplish this by acquiring land and preserving it in its natural, scenic, open, or rural condition. The foundation also focuses on preserving ecologically or agriculturally sensitive land and creating protected wildlife habitats. Furthermore, they disseminate information and educate the public about the importance of wise land use. Lastly, they engage in various activities to preserve, beautify, and enhance the land.
Official website here: www.solf.org
Who is the CEO of Southborough Open Land Foundation Inc?
Larry Samberg is the Director of Southborough Open Land Foundation Inc.
Official website here: www.solf.org
What is the revenue of Southborough Open Land Foundation Inc?
Southborough Open Land Foundation Inc's revenue in 2022 was $30,083.
Official website here: www.solf.org
Who are the executives of Southborough Open Land Foundation Inc and what are their salaries?
Here are 10 key members and their salaries:
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Official website here: www.solf.org
Where can I find the form 990 for Southborough Open Land Foundation Inc?
Southborough Open Land Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.solf.org
Learn more at the official website: www.solf.org
Mission Statement of Southborough Open Land Foundation Inc
Southborough Open Land Foundation Inc, abbreviated as SOLF, is committed to promoting the responsible utilization of land within its scope. The organization achieves this mission by proactively acquiring and preserving natural, scenic, open, or rural landscapes, either through gifts or purchases. SOLF also prioritizes the preservation of ecologically and agriculturally sensitive land, creating protected wildlife habitats in the process.
To further its goal, SOLF disseminates information and educates the public on the importance of wise land use. The foundation also engages in various activities that contribute to preserving, beautifying, and enhancing the overall landscape. By undertaking these initiatives, SOLF aims to promote a balanced and sustainable relationship between humans and their environment, ultimately ensuring the long-term well-being of the land and its inhabitants.
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Impact
August, 2024
Southborough Open Land Foundation Inc's impact can be seen through its dedication to promoting the wise use of land in Southborough. Through acquiring real property and preserving it in its natural, scenic, open, or rural condition, the organization contributes to the preservation of ecologically or agriculturally sensitive land and the creation of protected wildlife habitats. Additionally, by disseminating information and educating the general public on the importance of wise land use in Southborough, the foundation helps enhance and beautify the local environment. The Art on the Trails project, an initiative showcasing artistic installations on Beals Preserve property, further demonstrates SOLF's commitment to engaging the community and promoting the conservation and appreciation of natural spaces.
This information is meant to be a general summary of Southborough Open Land 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: $4,755
- Gross Receipts: $30,083
Assets and Liabilities:
- Total Assets: $2,023,462
- Total Liabilities: $1,030
- Net Assets: $2,022,432
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Organization Details
Founding Year
1988
Phone
(774) 230-0382Principal Officer
Larry Samberg
Main Address
BOX 345, SOUTHBOROUGH, MA, 01772
Website
www.solf.orgIf you are a representative of Southborough Open Land Foundation Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.