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American Ground Water Trust

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 237244958 ✦ Concord, NH ✦ Designated as a 501(c)(3)

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Overview

What is American Ground Water Trust?

The American Ground Water Trust, located at 50 Pleasant Street, Concord, NH, is a nonprofit organization dedicated to preserving and promoting the sustainability of groundwater resources. Established with the goal of increasing awareness about groundwater's environmental and economic value, the Trust seeks to educate citizens, communities, and decision-makers on the significance of groundwater. By showcasing groundwater science and technology, they aim to facilitate public participation in water resource decisions. The Trust's mission extends to educating individuals from elementary school students to policymakers with science-based, unbiased information, fostering efficient and effective groundwater management nationwide. With a team of just two employees, the American Ground Water Trust remains committed to its mission.


Official website here: www.agwt.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: Needs Improvement

The American Ground Water Trust has received a two-star rating from Charity Navigator, indicating that it needs improvement in certain areas. While the organization excels in having a majority of independent board members and has demonstrated a strong commitment to financial transparency through its program expense ratio, it falls short in critical governance policies. Specifically, it lacks both a whistleblower policy and a document retention and destruction policy, which are essential for maintaining accountability and ethical standards.

The organization has shown strengths in its board composition and financial practices, as evidenced by high scores in accountability measures such as the absence of material diversion of assets and an appropriate size for its independent board. However, the high liabilities to assets ratio raises concerns about financial stability. The presence of board meeting minutes and the listing of its website on the tax form are positive aspects, but the absence of its tax forms on the website could hinder transparency.

Overall, while the American Ground Water Trust is effectively utilizing its program expenses towards its mission, addressing governance weaknesses and improving financial management practices will be crucial for enhancing its rating and ensuring long-term sustainability.


This AI summary has been generated from information found on Charity Navigator.

Is American Ground Water Trust legitimate?

American Ground Water Trust is a legitimate nonprofit organization registered as a 501(c)(3) entity. American Ground Water 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: $160,992

For more financial information, click here


Official website here: www.agwt.org

What is the mission statement of American Ground Water Trust?

The American Ground Water Trust is a nationwide ground water education organization with a mission to disseminate science-based objectives and unbiased information for efficient and effective ground water management. Its primary goal is to protect America's ground water resources and promote sustainability, while raising awareness about the environmental and economic value of ground water among citizens, communities, and decision makers. The organization also showcases ground water science and technology, and facilitates stockholder participation in water resource decisions. Additionally, it strives to communicate the importance of ground water through educational outreach from elementary school to Congress.


Official website here: www.agwt.org

Who is the CEO of American Ground Water Trust?

Andrew Stone is the Officer of American Ground Water Trust.


Official website here: www.agwt.org

What is the revenue of American Ground Water Trust?

American Ground Water Trust's revenue in 2022 was $289,619.


Official website here: www.agwt.org

Who are the executives of American Ground Water Trust and what are their salaries?

The average compensation at American Ground Water Trust during 2022 was $80,496. There are 2 employees and 177 volunteers at American Ground Water Trust.


Here are 11 key members and their salaries:


Andrew Stone (Officer)
  • Compensation: $118,762
  • Related: $0
  • Other: $0
Hughbert Collier (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Scott Honeyfield (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Chuck Hammock Jr (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Kill (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Scott King (Board Memebe)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kevin Mcginnis (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tony Morgan (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kriss Schneider (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ron Peterson (Secretary/Tr)
  • Compensation: $0
  • Related: $0
  • Other: $0
Fred Rothauge (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.agwt.org

Where can I find the form 990 for American Ground Water Trust?

American Ground Water Trust's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.agwt.org

Learn more at the official website: www.agwt.org

Mission Statement of American Ground Water Trust

The American Ground Water Trust, a national groundwater education organization, is dedicated to informing and educating individuals from elementary school students to members of Congress about the importance of groundwater management. With a mission rooted in science-based objectives and unbiased information, this trust aims to promote efficient and effective groundwater management.

Established to protect America's groundwater resources and foster resource sustainability, the American Ground Water Trust seeks to raise awareness about the environmental and economic value of groundwater among citizens, communities, and decision-makers. The organization showcases groundwater science and technology, enabling stakeholders to participate in water resource decisions. Its ultimate goal is to communicate the significance of groundwater, ensuring its responsible and sustainable management for future generations.

In addition, the American Ground Water Trust facilitates stockholder participation in water resource decisions by providing science-based, unbiased information. This approach equips individuals with the knowledge needed to make informed decisions regarding groundwater management, thus contributing to resource sustainability and conservation.

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Impact




June, 2024

The American Ground Water Trust has a significant impact on promoting resource sustainability and informing and educating individuals from kindergarten through Congress about efficient and effective ground water management. Through its science-based objectives and unbiased information, the organization contributes to increasing awareness among citizens, communities, and decision-makers about the environmental and economic value of ground water. By showcasing ground water science and technology and facilitating stakeholder participation in water resource decisions, the American Ground Water Trust plays a crucial role in protecting America's ground water.




This information is meant to be a general summary of American Ground Water 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.

Revenue
$289,619 (2022)
Expenses
$297,793 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Program Service Revenue: $182,158
  • Gross Receipts: $289,619

Assets and Liabilities:

  • Total Assets: $27,505
  • Total Liabilities: $19,749
  • Net Assets: $7,756

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

WORKSHOPS AND CONFERENCES

Revenue

$174,066

PROJECT INCOME

Revenue

$4,125

PRODUCT INCOME

Revenue

$3,967

Organization Details

Founding Year

1974

Principal Officer

Andrew Stone

Main Address

50 PLEASANT STREET, CONCORD, NH, 03301

NTEE Category

Code: C200 - Environment

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