Overview
What is Friends Of Princeton Open Space Inc?
Friends of Princeton Open Space Inc is a nonprofit organization based in Princeton, New Jersey, specifically at 57 Mountain Avenue, 08540. Their primary mission revolves around preserving natural resources in Princeton, where they manage the Billy Johnson Mountain Lakes Nature Preserve, holding conservation easements. Their activities include removing invasive plants, conducting ecological restoration projects, and growing, planting, and maintaining native plants under the supervision of their Natural Resources and Stewardship Director. In addition to local efforts, they aim to support groups in the Princeton region to preserve and protect open space and the environment. Their work encompasses acquiring open space for preservation, safeguarding natural resources, maintaining accessibility to trails, and providing environmental education. Overall, Friends of Princeton Open Space Inc is dedicated to enhancing the natural beauty of Princeton while promoting conservation and education efforts in the region.
Official website here: www.fopos.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 88% (Three-Star out of Four Stars)
Friends Of Princeton Open Space Inc has received a commendable rating of 88% from Charity Navigator, indicating a strong performance in accountability and finance. The organization boasts a perfect score for accountability measures, including an entirely independent board and effective oversight mechanisms. These factors contribute to the trustworthiness of the organization in managing its resources.
The organization’s financial health is also notable, with a program expense ratio of 72.08%, which reflects a substantial portion of its budget being directed towards its mission-related activities. This allocation indicates a commitment to fulfilling its purpose rather than diverting funds to administrative costs. Additionally, the organization has a solid liability to assets ratio of 0.77%, showcasing financial stability.
However, there are a couple of areas for improvement, such as the absence of a whistleblower policy and a document retention and destruction policy. While these missing components do not significantly detract from the overall rating, addressing them could enhance the organization's governance practices and demonstrate a further commitment to transparency and accountability.
This AI summary has been generated from information found on Charity Navigator.
Is Friends Of Princeton Open Space Inc legitimate?
Friends Of Princeton Open Space Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Friends Of Princeton Open Space 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: $76,638
For more financial information, click here
Official website here: www.fopos.org
What is the mission statement of Friends Of Princeton Open Space Inc?
Friends of Princeton Open Space Inc is dedicated to the preservation of natural resources and the protection of open spaces. Their mission includes maintaining accessibility to trails and providing environmental education. In addition, they work with various groups in the region to support efforts aimed at preserving and protecting open spaces and the environment. The organization manages the Billy Johnson Mountain Lakes Nature Preserve, holding conservation easements on the property. Invasive plants are removed, and ecological restoration projects are conducted. Native plants are grown, planted, and maintained under the supervision of the director of natural resources and stewardship.
Official website here: www.fopos.org
Who is the CEO of Friends Of Princeton Open Space Inc?
Wendy Mager is the Asst. Treasu of Friends Of Princeton Open Space Inc.
Official website here: www.fopos.org
What is the revenue of Friends Of Princeton Open Space Inc?
Friends Of Princeton Open Space Inc's revenue in 2022 was $219,356.
Official website here: www.fopos.org
Who are the executives of Friends Of Princeton Open Space Inc and what are their salaries?
The average compensation at Friends Of Princeton Open Space Inc during 2022 was $19,160. There are 4 employees and 200 volunteers at Friends Of Princeton Open Space Inc.
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Official website here: www.fopos.org
Where can I find the form 990 for Friends Of Princeton Open Space Inc?
Friends Of Princeton Open Space Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.fopos.org
Learn more at the official website: www.fopos.org
Mission Statement of Friends Of Princeton Open Space Inc
Friends of Princeton Open Space Inc, a dedicated nonprofit organization, is committed to preserving and protecting open spaces, safeguarding natural resources, and promoting environmental education. The organization's mission revolves around acquiring open spaces for preservation, ensuring accessibility to trails, and maintaining the integrity of the environment.
In their efforts, Friends of Princeton Open Space Inc manages the Billy Johnson Mountain Lakes Nature Preserve, where they hold conservation easements. They actively work towards the removal of invasive plants and conduct ecological restoration projects. Moreover, they cultivate and nurture native plants, which are then planted and maintained under the supervision of their Natural Resources and Stewardship director.
By engaging with various groups in the Princeton region, Friends of Princeton Open Space Inc also supports local initiatives aimed at preserving and protecting open spaces and the environment. Their contributions are instrumental in maintaining the balance of nature and promoting a healthier, more sustainable environment for all.
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Impact
June, 2024
Friends Of Princeton Open Space Inc has a significant impact on the preservation and protection of natural resources in Princeton and the surrounding region. By acquiring open space for preservation, maintaining accessibility to trails, and providing environmental education, this organization plays a crucial role in safeguarding the environment. Additionally, their efforts in managing the Billy Johnson Mountain Lakes Nature Preserve, conducting ecological restoration projects, and removing invasive plants contribute greatly to the conservation of native habitats and biodiversity. Through their work, Friends Of Princeton Open Space Inc actively promotes environmental stewardship and serves as a key ally in the protection of open spaces and the environment.
This information is meant to be a general summary of Friends Of Princeton Open Space 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: $13
- Gross Receipts: $219,356
Assets and Liabilities:
- Total Assets: $3,184,115
- Total Liabilities: $32,311
- Net Assets: $3,151,804
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Organization Details
Founding Year
1969
Phone
(609) 921-2772Principal Officer
Wendy Mager
Main Address
57 MOUNTAIN AVENUE, PRINCETON, NJ, 08540
Website
www.fopos.orgNTEE Category
Code: C500 - Environment
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