Overview
What is Magnolia Tree Earth Center Of Bedford Stuyvesant?
Magnolia Tree Earth Center of Bedford Stuyvesant is a nonprofit organization situated in Brooklyn, New York. Their primary focus is on environmental education and community revitalization. They offer a green business training program for local youth, encouraging entrepreneurship and sustainability within the community. The center also provides community gardening and environmental education classes, fostering a deeper understanding and appreciation for the environment. Their initiatives aim to improve the local area, contributing positively to the community and its inhabitants.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 79% (Three-Star out of Four Star rating)
Magnolia Tree Earth Center Of Bedford Stuyvesant holds a Three-Star rating from Charity Navigator, indicating a respectable level of accountability and financial health. The organization has demonstrated strong governance practices, including a fully independent board and solid policies regarding conflicts of interest and whistleblower protection. Their program expense ratio is impressive at 76.01%, which suggests that the majority of their funding is directed towards their programs and services.
While the organization excels in several areas, it has received a score of 0 out of 15 points for its liabilities to assets ratio, indicating potential concerns regarding financial stability. This could be an area for improvement, as it suggests the organization may have higher liabilities compared to its assets. However, the absence of material diversion of assets is a positive highlight, reinforcing the integrity of their financial practices.
Overall, Magnolia Tree Earth Center shows strong commitment to its mission and effective management, but stakeholders may want to keep an eye on their financial ratios to ensure long-term sustainability. The charity's transparency in operations and robust board governance are commendable, making it a worthy organization for support.
This AI summary has been generated from information found on Charity Navigator.
Is Magnolia Tree Earth Center Of Bedford Stuyvesant legitimate?
Magnolia Tree Earth Center Of Bedford Stuyvesant is a legitimate nonprofit organization registered as a 501(c)(3) entity. Magnolia Tree Earth Center Of Bedford Stuyvesant 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
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What is the mission statement of Magnolia Tree Earth Center Of Bedford Stuyvesant?
Magnolia Tree Earth Center of Bedford Stuyvesant is dedicated to providing environmental education services and fostering community revitalization projects. One of their key initiatives is establishing a green business training program for local youth. Their programs encompass various activities, such as community gardening and environmental education classes, aiming to promote environmental awareness and sustainable practices. The center's mission is to contribute positively to the community by educating and empowering its members to adopt eco-friendly practices.
Who is the CEO of Magnolia Tree Earth Center Of Bedford Stuyvesant?
Jacinta Penton is the Treasurer of Magnolia Tree Earth Center Of Bedford Stuyvesant.
What is the revenue of Magnolia Tree Earth Center Of Bedford Stuyvesant?
Magnolia Tree Earth Center Of Bedford Stuyvesant's revenue in 2022 was $154,575.
Who are the executives of Magnolia Tree Earth Center Of Bedford Stuyvesant and what are their salaries?
Here are 5 key members and their salaries:
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Where can I find the form 990 for Magnolia Tree Earth Center Of Bedford Stuyvesant?
Magnolia Tree Earth Center Of Bedford Stuyvesant's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Magnolia Tree Earth Center Of Bedford Stuyvesant
Magnolia Tree Earth Center of Bedford Stuyvesant is dedicated to providing environmental education services and fostering community revitalization efforts. One of their key initiatives involves establishing a green business training program for local youth, aiming to equip them with the necessary skills for sustainable entrepreneurship. Beyond this, the center offers community gardening programs and environmental education classes, providing a hands-on approach to environmental education. The mission of Magnolia Tree Earth Center of Bedford Stuyvesant is to empower individuals and communities through environmental education and promote sustainable business practices.
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Impact
October, 2024
Magnolia Tree Earth Center of Bedford Stuyvesant significantly impacts the community through its focus on environmental education and revitalization. By providing a range of programs, including community gardening and environmental education classes, the center fosters a deeper understanding of ecological principles among local residents.
One key aspect of their work is the establishment of a green business training program aimed at local youth. This initiative not only equips young people with valuable skills for future employment but also encourages sustainable practices within the community. By engaging youth in hands-on learning experiences, Magnolia Tree empowers the next generation to become advocates for environmental stewardship.
Additionally, the center plays a vital role in transforming underutilized spaces into thriving community gardens, promoting green spaces that enhance local biodiversity and improve the quality of life for residents. Through these efforts, Magnolia Tree Earth Center nurtures a sense of ownership and responsibility towards the environment, ultimately contributing to a healthier, more sustainable Bedford Stuyvesant.
This information is meant to be a general summary of Magnolia Tree Earth Center Of Bedford Stuyvesant. 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.
- Gross Receipts: $205,991
Assets and Liabilities:
- Total Assets: $152,514
- Total Liabilities: $117,799
- Net Assets: $34,715
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Organization Details
Founding Year
1972
Principal Officer
Jacinta Penton
Main Address
677 LAFAYETTE AVENUE, BROOKLYN, NY, 11216
NTEE Category
Code: O52Z - Youth development
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