Overview
What is Harvard Conservation Trust?
The Harvard Conservation Trust is a nonprofit organization based in Harvard, Massachusetts, with a single employee. Their primary aim is to preserve the unique character and natural resources of the town. The trust focuses on acquiring and maintaining land, dedicating resources towards this noble cause for the benefit of the town of Harvard. Their mission is to ensure the long-term preservation of the town's distinct charm and natural resources, contributing to a sustainable and environmentally friendly future.
Official website here: www.harvardconservationtrust.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: One-Star out of Four Stars (56%)
The Harvard Conservation Trust has received a One-Star rating from Charity Navigator, indicating significant concerns regarding its financial management and accountability. While the organization boasts a fully independent board and strong policies in place for conflict of interest, whistleblower protection, and document retention, its overall financial performance raises red flags.
Notably, the trust's program expense ratio is relatively low at 43.34%, suggesting that a significant portion of its expenditures may not be directed towards its core mission. Additionally, the organization has not posted its tax form on its website, which is a critical transparency measure. A concerning liability to assets ratio of 0.04% also points to potential financial instability.
Despite these issues, the organization does have strengths, including complete independent oversight and a well-structured governance framework. However, to improve its rating and public trust, the Harvard Conservation Trust needs to address its financial management practices and enhance transparency regarding its financial documents.
This AI summary has been generated from information found on Charity Navigator.
Is Harvard Conservation Trust legitimate?
Harvard Conservation Trust is a legitimate nonprofit organization registered as a 501(c)(3) entity. Harvard Conservation 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:
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Other Salaries and Wages: $25,160
For more financial information, click here
Official website here: www.harvardconservationtrust.org
What is the mission statement of Harvard Conservation Trust?
The Harvard Conservation Trust is dedicated to preserving the unique character and natural resources of the area. Their mission is geared towards safeguarding the local environment, focusing on the acquisition and conservation of land. The expenses incurred by the Trust are primarily related to the cost of preserving land for the town of Harvard, Massachusetts.
Official website here: www.harvardconservationtrust.org
Who is the CEO of Harvard Conservation Trust?
Michael Morton is the President of Harvard Conservation Trust.
Official website here: www.harvardconservationtrust.org
What is the revenue of Harvard Conservation Trust?
Harvard Conservation Trust's revenue in 2022 was $684,698.
Official website here: www.harvardconservationtrust.org
Who are the executives of Harvard Conservation Trust and what are their salaries?
The average compensation at Harvard Conservation Trust during 2022 was $25,160. There is 1 employee and 50 volunteers at Harvard Conservation Trust.
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Official website here: www.harvardconservationtrust.org
Where can I find the form 990 for Harvard Conservation Trust?
Harvard Conservation Trust's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.harvardconservationtrust.org
Learn more at the official website: www.harvardconservationtrust.org
Mission Statement of Harvard Conservation Trust
The Harvard Conservation Trust is a dedicated organization that strives to preserve the unique character and natural resources of its area. Its mission is centered around acquiring and preserving land, working tirelessly to protect the environment for future generations. Through program service expenses, the Trust ensures the conservation of these precious resources, contributing significantly to the well-being of the local ecosystem.
In its efforts to preserve the unique character of the region, the Harvard Conservation Trust focuses on acquiring land, thereby safeguarding the natural resources that make the area special. The Trust's actions reflect a commitment to maintaining the balance between human development and environmental conservation, ensuring the long-term health of the environment.
By preserving land, the Harvard Conservation Trust plays a vital role in maintaining the natural resources that contribute to the area's unique character. Its work is essential in protecting the local ecosystem and promoting biodiversity, all while ensuring the continuation of these resources for future generations.
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Impact
July, 2024
Harvard Conservation Trust works to preserve the unique character and natural resources of Harvard, MA. Their main impact is seen through the acquisition and preservation of land for the town of Harvard. By doing so, they help protect the environment, maintain green spaces, and ensure the conservation of natural habitats in the area. This effort contributes to the overall well-being and sustainability of the community, making Harvard a more environmentally conscious and ecologically diverse place.
This information is meant to be a general summary of Harvard Conservation 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: $311,485
- Gross Receipts: $1,914,476
Assets and Liabilities:
- Total Assets: $10,657,177
- Total Liabilities: $4,552
- Net Assets: $10,652,625
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Organization Details
Founding Year
1973
Phone
(978) 456-9292Principal Officer
Michael Morton
Main Address
PO BOX 31, HARVARD, MA, 01451
NTEE Category
Code: C340 - Environment
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