Overview
What is South Fork Land Foundation Inc?
The South Fork Land Foundation Inc is a nonprofit organization that focuses on preserving farmland and open spaces. Their primary mission is to work collaboratively with landowners to ensure the conservation of these areas, while also leasing farmland to farmers. The organization contributes to supporting various organizations that share their mutual goal of preserving working farms. In essence, the South Fork Land Foundation Inc is dedicated to safeguarding the agricultural landscape and promoting sustainable farming practices for future generations.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 80% (Three-Star out of Four Star Rating)
The South Fork Land Foundation Inc has earned a solid Three-Star rating from Charity Navigator, reflecting its strong accountability and financial health. This rating is derived entirely from its performance in the Accountability & Finance category, indicating that the foundation has a reliable governance structure and sound financial practices.
A notable strength of the organization is its board composition, which consists entirely of independent members, showcasing its commitment to transparency and avoidance of conflicts of interest. The foundation has also demonstrated effective management of its resources, with no material diversion of assets, and maintains a strong liabilities to assets ratio of 0.00%. Additionally, the organization actively documents its board meeting minutes, which is a positive indicator of its operational transparency.
However, while the foundation's program expense ratio stands at a commendable 74.20%, indicating that a significant portion of its expenses is directed toward programs rather than administrative costs, there may be opportunities for improvement in other areas not covered in the available data. Overall, the South Fork Land Foundation presents itself as a responsible organization committed to its mission.
This AI summary has been generated from information found on Charity Navigator.
Is South Fork Land Foundation Inc legitimate?
South Fork Land Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. South Fork 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:
Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
What is the mission statement of South Fork Land Foundation Inc?
The South Fork Land Foundation Inc is dedicated to the preservation of farmland and open spaces. The organization works closely with landowners to ensure these areas are protected. They lease farmland to farmers, aiming to keep the land productive and in use. Furthermore, the Foundation supports various initiatives to maintain working farms, as part of their mission to preserve open spaces.
Who is the CEO of South Fork Land Foundation Inc?
L Foster is the Director of South Fork Land Foundation Inc.
What is the revenue of South Fork Land Foundation Inc?
South Fork Land Foundation Inc's revenue in 2022 was $52,085.
Who are the executives of South Fork Land Foundation Inc and what are their salaries?
There 6 volunteers at South Fork Land Foundation Inc.
Here are 7 key members and their salaries:
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Where can I find the form 990 for South Fork Land Foundation Inc?
South Fork Land Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of South Fork Land Foundation Inc
The South Fork Land Foundation Inc is a nonprofit organization dedicated to the preservation of farmland and open spaces. This charitable entity works closely with landowners to ensure the conservation of these vital areas, leasing the land to farmers who share this mission. By doing so, the South Fork Land Foundation Inc contributes to the mutual goal of maintaining working farms, thereby fostering a sustainable agriculture landscape. In essence, the South Fork Land Foundation Inc plays a crucial role in preserving the natural beauty and agricultural potential of open spaces, ensuring their continued use for future generations.
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Impact
June, 2024
South Fork Land Foundation Inc's impact lies in the preservation of farmland and open spaces. They work directly with landowners to ensure that these valuable resources are protected for future generations. By leasing farmland to farmers and supporting organizations with similar goals, they contribute significantly to the preservation of working farms and the environment. Their work in Sagaponack, NY, reflects a commitment to maintaining the beauty and sustainability of the local landscape.
This information is meant to be a general summary of South Fork 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: $33,620
- Gross Receipts: $52,085
Assets and Liabilities:
- Total Assets: $6,883,802
- Total Liabilities: $0
- Net Assets: $6,883,802
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Organization Details
Founding Year
1978
Phone
(631) 537-1014Principal Officer
L Foster
Main Address
P O BOX 384, SAGAPONACK, NY, 11962
NTEE Category
Code: C30J - Environment
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