Overview
What is Tyger River Foundation?
The Tyger River Foundation is a nonprofit organization based in Spartanburg, South Carolina. Their mission revolves around promoting, protecting, and restoring the natural and historical resources of the Tyger River Basin. To achieve this, they have established four public access sites on the river for activities like paddling, fishing, and swimming. One of their significant accomplishments is the acquisition of the historic Anderson Mill Gristmill from the 1700s, where they are currently undertaking an extensive restoration project. This includes making the mill operational and creating a park area for public use. Furthermore, the foundation has acquired several parcels of land with historical or environmental importance to protect them from development and provide controlled public access. With a small team of one employee, the Tyger River Foundation continues to make steady progress in their mission to encourage an active outdoor lifestyle while preserving the river's resources.
What are the reviews and ratings of this charity?
Rating from Charity Navigator: 67% (Two-Star out of Four Star rating)
The Tyger River Foundation has received a Two-Star rating from Charity Navigator, indicating a need for improvement despite strong performance in accountability and finance. The overall score is derived solely from the Accountability & Finance beacon, reflecting a significant focus on these areas.
The foundation has strengths in governance, with 100% of its board members being independent, and it maintains a healthy program expense ratio of 94.13%, suggesting effective allocation of funds towards its mission. Additionally, there are no reported material diversions of assets, indicating sound financial management practices.
However, the low overall rating highlights potential limitations in other performance metrics that are not addressed in the current assessment. While their governance and financial practices are commendable, the charity may need to enhance its programmatic effectiveness and transparency to improve its standing in future evaluations.
This AI summary has been generated from information found on Charity Navigator.
Is Tyger River Foundation legitimate?
Tyger River Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Tyger River Foundation 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: $52,500
For more financial information, click here
What is the mission statement of Tyger River Foundation?
The Tyger River Foundation works to preserve and enhance the natural and historic resources within the Tyger River Basin, while encouraging an active outdoor lifestyle. They have made significant strides towards this mission, establishing four public access sites on the Tyger River for recreational activities like paddling, fishing, and swimming. Notably, they have acquired the historic Anderson Mill Gristmill, initiating a comprehensive restoration project that includes restoring the mill to operational status and developing a park area. Furthermore, they have acquired significant parcels of land with historical or environmental importance, protecting them from development and providing controlled public access.
Who is the CEO of Tyger River Foundation?
Julian Hankinson is the Board Member of Tyger River Foundation.
What is the revenue of Tyger River Foundation?
Tyger River Foundation's revenue in 2022 was $1,332,458.
Who are the executives of Tyger River Foundation and what are their salaries?
The average compensation at Tyger River Foundation during 2022 was $52,500. There is 1 employee at Tyger River Foundation.
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Where can I find the form 990 for Tyger River Foundation?
Tyger River Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Tyger River Foundation
The Tyger River Foundation, a dedicated organization, strives to promote, protect, and restore the natural and historic resources of the Tyger River Basin while encouraging an active outdoor lifestyle. By fulfilling its mission, the Foundation has made significant strides in securing public access to the river for various activities such as paddling, fishing, and swimming. Furthermore, the Foundation has established several sites along the Tyger River, providing no-charge, legal access for the public to enjoy.
In addition to its focus on the river, the Foundation has also taken on the restoration of a historic gristmill, the Anderson Mill, which dates back to the 1700s. The aim is to restore the mill to full operational capacity and create a park area for public enjoyment. Moreover, the Foundation has acquired significant parcels of land with historical or environmental importance, safeguarding them from development and providing controlled access for the public. The Tyger River Foundation's work serves as a testament to its commitment to preserving the Tyger River Basin's natural and historical resources for future generations.
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Impact
June, 2024
Tyger River Foundation has had a significant impact on promoting, protecting, and restoring the natural and historic resources of the Tyger River Basin. They have created four sites along the Tyger River, providing free access for the public to enjoy activities such as paddling, fishing, and swimming. Additionally, they have undertaken the restoration of the historic Anderson Mill Gristmill from the 1700s, turning it into an operational mill and park area. The foundation has also preserved important parcels of land with historical or environmental significance, safeguarding them from development and granting controlled access to the public. Overall, Tyger River Foundation's efforts have made a tangible difference in conserving the natural and cultural heritage of the Tyger River Basin and promoting an active outdoor lifestyle for the community.
This information is meant to be a general summary of Tyger River Foundation. 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: $149
- Gross Receipts: $1,332,458
Assets and Liabilities:
- Total Assets: $4,511,928
- Total Liabilities: $0
- Net Assets: $4,511,928
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Organization Details
Founding Year
2007
Phone
(864) 574-6536Principal Officer
Julian Hankinson
Main Address
P O BOX 171954, SPARTANBURG, SC, 29301
NTEE Category
Code: C32 - Environment
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