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Stone Soup Leadership Institute Inc

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 311594004 ✦ Vineyard haven, MA ✦ Designated as a 501(c)(3)

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Overview

What is Stone Soup Leadership Institute Inc?

Stone Soup Leadership Institute Inc, based in Swansea, Massachusetts, is a nonprofit organization that focuses on nurturing young leaders to foster a more sustainable world. Their mission involves developing educational resources, offering technical assistance, and providing training initiatives. This nonprofit is actively engaged in various projects, initially initiating them in Vieques, Virgin Gorda, Martha's Vineyard, and later expanding to Hawaii. The Institute's year-round program, known as the Martha's Vineyard Youth Leadership Initiative, includes the Youth Leadership Summit for Sustainable Development, Job Shadow Day, College Prep Field Program, Sustainable Vineyard Map, a 2020 Report Project, and concludes with the Walter Cronkite Awards Ceremony. Collaborating with local organizations, MVYLI members participate in numerous community events, such as the Governor's Youth Council, Cape and Islands Youth Congress, NAACP Juneteenth Conference, Bioneer-by-the-Bay, and interning with Martha's Vineyard Community Television.


Official website here: www.soup4worldinstitute.com

What are the reviews and ratings of this charity?

Charity Navigator Rating: 75% (Three-Star out of Four Star rating)

Stone Soup Leadership Institute Inc has received a Three-Star rating from Charity Navigator, indicating a generally positive assessment of its accountability and financial management. The organization scored 73 in Accountability & Finance, reflecting strengths in having a majority of independent board members and no material diversion of assets. Their program expense ratio is solid at 67.09%, suggesting that a good portion of their expenditures is directed towards their programs.

However, the organization does face some limitations, particularly in policy areas. The absence of a conflict of interest policy, whistleblower policy, and document retention policy has resulted in lower scores in these categories. Despite this, the score in Culture & Community is notably high at 89, indicating a strong community engagement and organizational culture.

Overall, while Stone Soup Leadership Institute Inc demonstrates effective financial management and a commitment to its mission, addressing the noted policy deficiencies could enhance its accountability further and improve its score.


This AI summary has been generated from information found on Charity Navigator.

Is Stone Soup Leadership Institute Inc legitimate?

Stone Soup Leadership Institute Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Stone Soup Leadership Institute 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: $54,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.soup4worldinstitute.com

What is the mission statement of Stone Soup Leadership Institute Inc?

The Stone Soup Leadership Institute's mission involves developing educational resources and offering technical assistance and training initiatives to prepare young emerging leaders. Their goal is to equip these leaders with the skills necessary to contribute to a more sustainable world. The institute has initiated projects in various locations, including Vieques, Virgin Gorda, Martha's Vineyard, and Hawaii. In the context of Martha's Vineyard, the institute runs a year-round Youth Leadership Initiative (MVYLI). This program includes events such as the Youth Leadership Summit for Sustainable Development, Job Shadow Day, College Prep Field Program, Sustainable Vineyard Map, and the Walter Cronkite Awards Ceremony. MVYLI members collaborate with local organizations, coordinate events, and represent youth in various forums.


Official website here: www.soup4worldinstitute.com

What is the revenue of Stone Soup Leadership Institute Inc?

Stone Soup Leadership Institute Inc's revenue in 2023 was $499,473.


Official website here: www.soup4worldinstitute.com

Who are the executives of Stone Soup Leadership Institute Inc and what are their salaries?

The average compensation at Stone Soup Leadership Institute Inc during 2023 was $54,000. There is 1 employee at Stone Soup Leadership Institute Inc.

Here are 5 key members and their salaries:


Karen Stone Mccown (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Hulas King (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Carol Saysette (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Marianne Larned (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Nane Alejandrez (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.soup4worldinstitute.com

Where can I find the form 990 for Stone Soup Leadership Institute Inc?

Stone Soup Leadership Institute Inc's most recent form 990 was submitted in 2023 and can be accessed here.


Official website here: www.soup4worldinstitute.com

Learn more at the official website: www.soup4worldinstitute.com

Mission Statement of Stone Soup Leadership Institute Inc

Stone Soup Leadership Institute, a nonprofit organization, is dedicated to fostering the development of educational tools and providing technical assistance and training initiatives. Their primary objective is to prepare young emerging leaders to contribute to a more sustainable future. The Institute has undertaken projects in various locations, including Vieques, Virgin Gorda, Martha's Vineyard, and Hawaii.

In line with their mission, Stone Soup Leadership Institute has initiated various programs, such as the Martha's Vineyard Youth Leadership Initiative (MVYLI). This year-round program starts with the Youth Leadership Summit for Sustainable Development and continues with activities like Job Shadow Day, the College Prep Field Program, the Sustainable Vineyard Map, and the 2020 Report Project. The culmination of the program is the Walter Cronkite Awards Ceremony. MVYLI members collaborate with island organizations, coordinate events like the first MV Farmers Roundtable, and serve as representatives on the Governor's Youth Council, Cape and Islands Youth Congress, NAACP Juneteenth Conference, Bioneer-by-the-Bay, and interns with Martha's Vineyard Community Television.

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Impact




July, 2024

Stone Soup Leadership Institute Inc's impact can be seen through its development of educational tools and provision of technical assistance and training initiatives aimed at preparing young emerging leaders to build a more sustainable world. One of its notable programs, the Martha's Vineyard Youth Leadership Initiative, is a year-round program that includes various activities such as the Youth Leadership Summit for Sustainable Development, job shadow days, college prep field programs, sustainable Vineyard map and report projects, and the Walter Cronkite Awards ceremony.

Participants in the Martha's Vineyard Youth Leadership Initiative collaborate with island organizations, serve as representatives on important councils and conferences, and intern with local community television. Through these initiatives, Stone Soup Leadership Institute Inc is empowering young individuals to become effective leaders and make meaningful contributions to their communities.




This information is meant to be a general summary of Stone Soup Leadership Institute 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.

Revenue
$499,473 (2023)
Expenses
$496,469 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $1,333
  • Gross Receipts: $499,473

Assets and Liabilities:

  • Total Assets: $57,408
  • Total Liabilities: $12,544
  • Net Assets: $44,864

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Organization Details

Founding Year

1997

Principal Officer

Marianne Larned

NTEE Category

Code: A23 - Arts

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