Overview
What is Seven Ponds Reserve Fund?
Seven Ponds Reserve Fund is an investment facility associated with Seven Ponds Nature Center, Inc., a nonprofit organization based in Dryden, Michigan. The primary mission of Seven Ponds Nature Center is to foster an appreciation for the natural world and cultivate an environmental ethic in the communities of Southeast Michigan. They achieve this through education, serving as a community resource, and responsible stewardship of Seven Ponds and adjacent lands. The Seven Ponds Reserve Fund was established to provide a managed, temporary investment option for donations and other funds received by the Seven Ponds Nature Center operating entity. In conjunction with the Seven Ponds Endowment Fund, this trust ensures the stewardship of the operating entity's annual results and needs. In short, the Seven Ponds Reserve Fund serves as a financial tool to support the ongoing operations and conservation efforts of Seven Ponds Nature Center, contributing to a greener and more environmentally aware community in Southeast Michigan.
Official website here: www.sevenponds.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 76%, Three-Star out of Four Star rating from Charity Navigator.
Seven Ponds Reserve Fund has earned a solid Three-Star rating, reflecting a strong commitment to accountability and financial transparency. The charity’s score is primarily based on its performance in the Accountability & Finance beacon, where it has achieved a perfect score in several key areas, such as having an entirely independent board and maintaining a high program expense ratio.
The organization demonstrates effective governance practices with all board members being independent, which is essential for ensuring unbiased oversight. Furthermore, it has successfully maintained a 0.00% liabilities to assets ratio, indicating that it operates without debt, which is a positive signal for financial health.
Despite these strengths, the overall score remains just below the four-star threshold, suggesting there may be areas for improvement. While the charity is well-regarded for its financial practices and governance, potential donors might want to inquire further about its overall impact and program effectiveness.
This AI summary has been generated from information found on Charity Navigator.
Is Seven Ponds Reserve Fund legitimate?
Seven Ponds Reserve Fund is a legitimate nonprofit organization registered as a 501(c)(3) entity. Seven Ponds Reserve Fund 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
Official website here: www.sevenponds.org
What is the mission statement of Seven Ponds Reserve Fund?
The Seven Ponds Reserve Fund serves as an investment facility for the Seven Ponds Nature Center. Its mission is to foster an appreciation for the natural world and develop an environmental ethic within communities, particularly in Southeast Michigan. This is achieved through education, community service, and responsible stewardship of Seven Ponds and adjacent lands. The trust was established to offer a managed, temporary investment option for donations and funds received by the Seven Ponds Nature Center operating entity. In conjunction with the Seven Ponds Endowment Fund, this trust provides oversight of the operating entity's annual results and needs.
Official website here: www.sevenponds.org
Who is the CEO of Seven Ponds Reserve Fund?
Daryl Bernard is the Exec Directo of Seven Ponds Reserve Fund.
Official website here: www.sevenponds.org
What is the revenue of Seven Ponds Reserve Fund?
Seven Ponds Reserve Fund's revenue in 2022 was $0.
Official website here: www.sevenponds.org
Who are the executives of Seven Ponds Reserve Fund and what are their salaries?
Here are 5 key members and their salaries:
- Compensation: $0
- Related: $34,615
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.sevenponds.org
Where can I find the form 990 for Seven Ponds Reserve Fund?
Seven Ponds Reserve Fund's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.sevenponds.org
Learn more at the official website: www.sevenponds.org
Mission Statement of Seven Ponds Reserve Fund
The Seven Ponds Reserve Fund serves as an investment facility for the Seven Ponds Nature Center, Inc. This trust is directly linked to the nature center, which aims to foster an appreciation for the natural world and develop an environmental ethic in the communities of Southeast Michigan. The Fund accomplishes this through education, service as a community resource, and responsible stewardship of Seven Ponds and adjacent lands.
Established to provide a managed, temporary investment option for donations and other funds received by the Seven Ponds Nature Center operating entity, the Fund's primary role is to ensure the annual results and needs of the center are met. By working in conjunction with the Seven Ponds Endowment Fund, another related entity, the Fund upholds the center's mission and goals.
In essence, the Seven Ponds Reserve Fund functions as a bridge between donors and the nature center, ensuring that the center's invaluable work in educating the public about the environment and promoting responsible stewardship continues unabated. This mission is crucial in fostering a greater understanding and respect for the natural world, ultimately leading to a more sustainable future for all.
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Impact
June, 2024
The Seven Ponds Reserve Fund plays a crucial role in supporting the Seven Ponds Nature Center in its mission to foster an appreciation for the natural world and promote environmental ethics in Southeast Michigan communities. By serving as an investment facility for the nature center, this fund helps manage and allocate donations and other funds received by the organization, ensuring responsible stewardship of Seven Ponds and its surrounding lands.
Through its financial support, the Seven Ponds Reserve Fund enables the nature center to continue providing educational programs, community services, and environmental conservation initiatives. By working in conjunction with the Seven Ponds Endowment Fund, this trust helps sustain the operational needs of the nature center, ensuring its long-term viability and impact on the local environment.
In summary, the impact of the Seven Ponds Reserve Fund is instrumental in enabling the Seven Ponds Nature Center to fulfill its mission of promoting environmental awareness, education, and responsible stewardship in Southeast Michigan.
This information is meant to be a general summary of Seven Ponds Reserve Fund. 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.
Assets and Liabilities:
- Total Assets: $330,386
- Total Liabilities: $0
- Net Assets: $330,386
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Organization Details
Founding Year
2010
Phone
(810) 796-3200Principal Officer
Daryl Bernard
Main Address
3854 CRAWFORD ROAD, DRYDEN, MI, 48428
Website
www.sevenponds.orgNTEE Category
Code: C11 - Environment
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