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Palmetto Bluff Foundation Inc

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

EIN: 412128551 ✦ Bluffton, SC ✦ Designated as a 501(c)(3)

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Overview

What is Palmetto Bluff Foundation Inc?

The Palmetto Bluff Foundation Inc is a non-profit organization, dedicated to preserving and protecting the natural environment of the Palmetto Bluff community. They manage wildlife in the area and conserve specific land within Palmetto Bluff. Their mission encompasses the maintenance of the community's pristine environment, ensuring its sustainability for future generations.

What are the reviews and ratings of this charity?

Charity Navigator Rating: 52% (One-Star out of Four Stars)

Palmetto Bluff Foundation Inc holds a low rating of 52% from Charity Navigator, indicating significant concerns regarding its accountability and financial practices. The organization has scored poorly in several key areas, including board independence and financial statement transparency. With only 28% of its board members being independent and missing crucial governance policies, these factors raise questions about oversight and organizational integrity.

On a more positive note, the foundation demonstrates strong efficiency in its program expenses, with a program expense ratio of 92.51%. This indicates that a substantial portion of its resources is directed towards its mission-related activities rather than administrative costs. Additionally, the foundation has no material diversion of assets, suggesting responsible asset management.

Despite its effective program spending, the nonprofit's shortcomings in governance and transparency are notable limitations that potential donors and supporters should consider. The absence of a website, conflict of interest policy, and other essential documents further highlights the need for improvements in operational accountability. Overall, while the foundation's programmatic focus is commendable, its lack of transparency and governance structures could pose challenges for stakeholder trust.


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

Is Palmetto Bluff Foundation Inc legitimate?

Palmetto Bluff Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Palmetto Bluff 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 Palmetto Bluff Foundation Inc?

The Palmetto Bluff Foundation, a non-profit organization, is dedicated to the preservation and protection of the natural environment within its community. Specifically, the Foundation focuses on managing wildlife and conserving land in the Palmetto Bluff area, with the aim of preserving the region's ecological integrity.

Who is the CEO of Palmetto Bluff Foundation Inc?

Patricia R Kennedy is the President of Palmetto Bluff Foundation Inc.

What is the revenue of Palmetto Bluff Foundation Inc?

Palmetto Bluff Foundation Inc's revenue in 2022 was $1,817,104.

Who are the executives of Palmetto Bluff Foundation Inc and what are their salaries?

There 25 volunteers at Palmetto Bluff Foundation Inc.


Here are 7 key members and their salaries:


Patricia R Kennedy (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Duus (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Sewell (Secretary/Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mark Polites (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Steven Carter (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
M Troy Lucas (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Will Culp (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Palmetto Bluff Foundation Inc?

Palmetto Bluff Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Palmetto Bluff Foundation Inc

The Palmetto Bluff Foundation, a non-profit organization, is dedicated to the preservation and protection of the natural environment within the Palmetto Bluff community. The Foundation's primary mission revolves around managing wildlife in the area and conserving specific land within the Palmetto Bluff region, ensuring the continued existence of its pristine ecosystems. By doing so, the Foundation aims to maintain the unique beauty and biodiversity of the Palmetto Bluff community for future generations to enjoy.

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Impact




June, 2024

Palmetto Bluff Foundation Inc's impact lies in its dedicated efforts to preserve and protect the natural environment of the Palmetto Bluff community in Bluffton, SC. Through its mission-driven focus, the Foundation actively manages wildlife in the area and works to conserve specific parcels of land within Palmetto Bluff. This commitment not only safeguards the local ecosystem but also contributes to the overall conservation of the environment, highlighting the Foundation's vital role in maintaining the ecological balance of the community.




This information is meant to be a general summary of Palmetto Bluff 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.

Revenue
$1,817,104 (2022)
Expenses
$1,110,729 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $158
  • Program Service Revenue: $1,488,022
  • Gross Receipts: $1,817,104

Assets and Liabilities:

  • Total Assets: $5,565,654
  • Total Liabilities: $190,902
  • Net Assets: $5,374,752

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

CONSERVATION REVENUE

Revenue

$1,073,922

WILDLIFE REVENUE

Revenue

$300,000

EVENTS/PROGRAMS REVENU

Revenue

$114,100

Organization Details

Founding Year

2004

Principal Officer

Patricia R Kennedy

Main Address

655 OLD MORELAND ROAD, BLUFFTON, SC, 29910

NTEE Category

Code: C34 - Environment

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