Overview
What is Croatan Institute?
Croatan Institute is an independent, non-profit research and action organization based in Durham, North Carolina. Their primary mission is to foster social equity and ecological resilience by employing finance to develop pathways towards a just economy. They have been active in various initiatives, such as completing a major USDA Conservation Innovation Grant on Soil Wealth Areas, publishing research on regenerative agriculture infrastructure across value chains, and initiating a new USDA grant to develop a Smart Food Chain that expands markets for regenerative agriculture. Additionally, they have contributed to collaborative projects, including creating an agroforestry financing guidebook and working on Grassland 2.0, a multi-year initiative to transition the Midwest to more sustainable, grassland-based agricultural systems. With a dedicated workforce of 13 individuals, Croatan Institute continues to work towards a more sustainable and equitable future.
Official website here: www.croataninstitute.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 88% (Three-Star out of Four Stars)
The Croatan Institute has achieved an overall rating of 88%, which classifies it as a Three-Star nonprofit. This rating reflects a strong performance in Accountability & Finance, with a score of 89, indicating effective financial management and transparency. The organization has demonstrated solid practices through a fully audited financial statement and the implementation of essential policies, such as conflict of interest and whistleblower protections.
However, while the institute's program expense ratio stands at 77.30%, which is commendable, its Culture & Community score is lower at 79. This may suggest areas for improvement regarding community engagement and organizational culture. Additionally, the board composition shows that only 55% of members are independent, which could be a consideration for enhancing governance practices.
Overall, the Croatan Institute shows a commitment to accountability and ethical management, but there may be opportunities to bolster its community involvement and increase the proportion of independent board members to strengthen governance.
This AI summary has been generated from information found on Charity Navigator.
Is Croatan Institute legitimate?
Croatan Institute is a legitimate nonprofit organization registered as a 501(c)(3) entity. Croatan Institute 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: $273,628
Professional Fundraising Fees: $0
Other Salaries and Wages: $648,063
For more financial information, click here
Official website here: www.croataninstitute.org
What is the mission statement of Croatan Institute?
Croatan Institute is a nonprofit research and action organization, working independently to promote social equity and ecological resilience. They achieve this by leveraging finance to create pathways towards a just economy. Their efforts focus on building ecological resilience through various initiatives, such as completing a major USDA Conservation Innovation Grant on Soil Wealth Areas, publishing studies on investing in regenerative agriculture infrastructure, and commencing a new USDA CIG on developing a Smart Food Chain. Additionally, they contribute to collaborative projects, including developing an agroforestry financing guidebook and working on Grassland 2.0, a multi-year initiative to transition agricultural systems towards more grassland-based practices.
Official website here: www.croataninstitute.org
Who is the CEO of Croatan Institute?
Joshua Humphreys is the Senior Fellow of Croatan Institute.
Official website here: www.croataninstitute.org
What is the revenue of Croatan Institute?
Croatan Institute's revenue in 2022 was $1,384,434.
Official website here: www.croataninstitute.org
Who are the executives of Croatan Institute and what are their salaries?
The average compensation at Croatan Institute during 2022 was $70,899. There are 13 employees and 25 volunteers at Croatan Institute.
Here are 7 key members and their salaries:
- Compensation: $116,500
- Related: $0
- Other: $2,330
- Compensation: $101,094
- Related: $0
- Other: $2,022
- Compensation: $95,867
- Related: $0
- Other: $5,925
- Compensation: $76,667
- Related: $0
- Other: $4,819
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.croataninstitute.org
Where can I find the form 990 for Croatan Institute?
Croatan Institute's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.croataninstitute.org
Learn more at the official website: www.croataninstitute.org
Mission Statement of Croatan Institute
The Croatan Institute is a nonprofit research and action organization with a mission focused on building social equity and ecological resilience. By leveraging finance, the Institute strives to create pathways towards a just economy.
In pursuit of its mission, the Croatan Institute has taken on several significant projects. Notably, it has completed a major USDA Conservation Innovation Grant on Soil Wealth Areas, and published a study on investing in regenerative agriculture infrastructure across value chains. Additionally, the Institute has embarked on a new USDA CIG project, aiming to develop a Smart Food Chain that expands markets for regenerative agriculture by capturing the nutritional and ecosystem benefits of these practices.
Furthermore, the Croatan Institute has contributed to collaborative initiatives such as developing an agroforestry financing guidebook and working on Grassland 2.0, a multi-year initiative aimed at transitioning agricultural systems towards more grassland-based models. These initiatives reflect the Institute's commitment to promoting ecological resilience and ensuring a more sustainable and equitable food system.
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Impact
June, 2024
Croatan Institute's impact lies in its mission to build social equity and ecological resilience through leveraging finance to create pathways to a just economy. One significant aspect of their work includes completed projects like a major USDA Conservation Innovation Grant on Soil Wealth Areas and a study on investing in regenerative agriculture infrastructure across value chains. Additionally, they have initiated projects like developing a Smart Food Chain to expand markets for regenerative agriculture and have contributed to collaborative efforts such as creating an agroforestry financing guidebook and participating in the Grassland 2.0 initiative to transition the Midwest to more sustainable agricultural systems. Overall, Croatan Institute's work is focused on driving positive change in the intersection of finance, the environment, and social equity.
This information is meant to be a general summary of Croatan Institute. 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: $2,539
- Program Service Revenue: $513,729
- Gross Receipts: $1,384,434
Assets and Liabilities:
- Total Assets: $831,046
- Total Liabilities: $618,312
- Net Assets: $212,734
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
CONSULTING
Revenue
$484,429
HONORARIA/SPEAKING FEES
Revenue
$1,050
FISCAL AGENT FEES
Revenue
$28,250
Organization Details
Founding Year
2013
Phone
(919) 794-7440Principal Officer
Joshua Humphreys
Main Address
PO Box 2044, Durham, NC, 27702
Website
www.croataninstitute.orgNTEE Category
Code: C30 - Environment
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