Overview
What is Edwards Aquifer Conservancy?
The Edwards Aquifer Conservancy (EAC) is a nonprofit organization based in San Antonio, Texas, with a primary mission to support and benefit the Edwards Aquifer Authority, a political subdivision of the State of Texas. Established as a 509(a)(3) Supporting Organization, EAC works collaboratively with various entities to further water conservation efforts in the Edwards Aquifer region. In 2022, the organization entered into a significant agreement with Microsoft Corporation for this purpose. The EAC's activities are defined as publicly supported organizations under Section 170(c)(1) of the Internal Revenue Code. Although the exact nature of their work is not specified, it can be inferred that they focus on conserving and managing the Edwards Aquifer, a critical water source in Texas.
Official website here: www.eaconservancy.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 90%
Edwards Aquifer Conservancy has earned a Four-Star out of Four Star rating from Charity Navigator, reflecting strong performance in Accountability & Finance with a score of 90. This rating indicates that the organization operates with a high level of transparency and fiscal responsibility, evidenced by its 100% independent board and effective financial oversight.
The organization demonstrates admirable strengths, particularly in maintaining a low liability-to-asset ratio and a high program expense ratio, directing approximately 85.3% of its budget to programs. However, there are some areas for improvement, notably the absence of a conflict of interest policy and whistleblower policy, which are essential for enhancing organizational governance.
While the overall financial health appears solid, the fundraising efficiency ratio indicates a concerning level of expense relative to fundraising activities. This suggests that while the organization is effective in its operational aspects, it may need to refine its fundraising strategies to ensure sustainability and continued impact.
This AI summary has been generated from information found on Charity Navigator.
Is Edwards Aquifer Conservancy legitimate?
Edwards Aquifer Conservancy is a legitimate nonprofit organization registered as a 501(c)(3) entity. Edwards Aquifer Conservancy 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.eaconservancy.org
What is the mission statement of Edwards Aquifer Conservancy?
The Edwards Aquifer Conservancy is a non-profit organization, established to support and benefit the Edwards Aquifer Authority, a political subdivision of the State of Texas. This organization, by definition, is a publicly supported one as per Section 170(c)(1) of the Internal Revenue Code. The primary aim of the Edwards Aquifer Conservancy is to lend its support exclusively to the Edwards Aquifer Authority, contributing to its mission. In 2022, the Conservancy entered into a significant collaboration with Microsoft Corporation, focusing on water conservation efforts in the Edwards Aquifer region.
Official website here: www.eaconservancy.org
Who is the CEO of Edwards Aquifer Conservancy?
Carol Patterson is the Member of Edwards Aquifer Conservancy.
Official website here: www.eaconservancy.org
What is the revenue of Edwards Aquifer Conservancy?
Edwards Aquifer Conservancy's revenue in 2022 was $207,501.
Official website here: www.eaconservancy.org
Who are the executives of Edwards Aquifer Conservancy and what are their salaries?
There 125 volunteers at Edwards Aquifer Conservancy.
Here are 6 key members and their salaries:
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Official website here: www.eaconservancy.org
Where can I find the form 990 for Edwards Aquifer Conservancy?
Edwards Aquifer Conservancy's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.eaconservancy.org
Learn more at the official website: www.eaconservancy.org
Mission Statement of Edwards Aquifer Conservancy
The Edwards Aquifer Conservancy, a 509(a)(3) Supporting Organization, is an entity established exclusively to support and benefit the Edwards Aquifer Authority, a political subdivision of the State of Texas. This organization is classified as a Section 501(c)(3) publicly supported organization, as defined in Section 170(c)(1) of the Internal Revenue Code. The Edwards Aquifer Conservancy's primary mission is to collaborate with and support the Edwards Aquifer Authority in their efforts to conserve and protect the Edwards Aquifer region. In 2022, the Conservancy entered into a significant agreement with Microsoft Corporation, focusing on water conservation in the Edwards Aquifer region, further emphasizing their commitment to preserving this crucial water source. The Edwards Aquifer Conservancy's work is instrumental in ensuring the health and sustainability of the Edwards Aquifer, a vital water resource for the state of Texas.
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Impact
June, 2024
The Edwards Aquifer Conservancy's impact lies in its dedicated support and benefit to the Edwards Aquifer Authority in the conservation and management of water resources in the Edwards Aquifer region. Through collaborative agreements like the one with Microsoft Corporation, the conservancy actively promotes water conservation initiatives in the area. This grassroots effort helps ensure the sustainability of water resources in SAN ANTONIO, TX, ultimately contributing to environmental preservation and community well-being.
This information is meant to be a general summary of Edwards Aquifer Conservancy. 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: $15,501
- Program Service Revenue: $100
- Gross Receipts: $207,501
Assets and Liabilities:
- Total Assets: $7,153,432
- Total Liabilities: $1,480,206
- Net Assets: $5,673,226
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Facility Rent Revenue
Revenue
$100
Organization Details
Founding Year
2014
Phone
(210) 222-2204Principal Officer
Carol Patterson
Main Address
900 E Quincy St, San Antonio, TX, 78215
Website
www.eaconservancy.orgNTEE Category
Code: C11 - Environment
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