Overview
What is The Mayfly Project?
The Mayfly Project is a nonprofit organization dedicated to mentoring foster children through the activity of fly fishing. This organization aims to provide these children with a unique and beneficial experience, fostering personal growth, confidence, and emotional resilience. By engaging in fly fishing, foster children have the opportunity to connect with nature, develop essential life skills, and form meaningful relationships with their mentors. The Mayfly Project's mission is to enrich the lives of these children, offering them a sense of belonging and hope for a brighter future.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 70% (Two-Star out of Four Star rating)
The Mayfly Project has received a 70% rating from Charity Navigator, which designates it as a Two-Star organization. This rating is derived solely from its Accountability & Finance score, reflecting the nonprofit's commitment to financial transparency and responsible fiscal management. The organization demonstrated strengths in areas such as having a fully independent board and no material diversion of assets, both of which score top marks.
However, the evaluation identifies several notable limitations. The Mayfly Project lacks essential policies and disclosures, including a conflict of interest policy, whistleblower policy, and tax form disclosures on its website. These shortcomings have contributed to a lower overall score despite strong performance in program expense ratio, which stands at an impressive 87.76%, indicating a significant focus on its mission-driven activities.
In summary, while The Mayfly Project shows promise with good financial ratios and a strong governance structure, it must address the gaps in its transparency and policy documentation to enhance its accountability score and overall rating in the nonprofit sector.
This AI summary has been generated from information found on Charity Navigator.
Is The Mayfly Project legitimate?
The Mayfly Project is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Mayfly Project 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: $66,244
For more financial information, click here
What is the mission statement of The Mayfly Project?
The Mayfly Project's mission is centered around mentoring foster children through the activity of fly fishing. Their objective is to provide these children with a supportive environment, fostering personal growth and development. The project aims to equip these children with valuable life skills, promoting self-confidence and resilience. Additionally, The Mayfly Project seeks to create strong bonds between the foster children and their mentors, offering them a sense of belonging and stability. The program also incorporates educational components, aiming to broaden the children's horizons and expose them to various opportunities.
Who is the CEO of The Mayfly Project?
Jess Westbrook is the President of The Mayfly Project.
What is the revenue of The Mayfly Project?
The Mayfly Project's revenue in 2022 was $495,731.
Who are the executives of The Mayfly Project and what are their salaries?
There 25 volunteers at The Mayfly Project.
Here are 5 key members and their salaries:
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Where can I find the form 990 for The Mayfly Project?
The Mayfly Project's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of The Mayfly Project
The Mayfly Project, as a nonprofit organization, is committed to mentoring foster children through the activity of fly fishing. Their mission is to provide these children with a unique and therapeutic experience, aiming to foster self-confidence, resilience, and a sense of achievement. By engaging in this outdoor activity, foster children are offered an opportunity to build meaningful relationships with mentors, learn valuable life skills, and connect with nature. The Mayfly Project's mission is to offer these children a positive and uplifting experience, thereby contributing to their overall well-being and personal growth.
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Impact
July, 2024
The Mayfly Project's impact includes providing foster children with mentoring and guidance through the unique activity of fly fishing. Through this program, children are given the opportunity to learn new skills, build confidence, and develop meaningful relationships with their mentors. This experience can have a powerful and positive impact on the lives of these children, helping them to overcome challenges and build a brighter future. By combining the therapeutic benefits of nature with the support of caring mentors, The Mayfly Project is making a difference in the lives of foster children and empowering them to reach their full potential.
This information is meant to be a general summary of The Mayfly Project. 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: $6
- Gross Receipts: $507,466
Assets and Liabilities:
- Total Assets: $373,923
- Total Liabilities: $33,185
- Net Assets: $340,738
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Organization Details
Founding Year
2015
Phone
(501) 317-5864Principal Officer
Jess Westbrook
Main Address
3541 HARRISON, BENTON, AR, 72019
NTEE Category
Code: O50 - Youth development
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