Overview
What is Forest Trends Association?
Forest Trends Association is a nonprofit organization based in Washington, D.C. Their primary focus is on the value of forests to society, aiming to promote sustainable forest management and conservation. They create and capture market values for ecosystem services, such as clean water, through the use of incentives and market-based instruments. One of their notable initiatives includes establishing the Chesapeake Bay Fund, an innovative partnership aimed at restoring and protecting the water quality of the Chesapeake Bay. They have also launched the first State of Watershed Payments Report, a global survey of incentive and market-based instruments for protecting hydroological services. In 2018, they received a significant $28 million commitment from USAID and the Government of Canada for the Natural Infrastructure for Water Security Project in Peru. Additionally, Forest Trends has developed the first comprehensive online course on natural infrastructure for the water sector, training engineers and water service providers in designing and evaluating nature-based interventions in 13 countries. Overall, their work aims to expand the value of forests to society, support sustainable management, and enhance the livelihoods of local communities.
Official website here: www.forest-trends.org
What are the reviews and ratings of this charity?
Charity Navigator rating: 98%, Four-Star out of Four Star rating.
The Forest Trends Association has received an impressive Four-Star rating, indicating a strong level of accountability and transparency in its operations. With a high score of 98% in Accountability & Finance, the organization demonstrates effective financial management and compliance with necessary guidelines. The independent board composition, with 88% of its members being independent, further supports its commitment to good governance.
Strengths highlighted by the data include exemplary scores in Leadership & Adaptability and Culture & Community, both at 100%. This suggests that the organization is well-led and fosters a positive environment for its stakeholders. The high program expense ratio of 81.25% indicates that a significant portion of its expenditures is directed towards its mission-related programs, showcasing its effectiveness in utilizing funds.
However, while the ratings are overwhelmingly positive, the organization has been noted to have a working capital ratio of 0.63 years, which may raise concerns about its short-term financial stability. Nonetheless, the overall lack of material diversion of assets and established policies, such as conflict of interest and whistleblower protections, reflect a strong commitment to ethical practices and operational integrity.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about Forest Trends Association?
96% of 15 reviewers on Facebook recommend the Forest Trends Association. Here is a summary of their reviews:
The organization is praised for providing high-quality information regarding Payment for Ecosystem Services (PSA) methodologies. Users appreciate the insights and resources offered, which seem to meet their needs effectively.
Overall, the positive sentiment indicates that the Forest Trends Association delivers valuable information and has a strong reputation among those who have engaged with its services.
This AI summary has been generated from reviews found on Facebook.
Is Forest Trends Association legitimate?
Forest Trends Association is a legitimate nonprofit organization registered as a 501(c)(3) entity. Forest Trends Association 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: $1,450,733
Professional Fundraising Fees: $0
Other Salaries and Wages: $2,855,342
For more financial information, click here
Official website here: www.forest-trends.org
What is the mission statement of Forest Trends Association?
The Forest Trends Association aims to increase the societal value of forests by promoting sustainable forest management and conservation. They work towards this goal by creating and capturing market values for ecosystem services, supporting innovative projects and companies in the development of these new markets, and enhancing the livelihoods of local communities living in and around forests.
Official website here: www.forest-trends.org
Who is the CEO of Forest Trends Association?
Michael Jenkins is the Secretary of Forest Trends Association. The CEO's salary of Forest Trends Association is $330,802 and their total compensation is $378,537.
Official website here: www.forest-trends.org
What is the revenue of Forest Trends Association?
Forest Trends Association's revenue in 2022 was $9,892,778.
Official website here: www.forest-trends.org
Who are the executives of Forest Trends Association and what are their salaries?
The average compensation at Forest Trends Association during 2022 was $116,380. There are 37 employees and 17 volunteers at Forest Trends Association.
Here are 28 key members and their salaries (Forest Trends Association's CEO's salary is $330,802 and their total compensation is $378,537):
- Compensation: $33,600
- Related: $0
- Other: $0
- Compensation: $42,750
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- Other: $0
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- Compensation: $330,802
- Related: $0
- Other: $47,735
- Compensation: $229,618
- Related: $0
- Other: $32,970
- Compensation: $209,389
- Related: $0
- Other: $21,717
- Compensation: $185,215
- Related: $0
- Other: $26,587
- Compensation: $165,864
- Related: $0
- Other: $23,807
- Compensation: $162,295
- Related: $0
- Other: $14,735
- Compensation: $140,937
- Related: $0
- Other: $20,338
- Compensation: $136,508
- Related: $0
- Other: $19,485
- Compensation: $124,267
- Related: $0
- Other: $17,747
- Compensation: $124,267
- Related: $0
- Other: $17,747
- Compensation: $123,903
- Related: $0
- Other: $17,783
Official website here: www.forest-trends.org
Where can I find the form 990 for Forest Trends Association?
Forest Trends Association's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.forest-trends.org
Learn more at the official website: www.forest-trends.org
Mission Statement of Forest Trends Association
Forest Trends Association works tirelessly to enhance the value of forests for society. Their mission revolves around promoting sustainable forest management and conservation by creating and capturing market values for ecosystem services. This nonprofit organization supports innovative projects and companies that are developing new markets for these services. By doing so, they aim to improve the livelihoods of local communities living in and around these forests. In essence, Forest Trends Association is dedicated to creating a world where forests are valued and protected, benefiting both the environment and the people who depend on them.
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Impact
June, 2024
Forest Trends Association has made a significant impact in promoting the use of incentives and market-based instruments to protect and sustainably manage watershed services. One notable achievement is the establishment of the Chesapeake Bay Fund, a partnership aimed at restoring and protecting the water quality of the bay. Additionally, Forest Trends played a key role in securing a major commitment of $28 million for the Natural Infrastructure for Water Security Project in Peru. This organization has also developed the first comprehensive online course on natural infrastructure for the water sector, training numerous engineers and water service providers in designing and evaluating nature-based interventions. Through these efforts, Forest Trends has been instrumental in advancing the understanding and implementation of sustainable water resource management practices globally.
This information is meant to be a general summary of Forest Trends Association. 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: -$98
- Gross Receipts: $9,907,494
Assets and Liabilities:
- Total Assets: $10,282,490
- Total Liabilities: $4,129,716
- Net Assets: $6,152,774
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Organization Details
Founding Year
1998
Phone
(202) 298-3000Principal Officer
Michael Jenkins
Main Address
1203 19TH STREET NW 4TH FL, WASHINGTON, DC, 20036
Website
www.forest-trends.orgNTEE Category
Code: C36 - Environment
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