Overview
What is Composting Council Research & Education Foundation?
The Composting Council Research & Education Foundation (CCREF) is a nonprofit organization based in Raleigh, North Carolina. Its primary mission is to elevate the composting industry by funding scientific research, raising awareness, and educating the public to promote environmentally and economically sustainable organic recycling. The CCREF manages a voluntary donation program, named the "Two Cents for Compost Program," where compost producers contribute a small amount per ton of compost sold. The funds raised from this program are used to support research and education projects, with a focus on young professionals and the soil-water connection. The CCREF aims to identify emerging talent in the field of compost and provide them with opportunities to further their research.
Official website here: www.compostingcouncil.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 78% (Three-Star out of Four Stars)
The Composting Council Research & Education Foundation has earned a Three-Star rating from Charity Navigator, indicating a solid level of accountability and financial health. The rating is derived solely from factors related to its financial practices, reflecting a strong commitment to governance, as evidenced by the presence of a fully independent board and effective policies in place for conflict of interest and board meeting documentation.
Strengths of the organization include a perfect score for its independent board structure and financial management, with no liabilities to assets. However, key areas for improvement are noted, such as the absence of a whistleblower policy and a document retention and destruction policy, which are essential for ensuring transparency and accountability in nonprofit operations.
While the foundation demonstrates a commendable program expense ratio, indicating that a significant portion of its funds go directly to its mission-related activities, there are still areas that could enhance its overall effectiveness and trustworthiness. Addressing these limitations could help the organization achieve a higher rating and further bolster its reputation in the nonprofit sector.
This AI summary has been generated from information found on Charity Navigator.
Is Composting Council Research & Education Foundation legitimate?
Composting Council Research & Education Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Composting Council Research & Education Foundation 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: $39,570
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.compostingcouncil.org
What is the mission statement of Composting Council Research & Education Foundation?
The Composting Council Research & Education Foundation supports initiatives that bolster the composting industry by funding scientific research, raising awareness, and educating the public to promote environmentally and economically sustainable organic recycling. Their mission is to elevate the status and practices of the composting industry, ultimately leading to a more sustainable future. They carry out this mission by managing a voluntary donation program called Two Cents for Compost, where compost producers contribute a small fee per ton or cubic yard of compost sold. These funds are then distributed to support research and education projects, as determined by the Foundation's grant-making criteria. Furthermore, the Foundation offers the Young Investigator Scholarship program, aimed at supporting young professionals' research in the fields of compost use and application, with a focus on the soil-water connection, and showcasing emerging talent in the composting sector.
Official website here: www.compostingcouncil.org
Who is the CEO of Composting Council Research & Education Foundation?
Frank Franciosi is the Chair of Composting Council Research & Education Foundation.
Official website here: www.compostingcouncil.org
What is the revenue of Composting Council Research & Education Foundation?
Composting Council Research & Education Foundation's revenue in 2022 was $432,709.
Official website here: www.compostingcouncil.org
Who are the executives of Composting Council Research & Education Foundation and what are their salaries?
Here are 10 key members and their salaries:
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Official website here: www.compostingcouncil.org
Where can I find the form 990 for Composting Council Research & Education Foundation?
Composting Council Research & Education Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.compostingcouncil.org
Learn more at the official website: www.compostingcouncil.org
Mission Statement of Composting Council Research & Education Foundation
The Composting Council Research & Education Foundation (CCREF) is dedicated to elevating the composting industry by supporting research, increasing awareness, and educating the public to promote environmentally and economically sustainable organic recycling. The organization's mission is to enhance the status and practices of the composting industry, thereby contributing to a more eco-friendly world.
One of the key initiatives undertaken by the CCREF is the Two Cents for Compost program. This is a voluntary donation program where compost producers agree to contribute a small portion of their sales revenue towards a dedicated fund managed by the CCREF. This fund is then distributed to support research and education projects that align with the CCREF's mission.
In addition to the Two Cents for Compost program, the CCREF also focuses on supporting young professionals in the field of compost through the Young Investigator Scholarship program. This program aims to bring attention to emerging professionals in the field of compost, particularly those focusing on the soil-water connection. By supporting these young researchers, the CCREF is helping to ensure a bright future for the composting industry.
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Impact
June, 2024
The Composting Council Research & Education Foundation's impact lies in advancing the stature and practices of the composting industry through supporting scientific research, increasing awareness, and educating the public to promote environmentally and economically sustainable organic recycling. They achieve this through initiatives like the Two Cents for Compost Program, which involves compost producers voluntarily contributing to a fund managed by CCREF. This fund is then distributed to support research and education projects in the field. Additionally, CCREF runs the Young Investigator Scholarship program, aimed at supporting young professionals conducting research in compost use and application, as well as the soil-water connection. Overall, CCREF plays a crucial role in fostering innovation and knowledge in the composting industry while promoting sustainable practices.
This information is meant to be a general summary of Composting Council Research & Education Foundation. 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: $122
- Program Service Revenue: $318,122
- Gross Receipts: $432,709
Assets and Liabilities:
- Total Assets: $178,713
- Total Liabilities: $0
- Net Assets: $178,713
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
MEETINGS
Revenue
$253,893
SPONSORSHIPS
Revenue
$64,229
Organization Details
Founding Year
1992
Principal Officer
Frank Franciosi
Main Address
1053 EAST WHITAKER MILL RD STE 115, RALEIGH, NC, 27604
Website
www.compostingcouncil.orgNTEE Category
Code: C27 - Environment
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