Overview
What is Newport News Green Foundation Inc?
Newport News Green Foundation Inc is a nonprofit organization situated in Newport News, Virginia. Committed to promoting green space preservation and creation within the city, they have successfully acquired approximately 33 acres of land, distributed across various locations along major commercial corridors. Their mission is twofold: acquisition of green areas and advocacy for others to follow suit. Additionally, they offer assistance to further the cause, thereby enhancing the city's overall open space and stewardship. With a small team of dedicated individuals, Newport News Green Foundation Inc continues to make strides in their efforts to improve the city's environment.
Official website here: www.nngreen.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 97%, Four-Star out of Four Star Rating
The Newport News Green Foundation Inc has achieved an impressive 97% score, reflecting a high level of accountability and financial health. With a Four-Star rating, the organization demonstrates strong governance practices, including a fully independent board of 16 members and no material diversion of assets. Their financial metrics indicate a solid program expense ratio of 72.58%, suggesting that a substantial portion of their funds directly supports their initiatives.
Strengths highlighted in the evaluation include comprehensive policies for conflict of interest and whistleblower protections, which are essential for maintaining transparency and trust. Their financial management is further evidenced by a low liabilities to assets ratio of just 0.08%, indicating a strong fiscal position. The organization’s commitment to documenting board meetings and retaining necessary records also contributes to its high accountability score.
While the foundation shows strong performance across multiple areas, potential donors and stakeholders may want to stay informed about ongoing program outcomes and community impact to ensure that the organization continues to meet its mission effectively. Overall, the Newport News Green Foundation Inc stands out as a well-managed nonprofit with a commitment to transparency and responsible financial practices.
This AI summary has been generated from information found on Charity Navigator.
Is Newport News Green Foundation Inc legitimate?
Newport News Green Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Newport News Green Foundation Inc 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: $66,500
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.nngreen.com
What is the mission statement of Newport News Green Foundation Inc?
The Newport News Green Foundation's mission is centered around promoting the creation and preservation of green spaces. They achieve this through various means, including acquisition, advocacy, and offering assistance to other entities. The primary objective is to establish new green areas, maintain them, and raise community awareness about the importance of open spaces and responsible stewardship. To date, the Foundation has successfully secured approximately 33 acres of land, spread across various locations in the city.
Official website here: www.nngreen.com
Who is the CEO of Newport News Green Foundation Inc?
Ruth Deibler is the President of Newport News Green Foundation Inc.
Official website here: www.nngreen.com
What is the revenue of Newport News Green Foundation Inc?
Newport News Green Foundation Inc's revenue in 2022 was $148,324.
Official website here: www.nngreen.com
Who are the executives of Newport News Green Foundation Inc and what are their salaries?
The average compensation at Newport News Green Foundation Inc during 2022 was $66,500. There is 1 employee and 22 volunteers at Newport News Green Foundation Inc.
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Official website here: www.nngreen.com
Where can I find the form 990 for Newport News Green Foundation Inc?
Newport News Green Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.nngreen.com
Learn more at the official website: www.nngreen.com
Mission Statement of Newport News Green Foundation Inc
The Newport News Green Foundation Inc is committed to promoting the creation and preservation of green spaces within its city. To achieve this mission, the organization employs a three-pronged strategy: acquisition, advocacy, and assistance to others. Through this approach, the foundation seeks to establish new green areas, maintain them, and raise community awareness about the importance of open spaces and stewardship.
The Newport News Green Foundation Inc has already demonstrated its commitment to this mission by acquiring approximately 33 acres of land, distributed across 23 parcels. These parcels are strategically located along major commercial corridors within the city. By acquiring and preserving these green spaces, the foundation is not only enhancing the city's aesthetic appeal but also contributing to environmental sustainability and promoting community well-being.
In addition to its direct actions, the Newport News Green Foundation Inc also advocates for the preservation of green spaces and provides assistance to other organizations with similar goals. By promoting the value of green spaces and collaborating with other organizations, the foundation is working towards a future where the city of Newport News is richly endowed with lush, well-maintained, and communally valued green spaces.
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Impact
October, 2024
The Newport News Green Foundation Inc significantly enhances the quality of life in Newport News by promoting the creation and preservation of green spaces throughout the city. By acquiring approximately 33 acres of land, consisting of 23 parcels strategically located along major commercial corridors, the Foundation increases access to public green areas for residents and visitors alike.
Through its initiatives, the Foundation not only establishes new green areas but also takes an active role in maintaining these spaces and cultivating a sense of community stewardship. This enhances environmental awareness and encourages local citizens to engage with and care for their natural surroundings. The Foundation’s advocacy and assistance promote a broader understanding of the importance of open spaces, ultimately fostering a healthier, more vibrant community. The impact is felt in improved aesthetics, increased recreational opportunities, and a stronger community connection to nature in Newport News.
This information is meant to be a general summary of Newport News Green Foundation Inc. 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: $2,384
- Gross Receipts: $179,452
Assets and Liabilities:
- Total Assets: $5,897,307
- Total Liabilities: $5,000
- Net Assets: $5,892,307
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Organization Details
Founding Year
1998
Phone
(757) 825-7125Principal Officer
Ruth Deibler
Main Address
PO Box 120475, Newport News, VA, 23606
Website
www.nngreen.comNTEE Category
Code: S20 - Community improvement
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