Overview
What is The Mono Lake Foundation?
The Mono Lake Foundation is a dedicated nonprofit organization based in Lee Vining, California. Their primary mission is to safeguard the ecological balance and scenic beauty of Mono Lake, its tributary streams, and surrounding lands. The foundation advocates and implements restoration programs to rectify the environmental damage caused by excessive water diversions in the past, such as raising Mono Lake to its ecologically sustainable level and restoring the health of its tributary streams and waterfowl habitats. Collaborating closely with the community and various state, federal, and regional groups, the Mono Lake Foundation aims to demonstrate the interconnectedness between a healthy ecosystem and a sustainable economy. The organization's statewide water policy work leverages lessons learned at Mono Lake to advocate for conservation, reclamation, and wise water use. The Mono Lake Foundation maintains an active presence in Los Angeles, reflecting the long-term intertwined relationship between the city and Mono Lake, and employs a team of 33 individuals committed to their cause.
Official website here: www.monolake.org
What are the reviews and ratings of this charity?
Charity Navigator rating: 100% (Four-Star out of Four Star rating)
The Mono Lake Foundation has achieved a perfect score of 100%, reflecting its exemplary accountability and financial health. This rating indicates that the organization meets the highest standards in transparency and governance, showcasing a fully independent board and comprehensive oversight measures. With an impressive program expense ratio of 85.74%, the foundation demonstrates a strong commitment to its mission, directing the majority of its resources towards programmatic activities.
Strengths of the foundation include its robust financial management practices, as evidenced by a low liabilities-to-assets ratio and efficient fundraising costs. The organization has established multiple policies to ensure ethical governance, including conflict of interest and whistleblower policies, contributing to a trustworthy operational environment. Furthermore, the foundation maintains transparency by posting its tax forms and financial statements on its website.
Despite its strong performance, the data does not highlight any significant limitations or areas for improvement, suggesting that The Mono Lake Foundation is effectively fulfilling its mission and managing its resources responsibly. Overall, the organization stands out as a reliable choice for donors looking to support environmental conservation efforts in the Mono Lake region.
This AI summary has been generated from information found on Charity Navigator.
Is The Mono Lake Foundation legitimate?
The Mono Lake Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Mono Lake 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: $115,704
Professional Fundraising Fees: $141,964
Other Salaries and Wages: $1,227,280
For more financial information, click here
Official website here: www.monolake.org
What is the mission statement of The Mono Lake Foundation?
The Mono Lake Foundation is a non-profit organization committed to safeguarding and restoring the Mono Basin ecosystem. Their mission extends beyond just preserving Mono Lake; they also aim to educate the public about the environmental consequences of excessive water usage. Furthermore, they advocate for cooperative solutions that address real water needs without shifting environmental issues to other regions. The foundation's activities often involve promoting understanding and fostering collaborative efforts to protect Mono Lake while ensuring water requirements are met sustainably.
Official website here: www.monolake.org
Who is the CEO of The Mono Lake Foundation?
Geoffrey Mcquilkin is the Chairperson of The Mono Lake Foundation.
Official website here: www.monolake.org
What is the revenue of The Mono Lake Foundation?
The Mono Lake Foundation's revenue in 2022 was $3,794,468.
Official website here: www.monolake.org
Who are the executives of The Mono Lake Foundation and what are their salaries?
The average compensation at The Mono Lake Foundation during 2022 was $40,696. There are 33 employees and 80 volunteers at The Mono Lake Foundation.
Here are 10 key members and their salaries:
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- Compensation: $112,334
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- Other: $3,370
Official website here: www.monolake.org
Where can I find the form 990 for The Mono Lake Foundation?
The Mono Lake Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.monolake.org
Learn more at the official website: www.monolake.org
Mission Statement of The Mono Lake Foundation
The Mono Lake Foundation, a dedicated not-for-profit citizens' group, is committed to preserving and protecting Mono Lake. Their primary mission is to safeguard and restore the Mono Basin ecosystem. This organization recognizes the importance of Mono Lake and understands the environmental impacts of excessive water use. To address this issue, The Mono Lake Foundation advocates for cooperative solutions that satisfy real water needs without transferring environmental problems to other regions. Additionally, they strive to educate the public about Mono Lake and its surroundings, fostering awareness and understanding of the environment. The Foundation's efforts are geared towards promoting sustainable solutions that protect Mono Lake and its ecosystem, ensuring its longevity for future generations.
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Impact
July, 2024
The Mono Lake Foundation's impact is centered around the preservation and protection of Mono Lake. Through their proactive efforts, they work to safeguard the ecological health and scenic beauty of Mono Lake, its tributary streams, and the surrounding lands. By advocating for and implementing restoration programs, they seek to rectify the damage caused by excessive water diversions to Los Angeles in past decades. Additionally, their work focuses on raising Mono Lake to an ecologically sustainable level, restoring the health of its tributary streams, and enhancing waterfowl habitat. Collaborating closely with local communities and various governmental and regional organizations, the Mono Lake Foundation demonstrates the crucial link between a thriving ecosystem and a sustainable economy. Their statewide water policy advocacy underscores the importance of conservation, reclamation, and responsible water usage, using Mono Lake as a case study. Moreover, their active engagement in Los Angeles highlights the enduring relationship between the city and Mono Lake, emphasizing the need for balanced environmental stewardship.
This information is meant to be a general summary of The Mono Lake 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: $332,932
- Program Service Revenue: $76,131
- Gross Receipts: $16,654,406
Assets and Liabilities:
- Total Assets: $14,233,787
- Total Liabilities: $203,675
- Net Assets: $14,030,112
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
MISC PROGRAMS/EVENTS
Revenue
$76,131
Organization Details
Founding Year
1985
Phone
(760) 647-6595Principal Officer
Geoffrey Mcquilkin
Main Address
PO BOX 29, LEE VINING, CA, 93541
Website
www.monolake.orgNTEE Category
Code: T30 - Philanthropy
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