Overview
What is Tioga River Trust Fund?
The Tioga River Trust Fund is a nonprofit organization based in Williamsport, Pennsylvania, specifically at 2450 E Third Street, ZIP code 17701. Its primary mission is to safeguard the environment by providing funding for acidic mine drainage treatment systems. This funding is intended for the maintenance and operation of existing facilities, such as the Fallback Treatment Facility, and for future design, construction, and operation of other tributaries that flow into the Tioga River. The ultimate goal of the Trust Fund is to protect the river and its ecosystem from pollution caused by acidic mine drainage.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 53% (One-Star out of Four Stars)
The Tioga River Trust Fund has received a low rating of 53% from Charity Navigator, which translates to a One-Star rating. This score indicates significant concerns with the organization's accountability and financial practices. Key issues include the complete absence of independent board members, missing crucial policies such as conflict of interest and whistleblower policies, and a failure to list their website on their tax form.
Despite these weaknesses, the organization does show a strong commitment to its programs, as evidenced by a program expense ratio of 83.03%. This suggests that most of their expenditures are directed towards their mission-related activities. Additionally, they have not reported any material diversion of assets, which is a positive indicator of their financial integrity.
However, the lack of transparency and governance structures raises red flags for potential donors. The missing documentation and policies might hinder trust and accountability, which are vital for a nonprofit's credibility. Overall, while the Tioga River Trust Fund demonstrates dedication to its mission, significant improvements in governance and transparency are necessary for a better evaluation.
This AI summary has been generated from information found on Charity Navigator.
Is Tioga River Trust Fund legitimate?
Tioga River Trust Fund is a legitimate nonprofit organization registered as a 501(c)(3) entity. Tioga River Trust Fund 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: $5,719
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
What is the mission statement of Tioga River Trust Fund?
The Tioga River Trust Fund is dedicated to the public purpose of environmental protection. Its mission involves providing funding for the treatment systems of acidic mine drainage, a common environmental concern. This funding is aimed at mitigating the harmful effects of these drainages on the environment. The Trust Fund oversees the operation and maintenance of the Fallback Treatment and Facility, and plans for the future design, construction, and operation and maintenance of other tributaries that flow into the Tioga River. In essence, the Trust Fund's goal is to ensure the sustainable health of the Tioga River ecosystem by addressing the issue of acidic mine drainage.
Who is the CEO of Tioga River Trust Fund?
Unavailable
What is the revenue of Tioga River Trust Fund?
Tioga River Trust Fund's revenue in 2022 was $41,170.
Who are the executives of Tioga River Trust Fund and what are their salaries?
There is 1 key member and their salary:
- Compensation: $5,719
- Related: $0
- Other: $0
Where can I find the form 990 for Tioga River Trust Fund?
Tioga River Trust Fund's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Tioga River Trust Fund
The Tioga River Trust Fund, a dedicated environmental nonprofit, is committed to safeguarding the environment by providing funding for the treatment of acidic mine drainage. Its mission is to establish and maintain treatment systems that protect the public from the harmful effects of this contamination. The Trust Fund not only operates and maintains the Fallback Treatment and Facility but also plans for the future, designing, constructing, and maintaining additional treatment facilities at tributaries that flow into the Tioga River. By taking these proactive measures, the Tioga River Trust Fund ensures the health and wellbeing of the environment, making a significant contribution to its preservation.
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Impact
June, 2024
The Tioga River Trust Fund's impact lies in its crucial role in providing funding for acidic mine drainage treatment systems. By supporting the operation and maintenance of these systems, the organization plays a significant part in protecting the environment, specifically the Tioga River and its tributaries. Through its mission of safeguarding the ecosystem from the harmful effects of acidic mine drainage, the Tioga River Trust Fund contributes to ensuring a cleaner and healthier environment for both current and future generations.
This information is meant to be a general summary of Tioga River Trust Fund. 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: $38,670
- Program Service Revenue: $2,500
- Gross Receipts: $167,983
Assets and Liabilities:
- Total Assets: $809,262
- Total Liabilities: $0
- Net Assets: $809,262
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Other Revenue
Revenue
$2,500
Organization Details
Founding Year
2015
Phone
(570) 320-2467Main Address
2450 E THIRD STREET, WILLIAMSPORT, PA, 17701
NTEE Category
Code: C32 - Environment
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