Overview
What is The Nantucket Project Academy Inc?
The Nantucket Project Academy Inc, based in Nantucket, Massachusetts, seeks to celebrate and support local talent by telling their stories and fostering human connection. In response to the social isolation crisis in the United States, they focus on everyday Americans who are rebuilding communities from the ground up. They identify inherent values in thriving communities and establish hubs where these values can be practiced, discussed, and amplified. Their programs include The Keepers of the Commons, which invites neighborhoods from across America to attend events as fellows; TNP Islander Pass, providing year-round Nantucket residents with free access to select sessions of the flagship event; TNP Winter, an annual event inviting world-class speakers to discuss local issues affecting the community; TNP Juniors, sponsoring high school students to attend the flagship event and share their experiences; Love Fellows, inviting visionaries from various industries to discuss their work and ideas; and The Roadshows, hosting events across the United States to stimulate a broad conversation on virtue. Additionally, they produce three films each year inspired by their events and participants. Their mission is to accelerate the distribution and impact of ideas addressing challenging problems with a focus on humanity.
Official website here: www.tnp-academy.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 87%, Three-Star out of Four Star rating. The Nantucket Project Academy Inc has achieved a solid score primarily based on its accountability and financial practices, which indicates a strong emphasis on responsible management of funds and transparency.
Strengths of the organization include a high percentage of independent board members and excellent performance in financial audits. The charity has effectively implemented important policies regarding conflicts of interest and whistleblowing, further enhancing its credibility. Additionally, a significant portion of its expenses (84.56%) is directed towards programs, reflecting a commitment to its mission.
Some limitations noted include the absence of documentation for board meeting minutes, which could be seen as a lack of thorough record-keeping. However, the overall financial health appears robust, with a favorable liabilities to assets ratio of 32.35%, ensuring that the organization is operating within its means. Overall, The Nantucket Project Academy Inc demonstrates a strong commitment to accountability while maintaining a focus on its core mission.
This AI summary has been generated from information found on Charity Navigator.
Is The Nantucket Project Academy Inc legitimate?
The Nantucket Project Academy Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Nantucket Project Academy 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: $87,428
Professional Fundraising Fees: $0
Other Salaries and Wages: $112,735
For more financial information, click here
Official website here: www.tnp-academy.org
What is the mission statement of The Nantucket Project Academy Inc?
The Nantucket Project Academy Inc's mission is centered around accelerating the dissemination and influence of innovative ideas that aim to tackle pressing issues of our era, with a strong emphasis on humanity. Their objective is to foster a world where curiosity, novel perspectives, and the richness of human experiences are valued and celebrated. Individuals in this world are encouraged to exhibit empathy and generosity towards themselves and others. Moreover, they strive to motivate communities to collaborate towards promoting health, peace, and prosperity for all, ensuring that everyone benefits. Their mission is to accelerate the distribution and impact of such transformative ideas, always prioritizing humanity.
Official website here: www.tnp-academy.org
Who is the CEO of The Nantucket Project Academy Inc?
Kate Brosnan is the President of The Nantucket Project Academy Inc.
Official website here: www.tnp-academy.org
What is the revenue of The Nantucket Project Academy Inc?
The Nantucket Project Academy Inc's revenue in 2020 was $920,642.
Official website here: www.tnp-academy.org
Who are the executives of The Nantucket Project Academy Inc and what are their salaries?
The average compensation at The Nantucket Project Academy Inc during 2020 was $66,721. There are 3 employees at The Nantucket Project Academy Inc.
Here are 5 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $9,000
- Related: $0
- Other: $0
- Compensation: $78,428
- Related: $0
- Other: $0
- Compensation: $101,564
- Related: $0
- Other: $31,385
Official website here: www.tnp-academy.org
Where can I find the form 990 for The Nantucket Project Academy Inc?
The Nantucket Project Academy Inc's most recent form 990 was submitted in 2020 and can be accessed here.
Official website here: www.tnp-academy.org
Learn more at the official website: www.tnp-academy.org
Mission Statement of The Nantucket Project Academy Inc
The Nantucket Project Academy Inc is dedicated to accelerating the dissemination and impact of ideas that address pressing issues of our time, with a focus on humanity. Their vision is a world where curiosity, innovative thinking, and the diversity of human experiences are celebrated. People live with empathy and generosity towards themselves and others, and communities collaborate to promote health, peace, and prosperity for all. The organization's mission aligns with this vision, aiming to speed up the spread and influence of ideas that tackle challenging problems, always keeping humanity at the forefront.
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Impact
July, 2024
The Nantucket Project Academy Inc accelerates the distribution and impact of ideas that address challenging problems of our time with a focus on humanity. By celebrating neighborhoods everywhere, supporting local talent, and promoting human connection, TNP Academy fosters thriving communities. Through programs like The Keepers of the Commons, TNP Islander Pass, TNP Winter, TNP Juniors, Love Fellows, The Roadshows, and TNP Academy Films, they engage individuals from diverse backgrounds and industries to discuss, share, and amplify innovative solutions. Their ultimate vision is to create a world where curiosity, fresh thinking, and the diversity of human experience are explored and celebrated, leading to communities that work collaboratively towards health, peace, and prosperity for all.
This information is meant to be a general summary of The Nantucket Project Academy 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 2020.
- Program Service Revenue: $25,000
- Gross Receipts: $920,642
Assets and Liabilities:
- Total Assets: $1,713,945
- Total Liabilities: $1,603,442
- Net Assets: $110,503
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
LICENSE FEE REVENUE
Revenue
$25,000
Organization Details
Founding Year
2017
Phone
(312) 989-6096Principal Officer
Kate Brosnan
Main Address
4 NORTH WATER STREET, NANTUCKET, MA, 02554
Website
www.tnp-academy.orgNTEE Category
Code: B99 - Education
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