Overview
What is Phase 2 Expanded Trust?
Phase 2 Expanded Trust is a non-profit organization, based in Navajo, New Mexico, operating for six years. Its primary mission involves conducting investigations at the remaining 17 mines identified and located in central and northern Arizona on Navajo lands. The trust also initiated a water study in Sweetwater, AZ. Following a two-year shutdown due to the pandemic, fieldwork resumed on 14 of the locations. The trust has established offices and personnel, and its activities encompass assessment and analysis of removal sites. Despite the specifics not being elaborated, it appears that the trust aims to contribute positively to the environment and communities in the regions where it operates.
Official website here: www.navajoaumtrust2.org
What are the reviews and ratings of this charity?
Rating from Charity Navigator: 56% (One-Star out of Four Stars)
Phase 2 Expanded Trust has received a low rating of 56% from Charity Navigator, indicating significant concerns regarding its accountability and financial practices. The charity's lack of independent board members and absence of financial statements raises questions about governance and transparency. Additionally, the organization has not provided essential documents like board meeting minutes and tax forms on its website.
Despite these weaknesses, the charity does achieve a perfect program expense ratio, suggesting that all of its expenses are directed toward its programs. However, the absence of a whistleblower policy and inadequate documentation related to governance practices highlight critical areas needing improvement. The high material diversion of assets score implies potential risks in asset management.
Overall, while the charity appears to be dedicated to its mission through program spending, the lack of shared financial information and governance protocols could pose significant risks to its credibility and operational effectiveness. Potential donors and stakeholders may want to proceed cautiously and seek further clarification from the organization regarding its governance practices.
This AI summary has been generated from information found on Charity Navigator.
Is Phase 2 Expanded Trust legitimate?
Phase 2 Expanded Trust is a legitimate nonprofit organization registered as a 501(c)(3) entity. Phase 2 Expanded Trust 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: $321,149
Professional Fundraising Fees: $0
Other Salaries and Wages: $56,918
For more financial information, click here
Official website here: www.navajoaumtrust2.org
What is the mission statement of Phase 2 Expanded Trust?
The Phase 2 Expanded Trust's mission is to conduct investigations at the remaining 17 mines identified and located in central and northern Arizona, specifically on Navajo lands, and to initiate a water study in Sweetwater, Arizona. The trust resumed fieldwork on 14 locations after a two-year shutdown due to the pandemic. In addition, the trust began removal site assessments and analysis in its sixth year of operation, which also involved establishing offices and personnel.
Official website here: www.navajoaumtrust2.org
Who is the CEO of Phase 2 Expanded Trust?
Derrith Watchman-Moore is the Trustee of Phase 2 Expanded Trust.
Official website here: www.navajoaumtrust2.org
What is the revenue of Phase 2 Expanded Trust?
Phase 2 Expanded Trust's revenue in 2022 was $4,397,542.
Official website here: www.navajoaumtrust2.org
Who are the executives of Phase 2 Expanded Trust and what are their salaries?
The average compensation at Phase 2 Expanded Trust during 2022 was $94,517. There are 4 employees at Phase 2 Expanded Trust.
There is 1 key member and their salary:
- Compensation: $321,149
- Related: $0
- Other: $0
Official website here: www.navajoaumtrust2.org
Where can I find the form 990 for Phase 2 Expanded Trust?
Phase 2 Expanded Trust's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.navajoaumtrust2.org
Learn more at the official website: www.navajoaumtrust2.org
Mission Statement of Phase 2 Expanded Trust
Phase 2 Expanded Trust, a notable organization, embarks on a mission to conduct investigations at the remaining 17 mines identified and located in central and northern Arizona, specifically on Navajo lands, and an additional water study in Sweetwater, Arizona. The primary objective is to scrutinize these sites, following a two-year suspension due to the pandemic. The organization's activities resumed on the 14 AUM locations, marking a resumption of their operations. Moreover, in the sixth year of its operation, Phase 2 Expanded Trust started establishing offices, hiring personnel, and initiating removal site assessments and analyses, signifying a significant expansion of its efforts.
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Impact
June, 2024
Phase 2 Expanded Trust's impact includes conducting investigations at the remaining 17 mines identified and located in central and northern Arizona on Navajo lands. Additionally, a second water study was identified in Sweetwater, AZ. Fieldwork resumed on the 14 AUM locations after a 2-year shutdown due to the pandemic. 2022 marked the sixth year of operation for the trust, during which operations included establishing offices and personnel. The trust also began removal site assessments and analysis.
This information is meant to be a general summary of Phase 2 Expanded Trust. 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: $51,303
- Gross Receipts: $4,397,542
Assets and Liabilities:
- Total Assets: $14,176,263
- Total Liabilities: $291,224
- Net Assets: $13,885,039
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Organization Details
Founding Year
2017
Principal Officer
Derrith Watchman-Moore
Main Address
PO BOX 848, NAVAJO, NM, 87328
Website
www.navajoaumtrust2.orgNTEE Category
Code: C19 - Environment
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