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Ostara Initiative

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 824855661 ✦ Minneapolis, MN ✦ Designated as a 501(c)(3)

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Overview

What is Ostara Initiative?

The Ostara Initiative is a nonprofit organization based in Minneapolis, Minnesota, with a mission to support and empower justice-involved women and their children. They offer parenting education and pregnancy support classes, lactation assistance, and breast milk storage and shipping services. In 2022, they served 215 parents across multiple sites, held 133 in-person classes, and assisted 5 mother-baby pairs with lactation support. The initiative also returned to prisons and jails after a COVID-19 hiatus, providing essential services and training for staff. Moreover, Ostara worked towards passing a law limiting restraint and search of pregnant individuals in custody. In addition, they developed a vision class and a prison doula certification training. Ostara's vision is to champion sustainable and innovative initiatives, connect people interested in rural development, and foster connections between urban and rural communities.


Official website here: www.ostarainitiative.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 96%, Four-Star out of Four Star rating.

Ostara Initiative has achieved a strong performance on Charity Navigator, earning a 96% rating that reflects its commitment to accountability and financial transparency. The organization scored exceptionally well in areas such as board independence and financial oversight, with 100% of its board members being independent and maintaining a robust audit and oversight committee.

The nonprofit demonstrates a healthy financial structure, with a low liabilities-to-assets ratio of 19.98% and a high program expense ratio of 81.41%. This indicates that a significant portion of its resources is directed towards its programs rather than administrative costs. The presence of formal policies, including those related to conflict of interest and whistleblowing, further enhances its credibility and operational integrity.

While the data showcases Ostara Initiative's strengths in governance and financial management, there are no noted limitations in the available information. Overall, the organization appears to be effectively utilizing its resources to fulfill its mission while maintaining a high standard of accountability.


This AI summary has been generated from information found on Charity Navigator.

Is Ostara Initiative legitimate?

Ostara Initiative is a legitimate nonprofit organization registered as a 501(c)(3) entity. Ostara Initiative 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: $63,300
Professional Fundraising Fees: $0
Other Salaries and Wages: $373,703

For more financial information, click here


Official website here: www.ostarainitiative.org

What is the mission statement of Ostara Initiative?

The Ostara Initiative aims to revitalize rural areas by advocating for and supporting individuals, such as farmers, artists, entrepreneurs, educators, and activists, who are driving sustainable and innovative initiatives, businesses, and projects in rural communities. They achieve this by sharing stories of rural renewal, raising awareness and garnering support for sustainable endeavors, connecting individuals interested in sustainable rural development, offering practical assistance and networking opportunities for those working to improve rural America, and fostering connections between urban and rural populations.


Official website here: www.ostarainitiative.org

Who is the CEO of Ostara Initiative?

Colleen Bell is the Director of Ostara Initiative.


Official website here: www.ostarainitiative.org

What is the revenue of Ostara Initiative?

Ostara Initiative's revenue in 2022 was $679,587.


Official website here: www.ostarainitiative.org

Who are the executives of Ostara Initiative and what are their salaries?

The average compensation at Ostara Initiative during 2022 was $43,700. There are 10 employees and 4 volunteers at Ostara Initiative.


Here are 7 key members and their salaries:


Erica Gerrity (Director)
  • Compensation: $63,300
  • Related: $0
  • Other: $0
Colin Bell (Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Florence Holland (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Thomas Franklin (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joshua Christofferson (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Richard Rice (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Genevieve Bojado (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.ostarainitiative.org

Where can I find the form 990 for Ostara Initiative?

Ostara Initiative's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.ostarainitiative.org

Learn more at the official website: www.ostarainitiative.org

Mission Statement of Ostara Initiative

The Ostara Initiative strives to revitalize rural areas by advocating and aiding rural communities, farmers, artists, entrepreneurs, educators, activists, and other individuals who are revitalizing the countryside through sustainable and innovative initiatives, businesses, and projects. They accomplish this by disseminating narratives of rural renewal, fostering awareness and support for sustainable endeavors, linking individuals interested in sustainable rural development, providing practical assistance and networking opportunities for those working to enhance rural America, and promoting connections between urban and rural people.

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Impact




July, 2024

Ostara Initiative's impact can be seen in the positive changes it brings to rural areas by championing and supporting rural communities, farmers, artists, entrepreneurs, educators, activists, and other individuals who are working on renewing the countryside through sustainable and innovative initiatives. By sharing stories of rural renewal, building awareness and support for sustainable endeavors, connecting people interested in sustainable rural development, providing practical assistance, and fostering connections between urban and rural populations, Ostara Initiative plays a significant role in strengthening rural America. Through its activities and projects, Ostara Initiative contributes to the overall well-being and sustainability of rural communities, promoting positive change and a more vibrant rural landscape.




This information is meant to be a general summary of Ostara Initiative. 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.

Revenue
$679,587 (2022)
Expenses
$827,807 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $369
  • Program Service Revenue: $7,925
  • Gross Receipts: $679,587

Assets and Liabilities:

  • Total Assets: $517,221
  • Total Liabilities: $103,379
  • Net Assets: $413,842

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

PROGRAM SERVICE FEES

Revenue

$7,925

Organization Details

Founding Year

2016

Principal Officer

Colleen Bell

Main Address

PO BOX 18603, MINNEAPOLIS, MN, 554185541

NTEE Category

Code: I43 - Crime

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