Overview
What is Monarch Joint Venture?
Monarch Joint Venture is a cooperative nonprofit organization, headquartered in Saint Paul, Minnesota, dedicated to safeguarding monarch butterflies and other pollinators. Since its inception in 2008, it has fostered a nationwide alliance of federal and state agencies, nonprofits, community groups, businesses, and academic institutions. This diverse partnership collaborates to preserve the monarch migration through initiatives such as education, habitat conservation, and scientific research. Guided by a regularly updated Monarch Conservation Implementation Plan, this collaborative effort aims to protect and nurture these vital pollinators across the United States. As of the provided information, the Monarch Joint Venture employs approximately 21 individuals.
Official website here: www.monarchjointventure.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 88%, Three-Star out of Four Star rating
Monarch Joint Venture has earned an overall score of 88%, reflecting a strong emphasis on accountability and finance, which constitutes the entirety of its rating. The organization boasts a fully independent board, with all 12 members meeting this criterion, and has a robust financial oversight system in place, indicated by its high scores in audit and oversight. Additionally, it maintains a favorable program expense ratio of 83.31%, suggesting a significant portion of its funding is directed toward its mission-related activities.
Despite its strengths, there are areas where Monarch Joint Venture could improve. The organization is missing important policies such as a whistleblower policy and a document retention policy, which are essential for ensuring transparency and maintaining ethical standards. Furthermore, the absence of its tax forms on the nonprofit's website limits public access to important financial information, which is crucial for donor trust and accountability.
Overall, while Monarch Joint Venture demonstrates strong accountability and financial health, addressing the missing policies and enhancing transparency could further strengthen its operational integrity and public confidence.
This AI summary has been generated from information found on Charity Navigator.
Is Monarch Joint Venture legitimate?
Monarch Joint Venture is a legitimate nonprofit organization registered as a 501(c)(3) entity. Monarch Joint Venture 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: $70,965
Professional Fundraising Fees: $0
Other Salaries and Wages: $694,500
For more financial information, click here
Official website here: www.monarchjointventure.org
What is the mission statement of Monarch Joint Venture?
The Monarch Joint Venture, a collaborative nonprofit organization, is dedicated to safeguarding monarch butterflies and their migratory journey. By partnering with various entities such as federal and state agencies, nonprofits, community groups, businesses, and academic programs, they aim to deliver conservation efforts, education, and scientific research across the United States. Through this collaborative approach, the Monarch Joint Venture implements initiatives focused on habitat preservation, education, and scientific studies, all guided by a regularly updated Monarch Conservation Implementation Plan. This plan serves as a blueprint for conservation planning, providing a unified framework for stakeholders nationwide.
Official website here: www.monarchjointventure.org
Who is the CEO of Monarch Joint Venture?
Wendy Caldwell is the Executive Director of Monarch Joint Venture.
Official website here: www.monarchjointventure.org
What is the revenue of Monarch Joint Venture?
Monarch Joint Venture's revenue in 2022 was $1,728,257.
Official website here: www.monarchjointventure.org
Who are the executives of Monarch Joint Venture and what are their salaries?
The average compensation at Monarch Joint Venture during 2022 was $36,451. There are 21 employees and 215 volunteers at Monarch Joint Venture.
Here are 14 key members and their salaries:
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- Other: $28,534
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Official website here: www.monarchjointventure.org
Where can I find the form 990 for Monarch Joint Venture?
Monarch Joint Venture's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.monarchjointventure.org
Learn more at the official website: www.monarchjointventure.org
Mission Statement of Monarch Joint Venture
Monarch Joint Venture, a nonprofit organization, is committed to safeguarding monarch butterflies and their migration journey. To achieve this, it collaborates with various partners across the United States. This collaboration aims to deliver conservation efforts, education, and scientific research in the fields of habitat and pollinator preservation. The organization's mission is multifaceted, encompassing the development and implementation of science-based conservation actions. These actions are guided by a regularly updated Monarch Conservation Implementation Plan, which serves as a comprehensive framework for conservation planning for partners and other interested stakeholders nationwide. Monarch Joint Venture's mission is to foster a unified effort, bringing together federal and state agencies, nonprofits, community groups, businesses, and academic programs, all working towards the common goal of preserving monarch butterflies and other pollinators.
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Impact
July, 2024
Monarch Joint Venture's impact can be seen in its efforts to protect monarch butterflies and their migration through collaboration with various partners across the United States. By bringing together federal and state agencies, nonprofits, community groups, businesses, and academic programs, Monarch Joint Venture has been instrumental in implementing science-based conservation actions to preserve monarch populations. Their work, which is guided by a comprehensive Monarch Conservation Implementation Plan, has contributed significantly to the conservation of monarch butterflies and other pollinators since 2008.
This information is meant to be a general summary of Monarch Joint Venture. 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: $298
- Program Service Revenue: $63,043
- Gross Receipts: $1,728,257
Assets and Liabilities:
- Total Assets: $766,413
- Total Liabilities: $105,111
- Net Assets: $661,302
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Program Service Revenue
Revenue
$63,043
Organization Details
Founding Year
2018
Principal Officer
Wendy Caldwell
Main Address
2233 University Ave West 426, Saint Paul, MN, 55114
Website
www.monarchjointventure.orgNTEE Category
Code: B99 - Education
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