Overview
What is The Cat Cay Restoration And Preservation Foundation Inc?
The Cat Cay Restoration and Preservation Foundation Inc. is a nonprofit organization dedicated to safeguarding and revitalizing the historically significant Cat Cay in the Bahamas, which has been impacted by various disasters. Their initiatives focus on defending the island's residents, reefs, historical sites, structures, and infrastructure from impending damage caused by natural and other catastrophes. Moreover, the foundation plays a crucial role in restoring the island following these disasters. Recently, they initiated a project to rehabilitate the Windsor Downs golf course, offering locals and visitors a chance to enjoy the picturesque course, free of charge. This restoration aims to preserve the natural habitat of native birds and readapt the shoreline to encourage the return of native fish.
What are the reviews and ratings of this charity?
Charity Navigator rating: 75% (Three-Star out of Four Star rating)
The Cat Cay Restoration And Preservation Foundation Inc has achieved a Three-Star rating based on a score of 75%, reflecting its performance in Accountability and Finance. The rating is predominantly derived from various financial metrics, emphasizing the organization's commitment to accountability. Positive aspects include a fully independent board and strong management of liabilities and assets, which contribute to the foundation's overall operational integrity.
Despite these strengths, the organization struggles in certain areas, particularly with financial transparency, as indicated by a lack of independent board size and financial statement disclosures. Furthermore, the fundraising efficiency ratio is notably low, suggesting potential challenges in raising funds effectively. These limitations may impact the foundation's long-term sustainability and donor confidence.
Overall, while the Cat Cay Restoration And Preservation Foundation demonstrates accountability through its governance practices, it faces significant hurdles in financial reporting and fundraising. Addressing these areas could enhance its performance rating and appeal to current and prospective supporters.
This AI summary has been generated from information found on Charity Navigator.
Is The Cat Cay Restoration And Preservation Foundation Inc legitimate?
The Cat Cay Restoration And Preservation Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Cat Cay Restoration And Preservation Foundation 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
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What is the mission statement of The Cat Cay Restoration And Preservation Foundation Inc?
The Cat Cay Restoration and Preservation Foundation Inc. is committed to safeguarding and revitalizing the reefs, history, and infrastructure of a historic island, Cat Cay, Bahamas. This is done to shield the island from the devastation caused by both natural and other types of disasters. Post-disaster, the organization aids in the restoration of the island, ensuring the protection of its residents, natural features, historic sites, structures, and infrastructure. The foundation recently initiated the restoration of the Historic Windsor Downs Golf Course on the island. This restoration project not only preserves the natural habitat of various native birds but also modifies the shoreline to reintroduce native fish. Anyone on the island is permitted to play golf on this scenic course, free of charge.
What is the revenue of The Cat Cay Restoration And Preservation Foundation Inc?
The Cat Cay Restoration And Preservation Foundation Inc's revenue in 2023 was $2,301,611.
Who are the executives of The Cat Cay Restoration And Preservation Foundation Inc and what are their salaries?
There 3 volunteers at The Cat Cay Restoration And Preservation Foundation Inc.
Here are 3 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for The Cat Cay Restoration And Preservation Foundation Inc?
The Cat Cay Restoration And Preservation Foundation Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of The Cat Cay Restoration And Preservation Foundation Inc
The Cat Cay Restoration and Preservation Foundation Inc is committed to safeguarding and revitalizing the reefs, history, and infrastructure of historic Cat Cay, Bahamas, which have been impacted by natural disasters and other forms of damage. The organization's primary objective is to provide resources to Cat Cay by shielding the island from the devastation caused by such calamities and restoring it once the disasters have passed. This protection extends to the residents, reefs, historic features, structures, and infrastructure of the island.
Recently, The Cat Cay Restoration and Preservation Foundation Inc initiated the restoration of the Historic Windsor Downs Golf Course on the island. This scenic course is now open for anyone to use, free of charge, and was restored with the aim of preserving the natural habitat of native birds and readapting the shoreline to reintroduce native fish. The foundation's efforts are not limited to the golf course; it continues to work towards protecting and restoring the entire island, ensuring its resilience in the face of future disasters and preserving its unique charm for generations to come.
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Impact
July, 2024
The Cat Cay Restoration And Preservation Foundation Inc is dedicated to restoring and protecting historic Cat Cay in the Bahamas from devastation caused by natural and other types of disasters. Their impact includes preserving the island's reefs, history, and infrastructure, as well as restoring the Windsor Downs golf course. This organization plays a crucial role in safeguarding the island's residents, habitats, historic features, and structures, while also promoting conservation efforts and benefiting the native wildlife. The restoration of the Windsor Downs golf course not only provides recreational opportunities but also contributes to the preservation of the natural habitat for native birds and fish.
This information is meant to be a general summary of The Cat Cay Restoration And Preservation Foundation 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 2023.
- Investment Income: $13,240
- Gross Receipts: $2,301,611
Assets and Liabilities:
- Total Assets: $9,879,199
- Total Liabilities: $334,840
- Net Assets: $9,544,359
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Organization Details
Founding Year
2018
Principal Officer
William G Miller
NTEE Category
Code: A70 - Arts
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