Overview
What is Golden State Natural Resources?
Golden State Natural Resources (GSNR) is a nonprofit organization based in Sacramento, California, focusing on enhancing forest health and reducing wildfire risks. Established in 2019, GSNR operates as a public benefit corporation, working towards promoting public safety, forest resiliency, wildfire risk reduction, air quality improvement, organic waste reduction, and rural economic development. At present, GSNR is in the pre-development phase of operations, with plans to progress into engineering, procurement, and construction by fall 2023. Their primary objective is to remove excess biomass from forests and convert it into industrial pellets for export and use in energy generation, as an alternative to coal. The majority of their expenses during the year pertain to the site selection process. Currently, they have a team of four employees working towards these goals.
Official website here: www.goldenstatenaturalresources.com/
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement
Golden State Natural Resources has received a Two-Star out of Four Star rating from Charity Navigator, indicating that there are areas requiring significant improvement. The organization has excelled in accountability and finance, scoring 100% in this category, primarily due to a fully independent board and a solid conflict of interest policy. However, there are notable weaknesses, including the absence of a whistleblower policy and missing documentation regarding document retention and tax forms on their website.
Despite a respectable program expense ratio of 66.05%, which suggests a strong commitment to programmatic spending, the organization faces challenges with its liabilities to assets ratio, which is alarmingly high at 341.22%. This figure raises concerns regarding financial sustainability and management. Furthermore, while the organization maintains transparency in board meeting minutes, the lack of key financial documents online may hinder donor trust and accountability.
In summary, while Golden State Natural Resources demonstrates some strong governance practices, there are significant gaps in fiscal management and transparency that need to be addressed to improve its standing and effectiveness as a nonprofit.
This AI summary has been generated from information found on Charity Navigator.
Is Golden State Natural Resources legitimate?
Golden State Natural Resources is a legitimate nonprofit organization registered as a 501(c)(3) entity. Golden State Natural Resources 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: $493,043
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.goldenstatenaturalresources.com/
What is the mission statement of Golden State Natural Resources?
Golden State Natural Resources (GSNR) was established in 2019 with a mission to promote public safety, forest resiliency, and wildfire risk reduction, among other objectives. Specifically, the organization aims to research and develop strategies to enhance forest health and resiliency, with the ultimate goal of lessening the intensity of catastrophic wildfires in California. In addition to this, GSNR focuses on improving air quality, reducing organic waste, stimulating rural economic development, and pursuing public purposes related to these areas.
Official website here: www.goldenstatenaturalresources.com/
Who is the CEO of Golden State Natural Resources?
Milena De Melo is the Vice President Secretary of Golden State Natural Resources. The CEO's salary of Golden State Natural Resources is $0 and their total compensation is $388,242.
Official website here: www.goldenstatenaturalresources.com/
What is the revenue of Golden State Natural Resources?
Golden State Natural Resources's revenue in 2022 was $192,186.
Official website here: www.goldenstatenaturalresources.com/
Who are the executives of Golden State Natural Resources and what are their salaries?
The average compensation at Golden State Natural Resources during 2022 was $123,261. There are 4 employees at Golden State Natural Resources.
Here are 16 key members and their salaries (Golden State Natural Resources's CEO's salary is $0 and their total compensation is $388,242):
- Compensation: $0
- Related: $419,721
- Other: $0
- Compensation: $0
- Related: $388,242
- Other: $0
- Compensation: $0
- Related: $310,375
- Other: $0
- Compensation: $0
- Related: $273,774
- Other: $0
- Compensation: $0
- Related: $271,984
- Other: $0
- Compensation: $0
- Related: $231,050
- Other: $0
- Compensation: $0
- Related: $217,605
- Other: $0
- Compensation: $200,000
- Related: $0
- Other: $0
- Compensation: $180,214
- Related: $0
- Other: $0
- Compensation: $0
- Related: $172,341
- Other: $0
- Compensation: $104,167
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.goldenstatenaturalresources.com/
Where can I find the form 990 for Golden State Natural Resources?
Golden State Natural Resources's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.goldenstatenaturalresources.com/
Learn more at the official website: www.goldenstatenaturalresources.com/
Mission Statement of Golden State Natural Resources
Golden State Natural Resources (GSNR), a nonprofit organization established in May 2019, is dedicated to the betterment of public safety and the environment. With a primary focus on forest health and resiliency, GSNR aims to mitigate the impact of catastrophic wildfires in California. As a public benefit corporation, it operates under Section 501(c)(3) of the Internal Revenue Code, with a mission to promote forest resiliency, reduce wildfire risk, improve air quality, reduce organic waste, foster rural economic development, and serve various public purposes.
In essence, GSNR was founded with the goal of conducting research and developing innovative strategies to enhance forest health and lessen the intensity of wildfires. By focusing on these objectives, GSNR strives to improve public safety, protect the environment, and contribute to a more sustainable future. Its multifaceted approach encompasses a broad spectrum of initiatives, ranging from wildfire risk reduction to organic waste management and rural economic development.
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Impact
June, 2024
Golden State Natural Resources's impact is focused on promoting public safety, enhancing forest health and resiliency, reducing wildfire risk, improving air quality, decreasing organic waste, fostering rural economic development, and serving other public purposes. The organization aims to address these critical issues by developing strategies to mitigate the intensity of catastrophic wildfires in California. Through its operations, Golden State Natural Resources seeks to play a significant role in forest management, environmental conservation, and sustainable energy generation.
This information is meant to be a general summary of Golden State Natural Resources. 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.
- Gross Receipts: $192,186
Assets and Liabilities:
- Total Assets: $2,188,217
- Total Liabilities: $7,466,666
- Net Assets: -$5,278,449
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Organization Details
Founding Year
2019
Phone
(916) 447-4806Principal Officer
Milena De Melo
Main Address
1215 K Street Suite 1650, Sacramento, CA, 95814
NTEE Category
Code: C36 - Environment
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