Overview
What is Discover Cayuga Lake Inc?
Discover Cayuga Lake Inc is a nonprofit organization based in Ithaca, New York, with 26 employees. Their primary mission is to educate students, community members, and visitors about the ecology and history of Cayuga Lake and its watershed. They achieve this through various programs such as the Floating Classroom, where individuals learn to conduct science experiments on the lake, and the Finger Lakes Trout in the Classroom, which allows students to raise trout from eggs and release them into local streams. Additionally, Discover Cayuga Lake Inc offers community access programming, ecotourism programs, and charter cruises, all aimed at fostering a deeper understanding and appreciation of the lake's environment. These activities not only benefit the community but also help fund their educational programs, ensuring a future where these healthy environments are preserved for generations to come.
Official website here: www.discovercayugalake.org
What are the reviews and ratings of this charity?
Charity Navigator rating: 76% (Three-Star out of Four Stars)
Discover Cayuga Lake Inc has received a 76% rating from Charity Navigator, which translates to a Three-Star designation. This score is based entirely on its accountability and finance metrics, indicating a solid level of financial management and transparency. The organization has performed well in several key areas, including having a fully independent board of directors and no material diversion of assets, which showcases a strong commitment to ethical governance.
However, there are notable limitations in the organization's policies that may be of concern to potential donors. Discover Cayuga Lake Inc does not have a conflict of interest policy, a whistleblower policy, or a document retention and destruction policy in place. Additionally, the organization has not posted its tax form on its website, which detracts from its transparency efforts.
Despite these issues, the nonprofit maintains a healthy liabilities to assets ratio and allocates a significant portion of its budget to program expenses, indicating a focus on its mission-driven activities. Overall, while Discover Cayuga Lake Inc demonstrates positive financial practices, addressing the identified governance policy gaps would enhance its credibility and trustworthiness in the nonprofit sector.
This AI summary has been generated from information found on Charity Navigator.
Is Discover Cayuga Lake Inc legitimate?
Discover Cayuga Lake Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Discover Cayuga Lake 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: $55,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $204,935
For more financial information, click here
Official website here: www.discovercayugalake.org
What is the mission statement of Discover Cayuga Lake Inc?
Discover Cayuga Lake Inc aims to foster learning about the ecology and history of Cayuga Lake and its watershed among students, community members, and visitors. Their mission is to inspire people to maintain the health of these environments for future generations. They engage in various programs such as the Floating Classroom, Finger Lakes Trout in the Classroom, community access programming, ecotourism, and charter cruises, all with the intent of educating the public and funding their educational initiatives. These activities aim to promote an appreciation for the lake and its ecosystem, encouraging sustainable practices to preserve it for future generations.
Official website here: www.discovercayugalake.org
Who is the CEO of Discover Cayuga Lake Inc?
Bill Foster is the Executive Director of Discover Cayuga Lake Inc.
Official website here: www.discovercayugalake.org
What is the revenue of Discover Cayuga Lake Inc?
Discover Cayuga Lake Inc's revenue in 2022 was $442,856.
Official website here: www.discovercayugalake.org
Who are the executives of Discover Cayuga Lake Inc and what are their salaries?
The average compensation at Discover Cayuga Lake Inc during 2022 was $9,998. There are 26 employees and 10 volunteers at Discover Cayuga Lake Inc.
Here are 9 key members and their salaries:
- Compensation: $56,553
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Official website here: www.discovercayugalake.org
Where can I find the form 990 for Discover Cayuga Lake Inc?
Discover Cayuga Lake Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.discovercayugalake.org
Learn more at the official website: www.discovercayugalake.org
Mission Statement of Discover Cayuga Lake Inc
Discover Cayuga Lake Inc, a nonprofit organization, is dedicated to cultivating a deep understanding and appreciation for the ecology and historical significance of Cayuga Lake and its watershed. Through their mission, they strive to engage students, community members, and visitors, inspiring them to preserve these environments for future generations.
One of the key initiatives by Discover Cayuga Lake Inc is the Floating Classroom program on Cayuga Lake, where participants learn the art of scientific exploration on the lake. Another noteworthy program is the Finger Lakes Trout in the Classroom, which empowers students to raise trout from eggs and release the fry into local streams, fostering a connection between the students and the natural world.
Moreover, Discover Cayuga Lake Inc promotes community access to the lake, ensuring that all segments of the community can benefit from this resource. Their ecotourism programs and charter cruises not only provide enjoyable experiences for visitors but also serve as a means to fund their educational programs. In essence, Discover Cayuga Lake Inc is a beacon for environmental education and preservation, inspiring people to take action and ensure the health of Cayuga Lake and its watershed for generations to come.
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Impact
June, 2024
Discover Cayuga Lake Inc has a significant impact on the community by engaging students, community members, and visitors in learning about the ecology and history of Cayuga Lake and its watershed. Through programs like the Floating Classroom on Cayuga Lake and the Finger Lakes Trout in the Classroom initiative, participants learn hands-on science and conservation practices. The organization's community access programming ensures that all segments of the community have the opportunity to explore and appreciate Cayuga Lake. Additionally, the ecotourism programs and charter cruises not only benefit the community but also help fund educational programs, ensuring a sustainable impact for future generations.
This information is meant to be a general summary of Discover Cayuga Lake 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 2022.
- Program Service Revenue: $355,244
- Gross Receipts: $442,856
Assets and Liabilities:
- Total Assets: $317,621
- Total Liabilities: $112,326
- Net Assets: $205,295
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Boat TourOther program
Revenue
$355,244
Organization Details
Founding Year
2019
Principal Officer
Bill Foster
Main Address
110 N Tioga Street, Ithaca, NY, 14850
Website
www.discovercayugalake.orgNTEE Category
Code: C99 - Environment
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