Overview
What is Martha's Vineyard Donors Collaborative Inc?
Martha's Vineyard Donors Collaborative Inc is a nonprofit organization that aims to strengthen philanthropy on the island. They accomplish this by providing supporting services and offering grants to enhance the capabilities of local nonprofit organizations. By advocating for these organizations, the collaborative works towards expanding philanthropic opportunities on Martha's Vineyard. The organization's mission is a testament to its commitment to bolstering the local nonprofit sector, ensuring their long-term success and sustainability.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 47%, Zero-Star out of Four Star rating.
Martha's Vineyard Donors Collaborative Inc has received a low score of 47%, primarily reflecting its Accountability & Finance practices. While the organization scored well in areas such as having a majority independent board and a whistleblower policy, significant concerns were raised regarding its financial performance, particularly a low program expense ratio of 37.70%. This indicates that a smaller portion of its budget is being directed towards its programs compared to administrative costs.
The organization demonstrates solid governance features, with all board members being independent and the presence of necessary policies for document retention and meetings. However, the financial aspect appears to be a major limitation, as suggested by a liabilities to assets ratio of 0.40%, which raises concerns about its fiscal health and sustainability.
Overall, while Martha's Vineyard Donors Collaborative Inc has established some strong governance and accountability practices, its poor financial performance and low program spending ratio highlight significant areas for improvement. Potential donors should consider these factors when evaluating their support for the organization.
This AI summary has been generated from information found on Charity Navigator.
Is Martha's Vineyard Donors Collaborative Inc legitimate?
Martha's Vineyard Donors Collaborative Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Martha's Vineyard Donors Collaborative 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: $86,185
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What is the mission statement of Martha's Vineyard Donors Collaborative Inc?
The mission of Martha's Vineyard Donors Collaborative Inc is centered around expanding philanthropy and providing support to nonprofit organizations. This is achieved through capacity building and advocacy. The organization strives to enhance philanthropic activities, thereby bolstering the capabilities of these nonprofits. They achieve this by offering a variety of supporting services and grant distributions, all aligned with their mission.
Who is the CEO of Martha's Vineyard Donors Collaborative Inc?
Gerald Jones is the President/Chair of Martha's Vineyard Donors Collaborative Inc.
What is the revenue of Martha's Vineyard Donors Collaborative Inc?
Martha's Vineyard Donors Collaborative Inc's revenue in 2022 was $142,273.
Who are the executives of Martha's Vineyard Donors Collaborative Inc and what are their salaries?
The average compensation at Martha's Vineyard Donors Collaborative Inc during 2022 was $86,185. There is 1 employee and 7 volunteers at Martha's Vineyard Donors Collaborative Inc.
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Where can I find the form 990 for Martha's Vineyard Donors Collaborative Inc?
Martha's Vineyard Donors Collaborative Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Martha's Vineyard Donors Collaborative Inc
Martha's Vineyard Donors Collaborative Inc is dedicated to expanding philanthropy within its community and providing support to local nonprofit organizations. Its mission is centered around capacity building and advocacy, aiming to bolster the capabilities and influence of these organizations. The collaborative offers a variety of services and grants to facilitate this mission, contributing to the overall growth and success of Martha's Vineyard's nonprofit sector.
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Impact
October, 2024
Martha's Vineyard Donors Collaborative Inc plays a crucial role in enhancing the landscape of philanthropy on Martha's Vineyard. By focusing on capacity building and advocacy, the organization significantly supports local nonprofit organizations, enabling them to thrive and better serve their communities. Through various services and grant opportunities, it empowers these organizations to strengthen their operations, expand their reach, and improve their impact. The collaborative not only elevates the capacity of nonprofits but also fosters a culture of giving, encouraging more philanthropic efforts within the community. This commitment to bolstering the nonprofit sector ultimately contributes to a more vibrant and resilient community on Martha's Vineyard.
This information is meant to be a general summary of Martha's Vineyard Donors Collaborative 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.
- Investment Income: $73
- Program Service Revenue: $81,400
- Gross Receipts: $142,273
Assets and Liabilities:
- Total Assets: $213,341
- Total Liabilities: $858
- Net Assets: $212,483
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Board Leader training
Revenue
$2,500
DEIJ INTENSIVE
Revenue
$13,000
SCHOLARSHIP
Revenue
$8,600
SHARED SERVICES
Revenue
$11,800
Strategic services & INP
Revenue
$45,500
Organization Details
Founding Year
2003
Phone
(917) 855-1891Principal Officer
Gerald Jones
Main Address
10 North Bog Rd 534, Edgartown, MA, 02539
NTEE Category
Code: T19 - Philanthropy
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