Overview
What is Musk Ox Development Corporation?
The Musk Ox Development Corporation, established in Palmer, Alaska, is a nonprofit organization with a primary focus on the public education of musk ox domestication and the development of the wool industry. With a dedicated workforce of 21 individuals, the corporation aims to achieve this mission by promoting musk ox domestication and fostering the growth of the related wool industry. This endeavor encompasses various educational objectives, ultimately contributing to the better understanding and utilization of musk ox resources.
Official website here: www.muskoxfarm.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 69%, Two-Star out of Four Star rating.
The Musk Ox Development Corporation has received a 69% rating from Charity Navigator, indicating a moderate level of accountability and transparency within the organization. The nonprofit benefits from a fully independent board and has shown a strong commitment to program spending, with 71.84% of its expenses directed towards its programs. Additionally, the organization has no record of asset diversion and maintains a favorable liabilities to assets ratio of 0.27%.
However, the nonprofit has notable weaknesses in its governance practices, particularly the absence of essential policies such as a conflict of interest policy and a whistleblower policy. These missing components have impacted its overall score, reflecting areas where improvements are necessary. Furthermore, while the organization has taken steps to document board meeting minutes, additional measures for document retention and destruction are lacking. Overall, while the Musk Ox Development Corporation demonstrates strong financial management, enhancing governance policies could strengthen its overall effectiveness.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about Musk Ox Development Corporation?
96% of 338 reviewers on Facebook recommend Musk Ox Development Corporation. Here is a summary of their reviews:
Many visitors describe the experience as enjoyable and mention it as a great stop during their travels. The farm is perceived as not only fun but also affordable, making it an accessible destination for families and travelers alike. Reviewers frequently suggest the farm to others, highlighting its appeal and the memorable experiences it offers.
Overall, the organization seems to successfully engage its audience, contributing to positive word-of-mouth among visitors. The combination of an interesting experience with economic value has allowed it to gain a favorable reputation in the community.
This AI summary has been generated from reviews found on Facebook.
Is Musk Ox Development Corporation legitimate?
Musk Ox Development Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Musk Ox Development Corporation 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: $114,150
Professional Fundraising Fees: $0
Other Salaries and Wages: $296,870
For more financial information, click here
Official website here: www.muskoxfarm.org
What is the mission statement of Musk Ox Development Corporation?
The Musk Ox Development Corporation's mission revolves around the domestication of musk ox and the development of a wool industry. This mission is accompanied by educational objectives, aiming to spread awareness about musk ox domestication and the wool industry. The corporation focuses on public education, serving as a significant resource for understanding this unique endeavor.
Official website here: www.muskoxfarm.org
Who is the CEO of Musk Ox Development Corporation?
Dr Pam Groves is the President of Musk Ox Development Corporation.
Official website here: www.muskoxfarm.org
What is the revenue of Musk Ox Development Corporation?
Musk Ox Development Corporation's revenue in 2022 was $621,444.
Official website here: www.muskoxfarm.org
Who are the executives of Musk Ox Development Corporation and what are their salaries?
The average compensation at Musk Ox Development Corporation during 2022 was $19,572. There are 21 employees and 20 volunteers at Musk Ox Development Corporation.
Here are 11 key members and their salaries:
- Compensation: $114,150
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- Other: $0
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Official website here: www.muskoxfarm.org
Where can I find the form 990 for Musk Ox Development Corporation?
Musk Ox Development Corporation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.muskoxfarm.org
Learn more at the official website: www.muskoxfarm.org
Mission Statement of Musk Ox Development Corporation
Musk Ox Development Corporation is dedicated to the domestication of musk oxen and the development of a wool industry, while simultaneously prioritizing related educational objectives. This nonprofit organization is committed to spreading awareness and knowledge about musk ox domestication and wool industry growth through public education. It seeks to contribute significantly to this field, serving as a valuable resource for those interested in this unique endeavor.
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Impact
July, 2024
Musk Ox Development Corporation's impact lies in its dedication to the advancement of the musk ox domestication and wool industry. Through its focus on education and research, the organization plays a crucial role in increasing awareness and knowledge about musk oxen while also developing the wool industry. By actively engaging in scientific research and public education initiatives, Musk Ox Development Corporation contributes towards the sustainable growth and promotion of this unique industry.
This information is meant to be a general summary of Musk Ox Development Corporation. 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: $355
- Program Service Revenue: $168,229
- Gross Receipts: $827,801
Assets and Liabilities:
- Total Assets: $1,784,785
- Total Liabilities: $4,840
- Net Assets: $1,779,945
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Tours
Revenue
$168,229
Organization Details
Founding Year
1985
Phone
(907) 745-4151Principal Officer
Dr Pam Groves
Main Address
PO BOX 587, PALMER, AK, 99645
Website
www.muskoxfarm.orgNTEE Category
Code: U00 - Science research
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