Overview
What is The Freshwater Trust?
The Freshwater Trust is a nonprofit organization dedicated to safeguarding and rejuvenating freshwater ecosystems. Leveraging science, technology, and incentive programs, they strive to make a tangible impact on the conservation of freshwater systems in a time-sensitive manner.
Official website here: www.thefreshwatertrust.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement
The Freshwater Trust has received a two-star rating from Charity Navigator, indicating that there are areas requiring improvement despite some organizational strengths. With an overall score of 74%, the nonprofit demonstrates good accountability and transparency practices, evidenced by its fully independent board and comprehensive policies in place. However, the low program expense ratio of 63.88% raises concerns about the effectiveness of its resource allocation towards its mission.
The organization shows a commitment to equity strategies, achieving an impressive score of 81 out of 100, which reflects its intent to consider diverse perspectives in its operations. However, the absence of tax forms on its website could hinder public trust and transparency, which are essential for nonprofit credibility. Additionally, while the overall financial health shows some strengths, the high liabilities to assets ratio of 88.59% suggests potential financial risks that the organization may need to address to ensure long-term sustainability.
In summary, while The Freshwater Trust has solid governance structures and policies, the organization faces challenges in financial management and transparency that could impact its overall effectiveness and public perception. Addressing these areas could enhance its impact and improve its rating in the future.
This AI summary has been generated from information found on Charity Navigator.
Is The Freshwater Trust legitimate?
The Freshwater Trust is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Freshwater Trust 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: $399,567
Professional Fundraising Fees: $129,750
Other Salaries and Wages: $3,527,107
For more financial information, click here
Official website here: www.thefreshwatertrust.org
What is the mission statement of The Freshwater Trust?
The Freshwater Trust is committed to preserving and restoring freshwater ecosystems. Utilizing scientific knowledge, advanced technology, and incentive-based solutions, the organization is making a significant impact on the conservation of freshwater systems in a time-sensitive manner. By implementing these approaches, The Freshwater Trust is leading the way in altering the trajectory of freshwater conservation efforts. Through their dedicated work, they aim to ensure the long-term health and sustainability of freshwater ecosystems.
Official website here: www.thefreshwatertrust.org
Who is the CEO of The Freshwater Trust?
Joe Whitworth is the Chair of The Freshwater Trust.
Official website here: www.thefreshwatertrust.org
What is the revenue of The Freshwater Trust?
The Freshwater Trust's revenue in 2022 was $7,682,823.
Official website here: www.thefreshwatertrust.org
Who are the executives of The Freshwater Trust and what are their salaries?
The average compensation at The Freshwater Trust during 2022 was $59,495. There are 66 employees and 21 volunteers at The Freshwater Trust.
Here are 28 key members and their salaries:
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- Compensation: $128,672
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- Other: $12,417
Official website here: www.thefreshwatertrust.org
Where can I find the form 990 for The Freshwater Trust?
The Freshwater Trust's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.thefreshwatertrust.org
Learn more at the official website: www.thefreshwatertrust.org
Mission Statement of The Freshwater Trust
The Freshwater Trust, a pioneering nonprofit organization, is dedicated to the preservation and restoration of freshwater ecosystems. Utilizing the latest scientific research and innovative technologies, this esteemed group is revolutionizing the conservation landscape with incentive-based solutions that yield tangible results in a timeframe that truly matters.
Through their unwavering commitment to freshwater ecosystems, The Freshwater Trust seeks to mitigate the environmental challenges that threaten these vital habitats. By combining the power of science and technology with the incentive of sustainable solutions, they are effectively changing the course of conservation efforts. Their mission is not just about preserving these ecosystems for future generations, but also about restoring them to their optimal health and balance.
In pursuit of this noble goal, The Freshwater Trust employs a multi-faceted approach. They utilize science to identify the underlying causes of degradation and develop effective strategies for addressing these issues. Technology plays a crucial role in their efforts, enabling them to monitor water quality and track progress in real-time. Moreover, by offering incentive-based solutions, they encourage stakeholders to take meaningful actions that contribute to the overall health of freshwater ecosystems.
In summary, The Freshwater Trust is a trailblazing organization that is redefining the future of freshwater conservation through the power of science, technology, and incentives. Their mission is to protect and restore freshwater ecosystems, ensuring they remain healthy and thriving for generations to come.
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Impact
October, 2024
The Freshwater Trust has a significant impact on preserving and restoring freshwater ecosystems. By leveraging science and technology, alongside incentive-based solutions, they are transforming conservation efforts in a timely and effective manner. Their approach not only addresses critical ecological challenges but also promotes the health and sustainability of aquatic environments. Based in Portland, Oregon, their initiatives contribute to the protection of diverse animal species and enhance the integrity of vital freshwater resources. Through innovative solutions, The Freshwater Trust is actively changing the course of conservation, ensuring the resilience of these ecosystems for future generations.
This information is meant to be a general summary of The Freshwater Trust. 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: $4,588
- Program Service Revenue: $3,694,299
- Gross Receipts: $8,061,740
Assets and Liabilities:
- Total Assets: $7,678,913
- Total Liabilities: $6,802,855
- Net Assets: $876,058
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
ANALYTICS
Revenue
$2,620,904
WATER QUALITY TRADING
Revenue
$1,073,395
Organization Details
Founding Year
1983
Phone
(503) 222-9091Principal Officer
Joe Whitworth
Main Address
700 SW TAYLOR ST 200, PORTLAND, OR, 97205
Website
www.thefreshwatertrust.orgNTEE Category
Code: D330 - Animals
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