The Great Pond Foundation Inc
- Assets
- $1.2m
- Revenue
- $645.3k
- Investments
- $0.0
- Employees
- 9
- Location
- Edgartown, MA
- Founding
- 07/2000
- Data as of
- 12/2021
- EIN
- 04-3446891
Organization Overview
The Great Pond Foundation Inc is located in Edgartown, MA. The organization was established in 2000. According to its NTEE Classification (C27) the organization is classified as: Recycling, under the broad grouping of Environment and related organizations. As of 12/2021, Great Pond Foundation Inc employed 9 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Great Pond Foundation Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, Great Pond Foundation Inc generated $645.3k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 18.9% each year . All expenses for the organization totaled $457.5k during the year ending 12/2021. While expenses have increased by 15.7% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
ENHANCE THE HEALTH AND BEAUTY OF EDGARTOWN GREAT POND LOCATED ON THE ISLAND OF MARTHA'S VINEYARD FOR THE BENEFIT OF THE GENERAL PUBLIC. THE ORGANIZATION IDENTIFIES AND IMPLEMENTS SOLUTIONS TO ENVIRONMENTAL PROBLEMS AFFECTING THE POND AND EDUCATES THE PUBLIC REGARDING THE VALUE OF THE POND AND THREATS TO THE HEALTH AND BEAUTY OF THE POND.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ORGANIZATION IDENTIFIES AND IMPLEMENTS SOLUTIONS TO COASTAL POND RESTORATION AND MANAGEMENT THROUGH AN EXTENSIVE ECOSYSTEM MONITORING PROGRAM AND ADVOCACY FOR DATA-DRIVEN AND SCIENTIFICALLY INFORMED POND MANAGEMENT.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Robert Rukeyser Director / Treasurer | OfficerTrustee | 4 | $0 |
Anne Mazar Director/clerk | OfficerTrustee | 1 | $0 |
Michael Shalett Director / President | OfficerTrustee | 2 | $0 |
Ac Greer Director/chair | OfficerTrustee | 1 | $0 |
Jeremy Houser Director | Trustee | 1 | $0 |
Kristina West Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $534,163 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $534,163 |
| Total Program Service Revenue | $80,225 |
| Investment income | $20,732 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $10,204 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $645,324 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $242,278 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $68,380 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $19,915 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $14,400 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $14,168 |
| Insurance | $2,393 |
| All other expenses | $2,780 |
| Total functional expenses | $457,511 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $184,497 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $138,641 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $36,607 |
| Investments—publicly traded securities | $865,438 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $11,173 |
| Total assets | $1,236,356 |
| Accounts payable and accrued expenses | $39,758 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $39,758 |
| Net assets without donor restrictions | $1,140,794 |
| Net assets with donor restrictions | $55,804 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $1,236,356 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that The Great Pond Foundation Inc has recieved totaling $1,000.
| Awarding Organization | Amount |
|---|---|
Marthas Vineyard Bank Charitable Foundation Inc Edgartown, MA PURPOSE: EXEMPT PURPOSE | $1,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Furniture Trust Organization Inc Arlington, MA | $739,128 | $7,076,929 |
1 For The Planet Inc Burlington, VT | $13,842,882 | $4,568,518 |
Finger Lakes Reuse Inc Ithaca, NY | $1,994,394 | $3,045,475 |
Fabscrap Inc Brooklyn, NY | $633,771 | $1,218,585 |
Bronx River Alliance Inc Bronx, NY | $1,741,591 | $1,231,886 |
Sure We Can Inc Brooklyn, NY | $493,950 | $1,303,285 |
Stark Mountain Foundation Inc Waitsfield, VT | $715,466 | $539,834 |
Friends Of The Upper Delaware River Hancock, NY | $990,040 | $867,642 |
The Rhode Island Association Of Conservation Districts Johnston, RI | $109,768 | $657,384 |
National Onsite Wastewater Recycling Association Inc Westford, MA | $441,973 | $798,443 |
Student-Led Sustainable Initiatives Inc Dover, NH | $283,956 | $473,396 |
Northeast Recycling Council Brattleboro, VT | $1,206,462 | $754,846 |