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Brant Beach Sailing Foundation Inc

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 020587324 ✦ Ship bottom, NJ ✦ Designated as a 501(c)(3)

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Overview

What is Brant Beach Sailing Foundation Inc?

Brant Beach Sailing Foundation Inc is a nonprofit organization dedicated to encouraging and supporting local sailors as they participate in various regional, national, and international competitions. By providing necessary resources, they aim to enhance their skills and chances of success. Additionally, the foundation promotes and strengthens programs that broaden the involvement of both youth and adults in sailing activities. Moreover, they are committed to preserving the natural environment essential for sailing, ensuring a sustainable future for this sport.


Official website here: www.bbyc.net/sailing-foundation

What are the reviews and ratings of this charity?

Charity Navigator Rating: 56%, One-Star out of Four Star rating.

The Brant Beach Sailing Foundation Inc has received a low score of 56%, indicating several areas for improvement in its accountability and financial practices. The absence of independent board members raises concerns about governance, as an independent board can enhance transparency and decision-making. Despite a good program expense ratio of 97.72%, showing that the majority of funds are directed towards its programs, the charity faces significant issues in governance policies.

The lack of essential policies, such as a conflict of interest policy and a whistleblower policy, reflects a need for more robust governance structures. Additionally, the charity's tax form is not posted on its website, which could hinder transparency for potential donors and the public. While it is commendable that there are no material diversions of assets, the charity's overall performance in accountability is below par.

In summary, while the Brant Beach Sailing Foundation shows effective program spending, its governance weaknesses and lack of transparency are notable limitations. Improvements in board composition and policy implementation could enhance its overall effectiveness and public trust in the organization.


This AI summary has been generated from information found on Charity Navigator.

What do the Facebook reviews say about Brant Beach Sailing Foundation Inc?

82% of 22 reviewers on Facebook recommend the Brant Beach Sailing Foundation Inc. Here's a summary of their experiences:

Many participants appreciate the warm and welcoming atmosphere provided by the club. The friendly demeanor of the members is frequently highlighted, suggesting a community that values inclusion and camaraderie on the water. For those who find themselves in the area, joining the club appears to be a well-regarded option.

Overall, the reviews reflect a positive sentiment towards the nonprofit, with users expressing satisfaction with both the social environment and the activities offered by the foundation.


This AI summary has been generated from reviews found on Facebook.

Is Brant Beach Sailing Foundation Inc legitimate?

Brant Beach Sailing Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Brant Beach Sailing Foundation 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: $0

For more financial information, click here


Official website here: www.bbyc.net/sailing-foundation

What is the mission statement of Brant Beach Sailing Foundation Inc?

The Brant Beach Sailing Foundation Inc's mission is centered around providing resources to support the training and participation of local sailors in both national and international competitions. They also actively promote and aid programs that increase participation in sailing among youth and adults. Additionally, the foundation works towards preserving the natural environment that is conducive to sailing activities.


Official website here: www.bbyc.net/sailing-foundation

Who is the CEO of Brant Beach Sailing Foundation Inc?

David Shanker is the President of Brant Beach Sailing Foundation Inc.


Official website here: www.bbyc.net/sailing-foundation

What is the revenue of Brant Beach Sailing Foundation Inc?

Brant Beach Sailing Foundation Inc's revenue in 2022 was $56,636.


Official website here: www.bbyc.net/sailing-foundation

Who are the executives of Brant Beach Sailing Foundation Inc and what are their salaries?


Here are 8 key members and their salaries:


Mark Horowitz (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Stacy Kliesch (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rick Metz (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Greg Miller (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Barbano (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Virginia Iverson (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Shanker (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Roy Wilkins (Vice Preside)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.bbyc.net/sailing-foundation

Where can I find the form 990 for Brant Beach Sailing Foundation Inc?

Brant Beach Sailing Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.bbyc.net/sailing-foundation

Learn more at the official website: www.bbyc.net/sailing-foundation

Mission Statement of Brant Beach Sailing Foundation Inc

Brant Beach Sailing Foundation Inc, as an organization, is committed to providing resources that support the training and participation of local sailors in regional, national, and international competitions. Their mission extends beyond this, as they also promote and foster programs that encourage the involvement of both youth and adults in sailing activities. Furthermore, the foundation aims to preserve the natural environment conducive to sailing, ensuring that the sport continues to thrive. By providing these resources and initiatives, Brant Beach Sailing Foundation Inc is dedicated to nurturing the growth and development of sailors, while also protecting the environment that sustains their passion for the sport.

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Impact




August, 2024

Brant Beach Sailing Foundation Inc's impact is felt through its dedication to providing resources that support the training and participation of local sailors in regional, national, and international competitions. By promoting and supporting programs that increase the involvement of youth and adults in sailing, the foundation is fostering a love for the sport within the community. Additionally, the foundation plays a vital role in maintaining the natural habitat for sailing, ensuring that future generations can continue to enjoy this recreational activity.




This information is meant to be a general summary of Brant Beach Sailing Foundation 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.

Revenue
$56,636 (2022)
Expenses
$58,014 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Program Service Revenue: $50,757
  • Gross Receipts: $56,636

Assets and Liabilities:

  • Total Assets: $25,575
  • Total Liabilities: $0
  • Net Assets: $25,575

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

PROGRAM SERVICE REVENUE

Revenue

$50,757

Organization Details

Founding Year

2002

Principal Officer

David Shanker

Main Address

PO BOX 402, SHIP BOTTOM, NJ, 08008

NTEE Category

Code: N67 - Recreation

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