Sankaty Head 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: 042315931 ✦ Siasconset, MA ✦ Designated as a 501(c)(3)

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Overview

What is Sankaty Head Foundation Inc?

The Sankaty Head Foundation Inc, located in Siasconset, Massachusetts, is a nonprofit organization with a focus on the educational and recreational development of 65 young men. Their primary mission is to foster physical fitness, cooperation, and leadership skills through their Summer Caddie Program. This initiative is designed to stimulate and encourage the overall well-being of high school and college-aged individuals. With a dedicated workforce of nine employees, the Sankaty Head Foundation Inc contributes positively to the personal growth and development of young men in their community.


Official website here: www.sankatyheadcaddieprogram.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 96% (Four-Star out of Four Star Rating)

The Sankaty Head Foundation Inc has achieved a high score of 96% from Charity Navigator, which reflects its strong commitment to accountability and financial transparency. This rating is based entirely on financial metrics, indicating that the organization efficiently manages its resources and adheres to best practices in governance. The foundation's board is fully independent, which is essential for maintaining unbiased oversight.

The foundation exhibits strong financial health, demonstrated by a program expense ratio of 85.93%, meaning a significant portion of its budget directly supports its mission. The organization has implemented robust policies, including a conflict of interest policy and a whistleblower policy, reinforcing its ethical standards and transparency. Additionally, it has no material diversion of assets, further highlighting its integrity in financial management.

While the rating underscores its strengths, the focus on financials means that there are no assessments of programmatic impact or effectiveness in achieving its mission. Future evaluations could benefit from including qualitative measures to provide a more holistic view of the organization's overall performance and community impact.


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

Is Sankaty Head Foundation Inc legitimate?

Sankaty Head Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Sankaty Head 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: $314,983

For more financial information, click here


Official website here: www.sankatyheadcaddieprogram.org

What is the mission statement of Sankaty Head Foundation Inc?

The Sankaty Head Foundation Inc's mission is centered around promoting, stimulating, and encouraging the education, physical fitness, and overall well-being of young men in high school or college age. This is achieved through the operation of a summer caddie program. The primary objective of this program is to provide educational and recreational opportunities, fostering physical fitness, cooperation, and leadership skills in the participating young men. The foundation's activities aim to contribute positively to the personal development of these individuals, preparing them for various aspects of life.


Official website here: www.sankatyheadcaddieprogram.org

Who is the CEO of Sankaty Head Foundation Inc?

W Geoffrey Beattie is the Secretary of Sankaty Head Foundation Inc.


Official website here: www.sankatyheadcaddieprogram.org

What is the revenue of Sankaty Head Foundation Inc?

Sankaty Head Foundation Inc's revenue in 2022 was $1,451,820.


Official website here: www.sankatyheadcaddieprogram.org

Who are the executives of Sankaty Head Foundation Inc and what are their salaries?

The average compensation at Sankaty Head Foundation Inc during 2022 was $34,998. There are 9 employees at Sankaty Head Foundation Inc.


Here are 13 key members and their salaries:


Richard A Drucker (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jacques Wullschleger (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
F Duffield Meyercord (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mary M Greig (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
James L Malone Iii (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Francis X Queally Jr (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Christopher C Quick (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
W Geoffrey Beattie (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Alison Bibbins Ward (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mark Lichtenfeld (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Warren Stephens (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Peter Wareing (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Valerie Wilson Mccarthy (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.sankatyheadcaddieprogram.org

Where can I find the form 990 for Sankaty Head Foundation Inc?

Sankaty Head Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.sankatyheadcaddieprogram.org

Learn more at the official website: www.sankatyheadcaddieprogram.org

Mission Statement of Sankaty Head Foundation Inc

The Sankaty Head Foundation Inc, with a focus on promoting, stimulating, and encouraging the education, physical fitness, and general welfare of young men, operates a summer caddie program. This mission is aimed at supporting high school and college-aged individuals through an educational and recreational summer program. The primary objective of this program is to foster physical fitness, cooperation, and leadership skills in these young men. The Sankaty Head Foundation Inc's summer caddie program serves as a platform for these young individuals to grow and develop, providing them with a unique opportunity to enhance their personal and interpersonal skills.

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Impact




July, 2024

Sankaty Head Foundation Inc's impact can be seen in the educational and recreational opportunities it provides for young men through its summer caddie program. By offering a program designed to foster physical fitness, cooperation, and leadership skills, the foundation plays a vital role in promoting the overall well-being of high school and college-aged participants. Through this initiative, Sankaty Head Foundation Inc is actively contributing to the development of young men, helping them grow academically, physically, and personally.




This information is meant to be a general summary of Sankaty Head 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
$1,451,820 (2022)
Expenses
$1,509,205 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $224,007
  • Program Service Revenue: $11,323
  • Gross Receipts: $5,368,677

Assets and Liabilities:

  • Total Assets: $9,690,171
  • Total Liabilities: $61,554
  • Net Assets: $9,628,617

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Programs

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

PROGRAM FEES

Revenue

$11,323

Organization Details

Founding Year

1961

Principal Officer

W Geoffrey Beattie

Main Address

PO BOX 875, SIASCONSET, MA, 02564

NTEE Category

Code: N60 - Recreation

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