Tin Can Sailors Inc

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

EIN: 042777916 ✦ Somerset, MA ✦ Designated as a 501(c)(3)

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Overview

What is Tin Can Sailors Inc?

Tin Can Sailors Inc is a nonprofit organization situated in Somerset, Massachusetts, with a postal address at PO Box 100. Their primary mission is to preserve and enhance destroyers that hold museum status. To achieve this, they provide grants for their maintenance, restoration, or improvement. With a team of five dedicated individuals, Tin Can Sailors Inc is dedicated to showcasing and preserving the history of these significant naval vessels for present and future generations.


Official website here: www.destroyers.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 83% (Three-Star out of Four Star rating)

Tin Can Sailors Inc has earned an overall score of 83% based on its Accountability & Finance metrics, reflecting a solid commitment to transparency and responsible financial practices. The charity's strong performance is highlighted by perfect scores in areas such as independent board membership and adherence to conflict of interest policies, indicating a well-governed organization.

The charity's strengths include a fully independent board of ten members and comprehensive policies concerning whistleblower protection and document retention. However, while the organization excels in many areas of governance, it received a lower score in its Program Expense Ratio, which stands at 62.38%. This suggests there may be room for improvement in how funds are allocated towards direct program services versus administrative or fundraising costs.

Overall, Tin Can Sailors Inc demonstrates a strong commitment to accountability and financial health, making it a trustworthy option for potential donors. While there are some areas for improvement in program spending, the organization’s solid governance practices indicate a responsible approach to managing donor contributions.


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

What do the Facebook reviews say about Tin Can Sailors Inc?

90% of 37 reviewers on Facebook recommend Tin Can Sailors Inc. Here is a summary of their reviews:

Many people express a strong connection to the organization, emphasizing the unforgettable experiences and the camaraderie formed while serving on a "tin can." The shared memories and the bond among those involved resonate deeply with users, highlighting the significance of the nonprofit's mission in fostering relationships and preserving naval history.

Overall, the sentiment towards Tin Can Sailors Inc. is positive, with reviewers appreciating the meaningful experiences and the community it fosters among its members. The nonprofit appears to effectively deliver on its commitment to create lasting connections and honor those who have served.


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

Is Tin Can Sailors Inc legitimate?

Tin Can Sailors Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Tin Can Sailors 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: $157,267
Professional Fundraising Fees: $0
Other Salaries and Wages: $170,896

For more financial information, click here


Official website here: www.destroyers.org

What is the mission statement of Tin Can Sailors Inc?

Tin Can Sailors Inc's primary objective is centered around restoring or enhancing destroyer vessels, ultimately aiming to preserve them for museum display. The organization's mission is to dedicate resources towards maintaining and improving these historical naval vessels, providing them with museum-worthy status. Grants are provided to support these efforts.


Official website here: www.destroyers.org

Who is the CEO of Tin Can Sailors Inc?

Terry Miller is the Executive of Tin Can Sailors Inc.


Official website here: www.destroyers.org

What is the revenue of Tin Can Sailors Inc?

Tin Can Sailors Inc's revenue in 2022 was $659,268.


Official website here: www.destroyers.org

Who are the executives of Tin Can Sailors Inc and what are their salaries?

The average compensation at Tin Can Sailors Inc during 2022 was $65,633. There are 5 employees and 10 volunteers at Tin Can Sailors Inc.


Here are 7 key members and their salaries:


Terry Miller (Executive)
  • Compensation: $42,509
  • Related: $0
  • Other: $0
Ed Taicsich (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Roger Novak (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
James Hoffman (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Morgan Little (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kenneth Millett (Treasurer/Clerk)
  • Compensation: $0
  • Related: $0
  • Other: $0
Delbert Krause (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.destroyers.org

Where can I find the form 990 for Tin Can Sailors Inc?

Tin Can Sailors Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.destroyers.org

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

Mission Statement of Tin Can Sailors Inc

Tin Can Sailors Inc, as a nonprofit organization, is dedicated to restoring or enhancing destroyers with museum status. The primary objective of this organization is to preserve these historical vessels, aiming to maintain their integrity and historical value for future generations to appreciate and learn from. Through grants, Tin Can Sailors Inc supports the upkeep, restoration, and improvement of these destroyers, ensuring they retain their museum-worthy status. The organization's efforts contribute to the preservation of maritime history and the education of the public about the role of destroyers in naval warfare and naval history.

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Impact




July, 2024

Tin Can Sailors Inc has a significant impact on preserving maritime history and honoring the legacy of destroyers with museum status. Through its grants to maintain, restore, and improve these vessels, the organization plays a crucial role in ensuring that future generations can learn about the sacrifices and achievements of sailors who served on these ships. By supporting the preservation of important naval artifacts, Tin Can Sailors Inc helps to keep alive the stories of these historic vessels and the brave individuals who served aboard them.




This information is meant to be a general summary of Tin Can Sailors 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
$659,268 (2022)
Expenses
$809,856 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $1,991
  • Program Service Revenue: $4,220
  • Gross Receipts: $706,143

Assets and Liabilities:

  • Total Assets: $665,397
  • Total Liabilities: $129,866
  • Net Assets: $535,531

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Programs

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

MAGAZINE

Revenue

$4,220

Organization Details

Founding Year

1982

Principal Officer

Terry Miller

Main Address

PO BOX 100, SOMERSET, MA, 02726

NTEE Category

Code: A54 - Arts

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