Overview
What is Sagamore Rowing Association Inc?
The Sagamore Rowing Association Inc, situated in Oyster Bay, New York, is a nonprofit organization dedicated to fostering rowing skills among both youth and adults. They accomplish this objective through a range of programs, offering not just instruction but also access to necessary equipment and facilities. The Association's primary focus lies in providing a conducive environment for rowing, working tirelessly to promote this sport within their local community.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 80% (Three-Star out of Four Star rating)
The Sagamore Rowing Association Inc has received an 80% rating from Charity Navigator, indicating a solid performance in terms of Accountability and Finance. This score reflects a strong emphasis on financial transparency and responsible management, as evidenced by the absence of any material diversion of assets and a favorable liabilities to assets ratio of 0.00%.
Strengths of the organization include a fully independent board with ten members, all of whom adhere to a conflict of interest policy. The nonprofit also demonstrates effective governance by documenting board meeting minutes, contributing to its strong accountability practices. Additionally, the program expense ratio of 83.77% highlights the organization's commitment to directing funds towards its mission-related activities, rather than administrative costs.
While the rating reflects positively on the Sagamore Rowing Association's financial management and governance, potential donors and supporters may want to consider further details about its programs and impact. The comprehensive focus on accountability is commendable, but additional information on program outcomes would provide further insight into the organization’s effectiveness in fulfilling its mission.
This AI summary has been generated from information found on Charity Navigator.
Is Sagamore Rowing Association Inc legitimate?
Sagamore Rowing Association Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Sagamore Rowing Association 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: $6,100
For more financial information, click here
What is the mission statement of Sagamore Rowing Association Inc?
The Sagamore Rowing Association Inc's mission revolves around offering rowing instruction and providing necessary equipment and facilities to both youth and adults. They achieve this through various programs, with a primary focus on the sport itself. The association's objective extends beyond just providing resources; it also aims to foster a community for rowing enthusiasts.
Who is the CEO of Sagamore Rowing Association Inc?
Patrick Doyle is the President of Sagamore Rowing Association Inc.
What is the revenue of Sagamore Rowing Association Inc?
Sagamore Rowing Association Inc's revenue in 2022 was $46,025.
Who are the executives of Sagamore Rowing Association Inc and what are their salaries?
There 40 volunteers at Sagamore Rowing Association Inc.
Here are 5 key members and their salaries:
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- Other: $0
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- Other: $0
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- Other: $0
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- Other: $0
- Compensation: $0
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- Other: $0
Where can I find the form 990 for Sagamore Rowing Association Inc?
Sagamore Rowing Association Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Sagamore Rowing Association Inc
Sagamore Rowing Association, a nonprofit organization, is committed to providing rowing instruction, equipment, and facilities for both youth and adults. Their mission is multifaceted, focusing not only on offering the necessary resources for rowing but also on conducting various programs to cater to this interest. This association operates with the goal of fostering a community of rowers, providing them with the necessary tools and guidance to excel in their passion for rowing.
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Impact
August, 2024
Sagamore Rowing Association Inc's impact lies in providing invaluable resources for individuals of all ages to engage in the sport of rowing. By offering instruction, equipment, and facilities, the organization creates opportunities for people to develop their skills, stay active, and enjoy the recreational benefits of rowing. Through their programs, Sagamore Rowing Association fosters a sense of community, promotes physical fitness, and contributes to the overall well-being of individuals in Oyster Bay, NY. Their dedication to providing quality rowing resources enhances the lives of those who participate in their programs, enriching the local community with a vibrant recreational outlet.
This information is meant to be a general summary of Sagamore Rowing Association 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $6,601
- Program Service Revenue: $38,824
- Gross Receipts: $46,025
Assets and Liabilities:
- Total Assets: $57,387
- Total Liabilities: $0
- Net Assets: $57,387
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PROGRAMS
Revenue
$38,824
Organization Details
Founding Year
1972
Phone
(516) 714-3247Principal Officer
Patrick Doyle
Main Address
PO BOX 248, OYSTER BAY, NY, 11771
NTEE Category
Code: N67 - Recreation
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