Overview
What is Freedom Waters Foundation Inc?
Freedom Waters Foundation Inc, located in Naples, Florida, is a nonprofit organization dedicated to offering boating experiences and marine-related education to individuals with disabilities, veterans, and youth at risk. Established in various locations such as Naples, West Palm Beach, and Fort Lauderdale, they rely on in-kind donations of vessels, totaling $277,932 in 2022, to facilitate their mission. With a team of seven dedicated individuals, the foundation aims to provide an unforgettable experience on the water, promoting inclusion and personal growth for the beneficiaries.
Official website here: www.freedomwatersfoundation.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 61%, Two-Star out of Four Star rating.
Freedom Waters Foundation Inc displays commendable strengths, particularly in governance and community engagement. The organization boasts a high percentage of independent board members (92%) and scores well on accountability measures, including a perfect score for financial statements audit. Additionally, it excels in collecting and utilizing feedback from its constituents, scoring 100% in various feedback categories, which reflects a strong commitment to its community.
However, the organization has notable weaknesses that impact its overall rating. The program expense ratio is relatively low at 39.6%, indicating that a significant portion of its expenses may not be directed toward its core mission. Furthermore, the absence of its tax form on its website and a very low equity policies score suggest areas for improvement in transparency and equity strategy implementation. These limitations may affect potential donors' and stakeholders' perceptions of the nonprofit's operational effectiveness.
User reviews reflect a very positive experience with the Freedom Waters Foundation, highlighting the joy and relief it brings to individuals and families facing challenges, particularly children and veterans. Many reviewers describe their experiences as transformative, emphasizing the heartfelt dedication of the staff and volunteers. The organization's ability to create memorable experiences on the water is widely appreciated, serving as a vital source of enjoyment and respite for participants.
This AI summary has been generated from information found on Charity Navigator and Great Nonprofits.
What do the Facebook reviews say about Freedom Waters Foundation Inc?
98% of 41 reviewers on Facebook recommend Freedom Waters Foundation Inc. Here is a summary of their reviews:
Participants express high satisfaction with the organization's outings, particularly highlighting the enjoyable experiences provided on the water. Many describe wonderful days spent boating to islands and having quality picnic lunches, indicating that these activities are meaningful and well-organized. The staff and volunteers receive commendations for their professionalism and friendliness, further enhancing the overall experience for those involved.
The consistent praise demonstrates that Freedom Waters Foundation is successfully delivering on its promise to create memorable and joyful experiences for special kids. This positive sentiment reflects the organization's dedication to its mission and the impact it has on the community it serves.
This AI summary has been generated from reviews found on Facebook.
Is Freedom Waters Foundation Inc legitimate?
Freedom Waters Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Freedom Waters 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: $101,075
Professional Fundraising Fees: $0
Other Salaries and Wages: $214,835
For more financial information, click here
Official website here: www.freedomwatersfoundation.org
What is the mission statement of Freedom Waters Foundation Inc?
The Freedom Waters Foundation Inc's mission is centered around providing boating opportunities and marine-related education for individuals who are disabled, veterans, and youth at risk. The organization strives to make a positive impact by conducting various programs, including sailing and boating outings, specifically for cancer patients and survivors. To achieve its objectives, the foundation relies on in-kind donations of vessels, with a reported value of $277,932 in 2022. In essence, the Freedom Waters Foundation Inc seeks to enhance the lives of its beneficiaries through the joy of boating and the acquisition of marine-related knowledge.
Official website here: www.freedomwatersfoundation.org
What is the revenue of Freedom Waters Foundation Inc?
Freedom Waters Foundation Inc's revenue in 2023 was $601,094.
Official website here: www.freedomwatersfoundation.org
Who are the executives of Freedom Waters Foundation Inc and what are their salaries?
The average compensation at Freedom Waters Foundation Inc during 2023 was $105,303. There are 3 employees and 317 volunteers at Freedom Waters Foundation Inc.
Here are 12 key members and their salaries:
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Official website here: www.freedomwatersfoundation.org
Where can I find the form 990 for Freedom Waters Foundation Inc?
Freedom Waters Foundation Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.freedomwatersfoundation.org
Learn more at the official website: www.freedomwatersfoundation.org
Mission Statement of Freedom Waters Foundation Inc
Freedom Waters Foundation Inc, a nonprofit organization, is committed to providing boating opportunities and marine-related education for individuals who are disabled, veterans, and youth at risk. Their mission is to create an inclusive environment where these groups can enjoy the waters and learn about marine life, fostering personal growth and well-being. To achieve this objective, the foundation conducts accessible sailing programs in various locations, including Naples, West Palm Beach, and Fort Lauderdale, Florida. Furthermore, they organize boating and fishing outings for cancer patients and survivors, offering them a therapeutic escape and a chance to connect with nature. In order to carry out their mission, Freedom Waters Foundation relies on in-kind donations of vessels, with a significant contribution of $277,932 worth of boats in 2022.
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Impact
July, 2024
Freedom Waters Foundation Inc's impact is profound, as it provides invaluable boating opportunities and marine-related education for individuals with disabilities, veterans, and at-risk youth. Through its established accessible sailing programs in Naples, West Palm Beach, and Fort Lauderdale, the organization offers life-changing experiences on the water. Additionally, their boating and fishing outings for cancer patients and survivors demonstrate a commitment to enhancing the well-being of those facing health challenges. By relying on generous in-kind donations of vessels, totaling $277,932 in value in 2022, Freedom Waters Foundation Inc continues to fulfill its mission of making boating accessible and empowering for all.
This information is meant to be a general summary of Freedom Waters 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2023.
- Investment Income: $8,908
- Gross Receipts: $681,976
Assets and Liabilities:
- Total Assets: $533,588
- Total Liabilities: $0
- Net Assets: $533,588
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Organization Details
Founding Year
2006
Principal Officer
Debra S Frenkel
NTEE Category
Code: N67 - Recreation
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