Overview
What is Watch Hill Yacht Club Sailing Association?
The Watch Hill Yacht Club Sailing Association, based in Westerly, Rhode Island, serves as a nonprofit organization with a primary aim to promote sailing among young and amateur sailors from the local community. They achieve this by offering equipment and instruction, helping these individuals not only learn to sail but also develop self-confidence, a drive to succeed, and strong leadership skills. The association also supports various charitable and educational activities related to sailing competitions and maritime education, extending their reach beyond local boundaries.
Official website here: www.whycsailingassociation.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 83%, Three-Star out of Four Star rating. This score reflects the organization's strong performance in Accountability & Finance, indicating a commitment to transparency and responsible financial management. The rating is based solely on this beacon score, which suggests that the organization has successfully maintained a solid financial standing.
The Watch Hill Yacht Club Sailing Association demonstrates effective oversight with 100% independent board members, ensuring that governance is free from conflicts of interest. The organization also shows high program expense efficiency, with 90.67% of expenses directed towards its programs, which indicates a strong focus on its mission. Furthermore, the absence of any material diversion of assets reinforces financial integrity.
However, there are notable areas for improvement, particularly regarding policies that are currently missing. The lack of a whistleblower policy and guidelines for document retention and destruction could pose risks to organizational accountability. Addressing these gaps would enhance overall governance and align the organization with best practices in nonprofit management.
This AI summary has been generated from information found on Charity Navigator.
Is Watch Hill Yacht Club Sailing Association legitimate?
Watch Hill Yacht Club Sailing Association is a legitimate nonprofit organization registered as a 501(c)(3) entity. Watch Hill Yacht Club Sailing Association 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.whycsailingassociation.org
What is the mission statement of Watch Hill Yacht Club Sailing Association?
The Watch Hill Yacht Club Sailing Association's mission is centered around promoting and enhancing sailing education and experiences for junior and amateur sailors from the local community of Westerly. Their vision is to provide these young sailors with the opportunity to enjoy the thrill of sailing, while simultaneously fostering self-confidence, a drive to succeed, and strong leadership skills. The organization also supports charitable and educational activities related to local, national, and international amateur sailing competitions and maritime education.
Official website here: www.whycsailingassociation.org
Who is the CEO of Watch Hill Yacht Club Sailing Association?
Deborah Bell is the President of Watch Hill Yacht Club Sailing Association.
Official website here: www.whycsailingassociation.org
What is the revenue of Watch Hill Yacht Club Sailing Association?
Watch Hill Yacht Club Sailing Association's revenue in 2022 was $7,308.
Official website here: www.whycsailingassociation.org
Who are the executives of Watch Hill Yacht Club Sailing Association and what are their salaries?
There 20 volunteers at Watch Hill Yacht Club Sailing Association.
Here are 9 key members and their salaries:
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Official website here: www.whycsailingassociation.org
Where can I find the form 990 for Watch Hill Yacht Club Sailing Association?
Watch Hill Yacht Club Sailing Association's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.whycsailingassociation.org
Learn more at the official website: www.whycsailingassociation.org
Mission Statement of Watch Hill Yacht Club Sailing Association
The Watch Hill Yacht Club Sailing Association, with a mission-driven approach, aims to nurture, reinforce, and expand the sailing education and experience for junior and amateur sailors hailing from Westerly and its surrounding communities. Their primary objective is to offer young sailors the chance to immerse themselves in the exhilarating world of sailing, equipping them with the necessary skills to navigate the seas while fostering self-confidence, ambition, and strong leadership qualities. The Sailing Association also supports charitable and educational initiatives that are directly associated with local, national, and international amateur sailing competitions and maritime education.
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Impact
August, 2024
The Watch Hill Yacht Club Sailing Association's impact is significant in fostering and expanding the sailing education and experience for junior and amateur sailors from Westerly and its surrounding communities. By providing young sailors with the opportunity to learn and develop sailing skills, the Association not only offers them the joy and thrill of sailing but also helps them build self-confidence, motivation to succeed, and strong leadership skills. Additionally, the Association supports charitable and educational activities related to local, national, and international amateur sailing competition and maritime education. This focus on youth development through sailing is essential in shaping the next generation of sailors and leaders in the community.
This information is meant to be a general summary of Watch Hill Yacht Club Sailing Association. 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: $630
- Gross Receipts: $7,308
Assets and Liabilities:
- Total Assets: $111,941
- Total Liabilities: $0
- Net Assets: $111,941
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Organization Details
Founding Year
2006
Phone
(401) 348-6222Principal Officer
Deborah Bell
Main Address
PO Box 2933, Westerly, RI, 02891
NTEE Category
Code: O50 - Youth development
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