Overview
What is Atlantic Challenge Foundation Inc?
Atlantic Challenge Foundation Inc, doing business as The Apprenticeship, is a nonprofit organization situated in Rockland, Maine. Their primary focus is on providing hands-on, experiential education through traditional boat building and sailing. The Apprenticeship program, which is the cornerstone of their activities, encourages individuals to overcome challenges within a supportive community, fostering resilience, self-confidence, and resourcefulness. The program offers apprenticeships of varying durations, including 12 weeks, 9 months, and 2 years, with weekly seamanship practice and two annual week-long expeditions. Additionally, they offer short workshops for adults interested in boatbuilding skills. The Apprenticeship's mission is to cultivate thinkers, makers, and doers, preparing individuals to navigate an ever-changing world. The organization employs a team of 21 individuals.
Official website here: www.apprenticeshop.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 81%, Three-Star out of Four Star rating. This rating reflects the Atlantic Challenge Foundation's commitment to accountability and finance, with a perfect score in several governance aspects, including having a majority of independent board members and no material diversion of assets. The organization demonstrates a strong financial health record, with a liabilities to assets ratio of 39.26% and a program expense ratio of 70.94%, indicating effective use of funds towards its mission.
User feedback highlights the organization's valuable contributions to the community in rural Midcoast Maine, where it provides sailing and boat-building opportunities for both youth and adults. Participants can access various program formats, including workshops and intensive courses, with scholarships available to ensure inclusivity. The fusion of sailing with arts institutions enhances the program's appeal, fostering a diverse and enriching environment.
While the positive reviews emphasize the strong impact and community engagement of the Atlantic Challenge Foundation, there is no mention of any notable limitations or concerns. Overall, the organization appears to be well-rated in terms of financial management and community service, making it a worthy consideration for potential supporters.
This AI summary has been generated from information found on Charity Navigator and Great Nonprofits.
Is Atlantic Challenge Foundation Inc legitimate?
Atlantic Challenge Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Atlantic Challenge 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: $64,792
Professional Fundraising Fees: $0
Other Salaries and Wages: $307,604
For more financial information, click here
Official website here: www.apprenticeshop.org
What is the mission statement of Atlantic Challenge Foundation Inc?
The Atlantic Challenge Foundation Inc, operating under the name The Apprenticeship, fosters a community that nurtures critical thinking, hands-on skills, and self-reliance through traditional boat building and seamanship. This organization aims to equip individuals with the ability to navigate life's challenges, cultivating resilience, self-confidence, and resourcefulness. The Apprenticeship program is centered around experiential learning, where participants build and sail boats, with weekly seamanship practice and two annual expeditions. Apprenticeships can last for 12 weeks, 9 months, or 2 years, and the organization also offers brief workshops in boatbuilding-related skills for adults.
Official website here: www.apprenticeshop.org
Who is the CEO of Atlantic Challenge Foundation Inc?
Steve Anderson is the Director of Atlantic Challenge Foundation Inc.
Official website here: www.apprenticeshop.org
What is the revenue of Atlantic Challenge Foundation Inc?
Atlantic Challenge Foundation Inc's revenue in 2022 was $682,608.
Official website here: www.apprenticeshop.org
Who are the executives of Atlantic Challenge Foundation Inc and what are their salaries?
The average compensation at Atlantic Challenge Foundation Inc during 2022 was $17,733. There are 21 employees and 30 volunteers at Atlantic Challenge Foundation Inc.
Here are 14 key members and their salaries:
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Official website here: www.apprenticeshop.org
Where can I find the form 990 for Atlantic Challenge Foundation Inc?
Atlantic Challenge Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.apprenticeshop.org
Learn more at the official website: www.apprenticeshop.org
Mission Statement of Atlantic Challenge Foundation Inc
Atlantic Challenge Foundation Inc dba The Apprenticeshop is a community that fosters critical thinkers, creative craftsmen, and self-reliant individuals through the traditional art of boat building and sailing. By immersing individuals in hands-on experiential learning, The Apprenticeship program encourages personal growth and resilience. The Apprenticeshop's mission is to empower individuals to navigate the ever-changing world with confidence, resourcefulness, and a strong sense of community. The boat-building process serves as a curriculum, offering apprentices the opportunity to learn, challenge themselves, and develop essential skills in a supportive environment. The program includes weekly seamanship practice and two annual expeditions, with apprenticeship options ranging from 12 weeks to two years. The Apprenticeship program at The Apprenticeshop equips individuals with the tools necessary to navigate life's challenges, fostering a sense of self-reliance and personal growth.
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Impact
July, 2024
The Apprenticeshop, part of the Atlantic Challenge Foundation Inc, is making a significant impact by cultivating thinkers, makers, and doers through traditional boat building and seamanship. Through their hands-on apprentice program, individuals are able to build resilience, self-confidence, and resourcefulness while honing practical skills. By navigating challenges within a supportive community, participants gain a deep understanding of their capabilities and develop a sense of empowerment. This unique approach to experiential education not only equips individuals with practical knowledge but also prepares them to navigate an ever-changing world with confidence and skill. The Apprenticeshop's impact extends beyond its local community in ROCKLAND, ME, reaching an international audience who are drawn to its innovative and transformative programs.
This information is meant to be a general summary of Atlantic Challenge 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 2022.
- Investment Income: $8,069
- Program Service Revenue: $222,218
- Gross Receipts: $799,628
Assets and Liabilities:
- Total Assets: $815,188
- Total Liabilities: $320,084
- Net Assets: $495,104
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
JR. APPRENTICESHIP
Revenue
$24,404
SAILING TUITION
Revenue
$81,143
SHOP TUITION
Revenue
$116,671
Organization Details
Founding Year
1991
Phone
(207) 594-1800Principal Officer
Steve Anderson
Main Address
655 MAIN STREET, ROCKLAND, ME, 04841
Website
www.apprenticeshop.orgNTEE Category
Code: Q21Z - International
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