Overview
What is Sarasota Flotilla Inc?
Sarasota Flotilla Inc is a nonprofit organization situated in Sarasota, Florida, with an address at 5050 N TAMIAMI TRAIL. Their primary mission is to support the local Flotilla and the US Coast Guard Auxiliary (USCGA) 84 by providing funding for continuous education in boating safety. They generate revenue from their investments to cover expenses related to maintaining their facility and offer occasional grants to assist the USCGA 84 of Sarasota, Florida, in managing their operational costs. This nonprofit organization is dedicated to enriching the boating community in Sarasota and surrounding areas by promoting education and safety.
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement - Overall score: 73%, earning a Two-Star out of Four Star rating.
Sarasota Flotilla Inc has been rated as needing improvement, achieving a score of 73% primarily due to strong program expense management, with an impressive ratio of 93.94%. The organization boasts a fully independent board, indicating robust governance practices, with 100% of board members being independent and a substantial number of independent members overall.
However, the organization has several critical shortcomings in accountability and transparency. They lack essential policies such as conflict of interest, whistleblower, and document retention policies, which have contributed to a lower overall score. Additionally, their website is missing from tax forms, and they have not posted their tax documentation online, raising concerns about accessibility and communication with potential donors and stakeholders.
This AI summary has been generated from information found on Charity Navigator.
Is Sarasota Flotilla Inc legitimate?
Sarasota Flotilla Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Sarasota Flotilla 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:
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Professional Fundraising Fees: $0
Other Salaries and Wages: $0
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What is the mission statement of Sarasota Flotilla Inc?
Sarasota Flotilla Inc's mission is centered around supporting a local flotilla and the US Coast Guard Auxiliary 84 by providing adequate and continuing education to the boating community. This is achieved through raising funds, which are utilized to cover the expenses for maintaining a facility where boating instruction is provided to the local community in Sarasota and surrounding areas. Occasionally, the organization also provides grants to help cover operational expenses incurred by the US Coast Guard Auxiliary 84 in Sarasota, Florida. The main objective is to enhance the boating knowledge and skills of the community, ensuring safe and responsible boating practices.
Who is the CEO of Sarasota Flotilla Inc?
John Berry is the Director of Sarasota Flotilla Inc.
What is the revenue of Sarasota Flotilla Inc?
Sarasota Flotilla Inc's revenue in 2022 was $35,002.
Who are the executives of Sarasota Flotilla Inc and what are their salaries?
Here are 9 key members and their salaries:
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Where can I find the form 990 for Sarasota Flotilla Inc?
Sarasota Flotilla Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Sarasota Flotilla Inc
Sarasota Flotilla Inc is dedicated to supporting the local flotilla and the United States Coast Guard Auxiliary (USCGA) 84 by providing adequate and ongoing education to the boating community in Sarasota, Florida. The organization achieves this mission by leveraging revenues generated from its investments to cover the expenses associated with maintaining its facility, which is utilized for delivering boating instruction to the local community in Sarasota and surrounding areas. Additionally, Sarasota Flotilla Inc occasionally offers grants to help cover operational expenses incurred by USCGA 84 in Sarasota, Florida. The primary goal of this nonprofit is to contribute to the continuous learning and safety of the boating community in the region.
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Impact
August, 2024
Sarasota Flotilla Inc's impact is centered on providing essential support and funding to the local boating community in Sarasota, Florida. By offering resources and financial assistance, the organization ensures that the local flotilla and USCGA 84 can continue to provide necessary education and operational support to boaters in the area. This contribution plays a crucial role in maintaining a safe and knowledgeable boating community in Sarasota and its surrounding areas.
This information is meant to be a general summary of Sarasota Flotilla 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: $2
- Gross Receipts: $35,002
Assets and Liabilities:
- Total Assets: $23,596
- Total Liabilities: $0
- Net Assets: $23,596
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Organization Details
Founding Year
1999
Phone
(941) 260-8028Principal Officer
John Berry
Main Address
5050 N TAMIAMI TRAIL, SARASOTA, FL, 34234
NTEE Category
Code: N67 - Recreation
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