Overview
What is Sturgeon Bay Yacht Club Sail Training Foundation?
The Sturgeon Bay Yacht Club Sail Training Foundation is a nonprofit organization situated in Sturgeon Bay, Wisconsin. Their primary focus is to educate community members on sailing and water safety. This includes maintaining watercraft and related equipment, as well as engaging in various lawful activities that support and promote the interest of individuals in watercraft and water safety. The foundation's mission encompasses training individuals in all aspects of boating and water safety, which is a crucial aspect of their work.
Official website here: www.sailtrainingfoundation.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 97%, Four-Star out of Four Star rating.
The Sturgeon Bay Yacht Club Sail Training Foundation has achieved an impressive Four-Star rating from Charity Navigator, reflecting its strong accountability and financial health. The overall score is based entirely on a beacon score focusing on various aspects of governance and financial practices. With a perfect score in areas such as independent board composition and a low liabilities-to-assets ratio, the organization demonstrates a robust commitment to ethical management and transparency.
The foundation boasts 100% independent board members, ensuring that decision-making is free from conflicts of interest. Additionally, it has established comprehensive policies, including those for whistleblower protection and document retention, which further enhance its credibility. The organization's program expense ratio of 87.69% indicates that a significant majority of its resources are directed towards its programming, which is a positive sign of effective fund utilization.
While the foundation's financial metrics are strong, the summary does not provide information on the impact of its programs or community feedback. Further insights into the effectiveness of its sail training initiatives could provide a more holistic view of the organization's overall performance. Nonetheless, the solid financial standing and governance practices suggest a trustworthy nonprofit.
This AI summary has been generated from information found on Charity Navigator.
Is Sturgeon Bay Yacht Club Sail Training Foundation legitimate?
Sturgeon Bay Yacht Club Sail Training Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Sturgeon Bay Yacht Club Sail Training Foundation 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.
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For more financial information, click here
Official website here: www.sailtrainingfoundation.com
What is the mission statement of Sturgeon Bay Yacht Club Sail Training Foundation?
The Sturgeon Bay Yacht Club Sail Training Foundation's mission is centered around educating individuals in various aspects of boating and water safety. They also hold title to and maintain watercraft and related equipment. Furthermore, the foundation engages in various lawful activities that directly or indirectly promote interest in watercraft and water safety, expanding beyond just training and watercraft maintenance.
Official website here: www.sailtrainingfoundation.com
Who is the CEO of Sturgeon Bay Yacht Club Sail Training Foundation?
Amy Wagner is the Commodore of Sturgeon Bay Yacht Club Sail Training Foundation.
Official website here: www.sailtrainingfoundation.com
What is the revenue of Sturgeon Bay Yacht Club Sail Training Foundation?
Sturgeon Bay Yacht Club Sail Training Foundation's revenue in 2022 was $77,181.
Official website here: www.sailtrainingfoundation.com
Who are the executives of Sturgeon Bay Yacht Club Sail Training Foundation and what are their salaries?
There 15 volunteers at Sturgeon Bay Yacht Club Sail Training Foundation.
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Official website here: www.sailtrainingfoundation.com
Where can I find the form 990 for Sturgeon Bay Yacht Club Sail Training Foundation?
Sturgeon Bay Yacht Club Sail Training Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.sailtrainingfoundation.com
Learn more at the official website: www.sailtrainingfoundation.com
Mission Statement of Sturgeon Bay Yacht Club Sail Training Foundation
The Sturgeon Bay Yacht Club Sail Training Foundation is dedicated to fulfilling several key objectives. Primarily, it aims to educate individuals in various aspects of boating and water safety. This encompasses not only the practical skills required for navigating watercraft but also essential knowledge about water safety.
Beyond education, the foundation also maintains ownership and takes care of watercraft and related equipment. This ensures that the necessary tools are always available for training purposes. Furthermore, the foundation engages in a wide range of lawful activities that directly or indirectly contribute to promoting interest in watercraft and water safety. This could involve organizing events, conducting research, or collaborating with other organizations with similar goals. In essence, the Sturgeon Bay Yacht Club Sail Training Foundation is committed to fostering a love for the water and promoting safety among those who share this passion.
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Impact
August, 2024
The impact of Sturgeon Bay Yacht Club Sail Training Foundation is evident in the lives of individuals who have received sailing and safety instructions through their programs. By training people in all aspects of boating and water safety, the foundation plays a crucial role in promoting watercraft and water safety awareness within the community. This training not only equips individuals with valuable skills but also contributes to a culture of responsible boating practices. Overall, the foundation's efforts have a direct and positive impact on fostering a safer and more knowledgeable boating community.
This information is meant to be a general summary of Sturgeon Bay Yacht Club Sail Training Foundation. 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.
- Program Service Revenue: $24,983
- Gross Receipts: $99,508
Assets and Liabilities:
- Total Assets: $298,308
- Total Liabilities: $20,480
- Net Assets: $277,828
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
4010 CLASS REGISTRATION
Revenue
$25,283
4900 REGISTRATION REFUNDS
Revenue
-$300
Organization Details
Founding Year
1968
Phone
(920) 743-6934Principal Officer
Amy Wagner
Main Address
600 NAUTICAL DR, STURGEON BAY, WI, 54235
NTEE Category
Code: N67 - Recreation
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