Overview
What is Grosse Pointe Youth Nautical Education Foundation?
The Grosse Pointe Youth Nautical Education Foundation is a nonprofit organization situated in Grosse Pointe Woods, Michigan, specifically at 542 Saddle Lane. Its primary mission is to nurture and advocate for competitive nautical events within its region. This support is extended to the high school varsity sailing programs at both Grosse Pointe North and Grosse Pointe South Schools. Notably, the foundation sponsors the Mallory Championship, a regional high school sailing event, and the Junior Olympics Sailing Competition. Additionally, the foundation conducts educational activities to promote nautical education, boating safety, youth sporting competitions, and respect for waterways and the environment.
Official website here: www.gpynef.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 58%
The Grosse Pointe Youth Nautical Education Foundation has received a One-Star out of Four Star rating, reflecting significant concerns in accountability and finance. With an overall score of 58%, the organization lacks independent board members, which raises potential governance issues. However, it has a perfect score for material diversion of assets and a favorable liabilities to assets ratio, indicating a solid financial position.
Strengths of the organization include a high program expense ratio of 66.26%, suggesting that a substantial portion of its funds is directed toward its mission. Additionally, the organization has effective document retention policies and maintains accurate board meeting minutes, demonstrating some commitment to transparency and organization.
Nonetheless, the foundation faces several limitations, including the absence of a conflict of interest policy and a whistleblower policy, which could hinder accountability. Furthermore, the nonprofit has been noted for not posting its tax form on its website, which detracts from transparency efforts. Overall, while there are some positive aspects, the lack of independent oversight and essential governance policies raises concerns about the organization’s accountability practices.
This AI summary has been generated from information found on Charity Navigator.
Is Grosse Pointe Youth Nautical Education Foundation legitimate?
Grosse Pointe Youth Nautical Education Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Grosse Pointe Youth Nautical Education 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.gpynef.org
What is the mission statement of Grosse Pointe Youth Nautical Education Foundation?
The Grosse Pointe Youth Nautical Education Foundation is dedicated to carrying out educational activities that encourage and promote nautical education, boating safety, youth sporting competitions, and respect for waterways and the environment. Their primary goal is to foster and enhance these aspects, ensuring a safe and responsible approach towards water-related activities. The foundation supports and sponsors nautical competitive events in their region, primarily through donations to high school varsity sailing programs and by hosting events such as the Mallory Championship and the Junior Olympics Sailing Competition.
Official website here: www.gpynef.org
Who is the CEO of Grosse Pointe Youth Nautical Education Foundation?
John J Morrow Jr is the Vice-Preside of Grosse Pointe Youth Nautical Education Foundation.
Official website here: www.gpynef.org
What is the revenue of Grosse Pointe Youth Nautical Education Foundation?
Grosse Pointe Youth Nautical Education Foundation's revenue in 2022 was $72,748.
Official website here: www.gpynef.org
Who are the executives of Grosse Pointe Youth Nautical Education Foundation and what are their salaries?
Here are 10 key members and their salaries:
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Official website here: www.gpynef.org
Where can I find the form 990 for Grosse Pointe Youth Nautical Education Foundation?
Grosse Pointe Youth Nautical Education Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.gpynef.org
Learn more at the official website: www.gpynef.org
Mission Statement of Grosse Pointe Youth Nautical Education Foundation
The Grosse Pointe Youth Nautical Education Foundation is dedicated to conducting educational activities that foster and promote nautical education, boating and water safety, youth sporting competition, respect for waterways, and environmental conservation. Through its mission, the foundation supports and promotes nautical competitive events in the region, contributing financially to high school varsity sailing programs at both Grosse Pointe North and Grosse Pointe South schools. This support extends to sponsoring significant nautical events, such as the Mallory Championship, a regional high school sailing event hosted by Grosse Pointe North High School, and the Junior Olympics sailing competition. The foundation's commitment to nautical education and water safety aims to inspire young individuals and instill a deep respect for the marine environment.
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Impact
August, 2024
The Grosse Pointe Youth Nautical Education Foundation has had a significant impact on the Grosse Pointe community by conducting education activities that foster and promote nautical education, boating and water safety, youth sporting competition, and respect for waterways and the environment. Through donations to the high school varsity sailing programs at Grosse Pointe North and Grosse Pointe South schools, the foundation supports and promotes nautical competitive events in the region. This includes sponsoring the Mallory Championship, a regional high school sailing event hosted by Grosse Pointe North High School, and the Junior Olympics Sailing Competition. The foundation's efforts have helped instill important skills and values in the youth of Grosse Pointe, creating a safer and more environmentally-conscious community.
This information is meant to be a general summary of Grosse Pointe Youth Nautical Education 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.
- Investment Income: $11,512
- Gross Receipts: $438,231
Assets and Liabilities:
- Total Assets: $793,642
- Total Liabilities: $0
- Net Assets: $793,642
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Organization Details
Founding Year
2009
Phone
(586) 771-4350Principal Officer
John J Morrow Jr
Main Address
542 SADDLE LANE, GROSSE POINTE WOODS, MI, 48236
Website
www.gpynef.orgNTEE Category
Code: N67 - Recreation
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