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Skateistan

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 270729804 ✦ Seattle, WA ✦ Designated as a 501(c)(3)

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Overview

What is Skateistan?

Skateistan is a nonprofit organization based in Seattle, Washington, with a single employee. Their mission is to leverage skateboarding as a means to empower young individuals, fostering communication and understanding among various cultures worldwide. By engaging with vulnerable and underserved youth, Skateistan aims to build confidence, leadership, teamwork, and other essential life skills. Through safe recreational and educational facilities, the organization seeks to create opportunities for change and enable these youth to reach their potential.


Official website here: www.skateistan.org/us

What are the reviews and ratings of this charity?

Charity Navigator Rating: 73%, Two-Star out of Four Star rating. Skateistan has received a moderate rating, indicating that while they demonstrate some strengths in their governance structure, there are notable gaps in their financial transparency and policy adherence. The organization benefits from having a fully independent board and a solid program expense ratio, suggesting effective use of funds towards its mission.

Strengths highlighted in the rating include a complete independent board and a low liabilities-to-assets ratio, which reflects financial stability. Furthermore, Skateistan allocates all of its expenses to programs, showcasing a commitment to its core mission. However, the absence of a conflict of interest policy, whistleblower policy, and document retention guidelines raise concerns about governance practices and accountability.

Overall, while Skateistan shows promise in its mission-driven focus and structural integrity, the lack of key financial policies and documentation suggests a need for improvement in transparency and governance practices. Addressing these areas could enhance the organization's overall effectiveness and trustworthiness in the nonprofit sector.


This AI summary has been generated from information found on Charity Navigator.

Is Skateistan legitimate?

Skateistan is a legitimate nonprofit organization registered as a 501(c)(3) entity. Skateistan 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: $47,208

For more financial information, click here


Official website here: www.skateistan.org/us

What is the mission statement of Skateistan?

Skateistan's mission is centered around utilizing skateboarding as a means to empower youth worldwide, particularly vulnerable and underserved ones. The organization aims to foster international communication and understanding among different cultures. By engaging in this activity, Skateistan seeks to bolster the confidence, leadership, teamwork, and various life skills of its beneficiaries. Furthermore, it strives to provide safe recreational and educational facilities for these youths, thereby opening up opportunities for personal growth and change.


Official website here: www.skateistan.org/us

Who is the CEO of Skateistan?

Damon Thorley is the Treasurer of Skateistan.


Official website here: www.skateistan.org/us

What is the revenue of Skateistan?

Skateistan's revenue in 2022 was $542,132.


Official website here: www.skateistan.org/us

Who are the executives of Skateistan and what are their salaries?

The average compensation at Skateistan during 2022 was $47,208. There is 1 employee at Skateistan.


Here are 3 key members and their salaries:


Damon Thorley (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Vipe Desai (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brandon Gomez (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.skateistan.org/us

Where can I find the form 990 for Skateistan?

Skateistan's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.skateistan.org/us

Learn more at the official website: www.skateistan.org/us

Mission Statement of Skateistan

Skateistan, a nonprofit organization, utilizes skateboarding as a powerful tool to empower vulnerable and underserved youth worldwide. The mission of Skateistan is twofold: firstly, it aims to foster communication and understanding between local and international cultures. This is achieved by bridging the gap between different communities through skateboarding. Secondly, Skateistan focuses on building essential life skills such as confidence, leadership, teamwork, and resilience in these youth. By providing safe recreational and educational facilities, Skateistan strives to create new opportunities and the potential for change in the lives of these young individuals. In essence, Skateistan's mission is to empower youth, promote cultural exchange, and build a stronger, more resilient global community.

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Impact




July, 2024

Skateistan's impact lies in empowering youth to create new opportunities and drive change using skateboarding as a tool. The organization fosters communication and understanding among different cultures, enhances the confidence, leadership, teamwork, and life skills of vulnerable and underserved youth globally. By providing safe recreational and educational facilities, Skateistan enables young people to develop essential skills and unlock their potential for a brighter future.




This information is meant to be a general summary of Skateistan. 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.

Revenue
$542,132 (2022)
Expenses
$873,077 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $20
  • Gross Receipts: $542,132

Assets and Liabilities:

  • Total Assets: $1,022,393
  • Total Liabilities: $0
  • Net Assets: $1,022,393

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Organization Details

Founding Year

2009

Principal Officer

Damon Thorley

Main Address

516 N 68TH ST, SEATTLE, WA, 98103

NTEE Category

Code: Q30 - International

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