nonprofit logo

Brooklyn Boatworks Inc

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

EIN: 271509754 ✦ Brooklyn, NY ✦ Designated as a 501(c)(3)

Shop smarter and support your favorite cause at the same time! With the Give Freely browser extension, you'll automatically save money with coupons, and partner stores will donate to your chosen charity - at no extra cost to you. Start giving back with a single click. It's safe, free, and spam-free, guaranteed!

Overview

What is Brooklyn Boatworks Inc?

Brooklyn Boatworks Inc is a nonprofit organization situated in Brooklyn, New York, specifically at 20 Jay Street 824B. Their primary mission is to educate and inspire young individuals, primarily from 5th to 11th grade, through the art of boat building. Over the course of a school year, they oversee the construction of 12 Optimist Pram sailboats in seven different schools across New York City. By utilizing wooden materials and basic hand tools, students gain valuable skills in measurement, estimation, construction, and tool use. The program also incorporates subjects like local waterway geography, nautical chart reading, buoyancy, and the physics of sailing. Brooklyn Boatworks emphasizes teamwork, perseverance, craftsmanship, and experiential learning. At the end of the school year, students celebrate their achievements with a boat launch and regatta. During the summer, they offer a sailing education program on the Brooklyn Waterfront, utilizing the student-built sailboats. Overall, the organization promotes STEM and maritime-centered education, hands-on learning, and nurturing healthy social-emotional development.


Official website here: www.brooklynboatworks.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 96%, Four-Star out of Four Star Rating

Brooklyn Boatworks Inc has earned an impressive Four-Star rating from Charity Navigator, reflecting its strong performance in accountability and finance. The organization has achieved a remarkable score of 96%, showcasing a high level of financial health and integrity in its operations. Critical metrics such as the material diversion of assets, which is reported as none, contribute to its positive evaluation.

The nonprofit demonstrates excellent governance practices, with 100% independent board members and a comprehensive array of policies in place, including conflict of interest and whistleblower policies. The organization also has a solid financial management strategy, evidenced by a favorable liabilities to assets ratio of 13.26% and a program expense ratio of 71.61%, indicating that a significant portion of its funds is directed toward its programs.

While the data highlights Brooklyn Boatworks Inc's strengths, it is essential for potential donors and supporters to consider their specific interests and alignment with the organization's mission. Overall, the charity appears to be well-managed and committed to transparency and effective use of resources.


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

Is Brooklyn Boatworks Inc legitimate?

Brooklyn Boatworks Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Brooklyn Boatworks 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: $161,974
Professional Fundraising Fees: $83,265
Other Salaries and Wages: $331,673

For more financial information, click here


Official website here: www.brooklynboatworks.org

What is the mission statement of Brooklyn Boatworks Inc?

Brooklyn Boatworks Inc's mission is to inspire, encourage, and empower young people through the unique craft of wooden boatbuilding and on-water experiences. The organization achieves this by conducting boat building programs in schools and community organizations throughout the year, reinforcing learning with field trips and a student boat launch at the end of the school year. During the summer months, Brooklyn Boatworks provides a sailing education program, allowing students to sail in boats they have built themselves. The organization emphasizes cooperation, perseverance, craftsmanship, and experiential learning, promoting STEM and maritime-centered education, hands-on learning, and fostering healthy social-emotional development.


Official website here: www.brooklynboatworks.org

Who is the CEO of Brooklyn Boatworks Inc?

Maggie Mcnicholas is the Chair of Brooklyn Boatworks Inc.


Official website here: www.brooklynboatworks.org

What is the revenue of Brooklyn Boatworks Inc?

Brooklyn Boatworks Inc's revenue in 2023 was $896,051.


Official website here: www.brooklynboatworks.org

Who are the executives of Brooklyn Boatworks Inc and what are their salaries?

The average compensation at Brooklyn Boatworks Inc during 2023 was $15,924. There are 31 employees and 60 volunteers at Brooklyn Boatworks Inc.


Here are 16 key members and their salaries:


Joyce Goodman (Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Navin Jhamna (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jennifer Potter (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Peter Guy (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Stephan Forstmann (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Abigail Van Straaten (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Glen Middleton (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sean Young (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jeremy Wurmfeld (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bruce Kaminstein (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Raphael A Davis (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Carl Persak (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Malkie Schwartz (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Maria Francisca Mayobre (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Marjorie R Schulman (Executive Director (Through September))
  • Compensation: $93,926
  • Related: $0
  • Other: $16,967
Maggie Mcnicholas (Executive Director)
  • Compensation: $39,061
  • Related: $0
  • Other: $0


Official website here: www.brooklynboatworks.org

Where can I find the form 990 for Brooklyn Boatworks Inc?

Brooklyn Boatworks Inc's most recent form 990 was submitted in 2023 and can be accessed here.


Official website here: www.brooklynboatworks.org

Learn more at the official website: www.brooklynboatworks.org

Mission Statement of Brooklyn Boatworks Inc

Brooklyn Boatworks Inc, a nonprofit organization, aims to motivate and empower young individuals through the distinctive craft of wooden boatbuilding and water-based experiences. Their mission is to instill academic and life skills in these young people, providing them with a unique and enriching learning experience.

The heart of Brooklyn Boatworks Inc's mission lies in its boatbuilding programs, which are conducted in schools and community organizations across New York City throughout the school year. Through these programs, students engage in building 7'6" Optimist pram sailboats using wooden materials and basic hand tools. This process not only teaches them essential construction and tool skills but also involves the application of measurement and estimation, local waterway geography, nautical chart reading, buoyancy, and the physics of sailing.

The emphasis of Brooklyn Boatworks Inc is not just on the technical aspects of boatbuilding but also on cooperation, perseverance, craftsmanship, and experiential learning. To culminate the school year, students celebrate their achievements with a grand boat launch and regatta, showcasing their hard work and team spirit. In addition to these activities, Brooklyn Boatworks Inc offers field trips and a sailing camp, ensuring a holistic and engaging learning experience for the young participants.

In essence, Brooklyn Boatworks Inc strives to foster a love for learning and a sense of accomplishment in young people through the unique process of wooden boatbuilding and water-based activities. By promoting STEM and maritime-centered education, hands-on learning, and nurturing healthy social-emotional development, the organization aims to equip these young individuals with the skills and confidence they need to succeed in life.

Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!

Impact




October, 2024

Brooklyn Boatworks Inc has a transformative impact on young people through the unique medium of boat building and maritime education. By engaging students from 5th to 11th grades, the organization provides hands-on learning experiences that instill both academic and life skills. Participants collaborate in building 7'6" Optimist Pram sailboats, acquiring essential skills in construction, measurement, and tool usage while also gaining insights into local waterways and nautical navigation.

The curriculum emphasizes cooperation, perseverance, craftsmanship, and experiential learning, shaping students' character and teamwork abilities. The culmination of these efforts is celebrated through a boat launch and regatta, marking not only the completion of their projects but also instilling a sense of accomplishment and community among peers.

In addition to boat building, Brooklyn Boatworks fosters social-emotional development through a variety of activities and field trips, unleashing the potential of youth by nurturing their interests in STEM and maritime studies. This multifaceted approach empowers young individuals, inspiring them to thrive academically and socially while deepening their connection to the waters of Brooklyn. Overall, Brooklyn Boatworks Inc plays a crucial role in shaping the next generation by providing them with the skills and confidence needed to navigate their futures.




This information is meant to be a general summary of Brooklyn Boatworks 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.

Revenue
$896,051 (2023)
Expenses
$813,181 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $15
  • Program Service Revenue: $127,467
  • Gross Receipts: $922,045

Assets and Liabilities:

  • Total Assets: $433,312
  • Total Liabilities: $57,474
  • Net Assets: $375,838

Want to help this charity, for free? You can click here to learn more about Give Freely

Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

BOAT BUILDING

Revenue

$121,867

SAILING

Revenue

$5,600

Organization Details

Founding Year

2009

Principal Officer

Maggie Mcnicholas

Main Address

20 JAY STREET 824B, BROOKLYN, NY, 11201

NTEE Category

Code: B80 - Education

If you are a representative of Brooklyn Boatworks Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.