Overview
What is Treasure Island Sailing Center Foundation?
The Treasure Island Sailing Center Foundation, located in San Francisco, California, is a dedicated nonprofit organization. Their mission is to foster learning and personal growth through sailing, offering facilities, instruction, and water access to individuals from various socioeconomic backgrounds and skill levels, ranging from beginners to Olympians. In 2022, they provided 1,840 individuals with sailing opportunities, with a significant focus on youth, offering 21,603 hours of instruction to 1,506 young learners, 91% of whom received scholarships. The organization also collaborates with the San Francisco Unified Public Schools, providing a STEM program at no cost to 4th and some 5th graders, including transportation. With a team of 43 employees, the Treasure Island Sailing Center Foundation promotes vital skills such as water safety, responsibility, respect, communication, teamwork, leadership, and environmental appreciation through their programs.
Official website here: www.tisailing.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 92% (Four-Star out of Four Star rating)
Treasure Island Sailing Center Foundation has received a strong Four-Star rating from Charity Navigator, indicating a high level of accountability and financial health. The rating is based on a comprehensive assessment that focuses entirely on its Accountability & Finance score, which stands at 92%. This score reflects the organization’s commitment to transparency and effective financial management.
The foundation boasts an independent board with 80% of its members being independent, along with a robust financial oversight mechanism. It has excellent scores in areas such as financial statements, conflict of interest policies, and a whistleblower policy, ensuring that governance practices are well-established. The organization also maintains a strong program expense ratio, with 83.17% of its expenses directed towards programs, highlighting its focus on mission-driven activities.
While the organization demonstrates impressive financial health and governance practices, potential supporters may want to consider any additional qualitative factors not captured in the financial rating. Overall, the strong rating reflects a nonprofit that is financially stable and dedicated to upholding high standards in its operations.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about Treasure Island Sailing Center Foundation?
100% of 27 reviewers on Facebook recommend the Treasure Island Sailing Center Foundation. Here’s a summary of their insights:
Many users express a high level of satisfaction with the engaging experiences offered by the nonprofit. One review highlights a memorable day spent on the bay, praising staff members for being patient and accommodating, which indicates a supportive environment for participants.
Overall, the feedback reflects a strong belief that the organization successfully delivers enriching activities and fosters positive interactions, especially for special education students and their educators. The consistent recommendation rate suggests that the Treasure Island Sailing Center Foundation makes a meaningful impact in the community.
This AI summary has been generated from reviews found on Facebook.
Is Treasure Island Sailing Center Foundation legitimate?
Treasure Island Sailing Center Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Treasure Island Sailing Center 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.
Heare are some key statistics you may want to consider:
Executive Compensation: $66,053
Professional Fundraising Fees: $0
Other Salaries and Wages: $537,054
For more financial information, click here
Official website here: www.tisailing.org
What is the mission statement of Treasure Island Sailing Center Foundation?
The Treasure Island Sailing Center Foundation's mission is centered around providing opportunities for individuals to learn and develop through sailing. They achieve this by offering facilities, sailing instruction, and water access to people from diverse socioeconomic backgrounds, abilities, and skill levels, ranging from beginners to elite athletes. The center's activities foster positive, educational experiences, teaching essential life skills such as water safety, responsibility, respect, communication, teamwork, leadership, and environmental appreciation. The Treasure Island Sailing Center Foundation operates as a large-scale, multiuser sailing school, emphasizing community involvement and making its services accessible to all, regardless of financial capabilities.
Official website here: www.tisailing.org
Who is the CEO of Treasure Island Sailing Center Foundation?
Stuart Douglas Paine is the Ed/President (St. 4/22,Trans. 10/22) of Treasure Island Sailing Center Foundation.
Official website here: www.tisailing.org
What is the revenue of Treasure Island Sailing Center Foundation?
Treasure Island Sailing Center Foundation's revenue in 2022 was $916,574.
Official website here: www.tisailing.org
Who are the executives of Treasure Island Sailing Center Foundation and what are their salaries?
The average compensation at Treasure Island Sailing Center Foundation during 2022 was $14,026. There are 43 employees and 40 volunteers at Treasure Island Sailing Center Foundation.
Here are 6 key members and their salaries:
- Compensation: $0
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- Other: $0
- Compensation: $65,256
- Related: $0
- Other: $797
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.tisailing.org
Where can I find the form 990 for Treasure Island Sailing Center Foundation?
Treasure Island Sailing Center Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.tisailing.org
Learn more at the official website: www.tisailing.org
Mission Statement of Treasure Island Sailing Center Foundation
Treasure Island Sailing Center Foundation, in its mission, aims to provide opportunities for individuals to learn and develop personally through sailing. It achieves this by offering facilities, sailing instruction, and access to the water for people from various socioeconomic backgrounds, abilities, and skill levels, ranging from novices to Olympians. The center's activities foster positive experiences that nurture essential skills such as water safety, responsibility, respect, communication, teamwork, leadership, and environmental appreciation. Run by dedicated staff and volunteers, Treasure Island Sailing Center Foundation is a comprehensive sailing school on San Francisco Bay that values community involvement. It prioritizes making its services available to all, irrespective of financial capabilities.
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Impact
October, 2024
Treasure Island Sailing Center Foundation significantly enriches the lives of individuals in the San Francisco Bay Area by creating inclusive opportunities for sailing education and recreation. In a recent year, they provided over 28,000 hours of sailing experiences to 1,840 youths and adults of all abilities and socioeconomic backgrounds. A remarkable 91% of youth beneficiaries received scholarships, demonstrating a strong commitment to ensuring that financial barriers do not prevent anyone from engaging in sailing.
The center primarily serves youth, offering 1506 young people an impressive 21,603 hours of sailing instruction. Beyond sailing skills, participants learn crucial life skills such as water safety, responsibility, teamwork, leadership, and environmental appreciation.
Additionally, the foundation extends its impact through STEM programs, with over 1,075 students from the San Francisco Unified Public School system participating at no cost, including transportation. This holistic approach fosters personal growth, community involvement, and access to the transformative power of sailing for individuals of all backgrounds.
This information is meant to be a general summary of Treasure Island Sailing Center 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: $68,787
- Program Service Revenue: $155,644
- Gross Receipts: $916,574
Assets and Liabilities:
- Total Assets: $3,736,644
- Total Liabilities: $39,353
- Net Assets: $3,697,291
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Program fees
Revenue
$143,044
Sailing rental fees
Revenue
$12,175
Merchandise sales
Revenue
$425
Organization Details
Founding Year
1998
Phone
(415) 421-2225Principal Officer
Stuart Douglas Paine
Main Address
698 California Avenue 112, San Francisco, CA, 94130
Website
www.tisailing.orgNTEE Category
Code: N70 - Recreation
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