Overview
What is Judd Goldman Adaptive Sailing Foundation?
The Judd Goldman Adaptive Sailing Foundation, located at 623 W Lake Street 150, Chicago, IL 60661, is a nonprofit organization dedicated to providing sailing instruction for individuals with physical disabilities. Their primary mission is to offer both classroom and on-water instruction, ensuring an inclusive sailing experience. The foundation works in partnership with the Chicago Park District, where it raises funds for instructor salaries, boat purchases, and maintenance expenses, while the park district manages the day-to-day operations of the program. The foundation's expenditures include boat repairs and maintenance, with a reported depreciation of $40,983.
Official website here: www.juddgoldmansailing.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 77% (Three-Star out of Four Star rating)
The Judd Goldman Adaptive Sailing Foundation has received a Three-Star rating from Charity Navigator, reflecting a score of 77% that emphasizes strong accountability and financial practices. The foundation excels in governance, demonstrated by its fully independent board of directors and robust oversight mechanisms, such as an audit committee and well-defined policies for conflict of interest and whistleblower protections.
Financially, the foundation has a solid liabilities to assets ratio of 0.00%, indicating it is not burdened by debt. However, its program expense ratio stands at 55.10%, which suggests that while a significant portion of its budget is allocated to its programs, there may be room for improvement in maximizing the funds directly benefiting its mission.
Overall, the Judd Goldman Adaptive Sailing Foundation showcases commendable governance and accountability practices, making it a trustworthy organization. However, the relatively moderate program expense ratio highlights a potential area for enhancement in ensuring that a larger proportion of its resources directly impact its adaptive sailing initiatives.
This AI summary has been generated from information found on Charity Navigator.
Is Judd Goldman Adaptive Sailing Foundation legitimate?
Judd Goldman Adaptive Sailing Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Judd Goldman Adaptive Sailing 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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Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.juddgoldmansailing.org
What is the mission statement of Judd Goldman Adaptive Sailing Foundation?
The Judd Goldman Adaptive Sailing Foundation's primary objective is to offer both classroom and on-water sailing instruction for individuals with physical disabilities. The foundation has formed a partnership with a local entity, such as a park district, where it raises funds for instructor salaries, boat maintenance, and other related expenses. In return, the operating entity, like the park district, manages the program on a daily basis, allowing physically disabled individuals to participate in sailing lessons and activities. The foundation's mission is to empower these individuals through sailing, fostering a sense of independence, and promoting a sense of community and camaraderie.
Official website here: www.juddgoldmansailing.org
Who is the CEO of Judd Goldman Adaptive Sailing Foundation?
Peter D Goldman is the President of Judd Goldman Adaptive Sailing Foundation.
Official website here: www.juddgoldmansailing.org
What is the revenue of Judd Goldman Adaptive Sailing Foundation?
Judd Goldman Adaptive Sailing Foundation's revenue in 2022 was $575,119.
Official website here: www.juddgoldmansailing.org
Who are the executives of Judd Goldman Adaptive Sailing Foundation and what are their salaries?
There 65 volunteers at Judd Goldman Adaptive Sailing Foundation.
Here are 13 key members and their salaries:
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Official website here: www.juddgoldmansailing.org
Where can I find the form 990 for Judd Goldman Adaptive Sailing Foundation?
Judd Goldman Adaptive Sailing Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.juddgoldmansailing.org
Learn more at the official website: www.juddgoldmansailing.org
Mission Statement of Judd Goldman Adaptive Sailing Foundation
The Judd Goldman Adaptive Sailing Foundation is committed to providing sailing instruction for individuals with physical disabilities. This nonprofit organization operates in a collaborative partnership with the Chicago Park District, contributing to the funding of instructor salaries, boat acquisitions, and maintenance costs. While the Park District manages the day-to-day operations of the program, the foundation's primary focus is to offer both classroom and on-water sailing instruction for the physically disabled, promoting their active participation in sailing activities. By doing so, the Judd Goldman Adaptive Sailing Foundation aims to foster inclusivity and empowerment within the sailing community, ensuring that individuals with physical disabilities have the opportunity to enjoy this water-based activity.
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Impact
July, 2024
The Judd Goldman Adaptive Sailing Foundation provides classroom and on-water sailing instruction for the physically disabled in Chicago, Illinois. Through partnerships with the Chicago Park District, the foundation raises funds for instructor salaries, boats, and maintenance costs to operate the program. This empowers individuals with physical disabilities to learn and engage in the sport of sailing, promoting recreation, skill-building, and community inclusion.
This information is meant to be a general summary of Judd Goldman Adaptive Sailing 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: $144,869
- Program Service Revenue: $15,947
- Gross Receipts: $1,204,565
Assets and Liabilities:
- Total Assets: $2,803,696
- Total Liabilities: $0
- Net Assets: $2,803,696
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
SAILING INSTRUCTION
Revenue
$15,947
Organization Details
Founding Year
1991
Phone
(312) 644-3200Principal Officer
Peter D Goldman
Main Address
623 W LAKE STREET 150, CHICAGO, IL, 60661
Website
www.juddgoldmansailing.orgNTEE Category
Code: N6XZ - Recreation
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