Overview
What is American Sailing Institute?
The American Sailing Institute, situated in Auburn Hills, Michigan, functions as a nonprofit organization dedicated to sailing instruction. Their primary aim is to impart sailing skills to its members, serving as a nurturing ground for both novices and seasoned enthusiasts. The institute's commitment to sailing extends beyond teaching techniques, ensuring that its participants gain extensive knowledge and develop a deep appreciation for the art of sailing. While the information provided does not specify the scope of their reach or any additional programs or services, it is clear that the American Sailing Institute is dedicated to promoting sailing through instruction.
Official website here: www.sailasi.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 56% (One-Star out of Four Stars)
The American Sailing Institute has received a low rating of 56%, indicating significant concerns regarding its accountability and financial practices. The organization has not demonstrated a majority of independent board members, which raises questions about its governance. The lack of key policies, such as those related to conflict of interest, whistleblower protection, and document retention, further contributes to its low score.
Despite these governance issues, the American Sailing Institute appears to manage its resources effectively, with a program expense ratio of 97.93%. This suggests that the vast majority of its funds are directed towards its programs rather than administrative costs. However, the absence of transparency in its oversight practices could undermine the public's trust in the organization.
Additionally, while the organization has posted its board meeting minutes and has reported no material diversion of assets, its missing tax form on the website and other policy shortcomings undercut its credibility. Without improvements in governance and transparency, it may struggle to gain the confidence of potential donors and supporters.
This AI summary has been generated from information found on Charity Navigator.
Is American Sailing Institute legitimate?
American Sailing Institute is a legitimate nonprofit organization registered as a 501(c)(3) entity. American Sailing Institute 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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Official website here: www.sailasi.org
What is the mission statement of American Sailing Institute?
The American Sailing Institute, functioning as a sailing institution, is dedicated to providing sailing instruction. Its primary objective is to educate individuals in the art of sailing. This organization is committed to fostering sailing skills and knowledge, promoting safe and enjoyable sailing experiences. It does not provide specific details about its operational location.
Official website here: www.sailasi.org
Who is the CEO of American Sailing Institute?
James Maceroni is the President of American Sailing Institute.
Official website here: www.sailasi.org
What is the revenue of American Sailing Institute?
American Sailing Institute's revenue in 2022 was $46,427.
Official website here: www.sailasi.org
Who are the executives of American Sailing Institute and what are their salaries?
Here are 10 key members and their salaries:
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Official website here: www.sailasi.org
Where can I find the form 990 for American Sailing Institute?
American Sailing Institute's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.sailasi.org
Learn more at the official website: www.sailasi.org
Mission Statement of American Sailing Institute
The American Sailing Institute, serving as a swim league or club, is dedicated to the mission of providing sailing instruction. This nonprofit organization focuses on teaching individuals the art of sailing, offering a comprehensive learning experience that empowers participants with the necessary skills and knowledge to navigate the water safely and confidently. By prioritizing sailing instruction, the American Sailing Institute aims to foster a love for the sea and promote water safety, making sailing an accessible and enjoyable activity for all.
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Impact
August, 2024
The American Sailing Institute's impact lies in providing high-quality sailing instruction to individuals in the Auburn Hills, MI area. Through their dedication to teaching the art of sailing, they empower people to learn a new skill, develop confidence on the water, and cultivate a love for the sport. By offering accessible and inclusive programs, the American Sailing Institute contributes to the community by promoting recreation and outdoor activity. Their mission to provide sailing instruction not only benefits individuals but also fosters a sense of community among sailing enthusiasts in the area.
This information is meant to be a general summary of American Sailing Institute. 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: $10,857
- Gross Receipts: $105,665
Assets and Liabilities:
- Total Assets: $194,935
- Total Liabilities: $983
- Net Assets: $193,952
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Organization Details
Founding Year
1992
Principal Officer
James Maceroni
Main Address
PO BOX 210250, AUBURN HILLS, MI, 48321
Website
www.sailasi.orgNTEE Category
Code: N67Z - Recreation
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