Overview
What is Skiff Sailing Foundation?
The Skiff Sailing Foundation, situated in Albany, California, is a nonprofit organization. Its primary mission is to foster and encourage performance sailing. They achieve this goal by offering programs and financing, thereby enabling individuals and teams to participate in both national and international sailing competitions. The foundation's ultimate aim is to promote public access to sailing, with a focus on supporting high-level sailing events on a broader scale.
Official website here: www.skiffsailing.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 66% (Two-Star out of Four Star rating)
The Skiff Sailing Foundation has received a Two-Star rating from Charity Navigator, indicating a score of 66%. This rating reflects the foundation's performance in areas of accountability and finance, suggesting that while there are strengths, there are also notable weaknesses in governance and financial transparency. The foundation has achieved high scores in aspects such as material diversion of assets and program expense ratio, indicating effective use of funds in their programs.
However, the organization has significant areas for improvement, particularly in board independence and financial documentation. The lack of independent board members and a small board size points to potential governance issues. Additionally, the foundation did not post its financial statements on its website, which raises concerns about transparency and accessibility of financial information to stakeholders.
Despite these challenges, the Skiff Sailing Foundation has implemented policies such as conflict of interest and whistleblower protections, which are important for maintaining ethical standards. Moving forward, enhancing board independence and improving financial transparency could help increase their rating and bolster public trust.
This AI summary has been generated from information found on Charity Navigator.
Is Skiff Sailing Foundation legitimate?
Skiff Sailing Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Skiff 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.
Heare are some key statistics you may want to consider:
Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.skiffsailing.org
What is the mission statement of Skiff Sailing Foundation?
The Skiff Sailing Foundation's mission is centered around promoting sailing activities, with a focus on making it accessible to the public. Their primary objective is to stimulate national and international sailing competitions. To achieve this, they offer programs and financial aid, thereby enabling individuals and teams to participate in these events at a national and international level. In essence, the foundation plays a significant role in fostering a competitive sailing environment and making it available to a wide range of participants.
Official website here: www.skiffsailing.org
What is the revenue of Skiff Sailing Foundation?
Skiff Sailing Foundation's revenue in 2023 was $189,430.
Official website here: www.skiffsailing.org
Who are the executives of Skiff Sailing Foundation and what are their salaries?
There is 1 key member and their salary:
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.skiffsailing.org
Where can I find the form 990 for Skiff Sailing Foundation?
Skiff Sailing Foundation's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.skiffsailing.org
Learn more at the official website: www.skiffsailing.org
Mission Statement of Skiff Sailing Foundation
The Skiff Sailing Foundation, a dedicated organization, is committed to three primary objectives. Firstly, it aims to promote sailing as a public activity, making it accessible to a wide audience. Secondly, the foundation focuses on fostering national and international sailing competitions, encouraging participation and skill development among sailors. Lastly, the Skiff Sailing Foundation offers support and funding to individuals and teams, enabling their attendance at these prestigious sailing events. By doing so, it contributes to the growth and advancement of sailing as a competitive sport on both a national and international scale.
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Impact
July, 2024
The Skiff Sailing Foundation has made a significant impact on the world of performance sailing. By providing programs and funding that enable individuals and teams to participate in national and international sailing events, the foundation has helped to promote the sport and support athletes in their pursuit of excellence. Their mission to provide public access to sailing and promote competition at the highest levels has contributed to the growth and development of the sailing community both locally and globally.
This information is meant to be a general summary of Skiff 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 2023.
- Gross Receipts: $612,748
Assets and Liabilities:
- Total Assets: $3,382,701
- Total Liabilities: $0
- Net Assets: $3,382,701
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Organization Details
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