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Starboard Foundation Inc

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

EIN: 455266608 ✦ Fort worth, TX ✦ Designated as a 501(c)(3)

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Overview

What is Starboard Foundation Inc?

Starboard Foundation Inc, situated in Fort Worth, Texas, is a nonprofit organization dedicated to fostering education and conservation. Their primary focus lies in the development of a new clubhouse on Eagle Mountain Lake. Beyond this, Starboard Foundation Inc also promotes recreation and leisure activities related to the lake, aiming to contribute positively to the local community. The organization's mission reflects its commitment to enhancing the area's environment and providing enjoyable experiences for its residents.

Is Starboard Foundation Inc legitimate?

Starboard Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Starboard Foundation 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here

What is the mission statement of Starboard Foundation Inc?

The Starboard Foundation Inc has a mission to encourage education and recreational activities, specifically focusing on Eagle Mountain Lake. Their mission is geared towards promoting understanding and conservation related to this lake. The organization also seeks to construct a new clubhouse, furthering its goals of fostering educational and recreational experiences.

Who is the CEO of Starboard Foundation Inc?

Blaine Farless is the Board Member of Starboard Foundation Inc.

What is the revenue of Starboard Foundation Inc?

Starboard Foundation Inc's revenue in 2022 was $274,234.

Who are the executives of Starboard Foundation Inc and what are their salaries?


Here are 5 key members and their salaries:


Reese Hillard (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rob Karov (Member At Large)
  • Compensation: $0
  • Related: $0
  • Other: $0
Thomas Felsenthal (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Richard Edgecomb (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Blaine Farless (Treasure)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Starboard Foundation Inc?

Starboard Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Starboard Foundation Inc

Starboard Foundation Inc, a nonprofit organization, is committed to promoting education and recreation in relation to Eagle Mountain Lake. Their mission is to foster an appreciation and understanding of the lake's environment and encourage its responsible use. This is achieved through various initiatives, including the construction of a new clubhouse, which serves as a hub for educational programs and recreational activities. The foundation's primary goal is to engage the community in preserving and enjoying the natural beauty of Eagle Mountain Lake, thereby enhancing the overall quality of life for its residents.

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Impact




October, 2024

Starboard Foundation Inc significantly impacts the Fort Worth community by promoting education and recreation centered around Eagle Mountain Lake. Through its initiatives, the foundation fosters a greater understanding and appreciation of the lake's environment, which is crucial for conservation efforts.

One of its key projects includes the construction of a new clubhouse, which will serve as a central hub for community activities and educational programs. This facility aims to enhance recreational opportunities and encourage local engagement with the natural resources of Eagle Mountain Lake. By focusing on these areas, Starboard Foundation Inc not only enriches the lives of individuals in Fort Worth but also contributes to the sustainable management and enjoyment of the lake for future generations.




This information is meant to be a general summary of Starboard Foundation 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
$274,234 (2022)
Expenses
$425 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $737
  • Gross Receipts: $291,835

Assets and Liabilities:

  • Total Assets: $140,458
  • Total Liabilities: $0
  • Net Assets: $140,458

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Organization Details

Founding Year

2015

Principal Officer

Blaine Farless

Main Address

37 Harbour Point Circle, Fort Worth, TX, 76179

NTEE Category

Code: N67 - Recreation

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