Overview
What is Peninsula Youth Sailing Foundation?
The Peninsula Youth Sailing Foundation, located in Woodside, California, is a dedicated nonprofit organization that supports amateur youth sailing. Their mission is to accommodate sailors of various skill levels and backgrounds by offering sailing instruction and using their facilities. The foundation provides after-school and weekend coaching sessions for young individuals aged 8 to 18, allowing them to learn basic sailing instructions and safety measures. As sailors progress, they have the opportunity to compete as part of a team in high school regattas across California. Furthermore, the Junior Racing program offers an opportunity for sailors to master sailing in Optimist, 420, and Laser sailboats and participate in regattas nationwide during the fall season. The foundation employs 16 individuals in its operations.
Official website here: www.pysf.us
What are the reviews and ratings of this charity?
Charity Navigator Rating: 79% (Three-Star out of Four Star rating)
The Peninsula Youth Sailing Foundation has received a Three-Star rating from Charity Navigator, indicating a reasonably solid performance in accountability and finance. The organization has a strong independent board, comprising 100% independent members, which contributes positively to its governance. Its financial statements are reviewed or compiled, showcasing transparency in its operations, and it has demonstrated responsible management of assets with no material diversions reported.
However, there are notable weaknesses in the governance practices. The organization lacks several important policies, including a conflict of interest policy, a whistleblower policy, and guidelines for document retention and destruction, which could impact its overall accountability. Additionally, the absence of the nonprofit's tax form on its website, as stated on Form 990, raises concerns about transparency in financial reporting.
Despite these limitations, the Peninsula Youth Sailing Foundation excels in its program expense ratio, which stands at an impressive 94.72%, indicating that a significant portion of its funds is directed towards its mission. Overall, while the organization shows strong financial health and governance structure, addressing its policy gaps would enhance its accountability and foster greater trust among stakeholders.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about Peninsula Youth Sailing Foundation?
98% of 12 reviewers on Facebook recommend the Peninsula Youth Sailing Foundation. Here is a summary of their reviews:
The foundation is praised as the primary destination for youth sailing in the peninsula, indicating a strong community presence and commitment to youth engagement in sailing activities. Reviewers express enthusiasm about its growth and potential, highlighting a positive trajectory for the organization’s future.
Overall, the sentiment reflects a high level of satisfaction with the foundation's offerings, suggesting that it effectively promotes youth sailing and is well-regarded within the community.
This AI summary has been generated from reviews found on Facebook.
Is Peninsula Youth Sailing Foundation legitimate?
Peninsula Youth Sailing Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Peninsula Youth 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: $373,790
For more financial information, click here
Official website here: www.pysf.us
What is the mission statement of Peninsula Youth Sailing Foundation?
The Peninsula Youth Sailing Foundation's mission is to support amateur youth sailing by offering instruction and facilities, catering to sailors of various skill levels and socioeconomic backgrounds. They provide sailing education and coaching after school and on weekends for youth aged 8-18. This enables them to sail in various sailboats, learn basic sailing instructions and safety, and progress to compete as part of a team in high school regattas across California. Furthermore, the Junior Racing program offers an opportunity for sailors to learn advanced sailing techniques in Optimist, 420, and Laser sailboats, and compete in regattas nationwide during the fall season, if they so choose.
Official website here: www.pysf.us
Who is the CEO of Peninsula Youth Sailing Foundation?
Molly Vandemoer is the Executive Di of Peninsula Youth Sailing Foundation.
Official website here: www.pysf.us
What is the revenue of Peninsula Youth Sailing Foundation?
Peninsula Youth Sailing Foundation's revenue in 2022 was $708,019.
Official website here: www.pysf.us
Who are the executives of Peninsula Youth Sailing Foundation and what are their salaries?
The average compensation at Peninsula Youth Sailing Foundation during 2022 was $23,362. There are 16 employees and 20 volunteers at Peninsula Youth Sailing Foundation.
Here are 2 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.pysf.us
Where can I find the form 990 for Peninsula Youth Sailing Foundation?
Peninsula Youth Sailing Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.pysf.us
Learn more at the official website: www.pysf.us
Mission Statement of Peninsula Youth Sailing Foundation
The Peninsula Youth Sailing Foundation's mission is centered around supporting amateur youth sailing. They accomplish this by offering instruction and facilities that cater to sailors of various skill levels and socioeconomic backgrounds. The organization provides after-school and weekend sailing lessons for young individuals aged between 8 and 18 years. These sessions enable them to learn basic sailing instructions and safety measures, gradually progressing to compete as part of a team in high school regattas across California.
Moreover, the foundation offers a Junior Racing program, which serves as a platform for sailors to expand their sailing skills. Here, they learn to sail in Optimist, 420, and Laser sailboats and have the opportunity to participate in regattas across the United States during the fall season, if they so choose. The Peninsula Youth Sailing Foundation's mission is not merely about teaching sailing but also about fostering a sense of teamwork and competition among its young participants.
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Impact
July, 2024
Peninsula Youth Sailing Foundation has a profound impact on amateur youth sailing by providing comprehensive instruction and facilities for sailors of all skill levels and backgrounds. Through their programs, youth ages 8-18 are able to learn basic sailing techniques, safety protocols, and progress to compete in high school regattas throughout California. The foundation also offers opportunities for young sailors to race in Opti, 420, and Laser sailboats, allowing them to hone their skills and participate in regattas across the United States. Overall, Peninsula Youth Sailing Foundation plays a vital role in fostering a love for sailing among young individuals and providing them with the necessary tools to succeed in this competitive sport.
This information is meant to be a general summary of Peninsula Youth 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: $5,136
- Program Service Revenue: $573,666
- Gross Receipts: $708,019
Assets and Liabilities:
- Total Assets: $370,891
- Total Liabilities: $208,851
- Net Assets: $162,040
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
CLASS FEES
Revenue
$549,312
REGATTA MEETS
Revenue
$16,954
PRIVATE COACHING FEES
Revenue
$7,400
Organization Details
Founding Year
2002
Phone
(650) 851-5144Principal Officer
Molly Vandemoer
Main Address
PO BOX 620866, WOODSIDE, CA, 94062
Website
www.pysf.usNTEE Category
Code: N60 - Recreation
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