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Sailfuture Inc

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

EIN: 463271817 ✦ Saint petersburg, FL ✦ Designated as a 501(c)(3)

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Overview

What is Sailfuture Inc?

Sailfuture Inc, located in Saint Petersburg, Florida, is a distinguished nonprofit organization that focuses on transforming the lives of high-risk youth. They accomplish this by fostering long-term personal relationships through sailing experiences, counseling, experiential education, and permanent housing. The organization's residential model includes an accredited experiential high school, challenging sailing experiences, individual counseling, and job training. Sailfuture Inc's mission is to utilize sailing as a tool to establish lifelong connections between troubled teens transitioning back into society and passionate mentors who act as role models throughout their journey. With a dedicated team of 72 employees, Sailfuture Inc strives to make a significant impact on the lives of these young individuals.


Official website here: www.sailfuture.org

What are the reviews and ratings of this charity?

Rating from Charity Navigator: 80%, Three-Star out of Four Star rating.

Sailfuture Inc has achieved a Three-Star rating due to its overall score of 80%, reflecting a strong performance in accountability and finance, with a notable 90% in this category. The organization has a fully independent board, demonstrating good governance practices. Strengths in financial transparency are highlighted by its high program expense ratio of 89.72% and the absence of loans to or from officers, contributing to a solid financial foundation.

However, there are some areas that could be improved. The fundraising efficiency ratio is quite low at $0.002, suggesting that the organization may need to enhance its fundraising strategies to maximize its resources effectively. Despite this, their leadership and adaptability scores are exemplary, indicating strong strategic planning and leadership capabilities within the organization. Overall, while Sailfuture Inc exhibits significant strengths, addressing fundraising efficiency could further bolster its impact.


This AI summary has been generated from information found on Charity Navigator.

What do the Facebook reviews say about Sailfuture Inc?

100% of 14 reviewers on Facebook recommend Sailfuture Inc. Here's a summary of their reviews:

Reviewers express deep appreciation for the nonprofit's commitment to helping individuals through meaningful experiences and teachings. Many highlight the organization's ability to foster friendship and share valuable life lessons, emphasizing the positive impact they've made on participants. Their approach to addressing the realities of life and providing essential survival skills has been particularly impactful for those involved.

Overall, sentiments towards Sailfuture Inc are overwhelmingly positive, with many expressing gratitude for the transformative experiences offered. The organization appears to genuinely deliver on its mission to support and uplift those they serve, making a significant difference in the lives of their participants.


This AI summary has been generated from reviews found on Facebook.

Is Sailfuture Inc legitimate?

Sailfuture Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Sailfuture 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: $1,064,894

For more financial information, click here


Official website here: www.sailfuture.org

What is the mission statement of Sailfuture Inc?

Sailfuture Inc's mission is centered around utilizing sailing as a transformative tool. They aim to establish long-lasting relationships between troubled adolescents, who are re-integrating into society, and dedicated mentors, who serve as role models throughout their journey. This organization runs a residential intervention program that fosters change in high-risk youth. It achieves this by building trust and developing personal relationships through sailing experiences, counseling, experiential education, and long-term housing. The program includes an accredited experiential high school, challenging sailing experiences, individual counseling, and job training.


Official website here: www.sailfuture.org

Who is the CEO of Sailfuture Inc?

Michael Long is the President of Sailfuture Inc.


Official website here: www.sailfuture.org

What is the revenue of Sailfuture Inc?

Sailfuture Inc's revenue in 2022 was $4,001,733.


Official website here: www.sailfuture.org

Who are the executives of Sailfuture Inc and what are their salaries?

The average compensation at Sailfuture Inc during 2022 was $14,790. There are 72 employees at Sailfuture Inc.


Here are 5 key members and their salaries:


Michael Long (President)
  • Compensation: $96,961
  • Related: $0
  • Other: $0
Andrew L Gould (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Madeline Manlove (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Micah Thompson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Nelson Scott (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.sailfuture.org

Where can I find the form 990 for Sailfuture Inc?

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


Official website here: www.sailfuture.org

Learn more at the official website: www.sailfuture.org

Mission Statement of Sailfuture Inc

Sailfuture Inc, a nonprofit organization, utilizes sailing as a means to foster enduring relationships between troubled teens who are re-entering society and dedicated mentors who serve as role models throughout their journey. The mission of Sailfuture Inc is to leverage sailing experiences, counseling, experiential education, and long-term housing to foster transformational change in high-risk youth. This residential intervention program aims to develop trust and establish long-term personal relationships, ultimately enabling these youth to reintegrate into society successfully.

Sailfuture Inc's unique approach involves an accredited experiential high school, challenging sailing experiences, individual counseling, and job training. The experiential high school component offers these teens an opportunity to continue their education while also gaining practical skills. The sailing experiences provided by Sailfuture Inc are designed to challenge and inspire these young individuals, fostering a sense of self-confidence and resilience. The individual counseling component ensures that each teen receives the personalized support they need to overcome their challenges and achieve their goals. Lastly, the job training program equips these teens with the necessary skills to secure employment and maintain financial independence once they transition back into society.

In summary, Sailfuture Inc's mission is to empower troubled teens by providing them with a supportive environment that combines sailing experiences, counseling, experiential education, and job training. Through this comprehensive approach, Sailfuture Inc aims to help these young individuals rebuild their lives and successfully reintegrate into society.

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Impact




July, 2024

Sailfuture Inc's impact lies in using sailing as a transformative tool to help troubled teens transition back into society. By fostering trust, building lifelong relationships, and providing a supportive environment, the organization empowers high-risk youth to make positive changes in their lives. Through a unique residential intervention program that includes experiential education, counseling, job training, and long-term housing, Sailfuture offers a comprehensive approach to holistic personal development. The organization's mission to connect these teens with passionate mentors who serve as role models during their journey enables them to overcome challenges and build a brighter future.




This information is meant to be a general summary of Sailfuture 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
$4,001,733 (2022)
Expenses
$3,031,691 (2022)
Efficiency

Other financial information:

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

  • Program Service Revenue: $2,513,578
  • Gross Receipts: $4,001,733

Assets and Liabilities:

  • Total Assets: $6,315,958
  • Total Liabilities: $3,348,686
  • Net Assets: $2,967,272

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

SERVICE REIMBURSEMENT

Revenue

$2,513,578

Organization Details

Founding Year

2013

Principal Officer

Michael Long

Main Address

2900 68TH AVE S, Saint Petersburg, FL, 33712

NTEE Category

Code: N60 - Recreation

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