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Sailing Ships Portland

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

EIN: 473101784 ✦ Portland, ME ✦ Designated as a 501(c)(3)

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Overview

What is Sailing Ships Portland?

Sailing Ships Portland, based in Portland, Maine, is a nonprofit organization that offers educational opportunities for young individuals aged 14-18. Through their Small Boat Program, they provide week-long voyages on a large traditional sailing vessel. The primary focus of these journeys is to nurture teamwork and leadership skills among the students, while also offering sail training. Various scholarships are provided to help cover the costs, ensuring accessibility to a diverse range of participants. The organization, with a team of 47 dedicated individuals, is committed to this mission, fostering essential skills and marine/sailing knowledge in the next generation.


Official website here: www.sailingshipsmaine.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 59%, One-Star out of Four Star rating

Sailing Ships Portland has received a One-Star rating from Charity Navigator, indicating significant concerns regarding its accountability and finance practices. While it has a strong program expense ratio of 86.21%, demonstrating that a large portion of its funds are directed to its programs, other areas have raised red flags, particularly the lack of essential policies such as conflict of interest, whistleblower, and document retention policies.

The organization enjoys a fully independent board, which is a positive aspect recognized by the rating. However, the liabilities to assets ratio is alarmingly high at 200.03%, suggesting potential financial instability. Despite these weaknesses, the charity shows strength in leadership and adaptability, scoring full points in those areas, which may help it navigate challenges in the future.

The overall score reflects a need for improvement in governance and financial practices. Stakeholders may want to cautiously monitor the organization’s operations and governance policies before making any commitments or donations.


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

What do the Facebook reviews say about Sailing Ships Portland?

100% of the 7 reviewers on Facebook recommend Sailing Ships Portland. Here is a summary of their reviews:

Reviewers express strong support for the organization, highlighting its commitment to providing sailing opportunities, particularly for high school students. The positive sentiment conveys that the nonprofit is making a meaningful impact in the community by facilitating memorable sailing experiences.

Many commend the staff and events organized by Sailing Ships Portland, reflecting a sense of enthusiasm and appreciation for both the crew and the activities offered. Overall, it’s evident that the nonprofit is successfully fulfilling its mission and is well-loved by those it serves.


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

Is Sailing Ships Portland legitimate?

Sailing Ships Portland is a legitimate nonprofit organization registered as a 501(c)(3) entity. Sailing Ships Portland 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: $298,702

For more financial information, click here


Official website here: www.sailingshipsmaine.org

What is the mission statement of Sailing Ships Portland?

Sailing Ships Portland's mission is centered around providing educational opportunities for students between the ages of 14 and 18. Through scholarships and workshops, they aim to instill valuable skills such as teamwork and leadership, with a focus on marine and sailing education. The organization's activities include hosting one-week educational voyages on large traditional sailing vessels, where students are taught sail training in addition to these essential life skills. Scholarships are offered to eligible students, ensuring that the program is accessible to a diverse range of individuals.


Official website here: www.sailingshipsmaine.org

What is the revenue of Sailing Ships Portland?

Sailing Ships Portland's revenue in 2021 was $803,946.


Official website here: www.sailingshipsmaine.org

Who are the executives of Sailing Ships Portland and what are their salaries?

The average compensation at Sailing Ships Portland during 2021 was $6,355. There are 47 employees and 10 volunteers at Sailing Ships Portland.

Here are 9 key members and their salaries:


Alex Agnew (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Richard Olson (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jon Radtke (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Will Ritch (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brian Harris (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michelle Thresher (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Chris Wellins (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Maureen Sturtevant (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Thomas Shepard (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.sailingshipsmaine.org

Where can I find the form 990 for Sailing Ships Portland?

Sailing Ships Portland's most recent form 990 was submitted in 2021 and can be accessed here.


Official website here: www.sailingshipsmaine.org

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

Mission Statement of Sailing Ships Portland

Sailing Ships Portland, a nonprofit organization, is dedicated to providing scholarly opportunities and educational experiences in the realm of sailing and maritime studies for students aged between 14 and 18. Their primary mission is to foster teamwork and leadership skills among these young individuals. To achieve this, they offer scholarships and conduct voyages and workshops aboard a large traditional sailing vessel. Through these experiences, students not only learn the intricacies of sailing but also develop crucial life skills, such as leadership and marine/sail training. The organization's scholarships vary in extent, ensuring that students from diverse backgrounds can participate in these enriching experiences.

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Impact




July, 2024

Sailing Ships Portland's impact is felt through the positive effect it has on students aged 14-18. By providing scholarships and educational voyages on traditional sailing vessels, the organization teaches valuable skills such as teamwork, leadership, and marine/sailing training. Through programs like the HARVEY GAMAGE / SMALL BOAT PROGRAM, students are able to learn in a hands-on, experiential way that goes beyond conventional education. The scholarships offered by Sailing Ships Portland enable students from diverse backgrounds to access these valuable learning opportunities, ultimately shaping the next generation of leaders and maritime enthusiasts.




This information is meant to be a general summary of Sailing Ships Portland. 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
$803,946 (2021)
Expenses
$901,682 (2021)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2021.

  • Program Service Revenue: $516,720
  • Gross Receipts: $824,446

Assets and Liabilities:

  • Total Assets: $252,695
  • Total Liabilities: $505,485
  • Net Assets: -$252,790

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Programs

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

Tall Ship Education Program
0

Revenue

$516,720

Organization Details

Founding Year

2015

Principal Officer

Alex Agnew

NTEE Category

Code: A50 - Arts

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