Overview
What is Baltimore Operation Sail Ltd?
Baltimore Operation Sail Ltd is a nonprofit organization situated in Baltimore, Maryland, specifically at 3720 Dillon Street. Their primary focus is on promoting activities in the harbor area of Baltimore City, with a particular emphasis on the city's rich sailing heritage. They achieve this by organizing maritime programs that attract both the local community and visitors from outside the area. By providing ships and various vessels, they engage the public, including young individuals, in enjoyable waterfront experiences. With a team of 13 dedicated employees, Baltimore Operation Sail Ltd contributes to enriching the cultural and recreational scene of Baltimore.
Official website here: www.sailbaltimore.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 73%, earning a Two-Star out of Four Star rating. This rating indicates a moderate level of accountability and financial stability, suggesting that while the organization has some strengths, there are areas needing improvement. The score reflects solid governance practices, including a fully independent board and no material diversion of assets.
Baltimore Operation Sail Ltd shows commendable commitment in various governance metrics, scoring full points for an independent board size and majority independent board members. Their program expense ratio is strong at 88.23%, indicating that a significant portion of their funds is directed towards their mission. However, the organization has notable weaknesses in areas related to whistleblower and document retention policies, which received no points, raising concerns about internal governance practices.
Overall, while the organization demonstrates a solid commitment to its mission through significant program expenditures, the lack of comprehensive policies in critical governance areas may impact its long-term effectiveness and transparency. Addressing these limitations could enhance confidence among donors and stakeholders.
This AI summary has been generated from information found on Charity Navigator.
Is Baltimore Operation Sail Ltd legitimate?
Baltimore Operation Sail Ltd is a legitimate nonprofit organization registered as a 501(c)(3) entity. Baltimore Operation Sail Ltd 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:
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For more financial information, click here
Official website here: www.sailbaltimore.org
What is the mission statement of Baltimore Operation Sail Ltd?
Baltimore Operation Sail Ltd's mission is centered around providing maritime programming. This initiative aims to attract both local residents and visitors from outside the area, particularly youth, to the Baltimore waterfront. The organization achieves this by offering a variety of ships and vessels. The primary objective is to promote activities related to the harbor area of Baltimore City, with a focus on its rich sailing heritage.
Official website here: www.sailbaltimore.org
What is the revenue of Baltimore Operation Sail Ltd?
Baltimore Operation Sail Ltd's revenue in 2023 was $28,198.
Official website here: www.sailbaltimore.org
Who are the executives of Baltimore Operation Sail Ltd and what are their salaries?
The average compensation at Baltimore Operation Sail Ltd during 2023 was $11,785. There are 13 employees and 260 volunteers at Baltimore Operation Sail Ltd.
Here are 27 key members and their salaries:
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Official website here: www.sailbaltimore.org
Where can I find the form 990EZ for Baltimore Operation Sail Ltd?
Baltimore Operation Sail Ltd's most recent form 990EZ was submitted in 2023 and can be accessed here.
Official website here: www.sailbaltimore.org
Learn more at the official website: www.sailbaltimore.org
Mission Statement of Baltimore Operation Sail Ltd
Baltimore Operation Sail Ltd is a non-profit organization that aims to attract the public, both locals and visitors, as well as area youth, to the Baltimore waterfront. They accomplish this by providing various ships and vessels for maritime programming. The mission of Baltimore Operation Sail Ltd is to showcase the city's sailing heritage and promote activities around the harbor area. This non-profit organization plays a significant role in engaging the community with their maritime offerings, thereby enhancing the overall experience of Baltimore's waterfront.
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Impact
July, 2024
Baltimore Operation Sail Ltd's impact is significant as it offers maritime programming to draw the public, out-of-town visitors, and area youth to the Baltimore waterfront. By providing ships and other vessels, the organization promotes the harbor area of Baltimore City with an emphasis on its sailing heritage. This not only enriches the cultural experiences of those who participate but also contributes to the economic growth and vitality of the city by attracting tourists and residents to the waterfront. Additionally, by focusing on recreation and highlighting Baltimore's maritime history, Baltimore Operation Sail Ltd plays a crucial role in preserving and promoting the city's unique identity.
This information is meant to be a general summary of Baltimore Operation Sail Ltd. 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.
- Program Service Revenue: $500,910
- Gross Receipts: $28,198
Assets and Liabilities:
- Total Assets: $161,039
- Total Liabilities: $13,763
- Net Assets: $147,276
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Management Fees
Revenue
$500,910
Organization Details
Founding Year
1975
Principal Officer
Michael C Mcgeady
Website
www.sailbaltimore.orgNTEE Category
Code: N67Z - Recreation
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