Overview
What is The Downtown Sailing Center Inc?
The Downtown Sailing Center Inc, situated in Baltimore, Maryland, is a distinguished nonprofit organization. Its mission is to offer boating and water safety education, fostering self-esteem and teamwork among community members through the delight of sailing. The center, which relies on its volunteer-based membership, is a diverse community that extends beyond Baltimore, encompassing individuals from various backgrounds, including college students, retirees, and professionals. The Downtown Sailing Center is dedicated to inclusiveness, particularly focusing on youth, individuals with disabilities, and those with limited opportunities. With a team of 59 employees, the center provides life-enriching programs, promoting a sense of belonging and camaraderie within its sailing community.
Official website here: www.downtownsailing.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 77%, Three-Star out of Four Star rating.
The Downtown Sailing Center Inc has earned a Three-Star rating from Charity Navigator, indicating a fair level of performance in financial accountability and community engagement. With a score of 83% in Accountability & Finance and 17% in Culture & Community, the organization demonstrates a solid commitment to managing its resources effectively, evidenced by a program expense ratio of 72.62%.
Strengths highlighted in the feedback include a perfect score of 100 in constituent feedback, collection, usage, and practices. This shows that the organization actively seeks and utilizes input from those it serves, reflecting a strong responsiveness to community needs. Additionally, an Equity Strategies Score of 81 suggests a commitment to equitable practices within its programs and outreach.
However, the organization has a lower score in Culture & Community, which may indicate areas for improvement in its community engagement efforts. The liabilities to assets ratio of 67.48% can also be a point of concern as it suggests a moderate level of financial risk. Overall, The Downtown Sailing Center Inc shows promise but may benefit from enhancing its community-oriented initiatives.
This AI summary has been generated from information found on Charity Navigator.
Is The Downtown Sailing Center Inc legitimate?
The Downtown Sailing Center Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Downtown Sailing Center 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: $56,249
Professional Fundraising Fees: $0
Other Salaries and Wages: $317,854
For more financial information, click here
Official website here: www.downtownsailing.org
What is the mission statement of The Downtown Sailing Center Inc?
The Downtown Sailing Center Inc, as a nonprofit organization, is dedicated to providing boating and water safety education, as well as training, to the community. Their mission is to offer life-enriching programs that foster self-esteem and teamwork, using sailing as a medium. The center is committed to promoting an inclusive environment, particularly for youth, individuals with disabilities, and those with limited opportunities. Their membership serves as the foundation for their community, comprising individuals from various backgrounds who have come together to learn sailing or volunteer in their programs.
Official website here: www.downtownsailing.org
What is the revenue of The Downtown Sailing Center Inc?
The Downtown Sailing Center Inc's revenue in 2023 was $824,459.
Official website here: www.downtownsailing.org
Who are the executives of The Downtown Sailing Center Inc and what are their salaries?
The average compensation at The Downtown Sailing Center Inc during 2023 was $5,938. There are 63 employees at The Downtown Sailing Center Inc.
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Official website here: www.downtownsailing.org
Where can I find the form 990 for The Downtown Sailing Center Inc?
The Downtown Sailing Center Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.downtownsailing.org
Learn more at the official website: www.downtownsailing.org
Mission Statement of The Downtown Sailing Center Inc
The Downtown Sailing Center, an inclusive and volunteer-driven organization, is dedicated to providing boating education and promoting self-esteem and teamwork through sailing. This nonprofit aims to enrich lives by offering high-quality programs that cater to various demographics, including youth, individuals with disabilities, and those with limited opportunities. The Downtown Sailing Center is deeply committed to fostering an environment of accessibility, ensuring that its programs are accessible to a wide range of individuals. By leveraging the joy of sailing, this organization seeks to bring people together, transcending social, economic, and ethnic divides.
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Impact
July, 2024
The Downtown Sailing Center Inc's impact can be seen in the inclusive and accessible educational programs it provides to the community. By promoting self-esteem, teamwork, and water safety education through the joy of sailing, The Downtown Sailing Center helps individuals, especially youth, persons with disabilities, and those with limited opportunities, experience personal growth and valuable skills. The organization's dedicated volunteers and members form a supportive community that contributes to the overall mission of inclusiveness and empowerment.
This information is meant to be a general summary of The Downtown Sailing Center 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2023.
- Investment Income: $16,812
- Program Service Revenue: $229,977
- Gross Receipts: $836,717
Assets and Liabilities:
- Total Assets: $964,360
- Total Liabilities: $650,794
- Net Assets: $313,566
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Tuition fees
Revenue
$221,147
Community outreach
Revenue
$8,830
Organization Details
Founding Year
1994
Principal Officer
Marty Fetsch
Website
www.downtownsailing.orgNTEE Category
Code: N67 - Recreation
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