Overview
What is Eastport Yacht Club Foundation Inc?
The Eastport Yacht Club Foundation, situated in Annapolis, Maryland, is a nonprofit organization committed to educating youths and young adults about maritime-ecology and boating. They accomplish this mission through a variety of initiatives, with their most prominent project being the Maritime Career Awareness - Career Fair. This annual event, now in its 12th year, connects 6th to 12th graders from Anne Arundel County with representatives from local and national marine industries, educators, and other professionals. The foundation serves as a bridge between the younger generation and the maritime sector, fostering awareness and opportunities.
Official website here: www.eycfoundation.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 83%, Three-Star out of Four Star rating. The Eastport Yacht Club Foundation Inc has achieved a solid rating based on its strong accountability and finance practices. The overall score primarily reflects the organization's transparency and financial management, which is critical for gaining the trust of donors and stakeholders.
The foundation excels in several areas, including having a fully independent board and no material diversion of assets. These factors contribute positively to its accountability score. Additionally, the organization maintains a high program expense ratio, indicating that a significant portion of its funding is directed towards its programs rather than administrative costs.
However, there are notable limitations, particularly regarding governance policies. The absence of a whistleblower policy and a document retention and destruction policy could raise concerns about oversight and risk management. Despite these gaps, the foundation's strong financial health and commitment to transparency are commendable and create a largely positive impression.
This AI summary has been generated from information found on Charity Navigator.
Is Eastport Yacht Club Foundation Inc legitimate?
Eastport Yacht Club Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Eastport Yacht Club Foundation Inc submitted a form 990EZ, 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.
Official website here: www.eycfoundation.org
What is the mission statement of Eastport Yacht Club Foundation Inc?
The Eastport Yacht Club Foundation's mission is centered around educating young individuals, specifically between 6th and 12th grade, about maritime-ecology and boating. They accomplish this through various initiatives, with one of their notable projects being the annual Maritime Career Awareness - Career Fair, which was held in its 12th year in 2021. This event serves as a platform, bringing together representatives from marine industries, educators, and other relevant parties, to engage with and inspire these young minds. The foundation's aim is to foster an understanding and appreciation for these fields, thereby opening up potential career paths in the maritime sector.
Official website here: www.eycfoundation.org
Who is the CEO of Eastport Yacht Club Foundation Inc?
Sarah Trees is the Treasurer of Eastport Yacht Club Foundation Inc.
Official website here: www.eycfoundation.org
What is the revenue of Eastport Yacht Club Foundation Inc?
Eastport Yacht Club Foundation Inc's revenue in 2022 was $70,871.
Official website here: www.eycfoundation.org
Who are the executives of Eastport Yacht Club Foundation Inc and what are their salaries?
Here are 13 key members and their salaries:
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Official website here: www.eycfoundation.org
Where can I find the form 990EZ for Eastport Yacht Club Foundation Inc?
Eastport Yacht Club Foundation Inc's most recent form 990EZ was submitted in 2022 and can be accessed here.
Official website here: www.eycfoundation.org
Learn more at the official website: www.eycfoundation.org
Mission Statement of Eastport Yacht Club Foundation Inc
The Eastport Yacht Club Foundation is committed to enlightening youths and young adults about maritime ecology and boating. They achieve this goal through a variety of initiatives. One of their significant undertakings is the Maritime Career Awareness - Career Fair, which has been a successful annual event for 12 years, most recently in 2021. This event attracts representatives from both local and national marine industries, educators, and other relevant parties, engaging 6th through 12th graders from Anne Arundel County. The Eastport Yacht Club Foundation strives to inspire and educate the next generation about the diverse career opportunities in the maritime industry.
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Impact
August, 2024
The Eastport Yacht Club Foundation has a significant impact on the youth and young adults in Anne Arundel County by providing educational opportunities in maritime ecology and boating. Through initiatives like the Maritime Career Awareness - Career Fair, the foundation brings together industry representatives, educators, and students to explore potential career paths in the marine industry. By fostering interest and knowledge in this field, the foundation is helping to shape the future generation of maritime professionals and enthusiasts.
This information is meant to be a general summary of Eastport Yacht Club Foundation 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 2022.
- Investment Income: $8
- Program Service Revenue: $3,582
- Gross Receipts: $71,666
Assets and Liabilities:
- Total Assets: $168,092
- Total Liabilities: $0
- Net Assets: $168,092
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Organization Details
Phone
(410) 693-5404Principal Officer
Sarah Trees
Main Address
PO BOX 3205, ANNAPOLIS, MD, 21403
Website
www.eycfoundation.orgNTEE Category
Code: N20 - Recreation
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