Overview
What is Alexandria Seaport Foundation?
The Alexandria Seaport Foundation is a nonprofit organization situated in Alexandria, Virginia. Their primary focus is to aid young individuals aged 17 to 23, offering them the essential skills necessary to become self-sufficient and productive adults. This is achieved through an apprenticeship program, which is full-time, paid, and spans approximately 8 to 10 months. The foundation employs a holistic approach, combining social-emotional supports, traditional boat building, and a workforce curriculum to create a nurturing environment. In this safe haven, youth can heal, learn, and develop into well-rounded adults. The organization's mission is to provide career, education, and life skills to those in need of guidance and support. Maximum word count: 118 [Note: The information provided does not mention the number of employees working beyond the "apprentice program", so I've used the total_employees value of 30 from the information array to maintain consistency.]
Official website here: www.alexandriaseaport.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 90% (Four-Star out of Four Star rating)
The Alexandria Seaport Foundation has achieved a commendable Four-Star rating from Charity Navigator, reflecting a strong commitment to accountability and financial health. The rating is primarily based on the organization's Accountability & Finance score of 90%, indicating effective management of resources and transparency in operations.
Strengths highlighted in the evaluation include a fully independent board, robust financial oversight, and a comprehensive set of policies addressing conflicts of interest and whistleblower protections. The organization demonstrates effective asset management with a low liabilities to assets ratio of 3.61%, and its program expense ratio of 65.40% indicates a solid investment in its mission-related activities.
While the foundation scores well overall, it received slightly lower marks in the program expense ratio category, which suggests there may be room for further enhancement in directing funds toward program services. Overall, the Alexandria Seaport Foundation appears to be a well-managed organization with a strong ethical framework and a focus on fulfilling its mission.
This AI summary has been generated from information found on Charity Navigator.
Is Alexandria Seaport Foundation legitimate?
Alexandria Seaport Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Alexandria Seaport Foundation 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: $119,799
Professional Fundraising Fees: $0
Other Salaries and Wages: $292,047
For more financial information, click here
Official website here: www.alexandriaseaport.org
What is the mission statement of Alexandria Seaport Foundation?
The Alexandria Seaport Foundation operates with a mission to offer career, educational, and life skills to young individuals in need of guidance and support. Utilizing social-emotional resources, traditional boat building, and a workforce curriculum, the foundation provides a secure environment where these youth can heal, learn, and evolve into healthy adults. Through their apprentice program, the foundation offers a full-time, paid opportunity lasting approximately 8-10 months, aiming to equip young men and women with the skills necessary to become self-sufficient and productive adults.
Official website here: www.alexandriaseaport.org
Who is the CEO of Alexandria Seaport Foundation?
Debra Roepke is the Chair of Alexandria Seaport Foundation.
Official website here: www.alexandriaseaport.org
What is the revenue of Alexandria Seaport Foundation?
Alexandria Seaport Foundation's revenue in 2022 was $1,205,966.
Official website here: www.alexandriaseaport.org
Who are the executives of Alexandria Seaport Foundation and what are their salaries?
The average compensation at Alexandria Seaport Foundation during 2022 was $13,728. There are 30 employees and 75 volunteers at Alexandria Seaport Foundation.
Here are 10 key members and their salaries:
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Official website here: www.alexandriaseaport.org
Where can I find the form 990 for Alexandria Seaport Foundation?
Alexandria Seaport Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.alexandriaseaport.org
Learn more at the official website: www.alexandriaseaport.org
Mission Statement of Alexandria Seaport Foundation
The Alexandria Seaport Foundation is an organization dedicated to offering career, education, and life skills to young individuals who require guidance and support. Utilizing the therapeutic process of traditional boat building, social-emotional support, and a comprehensive workforce curriculum, the foundation provides a secure environment where these youth can heal, learn, and develop into responsible adults. The primary objective of Alexandria Seaport Foundation is to equip these young people with the necessary skills to become self-sufficient and productive members of society. The foundation achieves this goal through its apprentice program, which is a full-time, paid initiative lasting approximately 8-10 months, aimed at young men and women between the ages of 17 and 23.
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Impact
July, 2024
The Alexandria Seaport Foundation's impact can be seen in the transformation of young people who participate in its apprentice program. Through providing career, education, and life skills to individuals in need of direction and support, the foundation offers a safe-haven where youth can heal, learn, and grow into healthy adults. The hands-on experience of traditional boat building, coupled with a structured workforce curriculum, equips participants with the tools necessary to become independent and productive individuals. This organization plays a crucial role in empowering young men and women aged 17-23 to develop valuable skills and build a foundation for a successful future.
This information is meant to be a general summary of Alexandria Seaport Foundation. 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: $15,372
- Program Service Revenue: $7,871
- Gross Receipts: $1,220,140
Assets and Liabilities:
- Total Assets: $1,358,055
- Total Liabilities: $68,524
- Net Assets: $1,289,531
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Commission work - boats/other
Revenue
$7,871
Organization Details
Founding Year
1982
Phone
(703) 778-0977Principal Officer
Debra Roepke
Main Address
PO Box 25036, Alexandria, VA, 22313
Website
www.alexandriaseaport.orgNTEE Category
Code: A55I - Arts
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