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Life Sail Inc

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

EIN: 562364927 ✦ Van nuys, CA ✦ Designated as a 501(c)(3)

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Overview

What is Life Sail Inc?

Life Sail Inc is a nonprofit organization committed to educating the public about sea and ship handling. They strive to inspire a love for the sea in underprivileged and foster youth by fostering skills in seamanship. Through their initiatives, they provide training and opportunities for these youth to gain hands-on experience on sea excursions. Their mission is to advocate for the importance of sea and ship handling while empowering future generations with essential maritime skills.


Official website here: www.lifesail.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: Not Available

Life Sail Inc has received positive feedback from users on Great Nonprofits, highlighting its strong focus on education and personal development. A donor praised the organization for its ability to enhance educational opportunities beyond traditional classroom settings, emphasizing the valuable skills students gain, including leadership and overcoming fears associated with water.

The review mentioned the organization's effectiveness in providing a comprehensive learning experience, which is appreciated by supporters. However, there is currently limited information on additional reviews or ratings from other sources, which could offer a more rounded perspective on the nonprofit's impact and performance.

Overall, Life Sail Inc appears to be well-regarded by its supporters for its educational contributions and ability to enrich the lives of its students. More diverse feedback could help paint a broader picture of its operations and effectiveness in the community.


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

Is Life Sail Inc legitimate?

Life Sail Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Life Sail 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.


Heare are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.lifesail.org

What is the mission statement of Life Sail Inc?

Life Sail Inc's mission is centered around advocating public awareness about sea and ship handling. The organization also aims to cultivate seamanship skills among youth, particularly those who are underprivileged. To accomplish this, Life Sail Inc conducts training programs and organizes sea excursions for these young individuals, providing them with hands-on experience and practical knowledge in the field. By doing so, the organization seeks to promote a deeper appreciation for marine activities and ensure that future generations are equipped with the necessary skills to navigate the seas safely and responsibly.


Official website here: www.lifesail.org

What is the revenue of Life Sail Inc?

Life Sail Inc's revenue in 2023 was $193,934.


Official website here: www.lifesail.org

Who are the executives of Life Sail Inc and what are their salaries?

Here are 6 key members and their salaries:


Matt Schulz (President &)
  • Compensation: $0
  • Related: $0
  • Other: $0
Alexis Alvarado (Cfo)
  • Compensation: $0
  • Related: $0
  • Other: $0
Steven Schulz (Coo)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jim Oates (Vice Preside)
  • Compensation: $0
  • Related: $0
  • Other: $0
Eyal Ron (Officer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Cynthia Diaz (Cfo)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.lifesail.org

Where can I find the form 990EZ for Life Sail Inc?

Life Sail Inc's most recent form 990EZ was submitted in 2023 and can be accessed here.


Official website here: www.lifesail.org

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

Mission Statement of Life Sail Inc

Life Sail Inc, a nonprofit organization, is dedicated to raising public awareness about sea and ship handling. Their primary mission is to nurture and develop seamanship skills in underprivileged and foster youth. Through their advocacy efforts, they aim to educate the public about the intricacies of navigating the sea and operating ships. Moreover, Life Sail Inc provides hands-on experiences by taking these young individuals on sea excursions, enabling them to apply the skills they've learned in a practical setting. By doing so, the organization fosters a sense of responsibility and confidence in these young people, providing them with valuable life experiences.

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Impact




October, 2024

Life Sail Inc makes a significant impact by promoting awareness and understanding of maritime skills among youth, particularly those from underprivileged backgrounds. By focusing on seamanship and ship handling, the organization not only educates young individuals about the sea but also fosters essential life skills such as teamwork, responsibility, and confidence through hands-on training and sea excursions. This experiential learning empowers youth, broadens their horizons, and connects them with opportunities that would otherwise be inaccessible, cultivating a sense of community and stewardship for marine environments. Life Sail Inc’s advocacy and programs deeply enrich both participants and the broader community, inspiring a new generation to appreciate and engage with the sea.




This information is meant to be a general summary of Life Sail 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.

Revenue
$193,934 (2023)
Expenses
$91,835 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Gross Receipts: $193,934

Assets and Liabilities:

  • Total Assets: $159,989
  • Total Liabilities: $80,134
  • Net Assets: $79,855

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Organization Details

Principal Officer

Alexis Alvarado

NTEE Category

Code: W99 - Public benefit

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