Overview
What is Sarasota Youth Sailing Inc?
Sarasota Youth Sailing Inc, established in 1980, is a nonprofit organization located in Sarasota, Florida. The primary focus of this organization is to encourage, aid, and support instructional sailing programs for juveniles aged 8 to 18. The organization believes in the therapeutic effects of sailing, as it offers a unique blend of physical and intellectual challenges, boosting self-esteem, team spirit, sportsmanship, and a deep appreciation for nature. Sarasota Youth Sailing Inc has grown since its inception, now boasting a fleet of sailing craft for safety and performance. The children's program has expanded to include both instructional and racing programs, which has contributed to its continued growth. The organization is operated by a team of 24 dedicated individuals.
Official website here: www.sarasotayouthsailing.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement, Two-Star out of Four Stars (69%)
Sarasota Youth Sailing Inc has received a two-star rating from Charity Navigator, indicating that the organization requires improvement, particularly in the area of accountability and financial transparency. While the organization boasts a 100% independent board and a strong program expense ratio of 73.01%, it lacks several critical policies and financial statements that contribute to its lower score. Notably, there are no documented conflict of interest or whistleblower policies, which are significant for organizational integrity and trust.
The organization has successfully maintained a good ratio of liabilities to assets at 0.77%, demonstrating financial stability. However, the absence of financial statements and the failure to post tax forms on its website are concerning gaps that affect its overall transparency. Additionally, the lack of a documented conflict of interest policy raises questions about governance practices.
Overall, while Sarasota Youth Sailing Inc exhibits strong elements in board independence and program expenses, the shortcomings in policy documentation and financial disclosures highlight areas needing urgent attention to improve its accountability and public trust.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about Sarasota Youth Sailing Inc?
100% of 16 reviewers on Facebook recommend Sarasota Youth Sailing Inc. Here is a summary of their reviews:
The organization has garnered praise for its welcoming environment and friendly staff. Many reviewers commend the location, suggesting it is ideal for sailing activities and contributes to an overall positive experience for participants.
Users express high satisfaction with their interactions and the services provided, reflecting that the nonprofit effectively fosters a supportive community for young sailors.
This AI summary has been generated from reviews found on Facebook.
Is Sarasota Youth Sailing Inc legitimate?
Sarasota Youth Sailing Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Sarasota Youth Sailing 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $221,652
For more financial information, click here
Official website here: www.sarasotayouthsailing.org
What is the mission statement of Sarasota Youth Sailing Inc?
Sarasota Youth Sailing Inc was established in 1980 with a mission to encourage, aid, and support instructional sailing programs for juveniles, aged 8 to 18. The organization believes in the therapeutic benefits of sailing for all children. Sailing serves as a physical and intellectual challenge that helps build self-esteem, fosters team spirit, promotes sportsmanship, and cultivates a deep appreciation for the natural environment.
Official website here: www.sarasotayouthsailing.org
Who is the CEO of Sarasota Youth Sailing Inc?
David Hillmyer is the Chairman of Sarasota Youth Sailing Inc.
Official website here: www.sarasotayouthsailing.org
What is the revenue of Sarasota Youth Sailing Inc?
Sarasota Youth Sailing Inc's revenue in 2022 was $502,124.
Official website here: www.sarasotayouthsailing.org
Who are the executives of Sarasota Youth Sailing Inc and what are their salaries?
The average compensation at Sarasota Youth Sailing Inc during 2022 was $9,236. There are 24 employees and 80 volunteers at Sarasota Youth Sailing Inc.
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Official website here: www.sarasotayouthsailing.org
Where can I find the form 990 for Sarasota Youth Sailing Inc?
Sarasota Youth Sailing Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.sarasotayouthsailing.org
Learn more at the official website: www.sarasotayouthsailing.org
Mission Statement of Sarasota Youth Sailing Inc
Sarasota Youth Sailing Inc, established in 1980, holds a mission to motivate, aid, and strengthen instructional sailing programs for juveniles between the ages of 8 and 18. The organization believes that the joys of sailing possess therapeutic benefits for children, serving as a physical and intellectual challenge that fosters self-esteem, team spirit, sportsmanship, and a deep appreciation for the natural environment. By engaging in these sailing programs, young individuals can develop essential life skills and gain a profound connection with the environment.
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Impact
July, 2024
Sarasota Youth Sailing Inc's impact lies in fostering a love for sailing among juveniles aged 8 to 18. By providing instructional sailing programs, the organization not only promotes physical and intellectual challenges but also builds self-esteem, team spirit, sportsmanship, and an appreciation for the natural environment. This therapeutic effect of sailing on children helps in their overall development and growth. Moreover, maintaining a fleet of sailing craft for safety and performance ensures a conducive environment for learning and enjoyment.
This information is meant to be a general summary of Sarasota Youth Sailing 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: $9,621
- Program Service Revenue: $270,378
- Gross Receipts: $516,829
Assets and Liabilities:
- Total Assets: $654,208
- Total Liabilities: $5,044
- Net Assets: $649,164
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TUITION
Revenue
$270,378
Organization Details
Founding Year
1980
Phone
(941) 504-4236Principal Officer
David Hillmyer
Main Address
PO BOX 2706, SARASOTA, FL, 34230
Website
www.sarasotayouthsailing.orgNTEE Category
Code: N67Z - Recreation
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