Overview
What is Davis Island Youth Sailing Foundation Inc?
Davis Island Youth Sailing Foundation Inc is a nonprofit organization based in Tampa, Florida, specifically at 1315 Severn Ave. Their primary mission is to promote sailing among local youth in the Tampa Bay area, fostering independence, self-reliance, and good character. They achieve this through various programs, including sailing lessons, summer camps, and sponsoring amateur regattas. The organization encourages a team spirit among the youth, making each participant feel like the captain of their own ship. During the year ended April 30, 2022, over 175 local youth participated in their activities. With a team of 20 dedicated individuals, Davis Island Youth Sailing Foundation Inc provides a unique, outdoor, water-based learning experience for young people, enabling them to develop vital life skills.
Official website here: www.diysf.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement
The Davis Island Youth Sailing Foundation Inc has received a Two-Star out of Four Star rating with an overall score of 69%. This rating indicates that while the organization performs reasonably well in certain areas, it has significant room for improvement, particularly in accountability and transparency. The foundation has a strong independent board, with 100% of its members being independent, which reflects a solid governance structure.
On the positive side, the organization has demonstrated a healthy program expense ratio of 74.18%, indicating that a substantial portion of its resources is directed towards its programs. Additionally, the organization has no reported material diversion of assets and maintains appropriate documentation of board meeting minutes. However, the lack of financial statements and several missing policies, including conflict of interest and whistleblower policies, raises concerns about the overall transparency and governance practices of the organization.
Despite its strengths, the absence of crucial documents and policies indicates a need for improvement in accountability and financial disclosure. The foundation's failure to post its tax forms on its website and the lack of a document retention policy suggest that there are significant areas where the organization could enhance its operational transparency. Addressing these issues could help build greater trust and credibility with its stakeholders.
This AI summary has been generated from information found on Charity Navigator.
Is Davis Island Youth Sailing Foundation Inc legitimate?
Davis Island Youth Sailing Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Davis Island Youth Sailing Foundation 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: $187,394
For more financial information, click here
Official website here: www.diysf.org
What is the mission statement of Davis Island Youth Sailing Foundation Inc?
The Davis Island Youth Sailing Foundation Inc's mission is centered around providing youth with sailing opportunities. During the summer and spring school breaks, they organize sailing camps. Furthermore, they extend these opportunities year-round through participation in regattas and year-long coaching programs. The aim is to promote sailing as a sport and instill values such as independence and good character in the participating youth. Their programs offer an engaging, outdoor learning experience on the water, often in the company of other young individuals, fostering a sense of camaraderie. As of the year ended April 30, 2022, over 175 local youth participated in their programs.
Official website here: www.diysf.org
Who is the CEO of Davis Island Youth Sailing Foundation Inc?
Cameron Clark is the President of Davis Island Youth Sailing Foundation Inc.
Official website here: www.diysf.org
What is the revenue of Davis Island Youth Sailing Foundation Inc?
Davis Island Youth Sailing Foundation Inc's revenue in 2022 was $607,812.
Official website here: www.diysf.org
Who are the executives of Davis Island Youth Sailing Foundation Inc and what are their salaries?
The average compensation at Davis Island Youth Sailing Foundation Inc during 2022 was $9,370. There are 20 employees and 40 volunteers at Davis Island Youth Sailing Foundation Inc.
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Official website here: www.diysf.org
Where can I find the form 990 for Davis Island Youth Sailing Foundation Inc?
Davis Island Youth Sailing Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.diysf.org
Learn more at the official website: www.diysf.org
Mission Statement of Davis Island Youth Sailing Foundation Inc
Davis Island Youth Sailing Foundation Inc, a nonprofit organization, is dedicated to providing youth with the opportunity to sail. This is achieved through summer and spring school break camps, as well as year-round participation in regattas and coaching programs. The foundation's mission is to foster the sport of sailing among young individuals, promoting independence, self-reliance, and good character in a safe learning environment. Their programs, such as sailing lessons and summer sailing camps, offer an outdoor, on-the-water learning experience with other young people. This unique setting allows each participant to assume the role of the captain of their own ship, providing an enjoyable and engaging way to develop these valuable skills. In the year ending April 30, 2022, over 175 local youth participated in these programs, demonstrating the foundation's success in achieving its mission.
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Impact
July, 2024
The impact of Davis Island Youth Sailing Foundation Inc is significant in promoting the sport of sailing among youth in the Tampa Bay area. By providing sailing lessons, sponsoring summer sailing camps, and organizing amateur regattas, the organization encourages independence, self-reliance, and good character in young individuals. Through their programs, over 175 local youth were able to participate and experience the valuable learning opportunities that sailing provides. Overall, Davis Island Youth Sailing Foundation Inc plays a crucial role in fostering a safe and enjoyable environment for youth to learn and excel in the sport of sailing, helping them develop essential life skills along the way.
This information is meant to be a general summary of Davis Island Youth Sailing 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: $1,657
- Program Service Revenue: $215,336
- Gross Receipts: $609,161
Assets and Liabilities:
- Total Assets: $383,520
- Total Liabilities: $140,123
- Net Assets: $243,397
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
SUMMER LEARN TO SAIL LESSONS
Revenue
$154,582
ANNUAL YOUTH SAILING AUCTION
Revenue
$25,095
TRASH-A-THON
Revenue
$10,889
DIYSF APPAREL EVENT
Revenue
$5,769
PRAM JAM
Revenue
$4,482
Organization Details
Founding Year
1990
Phone
(813) 501-7253Principal Officer
Cameron Clark
Main Address
1315 SEVERN AVE, TAMPA, FL, 33606
Website
www.diysf.orgNTEE Category
Code: N67Z - Recreation
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