Overview
What is Anchors Aweigh Club Inc?
Anchors Aweigh Club Inc is a nonprofit organization dedicated to addressing issues related to addiction. Based on the information provided, its primary mission is to support individuals struggling with addiction, as well as those who wish to prevent such issues. This is achieved through offering meeting spaces and providing assistance and resources for healing. The organization promotes a holistic approach to addiction, aiming to foster a supportive environment for those seeking help. By doing so, the Anchors Aweigh Club Inc works towards promoting addiction prevention, support, and healing within the community.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 80%, Three-Star out of Four Star rating
Anchors Aweigh Club Inc has received a solid Three-Star rating from Charity Navigator, reflecting an overall score of 80%. This rating indicates a strong level of accountability and financial health, as it is based entirely on the charity's performance in the Accountability & Finance category.
The organization demonstrates a commitment to transparency and good governance, with a fully independent board of directors and no material diversion of assets. The board's structure is robust, with all members being independent, and it effectively documents board meeting minutes. Additionally, the charity maintains a healthy liabilities to assets ratio and a high program expense ratio, ensuring that a significant portion of funds are directed towards its programs.
However, while the financial metrics are commendable, the overview does not provide insights into the organization's programmatic impact or community feedback, which could offer a fuller picture of its effectiveness. Overall, Anchors Aweigh Club Inc appears to be well-managed in terms of finance and governance.
This AI summary has been generated from information found on Charity Navigator.
Is Anchors Aweigh Club Inc legitimate?
Anchors Aweigh Club Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Anchors Aweigh Club 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: $28,027
Professional Fundraising Fees: $0
Other Salaries and Wages: $48,884
For more financial information, click here
What is the mission statement of Anchors Aweigh Club Inc?
The Anchors Aweigh Club Inc is dedicated to promoting addiction support, prevention, and healing. They offer meeting spaces and aid for individuals grappling with addiction issues, as well as for those aiming to prevent addiction. The organization's mission centers around fostering a supportive environment that encourages healing and recovery from addiction.
Who is the CEO of Anchors Aweigh Club Inc?
Leo Waters is the Chairman of Anchors Aweigh Club Inc.
What is the revenue of Anchors Aweigh Club Inc?
Anchors Aweigh Club Inc's revenue in 2022 was $129,778.
Who are the executives of Anchors Aweigh Club Inc and what are their salaries?
The average compensation at Anchors Aweigh Club Inc during 2022 was $25,637. There are 3 employees and 139 volunteers at Anchors Aweigh Club Inc.
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Where can I find the form 990 for Anchors Aweigh Club Inc?
Anchors Aweigh Club Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Anchors Aweigh Club Inc
Anchors Aweigh Club Inc, a dedicated organization, is committed to the mission of promoting addiction support, prevention, and healing. This mission translates into providing a welcoming space for individuals grappling with addiction issues, as well as for those who are passionately invested in addiction prevention and healing. The club's primary objective is to foster an environment that encourages recovery and growth, offering assistance and resources to those in need. By doing so, Anchors Aweigh Club aims to make a significant impact in the fight against addiction, fostering a supportive community where individuals can find the strength to overcome their struggles and embark on a journey towards healing.
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Impact
June, 2024
Anchors Aweigh Club Inc plays a crucial role in providing meeting space and support for individuals struggling with addiction, as well as those interested in addiction prevention and healing. Located in Key West, Florida, the organization's mission is to promote addiction support, prevention, and healing. By offering a safe and welcoming environment for these individuals, Anchors Aweigh Club Inc actively contributes to the mental health and well-being of its community members.
This information is meant to be a general summary of Anchors Aweigh Club 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.
- Program Service Revenue: $39,373
- Gross Receipts: $161,141
Assets and Liabilities:
- Total Assets: $534,288
- Total Liabilities: $3,457
- Net Assets: $530,831
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Organization Details
Founding Year
1991
Phone
(305) 296-7888Principal Officer
Leo Waters
Main Address
404 VIRGINIA ST, KEY WEST, FL, 33040
NTEE Category
Code: F20 - Mental health
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