Overview
What is Miami Beach Watersports Center Inc?
Miami Beach Watersports Center Inc, operating as the Miami Beach Rowing Club, is a renowned nonprofit organization situated in Miami Beach, Florida. The primary focus of this organization is to encourage and foster amateur watersports competitions for individuals of various age groups, including adults, youth, students, and underprivileged individuals in South Florida. This promotes physical fitness and health awareness, as well as environmental consciousness, teaching rowers about the importance of maintaining clean waterways and coexisting with marine life such as dolphins and manatees. Additionally, the Miami Beach Rowing Club provides exercise and nutritional education, which contribute to a healthy lifestyle, serving as a crucial tool in the ongoing battle against obesity. Notably, the club boasts a successful track record of sending over three hundred rowers to national and international championships, including prestigious institutions like Harvard, Cornell, Princeton, Stanford, and Boston University. With a team of 19 employees, the Miami Beach Rowing Club continues to promote rowing skills, team concepts, self-confidence, and time management, offering a pathway to collegiate opportunities for its talented alumni.
Official website here: www.rowmiamibeach.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 77% (Three-Star out of Four Star Rating).
Miami Beach Watersports Center Inc has received a solid three-star rating, reflecting an overall score based entirely on its accountability and finance. The charity has demonstrated strengths in having a fully independent board and effective oversight mechanisms, as evidenced by high scores in areas such as financial statements and conflict of interest policies.
However, there are notable limitations. The organization lacks a whistleblower policy and has not made its tax form available on its website, which detracts from its transparency. Additionally, the charity's liabilities to assets ratio of 91.07% indicates potential financial concerns that might affect its long-term sustainability, despite a strong program expense ratio of 91.18%.
This AI summary has been generated from information found on Charity Navigator.
Is Miami Beach Watersports Center Inc legitimate?
Miami Beach Watersports Center Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Miami Beach Watersports Center 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: $74,800
Professional Fundraising Fees: $0
Other Salaries and Wages: $293,524
For more financial information, click here
Official website here: www.rowmiamibeach.com
What is the mission statement of Miami Beach Watersports Center Inc?
Miami Beach Watersports Center Inc's mission is centered around promoting amateur watersports competitions for various groups, including adults, youth, students, and underprivileged individuals. The organization also focuses on promoting health and environmental awareness, emphasizing the importance of maintaining clean waterways. Through their initiatives, they provide exercise and nutrition education, contributing to a healthy lifestyle, which is crucial in combating obesity. Additionally, the center encourages an appreciation for marine life, with dolphins and manatees often serving as companions during water activities. Regular community service is carried out by picking up trash from local waterways, highlighting the impact of the community on marine life.
Official website here: www.rowmiamibeach.com
Who is the CEO of Miami Beach Watersports Center Inc?
Ronald W Shane is the President/Ch of Miami Beach Watersports Center Inc.
Official website here: www.rowmiamibeach.com
What is the revenue of Miami Beach Watersports Center Inc?
Miami Beach Watersports Center Inc's revenue in 2022 was $1,082,577.
Official website here: www.rowmiamibeach.com
Who are the executives of Miami Beach Watersports Center Inc and what are their salaries?
The average compensation at Miami Beach Watersports Center Inc during 2022 was $19,385. There are 19 employees and 50 volunteers at Miami Beach Watersports Center Inc.
Here are 4 key members and their salaries:
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- Related: $0
- Other: $0
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- Other: $0
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- Other: $0
- Compensation: $74,800
- Related: $0
- Other: $0
Official website here: www.rowmiamibeach.com
Where can I find the form 990 for Miami Beach Watersports Center Inc?
Miami Beach Watersports Center Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.rowmiamibeach.com
Learn more at the official website: www.rowmiamibeach.com
Mission Statement of Miami Beach Watersports Center Inc
Miami Beach Watersports Center Inc, with a focus on promoting amateur watersports competition, aims to cater to adults, youth, students, and underprivileged individuals in South Florida. Beyond sports, the organization emphasizes health and environmental awareness, encouraging a healthy lifestyle and educating participants about the importance of clean waterways. The presence of dolphins and manatees serves as a constant reminder of the impact humans have on marine life.
As a community service, Miami Beach Watersports Center Inc engages in regular clean-up activities in local waterways. The center's mission extends beyond watersports, incorporating physical fitness and water safety education for both youth and adults. The Miami Beach Rowing Club, a prominent program within the center, consistently qualifies over three hundred rowers for national and international championships. Training at the state-of-the-art facility with expert coaches enhances rowing skills, teamwork, self-confidence, and time management. The successful programs provide a pathway to collegiate opportunities, with many alumni attending top rowing and academic institutions across the country, including Harvard, Cornell, Princeton, Stanford, and Boston University. One former rower even represented the organization at the London Olympics. The Center reserves all revenue surplus for additional equipment purchases to continue fostering these rowing skills.
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Impact
July, 2024
Miami Beach Watersports Center Inc's impact is significant in promoting and developing amateur watersports competition for individuals in South Florida. Through their programs, they not only foster a love for watersports but also promote health and environmental awareness. By providing exercise and nutritional education, the center contributes to a healthy lifestyle, especially important in the fight against obesity. Additionally, the emphasis on clean waterways and the importance of marine life instills a sense of environmental responsibility in their participants.
The Miami Beach Rowing Club, a part of the center, stands out as one of the top youth programs in the country. It consistently trains rowers who qualify for national and international championships, instilling valuable skills like teamwork, self-confidence, and time management. The success of their programs also opens doors to collegiate opportunities, with alumni finding placements in prestigious institutions across the country. Notably, one of their former rowers even competed in the London Olympics, showcasing the caliber of training provided by the center.
Overall, Miami Beach Watersports Center Inc's efforts leave a lasting impact on the community by promoting physical fitness, water safety, and a deep appreciation for marine environments through their various programs and initiatives.
This information is meant to be a general summary of Miami Beach Watersports Center 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: $367,741
- Gross Receipts: $1,082,577
Assets and Liabilities:
- Total Assets: $904,875
- Total Liabilities: $873,093
- Net Assets: $31,782
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PROGRAM FEES
Revenue
$367,741
Organization Details
Founding Year
1995
Phone
(305) 861-8876Principal Officer
Ronald W Shane
Main Address
6500 INDIAN CREEK DRIVE, MIAMI BEACH, FL, 33140
Website
www.rowmiamibeach.comNTEE Category
Code: Z99 - Unknown
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