Overview
What is The Spaulding Wooden Boat Center?
The Spaulding Wooden Boat Center, located at the foot of Gate 5 Road in Sausalito, California, is a nonprofit organization dedicated to preserving the craft of wooden boat building and repair. With a team of 26 employees, their mission is to serve as a gateway to the traditions and seamanship of wooden boats, welcoming individuals from all backgrounds. Their activities include operating a historic boat facility, where they cultivate and maintain the skills needed to construct and repair these unique watercrafts. This center aims to foster a connection with the past, while also promoting the preservation of this timeless craft for future generations.
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement. Overall score: 63%, earning it a Two-Star out of Four Star rating. This rating indicates that while The Spaulding Wooden Boat Center shows strengths in community engagement and leadership adaptability, there are significant concerns in accountability and financial management.
One of the organization's notable strengths is its perfect score in Culture & Community, reflecting a strong commitment to involving stakeholders and utilizing feedback effectively. Additionally, leadership development is prioritized, contributing to its high ratings in leadership adaptability. However, the lack of independent board members and missing financial transparency documents pose serious questions about governance and accountability.
The financial metrics present mixed results; a decent program expense ratio of 83.88% suggests a focus on mission-related activities. In contrast, the presence of notable liabilities and missing critical policies like whistleblower and document retention indicate a need for improvement in organizational practices. Addressing these issues could enhance the nonprofit's capacity for effective governance and financial integrity.
This AI summary has been generated from information found on Charity Navigator.
Is The Spaulding Wooden Boat Center legitimate?
The Spaulding Wooden Boat Center is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Spaulding Wooden Boat Center 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: $511,992
For more financial information, click here
What is the mission statement of The Spaulding Wooden Boat Center?
The Spaulding Wooden Boat Center's mission is to serve as a gateway, encouraging people from various backgrounds to explore the art of wooden boat construction, preserve traditional boat-building techniques, and enhance seafaring skills. Through the operation of a historic boat-building facility, they aim to preserve and pass on the skills required for repairing and constructing boats.
Who is the CEO of The Spaulding Wooden Boat Center?
Bill Edinger is the President of The Spaulding Wooden Boat Center.
What is the revenue of The Spaulding Wooden Boat Center?
The Spaulding Wooden Boat Center's revenue in 2022 was $1,127,539.
Who are the executives of The Spaulding Wooden Boat Center and what are their salaries?
The average compensation at The Spaulding Wooden Boat Center during 2022 was $19,692. There are 26 employees and 20 volunteers at The Spaulding Wooden Boat Center.
Here are 5 key members and their salaries:
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Where can I find the form 990 for The Spaulding Wooden Boat Center?
The Spaulding Wooden Boat Center's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of The Spaulding Wooden Boat Center
The Spaulding Wooden Boat Center serves as a gateway, encouraging individuals from all backgrounds to explore the art of wooden boat construction, preserve traditional techniques, and deepen their understanding of seafaring. Its primary mission is to facilitate this access, fostering an environment where individuals can learn and engage with the rich history and traditions surrounding wooden boat building. By operating a historic boat building facility and preserving the necessary skills for repair and construction, the center plays a vital role in maintaining this timeless craft.
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Impact
July, 2024
The Spaulding Wooden Boat Center plays a vital role in preserving the art of wooden boat construction, traditions, and seamanship for people of all backgrounds. Through its operation of a historic boat building facility in Sausalito, California, the center maintains the skills necessary to repair and build boats using traditional methods. Its mission is to provide a gateway for individuals to connect with the rich heritage of wooden boat craftsmanship, making it accessible and relevant to a diverse audience. The center's activities not only contribute to the preservation of maritime arts but also serve as a cultural and educational resource for the community.
This information is meant to be a general summary of The Spaulding Wooden Boat Center. 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: $165
- Program Service Revenue: $709,232
- Gross Receipts: $1,261,925
Assets and Liabilities:
- Total Assets: $1,493,364
- Total Liabilities: $182,517
- Net Assets: $1,310,847
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PROGRAM SERVICE REVENUE
Revenue
$709,232
Organization Details
Founding Year
2002
Phone
(415) 332-3179Principal Officer
Bill Edinger
Main Address
FOOT OF GATE 5 ROAD, SAUSALITO, CA, 94965
NTEE Category
Code: A54 - Arts
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