Overview
What is Veterans On The Water?
Veterans On The Water is a nonprofit organization situated in Arlington, Minnesota. Their primary mission is to offer fishing experiences to veterans, disregarding any impairments they may have. The organization successfully organized four such trips, benefiting a total of fifteen veterans. By providing this recreational opportunity, Veterans On The Water aims to contribute positively to the well-being and overall improvement of veterans' lives, fostering a sense of community and camaraderie among them.
Official website here: www.veteransonthewater.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 51% (One-Star out of Four Star rating)
Veterans On The Water has received a low rating of 51%, indicating significant concerns regarding its accountability and financial management practices. While the organization benefits from a fully independent board, there are serious deficits in other areas such as conflict of interest policies and financial transparency, which have negatively impacted its overall score.
The charity does maintain a solid program expense ratio, signaling that it allocates a majority of its funds toward its programs. However, the lack of a documented conflict of interest policy and whistleblower protections raises red flags about governance and oversight. Additionally, the absence of key financial documents on its website further diminishes transparency for potential donors and beneficiaries.
Overall, while Veterans On The Water shows some strengths in its board independence and program funding, the significant gaps in its governance practices and financial disclosures suggest that potential supporters should exercise caution and seek more information before contributing to the organization.
This AI summary has been generated from information found on Charity Navigator.
Is Veterans On The Water legitimate?
Veterans On The Water is a legitimate nonprofit organization registered as a 501(c)(3) entity. Veterans On The Water 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: $0
For more financial information, click here
Official website here: www.veteransonthewater.com
What is the mission statement of Veterans On The Water?
Veterans On The Water's mission is centered around providing an opportunity for veterans to engage in fishing activities, irrespective of any impairments they may have. The organization's primary objective is to offer a therapeutic and recreational outlet for veterans, promoting their overall well-being. Through organized fishing trips, Veterans On The Water aims to create a supportive community where veterans can connect, relax, and enjoy the outdoors. The organization has successfully conducted several trips, benefiting a total of fifteen veterans so far.
Official website here: www.veteransonthewater.com
Who is the CEO of Veterans On The Water?
Steven Gillaspie is the President of Veterans On The Water.
Official website here: www.veteransonthewater.com
What is the revenue of Veterans On The Water?
Veterans On The Water's revenue in 2021 was $31,818.
Official website here: www.veteransonthewater.com
Who are the executives of Veterans On The Water and what are their salaries?
There is 1 key member and their salary:
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.veteransonthewater.com
Where can I find the form 990 for Veterans On The Water?
Veterans On The Water's most recent form 990 was submitted in 2021 and can be accessed here.
Official website here: www.veteransonthewater.com
Learn more at the official website: www.veteransonthewater.com
Mission Statement of Veterans On The Water
Veterans On The Water, a nonprofit organization, is dedicated to offering fishing experiences to veterans, regardless of their physical limitations. Their mission is to provide a recreational outlet that fosters camaraderie and relaxation for veterans, enabling them to partake in this pastime despite any impairments they may have. Through organized trips, Veterans On The Water strives to create memorable experiences for these veterans, benefiting a total of fifteen individuals in their inaugural four outings.
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Impact
August, 2024
Veterans On The Water provides veterans with the opportunity to go fishing regardless of impairments. The organization accomplished four trips that benefitted 15 veterans, offering them a recreational experience that contributes to their well-being and enjoyment. This initiative in Arlington, MN, enables veterans to engage in a relaxing and fulfilling activity that may positively impact their physical and mental health.
This information is meant to be a general summary of Veterans On The Water. 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 2021.
- Gross Receipts: $31,818
Assets and Liabilities:
- Total Assets: $9,221
- Total Liabilities: $27,075
- Net Assets: -$17,854
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Organization Details
Phone
(651) 353-5050Principal Officer
Steven Gillaspie
Main Address
211 W MAIN ST, ARLINGTON, MN, 55307
Website
www.veteransonthewater.comNTEE Category
Code: N50 - Recreation
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