Overview
What is Stuart Sailfish Club Foundation Inc?
Stuart Sailfish Club Foundation Inc is a nonprofit organization based in Stuart, Florida, with a small team of five dedicated individuals. Their primary mission is to promote community-based tag and release fishing tournaments, fostering a culture of conservation for game fish. Through these tournaments, the foundation aims to create a platform for education and community awareness regarding environmental issues related to oceans and inland waterways. In 2022, they successfully organized five such events, furthering their cause and engaging the local community in conservation efforts.
What are the reviews and ratings of this charity?
Rating from Charity Navigator: 94%, Four-Star out of Four Star rating.
The Stuart Sailfish Club Foundation Inc has received a strong rating of 94%, indicating a high level of accountability and financial health. This score is derived from their impressive performance in various financial metrics, reflecting their commitment to transparency and effective governance. The organization maintains an independent board with all 10 members being independent, signaling a robust structure aimed at avoiding conflicts of interest.
In terms of financial management, the foundation has a low liabilities to assets ratio of 17.26% and an exceptional program expense ratio of 92.91%, which means that the majority of their funds are directed towards their programs rather than administrative costs. Policies regarding accountability, such as conflict of interest and whistleblower protections, are properly documented and in place, further underscoring their commitment to ethical operations.
While the overall metrics are strong, it is essential for potential donors and stakeholders to consider the foundation's mission and programs to understand how effectively they address the community's needs. However, based on the financial data available, the Stuart Sailfish Club Foundation Inc demonstrates a solid foundation of financial integrity and responsible governance.
This AI summary has been generated from information found on Charity Navigator.
Is Stuart Sailfish Club Foundation Inc legitimate?
Stuart Sailfish Club Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Stuart Sailfish Club 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: $66,756
For more financial information, click here
What is the mission statement of Stuart Sailfish Club Foundation Inc?
The Stuart Sailfish Club Foundation Inc is dedicated to promoting community tag and release fishing tournaments, as well as providing education and community awareness about environmental issues related to ocean and inland waterways. Their mission is geared towards fostering a greater understanding of the importance of conservation for game fish. In 2022, they held a total of five community fishing tournaments to support their cause.
Who is the CEO of Stuart Sailfish Club Foundation Inc?
Charlie Conigliaro is the President of Stuart Sailfish Club Foundation Inc.
What is the revenue of Stuart Sailfish Club Foundation Inc?
Stuart Sailfish Club Foundation Inc's revenue in 2022 was $166,917.
Who are the executives of Stuart Sailfish Club Foundation Inc and what are their salaries?
The average compensation at Stuart Sailfish Club Foundation Inc during 2022 was $13,351. There are 5 employees and 20 volunteers at Stuart Sailfish Club Foundation Inc.
Here are 8 key members and their salaries:
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- Compensation: $11,400
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Where can I find the form 990 for Stuart Sailfish Club Foundation Inc?
Stuart Sailfish Club Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Stuart Sailfish Club Foundation Inc
The Stuart Sailfish Club Foundation Inc, a dedicated organization, is committed to promoting community tag and release fishing tournaments and raising awareness about environmental issues concerning ocean and inland waterways. By organizing these tournaments, the Foundation aims to foster a conservation-focused approach towards game fish, ensuring their sustainable existence for future generations. In addition to these events, the Foundation also provides educational programs to increase community awareness of the environmental challenges facing our waterways, with the ultimate goal of fostering responsible and sustainable fishing practices.
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Impact
June, 2024
The impact of Stuart Sailfish Club Foundation Inc is significant in promoting community tag and release fishing tournaments and raising awareness about environmental issues related to ocean and inland waterways. Through a total of five community fishing tournaments held in 2022, the organization has been actively involved in promoting the conservation of game fish and fostering a sense of responsibility towards marine ecosystems. Stuart Sailfish Club Foundation Inc's mission to educate and engage the community in environmental conservation efforts aligns with their commitment to protecting the environment and preserving marine life for future generations.
This information is meant to be a general summary of Stuart Sailfish Club 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: $3,044
- Program Service Revenue: $84,639
- Gross Receipts: $166,917
Assets and Liabilities:
- Total Assets: $299,832
- Total Liabilities: $51,762
- Net Assets: $248,070
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Tournament Income
Revenue
$84,639
Organization Details
Founding Year
2016
Phone
(772) 286-9373Principal Officer
Charlie Conigliaro
Main Address
3867 SE Evans Terrace, Stuart, FL, 34997
NTEE Category
Code: C30 - Environment
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