Overview
What is Foundation For Underway Experientia L Learning Inc?
Foundation For Underway Experientia L Learning Inc, based in Vineyard Haven, Massachusetts, is a nonprofit organization dedicated to offering life-changing experiences for students. Through their unique college curriculum delivered onboard a world-voyaging sailing ship, they empower youth to contribute positively to the world. Upon completion of the program, students receive their first sea service letter, which can be utilized in obtaining a United States Coast Guard Captain's license. With a team of ten dedicated individuals, this nonprofit provides an experimental learning framework that fosters personal growth and global impact.
Official website here: www.fuelprogram.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 84% (Three-Star out of Four Stars)
The Foundation For Underway Experientia L Learning Inc has earned a three-star rating from Charity Navigator, reflecting a solid level of accountability and finance management. With a score of 90% in the Accountability & Finance category, the organization demonstrates significant strengths, including a fully independent board and a robust financial auditing process. Overall, it exhibits a strong commitment to financial transparency and responsible resource management.
However, while the organization excels in various financial aspects, there are areas for improvement. The Culture & Community score of 79 indicates that while the foundation is performing reasonably well in this area, there are missing policies such as those for conflict of interest and whistleblowing. Addressing these missing elements could enhance the organization's governance and foster trust among stakeholders.
Overall, the foundation's high program expense ratio of 90.15% suggests that a substantial portion of its funding goes directly to program services, which is a positive indicator of its commitment to fulfilling its mission. By focusing on improving its culture and community practices, the Foundation For Underway Experientia L Learning Inc can bolster its overall effectiveness and public perception.
This AI summary has been generated from information found on Charity Navigator.
Is Foundation For Underway Experientia L Learning Inc legitimate?
Foundation For Underway Experientia L Learning Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Foundation For Underway Experientia L Learning 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: $140,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $118,306
For more financial information, click here
Official website here: www.fuelprogram.org
What is the mission statement of Foundation For Underway Experientia L Learning Inc?
The Foundation for Underway Experientia L Learning Inc offers a college curriculum in an experimental setting aboard a sailing ship that voyages around the world. Through these sea voyages, the foundation empowers youth to strive towards improving the world. Their mission, in essence, is to provide students with life-changing journeys that enable them to discover their personal potential through learning. Upon completion of the program, students receive a sea service letter, which can be utilized to obtain a United States Coast Guard captain's license.
Official website here: www.fuelprogram.org
Who is the CEO of Foundation For Underway Experientia L Learning Inc?
Daniel Ian Ridgeway is the Co-Exec Dire of Foundation For Underway Experientia L Learning Inc.
Official website here: www.fuelprogram.org
What is the revenue of Foundation For Underway Experientia L Learning Inc?
Foundation For Underway Experientia L Learning Inc's revenue in 2022 was $1,498,775.
Official website here: www.fuelprogram.org
Who are the executives of Foundation For Underway Experientia L Learning Inc and what are their salaries?
The average compensation at Foundation For Underway Experientia L Learning Inc during 2022 was $25,831. There are 10 employees at Foundation For Underway Experientia L Learning Inc.
Here are 9 key members and their salaries:
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- Compensation: $70,000
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- Compensation: $70,000
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Official website here: www.fuelprogram.org
Where can I find the form 990 for Foundation For Underway Experientia L Learning Inc?
Foundation For Underway Experientia L Learning Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.fuelprogram.org
Learn more at the official website: www.fuelprogram.org
Mission Statement of Foundation For Underway Experientia L Learning Inc
The Foundation For Underway Experientia L Learning Inc, often referred to as FUEL, is dedicated to delivering a unique college curriculum in an experimental setting. This is carried out onboard a world-voyaging sailing ship. By embarking on these sea voyages, FUEL empowers young individuals to contribute positively to the world. The organization's mission is deeply rooted in providing students with life-changing experiences that enable them to unlock their inherent potential through learning. Upon completing the program, students are awarded their first Sea Service Letter, which can be utilized towards obtaining a United States Coast Guard Captain's license.
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Impact
July, 2024
Foundation For Underway Experiential Learning Inc, also known as FUEL, empowers youth to make a positive impact on the world through transformative sea voyages. By offering a unique college curriculum aboard a world voyaging sailing ship, FUEL provides students with life-changing experiences that help them discover their personal potential. Upon completing the program, students receive their first sea service letter, which can be utilized towards obtaining a United States Coast Guard Captain's License. FUEL's innovative approach to education not only equips students with valuable skills but also instills in them the confidence and inspiration to create positive change in their communities and beyond.
This information is meant to be a general summary of Foundation For Underway Experientia L Learning 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: $370,148
- Gross Receipts: $1,498,775
Assets and Liabilities:
- Total Assets: $3,380,593
- Total Liabilities: $26,798
- Net Assets: $3,353,795
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TUITION & FEES
Revenue
$355,920
OPERATING REVENUE - OTHER
Revenue
$14,228
Organization Details
Phone
(508) 560-9237Principal Officer
Daniel Ian Ridgeway
Main Address
75 SUMMER STREET, VINEYARD HAVEN, MA, 02568
Website
www.fuelprogram.orgNTEE Category
Code: B99 - Education
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