Overview
What is Tall Ship Providence Foundation?
The Tall Ship Providence Foundation is a nonprofit organization situated in Alexandria, Virginia, at 201 N Union Street Suite 110. Their primary focus is to educate and entertain visitors about the significance of Providence, the first ship authorized for service in the Continental Navy, during the American Revolution. The foundation serves as a floating classroom, where individuals, once they "make their mark," become part of the Continental Navy. Guided by a fellow sailor in colonial attire, guests embark on a tour, visiting various parts of the ship, including the quarterdeck, main deck, Captain's Cabin, and the hold. After the tour, visitors enter the Naval History Theater to watch the film "Providence: Dawn of the U.S. Navy." The Tall Ship Providence Foundation's mission is to preserve maritime heritage and share its history, fostering an appreciation of the past on Alexandria's waterfront. The foundation employs a team of 27 individuals in achieving its objectives.
Official website here: www.tallshipprovidence.org
What are the reviews and ratings of this charity?
Charity Navigator Rating 77% - Three-Star out of Four Star Rating
The Tall Ship Providence Foundation has received a Three-Star rating from Charity Navigator, indicating a solid level of accountability and financial health. The rating is primarily based on the organization's performance in accountability and finance, where it scored 77%. This score reflects a strong commitment to transparency and responsible financial practices, including the absence of material diversions of assets and the presence of essential policies such as conflict of interest and whistleblower protections.
Strengths of the foundation include a high program expense ratio of 72.20%, demonstrating that a significant portion of its resources directly supports its mission. Additionally, the organization exhibits strong governance with an independent board comprising 66% independent members, ensuring diverse oversight. The working capital ratio is notably high at 3.84 years, indicating good financial stability and liquidity.
However, there are some areas for improvement, particularly in fundraising efficiency, where the organization scored only $0.01. This suggests a need for enhanced strategies in raising funds to support its programs. Overall, while the Tall Ship Providence Foundation shows commendable accountability and financial management, improving fundraising efforts could further enhance its impact.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about Tall Ship Providence Foundation?
90% of the 11 reviewers on Facebook recommend the Tall Ship Providence Foundation. Here’s a summary of their insights:
The foundation is praised for its effort to enhance the historical significance of the Alexandria waterfront, contributing positively to local tourism and community pride. Reviewers believe that this initiative not only adds cultural value but also promotes civic engagement among the residents.
Overall, supporters feel that the foundation is successfully fulfilling its mission to revitalize and celebrate maritime history, making it a worthwhile cause in the community.
This AI summary has been generated from reviews found on Facebook.
Is Tall Ship Providence Foundation legitimate?
Tall Ship Providence Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Tall Ship Providence Foundation 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: $149,033
Professional Fundraising Fees: $0
Other Salaries and Wages: $239,439
For more financial information, click here
Official website here: www.tallshipprovidence.org
What is the mission statement of Tall Ship Providence Foundation?
The Tall Ship Providence Foundation's mission is centered around education and entertainment, primarily focusing on historical context. Their mission statement can be summarized as aiming to enlighten visitors about the significant role Providence and the Continental Navy played during the American Revolution. The Maritime Heritage Center, serving as a floating museum and classroom, is instrumental in achieving this goal. The foundation's interactive and educational tours onboard the reproduction of the first Continental Navy ship, Providence, engage guests, turning them into "newest recruits" in the Continental Navy. The educational experience continues with a visit to the quarterdeck, main deck, Captain's Cabin, and the hold. After disembarking, guests delve deeper into the history with a film in the Naval History Theater. In essence, the Tall Ship Providence Foundation's mission is to bring the past to life, educating and entertaining visitors about the pivotal role of Providence and naval warfare during the American Revolution.
Official website here: www.tallshipprovidence.org
Who is the CEO of Tall Ship Providence Foundation?
Clair S Sassin is the Chair of Tall Ship Providence Foundation. The CEO's salary of Tall Ship Providence Foundation is $149,033 and their total compensation is $149,033.
Official website here: www.tallshipprovidence.org
What is the revenue of Tall Ship Providence Foundation?
Tall Ship Providence Foundation's revenue in 2022 was $4,773,820.
Official website here: www.tallshipprovidence.org
Who are the executives of Tall Ship Providence Foundation and what are their salaries?
The average compensation at Tall Ship Providence Foundation during 2022 was $14,388. There are 27 employees at Tall Ship Providence Foundation.
Here are 7 key members and their salaries (Tall Ship Providence Foundation's CEO's salary is $149,033 and their total compensation is $149,033):
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $149,033
- Related: $0
- Other: $0
Official website here: www.tallshipprovidence.org
Where can I find the form 990 for Tall Ship Providence Foundation?
Tall Ship Providence Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.tallshipprovidence.org
Learn more at the official website: www.tallshipprovidence.org
Mission Statement of Tall Ship Providence Foundation
The Tall Ship Providence Foundation, a dedicated organization, is committed to enlightening and engaging its guests by showcasing the significant role Providence and the Continental Navy played in the American Revolution. Their primary mission, as a floating museum and classroom, is to bring history to life on the waterfront. Through interactive and educational tours, guests are transformed into new recruits in the Continental Navy, each assigned a role aboard the ship. Once aboard, visitors have the opportunity to explore various parts of the Providence, including the quarterdeck, main deck, Captain's Cabin, and the hold, all while learning about the ship's history and the role of Captain John Paul Jones. After the tour, guests are invited to the Naval History Theater to watch the film "Providence: Dawn of the U.S. Navy," further immersing them in this captivating period of American history. The Tall Ship Providence Foundation's mission is to make history come alive, offering an engaging and informative experience for all who embark on this journey through time.
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Impact
July, 2024
The Tall Ship Providence Foundation makes a significant impact by serving as a unique and engaging educational platform. Through its interactive tours and educational programs, the Foundation brings history to life by showcasing the pivotal role of Providence and the Continental Navy in the American Revolution. Visitors not only learn about historical events but also actively participate in the experience by becoming "recruits" in the Continental Navy, immersing themselves in the rich maritime heritage of the era. By providing an engaging and informative learning environment, the Foundation inspires a deeper appreciation for history and the importance of maritime traditions.
This information is meant to be a general summary of Tall Ship Providence Foundation. 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: -$396
- Program Service Revenue: $89,848
- Gross Receipts: $4,776,908
Assets and Liabilities:
- Total Assets: $5,101,475
- Total Liabilities: $1,609,578
- Net Assets: $3,491,897
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Tours and events
Revenue
$89,848
Organization Details
Founding Year
2017
Phone
(703) 915-1600Principal Officer
Clair S Sassin
Main Address
201 N Union Street Suite 110, Alexandria, VA, 22314
Website
www.tallshipprovidence.orgNTEE Category
Code: A80 - Arts
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