Overview
What is Young American Sailing Academy Inc?
Young American Sailing Academy Inc, a 501(C)(3) organization based in Rye, New York, is dedicated to nurturing amateur sailing competitions. Their primary focus is to develop a new generation of offshore sailors, both male and female, through an offshore sailing academy. The academy provides coaching and opportunities for high school-aged sailors to enhance their skills in big boats and offshore racing. The sailors participate in inshore and coastal races from early May to late September, utilizing the J/105 Young American vessel for training and competition. The academy's mission extends beyond sailing, aiming to develop well-rounded individuals with robust character.
Official website here: www.yasailing.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 97% (Four-Star out of Four Stars)
Young American Sailing Academy Inc has received a commendable Four-Star rating from Charity Navigator, reflecting a strong commitment to accountability and financial transparency. The charity's high score is based solely on its performance in accountability and finance, indicating a robust operational framework and effective management practices.
The organization demonstrates exemplary governance, with a fully independent board consisting of three members. It has no reported issues regarding the diversion of assets, and it adheres to best practices by maintaining clear policies on conflicts of interest, whistleblower protections, and document retention. The presence of documented board meeting minutes further enhances its transparency.
Financially, the charity allocates a significant portion of its budget to program expenses, with approximately 76.48% directed towards its mission-related activities. Additionally, its liabilities are low compared to assets, which suggests a stable financial position. Overall, Young American Sailing Academy Inc appears to be a well-managed nonprofit with a solid reputation for accountability.
This AI summary has been generated from information found on Charity Navigator.
Is Young American Sailing Academy Inc legitimate?
Young American Sailing Academy Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Young American Sailing Academy 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: $0
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Official website here: www.yasailing.org
What is the mission statement of Young American Sailing Academy Inc?
The Young American Sailing Academy Inc's mission is centered around fostering amateur sports competition, specifically offshore sailing. They aim to cultivate a new generation of skilled and confident offshore sailors, both male and female, within the United States. The organization promotes participation in both national and international sailing events and qualifies under IRC Section 501(C)(3). Through rigorous offshore sailing, young sailors develop robust character. The Academy's vision is to educate and develop a new generation of USA-based offshore sailors, offering various programs to bring offshore sailing skills to as many young sailors as possible and nurture strong female leaders.
Official website here: www.yasailing.org
Who is the CEO of Young American Sailing Academy Inc?
Peter Becker is the President/Director of Young American Sailing Academy Inc.
Official website here: www.yasailing.org
What is the revenue of Young American Sailing Academy Inc?
Young American Sailing Academy Inc's revenue in 2022 was $34,802.
Official website here: www.yasailing.org
Who are the executives of Young American Sailing Academy Inc and what are their salaries?
Here are 3 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
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- Other: $0
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- Other: $0
Official website here: www.yasailing.org
Where can I find the form 990 for Young American Sailing Academy Inc?
Young American Sailing Academy Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.yasailing.org
Learn more at the official website: www.yasailing.org
Mission Statement of Young American Sailing Academy Inc
Young American Sailing Academy (YASA) is a 501(C)(3) not-for-profit organization with a mission to encourage national and international amateur sports competition. By providing an offshore sailing academy, YASA aims to foster a new generation of skilled and confident offshore sailors, both male and female, in the United States. The organization's vision is to educate and develop these sailors, nurturing them to participate in both national and international sailing events. YASA's multiple programs are designed to bring offshore sailing skills to as many young, Corinthian sailors as possible, while also nurturing strong female leaders. The rigors of offshore sailing at YASA serve as a platform for personal growth and character development, shaping these sailors into well-rounded individuals.
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Impact
August, 2024
Young American Sailing Academy Inc's impact lies in fostering a new generation of offshore sailors, both men and women, through its offshore sailing academy. By providing opportunities for young sailors to gain sea miles, practice skills, and compete in national and international sailing events, the organization is shaping skilled and highly confident individuals with robust character. Through its programs, Young American Sailing Academy is not only developing offshore sailing skills but also promoting strong female leadership within the sport.
This information is meant to be a general summary of Young American Sailing Academy 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: -$5,417
- Gross Receipts: $52,219
Assets and Liabilities:
- Total Assets: $157,330
- Total Liabilities: $7,500
- Net Assets: $149,830
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Organization Details
Founding Year
2018
Phone
(917) 715-1471Principal Officer
Peter Becker
Main Address
375 FOREST AVENUE, RYE, NY, 10580
Website
www.yasailing.orgNTEE Category
Code: N67 - Recreation
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