Overview
What is Jack London Yacht Club?
The Jack London Yacht Club, based in Kenwood, California, serves as a unique non-traditional yacht club with a mission to promote community development and foster social events, fundraising, and friendly yachting competition. Established in Sonoma County, its purpose is to assist members in becoming proficient in these pursuits and provide a meeting place for mutual exchange of ideas. The club also aims to preserve historical records and artifacts, promote social activities among members, and gather and disseminate relevant information for community activities. One of the Club's signature events is the annual Jack to Jack yacht race, featuring standardized boats that are replicas of Jack London's boat The Snark. However, due to the ongoing COVID-19 pandemic, the race has been postponed. Notably, the Club is committed to supporting local nonprofits and public entities in the Valley of the Moon, Sonoma County, California, to build and engage the community.
Official website here: www.jacklondonyachtclub.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 23%
The Jack London Yacht Club has received a low rating of 23% from Charity Navigator, indicating significant concerns regarding its accountability and financial management. With a Zero-Star out of Four Star rating, it ranks poorly in key areas such as independent board membership and financial sustainability, which raises questions about the overall governance of the organization.
Strengths noted include the absence of material diversion of assets, indicating that the funds are being used as intended. Additionally, the club has implemented certain policies such as a conflict of interest policy and has documented board meeting minutes, which reflect some level of organizational structure. However, the lack of independent board members, a whistleblower policy, and critical financial disclosures on its website highlight significant weaknesses.
Moreover, the club's financial health appears concerning, with a high liabilities-to-assets ratio and a low program expense ratio, suggesting that a large portion of resources may not be directed towards its programs. This raises further questions about the club's effectiveness in fulfilling its mission and serving its community.
This AI summary has been generated from information found on Charity Navigator.
Is Jack London Yacht Club legitimate?
Jack London Yacht Club is a legitimate nonprofit organization registered as a 501(c)(3) entity. Jack London Yacht Club 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.jacklondonyachtclub.org
What is the mission statement of Jack London Yacht Club?
The Jack London Yacht Club, a non-traditional organization, aims to foster community development and camaraderie among its members through social events, fundraising, and friendly yachting competitions. The club serves as a gathering place for its members, encouraging the exchange of ideas and shared interests in community activities. The organization also strives to preserve its historical records and artifacts, disseminate relevant information to its members, and promote intellectual discourse among its members. Moreover, the Jack London Yacht Club supports local nonprofits and public entities, and is dedicated to building community in the Valley of the Moon, Sonoma County, California. The club's primary annual event is the Jack to Jack yacht race, where standardized boats modeled after Jack London's boat The Snark compete in a .7-mile course.
Official website here: www.jacklondonyachtclub.org
Who is the CEO of Jack London Yacht Club?
Jim Burch is the Commodore of Jack London Yacht Club.
Official website here: www.jacklondonyachtclub.org
What is the revenue of Jack London Yacht Club?
Jack London Yacht Club's revenue in 2022 was $67,729.
Official website here: www.jacklondonyachtclub.org
Who are the executives of Jack London Yacht Club and what are their salaries?
Here are 5 key members and their salaries:
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Official website here: www.jacklondonyachtclub.org
Where can I find the form 990 for Jack London Yacht Club?
Jack London Yacht Club's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.jacklondonyachtclub.org
Learn more at the official website: www.jacklondonyachtclub.org
Mission Statement of Jack London Yacht Club
The Jack London Yacht Club, a unique non-traditional yacht club, is dedicated to fostering community development and promoting social events, friendly yachting competitions, and fundraising initiatives. The club's mission encompasses more than just sailing; it aims to create a platform where members can exchange ideas, develop common interests, and engage in community activities.
Beyond sailing, the Jack London Yacht Club serves as a hub for intellectual exchange among its members and those associated with similar pursuits. The club values the preservation of its historical records and artifacts, reflecting its rich heritage. The organization also prioritizes the organization of social activities among its members, fostering a sense of camaraderie and shared interests.
Moreover, the Jack London Yacht Club is committed to supporting local nonprofits and public entities. It strives to build community in Sonoma County, California, through its fundraising efforts and engagement in various community activities. Despite the annual Jack to Jack yacht race being postponed due to the Covid-19 pandemic, the club's spirit of community and support remains unwavering.
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Impact
June, 2024
The Jack London Yacht Club's impact lies in its unique approach to promoting community development and fostering social connections through fundraising, yachting competitions, and social events. By organizing the annual Jack to Jack yacht race and providing a platform for members to engage in friendly competition, the club not only cultivates a sense of camaraderie but also raises funds to support local nonprofits and public entities in the Valley of the Moon, Sonoma County, California. Through its mission of preserving historical records, promoting social activities, and encouraging intellectual exchange among members and other associations, the Jack London Yacht Club plays a vital role in bringing the community together and contributing to the overall well-being of the region.
This information is meant to be a general summary of Jack London Yacht Club. 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.
- Gross Receipts: $67,729
Assets and Liabilities:
- Total Assets: $52,689
- Total Liabilities: $488
- Net Assets: $52,201
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Organization Details
Founding Year
2018
Phone
(707) 484-2601Principal Officer
Jim Burch
Main Address
P O Box 217, Kenwood, CA, 95452
Website
www.jacklondonyachtclub.orgNTEE Category
Code: C99 - Environment
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