Overview
What is The Youth Marine Foundation?
The Youth Marine Foundation, situated in Tacoma, Washington, is a nonprofit organization committed to empowering youth through maritime education. With a mission to provide a waterfront maritime center and related marine training programs, the foundation aims to engage, educate, and inform young individuals about boating, seamanship, and potential careers in the marine industries. By offering these programs, the foundation fosters character development, leadership, and good citizenship in the youth it serves. The organization has successfully supported over 4,300 teenagers, enabling them to acquire seafaring skills and knowledge. The Foundation's team, consisting of five dedicated individuals, is dedicated to enriching the lives of its young community members.
Official website here: www.youthmarinefoundation.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 81% (Three-Star out of Four Stars)
The Youth Marine Foundation has received a Three-Star rating from Charity Navigator, reflecting a strong score of 81% in its Accountability & Finance metrics. This rating indicates a solid financial health and responsible governance, which are crucial for potential donors and stakeholders looking to contribute to a reliable nonprofit organization.
The organization demonstrates significant strengths, particularly in its board governance, with 100% independent board members and excellent policies in place, such as conflict of interest and whistleblower policies. Additionally, there are no reported issues regarding the diversion of assets, and the Foundation maintains a favorable liabilities to assets ratio, which suggests sound financial management.
However, while the overall score is encouraging, the rating is solely based on the Accountability & Finance beacon, which may limit insights into other critical areas such as program effectiveness and impact. Prospective supporters might want to consider these factors when evaluating their potential contributions to the organization.
This AI summary has been generated from information found on Charity Navigator.
Is The Youth Marine Foundation legitimate?
The Youth Marine Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Youth Marine 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: $88,296
Professional Fundraising Fees: $0
Other Salaries and Wages: $54,904
For more financial information, click here
Official website here: www.youthmarinefoundation.org
What is the mission statement of The Youth Marine Foundation?
The Youth Marine Foundation's mission is centered around establishing a waterfront maritime center and offering related maritime training programs for youth. Their primary objective is to engage, inform, and educate both the youth and the public about boating, seamanship, and opportunities within the marine industries. The programs provided by the foundation aim to foster character development, leadership, and good citizenship among the youth they serve. The foundation's activities support youth marine education, allowing approximately 4,300 teenagers to gain seamanship skills and knowledge.
Official website here: www.youthmarinefoundation.org
Who is the CEO of The Youth Marine Foundation?
Tom Rogers is the President of The Youth Marine Foundation.
Official website here: www.youthmarinefoundation.org
What is the revenue of The Youth Marine Foundation?
The Youth Marine Foundation's revenue in 2022 was $1,721,302.
Official website here: www.youthmarinefoundation.org
Who are the executives of The Youth Marine Foundation and what are their salaries?
The average compensation at The Youth Marine Foundation during 2022 was $28,640. There are 5 employees and 100 volunteers at The Youth Marine Foundation.
Here are 9 key members and their salaries:
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- Related: $82,531
- Other: $5,766
Official website here: www.youthmarinefoundation.org
Where can I find the form 990 for The Youth Marine Foundation?
The Youth Marine Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.youthmarinefoundation.org
Learn more at the official website: www.youthmarinefoundation.org
Mission Statement of The Youth Marine Foundation
The Youth Marine Foundation is committed to fulfilling its mission by establishing a waterfront maritime center and offering related maritime training programs for youth. Through these initiatives, the organization aims to engage, inform, and educate both the youth and the public about various aspects of boating, seamanship, and the opportunities available in the marine industries. The programs provided by The Youth Marine Foundation serve to foster character development, leadership, and good citizenship in the young individuals they serve. By offering these experiences, approximately 4,300 teenage youth have been given the chance to gain seamanship skills and knowledge.
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Impact
July, 2024
The Youth Marine Foundation has made a significant impact by providing support for youth marine education in Tacoma, Washington. Through their maritime training programs, approximately 4,300 teenage youth have been given the opportunity to experience and acquire seamanship skills and knowledge. These programs not only educate young individuals about boating and seamanship but also offer opportunities to build character, leadership, and good citizenship. The foundation's efforts have contributed to the personal and professional development of the youth they serve, making a positive impact on the community as a whole.
This information is meant to be a general summary of The Youth Marine 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: $4,733
- Program Service Revenue: $92,880
- Gross Receipts: $1,780,836
Assets and Liabilities:
- Total Assets: $4,018,372
- Total Liabilities: $755,650
- Net Assets: $3,262,722
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PROGRAM SERVICES
Revenue
$92,880
Organization Details
Founding Year
1991
Phone
(253) 572-2666Principal Officer
Tom Rogers
Main Address
820 EAST D STREET, TACOMA, WA, 98421
NTEE Category
Code: O40Z - Youth development
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