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Schooner Martha Foundation

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 911785967 ✦ Seattle, WA ✦ Designated as a 501(c)(3)

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Overview

What is Schooner Martha Foundation?

The Schooner Martha Foundation is a nonprofit organization dedicated to preserving and utilizing the historic yacht, Schooner Martha. In a typical year, around 500 individuals have the opportunity to explore the vessel through tours. Beyond this, the foundation offers sail training to adults and at-risk youth from local districts. In the recent fiscal year '22/'23, 42 individuals benefited from this initiative.


Official website here: www.schoonermartha.org

Is Schooner Martha Foundation legitimate?

Schooner Martha Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Schooner Martha Foundation submitted a form 990EZ, 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.


Official website here: www.schoonermartha.org

What is the mission statement of Schooner Martha Foundation?

The Schooner Martha Foundation's primary mission involves the restoration, operation, and maintenance of the historic yacht, Schooner Martha. Beyond this, the organization offers sail training opportunities to both adults and at-risk youth from local districts. In the fiscal year of 2022-2023, they served a total of 42 individuals through this program. The foundation also hosts tours on the Schooner Martha, welcoming approximately 500 visitors annually.


Official website here: www.schoonermartha.org

Who is the CEO of Schooner Martha Foundation?

Robert D'Arcy is the Executive Director of Schooner Martha Foundation.


Official website here: www.schoonermartha.org

What is the revenue of Schooner Martha Foundation?

Schooner Martha Foundation's revenue in 2023 was $73,949.


Official website here: www.schoonermartha.org

Who are the executives of Schooner Martha Foundation and what are their salaries?


Here are 9 key members and their salaries:


Robert D'Arcy (Executive Director)
  • Compensation: $2,707
  • Related: $0
  • Other: $0
Sonia Frojen (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Adam Henley (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kristen Huntley (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kathleen Knoblock (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Todd Knoblock (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Peter Marshall (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Janice Pedersen (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ollie Pedersen (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.schoonermartha.org

Where can I find the form 990EZ for Schooner Martha Foundation?

Schooner Martha Foundation's most recent form 990EZ was submitted in 2023 and can be accessed here.


Official website here: www.schoonermartha.org

Learn more at the official website: www.schoonermartha.org

Mission Statement of Schooner Martha Foundation

The Schooner Martha Foundation is committed to preserving and managing the historic yacht Schooner Martha. Its mission involves restoring, operating, and maintaining this vessel, offering a unique experience for approximately 500 individuals who embark on tours each year. Beyond its touristic purpose, the foundation also extends its services to at-risk youth from local districts. By providing sail training, it equips these young individuals with valuable skills, serving a total of 42 youngsters in the recent fiscal year. The Schooner Martha Foundation's mission is to not only safeguard a piece of nautical history but also to contribute positively to the lives of vulnerable youth, offering them an opportunity for personal growth and development through sailing.

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Impact




August, 2024

The impact of the Schooner Martha Foundation can be seen in the restoration, operation, and maintenance of the historic yacht Schooner Martha. In the past year, approximately 500 people have boarded the Schooner Martha for tours, experiencing the rich history and beauty of this vessel. Additionally, the foundation's sail training programs have provided valuable learning opportunities for 42 adults and at-risk youth from the local district. Through these initiatives, the foundation is preserving maritime heritage and offering transformative experiences to individuals in the Seattle area.




This information is meant to be a general summary of Schooner Martha 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.

Revenue
$73,949 (2023)
Expenses
$135,975 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $392
  • Program Service Revenue: $6,200
  • Gross Receipts: $73,949

Assets and Liabilities:

  • Total Assets: $234,195
  • Total Liabilities: $2,648
  • Net Assets: $231,547

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Organization Details

Principal Officer

Robert D'Arcy

Main Address

3518 FREMONT AVE N 303, SEATTLE, WA, 981038814

NTEE Category

Code: A80 - Arts

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