Overview
What is The Boat Company Ltd?
The Boat Company Ltd, based in Ponte Vedra, Florida, is a nonprofit organization that specializes in sponsoring educational boat tours in southeast Alaska. Their mission revolves around raising awareness about the importance of conserving land and marine resources. They emphasize the significance of preserving wildlife habitats, such as those for bears, eagles, deer, wolves, and various species, as well as the watersheds that support six species of salmon and other marine life. The organization takes particular interest in the effects of warming trends on marine life and the glaciers that are rapidly thinning and retreating. They collaborate closely with local and national conservation and environmental organizations, as well as agencies and organizations dealing with fisheries issues. With a team of 15 employees, The Boat Company Ltd aims to educate and inspire their patrons about the importance of preserving Alaska's natural beauty and resources.
Official website here: www.theboatcompany.org/
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement
The Boat Company Ltd has received a Two-Star out of Four Star rating from Charity Navigator, indicating a need for improvement with an overall score of 65%. The organization demonstrates strengths in governance, with 100% of its board members being independent, and it has established several important policies, such as those for conflict of interest and whistleblowing. However, the lack of financial statements significantly impacts its accountability score, highlighting a critical area for growth.
Despite having a good program expense ratio, which indicates that the majority of its funds are directed towards its programs, the organization faces challenges with financial transparency. Specifically, the missing tax documents on its website and a concerning liabilities to assets ratio of 151.37% suggest potential fiscal instability or lack of clarity in financial reporting. These issues may detract from stakeholder confidence and require immediate attention.
Overall, while The Boat Company Ltd shows promise in governance and program spending, the nonprofit must enhance its financial transparency and reporting practices to improve its accountability and overall rating. Addressing these limitations could help bolster trust among donors and supporters.
This AI summary has been generated from information found on Charity Navigator.
Is The Boat Company Ltd legitimate?
The Boat Company Ltd is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Boat Company Ltd 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: $225,480
Professional Fundraising Fees: $0
Other Salaries and Wages: $2,155,909
For more financial information, click here
Official website here: www.theboatcompany.org/
What is the mission statement of The Boat Company Ltd?
The Boat Company Ltd sponsors educational boat tours in various locations, primarily focusing on southeast Alaska. Their mission is to educate people about the importance of conserving the region's land and marine resources. They aim to raise awareness on the adverse effects of global warming on marine life, particularly the thinning and retreating glaciers. The organization collaborates with numerous conservation and environmental groups, as well as fisheries agencies, to address issues concerning the Tongass National Forest and the region's ecosystem. They are committed to the preservation of these resources, recognizing their vital role in maintaining the sustainability of Alaska's fishing industry.
Official website here: www.theboatcompany.org/
Who is the CEO of The Boat Company Ltd?
Hunter H Mcintosh is the President of The Boat Company Ltd.
Official website here: www.theboatcompany.org/
What is the revenue of The Boat Company Ltd?
The Boat Company Ltd's revenue in 2022 was $6,583,013.
Official website here: www.theboatcompany.org/
Who are the executives of The Boat Company Ltd and what are their salaries?
The average compensation at The Boat Company Ltd during 2022 was $158,759. There are 15 employees at The Boat Company Ltd.
Here are 8 key members and their salaries:
- Compensation: $218,626
- Related: $20,000
- Other: $9,999
- Compensation: $0
- Related: $264,000
- 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: $170,793
- Related: $0
- Other: $14,988
- Compensation: $110,022
- Related: $0
- Other: $11,265
Official website here: www.theboatcompany.org/
Where can I find the form 990 for The Boat Company Ltd?
The Boat Company Ltd's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.theboatcompany.org/
Learn more at the official website: www.theboatcompany.org/
Mission Statement of The Boat Company Ltd
The Boat Company Ltd, an organization dedicated to environmental education, sponsors one-week boat tours in the pristine landscapes of southeast Alaska. Their primary mission is to enlighten people about the significance of preserving the region's land and marine resources. The Tongass National Forest, the nation's largest at 16.5 million acres, serves as a backdrop for these educational journeys. This temperate rainforest, Earth's last substantially intact one, is under threat due to warming trends, and The Boat Company Ltd aims to raise awareness about the consequences, particularly on marine life and the rapidly dwindling glaciers.
The organization collaborates with local and national conservation and environmental groups to address issues concerning the Tongass. They are also actively engaged with agencies and organizations dealing with fisheries, a crucial sector in Alaska's economy. The conservation of southeast Alaska's forest and waters, both fresh and salt, is crucial to the survival of the fishing industry, the region's largest private employer. In addition to their tours, The Boat Company Ltd consults with various organizations to advocate for the preservation of this unique ecosystem.
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Impact
June, 2024
The Boat Company Ltd's impact is significant in raising awareness about the importance of conserving land and marine resources, particularly in southeast Alaska's Tongass National Forest. By sponsoring educational boat tours led by trained naturalists, the organization effectively imparts knowledge on the diverse flora and fauna of the region. Additionally, they highlight the critical need to preserve wildlife habitats, watersheds, and marine ecosystems facing the impacts of climate change. Through collaborations with conservation and environmental organizations, The Boat Company Ltd plays a crucial role in advocating for the protection of Alaska's natural environment and engaging the public in sustainable practices.
This information is meant to be a general summary of The Boat Company Ltd. 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: $2,772
- Program Service Revenue: $4,523,608
- Gross Receipts: $6,711,517
Assets and Liabilities:
- Total Assets: $3,159,684
- Total Liabilities: $4,782,901
- Net Assets: -$1,623,217
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Education and Conserva
Revenue
$3,822,380
Charter Tip Income
Revenue
$701,228
Organization Details
Founding Year
1979
Phone
(904) 746-7852Principal Officer
Hunter H Mcintosh
Main Address
320 Town Plaza 130, Ponte Vedra, FL, 32081
Website
www.theboatcompany.org/NTEE Category
Code: C60 - Environment
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