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Santa Monica Bay Sailing Foundation

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

EIN: 954271678 ✦ Marina del rey, CA ✦ Designated as a 501(c)(3)

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Overview

What is Santa Monica Bay Sailing Foundation?

The Santa Monica Bay Sailing Foundation is a nonprofit organization situated within the Santa Monica area. Its primary objective is to stimulate interest and participation in sailing through the development and funding of innovative programs. This foundation relies on the support of around 400 contributors, catering to individuals of various ages and abilities. By doing so, they aim to promote and nurture the sport of sailing within the Santa Monica Bay area.


Official website here: www.santamonicasailing.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: Not Available

The Santa Monica Bay Sailing Foundation (SMBSF) is highly regarded by its beneficiaries, receiving a perfect rating from reviewers on Great Nonprofits. Users emphasized the foundation's commitment to supporting young sailors across various economic backgrounds, allowing them to learn sailing skills and compete without financial barriers. Volunteer-led, SMBSF operates without any paid staff, showcasing a strong dedication to its mission through community involvement.

Reviews highlight the positive impact SMBSF has on youth participants, particularly through scholarships for sailing programs. One beneficiary shared how the foundation facilitated their growth in sailing, enhancing both skills and self-confidence. The foundation’s focus on inclusivity and accessibility in sailing is a significant strength, as it encourages young individuals to engage in the sport regardless of their financial situation.

While the feedback is overwhelmingly positive, the absence of a Charity Navigator rating may limit some potential donors’ understanding of the foundation’s financial health and operational effectiveness. However, the personal testimonials reflect a strong community trust and a successful track record in empowering youth through sailing experiences, indicating that SMBSF is a valuable resource for the local community.


This AI summary has been generated from information found on Charity Navigator and Great Nonprofits.

Is Santa Monica Bay Sailing Foundation legitimate?

Santa Monica Bay Sailing Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Santa Monica Bay Sailing 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.santamonicasailing.org

What is the mission statement of Santa Monica Bay Sailing Foundation?

The Santa Monica Bay Sailing Foundation's mission is to foster sailing activities within the relevant area by serving as a platform for around 400 benefactors. They aim to develop and finance innovative programs that promote sailing as a sport, catering to a diverse range of qualified individuals of various ages and abilities. The organization's primary objective is to support sailing enthusiasts within the Santa Monica region.


Official website here: www.santamonicasailing.org

Who is the CEO of Santa Monica Bay Sailing Foundation?

Susan Artof is the President of Santa Monica Bay Sailing Foundation.


Official website here: www.santamonicasailing.org

What is the revenue of Santa Monica Bay Sailing Foundation?

Santa Monica Bay Sailing Foundation's revenue in 2022 was $37,952.


Official website here: www.santamonicasailing.org

Who are the executives of Santa Monica Bay Sailing Foundation and what are their salaries?


Here are 4 key members and their salaries:


Susan Artof (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ed Gold (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michele Silverstein (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Vicki Brown (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.santamonicasailing.org

Where can I find the form 990EZ for Santa Monica Bay Sailing Foundation?

Santa Monica Bay Sailing Foundation's most recent form 990EZ was submitted in 2022 and can be accessed here.


Official website here: www.santamonicasailing.org

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

Mission Statement of Santa Monica Bay Sailing Foundation

The Santa Monica Bay Sailing Foundation is committed to fostering sailing in the Santa Monica Bay region. This nonprofit organization serves as a platform for around 400 contributors, who collaborate to conceive and finance initiatives that promote sailing as a sport. The foundation focuses on catering to qualified individuals of all ages and abilities within the Santa Monica area, making sailing accessible to a wide range of people. By providing funding and support for innovative programs, the Santa Monica Bay Sailing Foundation plays a significant role in nurturing the sport of sailing within its community.

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Impact




August, 2024

Santa Monica Bay Sailing Foundation's impact is significant in promoting the sport of sailing within the Santa Monica Bay area. Through the support of approximately 400 contributors, the foundation has been able to develop and fund innovative programs that cater to participants of all ages and abilities. By providing a forum for collaboration and investment in sailing initiatives, the foundation plays a vital role in advancing education and participation in sailing within the Santa Monica community.




This information is meant to be a general summary of Santa Monica Bay Sailing 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
$37,952 (2022)
Expenses
$51,987 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $463
  • Gross Receipts: $37,952

Assets and Liabilities:

  • Total Assets: $225,054
  • Total Liabilities: $0
  • Net Assets: $225,054

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Organization Details

Principal Officer

Susan Artof

Main Address

13900 Palawan Way, Marina Del Rey, CA, 90292

NTEE Category

Code: B99Z - Education

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