Wooden Boats For Veterans
- Assets
- $40.4k
- Revenue
- $143.0k
- Investments
- $0.0
- Employees
- 0
- Location
- Sausalito, CA
- Founding
- 06/2014
- Data as of
- 12/2021
- EIN
- 46-4194065
Organization Overview
Wooden Boats For Veterans is located in Sausalito, CA. The organization was established in 2014. According to its NTEE Classification (W99) the organization is classified as: Public & Societal Benefit N.E.C., under the broad grouping of Public & Societal Benefit and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Wooden Boats For Veterans is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, Wooden Boats For Veterans generated $143.0k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 23.1% each year . All expenses for the organization totaled $310.0k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDED SAILING TRIPS TO VETERANS ABOARD VALIANT, A 45' SLOOP BASED IN SAUSALITO, CALIFORNIA.
RESTORATION OF CLOVER, A 68' SAILING VESSEL, FOR FUTURE OPERATION IN VETERANS' SUPPORT AND AWARENESS ACTIVITIES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Patrick Mulcahy Director | 12 | $0 | |
John Withers Director | 16 | $0 | |
Peter Engler Director | 4 | $0 | |
Terence B Moran President | 20 | $0 | |
Peter Cross Director | 4 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $143,013 |
| Interest on Savings | $0 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $143,013 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $310,042 |
| Total operating and administrative expenses | $310,042 |
| Contributions, gifts, grants paid | $0 |
| Total expenses and disbursements | $310,042 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $25,349 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $83 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $15,005 |
| Total assets | $40,437 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $200,000 |
| Other liabilities | $0 |
| Total liabilities | $200,000 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Wooden Boats For Veterans has recieved totaling $40,230.
| Awarding Organization | Amount |
|---|---|
American Online Giving Foundation Inc Newark, DE PURPOSE: GENERAL SUPPORT | $37,730 |
Levison-Levy Charitable Trust San Francisco, CA PURPOSE: THE CLOVER PROJECT | $2,500 |
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|---|---|---|
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Changelab Solutions Oakland, CA | $15,746,986 | $13,606,627 |
Spur-San Francisco Bay Are Planning And Urban Research Association San Francisco, CA | $18,179,408 | $7,467,044 |
East Bay Innovation Academy Oakland, CA | $2,595,879 | $8,649,182 |
Equality California Institute Los Angeles, CA | $3,410,779 | $5,992,471 |
Palo Alto Public Improvement Corporation Palo Alto, CA | $158,763,344 | $1,679,598 |
Vermont Village Human Services Corporation Los Angeles, CA | $28,001,792 | $4,364,948 |
Folded Flag Foundation Inc Las Vegas, NV | $11,013,213 | $5,308,956 |
Greater Reno Community Ice Skating Association Reno, NV | $10,174,749 | $2,449,166 |