American Tall Ship Institute
Nonprofit profile at a glance
- EIN
- 208860766
- IRS 990-EZ coverage
- 2010–2012
- Forms available
- Form 990-EZ 2012, Form 990-N 2007
- Location
- Oxnard, CA, USA
- Phone
- 8053207447
- Rating
- 82
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Museum, Museum Activities
Reported finances
- Revenue
- $198,082
- Expenses
- $178,596
- Assets
- $26,085
Source: IRS Form 990-EZ. Selected filing: tax year 2012. Amounts in USD.
Leadership & pay
6 people listed
Source: IRS Form 990-EZ. Selected filing: tax year 2012. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
To promote knowledge and understanding of the sea, to further purposeful interaction between people and the waters of the Earth, and to provide educational opportunities significant to the Maritime Environment.
What it reported doing in 2012
Boat Building Program - The American Tall Ship Institute's boat building programis directed towards helping gang involved teens develop into responsible empowered adults. The teens learn transferable specialized skills for future job opportunities, practical application of geometry, math and science, project planning, and job site behavior. Not only do they learn the value of manual labor, they develop teamwork, communication and pride in hand building a hard earned wooden rowboat. Once the boat is built, the students learn how to row their very own creation. Serving the Ventura County, California community.
Operating model
- Revenue model
- Cannot be determined from the filing. The filing does not provide enough consistent revenue detail to tell how this nonprofit funds its work.
- Distribution model
- Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
The verdict
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Total assets are small relative to annual expenses; liquid coverage is unknown and the available information about grant readiness automatic revocation leaves an important question unanswered.
Rating breakdown
- Financial Efficiency: 84
- Transparency & Controls: 82
- Sustainability: 35
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 80.7%; rating input score 81
- Program expense ratio: 89.5%; rating input score 89
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: 9.8%; rating input score 65; 65th percentile among comparable filings
- Total-asset coverage ratio: 0.15; rating input score 15; 15th percentile among comparable filings
- Liabilities to assets ratio: Limited
- Officer compensation ratio: Limited
Growth
- Program expense growth: 15.8% per year; rating input score 100; 69th percentile among comparable filings
- Revenue growth: 36% per year; rating input score 100; 88th percentile among comparable filings
- Asset growth: 95% per year; rating input score 100; 97th percentile among comparable filings
Details
- Where the money goes: 80.7% of revenue deployed · 89.5% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 3 filed program accomplishments · $160K in reported program spending
- Leadership: top reported pay $34K · 6 people listed
- Consistency: 7 of 7 current checks pass
- Schedules: 2 filed schedules
- Filing history: 3 filing years from 2010 to 2012
- Money network: 1 filed money-flow record
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
Grant-readiness screening is separate from the live rating, not a measure of program quality. Review the source records before making a grant decision.
- High — Sustainability: Total-asset coverage ratio scored 15/100.
- High — Grant Readiness: Automatic revocation: this organization had its federal tax-exempt status automatically revoked.
- High — Grant Readiness: California registration: this organization is not authorized to operate as a charity in California.