Blue Water Surrender
Nonprofit profile at a glance
- EIN
- 201281542
- IRS 990-EZ coverage
- 2012–2024
- Forms available
- Form 990 2019, Form 990-EZ 2024, Form 990-N 2011
- Location
- Tavernier, FL, USA
- Phone
- 3055877144
- Rating
- 67
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Human Service Organizations
Reported finances
- Revenue
- $168,995
- Expenses
- $127,129
- Assets
- $376,205
- Liabilities
- $1,000
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
5 people listed
People named in this filing
- GAIL GORDON (Executive Dir.)
- TED GORDON (SEC/TREAS/DIR)
- Robert Onsguard (Director)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Use sailing vessels as educational training platforms, while engaging in humanitarian relief efforts around the globe.
What it reported doing in 2024
1 To provide goods and services to disadvantaged people in diverse locations.2 To take troubled youth from our society on sea voyages where they will have the opportunity to learn responsibility, skills, gain respect for self and others, while serving as a team and serving others.
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
- Transfer-based 990-EZ. The 990-EZ reports grants or member benefits, but it does not separate enough spending to show the nonprofit’s full delivery mix.
The verdict
SUPPORTED - The filed numbers largely add up and program spending has grown recently. A relatively small share of available resources goes toward mission work and liabilities are high compared with assets.
Rating breakdown
- Financial Efficiency: 37
- Transparency & Controls: 100
- Sustainability: 76
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 58.8%; rating input score 59
- Program expense ratio: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
Sustainability
- Operating margin: 24.8%; rating input score 79; 79th percentile among comparable filings
- Total-asset coverage ratio: 2.96; rating input score 89; 89th percentile among comparable filings
- Liabilities to assets ratio: 0; rating input score 48; 48th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 63; 63rd percentile among comparable filings
Growth
- Program expense growth: 2% per year; rating input score 100; 36th percentile among comparable filings
- Revenue growth: 6.3% per year; rating input score 100; 53rd percentile among comparable filings
- Asset growth: 1.4% per year; rating input score 100; 32nd percentile among comparable filings
Details
- Where the money goes: 58.8% of revenue deployed
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment
- Leadership: top reported pay $0 · 5 people listed
- Consistency: 6 of 6 current checks pass
- Schedules: 3 filed schedules
- Filing history: 10 filing years from 2012 to 2024
- Contacts: How to reach this organization
- Money network: Resolved incoming and outgoing counterparties from filed money flows.
- 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.
- Review — Financial Efficiency: Mission deployment rate scored 59/100.
- Moderate — Sustainability: Liabilities to assets ratio scored 48/100.