Propeller Club of the United States

Nonprofit profile at a glance

EIN
596151383
IRS 990 coverage
2023–2024
Forms available
Form 990 2024, Form 990-EZ 2022
Location
Jacksonville, FL, USA
Phone
9045767228
Rating
77
Verdict
SUPPORTED
Rating confidence
Moderate

Reported finances

Revenue
$255,145
Expenses
$227,917
Assets
$58,689
Liabilities
$0

Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

24 people listed

Executive titles in this filing

  • LINDA CARRION (PRESIDENT)
  • BILL KELLY (VICE PRESIDENT)
  • TANNER LEE (VICE PRESIDENT)
  • MIKE MARLETTE (VICE PRESIDENT)
  • DANIELLE BAGLEY (VICE PRESIDENT)

People named in this filing

  • ANTONIO DONOSO (BOARD OF GOVERNORS)
  • CHARLES DIORIO (BOARD OF GOVERNORS)
  • CONNOR KEAOUGH (BOARD OF GOVERNORS)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

The international propeller club port of jacksonville will promote and support all aspects of the maritime industry while educating legislators and the public related to the importance and necessity of all waterbourne commerce.

What it reported doing in 2024

The international propeller club port of jacksonville strongly advocates for the maritime industry in the port of jacksonville, across the untited states, and abroad. The international properller club port of jacksonville is a business network dedicated to the promotion of commerce, global trade, and the maritime industry. Specific objectives include: -promote and support the american merchant marine and the maritime industries through the collaboration and participation of public relations, education, and goodwill among exporters and importers, and the public in general -deliver awareness to the local community about our rich maritime history in jacksonville -promote safety, security, and improvements on and around the port and surrounding wateways -provide charitable contributions and fundraising events to support local charities and nonprofit -support & develop relationships w/ local student programs to deepen the knowledge & apprec of merchant marine

Operating model

Revenue model
Earned-program. 71% of the money available for current operations came from fees and other program revenue.
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

SUPPORTED - The filed numbers largely add up and a large share of available resources goes toward mission work. Some filing-based governance responses are negative or unanswered and total assets are small relative to annual expenses; liquid coverage is unknown.

Rating breakdown

  • Financial Efficiency: 63
  • Transparency & Controls: 100
  • Accountability: 70
  • Sustainability: 50
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 71.4%; rating input score 71
  • Program expense ratio: 71.6%; rating input score 72
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 64th percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Limited
  • Grant itemization coverage: Limited
  • Major donor itemization: Limited
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
  • Governance controls: 2 of 7 controls in place; rating input score 29
    • Conflict-of-interest policy: Fail
    • Whistleblower policy: Fail
    • Document-retention policy: Fail
    • CEO compensation review process: NotApplicable
    • Other executive compensation review process: NotApplicable
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Missing
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: 10.7%; rating input score 61; 61st percentile among comparable filings
  • Total-asset coverage ratio: 0.26; rating input score 14; 14th percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 80; 80th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 69; 69th percentile among comparable filings

Growth

  • Program expense growth: 0.9% per year; rating input score 100; 34th percentile among comparable filings
  • Revenue growth: 17% per year; rating input score 100; 85th percentile among comparable filings
  • Asset growth: 2.6% per year; rating input score 100; 36th percentile among comparable filings

Details

  • Where the money goes: 71.4% of revenue deployed · 71.6% of spending went to programs
  • Governance: 24 of 24 board members independent · 2 of 7 filing controls reported
  • Programs: 1 filed program accomplishment · $163K in reported program spending
  • Leadership: top reported pay $0 · 24 people listed
  • Consistency: 19 of 19 current checks pass
  • Schedules: 1 filed schedules
  • Filing history: 2 filing years from 2023 to 2024
  • Contacts: How to reach this organization
  • 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.

  • High — Accountability: Governance controls: 4 of 6 not reported.
  • High — Sustainability: Total-asset coverage ratio scored 14/100.