Spirit of America Foundation Inc

What it reported doing in 2024

1.spirit of america foundation program curriculum encompasses and conforms with all american national standards institute (ansi) approved on water, skills-based standards of education - the spirit of america foundation, with completion of over 30 years on the water, announced their educational program curriculum has been verified to meet all of the approved ansi on water skills-based standards of education. In addition we provide the national knowledge-based standards as a part of their program curriculum. The national on water standards (nows) program is dedicated to 'advancing the quality, availability, and consistency of on-water, skills-based instruction in entry-level recreational boat operation'. We provide a curriculum inclusive of and conforming with all current nows standards. In addition, our program also provides drowning prevention and equipment awareness as a part of the mandatory components of our curriculum. Spirit of america foundation may be one of few, if not the only, program available providing a nationally approved standardized curriculum inclusive of all disciplines, sail, human powered, and powered vessels. The spirit of america foundation also provides 6-12 national common core standards of education, physical education, next generation science and infinite components of science, technology, engineering, arts and math (stem). The spirit of america traditional curriculum, as well as other soa programs provided by the foundation, continued to provide a curriculum benefitting young persons all year long, through most of our national host locations as well as through school, home and private schools. Program curriculum is also provided for those with earning differences and physical challenges in a manner unique to anyother program in the united states. The program curriculum is modified to fit the needs of our young students. The traditional program, or for those utilizing components in a stand-alone program, in locations hosting the spirit of america program, may operate at any time of year. Students facing physical and or learning challenges benefit from participating in our standardized nontraditional hands-on curriculum. Our curriculum provides a platform for all students to grow, become more emotionally and physically confident, competent and independent. 2.compasses and companionways .. Preparing everyone for life's voyage the spirit of america foundation continues to provide a curriculum benefitting persons with learning and or physical challenges in a manner unique to any other program in the united states. The program curriculum has evolved to include the traditional standardized curriculum inclusive of all disciplines for all students who can safely participate. The program curriculum and its components are modified by professionals to safely fit the needs of our young students when possible. Operating at any time of year, included in the traditional program or as a stand-alone program, in locations hosting the spirit of america programs, students facing physical and or learning challenges participate in our standardized nontraditional hands-on curriculum which permits all students to grow, becoming more emotionally and physically confident, competent and independent. Students receive a 'certificate of successful completion' after each component has been completed and a certificate of graduation at the end of full program completion. 'no child left at the dock' 3.spirit of america foundation continues to build the national youth boating hall of fame - the spirit of america foundation established the first and only national youth boating hall of fame. Official first recognition was made july 2019 for a very honorable and distinct nomination, acceptance and induction into the spirit of america foundation national youth boating hall of fame. This national honor is been presented to nominees for their truly inspiring dedication to boating and water safety education and the manner in which they have g

Financial Efficiency

• Mission deployment rate: 85.9%; rating input score 86
• Program expense ratio: 84.3%; rating input score 84
• Fundraising efficiency: $78.72 raised per $1 spent on fundraising; rating input score 83; 83rd percentile among comparable filings

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: Yes; rating input score 100
• Related-party transparency: Limited

Accountability

• Independent voting board: 60%; rating input score 60; 17th percentile among comparable filings
• Governance controls: 6 of 8 controls in place; rating input score 75
  • Conflict-of-interest policy: Pass
  • Whistleblower policy: Pass
  • Document-retention policy: Pass
  • CEO compensation review process: Pass
  • 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: -1.9%; rating input score 35; 35th percentile among comparable filings
• Total-asset coverage ratio: 0.45; rating input score 23; 23rd percentile among comparable filings
• Liabilities to assets ratio: 0; rating input score 80; 80th percentile among comparable filings
• Officer compensation ratio: 20.1%; rating input score 19; 19th percentile among comparable filings

Growth

• Program expense growth: 3.4% per year; rating input score 100; 46th percentile among comparable filings
• Revenue growth: 7.9% per year; rating input score 100; 65th percentile among comparable filings
• Asset growth: 6.6% per year; rating input score 100; 54th percentile among comparable filings