West Coast Seafaring Society

Nonprofit profile at a glance

EIN
841776838
IRS 990-EZ coverage
2019–2024
Forms available
Form 990-EZ 2024
Location
San Rafael, CA, USA
Phone
4157178484
Rating
78
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
History Museums

Official website

Reported finances

Revenue
$28,660
Expenses
$31,380
Assets
$73,124
Liabilities
$0

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

Leadership & pay

3 people listed

Executive titles in this filing

  • JOHN MCNEILL (PRESIDENT)
  • CHARLES HART (EXECUTIVE DIRECTOR)

People named in this filing

  • JOHN MCNEILL (PRESIDENT)
  • A JONATHAN PRICE (SECRETARY/TREASURER)
  • CHARLES HART (EXECUTIVE 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

The mission of the west coast seafaring society is to educate its members and thegeneral public on the west coast's maritime heritage, to develop a knowledgeablecommunity of enthusiasts, and to empower those individuals to perpetuate this livinghistory. We focus on maritime history, heritage boat restoration and preservation, seamanship, sailing traditions, and sailing, and the vital role that maritime arts andtraditions have played in west coast history and culture.

What it reported doing in 2024

Its current primary project is the restoration and preservation in perpetuity of yankee, a 52'wooden sailing schooner built by w.f. Stone in san francisco in 1906.

Operating model

Revenue model
Donor-supported. 100% of the money available for current operations came from contributions and gifts.
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. Revenue has declined or grown slowly and expenses are high relative to revenue.

Rating breakdown

  • Financial Efficiency: 65
  • Transparency & Controls: 100
  • Sustainability: 44
  • Growth: 60

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 67.5%; rating input score 67
  • Program expense ratio: 61.6%; rating input score 62

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: -9.5%; rating input score 31; 31st percentile among comparable filings
  • Total-asset coverage ratio: 2.33; rating input score 69; 69th percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 68; 68th percentile among comparable filings
  • Officer compensation ratio: 28.7%; rating input score 6; 6th percentile among comparable filings

Growth

  • Program expense growth: 43.1% per year; rating input score 100; 92nd percentile among comparable filings
  • Revenue growth: -16.8% per year; rating input score 0; 17th percentile among comparable filings
  • Asset growth: 4.5% per year; rating input score 100; 56th percentile among comparable filings

Details

  • Where the money goes: 67.5% of revenue deployed · 61.6% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $19K in reported program spending
  • Leadership: top reported pay $0 · 3 people listed
  • Consistency: 8 of 8 current checks pass
  • Schedules: 3 filed schedules
  • Filing history: 5 filing years from 2019 to 2024
  • Contacts: How to reach this organization
  • Money network: 1 filed money-flow record
  • Related organizations: Filed and resolved organization relationships.
  • 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 — Growth: Revenue growth scored 0/100.
  • Moderate — Sustainability: Operating margin scored 31/100.
  • High — Sustainability: Officer compensation ratio scored 6/100.