Civic Intelligence

Young Mariners Foundation Inc

990 • Fiscal year 2013 • EIN 06-1427077

Sep 01, 2012 to Aug 31, 2013 • Filed on Jul 14, 2014

151 Harvard AvenueStamford, CT 06902
Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

48th percentile

0.04x

Higher debt load relative to assets than 48% of similar nonprofits.

2013 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2013

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on this filing.

Source year 2013

Net Margin

Score unavailable

No value available

Net margin requires both revenue and expenses on this filing.

Source year 2013

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2013

Asset Growth

46th percentile

0.9%

Faster asset growth than 46% of similar nonprofits.

2013 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2012 to 2013

Revenue Growth

Score unavailable

No value available

No valid filing value is available for this score.

Assets

Up

$762,716

Up $6,695 (+0.9%) from 2012

Net Assets

Up

$729,124

Up $40,662 (+5.9%) from 2012

Liabilities

Down

$33,592

Down $33,967 (-50%) from 2012

Revenue

Up

$407,403

Up $49,442 (+14%) from 2012

Expenses

Up

$367,698

Up $24,394 (+7.1%) from 2012

Net Income

Up

$39,705

Up $25,048 (+171%) from 2012

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$1.0M$500K$0Assets 2011: $703,857Liabilities 2011: $59,016Net Assets 2011: $644,8412011Assets 2012: $756,021Liabilities 2012: $67,559Net Assets 2012: $688,4622012Assets 2013: $762,716Liabilities 2013: $33,592Net Assets 2013: $729,1242013Assets 2014: $788,098Liabilities 2014: $41,877Net Assets 2014: $746,2212014Assets 2015: $855,466Liabilities 2015: $60,885Net Assets 2015: $794,5812015

Highlighted filing

2013

Assets$762,716
Liabilities$33,592
Net Assets$729,124

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$600K$400K$200K$0-$200KExpenses 2011: $353,5652011Revenue 2012: $357,961Expenses 2012: $343,304Net Income 2012: $14,6572012Revenue 2013: $407,403Expenses 2013: $367,698Net Income 2013: $39,7052013Revenue 2014: $388,299Expenses 2014: $390,594Net Income 2014: -$2,2952014Revenue 2015: $423,520Expenses 2015: $352,157Net Income 2015: $71,3632015

Highlighted filing

2013

Revenue$407,403
Expenses$367,698
Net Income$39,705
Jump To
Filing Snapshot
Filing Period
Sep 1, 2012 to Aug 31, 2013
Signed
Jul 14, 2014
Return Version
2012v2.1
Gross Receipts
$439,311
Mission and Program Overview

Mission

Young Mariners Foundation is dedicated to increasing academic and life skills achievement of low income and at-risk students through after-school enrichment and summer sailing programs.

Major Activities

Activity 2
Greenwich Young Mariners is an experiential, hands-on learning program, in sail boats on the water, designed to positively influence social and learning skills, especially for children from economically deprived households in the Greenwich area.
Activity 3
Young Mariners Afterschool Enrichment Program is a STEM-based experiential education intervention that teaches swimming, first aid and basic waterfront skills to under-served and at-risk children in the Stamford and Greenwich area.
Filing and Contact Details

Filer

EIN
06-1427077
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IRS990/ActivityOther/Description0The Fall Sailing Program is offered to Blue Water Bound students who wish to extend their sailing experience and skills. It is offered on designated weekends for a fee in September/October and staffed by the Blue Water Bound instructors and interns. Normally about 20 participants register for this program which takes place in the Boccuzzi Park at Southfield location.The Young Mariners Foundation added community sailing and kayak and paddleboard programs in 2012 to its roster of program services. These programs offer the community access to the limited waterfront resources in the Stamford area. The community sailing program is offered during the spring and fall months and the kayak and paddleboard program is offered during the summer months.
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