Nauticus DBA Nauticus Foundation

“The financial manager and the executive committee review preliminary drafts of the form 990. Once the 990 is in final draft form, it will be approved by the executive committee and distributed, on request, to members of the full board of directors.”

“Board of directors are reminded that all conflicts of interest need to be disclosed and are given the conflict of interst policy at the annual meeting.”

“Foundation makes the governing documents, conflict of interest policy, and financial statements available to the public upon request. Tax returns are also available for public inspection through guide star.”

“Entertainment/promotional: program service expenses 50,192. Management and general expenses 5,946. Fundraising expenses 6,563. Total expenses 62,701. Educational training and supplies: program service expenses 55,759. Management and general expenses 2,042. Fundraising expenses 2,320. Total expenses 60,121. Marine supplies: program service expenses 42,679. Management and general expenses 2,875. Fundraising expenses 0. Total expenses 45,554. Consultants: program service expenses 2,080. Management and general expenses 40,170. Fundraising expenses 1,762. Total expenses 44,012. Program expenses: program service expenses 23,365. Management and general expenses 5,119. Fundraising expenses 5,787. Total expenses 34,271. Rental equipment: program service expenses 21,975. Management and general expenses 636. Fundraising expenses 192. Total expenses 22,803. Uncollectible promises to give: program service expenses 14,174. Management and general expenses 3,901. Fundraising expenses 0. Total expenses 18,075. Dues & subscriptions: program service expenses 6,046. Management and general expenses 7,138. Fundraising expenses 1,083. Total expenses 14,267. Taxes and licenses: program service expenses 9,927. Management and general expenses 527. Fundraising expenses 0. Total expenses 10,454. Miscellaneous: program service expenses 2,911. Management and general expenses 6,713. Fundraising expenses 26. Total expenses 9,650. Event sponsorship: program service expenses 1,698. Management and general expenses 6,348. Fundraising expenses 0. Total expenses 8,046. Maintenance and repair: program service expenses 5,343. Management and general expenses 1,464. Fundraising expenses 0. Total expenses 6,807. Utilities: program service expenses 93. Management and general expenses 3,870. Fundraising expenses 0. Total expenses 3,963. Training: program service expenses 680. Management and general expenses 1,810. Fundraising expenses 970. Total expenses 3,460.”

“The foundation's executive committee is responsible for oversight of the audit, review of its financial statements and selection of the independent accountant.”