National Safe Boating Council Inc
- Assets
- $877.2k
- Revenue
- $1.1m
- Investments
- $0.0
- Employees
- 10
- Location
- Clearwater, FL
- Founding
- 01/1975
- Data as of
- 09/2023
- EIN
- 23-7424720
Organization Overview
National Safe Boating Council Inc is located in Clearwater, FL. The organization was established in 1975. According to its NTEE Classification (M40) the organization is classified as: Safety Education, under the broad grouping of Public Safety, Disaster Preparedness & Relief and related organizations. As of 09/2023, National Safe Boating Council Inc employed 10 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. National Safe Boating Council Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 09/2023, National Safe Boating Council Inc generated $1.1m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 2.2% each year. All expenses for the organization totaled $963.9k during the year ending 09/2023. While expenses have increased by 0.6% per year over the past 8 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO PROMOTE AND EDUCATE THE PUBLIC IN SAFE BOATING PRINCIPLES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE NATIONAL SAFE BOATING COUNCIL (NSBC) EXISTS TO MAKE RECREATIONAL BOATING SAFER FOR ALL WHO ENJOY THE WATERWAYS. THE COMMUNITY THEY SERVE INCLUDES ORGANIZATIONS, AGENCIES, AND COMPANIES, AS WELL AS VOLUNTEERS AND INDIVIDUALS, WHO INFLUENCE AND IMPACT RECREATIONAL BOATING SAFETY. THE NSBC ENGAGES ALL ASPECTS OF THE RECREATIONAL BOATING COMMUNITY IN RELEVANT, COMPELLING, AND CONTINUOUS OPPORTUNITIES WHICH IMPROVE SAFETY AND REINFORCE ENJOYMENT OF RECREATIONAL BOATING. THIS INCLUDES CONNECTING WITH, LISTENING TO AND INVOLVING EVERYONE WHO LIVES, WORKS, OR PLAYS WITHIN THE RECREATIONAL BOATING COMMUNITY. THE NSBC PROMOTES THE ADVANCEMENT OF A CULTURAL SHIFT RELATIVE TO SAFE BOATING BEHAVIORS AND LIFE JACKET WEAR TO MINIMIZE THE LOSS OF LIFE, PERSONAL INJURY AND PROPERTY DAMAGE. THE NSBC FOSTERS A BOATING SAFETY CULTURE BY UNITING THE BOATING COMMUNITY, BUILDING ALLIANCES, PROVIDING RESOURCES, EMPOWERING OUR PARTNERS, AND INFLUENCING AND STRENGTHENING PROGRAMMING AND MESSAGING TO RECREATIONAL BOATERS. THE COUNCIL'S ACTIONS PROVE THE VALUE OF ACTIVE MEMBERSHIP, ENCOURAGE INCREASED LEVELS OF COMMITMENT TO SAFE BOATING PRACTICES, AND FUEL EVEN GREATER COLLECTIVE SUCCESS.PROGRAMMING INCLUDES: SAFE BOATING CAMPAIGN - AN OUTREACH MARKETING CAMPAIGN ADVANCING BOATING SAFETY MESSAGING; INTERNATIONAL BOATING AND WATER SAFETY SUMMIT (IBWSS) - AN ANNUAL CONFERENCE HOSTED BY THE NSBC; BOAT ON COURSE - A FREE, ONLINE LEARNING VIDEO SERIES; GET CONNECTED - AN OUTREACH CAMPAIGN EDUCATING POWERBOATERS ON THE USE OF THE ENGINE CUT-OFF SWITCH (ECOS); SKIPPER CLUB - AN ON-WATER POWERBOAT TRAINING PROGRAM GEARED TO A TEEN AUDIENCE, AND MORE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Robert Newsome Chair | OfficerTrustee | 2 | $0 |
Alan Dennison Vice Chair | OfficerTrustee | 2 | $0 |
Stu Gilfillen Past Chair | OfficerTrustee | 2 | $0 |
Elena Yearly Treasurer | OfficerTrustee | 2 | $0 |
Lisa Dugan Secretary | OfficerTrustee | 2 | $0 |
David Broadbent Director | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $747,257 |
| All other contributions, gifts, grants, and similar amounts not included above | $60,952 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $808,209 |
| Total Program Service Revenue | $176,855 |
| Investment income | $26,184 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $10,646 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $39,207 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,061,101 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $129,420 |
| Compensation of current officers, directors, key employees. | $34,021 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $300,612 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $18,110 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $863 |
| Fees for services: Accounting | $23,000 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $7,307 |
| Fees for services: Other | $114,981 |
| Advertising and promotion | $152,557 |
| Office expenses | $36,338 |
| Information technology | $10,538 |
| Royalties | $0 |
| Occupancy | $28,847 |
| Travel | $32,606 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $50,508 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $4,809 |
| Insurance | $8,992 |
| All other expenses | $0 |
| Total functional expenses | $963,856 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $85,468 |
| Savings and temporary cash investments | $66,226 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $14,786 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $16,149 |
| Prepaid expenses and deferred charges | $6,181 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $664,030 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $24,407 |
| Total assets | $877,247 |
| Accounts payable and accrued expenses | $29,044 |
| Grants payable | $0 |
| Deferred revenue | $27,210 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $22,807 |
| Total liabilities | $79,061 |
| Net assets without donor restrictions | $777,279 |
| Net assets with donor restrictions | $20,907 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $877,247 |