Yachtaid Global
- Assets
- $1.2m
- Revenue
- $389.5k
- Investments
- $0.0
- Employees
- 0
- Location
- Encinitas, CA
- Founding
- 07/2018
- Data as of
- 12/2021
- EIN
- 82-4619135
Organization Overview
Yachtaid Global is located in Encinitas, CA. The organization was established in 2018. According to its NTEE Classification (Q33) the organization is classified as: International Relief, under the broad grouping of International, Foreign Affairs & National Security and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Yachtaid Global 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 12/2021, Yachtaid Global generated $389.5k in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 23.5% each year . All expenses for the organization totaled $386.2k during the year ending 12/2021. 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
YAG PROVIDES UNIFIED HUMANITARIAN AID, CONSERVATION, AND DISASTER RESPONSE LEADERSHIP ACROSS COASTAL COMMUNITIES THROUGH GLOBAL PROGRAMS, LOGISTICS MANAGEMENT AND CONSULTATION WITH PRIVATE YACHTS AND OTHER UNCONVENTIONAL MARITIME ASSETS. OUR SHARED WORK SAVES LIVES, BUILDS STRONGER COASTAL COMMUNITIES, AND HELPS DONORS & BUSINESSES EXPAND THEIR PHILANTHROPIC FOOTPRINT.
Describe the Organization's Program Activity:
Part 3 - Line 4a
DISASTER RESPONSE - THE ORGANIZATION HAS ACCESS TO BOATS, MADE AVAILABLE BY THEIR GENEROUS OWNERS, COMMITTED CREW, AND OTHER RESOURCES ALLOWING THE ORGANIZATION TO ACQUIRE AND TRANSPORT HUMANITARIAN AID TO COASTAL AREAS ACROSS THE GLOBE. THERE IS NO CHARGE TO ANY OF THE AFFECTED POPULATIONS RESULTING FROM THE DELIVERY OF AID BY YAG.
CONSERVATION - RESEARCH AND CONSERVATION OF CRITICAL MARINE LIFE, SWIMWAYS, AND MARINE ENVRIONMENT.
EDUCATION & YOUTH DEVELOPMENT - PROVIDING CHILDREN WITH A RANGE OF EDUCATION OPPORTUNITIES INCLUDING ENVIRONMENTAL EDUCATION, READING, LEARNING TO SWIM & SURF.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Zoran Selakovic Treasurer | OfficerTrustee | 30 | $55,200 |
Mark Drewelow President | OfficerTrustee | 8 | $0 |
Norma Trease Secretary | OfficerTrustee | 5 | $0 |
Michael Rettig Vice President | OfficerTrustee | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $389,487 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $389,487 |
| Total Program Service Revenue | $0 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $389,487 |
| 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 | $59,025 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $55,200 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $240 |
| Fees for services: Accounting | $3,500 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $3,198 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $19,708 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $1,470 |
| All other expenses | $3,760 |
| Total functional expenses | $386,215 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,184,752 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,184,752 |
| Accounts payable and accrued expenses | $14,250 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| 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 | $0 |
| Total liabilities | $14,250 |
| Net assets without donor restrictions | $663,457 |
| Net assets with donor restrictions | $507,045 |
| 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 | $1,184,752 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Yachtaid Global has recieved totaling $80,000.
| Awarding Organization | Amount |
|---|---|
The Arthur M Blank Family Foundation Atlanta, GA PURPOSE: OPERATION VITI - RELIEF & RECOVERY FOR YADUA ISLAND | $50,000 |
Community Foundation Of New Jersey Morristown, NJ PURPOSE: GENERAL SUPPORT | $30,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Good Neighbors Global Partnership Center Tustin, CA | $7,369,016 | $74,277,628 |
Give2asia Oakland, CA | $46,076,655 | $66,536,782 |
International Relief Teams San Diego, CA | $7,706,512 | $52,337,669 |
Armenia Artsakh Fund Inc Northridge, CA | $19,924 | $33,562,642 |
Global Operations And Development- Giving Children Hope Buena Park, CA | $8,064,213 | $30,512,149 |
Eden Reforestation Projects Glendora, CA | $7,036,830 | $26,588,598 |
Mission Without Borders International Camarillo, CA | $12,905,795 | $20,022,100 |
Assist International Inc Ripon, CA | $15,283,547 | $16,657,420 |
Maranatha Volunteers International Inc Roseville, CA | $22,832,161 | $24,229,076 |
Alliance For Medical Outreach And Relief Fresno, CA | $15,431,819 | $11,809,946 |
Iris Global Redding, CA | $6,251,509 | $13,219,595 |
Behring Global Educational Foundation Danville, CA | $225,486,118 | $12,863,733 |