Northwest School Of Wooden Boat Building
- Assets
- $5.0m
- Revenue
- $2.0m
- Investments
- $0.0
- Employees
- 22
- Location
- Port Hadlock, WA
- Founding
- 03/1981
- Data as of
- 09/2021
- EIN
- 91-1122839
Organization Overview
Northwest School Of Wooden Boat Building is located in Port Hadlock, WA. The organization was established in 1981. According to its NTEE Classification (A24) the organization is classified as: Folk Arts, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 09/2021, Northwest School Of Wooden Boat Building employed 22 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Northwest School Of Wooden Boat Building 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 09/2021, Northwest School Of Wooden Boat Building generated $2.0m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 4.4% each year. All expenses for the organization totaled $1.5m during the year ending 09/2021. While expenses have increased by 1.0% per year over the past 6 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
THE NORTHWEST SCHOOL OF WOODEN BOATBUILDING (NWSWB) IS A POST-SECONDARY TRADE SCHOOL THAT TEACHES CRAFTSMANSHIP THROUGH BOATBUILDING AT ITS 7-ACRE CAMPUS IN PORT-HADLOCK, WASHINGTON. INCORPORATED AS A NON-PROFIT CORPORATION 40 YEARS AGO, THE SCHOOL HAS TAUGHT OVER 1,700 GRADUATES THE SKILLS REQUIRED TO BUILD AND MAINTAIN BOTH TRADITIONAL AND CONTEMPORARY WOODEN BOATS, AND IN 2018 LAUNCHED ITS NEW PROGRAM TO TEACH MARINE SYSTEMS FOR MARINE TECHNICIANS. THE SCHOOL FULFILLS THREE OVERARCHING GOALS AS DEFINED IN ITS STRATEGIC PLAN: (1) PROVIDING QUALITY EDUCATION AND JOB READINESS (2) PRESERVING AND TEACHING CRAFTSMANSHIP (3) BRINGING VITALITY TO OUR LOCAL COMMUNITY. NWSWB WORKS CLOSELY WITH THE BOATBUILDING INDUSTRY TO ENSURE THAT SKILLS TAUGHT ARE RELEVANT TO CURRENT NEEDS. THE SCHOOL'S POST-SECONDARY DEGREE AND DIPLOMA PROGRAMS ARE APPROVED BY THE WASHINGTON STATE WORKFORCE TRAINING AND EDUCATION BOARD, ACCREDITED BY THE ACCREDITING COMMISSION OF CAREER SCHOOLS AND COLLEGES, APPROVED BY
Describe the Organization's Program Activity:
Part 3 - Line 4a
TRADITIONAL AND CONTEMPORARY WOODEN BOATBUILDING PROGRAMS ARE COMPREHENSIVE 12 MONTH DEGREE PROGRAMS. THE 90 CREDIT AOS DEGREE PROGRAM IN TRADITIONAL WOODEN BOATBUILDING TEACHES STUDENTS TO BUILD A VARITY OF TRADITIONALLY CONSTRUCTED VESSELS AND PREPARES THEM FOR ENTRY-LEVEL EMPLOYMENT OPPORTUNITIES IN THE FIELD OF WOODEN BOAT BUILDING INCLUDING TRADITIONAL BOAT SHOPS, SHIP YARDS, EDUCATIONAL INSTITUTIONS AND MARIITME MUSEUMS. THE 90 CREDIT AOS DEGREE PROGRAM IN COMTEMPORARY WOODEN BOAT BUILDING TEACHES STUDENTS THE MODERN TECHNOLOGY OF WOODEN BOAT CONSTRUCTION THAT IS EMPLOYED BY MANY YACHT MANUFACTURERS AND WOODEN BOAT BUILDERS WHO ARE MELDING THE AESTHETICS OF WOOD WITH THE ADVANTAGE OF HIGH-PERFORMANCE ADHESIVES AND SHEATHING MATERIALS. THIS DEGREE PREPARES THEM FOR ENTRY-LEVEL EMPLOYMENT IN BOAT SHOPS AND VESSEL MANUFACTURING UTILIZING LAMINATING, STRIP- PLANKING, COLD MOLDING, AND OTHER COMPOSITE BOAT BUILDING TECHNIQUES.
THE MARINE SYSTEMS PROGRAM COVERS SUBJECTS INTEGRAL TO BOAT BUILDING AND REPAIR, SUCH AS ELECTRICAL SYSTEMS, CORROSION, DIESEL AND GAS ENGINES, PROPULSION, HYDRAULICS, MARINE PLUMBING AND MARINE HVAC. COMPLETION OF THE 42 CREDIT DIPLOMA PROGRAM PREPARES A STUDENT FOR ENTRY-LEVEL EMPLOYMENT OPPORTUNITIES IN MARINE TRADES WITH AN EMPHASIS ON MARINE SYSTEMS.
TRADITIONAL AND CONTEMPORARY WOODEN BOATBUILDING PROGRAMS ARE COMPREHENSIVE 12 MONTH DEGREE PROGRAMS. THE 90 CREDIT AOS DEGREE PROGRAM IN TRADITIONAL WOODEN BOATBUILDING TEACHES STUDENTS TO BUILD A VARITY OF TRADITIONALLY CONSTRUCTED VESSELS AND PREPARES THEM FOR ENTRY-LEVEL EMPLOYMENT OPPORTUNITIES IN THE FIELD OF WOODEN BOAT BUILDING INCLUDING TRADITIONAL BOAT SHOPS, SHIP YARDS, EDUCATIONAL INSTITUTIONS AND MARIITME MUSEUMS. THE 90 CREDIT AOS DEGREE PROGRAM IN COMTEMPORARY WOODEN BOAT BUILDING TEACHES STUDENTS THE MODERN TECHNOLOGY OF WOODEN BOAT CONSTRUCTION THAT IS EMPLOYED BY MANY YACHT MANUFACTURERS AND WOODEN BOAT BUILDERS WHO ARE MELDING THE AESTHETICS OF WOOD WITH THE ADVANTAGE OF HIGH-PERFORMANCE ADHESIVES AND SHEATHING MATERIALS. THIS DEGREE PREPARES THEM FOR ENTRY-LEVEL EMPLOYMENT IN BOAT SHOPS AND VESSEL MANUFACTURING UTILIZING LAMINATING, STRIP- PLANKING, COLD MOLDING, AND OTHER COMPOSITE BOAT BUILDING TECHNIQUES.
THE MARINE SYSTEMS PROGRAM COVERS SUBJECTS INTEGRAL TO BOAT BUILDING AND REPAIR, SUCH AS ELECTRICAL SYSTEMS, CORROSION, DIESEL AND GAS ENGINES, PROPULSION, HYDRAULICS, MARINE PLUMBING AND MARINE HVAC. COMPLETION OF THE 42 CREDIT DIPLOMA PROGRAM PREPARES A STUDENT FOR ENTRY-LEVEL EMPLOYMENT OPPORTUNITIES IN MARINE TRADES WITH AN EMPHASIS ON MARINE SYSTEMS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Sonja Mathews President | OfficerTrustee | 4 | $0 |
Kathleen Brooker Vice Preside | OfficerTrustee | 4 | $0 |
David Blessing Secretary | OfficerTrustee | 4 | $0 |
James Michael Delagarza Treasurer | OfficerTrustee | 4 | $0 |
Linda Newland Director | Trustee | 1 | $0 |
Lynn Schwarz Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $918,342 |
| All other contributions, gifts, grants, and similar amounts not included above | $575,312 |
| Noncash contributions included in lines 1a–1f | $117,616 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,493,654 |
| Total Program Service Revenue | $409,374 |
| Investment income | $28 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | -$6,235 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $60,876 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $803 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,959,600 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $513,964 |
| Pension plan accruals and contributions | $6,462 |
| Other employee benefits | $88,815 |
| Payroll taxes | $53,030 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $13,753 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $23,425 |
| Office expenses | $4,091 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $3,964 |
| Travel | $5,500 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $120,700 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $105,756 |
| Insurance | $15,304 |
| All other expenses | $120,937 |
| Total functional expenses | $1,533,075 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $488,481 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $5,500 |
| Accounts receivable, net | $9,928 |
| 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 | $1,726 |
| Net Land, buildings, and equipment | $4,227,549 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $14,641 |
| Other assets | $271,484 |
| Total assets | $5,019,309 |
| Accounts payable and accrued expenses | $42,444 |
| Grants payable | $0 |
| Deferred revenue | $233,003 |
| 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 | $1,570,000 |
| Other liabilities | $0 |
| Total liabilities | $1,845,447 |
| Net assets without donor restrictions | $2,943,157 |
| Net assets with donor restrictions | $230,705 |
| 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 | $5,019,309 |
Grants Recieved
Over the last fiscal year, we have identified 8 grants that Northwest School Of Wooden Boat Building has recieved totaling $359,746.
| Awarding Organization | Amount |
|---|---|
M J Murdock Charitable Trust Vancouver, WA PURPOSE: PROGRAM EXPANSION | $114,000 |
Duffey Foundation Inc Steamboat Springs, CO PURPOSE: GENERAL OPERATING EXPENSES FOR A 501(C)(3) ORGANIZATION | $105,000 |
Lucky Seven Foundation Wilmington, DE PURPOSE: PAY IT FORWARD | $65,000 |
Lucky Seven Foundation Wilmington, DE PURPOSE: GENERAL & UNRESTRICTED | $50,000 |
Goodfellow Fund Seattle, WA PURPOSE: ART/EDUCATION | $12,500 |
Maxwell Hanrahan Foundation Portola Valley, CA PURPOSE: TO SUPPORT A PROTHERO INTERN. | $10,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Northwest School Of Wooden Boat Building Port Hadlock, WA | $5,019,309 | $1,959,600 |
Folkwest Incorporated Sisters, OR | $0 | $523,835 |
Peace And Justice Action League Of Spokane Spokane, WA | $349,802 | $373,075 |
Country Dance And Song Society Inc Spokane, WA | $55,316 | $0 |
Portland Folklore Society Portland, OR | $64,189 | $0 |
Mccall Folklore Society Inc Mccall, ID | $19,643 | $0 |
Ancient Ways Scio, OR | $20,679 | $0 |
Idaho International Folk Dance Festival Rexburg, ID | $0 | $0 |
Country Dance & Song Society Inc Boise, ID | $154,040 | $0 |
Center For Contemporary Art & Culture Portland, OR | $1,551,159 | $0 |