The Boat Company Ltd
- Assets
- $2.9m
- Revenue
- $3.4m
- Investments
- $0.0
- Employees
- 15
- Location
- Ponte Vedra, FL
- Founding
- 02/1980
- Data as of
- 09/2021
- EIN
- 92-0074462
Organization Overview
The Boat Company Ltd is located in Ponte Vedra, FL. The organization was established in 1980. According to its NTEE Classification (C60) the organization is classified as: Environmental Education, under the broad grouping of Environment and related organizations. As of 09/2021, Boat Company Ltd employed 15 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Boat Company Ltd 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, Boat Company Ltd generated $3.4m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (7.8%) each year. All expenses for the organization totaled $2.5m during the year ending 09/2021. As we would expect to see with falling revenues, expenses have declined by (8.3%) per year over the past 6 years. 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 ORGANIZATION SPONSORS BOAT TOURS IN SOUTHEAST ALASKA TO EDUCATE PEOPLE ON THE IMPORTANCE TO CONSERVE OUR LAND AND MARINE RESOURCES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
EACH OF OUR VESSELS CARRIES TRAINED NATURALISTS SPECIALIZING NOT ONLY IN FLORA AND FAUNA, BUT FISHERIES EXPERTISE AS WELL. SCIENCE SAYS THAT TEMPERATE RAINFORESTS ARE MORE BIOLOGICALLY DIVERSE THAN TROPICAL FORESTS. ALTHOUGH MANY OF TONGASS' 8 TO 10 FOOT DIAMETER, 1,000 YEAR-OLD TREES HAVE BEEN CUT, MANY STILL REMAIN. OUR LECTURES STRESS THE IMPORTANCE OF PRESERVING WILDLIFE HABITAT, FOR BEARS, EAGLES, DEER, WOLVES AND A MYRIAD OF OTHER SPECIES, AND THE WATERSHEDS IN THAT HABITAT WHICH ARE HOME TO SIX SPECIES OF SALMON AND OTHER FISHES. WE INFORM OUR CUSTOMERS ABOUT THE EFFECTS THAT WARMING TRENDS ARE HAVING ON MARINE LIFE (WHALES, SEA LIONS, OTTERS, SHELLFISH, ORCAS, ET AL.) AND ESPECIALLY THE GLACIERS THAT ARE QUICKLY THINNING AND RETREATING.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Hunter H Mcintosh President | OfficerTrustee | 60 | $225,480 |
George Gerken Operations Manager | 40 | $175,000 | |
Kathryn Nissley Reservation Director | 40 | $110,022 | |
Winsome D Mcintosh Vice President | OfficerTrustee | 10 | $0 |
Liz Sutherland-Riney Vice President | OfficerTrustee | 5 | $0 |
Thu Pham Jefferson Treasurer | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $2,000,000 |
| Government grants | $1,270,869 |
| All other contributions, gifts, grants, and similar amounts not included above | $50,259 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $3,321,128 |
| Total Program Service Revenue | $0 |
| Investment income | $97 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $8,488 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $3,351,629 |
| 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. | $225,480 |
| Compensation of current officers, directors, key employees. | $78,918 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $834,490 |
| Pension plan accruals and contributions | $21,193 |
| Other employee benefits | $71,812 |
| Payroll taxes | $101,961 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $6,234 |
| Fees for services: Accounting | $80,052 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $16,248 |
| Advertising and promotion | $82,930 |
| Office expenses | $96,847 |
| Information technology | $30,779 |
| Royalties | $0 |
| Occupancy | $62,584 |
| Travel | $89,373 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $9,870 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $166,443 |
| Insurance | $134,354 |
| All other expenses | $30,967 |
| Total functional expenses | $2,450,350 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $439 |
| Savings and temporary cash investments | $754,236 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $8,594 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $9,300 |
| Prepaid expenses and deferred charges | $1,380,109 |
| Net Land, buildings, and equipment | $635,046 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $85,932 |
| Total assets | $2,873,656 |
| Accounts payable and accrued expenses | $2,086,990 |
| 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 | $3,144,911 |
| Total liabilities | $5,231,901 |
| Net assets without donor restrictions | -$2,358,245 |
| Net assets with donor restrictions | $0 |
| 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 | $2,873,656 |
Grants Awarded
Over the last fiscal year, The Boat Company Ltd has awarded $35,000 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
Jacksonville Beach, FL PURPOSE: Environmental education | $25,000 |
Tallahassee, FL PURPOSE: Education | $10,000 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that The Boat Company Ltd has recieved totaling $61,020.
| Awarding Organization | Amount |
|---|---|
Community Foundation For Palm Beach & Martin Counties Inc West Palm Beach, FL PURPOSE: General Support | $42,220 |
Fidelity Investments Charitable Gift Fund Boston, MA PURPOSE: For grant recipient's exempt purposes | $18,800 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
The Longleaf Alliance Inc Andalusia, AL | $2,060,680 | $6,650,783 |
Chattahoochee Nature Center Inc Roswell, GA | $13,716,515 | $6,496,453 |
The Boat Company Ltd Ponte Vedra, FL | $2,873,656 | $3,351,629 |
Good Gifts Foundation Coral Gables, FL | $222,868 | $2,284,169 |
Soil Health Academy Fort Payne, AL | $1,342,075 | $2,090,054 |
The Georgia Association Of Conservation Districts Inc Athens, GA | $1,613,040 | $1,699,101 |
Cleo Institute Inc Miami, FL | $1,163,052 | $1,445,897 |
Enviromental Learning Center Inc Vero Beach, FL | $3,991,841 | $1,360,355 |
Dunwoody Nature Center Inc Atlanta, GA | $2,301,978 | $1,011,856 |
Len Foote Hike Inn Inc Dawsonville, GA | $1,071,982 | $1,001,844 |
Phinizy Center For Water Sciences Inc Augusta, GA | $1,257,044 | $630,947 |
Localecopia Inc Palm Beach, FL | $45,906 | $460,701 |