Share |

Newport Harbor Sailing Foundation

 4041 MacArthur Blvd., #310
 Newport Beach, CA 92660
[P] (949) 400-9811
[F] --
www.nhsailingfoundation.org
[email protected]
Warren Person
FOUNDED: 1997
INCORPORATED: 1997
 Printable 1 Page Summary
 Printable Profile
Organization DBA --
Former Names --
Organization received a competitive grant from the community foundation in the past five years No
Employer Identification Number 33-0759152 00000

Summary


--

Mission StatementMORE »

The Newport Harbor Sailing Foundation helps young sailors who aspire to be the best in the world gain practical skills, sustain solid teamwork, persevere through challenges, and aim for worthy goals as they mature to adulthood.

Your financial support helps young sailors and teams in the Newport Bay compete in champtionship regattas throughout America and the world, tapping opportunities they simply would not have without meaningful financial assistance. You help young people chase their dreams.

Mission Statement

The Newport Harbor Sailing Foundation helps young sailors who aspire to be the best in the world gain practical skills, sustain solid teamwork, persevere through challenges, and aim for worthy goals as they mature to adulthood.

Your financial support helps young sailors and teams in the Newport Bay compete in champtionship regattas throughout America and the world, tapping opportunities they simply would not have without meaningful financial assistance. You help young people chase their dreams.

FinancialsMORE »

Fiscal Year 2014
Projected Expenses $200,000.00
Projected Revenue $230,000.00

ProgramsMORE »

  • High School Sailing

Revenue vs. Expense ($000s)

Expense Breakdown 2013 (%)

Expense Breakdown 2012 (%)

Expense Breakdown 2011 (%)

For more details regarding the organization's financial information, select the financial tab and review available comments.


Overview


Mission Statement

The Newport Harbor Sailing Foundation helps young sailors who aspire to be the best in the world gain practical skills, sustain solid teamwork, persevere through challenges, and aim for worthy goals as they mature to adulthood.

Your financial support helps young sailors and teams in the Newport Bay compete in champtionship regattas throughout America and the world, tapping opportunities they simply would not have without meaningful financial assistance. You help young people chase their dreams.

Background Statement

We consistently provide $100,000 per year to our cause, all locally raised. We are a strictly local organization, committed to the Newport Beach area and to implementing our mission in a simple, direct manner. All NHSF members are community volunteers. NHSF pays no salaries and its Board members accept no wages.

Financial support from NHSF includes Newport High School and Corona Del Mar High School, which consistently rank among the nation's top 10 sailing teams. NHSF provides similar support to Mater Dei in Santa Ana and Sage Hill School in Newport Coast. Another key beneficiary is the Pacific Coast Interscholastic Sailing Foundation, which helped more than 750 high school students in 2013 alone. NHSF grants also strengthen club sailing programs at UC Irvine and Chapman University.
 
With financial help from NHSF, local young sailors thus can participate in diverse, ambitious sailing programs. Many have further benefited by receiving priority admission to such colleges and universities as Yale, Princeton, Stanford and Georgetown. All gain the invaluable life lessons of rigorous sailing: teamwork, self-discipline, time management and problem solving skills, respect and understanding of others and the many blessings of friendships, camaraderie and a global perspective.

Impact Statement

Our sailors range in age from 12 to 35, and NHSF grants have made it possible for more than 1,000 of these amateur sailors to compete in California, America and internationally.

Needs Statement

We gratefully accept cash donations of any amount, and you can be assured that virtually your entire contribution will be devoted to sailing and program grants. You can also be sure your information stops with us. 
 
We believe in donor privacy, and do not disclose names to any other organization. 
 
We invest and allocate our money prudently. We generally ask our grant recipients to provide half of the money they need to sail competitively.
 
Also see Financial section.

CEO Statement

Warren Person fulfills this role. As with all Foundation members, he does so voluntarily. Working for 25 years as a local business owner and resident, Warren has been involved and committed to NHSF since 2007.

Board Chair Statement

We are a 100% voluntary organization, with overhead that consists of postage, letterhead, website development and insurance. No one serving on NHSF is compensated financially. Your donations go straight to the sailors.

Other Ways to Donate/Volunteer

Mail in a check

Go to www.nhsailingfoundation.org and make credit card donation. 
 
Please consider participating in our golf tournament. Enter the 2014 Skipper Dick tournament, which commemorates the late Dick Elliott, whose love of ocean and sailing was a lifelong journey. We welcome new and returning participants to a great day April 28, 2014, at the Newport Beach Country Club. 

Geographic Area Served

South Orange County
South Orange County. Our charter limits us to supporting sailors who make Newport Bay their home.

Organization Categories

  1. Recreation & Sports - Amateur Sports Competitions
  2. Youth Development - Youth Development-Citizenship
  3. -

--

Programs


High School Sailing

We support all local high school sailing teams that practice out of the bay.
Budget  $20,000
Category  Recreation & Sports, General/Other Boating
Population Served Adolescents Only (13-19 years) Children Only (5 - 14 years)
Program Short-Term Success  High school sailing in California has exploded! More kids than ever have joined interscholastic teams.
Program Long-Term Success  To have more high school age children that want to sail competitively.
Program Success Monitored By  Our race results tell the story. Generally high school sailing is not supported financially by any school district. It is because of foundations like ours, that sailing is expanding.
Examples of Program Success  The number of kids sailing competitively, and their actual race results.

Management


CEO/Executive Director Warren Person
CEO Term Start 1997
CEO Email [email protected]
CEO Experience --

Former CEOs and Terms

Name Start End
-- -- --

Senior Staff

Name Title Experience/Biography
-- -- --

Awards

Award Awarding Organization Year
-- -- --

Affiliations

Affiliation Year
-- --

External Assessments and Accreditations

External Assessment or Accreditation Year
-- --

Collaborations

--

Staff Information

Number of Full Time Staff 0
Number of Part Time Staff 0
Number of Volunteers 5
Number of Contract Staff 0
Staff Retention Rate % --
Staff Professional Development --

Staff Demographics

Ethnicity African American/Black: --
Asian American/Pacific Islander: --
Caucasian: --
Hispanic/Latino: --
Native American/American Indian: --
Other: --
Other (if specified): --
Gender Female: --
Male: --
Not Specified --

Plans & Policies

Organization has Fundraising Plan? --
Organization has Strategic Plan? Yes
Years Strategic Plan Considers 5
Management Succession Plan Yes
Organization Policies And Procedures Yes
Business Continuity of Operations Plan Yes

Risk Management Provisions

Nondiscrimination Policy --
Whistle Blower Policy Yes
Document Destruction Policy Yes
Directors and Officers Insurance Policy --

Reporting and Evaluations

Management Reports to Board? Yes
CEO Formal Evaluation and Frequency Yes Annually
Senior Management Formal Evaluation and Frequency Yes Annually
Non Management Formal Evaluation and Frequency Yes Annually

Government Licenses

--

CEO Comments

--

Foundation Comments

--

Governance


Board Chair Warren Person
Board Chair Company Affiliation --
Board Chair Term -
Board Co-Chair --
Board Co-Chair Company Affiliation --
Board Co-Chair Term -

Board Members

Name Company Affiliations Status
Richard Emsiek Community Volunteer --
Thomas Linden Community Volunteer --
Warren Person Community Volunteer Voting
Paul Stemler Community Volunteer --
Doug Welsh Community Volunteer --

Constituent Board Members

Name Company Affiliations Status
-- -- --

Youth Board Members

Name Company Affiliations Status
-- -- --

Additional Board Members and Affiliations

Name Company Affiliations Status
-- -- --

Board Demographics

Ethnicity African American/Black: 0
Asian American/Pacific Islander: 0
Caucasian: 5
Hispanic/Latino: 0
Native American/American Indian: 0
Other: --
Other (if specified): --
Gender Female: 0
Male: 5
Not Specified 0

Board Information

Board Term Lengths --
Board Term Limits --
Board Meeting Attendance % 80%
Written Board Selection Criteria No
Written Conflict Of Interest Policy Under Development
Percentage of Monetary Contributions 100%
Percentage of In-Kind Contributions 100%
Board Orientation Yes

CEO Comments

--

Foundation Comments

--

Standing Committees

    --

Financials


Revenue vs. Expense ($000s)

Expense Breakdown 2013 (%)

Expense Breakdown 2012 (%)

Expense Breakdown 2011 (%)

Fiscal Year Jan 01, 2014 to Dec 31, 2014
Projected Revenue $230,000.00
Projected Expenses $200,000.00
Form 990s

2013 2013 990

2012 2012 990

2011 2011 990

2010 2010 990

Audit Documents --
IRS Letter of Exemption

IRS Letter of Determination

Prior Three Years Total Revenue and Expense Totals

Fiscal Year 2013 2012 2011
Total Revenue $194,792 $160,867 $162,127
Total Expenses $136,402 $104,840 $115,522

Prior Three Years Revenue Sources

Revenue By Revenue Source
Fiscal Year 2013 2012 2011
Foundation and
Corporation Contributions
$119,462 $95,858 $82,870
Government Contributions $0 $0 $0
    Federal -- -- --
    State -- -- --
    Local -- -- --
    Unspecified -- -- --
Individual Contributions -- -- --
Indirect Public Support -- -- --
Earned Revenue -- -- --
Investment Income, Net of Losses $19,192 $20,407 $15,536
Membership Dues -- -- --
Special Events $51,732 $52,217 $63,182
Revenue In-Kind -- -- --
Other $4,406 $-7,615 $539

Prior Three Years Expense Allocations

Expense By Type
Fiscal Year 2013 2012 2011
Program Expense $120,383 $93,580 $98,810
Administration Expense $16,019 $11,260 $16,712
Fundraising Expense -- -- $0
Payments to Affiliates -- -- --
Total Revenue/Total Expenses 1.43 1.53 1.40
Program Expense/Total Expenses 88% 89% 86%
Fundraising Expense/Contributed Revenue 0% 0% 0%

Prior Three Years Assets and Liabilities

Assets and Liabilities
Fiscal Year 2013 2012 2011
Total Assets $753,734 $694,936 $643,974
Current Assets $142,432 $105,006 $64,228
Long-Term Liabilities -- -- $4,776
Current Liabilities -- -- $0
Total Net Assets $753,734 $694,936 $639,198

Short Term Solvency

Fiscal Year 2013 2012 2011
Current Ratio: Current Assets/Current Liabilities inf inf inf

Long Term Solvency

Fiscal Year 2013 2012 2011
Long-term Liabilities/Total Assets 0% 0% 1%
Endowment Value --
Spending Policy Income plus capital appreciation
Percentage(If selected) --
Are you currently in a Capital Campaign? Anticipated In 3 Years
Capital Campaign Purpose --
Campaign Goal --
Capital Campaign Dates -
Capital Campaign Raised-to-Date Amount --
Capital Campaign Anticipated in Next 5 Years? --

CEO Comments

We deliver results. We take pride in helping our constituency develop self-reliance, a strong sense of teamwork and life skills that will serve them well in any educational or career path they choose.

Foundation Comments

Summary financial data is per the Form 990s and consultation with the organization. Foundation/corporate and individual contributions are combined under Foundation and Corporation Contributions.

Documents


Other Documents

No Other Documents currently available.