2024-09-24T12:42:26-05:00 2023-12-31 520807134 GROSSBERG COMPANY LLP 6500 ROCK SPRING DRIVE SUITE 200 BETHESDA MD 20817 990 2023-01-01 541156448 BOATUS FOUNDATION BOAT 8002452628 147 OLD SOLOMONS ISLAND ROAD 513 ANNAPOLIS MD 21401 HEATHER LOUGHEED PRESIDENT 8002452628 2024-09-06 1 0 LEONARD N KIRSCHBAUM P01330245 3015711900 2024-09-05 2023 2024-08-08 14:25:15Z HEATHER LOUGHEED 147 OLD SOLOMONS ISLAND ROAD ANNAPOLIS MD 21401 2861179 0 X WWW.BOATUS.ORG X 1976 MD BOATU.S. FOUNDATION IS AN INNOVATIVE LEADER PROMOTING SAFE, CLEAN, AND RESPONSIBLE BOATING. 8 8 0 8 0 0 2211394 1727425 934391 862920 -59428 -12216 696 13 3087053 2578142 0 0 0 0 1547671 1339654 0 0 375347 2043209 2199461 3590880 3539115 -503827 -960973 2346168 2030650 765359 1313019 1580809 717631 X THE BOATU.S. FOUNDATION IS AN INNOVATIVE LEADER PROMOTING SAFE, CLEAN, AND RESPONSIBLE BOATING. THE FOUNDATION PROVIDES EDUCATIONAL OUTREACH DIRECTLY TO BOATERS AND SUPPORTS PARTNER ORGANIZATIONS NATIONWIDE.WITH MILLIONS OF BOATERS ON THE WATER, OUR AIM IS TO REDUCE ACCIDENTS AND FATALITIES, INCREASE STEWARDSHIP OF OUR WATERWAYS AND KEEP BOATING A SAFE AND ENJOYABLE PASTIME. THE BOATUS FOUNDATION IS A NATIONAL 501(C)(3) NONPROFIT ORGANIZATION. OUR WORK IS PRIMARILY FUNDED BY GRANTS AND INDIVIDUAL DONATIONS. 0 0 474703 261151 ON-WATER TRAINING PROGRAM - IN 2017 THE BOATU.S. FOUNDATION LAUNCHED AN ON-WATER TRAINING COURSE, AIMED AT PROVIDING OPPORTUNITIES FOR THE PUBLIC TO ACQUIRE HANDS ON SKILLS TRAINING ABOARD RECREATIONAL VESSELS. THE PILOT PHASE BEGAN IN 2017 AND HAS STEADILY INCREASED OVER TIME. MORE THAN 8,500 STUDENTS HAVE RECEIVED TRAINING NATIONWIDE WITH 1537 STUDENTS TRAINED IN 2023. THE PROGRAM IS DESIGNED TO ADDRESS THE LACK OF TRAINING OPPORTUNITIES. HANDS ON TRAINING REDUCES RECREATIONAL BOATING ACCIDENTS AND FATALITIES, WHILE ALSO SERVING AS A CATALYST TO THE GROWTH OF THE RECREATIONAL BOATING. 1101241 33781 ONLINE COURSE - THIS PROGRAM PROVIDES A FREE BOATING SAFETY COURSE ON THE INTERNET. ANY BOATER WITH A COMPUTER AND ACCESS TO THE INTERNET CAN TAKE THIS NASBLA APPROVED COURSE AND GAIN VALUABLE SAFETY INFORMATION AND SAFE BOATING SKILLS. A FREE CERTIFICATE MAY BE PRINTED AT A STUDENT'S HOME IF A SCORE OF 80% IS ACCOMPLISHED. THERE WERE 217,689 BOATERS WHO TOOK THE ONLINE COURSE IN 2023. THIS PROGRAM ALSO PROVIDES ADDITIONAL COURSES AVAILABLE ONLINE FOR PURCHASE THERE WERE 1304 PURCHASED COURSES TAKEN IN 2023. 394151 532677 GENERAL EDUCATION AND RESEARCH THE BOATUS FOUNDATION CIRCULATES GENERAL EDUCATION INFORMATION REGARDING BOATING SAFETY, MARINE DEBRIS, AND CLEAN WATER INITIATIVES. OUR DISTRIBUTION EFFORTS INCLUDE PRINTED BROCHURES, NEWSLETTERS, DIRECT EMAIL AND MULTIPLE PUBLIC SPEAKING EVENTS BY STAFF. BOATUS FOUNDATION PARTICIPATES IN LEADERSHIP POSITIONS ON MANY BOATING SAFETY ORGANIZATIONS NATIONWIDE. 736102 35310 KIDS AFLOAT - PROVIDES LOCAL, US BASED NONPROFIT ORGANIZATIONS AN OPPORTUNITY TO APPLY TO PURCHASE KID-SIZED LIFE JACKETS AT A DISCOUNTED RATE OF $5 PER JACKET.EPIRB RENTAL - PROVIDES EMERGENCY POSITION INDICATING RADIO BEACONS AND PERSONAL LOCATOR BEACONS TO BOATERS FOR RENT.FISHING LINE RECYCLING PROGRAM - BUILDS AND PROVIDES FISHING LINE RECYCLING BINS, SIGNAGE AND SUPPORT TO ACTIVE FISHING LOCATIONS ACROSS THE COUNTRY. 736102 35310 2706197 1 1 0 0 0 0 0 0 0 0 1 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 1 17 0 1 0 0 0 0 0 0 0 0 1 0 0 0 X 8 8 0 0 0 0 0 0 0 1 0 0 0 1 1 1 1 1 1 1 1 0 X THE ORGANIZATION 8002452628 147 OLD SOLOMONS ISLAND ROAD 513 ANNAPOLIS MD 21401 JAMES ELLIS TRUSTEE 1.00 X 0 0 0 ROBERT PUTNAM TRUSTEE 1.00 X 0 0 0 JANICE HOBART TRUSTEE 1.00 X 0 0 0 BERNADETTE BERNON TRUSTEE 1.00 X 0 0 0 RUTH WOOD TRUSTEE 1.00 X 0 0 0 BOB ADRIANCE TRUSTEE 1.00 X 0 0 0 RONALD PETERSON TRUSTEE 1.00 X 0 0 0 TAMMY MOORE CHAIRMAN PRESIDENT & COO B 1.00 X X 0 0 0 CHRISTOPHER EDMONSTON PRESIDENT 40.00 X 0 256894 0 TED SENSENBRENNER TREASURER 40.00 X 0 114583 0 AMANDA PEREZ SECRETARY 40.00 X 0 114111 0 HEATHER LOUGHEED PRESIDENT 40.00 X 0 0 0 0 485588 0 0 0 1 0 KEN COOK CO 2855 S CALHOUN RD NEW BERLIN WI 53151 ONLINE COURSE INFRASTRUCTURE DEVELOPMENT 363958 1 54656 1672769 495225 1727425 CERTIFICATE INCOME 900099 532677 532677 COURSE INCOME 900099 294932 294932 EPRIB RENTAL INCOME 532000 20824 20824 MONOFILAMENT INCOME 900099 13186 13186 KIDS AFLOAT PROGRAM 611710 1300 1300 1 1 862920 48656 48656 13 13 67148 155017 74119 208918 -6971 -53901 -60872 -60872 2578142 862919 0 -12202 X 1144807 795886 260253 88668 113793 87245 16517 10031 81054 60962 13140 6952 695715 617265 26566 51884 6766 98 6668 4019 3070 610 339 91675 69256 13909 8510 48304 48002 187 115 7827 7827 18480 18480 430904 344942 50742 35220 2269 1739 324 206 REVENUE SHARING 335059 335059 FLEET MANAGEMENT 207761 159734 29894 18133 COST OF SALES 129522 0 0 129522 INTERNET SUBSCRIPTION 56206 50313 3618 2275 164954 124799 23331 16824 3539115 2706197 457571 375347 127649 110156 13149 121440 31253 37454 149479 164985 1908114 1459914 925532 448200 927550 1057360 171556 91055 2346168 2030650 579470 707453 20909 2647 518480 164980 84439 765359 1313019 X 1565809 717631 15000 0 1580809 717631 2346168 2030650 -960973 97795 0 X X 0 1 X 1 0 X 2309655 1892366 2356326 2211394 1726425 10496166 2309655 1892366 2356326 2211394 1726425 10496166 10496166 74541 91643 71682 45027 48665 331558 351568 575956 810339 934391 863920 3536174 14363898 0.73070 0.75640 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 78312 56510 21802 1829802 1403404 426398 448200 LEASE LIABILITY 84439 84439 X 2675937 97795 97795 2578142 0 2578142 3539115 0 3539115 0 3539115 PART X, LINE 2: EXPLANATION: THE FOUNDATION HAS ANALYZED ITS TAX POSITIONS, AND HAS CONCLUDED THAT NO LIABILITY SHOULD BE RECORDED RELATED TO ANY UNCERTAIN TAX POSITIONS. THE FOUNDATION IS NOT AWARE OF ANY TAX POSITIONS WHICH IT BELIEVES WILL CHANGE MATERIALLY IN THE NEXT TWELVE MONTHS. IF THIS POSITION CHANGES, THE FOUNDATION WILL ASSESS THE IMPACT OF ANY SUCH MATTERS ON ITS FINANCIAL POSITION AND RESULTS OF OPERATIONS. 1 0 0 0 0 0 0 0 0 CHRISTOPHER EDMONSTON PRESIDENT 0 256894 0 0 0 0 0 0 0 0 0 256894 0 0 PART I, LINE 4A CHRIS EDMONSTON $136,370 X 39 495225 SALES PRICE OR FMV 0 0 1 PART I, LINE 32B: EXPLANATION: A THIRD PARTY ORGANIZATION ACCEPTS QUALIFIED BOATS AS DONATIONS ON BEHALF OF BOATU.S. FOUNDATION. UPON RECEIPT OF THE DONATED PROPERTY, THE ORGANIZATION PUTS THE BOAT UP FOR SALE, SELLS THE BOAT, AND REMITS CASH PAYMENTS TO BOATU.S. NET OF FEES AND COMMISSIONS. FORM 990, PART VI, SECTION A, LINE 8B EXPLANATION: THERE ARE NO COMMITTEES WITH AUTHORITY TO ACT ON BEHALF OF THE GOVERNING BODY. FORM 990, PART VI, SECTION B, LINE 11B EXPLANATION: THE FORM 990 IS REVIEWED BY THE CHAIRMAN OF THE BOARD OF TRUSTEES AND THE TREASURER BEFORE IT IS FILED WITH THE IRS. A COPY OF THE 990 IS PROVIDED TO THE BOARD PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C EXPLANATION: IF CONTRACTS ARE TO BE DISCUSSED BY THE BOARD, THE CHAIR ASKS IF ANYONE ON THE BOARD HAS A RELATIONSHIP WITH THAT ENTITY. IF THE ANSWER IS YES, THE MEMBER IS ASKED TO LEAVE THE ROOM WHILE THE CONTRACT IS DISCUSSED AND VOTED UPON. FORM 990, PART VI, SECTION B, LINE 15 EXPLANATION: THE FOUNDATION'S EMPLOYEES ARE LEASED FROM THE BOAT AMERICA CORPORATION. THE HUMAN RESOURCES DIRECTOR OF BOAT AMERICA CORPORATION REVIEWS THE SALARY AND BENEFITS OF OTHER ORGANIZATIONS IN THE AREA AND GIVES THE PRESIDENT OF THE FOUNDATION GUIDELINES ON ACCEPTABLE SALARIES AND BENEFITS. THE CHAIRMAN OF THE BOARD OF TRUSTEES ALSO REVIEWS AND APPROVES COMPENSATION. FORM 990, PART VI, SECTION C, LINE 19 EXPLANATION: THE FOUNDATION'S GOVERNING DOCUMENTS, FINANCIAL STATEMENTS AND POLICIES ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART IX, LINE 11G PRINTING: PROGRAM SERVICE EXPENSES 47,412. MANAGEMENT AND GENERAL EXPENSES 522. FUNDRAISING EXPENSES 378. TOTAL EXPENSES 48,312. PROFESSIONAL: PROGRAM SERVICE EXPENSES 30,918. MANAGEMENT AND GENERAL EXPENSES 3,387. FUNDRAISING EXPENSES 4,732. TOTAL EXPENSES 39,037. CONTRACT FEES: PROGRAM SERVICE EXPENSES 486,570. MANAGEMENT AND GENERAL EXPENSES 22,597. FUNDRAISING EXPENSES 41,525. TOTAL EXPENSES 550,692. CREDIT CARD FEES: PROGRAM SERVICE EXPENSES 52,365. MANAGEMENT AND GENERAL EXPENSES 60. FUNDRAISING EXPENSES 5,249. TOTAL EXPENSES 57,674. FORM 990, PART XII, LINE 2C NO CHANGE IN PROCESS FROM PRIOR YEAR. BOAT AMERICA CORPORATION 147 OLD SOLOMONS ISLAND RD 513 ANNAPOLIS MD 21401 MARINE INSURANCE MD C 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 BOAT AMERICA CORPORATION N 29009 FAIR MARKET VALUE BOAT AMERICA CORPORATION O 1322728 FAIR MARKET VALUE