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Education : Youth Education Programs and Services

Center for Wooden Boats

Changing lives one boat at a time.

two stars

73.75

1010 Valley Street Seattle, WA 98109
tel: (206) 382-2628   Web Site
EIN: 91-1061721

Board Leadership
Emil Anderson
President

CEO
Josh Anderson
Executive Director

  Score
(out of 100)
Rating
Overall Score & Rating 73.75 two stars
  Financial 74.54 two stars
  Accountability & Transparency 73.00 two stars
This rating was published 05/01/2020 and includes data from FY2018, the most recent 990 received at that time.

The Center for Wooden Boats (CWB) is a hands-on maritime museum serving residents and visitors to the Northwest's Puget Sound region. The CWB mission is "to provide a gathering place where maritime history comes alive through direct experience and our small craft heritage is enjoyed, preserved, and passed along to future generations".
- CWB envisions a future where lives are enriched with the knowledge of where we fit into the continuum of history and human experience by collecting, preserving and telling the story of wooden small craft and maritime culture.
- CWB envisions a future where every child has the confidence to pursue their full potential by providing challenging physical and mental experiences in wooden small craft.
- CWB envisions a future where people of all ages use their hands and minds to connect to their culture and their physical world by making maritime craft and skills education a lifelong experience.
- CWB builds community and creates access to the water

The Center for Wooden Boats (CWB) is a hands-on maritime museum serving residents and visitors to the Northwest's Puget Sound region. The CWB mission is "to provide a gathering place where maritime history comes alive through direct experience and our small craft heritage is enjoyed, preserved, and passed along to future generations".
- CWB envisions a future where lives are enriched with the knowledge of where we fit into the continuum of history and human experience by collecting, preserving and telling the story of wooden small craft and maritime culture.
- CWB envisions a future where every child has the confidence to pursue their full potential by providing challenging physical and mental experiences in wooden small craft.
- CWB envisions a future where people of all ages use their hands and minds to connect to their culture and their physical world by making maritime craft and skills education a lifelong experience.
- CWB builds community and creates access to the water

Impact Information

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This impact information is current as of March 2020, when it was provided to us by GuideStar. At this time, Impact information published on this organization's page has no effect on its rating per our methodology.

Financial

two stars

74.54

Accountability & Transparency

two stars

73.00

This rating was published 05/01/2020 and includes data from FY2018, the most recent 990 received at that time.
Overall Rating Chart
  Program Expenses
(Percent of the charity's total expenses spent on the programs
and services it delivers)
64.4%
  Administrative Expenses 21.2%
  Fundraising Expenses 14.3%
  Fundraising Efficiency $0.10
  Working Capital Ratio (years) 5.56
  Program Expenses Growth 1.9%
  Liabilities to Assets 6.1%
All data for Financial Performance Metrics calculations was provided by Center for Wooden Boats on recent 990s filed with the IRS.
All data for Financial Performance Metrics calculations was provided by Center for Wooden Boats on recent 990s filed with the IRS.

Highly Rated

Charity Name & State Overall Score Overall Rating
Center for Wooden Boats (WA) 73.75 two stars
Shake-A-Leg Miami (FL) 85.12 three stars
IslandWood (WA) 90.83 four stars
Wilderness Inquiry (MN) 97.94 four stars
Sea Education Association (MA) 87.47 three stars

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REVENUE  
Contributions  
   Contributions, Gifts & Grants $419,502
   Federated Campaigns $0
   Membership Dues $73,425
   Fundraising Events $187,049
   Related Organizations $0
   Government Grants $0
Total Contributions $679,976
   Program Service Revenue $675,796
Total Primary Revenue $1,355,772
   Other Revenue $6,529
TOTAL REVENUE $1,362,301
   
EXPENSES  
   Program Expenses $928,126
   Administrative Expenses $310,751
   Fundraising Expenses $189,013
TOTAL FUNCTIONAL EXPENSES $1,427,890
   
Payments to Affiliates $0
Excess (or Deficit) for the year $-65,589
   
Net Assets $8,250,455

Program names and associated costs are listed for the top programs as reported on the charity's most recently filed Form 990. The top programs displayed will include the largest three programs, or those programs covering at least 60% of the charity's total expenses, whichever comes first.

Program Name Amount Spent % of Program Expenses
Education and Service $928,126 100.0%

Ratings History

Form 990 FYE Date Published Overall Score Overall Rating
CN 2.1
2018-12 05/01/2020 73.75 two stars
2017-12 07/01/2019 75.20 two stars
2016-12 08/01/2017 73.42 two stars
2014-12 06/01/2016 83.60 three stars
 
CN 2.0
2013-12 07/01/2015 91.12 four stars
2012-12 05/01/2014 90.75 four stars
2011-12 02/01/2014 74.28 two stars
2011-12 04/01/2013 73.59 two stars

The data displayed on this tab is provided by the IRS in the form of Publication 78 and the Business Master File (BMF).

EIN 91-1061721
Name in IRS Master File CENTER FOR WOODEN BOATS
NTEE Code N50
NTEE Classification Recreational, Pleasure, or Social Club
NTEE Type Recreation, Sports, Leisure, Athletics
Classification Educational Organization
Subsection 501(c)(3)  (View the list of codes)
Activities (60) Museum, zoo, planetarium, etc.
(61) Library
(994) Described in section 170(b)1)(a)(vi) of the Code
Foundation Status Organization which receives a substantial part of its support from a governmental unit or the general public   170(b)(1)(A)(vi)
Deductibility Contributions are deductible
Affiliation Independent - the organization is an independent organization or an independent auxiliary (i.e., not affiliated with a National, Regional, or Geographic grouping of organizations).
Group Name [Not Applicable]
Ruling Date April, 1979
Filing Requirement 990 (all other) or 990EZ return
Fiscal Year End December
IRS Forms 990
(provided courtesy of Foundation Center)
(Log In or Register Now to View Forms 990!)
  • December, 2017
  • December, 2016
  • December, 2014
  • December, 2013
  • December, 2012
Compensation % of Expenses Paid to Title
$108,337 7.58% Brandt Faatz Executive Director

Highly Rated

Charity Name & State Overall Score Overall Rating
Center for Wooden Boats (WA) 73.75 two stars
Birthright Israel Foundation (NY) 87.62 three stars
NYC Outward Bound Schools (NY) 92.77 four stars
Shake-A-Leg Miami (FL) 85.12 three stars
Sea Education Association (MA) 87.47 three stars

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Charity Contact Info

Center for Wooden Boats
1010 Valley Street
Seattle, WA 98109
tel: (206) 382-2628
fax: (206) 382-2699
EIN: 91-1061721

Visit Web Site

Board Leadership

Emil Anderson
President

CEO

Josh Anderson
Executive Director

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