NonprofitsAtlantic Challenge Foundation Inc

International, Foreign Affairs & National Security

Atlantic Challenge Foundation Inc

ROCKLAND, ME

Total revenue

$733K

Total expenses

$682K

Net assets

$510K

Grants received

$515K

34 grants

EIN

223132234

Tax year

2024

Mission

The Apprenticeshop is a community that cultivates thinkers, makers, and doers through traditional boat building and seamanship to navigate an ever-changing world.

Programs

2 programs

Sailing youth and adult: From March through October we provide access to the water and our maritime heritage through sailing programs for ages 6 and up. Our programs include: a)Fall and spring High School Sailing; b)Fall Middle School Sailing; c)Youth Summer Sailing Camp, and d)Adult Sailing courses. No previous experience is required and all participants are given the opportunity to develop resilience, self-confidence and resourcefulness while building seamanship skills in a fun and supportive environment. With support from organizations and individuals, we strive to make all our programs accessible regardless of ability to pay.

Expenses: $128K

Jr. Apprenticeship: For local youth in middle and high school, we partner with school districts in the region to offer a Junior Apprenticeship. Students come to The Apprenticeshop during and after school to learn both traditional boatbuilding and seamanship. The centerpiece of the Jr. Apprenticeship is the construction of a traditional Portuguese sailing sardine carrier or Canoa da Picada. While Jr. Apprentices will practice a variety of skills, from shop safety, basic tool use and woodworking to knot tying and rowing, all of the students will contribute to some part of the construction of this large, multi-year project. As with all of our programs, the Jr. Apprenticeship requires collaboration and pushes young people to see what they are capable of, while building resilience, self-confidence, and resourcefulness in the process.

Expenses: $85K

Financials

FY 2024

Revenue

Contributions & grants$490K
Program service revenue$160K
Investment income$14K
Other revenue$70K
Total revenue$733K

Expenses

Grants paid
Salaries & benefits$451K
Fundraising$6K
Other expenses$231K
Total expenses$682K
Total assets$746K
Net assets$510K

People

11 listed

NameRoleCompensation

ISABELLA ZP FERACCI

Executive Dir.

Board

$62K

40 hrs/wk

TIM CLARK

Director

Board

1 hrs/wk

DAVID COCKEY

Director

Board

2 hrs/wk

FRANCIS I BLAIR

Director

Board

1 hrs/wk

JULIA CARLTON

Director

Board

1 hrs/wk

STEVE ANDERSON

Chairman

Board

4 hrs/wk

KEN PRIDE

Vice Chair

Board

1 hrs/wk

LEIGH WILLIAMS

Director

Board

1 hrs/wk

WHITNEY FILES

Treasurer

Board

2 hrs/wk

ROBERT JOHNSTON

Secretary

Board

1 hrs/wk

JENNY GOLD

Director

Board

1 hrs/wk

Grants received

Showing 34 of 34

FromAmountPurposeYear
$30K
Youth Development & Support
2024
$8K
GENERAL SUPPORT
2024
$5K
UNRESTRICTED GENERAL
2024
$5K
GENERAL SUPPORT
2024
$64K
For grant recipient's exempt purposes
2023
$30K
The Apprenticeshop Program Support
2023
$17K
Youth Development Programs
2023
$11K
INTERNATIONAL, FOREIGN AFFAIRS
2023
$5K
GENERAL SUPPORT
2023
$3K
UNRESTRICTED GENERAL
2023
$30K
The Apprenticeshop Program Support
2022
$27K
For grant recipient's exempt purposes
2022
$16K
Youth Development Programs
2022
$10K
Scholarship funding.
2022
$8K
GENERAL SUPPORT
2022
$5K
GENERAL SUPPORT
2022
$3K
UNRESTRICTED GENERAL
2022
$24K
Scholarship funding
2021
$8K
INTERNATIONAL, FOREIGN AFFAIRS
2021
$6K
For grant recipient's exempt purposes
2021
$6K
For grant recipient's exempt purposes
2021
$6K
GENERAL SUPPORT
2021
$5K
GENERAL SUPPORT
2021
$75K
GENERAL SUPPORT
2020
$20K
Youth Development Programs
2020
$19K
Peter M. Leth Memorial Scholarship fund
2020
$12K
For grant recipient's exempt purposes
2020
$10K
Apprenticeshop Program Support
2020
$4K
GENERAL SUPPORT
2020
$7K
For grant recipient's exempt purposes
2019
$6K
INTERNATIONAL, FOREIGN AFFAIRS
2019
$5K
GENERAL OPERATING SUPPORT
2019
$27K
For grant recipient's exempt purposes
2018

Funded by

$515K from 12 funders · 34 grants · 2018–2024

Fidelity Investments Charitable Gift Fund

$149K · 7 grants · 2018–2023

Maine Community Foundation Inc

$82K · 4 grants · 2020–2024

Community Foundation Of New Jersey

$75K · 1 grant · 2020

The Brown Foundation Inc

$70K · 3 grants · 2020–2023

Rpm Foundation

$34K · 2 grants · 2021–2022

Donor Advised Charitable Giving Inc

$25K · 3 grants · 2019–2023

The Howard Bayne Fund

$24K · 5 grants · 2020–2024

Cape Cod Foundation Inc

$21K · 3 grants · 2021–2024

Details

EIN223132234
NTEE codeQ21Z
Subsection03
Ruling date1991-10
Formed1991
Employees19
Volunteers60
ATLANTIC CHALLENGE FOUNDATION INC — Mission, Financials & Grants Received | Grantivo