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MIP Score

74

Arts & Culture
Folk Arts

Northwest School of Wooden Boat Building

Mission

The northwest school of wooden boatbuilding (nwswb) is a post-secondary trade school that teaches craftmanship through boatbuilding at its 7-acre campus in port-hadlock, washington. incorporated as a non-profit corporation 40 years ago, the school has taught over 1,700 graduates the skills required to build and maintain both traditional and contemporary wooden boats, and in 2018 launched its new program to teach marine systems for marine technicians. the school fulfills three overarching goals as defined in its strategic plan: (1) providing quality education and job readiness (2) preserving and teaching craftsmanship (3) bringing vitality to our local community. nwswb works closely with the boatbuilding industry to ensure that skills taught are relevant to current needs.

Basic Information

Tax-Exempt

Address

42 N Water St, Port Hadlock, Washington, 98339

View all Port Hadlock charities

Founded in

1981

EIN

91-1122839

Total Assets

$5.425 million

UN Sustainable Development Goals Supported

This organization contributes to the following United Nations Sustainable Development Goals. See the SDG page for more information.

MIP Score (Beta)

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The MIP Score and it's methodology is purely used as a way to visualize how a nonprofits public financial data compares against others. It doesn't reflect the unique circumstances and impact that a nonprofit has.The MIP Score should never be used to say one charity is better than another.

Overall Score

74

64

/100

Program Expense Ratio

72.82%

8

/20

Program Revenue Growth

111.70%

20

/20

Leverage Ratio

0.3829

10

/20

Working Capital Ratio

1.749

14

/20

Fundraising Efficiency

1.236

12

/20

Latest Filing Data: Form 990

Fiscal Year:2021

Source:Source: Self-reported by organization

Financial Details

Revenue

CategoryAmountPercentage
Contributions, Gifts, and Grants1.232M59.00%
Program Services866.6K41.50%
Investment Income560.00%
Sales of Non-Inventory Assets-30.05K-1.44%
Other Notable Sources45.97K2.20%
Total Revenue2.088M100.00%