Totals
- Total revenue
- $1,177,616
- Total expenses
- $682,866
- Contributions and grants received
- $1,008,307
- Grants paid
- $11,250
- Program service revenue
- $135,983
- Investment income
- $16,664
- Other revenue
- $16,662
- Total assets, end of year
- $1,248,373
- Total liabilities, end of year
- $226,109
- Net assets or fund balances, end of year
- $1,022,264
- Program services expenses (Part IX)
- $363,007
- Management and general expenses
- $218,125
- Fundraising expenses
- $101,734
- Program service expenses (Part III)
- $363,007
Program services were 53.2% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
1f · All other contributions, gifts and grants
$1,008,307
-
1g · Noncash contributions included above
$44,000
-
2a · Program service revenue: Sailing Tuition
total $92,953 · related or exempt $92,953
-
2b · Program service revenue: Workshop Tuition
total $22,214 · related or exempt $22,214
-
2c · Program service revenue: Jr. Apprenticeship
total $20,816 · related or exempt $20,816
-
3 · Investment income
total $11,664 · excluded $11,664
-
6a · Gross rents
real property $53,648
-
6b · Less rental expenses
real property $53,408
-
6c · Rental income or loss
real property $240
-
6d · Net rental income or loss
total $240 · unrelated business $11 · excluded $229
-
7a · Gross sales of assets other than inventory
other assets $5,000
-
7b · Less cost or other basis and sales expenses
other assets $0
-
7c · Gain or loss
other assets $5,000
-
7d · Net gain or loss
total $5,000 · excluded $5,000
-
10a · Gross sales of inventory
$79,966
-
10b · Cost of goods sold
$68,747
-
10c · Net income from sales of inventory
total $11,219 · related or exempt $11,219
-
11a · Other revenue: Miscellaneous
total $5,203 · related or exempt $5,203
-
11e · Other revenue, total
$5,203
Functional expenses
Part IX, the statement of functional expenses.
-
2 · Grants to domestic individuals
total $11,250 · program services $11,250
-
5 · Compensation of officers, directors and key employees
total $88,945 · program services $44,691 · management and general $30,794 · fundraising $13,460
-
7 · Other salaries and wages
total $292,261 · program services $147,902 · management and general $100,704 · fundraising $43,655
-
8 · Pension plan contributions
total $4,848 · program services $2,249 · management and general $1,825 · fundraising $774
-
9 · Other employee benefits
total $26,648 · program services $12,951 · management and general $9,371 · fundraising $4,326
-
10 · Payroll taxes
total $30,578 · program services $15,108 · management and general $10,975 · fundraising $4,495
-
11c · Fees: accounting
total $15,001 · program services $7,390 · management and general $5,651 · fundraising $1,960
-
11f · Fees: investment management
total $2,125 · management and general $2,125
-
11g · Fees: other
total $37,319 · program services $15,439 · management and general $12,381 · fundraising $9,499
-
12 · Advertising and promotion
total $937 · program services $379 · management and general $424 · fundraising $134
-
13 · Office expenses
total $20,727 · program services $9,614 · management and general $4,508 · fundraising $6,605
-
14 · Information technology
total $14,516 · program services $6,712 · management and general $5,224 · fundraising $2,580
-
16 · Occupancy
total $23,769 · program services $11,665 · management and general $8,432 · fundraising $3,672
-
17 · Travel
total $2,100 · program services $2,100
-
19 · Conferences, conventions and meetings
total $2,956 · program services $1,620 · management and general $724 · fundraising $612
-
20 · Interest
total $11,647 · program services $5,747 · management and general $4,083 · fundraising $1,817
-
22 · Depreciation, depletion and amortization
total $25,574 · program services $17,841 · management and general $5,800 · fundraising $1,933
-
23 · Insurance
total $28,555 · program services $10,142 · management and general $13,278 · fundraising $5,135
-
24a · Other expenses: Program Supplies
total $26,203 · program services $26,203
-
24b · Other expenses: Vehicles & Equipment
total $9,691 · program services $8,186 · management and general $1,057 · fundraising $448
-
24c · Other expenses: Repair & Maintenance
total $4,579 · program services $4,579
-
24d · Other expenses: Events
total $2,637 · program services $1,239 · management and general $769 · fundraising $629
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $103,375 · end of year $128,093
-
2 · Savings and temporary cash investments
end of year $322,362
-
4 · Accounts receivable
beginning of year $57,789 · end of year $82,857
-
9 · Prepaid expenses and deferred charges
end of year $2,000
-
10a · Land, buildings and equipment: cost or other basis
$1,865,313
-
10b · Land, buildings and equipment: accumulated depreciation
$1,272,933
-
10c · Land, buildings and equipment, net
beginning of year $475,477 · end of year $592,380
-
12 · Investments: other securities
end of year $120,681
-
15 · Other assets
beginning of year $109,523 · end of year $0
-
17 · Accounts payable and accrued expenses
beginning of year $4,803 · end of year $15,645
-
23 · Secured mortgages and notes payable
beginning of year $230,429 · end of year $209,474
-
25 · Other liabilities
beginning of year $466 · end of year $990
-
27 · Net assets without donor restrictions
beginning of year $305,485 · end of year $797,797
-
28 · Net assets with donor restrictions
beginning of year $204,981 · end of year $224,467
Mission and programs · 2025
Mission
The Apprenticeshop is a community that cultivates thinkers, makers, and doers through traditional boat building and seamanship to navigate an ever-changing world.
-
APPRENTICE Program: At The Apprenticeshop, we learn by doing and we believe that all people are capable of building and sailing boats. By navigating challnges within a supportive community, we come to understand what we are capable of, and to build resilience, self-confidence and resourcefulness in the process. Our apprentice program is anchored in hands-on, experential education with the boat as the curriculum. During the season, seamanship is practiced weekly with two week-long expeditions a year. Apprenticeships last either 12 weeks, 9 months, or 2 years. We also offer short workshops for adults in boatbuilding-related skills on evenings and weekends.
Expenses $190,383 · Grants $5,400 · Revenue $31,922
-
Sailing youth and adult: From March through October we provide access to the water and our maritime heritage for sailings 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 of our programs accessible regardless of ability to pay.
Expenses $110,988 · Revenue $99,666
-
Jr. Apprenticeship: For local youth in middle and high school, we partner with school districts in the region to offer a Jr. Apprenticeship. Students come to the Apprenticeshop during and after school to learn both traditional boatbuildlng and seamanship. The Jr. Apprenticeship is centered around the construction of two vessels, an 8' lapstrake sail & row pram and a 40' traditional Portuguese sailing sardine carrier. Jr. Apprentices learn hard skills, such as shop safety, hand and power tool use, woodworking, knot tying, sailmaking, rowing, and sailing, alongside the soft skills of working and problem solving within a team. 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 $61,636 · Grants $5,850 · Revenue $20,817
As filed on the 2025 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
Steve Anderson
Chair
- Total calculated
- $0
- Hours/week
- 4
-
Leigh Williams
Vice Chair
- Total calculated
- $0
- Hours/week
- 1
-
Ken Pride
Secretary
- Total calculated
- $0
- Hours/week
- 1
-
Whitney Files
Treasurer
- Total calculated
- $0
- Hours/week
- 2
-
Francis Blair
Director
- Total calculated
- $0
- Hours/week
- 1
-
Julia Carleton
Director
- Total calculated
- $0
- Hours/week
- 1
-
Tim Clark
Director
- Total calculated
- $0
- Hours/week
- 1
-
David Cockey
Director
- Total calculated
- $0
- Hours/week
- 2
-
Robert Johnston
Director
- Total calculated
- $0
- Hours/week
- 1
-
Isabella Feracci
Executive Director
- Total calculated
- $91,668
- From this org
- $77,543
- From related orgs
- $0
- Other
- $14,125
- Hours/week
- 40
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.
Grants on this return
No itemized grants to organizations on this return.
Provenance
- Return type
- form_990
- Tax year
- 2025
- Filed
- 31 July 2026
- IRS schema version
- 2025v4.2
- Source object
- 202602129349300115
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
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