Pleasant Bay Community Boating Inc
Public records show a registered, tax-exempt organization in good standing.
What it says it does
TO PROVIDE ACCESSIBLE EDUCATIONAL AND RECREATIONAL BOATING OPPORTUNITIES THAT BEST SERVE THE RESIDENTS AND VISITORS IN THE REGION AROUND PLEASANT BAY (LOCATED IN CAPE COD, MASSACHUSETTS). PLEASANT BAY COMMUNITY BOATING AIMS TO OPEN UP ACCESS TO THE ENJOYMENT OF ALL TYPES OF BOATING ACTIVITIES, AND TO PROMOTE AN APPRECIATION AND RESPECT FOR CHERISHED MARINE ENVIRONMENTS.
- Income
- $1.1 million
- Spending
- $1.2 million
- Spent on programs
- 63%
- Reserves
- -11.1 months of spending
- Largest source of income
- donations and private grants, 54%
- Employees
- 0
- Volunteers
- 0
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Financial health
Weak: 34 out of 100. Higher than 4% of charities in its peer group (recreation and sports, $1m to $10m).
Reserves
0 of 35Spendable reserves are negative: it owes or has committed more than it holds.
Debt
16 of 20It owes 29% of what it owns.
Living within its means
0 of 15Spending exceeded income by 16% of income.
Income trend
10 of 15Income fell 0% on the year before.
Spending floor
8 of 1563% of spending went to programs and raising each dollar of donations cost 29 cents.
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Governance
Good: 84 out of 100. Higher than 62% of charities in its peer group (recreation and sports, $1m to $10m).
Independent board
25 of 2512 of 12 voting board members are independent.
Conflict of interest policy
15 of 15Has a written conflict of interest policy.
Whistleblower policy
0 of 8Reports no written whistleblower policy.
Record keeping policy
0 of 7Reports no written policy on keeping and destroying records.
Board minutes
5 of 5Keeps minutes of board meetings.
Board sees the tax return
10 of 10Gave the board a copy of this return before filing it.
Independent check of accounts
15 of 15Its accounts were audited by an independent accountant.
No reported misuse
10 of 10Reports no diversion of assets, excess benefits or loans to insiders.
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Impact evidence
Describes programs. Its tax return describes what it does but we have found no measurable results in it.
Programs described in its return (2)
- $729,793 spent. TEACHING SAILING AND PROVIDE BOATS TO YOUTHS AND ADULTS ON PLEASANT BAY IN THE FOUR TOWNS OF CHATHAM, HARWICH, ORLEANS, AND BREWSTER THAT SHARE THE SHORELINE OF THE BAY.
- $41,530 spent. MARINE & ENVIRONMENTAL EDUCATION PROGRAM
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Legitimacy checks
Is it registered with the IRS? Passed.
Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.
Has the IRS revoked its tax-exempt status? Passed.
Not on the IRS automatic revocation list.
Source: Automatic revocation of exemption list, Internal Revenue Service, file dated September 30, 2026.
Are donations tax-deductible? Passed.
On the IRS list of organizations eligible to receive tax-deductible contributions.
Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated September 10, 2026.
Is it keeping up with its IRS filings? Passed.
Most recent return on file covers the year ending December 2024.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.
How long has it been tax-exempt? Passed.
Recognized by the IRS since May 2004.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.
Is it in good standing with state regulators? Passed.
Not on California's list of charities barred from soliciting. Other states are not yet checked.
Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated October 7, 2026.
Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.