Recreation & Sports
(N99)
IRS Verified
DX Registered
990 on File
ALL HANDS BOATWORKS INC
Financial strength (30%)
79/100
Reliability (20%)
50/100
Effectiveness (25%)
93/100
Impact (25%)
No data yet
CharityAI™ Score
Not yet evaluated
Mission Statement
All Hands Boatworks, Inc. (AHB) exists to build the capacities, hopes, resilience, and goals of Milwaukee’s youth through wooden boatbuilding projects, work-based learning experiences, and on-the-water activities. AHB teaches the craft of wooden boatbuilding to support positive youth development, STEM understandings, and workforce preparation, while also learning about Milwaukee’s freshwater assets – our rivers and the Great Lakes.
Financial Overview — FY 2024
$547K
Total Revenue
$508K
Total Expenses
$714K
Net Assets
11
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio
81.7%
Fundraising Efficiency
435.4%
Operating Reserve
16.85x
Liability-to-Asset
13.2%
Revenue Diversification
82.4%
Executive Compensation
$59K
Compared with Peers
FY 2024
Compared with 9,592 similar organizations
(United States, Recreation & Sports, $100K–$1M in expenses), FY 2024.
This organization
Middle half of peers (P25–P75)
Peer median
| Ratio | This org | Peer median | Position (P10 → P90) | |
|---|---|---|---|---|
|
Program expense ratio
Program expenses / total expenses
· higher is better
|
81.7% | 94.9% |
P10P90
|
Below median |
|
Admin expense ratio
Management and general / total expenses
· lower is better
|
12.0% | 3.9% |
P10P90
|
Bottom quarter |
|
Fundraising expense ratio
Fundraising expenses / total expenses
· lower is better
|
6.2% | 0.0% |
P10P90
|
Bottom quarter |
|
Fundraising efficiency
Fundraising expenses / gross fundraising income
· lower is better
|
435.4% | 0.0% |
P10P90
|
Bottom quarter |
|
Operating reserve
Months of expenses covered by net assets
· higher is better
|
16.9 mo | 6.4 mo |
P10P90
|
Top quarter |
|
Liabilities to assets
Total liabilities / total assets
· lower is better
|
13.2% | 0.0% |
P10P90
|
Bottom quarter |
|
Revenue concentration
Share of revenue from the largest source
· lower is better
|
82.4% | 89.1% |
P10P90
|
Above median |
|
Revenue growth
Year over year revenue growth
|
25.9% | 8.2% |
P10P90
|
|
|
Expense growth
Year over year expense growth
|
22.4% | 9.8% |
P10P90
|
|
|
Surplus margin
Surplus as a share of revenue
|
7.1% | 2.8% |
P10P90
|
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2024 | $547K | $508K | $714K | 81.7% | 11 |
| 2023 | $434K | $415K | $675K | 76.9% | 12 |
| 2022 | $496K | $363K | $656K | 73.0% | 15 |
| 2021 | $639K | $300K | N/A | — | 10 |
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