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FRIENDS OF THE SCHOONER LOTUS INC
SODUS POINT, NY · EIN 854185187 · Form 990EZ · FY2024 · NTEE A80 · Arts, Culture & Humanities · Small ($100K-$1M) · lotusny.org
revenue
$108K
expenses
$10K
net assets
$154K
employees
—
mission · from form 990

RESTORATION OF HISTORIC SCHOONER

profile · synthesized from sources

The Friends of the Schooner LOTUS is a nonprofit dedicated to the restoration and preservation of the historic 1918 wooden schooner LOTUS, originally designed by William Hand Jr. The organization aims to maintain the vessel for educational programs, public engagement, and maritime heritage activities on Sodus Bay and Lake Ontario. It operates through community fundraising, volunteer efforts, and partnerships with scouting organizations.

named programs · 2 · from sources

What they call their work

Maritime Education and Public Engagement
Programs to engage the public and scouts in sailing, boat maintenance, and maritime history using the restored LOTUS as an educational platform
Schooner LOTUS Restoration
Comprehensive structural restoration of the historic 1918 wooden schooner, including keel and keelson replacement, engine overhaul, and hull repairs, guided by US Coast Guard Class "T" certification standards
activities · 2 groups

What they do

  • Recreational Boating and Sailing Programs 1 activity
    • Operation of Sea Scout Ship 303 on Irondequoit Bay
      Operates Sea Scout Ship 303 on Irondequoit Bay in partnership with the Newport Yacht Club, providing youth with maritime education and leadership opportunities through active sailing programs.
  • Historic Vessel and Equipment Preservation 1 activity
    • Restoration of the historic Schooner Lotus
      Undertakes the structural restoration of the historic Schooner Lotus, including disassembly, assessment, and replacement of deteriorated components such as the keel and keelson. The work includes removal of an 8,000-pound iron ballast keel, repair of water-damaged structural elements, and refurbishment of reusable components like the Edson worm gear steering mechanism, supported by state grants and organizational matching funds.
financials · form 990EZ · fy2024
revenue
Total revenue$108K
Contributions & grants$108K100%
Program service revenue——
Investment income$320%
Other revenue—
expenses
Total expenses$10K
Program expenses—
Admin / overhead—
Fundraising—
Salaries & benefits—
Grants paid out—
balance sheet
Total assets$164K
Cash—
Investments—
Liabilities—
Net assets$154K
2 years on record · 2023–2024 · YoY revenue +107.5%
leadership · form 990 part vii · fy2024

Who runs it

board members · 6
  • CARL WEBECK — Director
  • HIRAM LYON — Director
  • KENNETH RAINIS — Director
  • MINCHIN LEWIS — Director
  • NELL GARDNER — Director
  • ROBERT CUNNINGHAM — Director
relationships · 12

Who they work with

  • BSA Seneca Waterways Council Partner — Sold the Schooner Lotus to FRIENDS OF THE SCHOONER LOTUS INC.
  • Beacon Bay Marina Partner — Provides indoor storage for the Schooner Lotus in Cayuga, New York.
  • Cayuga Wooden Boat Works Partner — Contracted boatyard performing structural restoration work on the Schooner LOTUS.
  • Cayuga Wooden Boat Works Partner — Contracted to perform restoration work on the Schooner Lotus.
  • New York State Government — Provided a matching funds grant for the restoration of the schooner Lotus.
  • New York State Department of Parks, Recreation and Historic Preservation Government — Primary grant funder providing $266,687 through the Environmental Protection Fund for the Schooner LOTUS restoration.
  • New York State Office of Parks, Recreation and Historic Preservation Government — Awarded a grant from the Environmental Protection Fund for the restoration of the Schooner Lotus.
  • New York State Office of Parks, Recreation and Historic Preservation Government — Provided grant funding through the Environmental Protection Fund for the restoration of the Schooner Lotus.
  • Newport Yacht Club Partner — Current sponsor of Sea Scout Ship 303, providing support for operations on Irondequoit Bay.
  • Seneca Waterways Council Partner — Transferred ownership of the Schooner Lotus to Friends of the Schooner Lotus Inc.
  • Sodus Historic organizations Partner — Collaborating group whose members initiated and supported the formation of Friends of the Schooner Lotus.
  • Webster Kiwanis Partner — Sponsor that supported fundraising for the restoration of the schooner Lotus.
strategies · 3

How they approach the work

Named approaches extracted from this org’s sources. Where others share an approach, follow it to see the full set of orgs running it.

  • Donation-Driven Funding with Asset Conversion
    methodology: donation-driven-funding
    By accepting donated boats and converting them into revenue through sale, the organization generates flexible funding for the Schooner LOTUS’s restoration and programming, because leveraging in-kind donations reduces reliance on cash fundraising and accelerates project financing.
  • Heritage-Based Education Through Active Vessel Use
    methodology: heritage-education
    By maintaining the Schooner LOTUS as a functional historic vessel, the organization enables experiential education in maritime heritage and sailing, because active use strengthens public engagement and deepens learning outcomes.
  • Professional Restoration with Regulatory Standards as Quality Control
    methodology: regulatory_compliance_as_quality_standard
    By contracting specialized boatworks and adhering to US Coast Guard class "T" certification standards, the organization ensures the structural integrity and safety of the Schooner LOTUS, because compliance with rigorous regulatory benchmarks guarantees historically accurate and publicly viable restoration.