Catboat Association Inc
- Assets
- $34.9k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Bristol, RI
- Founding
- 12/1984
- Data as of
- 09/2022
- EIN
- 04-2774230
Organization Overview
Catboat Association Inc is located in Bristol, RI. The organization was established in 1984. According to its NTEE Classification (N67) the organization is classified as: Swimming & Other Water Recreation, under the broad grouping of Recreation & Sports and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Catboat Association Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 09/2022, Catboat Association Inc generated $58.3k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (3.6%) each year. All expenses for the organization totaled $67.6k during the year ending 09/2022. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Nathan Titcomb President | 5 | $0 | |
Timothy Fallon Treasurer | 2 | $0 | |
Diane Webster Secretary | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $120 |
| Total Program Service Revenue | $16,930 |
| Membership dues | $39,864 |
| Investment income | $2 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $58,258 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $67,635 |
| Total expenses | $67,635 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $24,177 |
| Other assets | $0 |
| Total assets | $34,899 |
| Total liabilities | $403 |
| Net assets or fund balances | $34,496 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Catboat Association Inc has recieved totaling $44.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $44 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
New England Sailing Foundation Inc Marblehead, MA | $32,351 | $1,795,441 |
New England Science & Sailing Foundation Inc Stonington, CT | $5,613,617 | $3,618,390 |
Sail Newport Inc Newport, RI | $8,050,460 | $2,453,105 |
Community Boating Inc Boston, MA | $5,688,954 | $2,833,055 |
Winchester Boat Club Winchester, MA | $5,238,512 | $1,099,002 |
Saugatuck Harbor Yacht Club Inc Westport, CT | $2,019,925 | $1,016,320 |
Nantucket Community Sailing Inc Nantucket, MA | $4,938,871 | $779,029 |
Piers Park Sailing Center Inc East Boston, MA | $910,975 | $1,064,918 |
Pleasant Bay Community Boating Inc North Chatham, MA | $4,919,007 | $1,766,472 |
Cambridge Boat Club Cambridge, MA | $1,664,674 | $711,494 |
Crew Family Foundation Inc Plainville, CT | $603,187 | $731,564 |
Winchester Swim Club Inc South Dartmouth, MA | $1,267,611 | $790,941 |