Sandy Bay Yacht Club Sailing Program And Scholarship Fund Inc
- Assets
- $176.1k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Rockport, MA
- Founding
- 09/1994
- Data as of
- 12/2021
- EIN
- 04-3222187
Organization Overview
Sandy Bay Yacht Club Sailing Program And Scholarship Fund Inc is located in Rockport, MA. The organization was established in 1994. According to its NTEE Classification (N60) the organization is classified as: Amateur Sports, 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. Sandy Bay Yacht Club Sailing Program And Scholarship Fund 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 12/2021, Sandy Bay Yacht Club Sailing Program And Scholarship Fund Inc generated $153.6k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 4.0% each year. All expenses for the organization totaled $150.7k during the year ending 12/2021. While expenses have increased by 1.7% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3
PUBLIC SAIL BOAT TRAINING INCLUDING ALL RELATED ASPECTS OF GOOD SEAMANSHIP & SAFE BOATING
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Stan Patey President | 0 | $0 | |
Sarah Wilkinson Co President | 0 | $0 | |
Jessia Lanier Memberships | 0 | $0 | |
Ellen Lidington Secretary | 0 | $0 | |
Elizabeth Levick Treasurer | 0 | $0 | |
Ralph Block Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $32,300 |
| Total Program Service Revenue | $116,528 |
| Membership dues | $0 |
| Investment income | $3,536 |
| Gain or Loss | $1,068 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $135 |
| Total Revenue | $153,567 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $69,526 |
| Professional fees and other payments to independent contractors | $20,384 |
| Occupancy, rent, utilities, and maintenance | $12,000 |
| Printing, publications, postage, and shipping | $417 |
| Other expenses | $48,413 |
| Total expenses | $150,740 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $131,909 |
| Other assets | $0 |
| Total assets | $176,136 |
| Total liabilities | $0 |
| Net assets or fund balances | $176,136 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Sandy Bay Yacht Club Sailing Program And Scholarship Fund Inc has recieved totaling $49.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $49 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
New York Athletic Club New York, NY | $79,824,386 | $36,957,466 |
University Club New York, NY | $61,571,312 | $30,883,399 |
Country Club Chestnut Hill, MA | $75,043,157 | $30,549,304 |
Winged Foot Golf Club Inc Mamaroneck, NY | $47,661,307 | $23,506,154 |
New York Yacht Club New York, NY | $54,553,348 | $22,663,268 |
Glen Oaks Club Inc Old Westbury, NY | $13,779,705 | $20,068,781 |
Sleepy Hollow Country Club Westchester Scarborough, NY | $36,824,085 | $23,136,850 |
Wee Burn Country Club Inc Darien, CT | $32,519,463 | $16,725,850 |
Piping Rock Club Locust Valley, NY | $31,334,038 | $17,059,500 |
Oak Hill Country Club Rochester, NY | $24,513,885 | $17,798,483 |
Greenwich Country Club Greenwich, CT | $48,407,804 | $23,136,592 |
Harvard Club Of New York City New York, NY | $57,363,784 | $14,784,742 |