Sandy Bay Yacht Club Sailing Program And Scholarship Fund Inc
- Assets
- $107.7k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Rockport, MA
- Founding
- 09/1994
- Data as of
- 12/2023
- 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 12/2023, Sandy Bay Yacht Club Sailing Program And Scholarship Fund Inc generated $128.5k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 1.2% each year. All expenses for the organization totaled $144.8k during the year ending 12/2023. While expenses have increased by 3.3% per year over the past 8 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
2023
Describe the Organization's Program Activity:
Part 3
PUBLIC SAIL BOAT TRAINING INCLUDING ALL RELATED ASPECTS OF GOOD SEAMANSHIP AND SAFE BOATING.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mason Browne President | 0 | $0 | |
Story Reed Vice Preside | 0 | $0 | |
Charles Browne Treasurer | 0 | $0 | |
Ellen Lidington Secretary | 0 | $0 | |
Sarah Wilkinson Director | 0 | $0 | |
Elizabeth Flanagan Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $9,310 |
| Total Program Service Revenue | $113,322 |
| Membership dues | $0 |
| Investment income | $3,551 |
| Gain or Loss | $524 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $1,745 |
| Total Revenue | $128,452 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $84,293 |
| Professional fees and other payments to independent contractors | $5,770 |
| Occupancy, rent, utilities, and maintenance | $13,000 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $41,726 |
| Total expenses | $144,789 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $99,217 |
| Other assets | $0 |
| Total assets | $107,705 |
| Total liabilities | $0 |
| Net assets or fund balances | $107,705 |