Sandy Point Sailing Association Inc
- Assets
- $37.6k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Beverly, MA
- Founding
- 08/1997
- Data as of
- 12/2023
- EIN
- 04-3366273
Organization Overview
Sandy Point Sailing Association Inc is located in Beverly, MA. The organization was established in 1997. 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. Sandy Point Sailing 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 12/2023, Sandy Point Sailing Association Inc generated $51.0k in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 14.2% each year . All expenses for the organization totaled $34.5k during the year ending 12/2023. 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
PROVIDE SAILING LESSONS TO YOUNG STUDENTS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Fred Biebesheimer President | 2 | $0 | |
Jason Balich Treasurer | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $10,050 |
| Total Program Service Revenue | $34,609 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $500 |
| Net Income from Gaming & Fundraising | $5,879 |
| Other Revenue | $0 |
| Total Revenue | $51,038 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $17,788 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $16,738 |
| Total expenses | $34,526 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $37,559 |
| Other assets | $0 |
| Total assets | $37,559 |
| Total liabilities | $0 |
| Net assets or fund balances | $37,559 |