Junior Sailing Association Of Long Island Sound Inc
- Assets
- $232.2k
- Revenue
- $204.9k
- Investments
- $0.0
- Employees
- 4
- Location
- Larchmont, NY
- Founding
- 01/1964
- Data as of
- 10/2023
- EIN
- 11-6037791
Organization Overview
Junior Sailing Association Of Long Island Sound Inc is located in Larchmont, NY. The organization was established in 1964. 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. As of 10/2023, Junior Sailing Association Of Long Island Sound Inc employed 4 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Junior Sailing Association Of Long Island Sound 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 10/2023, Junior Sailing Association Of Long Island Sound Inc generated $204.9k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 4.3% each year. All expenses for the organization totaled $170.3k during the year ending 10/2023. While expenses have increased by 1.3% 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
THE JUNIOR SAILING ASSOCIATION OF LONG ISLAND SOUND SUPPORTS JUNIOR SAILORS AT MEMBER PROGRAMS BY FOSTERING AND COORDINATING PROGRAMS AND ACTIVITIES THAT ENCOURAGE THEM TO EXPERIENCE THE JOY OF SAILING AND INSTILL A LIFE-LONG LOVE OF THIS GREAT SPORT.THE JSA PROMOTES ETHICAL BEHAVIOR AMONG ITS SAILORS AND ENCOURAGES THE TEACHING OF LESSONS WHICH BUILD CHARACTER, FOSTER TEAMWORK AND STRENGTHEN RESPECT FOR SELF AND OTHERS.THE JSA ENCOURAGES AN APPRECIATION AND RESPECT FOR THE MARINE ENVIRONMENT SO IMPORTANT TO SAILING.THROUGH ITS PROGRAMS AND POLICIES, THE JSA SUPPORTS BOTH SERIOUS COMPETITORS AND RECREATIONAL SAILORS AT ALL LEVELS OF SKILL AND ENCOURAGES THEIR SAILING IN LOCAL WATERS AND BEYOND.
Describe the Organization's Program Activity:
Part 3 - Line 4a
COORDINATE CONTINUING IMPROVEMENT AND ENHANCEMENT OF JUNIOR SAILING PROGRAM ACTIVITIES AT 42 JUNIOR SAILING PROGRAMS WITH 1,780 FAMILIES.
COLLABORATE AND COORDINATE THE RUNNING OF, AND COMMUNICATIONS FOR, JUNIOR SAILING REGATTAS.
PROVIDE ONGOING TRAINING FOR JUNIOR SAILING INSTRUCTORS WITH THE PRIMARY GOAL OF IMPROVING EFFECTIVENESS OF INSTRUCTION AND PROMOTING SAFETY AND ETHICAL BEHAVIOR.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Robert Whittredge Executive Director | OfficerTrustee | 30 | $65,284 |
Timothy Clark Chairperson | OfficerTrustee | 6 | $0 |
Michael Cooleen Vice Chairperson | OfficerTrustee | 1 | $0 |
John Lombard Vice Chairperson | OfficerTrustee | 1 | $0 |
Jonathan Arnold Treasurer | OfficerTrustee | 3 | $0 |
Alim Gafar Secretary | OfficerTrustee | 3 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $182,387 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $2,470 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $184,857 |
| Total Program Service Revenue | $18,397 |
| Investment income | $1,644 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $204,898 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $65,284 |
| Other salaries and wages | $8,190 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $12,894 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $2,471 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $6,901 |
| Office expenses | $5,368 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $2,400 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $12,625 |
| All other expenses | $7,503 |
| Total functional expenses | $170,256 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $81,201 |
| Savings and temporary cash investments | $100,938 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $50,023 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $232,162 |
| Accounts payable and accrued expenses | $9,287 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $9,287 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $222,875 |
| Total liabilities and net assets/fund balances | $232,162 |