Nashville Sailing Foundation Inc
- Assets
- $183.9k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Hermitage, TN
- Founding
- 03/2005
- Data as of
- 12/2023
- EIN
- 20-0487670
Organization Overview
Nashville Sailing Foundation Inc is located in Hermitage, TN. The organization was established in 2005. 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. Nashville Sailing Foundation 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, Nashville Sailing Foundation Inc generated $69.1k in total revenue. The organization has seen a slow decline revenue. Over the past 2 years, revenues have fallen by an average of (2.0%) each year. All expenses for the organization totaled $59.6k 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
FOUR SUMMER WEEKS OF BASIC SAILING INSTRUCTION TEACHING SAFETY AND BOAT HANDLING, FROM BEGINNER TO ADVANCED FOR 130 STUDENTS FROM AGE 8 TO 14
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Cody Hall Director | 5 | $0 | |
Bruce Thomas Director | 5 | $0 | |
Jan Mattix Secretary | 8 | $0 | |
Rob Hempel Treasurer | 8 | $0 | |
Marc Fortune Chairman | 10 | $0 | |
Kelley Severns Director | 10 | $1,000 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $21,940 |
| Total Program Service Revenue | $47,199 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $69,139 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $41,500 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $17,588 |
| Total expenses | $59,638 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $61,024 |
| Other assets | $0 |
| Total assets | $183,932 |
| Total liabilities | $3,115 |
| Net assets or fund balances | $180,817 |