American Watercraft Association Inc is located in Ashburn, VA. The organization was established in 2005. According to its NTEE Classification (M40) the organization is classified as: Safety Education, under the broad grouping of Public Safety, Disaster Preparedness & Relief and related organizations. As of 12/2021, American Watercraft Association Inc employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. American Watercraft Association Inc is a 501(c)(4) and as such, is described as a "Civic League, Social Welfare Organization, and Local Association of Employees" by the IRS.
For the year ending 12/2021, American Watercraft Association Inc generated $259.5k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 2.6% each year. All expenses for the organization totaled $191.5k during the year ending 12/2021. 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
PROMOTION OF EDUCATION AND SAFETY AS IT RELATES TO PERSONAL WATERCRAFT OPERATION AND SPORT THROUGH RESEARCH AND SPONSORED EVENTS FOR MEMBERS AND THE PUBLIC AT LARGE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
AWA, LIKE MOST NON PROFITS, CONTINUES TO REBOUND AS IT RELATES TO MEMBER SERVICE DELIVERY METHODS AS A RESULT OF THE IMPACT OF COVID-19 ON TRAVEL AND EVENTS. AWA IS REPRESENTED AT THE FLORIDA STATE MANATEE FORUM, A PARTNERSHIP ADDRESSING CONSERVATION, USER, AND SCIENTIFIC CONCERNS RELATED TO PROTECTING THE WEST INDIAN MANATEE IN HARMONY WITH HUMAN ACTIVITIES. AWA ACTIVELY PARTICIPATED IN THE PUBLIC AWARENESS PROGRAM CONCERNING DEVELOPMENT OF THE FLORIDA KEYS NATIONAL MARINE SANCTUARY. ADVOCATES FOR NON-RESIDENTIAL PERSONAL WATERCRAFT USERS TO CONTINUE ACCESS TO PUBLIC PARKS IN MA.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Chris Manthos Exec Directo | Trustee | 40 | $78,500 |
Brad Franklin Chairman | OfficerTrustee | $0 | |
Alexandre Bordaus Director | Trustee | $0 | |
Croft Long Trustee/dire | Trustee | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $0 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
Total Program Service Revenue | $259,505 |
Investment income | $14 |
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 | $259,519 |
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 | $0 |
Other salaries and wages | $139,951 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $343 |
Payroll taxes | $10,934 |
Fees for services: Management | $0 |
Fees for services: Legal | $844 |
Fees for services: Accounting | $9,000 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $6,805 |
Advertising and promotion | $0 |
Office expenses | $7,431 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $8,027 |
Travel | $0 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $984 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $0 |
Insurance | $720 |
All other expenses | $0 |
Total functional expenses | $191,545 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $112,080 |
Savings and temporary cash investments | $0 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $0 |
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 | $191 |
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 | $112,271 |
Accounts payable and accrued expenses | $3,040 |
Grants payable | $0 |
Deferred revenue | $911 |
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 | $3,847 |
Total liabilities | $7,798 |
Net assets without donor restrictions | $104,473 |
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 | $0 |
Total liabilities and net assets/fund balances | $112,271 |
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