Water Sports Foundation Inc

Organization Overview

Water Sports Foundation Inc is located in Orlando, FL. 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. Water Sports 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 12/2021, Water Sports Foundation Inc generated $1.1m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 5.2% each year. All expenses for the organization totaled $1.1m during the year ending 12/2021. While expenses have increased by 5.0% per year over the past 7 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

TO EDUCATE THE PUBLIC REGARDING RECREATIONAL BOATING SAFETY.

Describe the Organization's Program Activity:

Part 3 - Line 4a

THE PROMOTION OF RECREATIONAL BOATING SAFETY.


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Board, Officers & Key Employees

Name (title)Compensation
Robert Oswell
President
$0
Cj Vlahovich
Vice Preside
$0
James Vaught
Secretary
$0
Wayne Wilson
Treasurer
$0
Greg Meloon
Director
$0
Troy Mann
Director
$0

Outside Vendors & Contractors

Vendor Name (Service)Compensation
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Media
$307,684
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Media
$201,620
The Internet Marketing Council
Project Mgmt
$102,728
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Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $1,138,831
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$1,138,831
Total Program Service Revenue$0
Investment income $0
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 $1,138,831

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