Buzzards Sailing School Inc
- Assets
- $121.2k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Pocasset, MA
- Founding
- 10/1996
- Data as of
- 12/2022
- EIN
- 22-3446921
Organization Overview
Buzzards Sailing School Inc is located in Pocasset, MA. The organization was established in 1996. According to its NTEE Classification (N40) the organization is classified as: Sports Associations & Training Facilities, 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. Buzzards Sailing School 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 12/2022, Buzzards Sailing School Inc generated $161.9k in total revenue. This represents relatively stable growth, over the past 4 years the organization has increased revenue by an average of 6.1% each year. All expenses for the organization totaled $174.1k during the year ending 12/2022. While expenses have increased by 4.4% per year over the past 4 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
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
PROVIDES SAILING INSTRUCTION FOR APPROXIMATELY 600 STUDENTS OVER8 WEEKS IN THE SUMMER. LEVELS INCLUDE BEGINNERS, INTERMEDIATE AND ADVANCED
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
David Korb President/program Director | 40 | $18,000 | |
Harold Schechter Treasurer | 0 | $0 | |
Harold Schechter Clerk | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $28,176 |
| Total Program Service Revenue | $132,234 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $170 |
| Other Revenue | $1,342 |
| Total Revenue | $161,922 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $80,854 |
| Professional fees and other payments to independent contractors | $4,050 |
| Occupancy, rent, utilities, and maintenance | $5,955 |
| Printing, publications, postage, and shipping | $86 |
| Other expenses | $83,180 |
| Total expenses | $174,125 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $60,434 |
| Other assets | $0 |
| Total assets | $121,161 |
| Total liabilities | $4,194 |
| Net assets or fund balances | $116,967 |