Buzzards Sailing School Inc
- Assets
- $129.7k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Pocasset, MA
- Founding
- 10/1996
- Data as of
- 12/2021
- 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 12/2021, Buzzards Sailing School Inc generated $196.5k in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 7.2% each year. All expenses for the organization totaled $100.6k during the year ending 12/2021. 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
2021
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 | $13,000 | |
Harold Schechter Treasurer | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $71,926 |
| Total Program Service Revenue | $124,575 |
| Membership dues | $0 |
| Investment income | $11 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $196,512 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $45,510 |
| Professional fees and other payments to independent contractors | $3,368 |
| Occupancy, rent, utilities, and maintenance | $5,787 |
| Printing, publications, postage, and shipping | $92 |
| Other expenses | $45,824 |
| Total expenses | $100,581 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $111,387 |
| Other assets | $0 |
| Total assets | $129,666 |
| Total liabilities | $496 |
| Net assets or fund balances | $129,170 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Buzzards Sailing School Inc has recieved totaling $2,626.
| Awarding Organization | Amount |
|---|---|
Robbins Nest Foundation Beverly, MA PURPOSE: SAILING PROGRAMS | $2,500 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $126 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Newton Community Service Centers Inc West Newton, MA | $2,289,980 | $4,749,934 |
Oakcliff Sailing Incorporated Oyster Bay, NY | $7,177,824 | $2,437,513 |
Winding Trails Inc Farmington, CT | $7,374,306 | $2,801,335 |
Okemo Tutorial Program Inc Ludlow, VT | $1,559,218 | $2,008,018 |
Rhode Island Interscholastic League Inc Warwick, RI | $4,382,544 | $1,194,962 |
United Workers Inc New Haven, CT | $1,308,064 | $1,358,213 |
New York State Public High School Athletic Association Section Iii East Syracuse, NY | $1,180,840 | $1,444,967 |
Intercollegiate Womens Lacrosse Coaches Association Inc Northborough, MA | $760,191 | $1,196,915 |
Wellesley United Soccer Club Inc Wellesley Hills, MA | $1,494,733 | $1,155,570 |
Eastern College Athletic Conference Inc Danbury, CT | $456,901 | $1,031,018 |
Wendy Hilliard Foundation New York, NY | $492,765 | $841,712 |
Newton Girls Soccer Inc Newton Upper Falls, MA | $763,753 | $809,033 |