Sarasota Flotilla Inc
- Assets
- $16.3k
- Revenue
- $20.0k
- Investments
- $0.0
- Employees
- 0
- Location
- Sarasota, FL
- Founding
- 12/1971
- Data as of
- 12/2023
- EIN
- 23-7120150
Organization Overview
Sarasota Flotilla Inc is located in Sarasota, FL. The organization was established in 1971. According to its NTEE Classification (W30) the organization is classified as: Military & Veterans Organizations, under the broad grouping of Public & Societal Benefit and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Sarasota Flotilla Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
SUPPORT THE LOCAL FLOTILLA AND USCGA 84 WITH FUNDS TO PROVIDE ADEQUATE AND CONTINUING EDUCATION TO THE BOATING COMMUNITY IN SARASOTA, FL.
Describe the Organization's Program Activity:
Part 3 - Line 4a
REVENUES ARE REALIZED FROM INVESTMENTS HELD BY THE ORGANIZATION TO FUND EXPENSES INCURRED IN MAINTAINING ITS FACILITY TO PROVIDE BOATING INSTRUCTION TO LOCAL COMMUNITY OF SARASOTA AND SURROUNDING AREAS. IT ALSO FROM TIME TO TIME PROVIDES FUNDING IN THE FORM OF A GRANT TO THE USCGA 84 OPERATIONAL EXPENSES INCURRED BY THE USCGA 84 OF SARASOTA FLORIDA.
REVENUES ARE REALIZED FROM INVESTMENTS HELD BY THE ORGANIZATION TO FUND EXPENSES INCURRED IN MAINTAINING ITS FACILITY TO PROVIDE BOATING INSTRUCTION TO LOCAL COMMUNITY OF SARASOTA AND SURROUNDING AREAS. IT ALSO FROM TIME TO TIME PROVIDES FUNDING IN THE FORM OF A GRANT TO THE USCGA 84 OPERATIONAL EXPENSES INCURRED BY THE USCGA 84 OF SARASOTA FLORIDA.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
William Gerst President | OfficerTrustee | 1 | $0 |
Ronald Mills Director | Trustee | 1 | $0 |
Randall A Moritz Trustee | Trustee | 1 | $0 |
Murray Price Secretary | OfficerTrustee | 1 | $0 |
James W Stewart Director | Trustee | 1 | $0 |
Stuart Wallace Vice-Preside | OfficerTrustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $20,000 |
| 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 | $20,000 |
| 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 | $20,000 |
| 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 | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $300 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $67 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $21,382 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $3,172 |
| All other expenses | $0 |
| Total functional expenses | $27,345 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $6,107 |
| Savings and temporary cash investments | $10,144 |
| 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 | $0 |
| 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 | $16,251 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| 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 | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $16,251 |
| 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 | $16,251 |
Grants Awarded
Over the last fiscal year, Sarasota Flotilla Inc has awarded $2,245,997 in support to 4 organizations.
| Grant Recipient | Amount |
|---|---|
SARASOTA MARINE SAFETY FOUNDATION INC PURPOSE: SUPPORT THE LOCAL FLOTILLA | $2,226,497 |
US G AUX FLOTILLA 84 PURPOSE: SUPPORT THE LOCAL FLOTILLA | $15,000 |
SUNCOAST CHARITIES FOR CHILDREN PURPOSE: BOATING EDUCATION/SAFETY | $2,000 |
SUNCOAST AQUATIC NATURE CENTER PURPOSE: BOATING EDUCATION/SAFETY | $2,500 |