Beaver Valley Yacht Club
- Assets
- $247.6k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- New Brighton, PA
- Founding
- Data as of
- 12/2021
- EIN
- 25-1262403
Organization Overview
Beaver Valley Yacht Club is located in New Brighton, PA. According to its NTEE Classification (N50) the organization is classified as: Recreational Clubs, 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. Beaver Valley Yacht Club 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, Beaver Valley Yacht Club generated $63.7k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 2 years, the organization has seen revenues fall by an average of (23.1%) each year. All expenses for the organization totaled $57.4k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (23.9%) per year over the past 2 years. 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
MEMBERS ONLY ORGAINIZATION SUPPORTING US POWER SQUADRON FOR BOATING SAFETY AND BEAVER COUNTY RIVER REGATTA.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jay Theys Commodore | 1 | $0 | |
Renata Shaw Secretary | 2 | $0 | |
Glenda Martin Vice Commodore | 1 | $0 | |
Charlotte Shanor Treasurer | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $55,425 |
| Membership dues | $8,051 |
| Investment income | $216 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $63,692 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $780 |
| Occupancy, rent, utilities, and maintenance | $25,465 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $31,126 |
| Total expenses | $57,371 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $93,515 |
| Other assets | $0 |
| Total assets | $247,578 |
| Total liabilities | $0 |
| Net assets or fund balances | $247,578 |
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