Grand Lake Yacht Club Sailingfoundation
- Assets
- $146.4k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Granby, CO
- Founding
- 04/2008
- Data as of
- 12/2023
- EIN
- 26-0721366
Organization Overview
Grand Lake Yacht Club Sailingfoundation is located in Granby, CO. The organization was established in 2008. 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. Grand Lake Yacht Club Sailingfoundation 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 12/2023, Grand Lake Yacht Club Sailingfoundation generated $45.7k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 17.7% each year . All expenses for the organization totaled $30.8k during the year ending 12/2023. While expenses have increased by 0.8% 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.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
THE GRAND LAKE SAILING FOUNDATION PROMOTES AMATEUR SAILING, INCLUDING SAILING EDUCATION, COMPETITION, AND WATER SAFETY, AND IS COMMITTED TO BROADENING THE BASE OF SUPPORT FOR THE SPORT OF SAILING IN OUR COMMUNITY THROUGH AFFORDABL
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Catherine Austin President | 10 | $0 | |
Jeff Eldridge Vice President | 5 | $0 | |
Andrea Cox Sectretary | 5 | $0 | |
Justin Ferri Treasurer | 5 | $0 | |
Anne Weinig Board | 1 | $0 | |
Brooke Borgen Board | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $44,427 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $88 |
| Gain or Loss | $1,200 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $45,715 |
| 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 | $5,508 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $644 |
| Other expenses | $24,663 |
| Total expenses | $30,815 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $93,358 |
| Other assets | $0 |
| Total assets | $146,439 |
| Total liabilities | $2,869 |
| Net assets or fund balances | $143,570 |