Fairhope Sailing Foundation Inc
- Assets
- $1.1k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Fairhope, AL
- Founding
- 01/2009
- Data as of
- 12/2019
- EIN
- 26-3344651
Organization Overview
Fairhope Sailing Foundation Inc is located in Fairhope, AL. The organization was established in 2009. 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. Fairhope Sailing Foundation 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 12/2019, Fairhope Sailing Foundation Inc generated $5.0 in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (73.5%) each year. All expenses for the organization totaled $508.0 during the year ending 12/2019. 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
2019
Describe the Organization's Program Activity:
Part 3
ESTABLISHED A HIGH SCHOOL SAILING TEAM AT PUBLIC HIGH SCHOOL - THE FIRST IN ALABAMA WHICH COMPETES IN FLORIDA AND MISSISSIPPI
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Elizabeth Mcgriff President | 4 | $0 | |
Holt Naff Secretary | 4 | $0 | |
Mikhal Donald Board Member | 4 | $0 | |
Joseph Comer Treasurer | 4 | $0 | |
Mikemetzger Board Member | 4 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $5 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $5 |
| 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 | $200 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $92 |
| Other expenses | $216 |
| Total expenses | $508 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $1,128 |
| Other assets | $0 |
| Total assets | $1,128 |
| Total liabilities | $0 |
| Net assets or fund balances | $1,128 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
United States Masters Swimming Inc Sarasota, FL | $7,327,632 | $3,454,621 |
Usa Water Ski & Wake Sports Inc Auburndale, FL | $1,442,821 | $1,825,367 |
Excel Aquatics Brentwood, TN | $851,394 | $1,571,381 |
Usa Swimming Inc Minneola, FL | $982,345 | $1,492,508 |
Sarasota Crew Inc Osprey, FL | $3,089,613 | $2,511,291 |
Nashville Aquatic Club Nashville, TN | $573,153 | $1,290,870 |
Water Sports Foundation Inc Orlando, FL | $355,212 | $1,138,831 |
Huntsville Swim Association Huntsville, AL | $601,008 | $1,169,266 |
Sarasota Sharks Incorporated Sarasota, FL | $1,254,329 | $1,187,905 |
Athens Bulldog Swim Club Inc Hull, GA | $405,540 | $725,242 |
Palm Beach Sailing Club Inc West Palm Beach, FL | $1,088,323 | $782,714 |
Coconut Grove Sailing Club Instructional Center Inc Miami, FL | $284,549 | $710,117 |