Old Cove Youth Sailing Foundation Inc
- Assets
- $78.6k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- New Suffolk, NY
- Founding
- 02/2009
- EIN
- 26-3493729
Organization Overview
Old Cove Youth Sailing Foundation Inc is located in New Suffolk, NY. 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. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Old Cove Youth 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 undefined, Old Cove Youth Sailing Foundation Inc generated $11.3k in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 19.3% each year . All expenses for the organization totaled $4.3k during the year ending undefined. While expenses have increased by 28.0% per year over the past 5 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.
Limited Data Available: This organization filed their most recent 990 in paper format. This filing methodology limits the information that can be extracted from the filing.Limited Data Available: This organization is one of the few in our database that filed their most recent 990 with the IRS in paper format. This filing methodology limits the information that can be extracted from the filing. This will, however, be changing soon; The IRS now requires all organizations to file their 990s electronically.
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Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $7,200 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $4,051 |
| Other Revenue | $0 |
| Total Revenue | $11,251 |
| Statement of Expenses | |
|---|---|
| Total expenses | $4,277 |
| Balance Sheet | |
|---|---|
| Total assets | $78,569 |
| Total liabilities | $273 |
| Net assets or fund balances | $78,296 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Old Cove Youth Sailing Foundation Inc has recieved totaling $5,878.
| Awarding Organization | Amount |
|---|---|
Paypal Charitable Giving Fund Washington, DC PURPOSE: General Support | $5,878 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Row New York Inc New York, NY | $11,063,352 | $5,131,305 |
New England Sailing Foundation Inc Marblehead, MA | $32,351 | $1,795,441 |
New England Science & Sailing Foundation Inc Stonington, CT | $5,613,617 | $3,618,390 |
Long Island Swimming Garden City, NY | $5,786,299 | $2,981,330 |
Stony Brook Yacht Club Inc Stony Brook, NY | $1,925,542 | $2,144,649 |
Community Boating Inc Boston, MA | $5,688,954 | $2,833,055 |
Hudson River Community Sailing Inc New York, NY | $1,975,748 | $1,753,516 |
Winchester Boat Club Winchester, MA | $5,238,512 | $1,099,002 |
South Jersey Aquatic Club Voorhees, NJ | $176,269 | $1,185,963 |
Saugatuck Harbor Yacht Club Inc Westport, CT | $2,019,925 | $1,016,320 |
West Side Rowing Club Incorporated Of The City Of Buffalo Buffalo, NY | $4,706,391 | $1,097,011 |
Usa Swimming Inc Blue Bell, PA | $1,171,270 | $977,140 |