Youngstown Junior Sailing Foundation Inc
- Assets
- $182.0k
- Revenue
- $143.9k
- Investments
- $0.0
- Employees
- 8
- Location
- Youngstown, NY
- Founding
- 02/2010
- Data as of
- 09/2021
- EIN
- 26-4271064
Organization Overview
Youngstown Junior Sailing Foundation Inc is located in Youngstown, NY. The organization was established in 2010. 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. As of 09/2021, Youngstown Junior Sailing Foundation Inc employed 8 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Youngstown Junior 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 09/2021, Youngstown Junior Sailing Foundation Inc generated $143.9k in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 18.5% each year . All expenses for the organization totaled $138.3k during the year ending 09/2021. While expenses have increased by 15.9% per year over the past 6 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
THE ORGANIZATION OPERATES A JUNIOR SAILING PROGRAM - COACHING CHILDREN IN FUNDAMENTAL SAILING SKILLS SUCH AS SAFE BOATING, SEAMANSHIP, DINGHY SAILING, SAILBOAT RACING, AND BOAT MAINTENANCE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
OPERATION OF JUNIOR SAILING PROGRAM FOR SAILORS AGED 7-17. SAILORS ARE INSTILLED WITH A LOVE OF SAILING, ALONG WITH THE FUNDAMENTAL SAILING SKILLS THAT THEY CAN BUILD UPON. SAILORS RECEIVE INSTRUCTION IN SAFE BOATING, SEAMANSHIP, DINGHY SAILING, SAILBOAT RACING, AND BOAT MAINTENANCE WITH A PHILOSOPHY REVOLVING AROUND SAFETY, FUN, AND LEARNING.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Adam Burns Commodore | OfficerTrustee | 1 | $0 |
Jeff Shippy Vice Commodore | OfficerTrustee | 1 | $0 |
Charles Kegler Vice Commodore | OfficerTrustee | 1 | $0 |
Gui Alvarez Treasurer | OfficerTrustee | 1 | $0 |
Amy Reynolds Vice Commodore | OfficerTrustee | 1 | $0 |
Jacque Suitor Secretary | OfficerTrustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $23,782 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $23,782 |
| Total Program Service Revenue | $104,569 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $15,500 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $143,851 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $2,848 |
| 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 | $40,248 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $10,245 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $930 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $409 |
| Advertising and promotion | $0 |
| Office expenses | $387 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $1,166 |
| 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 | $16,446 |
| Insurance | $0 |
| All other expenses | $4,422 |
| Total functional expenses | $138,307 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $70,469 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $11,513 |
| 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 | $99,996 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $181,978 |
| Accounts payable and accrued expenses | $15,636 |
| 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 | $15,636 |
| Net assets without donor restrictions | $166,342 |
| 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 | $181,978 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Youngstown Junior Sailing Foundation Inc has recieved totaling $136.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $136 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
New York Junior Tennis League Inc Long Island City, NY | $15,745,055 | $13,403,069 |
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 |