Community Sailing New Orleans Inc
- Assets
- $3.1m
- Revenue
- $1.1m
- Investments
- $0.0
- Employees
- 0
- Location
- New Orleans, LA
- Founding
- 01/2011
- Data as of
- 12/2021
- EIN
- 27-3832411
Organization Overview
Community Sailing New Orleans Inc is located in New Orleans, LA. The organization was established in 2011. 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. Community Sailing New Orleans 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 12/2021, Community Sailing New Orleans Inc generated $1.1m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 27.3% each year . All expenses for the organization totaled $502.5k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Form
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
THE ADVANCEMENT OF SAILING FOR ALL BY MINIMIMIZING ECONOMIC AND PHYSICAL OBSTACLES TO SAILING.
Describe the Organization's Program Activity:
CSNO WILL WORK TO RAISE THE NECESSARY FUNDS TO CONSTRUCT AND EQUIPA COMMUNITY SAILING CENTER IN MUNICIPAL YACHT HARBOR, WHICH ISLOCATED IN NEW ORLEANS, LOUISIANA.
TRAINING PROGRAMS - AGES 10 THROUGH 18. THIS PROGRAM WILL PROVIDESAILING AND SAFE BOATING EDUCATION TO CHILDREN FROM THE ORLEANSPARISH SCHOOL SYSTEMS, PARTICULARLY FROM A PRIMARY TARGETAUDIENCE, WHICH IS TITLE 1 SCHOOLS, WHERE A MINIMUM OF 85 PERCENTOF THE STUDENTS ARE IN FAMILIES THAT LIVE BELOW THE POVERTY LINE.THIS PROGRAM ALSO WILL REACH OUT TO FURNISH SAILING AND SAFEBOATING EDUCATION TO CHILDREN ENGAGED IN RECREATIONAL PROGRAMS RUNBY NORD, THE CITY'S RECENTLY IMPROVED RECREATIONAL DEPARTMENT,PARTICULARLY WITH REGARD TO SUMMER PROGRAMS. THIS PROGRAM WILLPROVIDE SAILING AND SAFE BOATING EDUCATION TO CHILDREN WHO SIGN UPFOR SUCH OR WHO COME TO THE PROGRAM BY VIRTUE OF MEMBERSHIP (OPENTO THE PUBLIC AT LARGE).
ALLOW HANDICAPPED SAILORS TO SAIL, WHO WOULD NOT HAVE THISOPPORTUNITY IN NEW ORLEANS BUT FOR THIS PROGRAM.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Greg Rattler Vice President | Officer | 0 | $0 |
John P Manard Jr President | Officer | 0 | $0 |
Reginald H Smith Jr Secretary | Officer | 0 | $0 |
Guy Williams Treasurer | Officer | 0 | $0 |
Bob Kottler Board Member | Trustee | 0 | $0 |
Susan Granger Board Member | Trustee | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $11,422 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $932,750 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $944,172 |
| Total Program Service Revenue | $102,074 |
| Investment income | $1,358 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $25,000 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,072,604 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| 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 | $100,929 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $14,469 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $41,576 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $17,432 |
| Advertising and promotion | $2,193 |
| Office expenses | $14,427 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $41,850 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $19,257 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $148,919 |
| Insurance | $46,825 |
| All other expenses | $0 |
| Total functional expenses | $502,521 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $942,656 |
| Pledges and grants receivable | $74,000 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $822 |
| Prepaid expenses and deferred charges | $27,071 |
| Net Land, buildings, and equipment | $2,004,787 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $7,341 |
| Total assets | $3,056,677 |
| Accounts payable and accrued expenses | $16,462 |
| Grants payable | $0 |
| Deferred revenue | $51,883 |
| 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 | $307,115 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $375,460 |
| Net assets without donor restrictions | $2,570,103 |
| Net assets with donor restrictions | $111,114 |
| 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 | $3,056,677 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Community Sailing New Orleans Inc has recieved totaling $1,500.
| Awarding Organization | Amount |
|---|---|
Usdin-Weil Foundation New Orleans, LA PURPOSE: PURSUANT TO ORGANIZATIONS GOAL ACHIEVEMENT EFFORTS AND DISTRIBUTIONS TO 501(C)(3) | $1,500 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Sea Star Base Galveston Galveston, TX | $52,632,706 | $20,281,003 |
Elkins Lake Recreation Corporation Huntsville, TX | $9,584,590 | $4,419,021 |
City Of Midland Aquatics Inc Midland, TX | $15,063,835 | $4,415,991 |
Lakeside Aquatic Club Flower Mound, TX | $1,073,156 | $2,759,695 |
Dads Club Swim Team Inc Houston, TX | $8,890,317 | $2,500,934 |
First Colony Swim Team Inc Missouri City, TX | $836,343 | $2,162,266 |
Courtney S Turner Charitable Trust Boatmens First Natl Bk Of Kc Ttee Dallas, TX | $21,330,664 | $1,286,547 |
Laser Class Association Inc Austin, TX | $1,155,017 | $1,842,561 |
Katy Aquatic Team For Youth Inc Katy, TX | $1,965,760 | $1,613,790 |
Austin Rowing Club Austin, TX | $793,099 | $1,451,124 |
Metroplex Aquatics Allen, TX | $207,807 | $1,113,321 |
City Of Plano Swimmers Inc Plano, TX | $1,713,838 | $1,678,096 |