Lake Eustis Youth Sailing Foundation Inc
- Assets
- $147.2k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Oviedo, FL
- Founding
- 12/2004
- Data as of
- 12/2021
- EIN
- 30-0235724
Organization Overview
Lake Eustis Youth Sailing Foundation Inc is located in Oviedo, FL. The organization was established in 2004. According to its NTEE Classification (O50) the organization is classified as: Youth Development Programs, under the broad grouping of Youth Development and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Lake Eustis 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 12/2021, Lake Eustis Youth Sailing Foundation Inc generated $100.2k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 21.4% each year . All expenses for the organization totaled $99.6k during the year ending 12/2021. While expenses have increased by 18.8% 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
2021
Describe the Organization's Program Activity:
Part 3
THE FOUNDATION OFFERS YEAR-ROUND SAILING INSTRUCTIONS FOR BEGINNER, INTERMEDIATE AND ADVANCED JUNIOR SAILORS AGES 8-17. THE FOUNDATION ALSO HAS A SUMMER CAMP PROGRAM OFFERED TO THE PUBLIC PROVIDING JUNIOR SAILING INSTRUCTIONS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Buff Moring Vice President | 5 | $0 | |
Charlie Jensen Director | 2 | $0 | |
Dalle Rivera Secretary | 2 | $0 | |
Cash Aubrey Director | 2 | $0 | |
Connie Harper Treasurer | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $6,519 |
| Total Program Service Revenue | $66,870 |
| Membership dues | $169 |
| Investment income | $0 |
| Gain or Loss | $8,147 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $18,512 |
| Total Revenue | $100,217 |
| 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 | $645 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $98,958 |
| Total expenses | $99,603 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $76,338 |
| Other assets | $0 |
| Total assets | $147,151 |
| Total liabilities | $0 |
| Net assets or fund balances | $147,151 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Lake Eustis Youth Sailing Foundation Inc has recieved totaling $164.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $164 |
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