South Coast Sailing Team
- Assets
- $318.1k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Dana Point, CA
- Founding
- 12/1998
- Data as of
- 12/2022
- EIN
- 33-0052559
Organization Overview
South Coast Sailing Team is located in Dana Point, CA. The organization was established in 1998. According to its NTEE Classification (O23) the organization is classified as: Boys & Girls Clubs, 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. South Coast Sailing Team 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 12/2022, South Coast Sailing Team generated $73.4k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (11.3%) each year. All expenses for the organization totaled $80.0k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (9.0%) per year over the past 4 years. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jim Wehan President | 6 | $0 | |
Chris Fox Vice President | 5 | $0 | |
Kendall Bailey Secretary | 5 | $0 | |
Mary Jane Johnson Treasurer | 6 | $0 | |
Ruth Fassett Trustee | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $26,437 |
| Total Program Service Revenue | $13,445 |
| Membership dues | $25,906 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $2,151 |
| Total Revenue | $73,369 |
| 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 | $1,920 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $97 |
| Other expenses | $78,028 |
| Total expenses | $80,045 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $36,828 |
| Other assets | $0 |
| Total assets | $318,074 |
| Total liabilities | $0 |
| Net assets or fund balances | $318,074 |