Pontiac Sailing Education Foundation
- Assets
- $19.1k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 16
- Location
- Orchard Lake, MI
- Founding
- 01/1985
- Data as of
- 12/2023
- EIN
- 38-2559458
Organization Overview
Pontiac Sailing Education Foundation is located in Orchard Lake, MI. The organization was established in 1985. According to its NTEE Classification (B11) the organization is classified as: Single Organization Support, under the broad grouping of Education and related organizations. As of 12/2023, Pontiac Sailing Education Foundation employed 16 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Pontiac Sailing Education Foundation 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 12/2023, Pontiac Sailing Education Foundation generated $111.3k in total revenue. The organization has seen a slow decline revenue. Over the past 8 years, revenues have fallen by an average of (1.9%) each year. All expenses for the organization totaled $194.9k during the year ending 12/2023. 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
2023
Describe the Organization's Program Activity:
Part 3
EDUCATIONAL PROGRAMS FOR TRAINING IN SEAMANSHIP, NAVIGATION, AND RELATED SKILLS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Gregg Kittinger President | 0 | $0 | |
Margaret Eddy Treasurer | 0 | $0 | |
Bill Sanders Vice Preside | 0 | $0 | |
Esther Callahan Director | 0 | $0 | |
Jamie Stewart Secretary | 0 | $0 | |
Lynn Frikker Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $31,763 |
| Total Program Service Revenue | $72,053 |
| Membership dues | $0 |
| Investment income | $7 |
| Gain or Loss | $7,500 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $111,323 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $18,176 |
| Professional fees and other payments to independent contractors | $2,000 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $45,796 |
| Total expenses | $194,922 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $19,104 |
| Other assets | $0 |
| Total assets | $19,104 |
| Total liabilities | $0 |
| Net assets or fund balances | $19,104 |