White Lake Sailing School Inc
- Assets
- $220.7k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Whitehall, MI
- Founding
- 04/2002
- Data as of
- 12/2023
- EIN
- 38-3644161
Organization Overview
White Lake Sailing School Inc is located in Whitehall, MI. The organization was established in 2002. 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. White Lake Sailing School 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 12/2023, White Lake Sailing School Inc generated $20.2k 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 (12.7%) each year. All expenses for the organization totaled $33.5k 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
PROVIDE SAILING AND WATER SAFETY INSTRUCTION TO YOUTH
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Robert Currier President | 3 | $0 | |
Douglas Mcneil Vice President | 3 | $0 | |
Kerry Hearns-Smith Secretary | 2 | $0 | |
Don Nelson Trustee | 2 | $0 | |
Lindsey Fountain Trustee | 1 | $0 | |
Teasley Ruback Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $3,950 |
| Total Program Service Revenue | $11,345 |
| Membership dues | $0 |
| Investment income | $4,898 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $20,193 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $12,890 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $70 |
| Other expenses | $20,504 |
| Total expenses | $33,464 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $200,887 |
| Other assets | $0 |
| Total assets | $220,652 |
| Total liabilities | $0 |
| Net assets or fund balances | $220,652 |