Ephraim Yacht Club
- Assets
- $471.9k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 21
- Location
- Ephraim, WI
- Founding
- 10/2004
- EIN
- 39-1078850
Organization Overview
Ephraim Yacht Club is located in Ephraim, WI. The organization was established in 2004. 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. As of 10/2020, Ephraim Yacht Club employed 21 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Ephraim Yacht Club 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 undefined, Ephraim Yacht Club generated $137.7k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (6.8%) each year. All expenses for the organization totaled $138.1k during the year ending undefined. As we would expect to see with falling revenues, expenses have declined by (3.5%) per year over the past 6 years. 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
Describe the Organization's Program Activity:
Part 3
THE ORGANIZATION PROVIDED SAILING INSTRUCTION TO 106 STUDENTS, WHICH INCLUDED 157 LESSONS AND 2,082 HOURS OF FORMAL CLASSROOM INSTRUCTION AND ON-THE-WATER TRAINING. THE ORGANIZATION HOSTED ONE SAILING REGATTA.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Liz Gheorghita Board Member | 2.8 | $0 | |
Geoff Werner Board Member | 4.6 | $0 | |
Craig Rawlins Board Member | 0.1 | $0 | |
Carol Claypool Treasurer | 8 | $0 | |
John Dischner Board Member | 0.9 | $0 | |
Hugh Haggerty Vice Commodore | 3.3 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $23,899 |
| Total Program Service Revenue | $26,094 |
| Membership dues | $72,688 |
| Investment income | $248 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $137,748 |
| Statement of Expenses | |
|---|---|
| Total expenses | $138,115 |
| Balance Sheet | |
|---|---|
| Total assets | $471,910 |
| Total liabilities | $32 |
| Net assets or fund balances | $471,878 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Ephraim Yacht Club has recieved totaling $11.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $11 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Grow Boating Inc Chicago, IL | $0 | $3,002,017 |
Usa Swimming Inc Rolling Meadows, IL | $1,062,881 | $1,962,511 |
Michigan Boating Industries Assoc Commerce Township, MI | $6,848,061 | $1,258,585 |
Walter Schroeder Aquatic Center Ltd Brown Deer, WI | $2,876,227 | $1,771,521 |
Rochester Swim Club Orcas Rochester, MN | $1,478,113 | $1,744,806 |
New Trier Aquatics Winnetka, IL | $670,855 | $1,422,426 |
Hinsdale Swim Club Hinsdale, IL | $218,459 | $1,100,426 |
Usa Swimming Inc Minnetonka, MN | $1,086,906 | $1,178,043 |
Elba-Mar Boat Club Grosse Ile, MI | $874,771 | $981,147 |
Waukesha Express Swim Team Inc Waukesha, WI | $109,829 | $1,001,501 |
Club Wolverine Swimming Inc Ann Arbor, MI | $392,270 | $985,537 |
Usa Swimming Inc New London, WI | $201,918 | $903,511 |