Gull Lake Sailing School Inc
- Assets
- $1.9m
- Revenue
- $106.1k
- Investments
- $0.0
- Employees
- 6
- Location
- Brainerd, MN
- Founding
- 08/1982
- Data as of
- 12/2021
- EIN
- 41-1411508
Organization Overview
Gull Lake Sailing School Inc is located in Brainerd, MN. The organization was established in 1982. 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 12/2021, Gull Lake Sailing School Inc employed 6 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Gull 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 12/2021, Gull Lake Sailing School Inc generated $106.1k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 9.8% each year. All expenses for the organization totaled $142.6k during the year ending 12/2021. While expenses have increased by 15.9% 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
GROW SAILING AND COMMUNITY IN THE BRAINERD LAKES AREA. PROVIDE PROGRAMS DESIGNED TO INSTRUCT AND DEVELOP SAILING SKILLS AND TECHNIQUE. GLSS IS HOME TO THE BRAINERD AREA JUNIOR AND HIGH SCHOOL SAILING TEAM.
Describe the Organization's Program Activity:
Part 3 - Line 4a
GULL LAKE SAILING SCHOOL IS A VOLUNTEER-BASED EDUCATIONAL ORGANIZATION DEDICATED TO PROMOTING SAFE AND RESPONSIBLE AMATEUR SAILING, THE IMPROVEMENT AND REFINEMENT OF SAILING SKILLS, AND THE TEACHING OF PRINCIPLES OF LIFESAVING AND WATER AND BOAT SAFETY. THE SCHOOL RUNS A SIX-WEEK SUMMER PROGRAM OF YOUTH SAILING INSTRUCTION IN BOTH THE MORNING AND AFTERNOON. THE PROGRAM IS DIVIDED INTO SESSIONS OF 1-WEEK DURATION. STUDENTS RANGE IN AGE FROM 6-18, AND WE SERVE APPROXIMATELY 50+ STUDENTS EACH SUMMER. THE SAILING SCHOOL ALSO OFFERS ADULT SAILING LESSONS IN BOTH GROUP AND PRIVATE LESSON FORMATS.GLSS PARTNERS WITH AREA NONPROFITS TO OFFER EDUCATIONAL AND RECREATIONAL PROGRAMS TO BENEFIT THE COMMUNITY. IN 2021 PARTNERS INCLUDED THE BRAINERD FAMILY YMCA, THE NATIONAL LOON CENTER, THE BRAINERD LAKES COMMUNITY FOUNDATION AND THE LAKES AREA MUSIC FESTIVAL. THESE PROGRAMS SERVED OVER 150 YOUTH AND ADULTS.GLSS ALSO HOSTS THREE MINNESOTA DNR BOAT SAFETY CLASSES. APPROXIMATELY 70 YOUTH WERE SERVED.
GLSS IS THE HOME OF THE BRAINERD AREA JUNIOR AND HIGH SCHOOL SAILING TEAM. THIS CO-ED TEAM SERVES STUDENTS GRADES 7-12 FROM MULTIPLE AREA SCHOOLS UNDER THE BRAINERD FLAGSHIP. THE TEAM IS AFFILIATED WITH THE MIDWEST INTERSCHOLASTIC SAILING ASSOCIATION. APPROXIMATELY 11 STUDENTS PARTICIPATED. THE PROGRAM OFFERS COMPETITIVE SAILING IN BOTH THE SPRING AND THE FALL.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Vincent Driessen Co-President | OfficerTrustee | 10 | $0 |
Mary Jetland Co-President | OfficerTrustee | 10 | $0 |
Dave Anderson Director | Trustee | 1 | $0 |
Greg Medeck Director | Trustee | 1 | $0 |
Chris Holmes Director | Trustee | 1 | $0 |
Doug Arndt Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $75,190 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $75,190 |
| Total Program Service Revenue | $19,543 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $9,740 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $610 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $106,128 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $20,117 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $1,780 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $5,626 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $7,010 |
| Advertising and promotion | $631 |
| Office expenses | $517 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $31,790 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $35,644 |
| Insurance | $16,321 |
| All other expenses | $1,169 |
| Total functional expenses | $142,566 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $49,424 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $1,827,185 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,876,609 |
| Accounts payable and accrued expenses | $129 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $70 |
| Total liabilities | $199 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $1,876,410 |
| Total liabilities and net assets/fund balances | $1,876,609 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Gull Lake Sailing School Inc has recieved totaling $12,000.
| Awarding Organization | Amount |
|---|---|
Communitygiving St Cloud, MN PURPOSE: GEN/OPER SUPPORT | $10,500 |
Spicola Family Foundation Minnetonka, MN PURPOSE: GENERAL SUPPORT | $1,500 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
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 |
Usa Swimming Inc Minnetonka, MN | $1,086,906 | $1,178,043 |
Waukesha Express Swim Team Inc Waukesha, WI | $109,829 | $1,001,501 |
Usa Swimming Inc New London, WI | $201,918 | $903,511 |
South Metro Storm Swim Club Lakeville, MN | $230,213 | $738,939 |
Sailing Education Association Of Sheboygan Inc Sheboygan, WI | $3,043,659 | $639,193 |
Ozaukee Aquatics Inc Cedarburg, WI | $165,542 | $738,005 |
Edina Swim Club Inc Edina, MN | $440,938 | $736,378 |
Eden Prairie Foxjet Swim Team Eden Prairie, MN | $301,926 | $531,103 |
Milwaukee Community Sailing Center Inc Milwaukee, WI | $2,878,635 | $633,926 |
Minneapolis Sailing Center Minneapolis, MN | $376,071 | $638,488 |