Gulf Coast Sailing Foundation
- Assets
- $97.2k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Gulfport, MS
- Founding
- 03/2012
- Data as of
- 12/2021
- EIN
- 45-4531055
Organization Overview
Gulf Coast Sailing Foundation is located in Gulfport, MS. The organization was established in 2012. 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. Gulf Coast Sailing 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 12/2021, Gulf Coast Sailing Foundation generated $24.7k 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 (32.3%) each year. All expenses for the organization totaled $27.9k during the year ending 12/2021. 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
2021
Describe the Organization's Program Activity:
Part 3
SUPPORT OF SAILING COMPETITIONS AND TRAINING.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Steve Nolte President | 0 | $0 | |
John Dane III Vice President | 0 | $0 | |
Monica Hewes Treasurer | 0 | $0 | |
Courtney Collier Secretary | 0 | $0 | |
Caleb Ulku Board Member | 0 | $0 | |
Sue Rokaw Board Member | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $3,629 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $15,089 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $6,000 |
| Total Revenue | $24,718 |
| 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 | $500 |
| Occupancy, rent, utilities, and maintenance | $21,035 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $6,398 |
| Total expenses | $27,933 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $45,212 |
| Other assets | $0 |
| Total assets | $97,214 |
| Total liabilities | $0 |
| Net assets or fund balances | $97,214 |
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