Marathon Yacht Club Educational Foundation Inc
- Assets
- $33.0k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Marathon, FL
- Founding
- 07/2014
- Data as of
- 12/2021
- EIN
- 46-3127481
Organization Overview
Marathon Yacht Club Educational Foundation Inc is located in Marathon, FL. The organization was established in 2014. According to its NTEE Classification (B90) the organization is classified as: Educational Services, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Marathon Yacht Club Educational Foundation 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, Marathon Yacht Club Educational Foundation Inc generated $53.1k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 4.9% each year. All expenses for the organization totaled $41.0k 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
THE PRIMARY PURPOSE IS TO PROVIDE MARINE EDUCATION AND SCHOLARSHIPS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Joanne Zimmerman Secretary/treas | 0 | $0 | |
Elizabeth Lefler Chairman | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $53,094 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $53,094 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $21,033 |
| Professional fees and other payments to independent contractors | $140 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $245 |
| Other expenses | $19,323 |
| Total expenses | $40,991 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $21,817 |
| Other assets | $0 |
| Total assets | $33,011 |
| Total liabilities | $347 |
| Net assets or fund balances | $32,664 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Marathon Yacht Club Educational Foundation Inc has recieved totaling $10,124.
| Awarding Organization | Amount |
|---|---|
Snow Family Foundation Marathon, FL PURPOSE: UNRESTRICTED | $10,000 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $124 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Hillsborough Education Foundation Inc Tampa, FL | $10,731,665 | $10,065,447 |
The Cottage School Educational Resource Center Inc Roswell, GA | $19,413,651 | $9,463,796 |
Slam Foundation Inc Miami, FL | $8,480,329 | $6,817,017 |
Healthmpowers Inc Norcross, GA | $4,830,831 | $6,606,779 |
Renaissance Learning Center Inc Jupiter, FL | $2,830,246 | $5,315,115 |
South Florida Bible College & Theological Seminary Deerfield Beach, FL | $14,829,232 | $12,057,041 |
Innovations For Learning Inc Odessa, FL | $7,585,037 | $2,086,723 |
Florida League Of International Baccalaureate Schools Inc Clearwater, FL | $1,934,067 | $2,961,719 |
Library And Information Resources Network Inc Clearwater, FL | $1,570,735 | $3,169,409 |
Lighthouse Academies Land O Lakes, FL | $3,426,213 | $3,123,865 |
Impact Florida Inc Tallahassee, FL | $2,740,879 | $3,235,545 |
Academy Prep Center Of Tampa Inc Tampa, FL | $7,772,771 | $3,246,003 |