Sail Nc Inc
- Assets
- $4.8k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Wanchese, NC
- Founding
- 08/2014
- Data as of
- 12/2016
- EIN
- 46-3587989
Organization Overview
Sail Nc Inc is located in Wanchese, NC. The organization was established in 2014. According to its NTEE Classification (S30) the organization is classified as: Economic Development, under the broad grouping of Community Improvement & Capacity Building and related organizations. Sail NC 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 12/2016, Sail NC Inc generated $19.5k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 2 years, the organization has seen revenues fall by an average of (57.3%) each year. All expenses for the organization totaled $24.1k during the year ending 12/2016. As we would expect to see with falling revenues, expenses have declined by (51.3%) per year over the past 2 years. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Name Not Listed Treasurer | 0.2 | $0 | |
Barry Wickre President | 1 | $0 | |
Peter Johnstone Chairman | 0.05 | $0 | |
Steve Biggs Director | 0.05 | $0 | |
Tim Ivey Director | 0.05 | $0 | |
Jon Britt Director | 0.05 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $19,500 |
| 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 | $19,500 |
| 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 | $20,203 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $846 |
| Other expenses | $3,089 |
| Total expenses | $24,138 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $4,798 |
| Other assets | $0 |
| Total assets | $4,798 |
| Total liabilities | $0 |
| Net assets or fund balances | $4,798 |