Youth Sailing Virginia Inc
- Assets
- $117.1k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Hampton, VA
- Founding
- 09/2014
- Data as of
- 06/2021
- EIN
- 46-5693840
Organization Overview
Youth Sailing Virginia Inc is located in Hampton, VA. The organization was established in 2014. 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. Youth Sailing Virginia 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 06/2021, Youth Sailing Virginia Inc generated $81.5k in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 16.2% each year . All expenses for the organization totaled $96.6k during the year ending 06/2021. 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
TO PROVIDE YOUTH SAILING OPPORTUNITIES FOR PUBLIC AND PRIVATE 7TH - 12TH GRADE STUDENTS IN THE SPRING AND FALL SEASONS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Alan Bomar Vice President | 5 | $0 | |
Gary Bodie Member | 2 | $0 | |
Kevin Eley Past President | 2 | $0 | |
William Brown Member | 5 | $0 | |
Carolyn Campbell Secretary | 5 | $0 | |
Robert Shuford Member | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $58,028 |
| Total Program Service Revenue | $23,469 |
| Membership dues | $0 |
| Investment income | $1 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $81,498 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $30,424 |
| Professional fees and other payments to independent contractors | $4,940 |
| Occupancy, rent, utilities, and maintenance | $25,670 |
| Printing, publications, postage, and shipping | $2,839 |
| Other expenses | $32,731 |
| Total expenses | $96,604 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $57,291 |
| Other assets | $0 |
| Total assets | $117,132 |
| Total liabilities | $36,190 |
| Net assets or fund balances | $80,942 |
Grants Recieved
Over the last fiscal year, we have identified 3 grants that Youth Sailing Virginia Inc has recieved totaling $7,019.
| Awarding Organization | Amount |
|---|---|
Alice B Glasheen Memorial Tr Crozet, VA PURPOSE: LEARN TO SAIL PROGRAM | $5,000 |
Rouse-Bottom Foundation Newport News, VA PURPOSE: GENERAL SUPPORT | $2,000 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $19 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Divers Alert Network Durham, NC | $37,418,607 | $12,273,989 |
Mecklenburg Aquatic Club Inc Charlotte, NC | $2,813,176 | $4,694,169 |
Nova Of Virginia Aquatics Inc Richmond, VA | $8,429,552 | $3,737,460 |
Occoquan Swimming Inc Manassas, VA | $416,953 | $2,263,892 |
Hollow Rock Racquet And Swim Club Inc Durham, NC | $3,219,714 | $2,479,240 |
Raleigh Swimming Association Raleigh, NC | $3,136,776 | $2,156,316 |
United States Power Squadrons Raleigh, NC | $2,932,406 | $2,085,267 |
American Canoe Association Fredericksburg, VA | $2,935,103 | $2,005,196 |
Excel Aquatics Brentwood, TN | $851,394 | $1,571,381 |
Old Dominion Boat Club Alexandria, VA | $11,245,214 | $1,105,837 |
Nashville Aquatic Club Nashville, TN | $573,153 | $1,290,870 |
Tide Swimming Virginia Beach, VA | $1,525,215 | $1,751,645 |