Pyc Satori Foundation Inc
- Assets
- $539.2k
- Revenue
- $144.3k
- Investments
- $0.0
- Employees
- 1
- Location
- Pensacola, FL
- Founding
- 09/2015
- Data as of
- 12/2021
- EIN
- 47-3844517
Organization Overview
Pyc Satori Foundation Inc is located in Pensacola, FL. The organization was established in 2015. According to its NTEE Classification (O50) the organization is classified as: Youth Development Programs, under the broad grouping of Youth Development and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Pyc Satori 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, Pyc Satori Foundation Inc generated $144.3k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (19.3%) each year. All expenses for the organization totaled $107.2k during the year ending 12/2021. 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
THE MISSION IS TO INSPIRE INTEREST IN AND ENCOURAGE AND PROMOTE THE SPORT OF SAILINGAND YACHTING AND A BROAD RANGE OF MARITIME ACTIVITIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SATORI HAD A LIGHT OUTREACH SEASON DUE TO A COVID RESURGENCE. WE HAD 14 OUTREACH SAILS WITH 111 PARTICIPANTS. SATORI AWARDED 11 SUMMER SAILING CAMP SCHOLARSHIPS WITH AN ONGOING JUNIOR SAILING SCHOLARSHIP.
THE FIRST ANNUAL PETE MOORE CHEVROLET FISHING RODEO AND KIDS PINFISH TOURNAMENT HAPPENED IN JULY WITH MORE THAN 65 CHILDREN FISHING ON THE FLOATING DOCKS.
SUPPLIED CLASSROOMS IN EARLY CHILDHOOD CAREER ACADEMIES WITH COPIES OF DR. DANA SUSKIND'S BOOK "THIRTY MILLION WORDS: BUILDING A CHILD'S BRAIN". DR. SUSKIND IS THE FOUNDER OF THE TMW CENTER FOR EARLY LEARNING AND PUBLIC HEALTH AT THE UNIVERSITY OF CHICAGO.
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 |
|---|---|---|---|
Denis Mckinnon Vice-President/truste | OfficerTrustee | 2 | $0 |
William Nobles Secretary/treasurer | OfficerTrustee | 2 | $0 |
Alan Mcmillan President/trustee | OfficerTrustee | 2 | $0 |
Bruce Partington Trustee | Trustee | 2 | $0 |
James Reeves Trustee | Trustee | 2 | $0 |
Thomas Pace Trustee | Trustee | 2 | $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 | $67,607 |
| Noncash contributions included in lines 1a–1f | $20,000 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $67,607 |
| Total Program Service Revenue | $0 |
| Investment income | $3,530 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $1,953 |
| Net Gain/Loss on Asset Sales | $5,789 |
| Net Income from Fundraising Events | $65,421 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $144,300 |
| 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 | $24,230 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $400 |
| Office expenses | $60 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| 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 | $34,964 |
| Insurance | $6,544 |
| All other expenses | $14,901 |
| Total functional expenses | $107,154 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $353,109 |
| 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 | $28,000 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $158,050 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $539,159 |
| Accounts payable and accrued expenses | $0 |
| 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 | $0 |
| Total liabilities | $0 |
| 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 | $539,159 |
| Total liabilities and net assets/fund balances | $539,159 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Pyc Satori Foundation Inc has recieved totaling $20,000.
| Awarding Organization | Amount |
|---|---|
Community Foundation Of Northwest Florida Inc Pensacola, FL PURPOSE: CHILDREN | $20,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Heartland For Children Inc Bartow, FL | $9,440,569 | $48,626,648 |
Florida Sheriffs Youth Ranches Inc Boys Ranch, FL | $84,342,372 | $25,037,131 |
Epic-Cure Inc St Augustine, FL | $312,618 | $8,316,447 |
Gulf Coast Childrens Advocacy Panama City, FL | $5,514,072 | $7,744,827 |
Gang Alternative Inc Miami, FL | $2,177,395 | $7,044,505 |
Big Brothers And Big Sisters Of Greater Miami Miami, FL | $13,886,069 | $6,863,222 |
Pga Tour Charities Inc Ponte Vedra Beach, FL | $3,965,513 | $4,568,205 |
Corners Outreach Inc Peachtree Corners, GA | $1,471,202 | $3,739,961 |
Project Lift Inc Palm City, FL | $4,577,307 | $5,295,911 |
Horizons Atlanta Inc Atlanta, GA | $3,035,876 | $3,541,460 |
National Association Of School Resource Officers Inc Hoover, AL | $2,764,517 | $2,530,653 |
Chi Chi Rodriguez Youth Foundation Clearwater, FL | $6,554,423 | $3,026,645 |