Youth Sailing Foundation Of The Palm Beaches
- Assets
- $82.6k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- West Palm Bch, FL
- Founding
- 11/2015
- Data as of
- 12/2021
- EIN
- 47-4838678
Organization Overview
Youth Sailing Foundation Of The Palm Beaches is located in West Palm Bch, FL. The organization was established in 2015. According to its NTEE Classification (O12) the organization is classified as: Fund Raising & Fund Distribution, 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. Youth Sailing Foundation Of The Palm Beaches 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, Youth Sailing Foundation Of The Palm Beaches generated $34.4k in total revenue. This organization has experienced exceptional growth, as over the past 3 years, it has increased revenue by an average of 46.2% each year . All expenses for the organization totaled $22.1k during the year ending 12/2021. While expenses have increased by 9.5% per year over the past 3 years. They've been increasing with an increasing level of total revenue. 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 |
|---|---|---|---|
Robert Norvell President | 3 | $0 | |
Hillary Oswald Vice President | 3 | $0 | |
Tom Homberger Treasurer | 3 | $0 | |
Sue Slater Secretary | 3 | $0 | |
Carolyn Ansay Director | 2 | $0 | |
Francois Van Well Director | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $26,566 |
| Total Program Service Revenue | $395 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $7,392 |
| Other Revenue | $0 |
| Total Revenue | $34,353 |
| 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 | $0 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $22,089 |
| Total expenses | $22,089 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $33,728 |
| Other assets | $0 |
| Total assets | $82,618 |
| Total liabilities | $600 |
| Net assets or fund balances | $82,018 |