Valhalla Sailing Project Ltd
- Assets
- $99.4k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Annapolis, MD
- Founding
- 01/2016
- Data as of
- 10/2022
- EIN
- 47-5260622
Organization Overview
Valhalla Sailing Project Ltd is located in Annapolis, MD. The organization was established in 2016. According to its NTEE Classification (P20) the organization is classified as: Human Service Organizations, under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Valhalla Sailing Project Ltd 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 10/2022, Valhalla Sailing Project Ltd generated $49.2k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 3 years, the organization has seen revenues fall by an average of (21.3%) each year. All expenses for the organization totaled $76.3k during the year ending 10/2022. 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
2022
Describe the Organization's Program Activity:
Part 3
INTEGRATED WOUNDED, DISABLED, AND TRANSITIONING VETERANS INTO A COHESIVE FAMILY STYLE ENVIRONMENT THAT AIDED THEM IN COPING WITH POST-TRAUMATIC STRESS. THIS WAS ACCOMPLISHED THROUGH FOUR (4) WEEKEND INTRODUCTION TO SAILING WEEKENDS, OVER 30-DAYS OF SAILBOAT RACING, FAMILY SAILING CRUISES, AND OFFSHORE EXCURSIONS.
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 |
|---|---|---|---|
Mike Wood Co-Founder, Exec Emeritus | 10 | $0 | |
Katie Freeman Director | 10 | $0 | |
James Mcginnis Exec Director | 15 | $0 | |
Jeremy Dublon Director | 10 | $0 | |
James Darlington Director | 10 | $0 | |
Sam Holoviak Treasurer | 20 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $54,218 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | -$4,979 |
| Other Revenue | $0 |
| Total Revenue | $49,239 |
| 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 | $165 |
| Occupancy, rent, utilities, and maintenance | $20,431 |
| Printing, publications, postage, and shipping | $1,620 |
| Other expenses | $53,556 |
| Total expenses | $76,272 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $44,364 |
| Other assets | $0 |
| Total assets | $99,364 |
| Total liabilities | $0 |
| Net assets or fund balances | $99,364 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Valhalla Sailing Project Ltd has recieved totaling $0.
| Awarding Organization | Amount |
|---|---|
American Legion Chesapeake Beach, MD PURPOSE: Donation | $0 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Union Mission Norfolk, VA | $19,076,349 | $10,467,458 |
Montgomery County Community Action Development Commission Norristown, PA | $3,474,447 | $9,701,447 |
Harford Community Action Agency Inc Edgewood, MD | $1,673,036 | $9,657,215 |
Hartwood Foundation Inc Fairfax, VA | $10,472,777 | $9,719,871 |
Liberty Lutheran Services Ambler, PA | $87,780,400 | $9,720,613 |
Olivet Medical Ministry Inc Yorktown, VA | $5,086,470 | $8,947,962 |
Families U S A Foundation Inc Washington, DC | $37,749,314 | $9,369,992 |
Community Action Partnership Of Mercer County Sharon, PA | $4,458,318 | $9,067,066 |
Community Assistance Network Inc Baltimore, MD | $3,357,126 | $8,764,138 |
Methodist Services Philadelphia, PA | $6,407,252 | $8,201,860 |
Peoples Place Ii Inc Milford, DE | $5,585,489 | $9,355,461 |
Resource Connections Incorporated Lanham, MD | $5,507,400 | $8,463,965 |