Downtown Sailing Center Inc
- Assets
- $677.7k
- Revenue
- $744.0k
- Investments
- $0.0
- Employees
- 43
- Location
- Baltimore, MD
- Founding
- 08/1994
- Data as of
- 11/2021
- EIN
- 52-1867434
Organization Overview
Downtown Sailing Center Inc is located in Baltimore, MD. The organization was established in 1994. 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. As of 11/2021, Downtown Sailing Center Inc employed 43 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Downtown Sailing Center 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 11/2021, Downtown Sailing Center Inc generated $744.0k in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 2.8% each year. All expenses for the organization totaled $742.5k during the year ending 11/2021. While expenses have increased by 3.1% per year over the past 6 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
THE DOWNTOWN SAILING CENTER PROVIDES QUALITY LIFE ENRICHING PROGRAMS THAT PROMOTE SELF-ESTEEM AND TEAMWORK THROUGH THE JOY OF SAILING. THE DOWNTOWN SAILING CENTER IS COMMITTED TO PROMOTING AN ENVIRONMENT OF INCLUSIVENESS AND ACCESSIBILITY, ESPECIALLY TO YOUTH, PERSONS WITH DISABILITIES, AND THOSE WITH LIMITED OPPORTUNITY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
MEMBERSHIP- OUR MEMBERSHIP, WHICH INCLUDES OUR CADRE OF "VOLUNTEER LEVEL" MEMBERS, IS THE FOUNDATION FOR OUR DOWNTOWN SAILING COMMUNITY. WE ARE A COMMUNITY OF INDIVIDUALS FROM AS FAR AWAY AS PENNSYLVANIA AND WASHINGTON, DC. OUR MEMBERS ARE COLLEGE STUDENTS AND RETIREES; PROFESSIONALS AND BLUE COLLAR WORKERS; FROM ALL WALKS OF LIFE, ECONOMIC CLASSES, ETHNICITIES, AND RELIGIOUS AFFILIATIONS. MOST CAME TO THE DSC TO LEARN HOW TO SAIL OR TO VOLUNTEER IN OUR PROGRAMS FOR PERSONS WITH DISABILITIES. OUR MEMBERS ARE OUR GREATEST VOLUNTEERS; AND MANY HAVE BEEN CONTRIBUTING TO THE DSC FOR YEARS.
JUNIOR CAMP AND ADULT EDUCATION- THE DOWNTOWN SAILING CENTER (DSC) BEGAN OFFERING YOUTH SAILING PROGRAMS IN 1990 TO MAKE SAILING AVAILABLE AND CONVENIENT TO ALL BALTIMORE-AREA CHILDREN. SAILING IS AN EXHILARATING WAY FOR CHILDREN TO DEVELOP TEAMWORK SKILLS, IMPROVE CONCENTRATION, AND BECOME MORE SELF-CONFIDENT. THE DOWNTOWN SAILING CENTER IS AN ACCREDITED US SAILING SCHOOL THAT PROVIDES COURSES FOR ALL EXPERIENCE LEVELS. OUR UNIFIED CURRICULUM LETS EVERY STUDENT REACH THEIR FULL POTENTIAL BY DEVELOPING SKILLS IN A LOGICAL PROGRESSION WHILE OFFERING TAILORED INSTRUCTION FOR EVERY MEMBER OF OUR COMMUNITY.
COMMUNITY OUTREACH-THE DOWNTOWN SAILING CENTER (DSC) IS COMMITTED TO PROVIDING OPPORTUNITIES TO SAIL FOR EVERYONE, REGARDLESS OF RACE, ABILITY, OR ECONOMIC STATUS. WE BELIEVE THAT SAILING CAN CHANGE LIVES. WE ALSO BELIEVE THAT LIVES CAN CHANGE SAILING. THE DSC'S TARGETED OUTREACH PROGRAMS STRIVE TO BREAK DOWN ALL BARRIERS TO PARTICIPATION, GIVING THE COMMUNITY EQUAL ACCESS TO THE WATER AND PROVIDING US WITH A MORE DIVERSE COMMUNITY OF SAILORS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Stuard Proctor Executive Director | Officer | 40 | $61,380 |
Alan Dunklow Secretary | OfficerTrustee | 5 | $0 |
Chris Rossi President | OfficerTrustee | 5 | $0 |
Elizabeth Truong Vice President | OfficerTrustee | 5 | $0 |
Mike Oh Member-At-Large | Trustee | 5 | $0 |
Mike Mcnamara Member-At-Large | Trustee | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $223,991 |
| Fundraising events | $163,302 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $163,791 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $551,084 |
| Total Program Service Revenue | $197,712 |
| Investment income | $177 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | -$5,000 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $743,973 |
| 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. | $69,565 |
| Compensation of current officers, directors, key employees. | $13,913 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $278,946 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $24,558 |
| Payroll taxes | $31,936 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $20,876 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $5,914 |
| Office expenses | $1,989 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $86,133 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $7,902 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $61,500 |
| Insurance | $35,793 |
| All other expenses | $27,944 |
| Total functional expenses | $742,486 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $193,485 |
| 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 | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $2,205 |
| Net Land, buildings, and equipment | $478,521 |
| Investments—publicly traded securities | $3,490 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $677,701 |
| Accounts payable and accrued expenses | $27,395 |
| Grants payable | $0 |
| Deferred revenue | $2,195 |
| 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 | $27,248 |
| Unsecured mortgages and notes payable | $150,000 |
| Other liabilities | $94,101 |
| Total liabilities | $300,939 |
| Net assets without donor restrictions | $376,762 |
| 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 | $0 |
| Total liabilities and net assets/fund balances | $677,701 |
Grants Recieved
Over the last fiscal year, we have identified 7 grants that Downtown Sailing Center Inc has recieved totaling $15,622.
| Awarding Organization | Amount |
|---|---|
American Online Giving Foundation Inc Newark, DE PURPOSE: GENERAL SUPPORT | $5,558 |
Dillon Fund New York, NY PURPOSE: GENERAL OPERATING FUND | $5,000 |
The Rcm&d Foundation Towson, MD PURPOSE: PROVIDE QUALITY EDUCATION AND LIFE ENRICHING PROGRAMS TO PROMOTE SELF-ESTEEM AND TEAMWORK | $2,500 |
Rockefeller Foundation New York, NY PURPOSE: IN SUPPORT OF RF DONATIONS TO CHARITABLE ORGANIZATIONS | $1,500 |
Bloom Foundation Inc Edenton, NC PURPOSE: CHARITABLE | $750 |
Amica Companies Foundation Lincoln, RI PURPOSE: GENERAL PURPOSE | $175 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Nova Of Virginia Aquatics Inc Richmond, VA | $8,429,552 | $3,737,460 |
Occoquan Swimming Inc Manassas, VA | $416,953 | $2,263,892 |
American Canoe Association Fredericksburg, VA | $2,935,103 | $2,005,196 |
Old Dominion Boat Club Alexandria, VA | $11,245,214 | $1,105,837 |
Tide Swimming Virginia Beach, VA | $1,525,215 | $1,751,645 |
North Baltimore Aquatic Club Inc Towson, MD | $609,098 | $1,206,837 |
The Fish Swimteam Inc Fairfax, VA | $418,358 | $867,783 |
Highlands Swim And Tennis Club Inc Mclean, VA | $2,158,004 | $1,103,225 |
Usa Swimming Inc Appomattox, VA | $921,136 | $1,203,031 |
Forest Hill Swim Club Inc Ellicott City, MD | $874,185 | $822,025 |
Usa Swimming Inc Blue Bell, PA | $1,171,270 | $977,140 |
Scranton Canoe Club Lake Winola, PA | $1,120,318 | $1,020,195 |