Great Chesapeake Schooner Race Inc
- Assets
- $82.9k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Mobjack, VA
- Founding
- 08/1994
- Data as of
- 12/2023
- EIN
- 54-1704367
Organization Overview
Great Chesapeake Schooner Race Inc is located in Mobjack, VA. The organization was established in 1994. According to its NTEE Classification (C01) the organization is classified as: Alliances & Advocacy, under the broad grouping of Environment and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Great Chesapeake Schooner Race 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 12/2023, Great Chesapeake Schooner Race Inc generated $58.4k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 2 years, the organization has seen revenues fall by an average of (3.7%) each year. All expenses for the organization totaled $67.8k during the year ending 12/2023. 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 |
|---|---|---|---|
Steven Briggs President | 3.5 | $0 | |
Duncan Hood Chairperson | 3 | $0 | |
Paul Carroll Vice President | 3 | $0 | |
Jennifer Kaye Secretary | 1.5 | $0 | |
Keith Jones Treasurer | 6 | $0 | |
Caryn West Director | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $27,643 |
| Total Program Service Revenue | $27,860 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $58,388 |
| 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 | $6,849 |
| Total expenses | $67,778 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $82,904 |
| Other assets | $0 |
| Total assets | $82,904 |
| Total liabilities | $0 |
| Net assets or fund balances | $82,904 |