Flying Scot Sailing Association International Inc is located in Columbia, SC. The organization was established in 1982. 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. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Flying Scot Sailing Association International 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, Flying Scot Sailing Association International Inc generated $63.5k 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 (7.3%) each year. All expenses for the organization totaled $66.6k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (5.2%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
THE ORGANIZATION FOSTERS SPORTS COMPETITION AMONGAMATEURS IN THE FORM OF SANCTIONED SAIL BOAT RACINGEVENTS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Nancy L Claypool President | 2 | $0 | |
Diane Kampf Website Editor | 2 | $0 | |
Bill Dunham Commodore | 2 | $0 | |
Bruce Kitchen Secretary/treasurer | 2 | $0 | |
Bill Vogler Immediate Past Commodore | 4 | $0 | |
Nina Cummings Second Vice President | 2 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $1,480 |
Total Program Service Revenue | $0 |
Membership dues | $42,213 |
Investment income | $2,769 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $17,085 |
Total Revenue | $63,547 |
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 | $37,452 |
Occupancy, rent, utilities, and maintenance | $0 |
Printing, publications, postage, and shipping | $16,326 |
Other expenses | $12,828 |
Total expenses | $66,606 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $143,481 |
Other assets | $0 |
Total assets | $143,481 |
Total liabilities | $19,140 |
Net assets or fund balances | $124,341 |
Over the last fiscal year, we have identified 1 grants that Flying Scot Sailing Association International Inc has recieved totaling $320.
Awarding Organization | Amount |
---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $320 |
Organization Name | Assets | Revenue |
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Divers Alert Network Durham, NC | $37,418,607 | $12,273,989 |
Mecklenburg Aquatic Club Inc Charlotte, NC | $2,813,176 | $4,694,169 |
Hollow Rock Racquet And Swim Club Inc Durham, NC | $3,219,714 | $2,479,240 |
Raleigh Swimming Association Raleigh, NC | $3,136,776 | $2,156,316 |
United States Power Squadrons Raleigh, NC | $2,932,406 | $2,085,267 |
New Wave Swim Team Raleigh, NC | $441,489 | $1,106,359 |
Usa Swimming Inc Winston Salem, NC | $1,749,206 | $981,128 |
Athens Bulldog Swim Club Inc Hull, GA | $405,540 | $725,242 |
Foxcroft Hills Swim Club Inc Charlotte, NC | $386,758 | $924,613 |
The Chastain Park Athletic Club Inc Atlanta, GA | $522,043 | $805,650 |
Sherwood Swim & Racquet Club Greensboro, NC | $2,834,744 | $740,225 |
Gwinnett Aquatics Inc Atlanta, GA | $499,247 | $547,066 |