Augusta Sailing Club Inc
- Assets
- $908.6k
- Revenue
- $428.9k
- Investments
- $0.0
- Employees
- 16
- Location
- Evans, GA
- Founding
- 02/1956
- Data as of
- 12/2021
- EIN
- 58-0833351
Organization Overview
Augusta Sailing Club Inc is located in Evans, GA. The organization was established in 1956. 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 12/2021, Augusta Sailing Club Inc employed 16 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Augusta Sailing Club Inc is a 501(c)(7) and as such, is described as a "Social and Recreational Club" by the IRS.
For the year ending 12/2021, Augusta Sailing Club Inc generated $428.9k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 4.7% each year. All expenses for the organization totaled $404.0k during the year ending 12/2021. While expenses have increased by 4.1% per year over the past 7 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 PRIMARY OBJECTIVE IS TO PROMOTE SAILING. SECONDARY OBJECTIVES ARE TO PROVIDE SOCIAL FUNCTIONS, CAMPING, SWIMMING AND OTHER WATER SPORTS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROMOTE SAILING THRU SAILING AND SAFETY CLASSES FOR VARIOUS AGES.
TO PROVIDE SOCIAL FUNCTIONS, CAMPING, SWIMMING, AND OTHER WATER SPORTS.
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 |
|---|---|---|---|
Kevin Kilchenstein Vice Commodo | OfficerTrustee | 10 | $0 |
Kim Bagnoni Commodore | OfficerTrustee | 10 | $0 |
David Mosier Treasurer | OfficerTrustee | 10 | $0 |
Mark Yarbrough Rear Commodo | OfficerTrustee | 10 | $0 |
Brenda Renick Secretary | OfficerTrustee | 10 | $0 |
Eli Putnam Past Commodo | OfficerTrustee | 10 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $428,906 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $428,906 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $51,692 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $4,135 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $1,800 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $15,695 |
| Advertising and promotion | $0 |
| Office expenses | $7,563 |
| Information technology | $3,653 |
| Royalties | $0 |
| Occupancy | $43,673 |
| Travel | $1,715 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $7,501 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $92,718 |
| Insurance | $16,112 |
| All other expenses | $0 |
| Total functional expenses | $403,999 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $112,009 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $3,098 |
| 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 | $2,915 |
| Net Land, buildings, and equipment | $790,559 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $908,581 |
| Accounts payable and accrued expenses | $22,649 |
| Grants payable | $0 |
| Deferred revenue | $16,537 |
| 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 | $0 |
| Unsecured mortgages and notes payable | $116,390 |
| Other liabilities | $0 |
| Total liabilities | $155,576 |
| Net assets without donor restrictions | $753,005 |
| 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 | $908,581 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Circle Square Foundation Ocala, FL | $124,141,413 | $8,724,488 |
Divers Alert Network Durham, NC | $37,418,607 | $12,273,989 |
Mecklenburg Aquatic Club Inc Charlotte, NC | $2,813,176 | $4,694,169 |
United States Masters Swimming Inc Sarasota, FL | $7,327,632 | $3,454,621 |
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 |
Usa Water Ski & Wake Sports Inc Auburndale, FL | $1,442,821 | $1,825,367 |
Excel Aquatics Brentwood, TN | $851,394 | $1,571,381 |
Usa Swimming Inc Minneola, FL | $982,345 | $1,492,508 |
Sarasota Crew Inc Osprey, FL | $3,089,613 | $2,511,291 |
Nashville Aquatic Club Nashville, TN | $573,153 | $1,290,870 |