Lake Lanier Junior Sailing Program is located in Flowery Branch, GA. The organization was established in 1998. According to its NTEE Classification (N40) the organization is classified as: Sports Associations & Training Facilities, 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. Lake Lanier Junior Sailing Program 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 12/2019, Lake Lanier Junior Sailing Program generated $57.8k 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 (10.6%) each year. All expenses for the organization totaled $46.7k during the year ending 12/2019. As we would expect to see with falling revenues, expenses have declined by (18.9%) per year over the past 2 years. 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
2019
Describe the Organization's Program Activity:
Part 3
THREE WEEKS OF JUNIOR SAILING TRAINING CAMP; REGIONAL YOUTH OPTIMIST DINGY ASSOCIATION CHAMPIONSHIP REGATTA; ONGOING SAILING TRAINING AND EDUCATIONAL ACTIVITES.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
William Overend Co-Director | 4 | $0 | |
Jessica Hill Treasurer | 4 | $0 | |
Scott Mathis Co-Director | 4 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $17,135 |
Total Program Service Revenue | $40,394 |
Membership dues | $0 |
Investment income | $0 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $295 |
Total Revenue | $57,824 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $46,039 |
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 | $660 |
Total expenses | $46,699 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $25,700 |
Other assets | $0 |
Total assets | $44,152 |
Total liabilities | $20,156 |
Net assets or fund balances | $23,996 |
Over the last fiscal year, we have identified 2 grants that Lake Lanier Junior Sailing Program has recieved totaling $1,584.
Awarding Organization | Amount |
---|---|
Dream Weaver Foundation Inc Cumming, GA PURPOSE: GENERAL WELFARE | $1,500 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $84 |
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