Coastal Virgina Youth Sailing Foundation Inc
- Assets
- $182.6k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Norfolk, VA
- Founding
- 10/2005
- Data as of
- 12/2021
- EIN
- 59-3796556
Organization Overview
Coastal Virgina Youth Sailing Foundation Inc is located in Norfolk, VA. The organization was established in 2005. According to its NTEE Classification (B03) the organization is classified as: Professional Societies & Associations, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Coastal Virgina Youth Sailing Foundation 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, Coastal Virgina Youth Sailing Foundation Inc generated $26.0k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 0.0% each year. All expenses for the organization totaled $44.1k during the year ending 12/2021. 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
2021
Describe the Organization's Program Activity:
Part 3
THE FOUNDATION ORGANIZED AND HOSTED THE OPTI-NATIONALS REGATTA AND PROVIDED FUNDRAISING SUPPORT FOR AN OLYMPIC HOPEFUL.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
J Randolph Stokes President | 0.25 | $0 | |
Pj Trudell Secretary | 0.25 | $0 | |
Stricker C Sanford Director | 0.25 | $0 | |
David Chase Treasurer | 0.25 | $0 | |
Scott G Kennedy Director | 0.25 | $0 | |
G Benjamin Schill Jr Vice President | 0.25 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $12,698 |
| Total Program Service Revenue | $13,335 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $26,033 |
| 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 | $44,062 |
| Total expenses | $44,062 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $55,587 |
| Other assets | $0 |
| Total assets | $182,588 |
| Total liabilities | $0 |
| Net assets or fund balances | $182,588 |