Crooked Lake Sailors Inc
- Assets
- $112.0k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Oden, MI
- Founding
- 09/2011
- Data as of
- 12/2022
- EIN
- 80-0623079
Organization Overview
Crooked Lake Sailors Inc is located in Oden, MI. The organization was established in 2011. 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. Crooked Lake Sailors 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 12/2022, Crooked Lake Sailors Inc generated $96.7k 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 (20.3%) each year. All expenses for the organization totaled $150.0k during the year ending 12/2022. 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
2022
Describe the Organization's Program Activity:
Part 3
CONDUCTED MORNING AND AFTERNOON SAILING AND WATER SAFETY CLASSES FOR AREA YOUTH MONDAY THROUGH FRIDAY FOR SEVEN WEEKS DURING THE SUMMER. CONDUCTED EVENING SAILING CLASSES FOR ADULTS TWICE WEEKLY FOR FOUR WEEKS IN LATE JUNE AND JULY. THE NUMBER OF INDIVIDUALS, (PRIMARILY YOUTHS) AVERAGES OVER 100 STUDENTS EACH YEAR. WHILE OUR STUDENT TUITION PRICING IS GENERALLY THE LOWEST AMONG OTHER SAILING SCHOOLS IN OUR AREA, WE AWARD TUITION DISCOUNTS THROUGH SCHOLARSHIPS TO MANY STUDENTS TO ENABLE THEM TO AFFORD TO ATTEND OUR SAILING CLASSES. WE HAVE NO PAID EMPLOYEES OTHER THAN OUR INSTRUCTORS, WHO ARE HIGH SCHOOL AND COLLEGE-AGED YOUNG PEOPLE TRAINED IN SAILING INSTRUCTION AND BOATING SAFETY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Max Mckinney Board Chair | 1 | $0 | |
Julie Strickland Treasurer | 2 | $0 | |
Dan Rupp Board Member | 1 | $0 | |
Justin Stuckley Board Member | 1 | $0 | |
Mary Fletcher Board Member | 1 | $0 | |
Todd Mckinney Board Member | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $61,898 |
| Total Program Service Revenue | $28,060 |
| Membership dues | $0 |
| Investment income | $4 |
| Gain or Loss | $4,460 |
| Net Income from Gaming & Fundraising | $965 |
| Other Revenue | $671 |
| Total Revenue | $96,716 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $31,290 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $1,176 |
| Printing, publications, postage, and shipping | $290 |
| Other expenses | $10,946 |
| Total expenses | $150,014 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $35,198 |
| Other assets | $0 |
| Total assets | $112,016 |
| Total liabilities | $0 |
| Net assets or fund balances | $112,016 |