Viridian Sailing Center Foundation
- Assets
- $24.2k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Arlington, TX
- Founding
- 08/2017
- Data as of
- 12/2021
- EIN
- 81-2927238
Organization Overview
Viridian Sailing Center Foundation is located in Arlington, TX. The organization was established in 2017. 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. Viridian Sailing Center Foundation 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, Viridian Sailing Center Foundation generated $166.1k in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 23.7% each year . All expenses for the organization totaled $154.3k 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 VIRIDIAN SAILING CENTER FOUNDATION HAS TRAINED AND CERTIFIED SEVEN US SAILING CERTIFIED SAILING INSTRUCTORS. MORE THAN 100 CHILDREN AND YOUTH LEARNED BASIC SAILING SKILLS VIA OUR SUMMER SAILING CAMPS, 49 ADULTS LEARNED TO SAIL IN OUR GROUP CLASSES, AND WE SERVED OVER 300 ANNUAL PASSHOLDERS AND GUESTS DURING THE 2021 SEASON.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kathrena L Jordan Executive Dir. | 10 | $0 | |
Stephen Coward Director | 2 | $0 | |
Robert Kembel President | 5 | $0 | |
Long Ta Director | 2 | $0 | |
Jack Hattendorf Director | 2 | $0 | |
William Griffith Director | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $63,200 |
| Total Program Service Revenue | $39,103 |
| Membership dues | $62,139 |
| Investment income | $1,150 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $166,147 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $76,888 |
| Professional fees and other payments to independent contractors | $25,138 |
| Occupancy, rent, utilities, and maintenance | $20 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $52,234 |
| Total expenses | $154,280 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $24,174 |
| Other assets | $0 |
| Total assets | $24,174 |
| Total liabilities | $0 |
| Net assets or fund balances | $24,174 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Sea Star Base Galveston Galveston, TX | $52,632,706 | $20,281,003 |
Elkins Lake Recreation Corporation Huntsville, TX | $9,584,590 | $4,419,021 |
City Of Midland Aquatics Inc Midland, TX | $15,063,835 | $4,415,991 |
Lakeside Aquatic Club Flower Mound, TX | $1,073,156 | $2,759,695 |
Dads Club Swim Team Inc Houston, TX | $8,890,317 | $2,500,934 |
First Colony Swim Team Inc Missouri City, TX | $836,343 | $2,162,266 |
Courtney S Turner Charitable Trust Boatmens First Natl Bk Of Kc Ttee Dallas, TX | $21,330,664 | $1,286,547 |
Laser Class Association Inc Austin, TX | $1,155,017 | $1,842,561 |
Katy Aquatic Team For Youth Inc Katy, TX | $1,965,760 | $1,613,790 |
Austin Rowing Club Austin, TX | $793,099 | $1,451,124 |
Metroplex Aquatics Allen, TX | $207,807 | $1,113,321 |
City Of Plano Swimmers Inc Plano, TX | $1,713,838 | $1,678,096 |