Foundry Sailing Association

Organization Overview

Foundry Sailing Association is located in Cleveland, OH. The organization was established in 2017. According to its NTEE Classification (N99) the organization is classified as: Recreation & Sports N.E.C., under the broad grouping of Recreation & Sports and related organizations. As of 06/2021, Foundry Sailing Association employed 4 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Foundry Sailing Association 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 06/2021, Foundry Sailing Association generated $147.8k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (3.1%) each year. All expenses for the organization totaled $211.7k during the year ending 06/2021. As we would expect to see with falling revenues, expenses have declined by (8.0%) per year over the past 4 years. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990EZ Filing

TAX YEAR

2021

Describe the Organization's Program Activity:

Part 3

SAILING INSTRUCTION


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Financial Statements

Statement of Revenue
Total Revenue from Contributions, Gifts, Grants & Similar$93,207
Total Program Service Revenue$54,304
Membership dues$0
Investment income $0
Gain or Loss$0
Net Income from Gaming & Fundraising$0
Other Revenue$322
Total Revenue$147,833

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